Global Squalene Market

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Date Submitted: 03/02/2016 04:41 AM

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REPORT DESCRIPTION

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...