North America Lanolin Market, By Type (Hydrous and Anhydrous), Composition (Natural Composition, Chemical Composition), Product (Fatty Acid, Alcohols and Others), Derivative (Lanolin Alcohol Cholesterin, Acetylated Lanolin, Ethoxylated Lanolin, Isopropyl Lanolate, Lanolin Wax, Laneth, Lanogene, Lanosterols, Quaternium 33, Peg-75, Lanolin Fatty Acid, Technical Wool Grease, Crude Wool Grease, Lanolin Oil and Others), Application (Personal Care and Cosmetics, Baby Care Products, Pharmaceuticals, Industrial, Animal Care, Paints and Paper, Others) - Industry Trends and Forecast to 2023 to 2030.
North America Lanolin Market Analysis and Size
The essential factors contributing to the growth of the lanolin market in the forecast period of 2023 to 2020 include rising usage in cosmetic products in the form of creams and oil-based skin lotions which are further used as a moisturizer, stabilizer, and emulsifier. There are multiple uses of lanolin in cosmetic products is a significant factor contributing to the market’s growth. Furthermore, demand for clean label and cruelty-free ingredients and the use of lanolin in pharmaceutical and healthcare products, such as in eye ointment, ointment bases, burns dressing, nasal ointment, and wound sprays are driving the market’s growth.
Data Bridge Market Research analyses that the lanolin market which was USD 13,085.23 thousand in 2022, is expected to reach USD 17,498.93 thousand by 2030, growing at a CAGR of 3.7% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
North America Lanolin Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Hydrous and Anhydrous), Composition (Natural Composition, Chemical Composition), Product (Fatty Acid, Alcohols and Others), Derivative (Lanolin Alcohol Cholesterin, Acetylated Lanolin, Ethoxylated Lanolin, Isopropyl Lanolate, Lanolin Wax, Laneth, Lanogene, Lanosterols, Quaternium 33, Peg-75, Lanolin Fatty Acid, Technical Wool Grease, Crude Wool Grease, Lanolin Oil and Others), Application (Personal Care and Cosmetics, Baby Care Products, Pharmaceuticals, Industrial, Animal Care, Paints and Paper, Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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Croda International Plc (U.K.), Nippon Fine Chemical (Japan), Zhe jiang Garden Biochemical Co., Ltd (China), The Lubrizol Corporation (U.S.), Lanotec (Thailand), FENCHEM (China), Wellman Advanced Materials (U.S.), La Empresa (India), TALLOW PRODUCTS PTY LTD (Australia), Barentz (Netherlands), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), Spectrum Chemical (U.S.), Global Seven (U.S.), Nanjing Duoyuan Biochemistry Co., Ltd. (China), Charkit Chemical Company LLC. (U.S.), Zhonglan Industry Co., Ltd. (China), Sancai Indsutry Co., Ltd. (China)
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Market Opportunities
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Market Definition
Lanolin is a yellow wax that is secreted by the sebaceous glands of sheep for keeping their wool soft. Lanolin is very useful as it softens dry spots by the formation of a layer on the skin. Lanolin is helpful in eczema, burns, scrapes, baby diaper rashes, cracked skin, and dry nipples. Lanolin has various beneficial properties due to which it is used in the production of creams, ointments, moisturizers, lipsticks, concealer eyeliners, eye creams, hair removal creams, hair conditioners, and other products.
North America Lanolin Market Dynamics
Drivers
- Increasing use in cosmetics & personal care
Lanolin is majorly used in cosmetics and personal care products. Lanolin is utilized as an emulsifier, emollient, moisturizer, and stabilizer in personal care and cosmetics products. It is used in the manufacturing of lip care products like lip balms and lipsticks to cure dry lips. The growing disposable income globally is increasing the demand for cosmetics and personal care sector which is driving the market’s growth.
- The growing use of lanolin as a lubricant
The use of lanolin in the form of lubricant is increasing globally, several sectors are opting for lanolin as a prominent lubricant. There is rising awareness about the depletion of natural resources, majorly mineral oil. Therefore, consumers are preferring bio-based lubricants over mineral oil-based lubricants which is fuelling the demand for lanolin. Therefore, the growing use of lanolin as a lubricant is driving the market’s growth.
Opportunities
- Increasing use in the pharmaceutical & healthcare sector
The pharmaceutical & healthcare sector is widely using lanolin for various applications. Lanolin is widely used in the form of creams, gels, lotions, eye ointments, nasal ointments, nipple care ointments, and plaster. The rapidly growing population is suffering from several diseases, allergies, and several skin problems. The increase in diseases is further increasing the use of creams, ointments, and lotions which is contributing to the market’s growth.
