Asia Pacific Cetyl Stearyl Alcohol Market

Asia Pacific Cetyl Stearyl Alcohol Market Analysis (2024 to 2029)

The Asia Pacific Cetyl Stearyl Alcohol Market is expected to grow from USD 177.53 million in 2024 to USD 231.8 billion in 2029, with a CAGR of 5.48% between 2024 and 2029. 

Cetyl stearyl alcohol, also known as Cetearyl alcohol is a waxy substance that is developed from stearyl alcohol cetyl alcohol, or both. This alcohol is used as a pacifying agent, a surfactant, an emulsion stabilizer, and a non-aqueous and aqueous viscosity agent. Cetyl stearyl alcohol is also used in various sectors like food, pharmaceutical, cosmetic, chemical, and materials.

MARKET DRIVERS AND RESTRAINTS

The main driver of the Asia Pacific Cetyl Stearyl Alcohol Market is expected to be the rising incomes in emerging economies and growing demand for beauty and personal care products in nations like India, Korea, Japan, etc.

Cetearyl alcohol is foreseen to play a vital role in the cosmetic sector. They are used as an emollient, a transporting agent, an emulsifier, a thickener, and, for other components limited in a cosmetic solution. Most consumers address hair-related issues such as baldness, hair loss, and dandruff, which has led to the use of hair care products. The main element in the hair conditioner that helps to mix the water and oil as a thickening agent is cetearyl alcohol. The oil and water-based components in the conditioner would remain in the form of an emulsion without the presence of cetearyl alcohol. Cetearyl alcohol also softens the skin and is therefore used in anti-aging creams and moisturizers. The growing demand for skin care products and personal care is lastly leading to an increased demand for cetyl stearyl alcohol in the upcoming future. Cetyl stearyl alcohol acts as a surfactant in shampoos, a thickening agent in skin creams, and is widely used as an essential ingredient in soap making.

The increasing growth of the chemical industries creates a demand for this product.

Cetyl stearyl alcohol is a critical element in the worldwide personal care industry. Consumption by the hair care industry and skin is anticipated to fuel the market for cetyl stearyl alcohol in Asia Pacific. In addition, the augmenting healthcare industry is estimated to have positive impact on the cetyl stearyl alcohol market. Increased spending on skin creams and lotions is likely to expand the beauty and personal care industry, which is estimated to increase demand for cetyl stearyl alcohol. Manufacturers of cetyl stearyl alcohol are reliable in developing the cosmetics and toiletries industry for the growth of the APAC cetyl stearyl alcohol market.

This research report on the Asia Pacific Cetyl Stearyl Alcohol market has been segmented and sub-segmented into the following categories.

Asia Pacific Cetyl Stearyl Alcohol Market By Grade Type

• Industrial Grade    
• Pharmaceutical Grade 

In the manufacture of cetyl stearyl alcohol, various qualities such as industrial grade and pharmaceutical grade can be used. Industrial grade is a type of grade commonly used as an element in the making of end-user products.

Asia Pacific Cetyl Stearyl Alcohol Market By End-User Industry

• Personal Care       
• Beauty Care

The beauty and personal care products industry among end-use industries is the largest shareholder in the regional market for cetyl stearyl alcohol.

Asia Pacific Cetyl Stearyl Alcohol Market By Country

• India
• China
• Japan
• South Korea
• Hong Kong
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

The developing market in China and India is expected to have a positive impact on the growth of the Asia Pacific cetyl stearyl alcohol market.

The market for Asia Pacific Cetyl Stearyl Alcohol has been categorized on the basis of region to offer a proper understanding of the business. The Asia Pacific Cetyl Stearyl Alcohol market has been divided into China, Taiwan, South Korea, India, Japan, Australia, and New Zealand, and the rest of the Asia-Pacific. The cetyl stearyl alcohol market is foreseen to register healthy growth over the outlook period as the demand for cosmetics, personal care and beauty sector extends. Asia-Pacific, characterizes a significantly high market share, and the market will rise at a significantly growth rate due to rising population and changing lifestyle to create opportunities for the personal care industry, which will lead to an increasing demand for cetyl stearyl alcohol.

KEY MARKET PLAYERS

Amongst the major key performers in the APAC cetyl stearyl alcohol market are Prakash Chemicals Pvt Ltd, Acme-Hardesty Company, Texas Natural Supply, P&G Chemicals, and Kao Chemicals, S.L., among others.

RECENT DEVELOPMENTS IN THE MARKET

• 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 completed in 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 excellent list of horse and dog owners.