Global Stearyl Alcohol Market to Reach USD 11.12 billion by 2032, Aided by the Growing Demand for Cosmetic and Personal Care Products

Europe is expected to be one of the significant regions in the global market for stearyl alcohol over the forecast period. Owing to the stringent government regulations and general provisions specified by the Cosmetics Regulation of the European Union, there has been an increase in the demand for plant-based stearyl alcohol for use in personal care and cosmetic formulations. Within the Asia Pacific, emerging economies such as China and India are expected to witness a significant market growth owing to the increasing demand for skincare and haircare products. The growing population and rapid urbanisation are aiding the market growth in the Asia Pacific. Further, the region has abundant raw material availability benefits as Indonesia and Malaysia are the major palm oil producers.

P&G Chemicals, a division of Procter & Gamble Co (NYSE: PG), is one of the leading players in the market. The company specialises in the production and distribution of oleochemicals, with a line of products including alcohols and fatty alcohols. It produces raw materials essential for many commonly used consumer products like skincare and haircare. Further, the thriving retail sector and expansion of the distribution channels are also contributing to the stearyl alcohol industry growth. The easy availability of the end-use products like cosmetic and personal care through retail channels like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) is expected to further boost the demand for stearyl alcohol. Also, the online platforms provide various coupons and discount offers to the consumers, which are anticipated to enhance the online sales of these end-use products.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Breakup by Application, End Use, and Regions:

• On the basis of application, the industry can be divided emulsion stabilizer, fragrance ingredient, emulsifying agent, foam booster, viscosity modifier, and emollient, among others.

• Based on end use, the industry is segmented into cosmetics and personal care, pharmaceuticals, and food and beverages, among others.

• Region-wise, the global market for stearyl alcohol can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The market is being driven by the growing utilisation of stearyl alcohol in cosmetic and personal care industry.

• The growing consumption of processed food products is further propelling the market growth. 

• The new product launches and growing retail sector are also accelerating the growth of the industry. 

• The industry will receive further impetus with the growing research and development activities and rapid technological advancements.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for stearyl alcohol for the periods (2018-2023) and (2024-2032). 

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the applications, end uses, and regional markets of stearyl alcohol.

• The report also gives the regional historical (2018-2023) and forecast (2024-2032) price trends of the product.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global stearyl alcohol market are Kao Corporation, BASF SE, Biesterfeld AG, KLK Oleo, Godrej Industries Limited, and P&G Chemicals, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.