Cetyl Stearyl Alcohol Market: Overview
Cetyl Stearyl Alcohol is a mixture of fatty alcohol along with the two major constituents such as cetyl alcohol and stearyl alcohol. Cetyl stearyl alcohol has found its use in numerous applications such as key ingredient in cosmetics, pharmaceutical, chemical and material industry etc. The wide range of practical applications of the cetyl stearyl alcohol is expected to increase the demand from different industries over the forecast period.
Cetyl stearyl alcohol can be used as emollient, thickener, foam stabilizer and even foam boosting agent in soaps, hair lotions, skin care products etc. Cetyl stearyl alcohol are derived from natural as well as synthetic sources.
Cetyl stearyl alcohol have been used for cosmetics and personal care industry, pharmaceutical sector and chemical industry. The rise in the personal care industry is likely to expand the market for cetyl stearyl alcohol.
Cetyl Stearyl Alcohol Market: Market Dynamics
The increasing demand for the personal care and skin care products eventually lead to the growing demand for the Cetyl Stearyl Alcohol in the near future. Cetyl Stearyl Alcohol acts as a surfactant in shampoos, thickening agent in the skin creams and widely used in as vital ingredient in the manufacturing of the soaps. Cetyl stearyl alcohol act as a prominent ingredient in the personal care industry.
The global consumption of the skin care and hair care industry is expected to drive the market for cetyl stearyl alcohol. Additionally, the booming healthcare industry across the globe will have a positive impact on the global cetyl stearyl alcohol market. The rising expenditure on the dermatological creams and lotions are likely to expand the personal care and beauty products industry which is expected to push the demand for cetyl stearyl alcohol.
The rising growth of chemical industries across the world creating demand for the cetyl stearyl alcohol. Manufacturers of cetyl stearyl alcohol are reliable on the developments of the cosmetics and toiletries industry for the growth of cetyl stearyl alcohol market.
Cetyl Stearyl Alcohol Market: Market Segmentation
The Cetyl Stearyl Alcohol market is segmented into different parts based on the grade type, end-user industries and geography. In the manufacturing of the cetyl stearyl alcohol, different grades can be used as industrial grade and pharmaceutical grade. Industrial grade is a commonly used grade type as an ingredient in the production of finish products. Personal care and beauty care product industry among end use industries are the prominent in the cetyl stearyl alcohol market.
Based on grade type, the Cetyl Stearyl Alcohol market is segmented into:
Based on end-user industry, the Cetyl Stearyl Alcohol market is segmented into:
Cetyl Stearyl Alcohol Market: Regional Outlook
Geographically, the cetyl stearyl alcohol market has been categorized into seven critical regions: North America, Latin America, Europe, CIS & Russia, Japan, the Asia Pacific excluding Japan, and the Middle East and Africa. The cetyl stearyl alcohol market is expected to register a healthy growth during the forecast period, as the cosmetics, personal care and beauty care industries are growing across the globe. The Asia Pacific excluding Japan represents a considerably high market share, and the market will grow at significantly high growth rate due to the rising population and changing life style to create opportunities for the personal care industry leading to an increasing demand for the cetyl stearyl alcohol. China and India’s developing market is expected to positively impact the growth of the cetyl stearyl alcohol market.
Moreover, North America and Europe are growing markets due to high per capita income and the consumers’ demand for personal care and beauty products. The cetyl stearyl alcohol market is steadily increasing with the rising demand for pharmaceutical, cosmetics and beauty care products across the region.
Cetyl Stearyl Alcohol Market: Key Players
Some of the major players in the cetyl stearyl alcohol market are The Vegetable Vitamin Foods Company, Texas Natural Supply, KLK OLEO, Acme-Hardesty Company, Kao Chemicals Europe. S.L., Trulux Pty Ltd and among others.