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The Squalene Market Size was valued at USD 151.2 Million in 2023 and is expected to reach USD 328.1 Million by 2032, growing at a CAGR of 9.0% over the forecast period of 2024-2032.
The Squalene Market report provides a comprehensive overview of the market along with insights on consumer behavior that affects demand across sectors and supply chain insights that present sourcing challenges. The report measures price evolution, sustainability efforts favoring plant-based substitutes, and the regulatory environment shaping the market context. Investment trends and global sourcing and trade flows are also compared, while key factors and their impact on market dynamics are discussed in detail across a set of chapters.
Drivers
Rising Awareness of Health Benefits Drives Squalene’s Use in Nutraceuticals and Pharmaceuticals
The increased awareness of Squalene's health benefits has played a vital role in the growth of this compound in pharma and nutraceuticals. Squalene is a natural source of antioxidant, anti-inflammatory, and immune-boosting properties, and the use of squalene in dietary supplements and functional foods for general health and well-being is becoming more common. Moreover, due to its role in the suppression of chronic diseases, including cancer and heart diseases, it has evolved into pharmaceutical formulations. The increasing aging demography and the increasing focus on preventive healthcare also foster the growth of the market. Squalene is patented in Adjuvants in the vaccine industry as well which improves its immune-stimulating properties. The demand for squalene is anticipated to surge owing to the growing incorporation of the compound in health-oriented products as consumers are shifting towards natural and holistic approaches to health solutions.
Restraints
High Cost of Squalene Extraction Limits Market Penetration and Accessibility
Squalene extraction from natural sources (olive oil and shark liver oil) is expensive, thus still is still an important restraint for the market. The methods of squalene extraction, such as the elaborate procedures of harvesting it from deep-sea sharks, are costly and resource-heavy. Although there are plant-based Squalene alternatives on the market, Squalene from plants has a higher production cost than Squalene from synthetic routes. Squalene's high production cost restricts large-scale use of Squalene in cost-sensitive industries (food & beverages) and can act as a barrier to new entrants in the Global Squalene market. Furthermore, the cost of sourcing requirements for sustainability and compliance with environmental policies increases the cost load. This, in turn, can decrease the accessibility of Squalene-based products among consumers, restricting market growth potential in developing regions due to the high price sensitivity of the target audience.
Opportunities
Growth of Clean Beauty and Natural Ingredient Trends Opens New Market Segments for Squalene
Clean beauty is a growing trend and will create huge opportunities for Squalene producers as customers prefer more natural ingredients in cosmetic applications. Driving this evolution is the rise of consumer awareness of the harmful chemicals found in mainstream beauty products, alongside the rapid transition towards cleaner, sustainable & natural ingredient formulations. These trends are reflected perfectly with squalene, being the center for skin-moist and anti-aging benefits. Squalene – the new parent of the clean beauty movement with its frankness, simplicity, and environmentally friendly ketones which has created beams for skincare products across the globe. Increasing attention to natural ingredients creates a significant opportunity for Squalene manufacturers to tap into the clean beauty segment and enhance their share of sales in the global cosmetics and personal care industry.
Challenge
Sustainability and Environmental Impact Concerns Pose a Challenge to Market Growth
The Sustainable sourcing of raw materials, especially from marine animals makes Squalene market difficult to stand with the market trend. While the plant-based alternatives sector will continue to expand, the industry will be challenged by overfishing, ecosystem degradation, and animal welfare issues. Unfortunately, sourcing Squalene from sharks and other marine animals comes at an incredibly high environmental cost, forcing many countries to impose strict regulations enabling further backlash from the public and prompting the beauty industry to turn towards more sustainable sourcing methods. Even though plant-based and synthetic Squalene are considered greener alternatives, bottlenecks in the availability of these methods make scaling a problem in addressing the increasing demand. It is a market-level challenge to balance consumer demand for sustainable products with the need to source raw materials from the environment.
