Stearyl Alcohol Market is expected to reach US$ 9816.74 Mn. by 2029, at a CAGR of 5.20% during the forecast period.Stearyl Alcohol Market Overview
Catalytic hydrogenation is used to produce stearyl alcohol from naturally existing materials such as coconut oil. It is an organic chemical classed as fatty alcohol with a boiling temperature of 210 °C and a melting temperature of 60 °C. It is available in the form of flakes or granules that are insoluble in water. The molecule is classified as a long-chain unsaturated or saturated fatty alcohol. Stearyl alcohol is used in a variety of applications, including pacifying agents, surfactants, and detergents, when combined with acetyl alcohol. It is also used as a viscosity-increasing agent and in lotions and ointments as an emollient. Blending with other fatty alcohols is projected to bring up a slew of new opportunities for the global stearyl alcohol market during the forecast period.To know about the Research Methodology :- Request Free Sample Report
Dynamics
Rising consumer expenditure on hair care products such as shampoos and hair creams is a key element driving market growth. Other important reasons driving the stearyl alcohol market include an increase in disposable income and increased demand for beauty and personal care commodities due to a growing population throughout the world. Furthermore, increased demand for environmentally friendly and organic goods is expected to generate new possibilities for the stearyl alcohol market during the forecast period. Furthermore, because stearyl alcohol is chemically non-ionic, it does not get charged when combined with water, rendering rinsing/cleaning useless. These are two major restraints of the stearyl alcohol market. Increasing Demand for Lubricants in the Automotive Industry support the Stearyl Alcohol Market growth The automobile sector is growing quickly across the world; in 2022, the automotive industry in the United States contributed 2.7 % to the country's GDP. Stearyl alcohol is used to make lubricants, which are then utilized in the automobile industry. As a result, the rapidly growing automotive sector and rising vehicle ownership give a boost to market growth. Lubricants are essential for vehicle maintenance; for example, they are widely used in traditional vehicles like automobiles and motorcycles to protect the joints. According to Statista, worldwide lubricant demand was over 36 million metric tonnes in 2022. North America has a high per capita lubricant consumption; the US lubricant industry was valued at roughly USD 19 billion in 2022. As a result, as the lubricant industry grows, so does the demand for stearyl alcohol, propelling the industry forward even more. Impact of Covid-19 in Stearyl Alcohol Market The utility-claimed component is being driven by increasing monetary incentives and administrative assistance from governments all over the world. The current utility-claimed Stearyl Alcohol Market has been significantly impacted by the COVID-19 outbreak. The majority of the ventures in China, the United States, Germany, and South Korea have been delayed, and the firms are facing temporary operational issues as a result of store network requirements and a lack of site access owing to the COVID-19 flare-up. The spread of the COVID-19 pandemic in China, Japan, and India is expected to have a major impact on the Asia-Pacific region.Stearyl Alcohol Market Segmentation Analysis
By Application, the emulsion stabilizer segment is expected to grow at the largest CAGR of nearly xx% during the forecast period. It is because of its widespread use in the cosmetics sector, notably for its skin-softening properties.By End-user, the cosmetics and personal care segment leads the market, accounting for a 5.5 % market share. Stearyl alcohol is widely utilized in the cosmetic and personal care sectors, where it is used to manufacture hair conditioners, eye cosmetics, foundations, skincare products, skin cleansers, and skin moisturizers, among other things. Stearyl alcohol contributes to the formation of an emulsion and inhibits the separation of oil and liquid components in goods. It reduces the tendency of finished products to produce foam when shaken, acts as a skin lubricant, and gives the skin a glossy, smooth, and soft appearance. Several cosmetic items have grown in popularity as a result of the general acceptance of internet culture and the increasing usage of social media platforms like YouTube and Instagram. These channels have a large influence on teens, millennials, and other age groups, which increases the demand for beauty goods. As a result, the effect of debouching cosmetic and grooming trends on millennials fuels segment growth.
