Europe Cetyl Stearyl Alcohol Market

Europe Cetyl Stearyl Alcohol Market Analysis 2022 - 2027:

The Europe Cetyl Stearyl Alcohol Market was estimated at USD XX million in 2019 and is expected to reach over USD XX million by the end of the assessment period, experiencing stable growth throughout the calculated period (2022 - 2027). Cetyl stearyl alcohol is a mixture of fatty alcohol with the two main components, such as cetyl alcohol and stearyl alcohol. Cetyl stearyl alcohol has found its use in many applications, as the key ingredient in the cosmetic, pharmaceutical, chemical and materials industries, etc. The scope of practical applications of this alcohol is deemed to raise its demand from various industries over the forecast period. Cetyl Stearyl Alcohol can be used as thickener, foam stabilizer, an emollient and even foam inspiring agent in skin care products, hair lotions, soaps, etc. Cetyl stearyl alcohol is derived from natural and synthetic sources and has been used in the cosmetic and personal care industries, the pharmaceutical industry and the chemical industry. The growth of the personal care industry is supposed to fuel the market boom for cetyl stearyl alcohol in Europe.

Recent Developments 

In November 2018, Anna Pro expanded its range of animal nutrition and care products with the acquisition of Response Products, manufacturers of Cetyl hip and joint products. The acquisition was done in the month of September. The Cetyl M brand has a wide range of social media and has been marketed primarily online and by a team of professional racers, coaches and rodeo competitors. Cetyl M has an interesting list of horse and dog owners.

Market Drivers and Restraints:

Cetyl Stearyl Alcohol plays an essential role in the cosmetic industry. They function as an emulsifying, emollient, thickening, and transporting agent for other constituents contained in a cosmetic solution. The consumption by the skin and hair care industry is expected to stimulate the market for cetyl stearyl alcohol in Europe. Additionally, the booming healthcare industry across the area will have a positive impact on the European cetyl stearyl alcohol market. Increased spending on skin creams and lotions is likely to expand the beauty and personal care industry, which is suppoed to increase demand for cetyl stearyl alcohol. The overall consumption rate of hair products has increased mainly due to the hair related products discussed by most of the consumers, such as dandruff, hair loss, baldness etc. agent in the production of soaps, in particular those based on vegetable oil. The growing demand for beauty and personal care products due to increased disposable incomes in emerging economies around the EU is likely to be a major stimulus for the global ketostearyl alcohol market. These critical factors mentioned above will help drive market demand for Cetyl Stearyl Alcohol, especially in the cosmetic industries.

However, high volatility in raw material prices for vegetable oil is expected to impede the growth of the European market and present challenges for industry participants over the forecast period. The growing growth of the chemical industries creates a demand for cetyl stearyl alcohol in this area. Producers of cetyl stearyl alcohol are reliable in developments in the cosmetics and toiletries industry for the growth of the cetyl stearyl alcohol business.

Market Segmentation

The European Cetyl Stearyl Alcohol market is categorized based on grade type, end-user, and region.

Based on the grade type, the industrial grade alcohol is estimated to represent a significant market share over the forecast period due to its wide range of applications in many industries, particularly cosmetics.

In addition, among end-user segments, the cosmetic industry is supposed to experience rapid market growth during the forecast period, attributable to the phenomenal increase in sales of cosmetic products such as shampoos and skin creams. , lotions, etc.

Regional Analysis

The market for Europe Cetyl Stearyl Alcohol has been classified on the basis of geography to have an in-depth understanding of the local market. The Europe Cetyl Stearyl Alcohol Market has been divided into United Kingdom, Germany, France, Italy, Spain and the rest of Europe.

Germany, France, the United Kingdom and Italy are the European hot spots for most of the growth achieved in the cosmetics industry. Europe is followed by North America and Asia-Pacific is touted to grow at a higher rate in the foreseeable future due to an increase in the rate of consumption of various cosmetic products.

Leading Company

BASF SE had the largest share of the Cetyl Stearyl Alcohol market in terms of sales revenue in 2019 in this area.

Key Players

Some of the main players in the Europe Cetyl Stearyl Alcohol Market are BASF SE, The Prakash Chemicals Pvt Ltd, Acme-Hardesty Company, Texas Natural Supply, P&G Chemicals, and Kao Chemicals, S.L., among others.