By Source
In 2023, the Plant-derived segment dominated the squalene market and accounted for nearly 45% of the market share. As consumer preference towards sustainable and eco-friendly products increases worldwide, plant-based Squalene is gaining traction in both health and wellness trends. Various organizations like the Environmental Working Group (EWG) and the International Natural and Organic Cosmetics Association (NOC) have and will always advocate for companies to ethically source natural ingredients. With the rise in popularity for more natural cosmetics comes the demand for a plant-based alternative for Squalene, that is ethically and sustainably plant-sourced, such as from olives and sugarcane, as concerns over overfishing continue to grow and consciousness evolve beyond just consumerism. Government regulations further drive the growth of the segment to protect endangered marine species and the choice of the plant segment as the preferred cheap organic substitute for a sustainable product solution among manufacturers.
By End-Use Industry
The personal care and cosmetics segment dominated the Squalene market in 2023 with a market share of nearly 50%. The notable demand for Squalene in skin care formulations should be ascribed to its excellent properties such as emollient and skin moisture enhancer properties. According to reports from organizations such as the Personal Care Products Council, growing consumer demand for clean beauty products has been driving brands in the category to use more natural ingredients such as Squalene. Notable cosmetic brands such as L’Oréal and Estée Lauder have used Squalene more as it works for almost every skin type and has high sustainability credentials. The emphasis on cleanliness and the rise of chemical chemical-free product category have made Squalene an on-trend ingredient in personal care, further cementing its position in the marketplace.
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Europe holds the largest market share in the Squalene Market as of 2023, amounting to a 38% market share owing to enormous demand for natural and sustainable products in personal care, pharmaceuticals, and nutraceuticals. Support from the European Chemicals Agency (ECHA) and European Food Safety Authority (EFSA) in favor of strict regulations preferentially favoring plant-based and synthetic alternatives to animal-derived sources have resulted in European leadership in the region. Europe, with France at the forefront due to the presence of the huge cosmetic industry in the country where brands like L'Oréal and Chanel are injecting bio-based Squalene into skin care products led the market among the countries. In 2023, French cosmetic exports surpassed €18 billion in worth, further supporting its consumer status for Squalene. Also, Germany is a key country owing to the presence of a well-established pharmaceutical sector in which companies like BASF and Merck & Co., Inc. have adopted Squalene in vaccines and drug formulations. An important input also came from Italy, with its long tradition in the production of olive oil, a main plant-based source of Squalene. Europe remained the global Squalene market leader due to the European Union's emphasis on a larger replacement of shark-derived Squalene as well as substantial investments in sustainable alternatives.
Moreover, the Asia-Pacific region emerged as the fastest-growing market with a CAGR of about 8.5% during the forecast period, primarily due to increasing consumer awareness related to skincare, health supplements, and the advantages of Squalene in pharmaceuticals. That growth would not have been possible without the likes of China, Japan, and South Korea. Fueled by the cosmeceuticals industry and the ongoing trend for investment in bio-chemical companies manufacturing plant Squalene, the expansion of the region was headed by China. Japan has a beauty and personal care market above $76 billion in 2023, incorporating Squalene into skincare products from such notable names as Shiseido, Proya, and several others. Japanese consumers tended to embrace Squalene-based formulations with a high demand for anti-aging and hydrating solutions, including from Shu Uemura and KOSÉ Corporation. Apart from K-beauty, which is an internationally recognized booming market, the demand for bio-based Squalene from serums and moisturizers in South Korea was also owing to the country's attention as a beautiful skincare solution. Furthermore, the regional uptake was fuelled by government initiatives pushing for sustainable sourcing in India and Southeast Asia. With an increase in the number of the middle-class population and rising investments in the research & development of biotechnology-based production of Squalene, Asia-Pacific will emerge as the fastest-growing region for Squalene.
Recent Highlights
October 2024: Evonik receives the CPHI Pharma Award for its PhytoSquene, the first GMP-compliant plant-based squalene for parenteral drug delivery, derived from amaranth oil. It was awarded during the CPHI trade show in Milan.
May 2023: Amyris has completed a licensing agreement for sustainable squalene supply, giving it a renewable alternative to its traditional sources while strengthening its stance on eco-friendly biotechnology solutions.