Regional Analysis
Europe is one of the most important markets for stearyl alcohol due to the increased demand for personal care and cosmetics products. According to the United States Department of Commerce's International Trade Administration, the French cosmetic industry generated US$ 11.37 billion in 2022. In addition, due to the enormous growth of the cosmetic and automotive industries in India, China, South Korea, and Japan, Asia-Pacific is predicted to have the highest growth in the stearyl alcohol market. According to Statista, the Asia-Pacific cosmetics market held the highest share of the global market in 2022, accounting for more than 40% of the total (USD 120 billion). Because stearyl alcohol is a key ingredient in cosmetics, the regional market is being pushed by an expanding middle-class population, increased health awareness, and evolving beauty trends. The automotive industry is the greatest consumer of lubricants, which drives up demand for stearyl alcohol. The Asia-Pacific automobile sector is the fastest expanding, with China and Japan driving regional market expansion. Japan manufactured 8.33 million passenger vehicles in 2022, but China is the largest vehicle producer. The Asia-Pacific region accounts for over 40% of the worldwide lubricant market. As a result, rising lubricant consumption in the automotive industry propels regional market growth. The objective of the report is to present a comprehensive analysis of the Global Stearyl Alcohol Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Stearyl Alcohol Market dynamics, structure by analyzing the market segments and project the Global Stearyl Alcohol Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Stearyl Alcohol Market make the report investor’s guide.Stearyl Alcohol Market Scope: Inquire before buying
Global Stearyl Alcohol Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 6884.25 Mn. Forecast Period 2023 to 2029 CAGR: 5.20% Market Size in 2029: US$ 9816.74 Mn. Segments Covered: by Application Emulsion Stabilizer Fragrance Ingredient Emulsifying Agent Foam Booster by End-user Cosmetics and Personal Care Pharmaceuticals Food and Beverages Automotive Stearyl Alcohol Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Stearyl Alcohol Market Key Players
1. Sinarmas Cepsa Pte. Ltd 2. Triveni Chemicals 3. New Japan Chemical Co., Ltd 4. Merck KGaA 5. Kokyu Alcohol Kogyo Co., Ltd 6. Berg + Schmidt GmbH & Co. K 7. Kao CorporationBASF SE 8. Biesterfeld AG 9. KLK Oleo 10.Godrej Industries Limited 11.P&G Chemicals 12.BASF 13.Kerax, 14.Aromantic 15.Surfachem Group 16.Lansdowne Chemicals 17.Mistral Industrial Chemicals 18.Trulux 19.Niram Chemicals Frequently Asked Questions: 1. Which region has the largest share in Global Stearyl Alcohol Market? Ans: Europe region holds the highest share in 2022. 2. What is the growth rate of Global Stearyl Alcohol Market? Ans: The Global Stearyl Alcohol Market is growing at a CAGR of 5.20% during forecasting period 2023-2029. 3. What is scope of the Global Stearyl Alcohol market report? Ans: Global Stearyl Alcohol Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Stearyl Alcohol market? Ans: The important key players in the Global Stearyl Alcohol Market are – Sinarmas Cepsa Pte. Ltd, Triveni Chemicals, New Japan Chemical Co., Ltd, Merck KGaA, Kokyu Alcohol Kogyo Co., Ltd, Berg + Schmidt GmbH & Co. K, Kao CorporationBASF SE, Biesterfeld AG, KLK Oleo, Godrej Industries Limited, P&G Chemicals, BASF, Kerax,, Aromantic, Surfachem Group, Lansdowne Chemicals, Mistral Industrial Chemicals, Trulux, and Niram Chemicals 5. What is the study period of this market? Ans: The Global Stearyl Alcohol Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Stearyl Alcohol Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Stearyl Alcohol Market 3.4. Geographical Snapshot of the Stearyl Alcohol Market, By Manufacturer share 4. Global Stearyl Alcohol Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Stearyl Alcohol Market 5. Supply Side and Demand Side Indicators 6. Global Stearyl Alcohol Market Analysis and Forecast, 2022-2029 6.1. Global Stearyl Alcohol Market Size & Y-o-Y Growth Analysis. 7. Global Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.1.1. Emulsion Stabilizer 7.1.2. Fragrance Ingredient 7.1.3. Emulsifying Agent 7.1.4. Foam Booster 7.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 7.2.1. Cosmetics and Personal Care 7.2.2. Pharmaceuticals 7.2.3. Food and Beverages 7.2.4. Automotive 8. Global Stearyl Alcohol Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.1.1. Emulsion Stabilizer 9.1.2. Fragrance Ingredient 9.1.3. Emulsifying Agent 9.1.4. Foam Booster 9.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 9.2.1. Cosmetics and Personal Care 9.2.2. Pharmaceuticals 9.2.3. Food and Beverages 9.2.4. Automotive 10. North America Stearyl Alcohol Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 12. Canada Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 13. Mexico Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 14. Europe Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 15. Europe Stearyl Alcohol Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 17. France Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 18. Germany Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 19. Italy Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 20. Spain Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 21. Sweden Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 22. CIS Countries Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 23. Rest of Europe Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 24. Asia Pacific Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 25. Asia Pacific Stearyl Alcohol Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 27. India Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 28. Japan Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 29. South Korea Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 30. Australia Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 31. ASEAN Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 32. Rest of Asia Pacific Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 33. Middle East Africa Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 34. Middle East Africa Stearyl Alcohol Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 36. GCC Countries Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 37. Egypt Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 38. Nigeria Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 39. Rest of ME&A Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 40. South America Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 41. South America Stearyl Alcohol Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 43. Argentina Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 44. Rest of South America Stearyl Alcohol Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Stearyl Alcohol Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. BASF 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Sinarmas Cepsa Pte. Ltd 45.5. Triveni Chemicals 45.6. New Japan Chemical Co., Ltd 45.7. Merck KGaA 45.8. Kokyu Alcohol Kogyo Co., Ltd 45.9. Berg + Schmidt GmbH & Co. K 45.10. Kao CorporationBASF SE 45.11. Biesterfeld AG 45.12. KLK Oleo 45.13. Godrej Industries Limited 45.14. P&G Chemicals 45.15. BASF 45.16. Kerax 45.17. Aromantic 45.18. Surfachem Group 45.19. Lansdowne Chemicals 45.20. Mistral Industrial Chemicals 45.21. Trulux 45.22. Niram Chemicals 46. Primary Key Insights