Isoparaffins are primarily used as solvents in the cosmetic industry. It is also used as skin conditioning agents and viscosity decreasing agents. The global cosmetic isoparaffins market is projected to surpass US$ 95.1 million by the end of 2027 in terms of value, exhibiting a CAGR of 4.7% during the forecast period (2020 to 2027).
Market Trends
Manufacturers are offering innovative products to gain competitive advantage in the global cosmetic isoparaffins market. For instance, Royal Dutch Shell PLC offers Shell GTL solvents using gas-to-liquid technology with low aromatics content and odor, and enhance various properties in cosmetic formulations. Shell GTL solvents such as GS190 (C10-13 Isoparaffin), GS215 (C12-15 Isoparaffin), GS250 (C14-16 Isoparaffin), GS270 (C15-19 Isoparaffin), and GS310 (C18-24 Isoparaffin) can be used as solvent in eyeshadow, eye liner, mascara, foundation, skin care products, and hair care products.
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