Global Lanolin Market Overview :
Global Lanolin market is estimated to reach $433.1 Million by 2025; growing at a CAGR of 5.9% till 2025. Lanoline is used to treat dry skin or other skin irritation caused by conditions such as radiation therapy skin burns, and diaper rash. It is ointment like natural substance derived from sheep’s wool. It is used in cosmetics and personal care products to moisturize the hair, skin, and nails. It acts as a lubricant on the skin, which gives skin soft and smooth appearance. Lanoline is used for numerous different ways such as lip balm, sunburn & peeling, cracked heels, shaving cuts, red noses, scraped knees, and sores.
Global Lanolin Market: Growth Factors
The escalation in industries such as baby care products, pharmaceuticals, and personal care & cosmetics, is the key factor fueling the market. Moreover, the growing adoption of organic products is also driving the market growth. Rising trend of male grooming products used for anti-aging, anti-wrinkl, and other products is likely to drive the market in the coming years.
Global Lanolin Market: Segmentation
The global lanolin market is mainly segmented based on the application and derivative. Based on application, the market is categorized as Personal care & Cosmetics, Baby care products, Pharmaceuticals, Industrial, and Others. On the basis of derivative, the market is divided into, Lanolin alcohol, Cholesterin, Isopropyl Lanolate, Laneth, Lanogene, Lanosterols, Quaternium 33, PEG-75, Lanolin Fatty Acid, and Others.
Global Lanolin Market: Regional Analysis
Based on geography, the global lanolin market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further categorized as U.S., Canada, and Mexico, where Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is divided into South America, the Middle East, and Africa
Global Lanolin Market: Competitive Players
Key players operating in the market include Jiangsu Winpool Industrial Co. Ltd., Rolex Lanolin Products Limited, Croda, Industria Quimica del Centro S.A. de C.V., Lanotec Australia Pty Ltd., Fenchem, NK Ingredients Pte Ltd., Nippon Fine Chemicals Co. Ltd., Lubrizol Corp., and Imperial-Oel-Import Handelsges mbH.
Lanolin Market Key Segments:
- Personal care & Cosmetics
- Baby care products
- Lanolin alcohol
- Isopropyl Lanolate
- Quaternium 33
- Lanolin Fatty Acid
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East
Key Market Players
- Jiangsu Winpool Industrial Co. Ltd.,
- Rolex Lanolin Products Limited
- Industria Quimica del Centro S.A. de C.V.
- Lanotec Australia Pty Ltd.
- NK Ingredients Pte Ltd.
- Nippon Fine Chemicals Co. Ltd.
- Lubrizol Corp.
- Imperial-Oel-Import Handelsges mbH
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies to fortify their foothold in the market