Amyris Inc. (Squalane, Biofene)
Asahi Kasei Corporation (Squalane, Olive Squalane)
Carotech Bhd (CaroSqualane, CaroSerene)
China National Petroleum Corporation (Squalene, Hydrogenated Squalene)
EFP (European Fine Chemicals) (Squalane, Plant-based Squalane)
Hunan NutraMax Inc. (Squalene, Natural Squalene)
Kobe Steel, Ltd. (Squalane, Squalene)
Kraton Polymers (Squalane, Kraton Polymers Squalane)
Merck & Co., Inc. (Squalene, Natural Squalene)
Nucelis (Bio-squalene, Squalene-based products)
Olvea (Olvea Squalane, Olive-derived Squalane)
Seppic (Emogreen L15, Squalane)
Shanxi Tianli Bio-Pharmaceutical Co., Ltd. (Squalene, Fish oil-based Squalene)
Sigma-Aldrich Co. LLC (Squalene, Synthetic Squalene)
Sophim (Sophim Squalane, Olive-derived Squalane)
Squalene International (Squalene, Fish-derived Squalene)
TCI Chemicals (India) Pvt. Ltd. (Squalene, Squalane)
The Dow Chemical Company (Squalene, Dow Squalane)
Tokyo Chemical Industry Co., Ltd. (Squalene, Synthetic Squalene)
Vance Group (Squalane, Natural Squalane)
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 151.2 Million |
| Market Size by 2032 | USD 328.1 Million |
| CAGR | CAGR of 9.0% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Source (Animal, Plant, Synthetic) •By End-use Industry (Pharmaceuticals, Personal Care & Cosmetics, Nutraceuticals, Food & Beverages, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Amyris Inc., Merck & Co., Inc., Olvea, Seppic, Squalene International, Sophim, Nucelis, The Dow Chemical Company, Kraton Polymers, Kobe Steel, Ltd. and other key players |
Ans: The Asia-Pacific region is the fastest-growing, with an estimated CAGR of 8.5% during the forecast period.
Ans: France led the European Squalene Market, supported by its strong cosmetic industry with brands like L'Oréal and Chanel.
Ans: The personal care and cosmetics segment dominated with approximately 50% market share.
Ans: The Squalene Market is expected to grow at a CAGR of 9.0% during the forecast period.
Ans: The Squalene Market was valued at USD 151.2 million in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Supply Chain Insights
5.2 Pricing Trends
5.3 Sustainability Initiatives
5.4 Regulatory Landscape
5.5 Investment Trends
5.6 Global Sourcing and Trade Flows
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Squalene Market Segmentation, by Source
7.1 Chapter Overview
7.2 Animal
7.2.1 Animal Market Trends Analysis (2020-2032)
7.2.2 Animal Market Size Estimates and Forecasts to 2032 (USD Million)
7.3 Plant
7.3.1 Plant Market Trends Analysis (2020-2032)
7.3.2 Plant Market Size Estimates and Forecasts to 2032 (USD Million)
7.4 Synthetic
7.4.1 Synthetic Market Trends Analysis (2020-2032)
7.4.2 Synthetic Market Size Estimates and Forecasts to 2032 (USD Million)
8. Squalene Market Segmentation, by End-use Industry
8.1 Chapter Overview
8.2 Pharmaceuticals
8.2.1 Pharmaceuticals Market Trends Analysis (2020-2032)
8.2.2 Pharmaceuticals Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Personal Care & Cosmetics
8.3.1 Personal Care & Cosmetics Market Trends Analysis (2020-2032)
8.3.2 Personal Care & Cosmetics Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 Nutraceuticals
8.4.1 Nutraceuticals Market Trends Analysis (2020-2032)
8.4.2 Nutraceuticals Market Size Estimates and Forecasts to 2032 (USD Million)
8.5 Food & Beverages
8.5.1 Food & Beverages Market Trends Analysis (2020-2032)
8.5.2 Food & Beverages Market Size Estimates and Forecasts to 2032 (USD Million)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.2.3 North America Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.2.4 North America Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.2.5 USA
9.2.5.1 USA Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.2.5.2 USA Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.2.6 Canada
9.2.6.1 Canada Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.2.6.2 Canada Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.2.7 Mexico
9.2.7.1 Mexico Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.2.7.2 Mexico Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.3.1.3 Eastern Europe Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.1.4 Eastern Europe Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.1.5 Poland
9.3.1.5.1 Poland Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.1.5.2 Poland Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.1.6 Romania
9.3.1.6.1 Romania Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.1.6.2 Romania Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.1.7.2 Hungary Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.1.8.2 Turkey Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.1.9.2 Rest of Eastern Europe Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.3.2.3 Western Europe Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.4 Western Europe Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.5 Germany
9.3.2.5.1 Germany Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.5.2 Germany Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.6 France
9.3.2.6.1 France Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.6.2 France Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.7 UK
9.3.2.7.1 UK Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.7.2 UK Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.8 Italy
9.3.2.8.1 Italy Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.8.2 Italy Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.9 Spain
