Industry Background:
Cetyl alcohol also termed as 1-hexadecanol and palmityl alcohol, is one common ingredient used in a variety of personal care products and cosmetics. It is manufactured from different types of vegetable oils including palm or coconut oil. In personal care products such as skin lotions and creams, cetyl alcohol serves as a thickening agent and emulsifier, to help keep product ingredients from separating. It is highly useful in cosmetic products such as lipsticks, helping lip color adhere to the skin. Cetyl alcohol is also a big application for multipurpose food additives, used as a flavoring agent or in food decorations. For instance, cetyl alcohol is an ingredient in colorful lettering or pictures on some types of candy or gum.This growth is primarily driven by Growing Demand in Cosmetics Industry Majorly in Shampoos, Thickening Agent in the Manufacture of Skin Care Creams and Lotions.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Surfachem Group Ltd (United Kingdom), Naturallythinking (United Kingdom), Lansdowne Chemicals Plc (United Kingdom), Acme-Hardesty Company (United States), Agricole Bio-Technology Pte Ltd (Singapore), P&G Chemicals (United States), Suriachem Sdn Bhd (Malaysia), Stoney Hill Farm (United States), BASF (Germany) and Kerax (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, BASF introduced The new solution includes catalysts for more efficient production of isopropyl alcohol (IPA), a key element in hand sanitizers. A range of new catalysts which will be presented during the upcoming European Petrochemical Associations Conference (EPCA) in a series of webinars.The manufacturers are operating in this sector are exploring their footprint across new geographical regions by adopting various mergers & acquisitions, expansions, investments, new product launches, and many others. Key players are exploring new areas through expansions and acquisitions across the world to avail a competitive advantage through combined synergies.
Regulatory Insights:
Cetyl alcohol is regulated by the U.S. Food and Drug Administration (FDA) to be used as both a direct and indirect food additive.
Influencing Trend:
Increase Investment in Research and Development
Market Growth Drivers:
Growing Demand in Cosmetics Industry Majorly in Shampoos, Thickening Agent in the Manufacture of Skin Care Creams and Lotions
Challenges:
Disruption in Sales Channels
Restraints:
Fluctuation in Price of Raw Materials
Opportunities:
Strong Growth Opportunities across industrial applications, because cetyl alcohol is one primary ingredient in fuels, chemical intermediates, and plasticizers and is utilized as oil for nuts and bolts in manufacturing requests.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Cetyl Alcohol Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Cetyl Alcohol Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Cetyl Alcohol players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cetyl Alcohol Study Sheds Light on
The Cetyl Alcohol Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cetyl Alcohol industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cetyl Alcohol industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.