Hydrogenated polyisobutene is a synthetic liquid oil, mainly used in the cosmetic industry as a substitute for silicone oil and mineral oil. Hydrogenated polyisobutene is also used as a plasticizer and extender in adhesives, rubber and textiles industries. Hydrogenated Polyisobutene helps to maintain body moisture and also prevents water loss from the skin cells. Hydrogenated polyisobutene also increases the viscosity of the base solution used in various cosmetic formulations and beauty products such as lipsticks, perfumes, foundations, face powders, make-up bases, shaving cream, moisturizers, suntan products,  tanning preparations, nail polishes, and others.

Market Dynamics:-

The global hydrogenated polyisobutene market is driven by rising health consciousness across the globe, which is expected to increase demand for hydrogenated polyisobutene-based cosmetic products, as a substitute to harmful mineral oil and silicone oil. Usage of mineral oil & silicon oil can cause irritation to the skin and can lead to skin-related disorders. For instance, in February 2019, according to the National Cancer Institute – U.S. Department of Health & Human Services, exposure to mineral oil can cause non-melanom skin cancer.

Increasing usage of natural beauty products is a major factor that is expected to hamper hydrogenated polyisobutene market growth over the forecast period. For instance, in October 2019, Nimbarka, an India-based natural beauty products manufacturer, introduced a new neem-based personal care product line (Shampoo, Scrub, Face Wash, and Purifying Gel) for India Market.

Market Outlook:-

On the basis of function, the global hydrogenated polyisobutene market is segmented into emollient, viscosity increasing agent, plasticizer, and others (extender and others). Emollient segment is estimated to account for the highest market share in terms of revenue in the global hydrogenated polyisobutene market over the forecast period (2019-2027). Moreover, major players are focused on launching new hydrogenated polyisobutene-based cosmetic products, in order to strengthen their market presence. For instance, in February 2019, Croda Personal Care launched a new moisturizing gel- Aurasphere A, which contains hydrogenated polyisobutene as a main ingredient.

On the basis of end use, the market is segmented into cosmetics, adhesives, rubber and textiles. Moreover, cosmetics segment is divided into sub-segments such as hair care, skin care, eye care, nail care, and others (sun care, grooming products, baby care, and others). Among these, cosmetics segment is expected to witness significant growth over the forecast period, owing to high acceptance of hydrogenated polyisobutene-based cosmetic products by the consumer.

On the basis of region, Asia Pacific market is expected to account for the highest market share in terms of value in the global hydrogenated polyisobutene market over the forecast period (2019-2027), owing to the booming cosmetics & personal care industry in the region. For instance, according to the Beauty World ME, a brand of Messe Frankfurt, in 2016, the Asia Pacific beauty market pegged at US$ 141 billion. Therefore, the rising beauty market in the region is expected to propel the global hydrogenated polyisobutene market growth over the forecast period.

Key Players:-

Key players in the global hydrogenated polyisobutene market include Glenn Corporation, Sophim Iberia S.L, UPI Chem, INEOS Oligomers, The Fanning Corporation, BASF, A&E Connock, Création Coleurs, Prod'Hyg, NOF America Corporation, Croda Personal Care, Sensient Cosmetic Technologies, Sensient Cosmetic Technologies, Henan Tianfu Chemical Co. ltd, and Guangzhou Yiming Chemical Materials Co., Ltd.

Market Taxonomy:-

On the basis of function, the global hydrogenated polyisobutene market is segmented into:

  • Emollient
  • Viscosity Increasing Agent
  • Plasticizer
  • Others (Extender and Others)

On the basis of end use, the global hydrogenated polyisobutene market is segmented into:

  • Cosmetics
    • Hair Care
    • Skin Care
    • Eye Care
    • Nail Care
    • Others (Sun Care, Grooming Products, Baby Care, and Others)
  • Adhesives
  • Rubber
  • Textiles

On the basis of region, the global hydrogenated polyisobutene market is segmented into:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • North Africa
    • Central Africa
    • South Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users