Squalane is of a molecular formula C30H62 and has a specific stereochemical conformation. Squalane is traditionally sourced from shark liver or refined olive oil. It is highly sought after by formulators, due to its emollient properties. It is a high-end moisturizing ingredient used as an emollient in cosmetics and other personal care products, and it is a high value, clear oil compound used in pharmaceuticals, specialty lubricants etc.
Market Analysis and Insights: Global Squalane Oil Market
Due to the COVID-19 pandemic, the global Squalane Oil market size is estimated to be worth US$ 159.8 million in 2022 and is forecast to a readjusted size of US$ 284.6 million by 2028 with a CAGR of 10.1% during the review period. Fully considering the economic change by this health crisis, Phyto Squalane accounting for % of the Squalane Oil global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cosmetics & Personal Care segment is altered to an % CAGR throughout this forecast period.
Global major companies profiled in the Squalane Oil market include Kishimoto, EFP, VESTAN, Maruha Nichiro, Arista Industries, etc. Global top five companies account for about 10% of market share.
North America and Asia Pacific are likely to offer good prospects, both have a share over 75%.
In terms of product, Phyto Squalane is the largest segment, with a share over 50%. And in terms of application, the largest application is Cosmetics & Personal Care, followed by Pharmaceutical Industry and so on.
Global Squalane Oil Scope and Segment
Squalane Oil market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Squalane Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Phyto Squalane
Shark Squalane
Synthetic Squalane
Segment by Application
Cosmetics & Personal Care
Pharmaceutical Industry
Others
By Company
Kishimoto
EFP
VESTAN
Maruha Nichiro
Arista Industries
Amyris
Sophim
Croda
Nucelis LLC
Caroiline
Clariant
The Innovation Company
Henry Lamotte OILS GmbH
Kuraray
NOF Group
Ineos
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE