Transparency Market
Research Report Added "Squalene
Market". Squalene is a natural oily liquid hydrocarbon
found in plants and animals. Squalene is commonly found in large
quantities in shark liver oil, as the liver comprises almost
one-third weight of the fish. Conventionally, it was obtained only
from shark liver oil, though, now alternatively it is being obtained
from plant sources. Primarily, squalene is used in a wide variety of
cosmetics. In addition, it is used in health foods, vaccines and as a
high-grade machine lubricant.
One of the major
factors driving this market is its increased consumption in
cosmetics. There is a steady rise in the cosmetics industry in
developing countries such as China and India. Increasing disposable
income and influence of western lifestyle are two factors responsible
for the rapidly growing cosmetics industry in this region. In
addition, cosmetic manufacturers are introducing a wide range of
anti-ageing creams, which is further boosting the cosmetic market
among middle-aged women.
One of the primary
restraints for squalene market is the depleting population of sharks.
Deep-sharks contain more than 80% of squalene in their liver oil and
the liver accounts for almost one-third of the weight of sharks. They
are usually found between depths of 1,000 to 2,000 meters, which
makes it easy to hunt them. This has resulted in endangerment of some
of the species of sharks. Environmental agencies have been making
tremendous efforts in creating awareness among consumers about the
ill-effects on massive shark-hunting and in addition, trying to bring
a ban on shark-hunting.
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Manufacturers are
exploring the benefits of squalene in the field of medicines as
vaccines and ointments and this is expected to be a good future
market for the product. With the recent research activities, squalene
is gaining market in the fields of cosmeceuticals. In addition, with
the growing awareness of benefits of squalene in cosmetics, there is
a high demand of high-end products in the global market. There is a
growing opportunity for plant-derived squalene. Although, squalene is
not widely found in plants, there is a relatively high quantity of
squalene in plants such as olives.
Some of the leading
manufacturers of squalene include Sophim, Croda International Plc,
CarboMer, Inc., MacroCare Tech Ltd., Xi\'an Olin Biological
Technology Co., Ltd. and Sigma-Aldrich Corp. among others.
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