The “Cetyl Stearyl Alcohol Market“ Report provides comprehensive information on the top of market owners, their annual transactions, the stability of their actions and the strategies used to attract the activity. Cetyl Stearyl Alcohol Market report also highlights some of the rules and regulations that have been established by the governing bodies of some countries that can stimulate and restrict commercial activities in certain parts of the world. The information includes the company profile, annual turnover, the types of products and services they provide, income generation, which provide direction to businesses to take important steps.
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Cetyl Stearyl Alcohol Market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market for cetyl stearyl alcohol is expected to attain a CAGR of 3.6% during the forecast period (2018â2023) owing to the growing utilization of fatty alcohols in cosmetics and personal care industries. Cetyl stearyl alcohol or cetostearyl alcohol or cetearyl alcohol is simply a combination of cetyl and stearyl alcohols, which is a major class of fatty alcohols (alcohol that is derived from fat).
Hair Care Industry â Prime Growth Driver
Personal care products, and in particular hair care products are thriving owing to the ever-increasing demand from both matured and emerging markets globally in the backdrop of hair-related issued faced by most consumers, such as dandruff, hair fall, baldness, etc. This trend is set to drive the market for cetyl stearyl alcohol that is invariably incorporated in moisturizers, hair conditioners, and even in food products as an additive due to its anti-microbial properties.
Cetyl stearyl alcohol acts as an emulsifier binding oil and water phase together. It provides creamier texture to hair care products thereby making its application hassle-free. In the absence of cetyl stearyl alcohol, these products will have non-uniform texture. The wide application that cetyl stearyl alcohol exhibits in the cosmetics industry is also driving the market. It is added to lotions and skin creams as a thickening agent. It also imparts an emollient feel to the skin.
Risk of Allergens Impeding the Market Growth
The allergens and irritants present in cetyl stearyl alcohol are known to cause acute contact dermatitis (a type of inflammation of the skin). Moreover, since the cetyl stearyl alcohol is chemically non-ionic in character, it does not get charged when mixed with water, and thus the rinsing/cleaning remains ineffective. These are two major restraints of the market.
Waxy Solid Form of Cetyl Stearyl Alcohol Leads the Growth
The market for cetyl stearyl alcohol is segmented based on form, functionality applications, and geography. Based on the form, the cetyl stearyl alcohol market is segmented into the liquid and waxy solids. The waxy/solid form finds extensive application, particularly in the cosmetics industry, and is thus projected to attain higher growth rate comparatively.
Based on the application, the market is further segmented into surfactant, emulsion stabilizer, and opacifying agent. Due to its wide usage in the cosmetics industry, particularly for its skin-softening traits, the emulsion stabilizer sub-segment is expected to attain higher shares as compared to other functionalities.
The application spectrum of cetyl stearyl alcohol is majorly categorized into food & beverage, cosmetics & personal care, and pharmaceutical. The cosmetics & personal care industry is projected to lead the application areas, since cetearyl alcohol is extensively used in the production of hair care and personal care products.
Europe is leading the cetyl stearyl alcohol market owing to the rapid and robust growth observed in the sales of cosmetic products over the last five years. Germany, France, United Kingdom, and Italy are the European hotspots for the major chunk of the growth achieved in the cosmetics industry. Europe is followed by North America and Asia-Pacific; these two regions are projected to grow at higher rates in the foreseeable future due to a rise in the consumption rate of various cosmetic products.
The major players include – INTERTEK, AVOMEEN ANALYTICAL SERVICES., POLYMER SOLUTIONS, ALS GLOBAL, SGS, FERA SCIENCE, BUREAU VERITAS SA, EUROFINS SCIENTIFIC SE., LABTHINK INTERNATIONAL., TÃV SÃD AG., TRULUX PTY LTD, P&G CHEMICALS, amongst others.
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Cetyl Stearyl Alcohol Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Cetyl Stearyl Alcohol Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Cetyl Stearyl Alcohol market on the basis of product type, application, and region
- To forecast and analyze the size of the Cetyl Stearyl Alcohol market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Cetyl Stearyl Alcohol market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Cetyl Stearyl Alcohol market
- To analyze opportunities in the Cetyl Stearyl Alcohol market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Cetyl Stearyl Alcohol market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Cetyl Stearyl Alcohol Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Cetyl Stearyl Alcohol trade
Marketing Channel Development Trend
Cetyl Stearyl Alcohol Market Positioning
Distributors/Traders List enclosed in Positioning Cetyl Stearyl Alcohol Market
Cetyl Stearyl Alcohol Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Cetyl Stearyl Alcohol Market 2019 report presents the descriptive analysis of the Cetyl Stearyl Alcohol Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Cetyl Stearyl Alcohol Market competitors.
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