9.3.2.9.1 Spain Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.9.2 Spain Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.10.2 Netherlands Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.11.2 Switzerland Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.12 Austria
9.3.2.12.1 Austria Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.12.2 Austria Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.3.2.13.2 Rest of Western Europe Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.4.3 Asia Pacific Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.4 Asia Pacific Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.5 China
9.4.5.1 China Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.5.2 China Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.6 India
9.4.5.1 India Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.5.2 India Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.5 Japan
9.4.5.1 Japan Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.5.2 Japan Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.6 South Korea
9.4.6.1 South Korea Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.6.2 South Korea Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.7 Vietnam
9.4.7.1 Vietnam Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.2.7.2 Vietnam Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.8 Singapore
9.4.8.1 Singapore Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.8.2 Singapore Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.9 Australia
9.4.9.1 Australia Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.9.2 Australia Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.4.10.2 Rest of Asia Pacific Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.5.1.3 Middle East Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.1.4 Middle East Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.1.5 UAE
9.5.1.5.1 UAE Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.1.5.2 UAE Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.1.6.2 Egypt Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.1.7.2 Saudi Arabia Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.1.8.2 Qatar Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.1.9.2 Rest of Middle East Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.5.2.3 Africa Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.2.4 Africa Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.2.5.2 South Africa Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.2.6.2 Nigeria Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.5.2.7.2 Rest of Africa Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Squalene Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.6.3 Latin America Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.6.4 Latin America Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.6.5 Brazil
9.6.5.1 Brazil Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.6.5.2 Brazil Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.6.6 Argentina
9.6.6.1 Argentina Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.6.6.2 Argentina Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.6.7 Colombia
9.6.7.1 Colombia Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.6.7.2 Colombia Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Squalene Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
9.6.8.2 Rest of Latin America Squalene Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Million)
10. Company Profiles
10.1 Amyris Inc.
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Merck & Co., Inc.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Olvea
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Seppic
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Squalene International
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Sophim
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Nucelis
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 The Dow Chemical Company
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Kraton Polymers
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Kobe Steel, Ltd.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Source
Animal
Plant
Synthetic
By End-use Industry
Pharmaceuticals
Personal Care & Cosmetics
Nutraceuticals
Food & Beverages
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
The Glycerol Derivatives Market Size was USD 16.0 Billion in 2023 and is expected to reach USD 28.4 Bn by 2032 and grow at a CAGR of 6.6% by 2024-2032.
The Lubricant Additives Market size was valued at USD 17.58 Billion in 2023 & will grow to USD 25.01 Billion by 2032 and grow at a CAGR of 4% by 2024-2032.
The Bonding Sheet Market Size was valued at USD 406.33 Million in 2023 and is expected tot reach at USD 777.60 Million by 2032, and grow at a CAGR of 7.48% over the forecast period 2024-2032.
Bromobenzene Market Size was valued at USD 1,231.30 Million in 2023 and is expected to reach USD 1,853.90 Million by 2032, at a CAGR of 4.70% from 2024-2032.
The Potash Market Size was valued at USD 60.36 Billion in 2023 and is expected to reach USD 91.73 Billion by 2032, growing at a CAGR of 4.76% from 2024-2032.
Phenolic Resin Market Size was valued at USD 14.5 billion in 2023 and is expected to reach USD 22.5 billion by 2032, growing at a CAGR of 5.0% from 2024-2032.
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