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Global Stearyl Alcohol Market Report and Forecast 2023-2028

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    Report

  • 158 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5889151
According to the report the global stearyl alcohol market is being aided by the growth of the fatty alcohol industry. Aided by the growing demand in cosmetic, pharmaceutical, and industrial applications, the fatty alcohol market is expected to grow at a CAGR of 5% in the forecast period of 2023-2028 to reach a value of approximately USD 9.15 billion by 2028.

Stearyl alcohol, also known as octadecyl alcohol or 1-octadecanol, is a fatty alcohol derived mainly from stearic acid, a naturally occurring fatty acid. It is used extensively as an emollient, emulsifier, and thickener in cosmetic products like creams, lotions, and hair conditioners. Additionally, it serves as an opacifying agent in shampoos and as a viscosity enhancer in several formulations.

The burgeoning cosmetic and skincare industry is one of the primary drivers propelling the global stearyl alcohol market growth. The rising consumer consciousness about skincare, combined with the growing inclination towards natural and organic ingredients, has augmented the demand for stearyl alcohol. It offers moisturising properties and a creamy consistency, making it a preferred ingredient in various cosmetic formulations.

Moreover, the pharmaceutical industry is also significantly contributing to the market. Stearyl alcohol acts as a lubricant in the production of tablets and capsules, ensuring they don’t stick to the manufacturing equipment. It also plays a pivotal role in ointment and cream formulations due to its emollient characteristics, propelling the stearyl alcohol market expansion.

In industrial applications, stearyl alcohol has made a mark as an essential ingredient in the production of surfactants, which are vital in industries such as textiles, detergents, and personal care. Its function as a stabiliser and thickener also finds utility in the production of PVC (polyvinyl chloride), aiding in improving its thermal stability and processing characteristics.

As per the stearyl alcohol market analysis, the rising demand for vegan and cruelty-free products is further boosting the market demand. As stearyl alcohol can be derived from both plant and animal sources, companies are focusing on ensuring that their sources are vegan-friendly. The emphasis on transparent sourcing and increased awareness among consumers about product ingredients have encouraged manufacturers to adopt sustainable and animal-friendly practices.

The Asian market, in particular, has shown a robust growth rate in the stearyl alcohol sector. Fuelled by rapidly expanding cosmetic and personal care industries in countries like China, India, and South Korea, the stearyl alcohol market demand has witnessed a surge in the region.

Market Segmentation

The market can be divided based on application, end use, and region.

Market Segmentation

  • Emulsion Stabilizer
  • Fragrance Ingredient
  • Emulsifying Agent
  • Foam Booster
  • Viscosity Modifier
  • Emollient
  • Others

Market Segmentation

  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Food and Beverages
  • Others

Market Segmentation

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global stearyl alcohol market. Some of the major players explored in the report are as follows:
  • Kao Corporation
  • BASF SE
  • Biesterfeld AG
  • KLK Oleo
  • Godrej Industries Limited
  • P&G Chemicals
  • Others

About the Publisher

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*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Stearyl Alcohol Market Analysis
8.1 Key Industry Highlights
8.2 Global Stearyl Alcohol Historical Market (2018-2022)
8.3 Global Stearyl Alcohol Market Forecast (2023-2028)
8.4 Global Stearyl Alcohol Market by Application
8.4.1 Emulsion Stabilizer
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Fragrance Ingredient
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Emulsifying Agent
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Foam Booster
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Viscosity Modifier
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.4.6 Emollient
8.4.6.1 Historical Trend (2018-2022)
8.4.6.2 Forecast Trend (2023-2028)
8.4.7 Others
8.5 Global Stearyl Alcohol Market by End Use
8.5.1 Cosmetics and Personal Care
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Pharmaceuticals
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Food and Beverages
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Stearyl Alcohol Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Stearyl Alcohol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Stearyl Alcohol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Stearyl Alcohol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Stearyl Alcohol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Stearyl Alcohol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Kao Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 BASF SE
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Biesterfeld AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 KLK Oleo
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Godrej Industries Limited
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 P&G Chemicals
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market

Companies Mentioned

  • Kao Corporation
  • BASF SE
  • Biesterfeld AG
  • KLK Oleo
  • Godrej Industries Limited
  • P&G Chemicals

Methodology

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Table Information