Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Lanolin Market Outlook

The global lanolin market attained a value of about USD 275.48 million in 2023. The market is further expected to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to reach USD 473.44 million by 2032.

Global Lanolin Market

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Robust Industrial Applications of Lanolin to Boost the Market Growth

The market growth of lanolin is being aided by its rising industrial use. Lanolin is a significant component for a broad range of industrial and technical applications, owing to which the demand for lanolin is surging. The rising demand from the shipping sector, where it is used to protect the vessels against the corrosion by seawater, is further propelling the market growth. In addition, the rising adoption of lanolin across industries due to being biodegradable and non-toxic, and thus, environment friendly, is, thereby, augmenting the market growth. As natural resources are being depleted, the biocompatible, biodegradable, and non-toxic properties make lanolin a viable alternative to mineral oil, which is further contributing to the market growth by propelling its adoption in downstream industries. Furthermore, the growing use of lanolin as a lubricating material for machinery and engineering parts and in metal processing like rolling grinding and pressing is bolstering the growth of the market. In addition, lanolin’s wide applicability in various other uses such as aircraft glues, conveyor belt wax, vulcanizing pastes, and special greases, among other uses, is further invigorating the market growth.

Lanolin: Market Segmentation

Lanolin refers to a waxy substance that is naturally produced by sheep and can be found in their wool. It keeps the sheep’s coat waterproof and refreshed. Raw wool is either treated with soap solutions or kneaded with water to extract lanolin for commercial use in cosmetics, pharmaceuticals, and industrial products.

Global Lanolin Market by Segment

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On the basis of applications, the market can be segmented into:

  • Personal Care and Cosmetics
  • Baby Care Products
  • Pharmaceuticals
  • Industrial
  • Others

Based on derivative, the market can be categorised into:

  • Lanolin Alcohol
  • Cholesterin
  • Isopropyl Lanolate
  • Laneth
  • Lanogene
  • Lanosterols
  • Quaternium 33
  • PEG-75
  • Lanolin Fatty Acid
  • Others

The EMR report looks into the regional markets of lanolin like North America, Europe, Latin America, the Asia Pacific and the Middle East and Africa.

Global Lanolin Market by Region

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Surging Demand for Lanolin Applications in Cosmetic Products to Invigorate the Market Growth

The market for lanolin is augmenting due to its rising usage in cosmetic products. Skincare products like creams and oil-based skin lotions have lanolin as a primary product, which is used as a moisturiser, stabiliser, emollient, and emulsifier. Meanwhile, in nail polish removers, lanolin is used to prevent the defatting of the surrounding skin, and in lipsticks and eye make-up, lanolin is deployed as a film modifier and crystal inhibitor, used for uniform dispersal of pigments. Thus, the multiple uses of lanolin in cosmetic products are surging its adoption across the cosmetics industry and further supporting the market growth. In addition, the robust demand for clean label and cruelty-free ingredients is further augmenting the market growth. Furthermore, the robust applications of lanolin and its derivatives as key ingredients in pharmaceutical and healthcare products, such as in ointment bases, burns dressing, and wound sprays is adding to the market growth.

Key Industry Players in the Global Lanolin Market

The report presents a detailed analysis of the following key players in the global lanolin market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.

  • Lubrizol Corporation
  • Imerial-Oel Import Handelsges mbH
  • Nippon Fine Chemicals Co. Ltd.
  • Lanotec Australia Pty Ltd
  • Croda International Plc
  • Rolex Lanolin Products Limited
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Derivative
  • Region
Breakup by Application
  • Personal Care and Cosmetics
  • Baby Care Products
  • Pharmaceuticals
  • Industrial
  • Others
Breakup by Derivative
  • Lanolin Alcohol
  • Cholesterin
  • Isopropyl Lanolate
  • Laneth
  • Lanogene
  • Lanosterols
  • Quaternium 33
  • PEG-75
  • Lanolin Fatty Acid
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Lubrizol Corporation
  • Imperial-Oel-Import Handelsges mbH
  • Nippon Fine Chemicals Co. Ltd.
  • Lanotec Australia Pty Ltd.
  • Croda International Plc
  • Rolex Lanolin Products Limited
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market attained a value of approximately USD 275.48 million in 2023.

The market is projected to grow at a CAGR of 6.2% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 473.44 million by 2032.  

The growing demand for lanolin for cosmetic and personal care products owing to its moisture retaining properties, and the rising demand for organic ingredients in various products are the major drivers of the market.

he rising demand for lanolin for industrial uses, such as in machinery and engineering parts as a lubricating material, and the growing preference for vegan diets are the key trends of the market. 

The major regional markets for lanolin are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The leading applications of lanolin in the market are personal care cosmetics, baby care products, pharmaceuticals, and industrial, among others.

The significant derivatives of lanolin are lanolin alcohol, cholesterin, isopropyl lanolate, laneth, lanogene, lanosterols, quaternium 33, PEG-75, and lanolin fatty acid, among others.

The key players in the global lanolin market are Lubrizol Corporation, Imerial Oel- Import Handelsges mbH, Nippon Fine Chemicals Co. Ltd, Lanotec Australia Pty Ltd, Croda International Plc, and Rolex Lanolin Products Limited, among others.

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