Epoxy curing agent News Benefiting from the growth in demand for cosmetics, the market space for squalane has increased

Benefiting from the growth in demand for cosmetics, the market space for squalane has increased

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Benefiting from the growth in demand for cosmetics, the market space for squalane has increased

Squalene extracted from the liver of deep-sea sharks is easily oxidized. By hydrogenating it, a hydrocarbon oil, squalane, can be produced. Its functions are basically the same, and it has excellent stability and is easy to use. Squalane, also known as isotriacontane, is also known as deep-sea shark liver oil. It is non-toxic and odorless. It appears as a colorless, transparent and viscous oily liquid. It has the advantages of high chemical stability, excellent thermal stability, and wide PH adaptability. It can promote cell metabolism and is widely used in cosmetics, medicine and other fields.
Squalane has good affinity for human skin and is the lipid closest to human sebum. It is used in the field of cosmetics and has good permeability. It has the functions of moisturizing, moisturizing, antioxidant, delaying skin aging, etc., and is combined with mineral oil, Other cosmetic raw materials have good compatibility and are high-end moisturizing ingredients in cosmetics. Squalene exists in the human body itself. It not only exists in sebum, but also participates in biosynthesis, biological oxidation, metabolism and other processes in the body to improve human quality. Therefore, squalane can be used in the fields of medicine and health care products.
According to the “2021-2025 Squalane Industry In-Depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center, in Under the appearance economy, global demand for cosmetics is growing rapidly, and consumers are increasingly paying attention to cosmetic ingredients, driving global sales of squalane to continue to rise. From 2015 to 2019, the average annual compound growth rate of global squalane sales was 9.5%, and sales in 2019 reached more than 6,500 tons. It is expected that the global squalane market will grow at an average annual compound growth rate of 7.4% from 2020 to 2025, and the market size will grow to US$180 million by 2025.
According to different sources, squalane can be divided into three categories: shark squalane, plant squalane, and synthetic squalane. Squalane was first extracted from shark liver. Among them, deep-sea blue shark liver oil has the highest content. However, the production of squalane requires a large amount of shark liver oil, which will cause overfishing of sharks. Therefore, plant squalane has attracted attention. Plant squalane can be extracted from olives, wheat germ, rice bran, sugar cane and other plants, which is the main source of squalane in cosmetics. In addition, squalane can also be obtained through chemical synthesis at low cost.
Globally, the main squalane manufacturers include Japan’s Kishimoto, Japan’s Maruha Nichiro, Japan’s KURARAY, Japan’s NOF, the United States’ Amyris, and France’s Sofim. sophim), British Croda (CRODA), Swiss Clariant (Clariant), Swiss Ineos (Ineos), etc. Europe, the United States and Japan are paying more attention to the development and utilization of squalane, especially Japan’s large-scale development and utilization of squalane. Compared with this, the scale of my country’s squalane market is relatively small.
Industry analysts said that with the rise of the beauty economy and the increase in national disposable income, my country’s cosmetics market continues to grow rapidly, and with With the upgrading of consumption concepts, Chinese consumers are increasingly paying attention to cosmetic ingredients, and squalane has huge market potential. Compared with foreign countries, especially Japan, the development and utilization of squalane in my country is insufficient, and the market size is relatively small. There is still room for greater growth in demand for squalane in the future. Since Chinese consumers prefer cosmetics with natural ingredients, in comparison, , plant squalane has more development prospects.
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