Press release
Stearyl Alcohol Market is Set to Boom at a CAGR Value of USD 9.48 billion at a CAGR of 4.55% During the Forecast by 2029
The "emulsion stabilizer" is the fastest growing application segment due to its widespread use in cosmetics, mainly due to its skin-softening properties. Moreover, augmented demand for organic and environment friendly goods will likely generate new possibilities for the growth of the stearyl alcohol market in the forecast period.Data Bridge Market Research analyses that the stearyl alcohol market is expected to undergo a CAGR of 4.55% during the forecast period. This indicates that the market value, which was USD 6.64 billion in 2021,
Stearyl alcohol is a long-chain of fatty alcohol with molecular formula C18H38O. It is a white waxy solid with a faint smell and consisting n-octadecanol. It is commonly found in a wide range of skincare and cosmetic products. Stearyl alcohol is generally derived from vegetable oils such as palm kernel and coconut oils, which are converted into alcohol and then hydrogenated and distilled into stearyl alcohol.
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Some of the major players operating in the stearyl alcohol market are:
• Merck KGaA (Germany)
• Eastman Chemical Company (U.S.)
• Kao Corporation (Japan)
• Dow (U.S.)
• BASF SE (Germany)
• KLK OLEO (Malaysia)
• Evonik Industries AG (Germany)
• Huntsman International LLC (U.S.)
• SABIC (Saudi Arabia)
• Godrej Industries Limited (India)
• Procter & Gamble (U.S.)
• Oleon NV (Belgium)
• VVF Group (India)
Stearyl Alcohol Market Regional Analysis/Insights
The stearyl alcohol market is analysed and market size insights and trends are provided by country, type, testing type, application, grade, end-user industry and form as referenced above.
The countries covered in the stearyl alcohol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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