- Increasing demand for animal care products
There is an increasing demand for animal care products in the North American region. The thick lanolin-based creams, moisturizers, ointment shampoos, and others are very helpful as they soothe irritated skin, prevent drying, and cracking and act as a strong barrier against insects, and moisture in the animals. Animal care products majorly use lanolin, thus increasing demand for animal care products is contributing to the market’s growth.
Restraints/Challenges
- Availability of substitute of lanolin
There are a number of substitutes available for lanolin. Hydrogenated castor oil, soft butter added in the heated oil phase, and cold blend into anhydrous products are the other alternatives present in the market. All these available alternatives are less expensive in comparison to lanolin and possess the same properties as lanolin. Along with this Aquaphor and Vaseline are the alternatives which are easily available. Therefore, the availability of a number of substitutes is hindering the market’s growth.
- Side effects of Lanolin
There are a number of side effects of lanolin. Skin burning, stinging, redness, and irritation are the side effects faced by consumers of lanolin and its products. Along with this unusual changes in the skin such as skin turning white, soft, and soggy and further leading to extreme wetness are other side effects of lanolin. In addition, lanolin can cause severe skin infections which is a major restraint hindering the market’s growth.
This lanolin market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the lanolin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
North America Lanolin Market Scope
The lanolin market is segmented on the basis type, composition, product, derivative and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hydrous
- Anhydrous
Composition
- Natural Composition
- Chemical Composition
Product
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Fatty Acid
- Aliphatic
- Alpha Hydroxy
- Omega Hydroxy
- Unsaturated
- Others
- Alcohols
- Cholesterol
- Lanosterols
- Aliphatic, 1,2 Diols
- Others
- Others
Derivative
- Lanolin Alcohol
- Liquid Absorption Base (LAB)
- Others
- Cosmetic Grade Lanolin Alcohol
- Acetylated Lanolin Alcohol
- Cholesterin
- Feed Grade
- Cosmetic and Pharmaceutical Grade
- Acetylated Lanolin
- Ethoxylated Lanolin
- Isopropyl Lanolate
- Lanolin Wax
- Laneth
- Lanogene
- Lanosterols
- Quaternium 33
- Peg-75
- Lanolin Fatty Acid
- Technical Wool Grease
- Crude Wool Grease
- Lanolin Oil
- Others
Application
- Pharmaceutical
- Healing Ointment
- Wound Care Product
- Rashes Ointment
- Eye Ointment
- Nasal Ointment
- Nipple Care Ointments
- Plaster
- Others
- Baby Products
- Cosmetics and Personal care
- Cream
- Lotions
- Moisturizers
- Lipstick
- Lip Balm
- Sunscreen
- Soap
- Body Wash
- Shampoo
- Conditioner
- Others
- Industrial
- Wax and Polish
- Metal Lubricants
- Cooling Fluids
- Sealants
- Wire Insulation
- Corrosion Inhibitors
- Others
- Animal Care
- Paints and Paper
- Others
North America Lanolin Market Regional Analysis/Insights
The lanolin market is analysed and market size insights and trends are provided by type, composition, product, derivative and application as referenced above.
The countries covered in the lanolin market report are U.S., Canada and Mexico in North America.
U.S. dominates the lanolin market in the North America region due to increasing demand of bio based products in the cosmetic industry. The increasing use of lanolin in various application U.S. is further fuelling the market’s growth. In addition the high acceptance of skin care and cosmetics products in the region are driving the market’s growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Lanolin Market Share Analysis
The lanolin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lanolin market.
Some of the major players operating in the lanolin market are:
- Croda International Plc (U.K.)
- Nippon Fine Chemical (Japan)
- Zhe jiang Garden Biochemical Co., Ltd (China)
- The Lubrizol Corporation (U.S.)
- Lanotec (Thailand)
- FENCHEM (China)
- Wellman Advanced Materials (U.S.)
- La Empresa (India)
- TALLOW PRODUCTS PTY LTD (Australia)
- Barentz (Netherlands)
- Gustav Heess Oleochemische Erzeugnisse GmbH (Germany)
- Spectrum Chemical (U.S.)
- Global Seven (U.S.)
- Nanjing Duoyuan Biochemistry Co., Ltd. (China)
- Charkit Chemical Company LLC. (U.S.)
- Zhonglan Industry Co., Ltd. (China)
- Sancai Indsutry Co., Ltd. (China)
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