The global hydrogenated polyisobutene market was valued at US$ 15.1 million in 2018, according to Hydrogenated Polyisobutene Market Report, by Function (Emollient, Viscosity Increasing Agent, Plasticizer and Others (Extruders, etc.)), by End-use Industry (Cosmetics & Personal Care (Skin Care (Inc. Lipstick), Hair Care, Eye Care, Nail Care and Others (Sun Care, Baby Care, etc.)), Adhesives, Rubber and Others (Textiles Lubricants, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East and Africa), published by Coherent Market Insights.
The global hydrogenated polyisobutene market is expected to reach US$ 22.8 million by 2027, exhibiting a CAGR of 4.7% during the forecast period (2019-2027). The market for hydrogenated polyisobutene is majorly driven by the various benefits such as low toxicity of hydrogenated polyisobutene coupled with an increasing number of regulatory approvals. There are many products in the cosmetics industry that use hydrogenated polyisobutene as part of their formulations. For instance, a moisturizer named Nuance by Salma Hayek Tinted Moisturizer contains hydrogenated polyisobutene in addition to sodium hyaluronate, glycerin, tocopherol, lecithin, and titanium dioxide. Aqualia Thermal Dynamic Hydration Rich Cream, by Vichy Laboratories also contains hydrogenated polyisobutene. This cream is designed to hydrate the skin, reduce wrinkles, and improve the general health of the skin. These factors are expected to drive the growth of the global hydrogenated polyisobutene market during the forecast period.
However, hydrogenated polyisobutene has a few potential side effects which can harm the human body such as skin irritation and inflammation. These factors are expected to hamper growth of the global hydrogenated polyisobutene market during the forecast period.
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