Stearyl Alcohol Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Stearyl Alcohol Market – Size, Share, Outlook, and
Opportunity Analysis, 2019 – 2027
Stearyl alcohol is derived from naturally-occurring sources such as coconut oil by catalytic
hydrogenation. It is an organic compound classified as fatty alcohol and has a boiling point of
210 °C and melting point of 60 °C. It takes the form of flakes or granules, which are insoluble
in water. The compound comes under the category of long chain unsaturated or saturated
fatty alcohols. Stearyl alcohol is primary used as emollient in creams and ointments.
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Market Dynamics:Europe is one of the largest markets for stearyl alcohol due to increasing demand for personal
care and cosmetics products. According to the U.S. Department of Commerce’s International
Trade Administration, cosmetic market of France generated a revenue of US$ 11.37 billion in
2018 compared to US$ 11.17 billion in 2015.
Market Outlook:Increasing disposable income and high demand for hair care products such as hair cream and
shampoos is expected to lead to surge in demand for stearyl alcohol. According to India
Brand Equity Foundation, the personal care market in India is expected to reach US$ 20
billion by 2025 from US$ 6.5 billion in 2015. Therefore, significant growth in the personal
care market is expected to boost the stearyl alcohol market growth over the forecast period.
Key Players:Major players operating in the global stearyl alcohol market include, Kao, BASF, Godrej,
KLK OLEO, Arizona Chemical, Acidchem International, Oleon, Sinarmas Cepsa Pte. Ltd.,
Vegetable Vitamin Foods Company, Kokyu Alcohol Kogyo Co., China Resources, Flora
Sawita, P&G Chemicals, Akzo Nobel, New Japan Chemical Co., Ltd., Ltd. PT Smart Tbk,
Pan Century, and others.
For More Information:​https://tinyurl.com/y3quckyl
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:The research report by Stearyl Alcohol Market is segmented by Grade, by Application, by End-use Industry and by Region – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027