North America Cetyl Stearyl Alcohol Market

North America Cetyl Stearyl Alcohol Market Size, Share, Growth (2022-2027)

The North America Cetyl Stearyl Alcohol Market was assessed to be USD xx million in 2022 and is foreseen to reach about USD xx million by 2027

Overview

The regional market is deemed to experience a moderate growth rate throughout the calculated period (2022 - 2027). Cetyl stearyl alcohol or Cetearyl alcohol is a waxy substance that is made from stearyl alcohol or cetyl alcohol or both. It finds application in end-user industries as an opacifying agent, a foam-enhancing surfactant, an emulsion stabilizer, non-aqueous and aqueous viscosity agent. The main application verticals of this cetyl steary alchol market are cosmetics, pharmaceutical, food, chemical and materials industries, etc

North America Cetyl Stearyl Alcohol Market Drivers and Restraints:

Personal care products, and particularly hair care products, are thriving due to increasing demand from mature and emerging markets around the world in the context of hair products launched by most of the consumers, like dandruff, hair loss, baldness, etc. This trend is expected to stimulate the market for cetyl stearyl alcohol which is invariably incorporated in humectants, hair conditioners and even in food products as an additive due to its antimicrobial properties. Cetyl stearyl alcohol acts as an emulsifier that binds the oil and water phase. It gives a creamier texture to hair care products, making its application smooth. In the absence of cetyl stearyl alcohol, these products will have a non-uniform texture. The wide application of cetyl stearyl alcohol in the cosmetic industry is also stimulating the market in general, this compound is extracted from fatty acids and is considered as a fatty alcohol with a melting point of around 60°C and a boiling point of 210°C, which can be created from the stearic acid in coconut oil. It enters the metabolic pathway for energy production and is used in lipid biosynthesis. High volatility in raw material prices for vegetables and oils is expected to hamper market growth and present challenges for industry participants during the calculated period. Price pressures and increased market competition prevent manufacturers from maintaining their profit margins. The allergens and irritants found in cetyl stearyl alcohol are known to cause acute contact dermatitis (a type of inflammation of the skin). Also, since cetyl stearyl alcohol is chemically non-ionic in nature, it does not charge when mixed with water and therefore rinsing remains ineffective, which are two main limitations of the business.

North America Cetyl Stearyl Alcohol Market Segmentation

on the basis of

• grade type

• end-user

• geography

Depending on the grade type, the regional market is bifurcated as industrial grade and pharmaceutical grade.

Based on the end-user

• personal care

• beauty care

Due to its wide use in the cosmetic industry, in particular for its skin-softening properties, both segments should reach higher proportions in the future. It is also widely used in the production of hair and personal care products.

North America Cetyl Stearyl Alcohol Market Regional Analysis

• USA

• Canada

The regional market is expected to experience healthy growth during the outlook period as the cosmetics, personal care and beauty industries expand worldwide. The United States is the major contributor to the North American market, followed by Canada and Mexico. North America is expected to post optimistic growth in the Cetyl Stearyl Alcohol market due to a higher rate of consumption of various cosmetic products in the locale.

North America Cetyl Stearyl Alcohol Market Key Players

1. BASF SE

2. The Prakash Chemicals Pvt Ltd

3. Acme-Hardesty Company

4. Texas Natural Supply

5. P&G Chemicals

6. Kao Chemicals