REPORT DESCRIPTION
A new research report by Transparency Market Research offers a comprehensive evaluation of the global Wool Wax Alcohol Market . The study , titled “ Wool Wax Alcohol Market - Global Industry Analysis , Size , Share , Growth , Trends and Forecast 2016 - 2024 ”, is available for sale on the firm ’ s website .
Wool Wax Alcohol Market : Overview
Wool wax is a form of wax secreted by the sebaceous glands of animals , which bear wool such as sheep . Wool wax is also known as lanolin or wool grease . Wool wax alcohol is obtained upon the hydrolysis of wool wax . Wool wax alcohol is used as surface active agent primarily in cosmetic and personal care products . Among cosmetic products , it is widely used in nourishing and skin smoothening creams .
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Wool wax has been known as an excellent emollient since ancient times . Initially , wool washings were poured from a height , which led to the formation of froth of wool wax . This would then be skimmed out easily . Later , the technique of acid cracking was adopted . The technique would destabilize and separate the wax into a sludge form so that it could be easily filtered out . Eventually , the technique of centrifugal separation was put into practice and is being followed since then . The composition of wool wax alcohol is triterpene alcohols and sterols such as agnosterol , lanosterol , cholesterol , and some of their derivatives .
Wool Wax Alcohol Market : Trends
The perpetual rise in demand for wool wax alcohol in cosmetic products is expected to drive the market in the near future . Wool wax is derived from the sebaceous glands of animals ; thus , it is physiologically much similar and compatible with the human skin . Wool wax alcohol is used as an emulsifier in hair and face bleaching agents since its activity remains stable across a wide range of pH . Of late , wool wax alcohol has been employed in pharmaceuticals and industrial products . Demand for wool wax alcohol is expected to rise in the near future . This is anticipated to be a major factor driving the wool wax alcohol market . However , certain cases of wool wax alcohol allergies have been noted . This could potentially hamper the growth of the market . The prices of raw materials used in the manufacture of wool wax alcohol have been fluctuating . This is estimated to adversely affect the market . Furthermore , the United States ’ Food and Drug Administration ’ s regulations over the use of wool wax alcohol in cosmetics and drugs has been a rising concern among the manufacturers of wool wax alcohol . Developments and advancements in the formulations of wool wax alcohol for better customer acceptability are projected to offer immense growth opportunities for market players .