Cetyl Alcohol Market: Introduction:
Cetyl alcohol is a long chain of natural alcohol. They are likewise known by different other synthetic names, for example, 1-Hexadecanol, cetanol, Hexadecan-1-ol, N-Hexadecyl alcohol or palmityl alcohol. Under room temperature, Cetyl alcohol is more often than not as waxy white strong or chips. There are different strategies to get Cetyl alcohol and one of the cutting edge strategy utilized depends on the decrease of palmitic corrosive, which is acquired from palm oil. It is one of the prime parts for Cetearyl Alcohol which is another synthetic exacerbate, whose applications are widely utilized in different ventures. Another new technique for making cetyl alcohol comprises of saponification of spermaceti in ethylene glycol in a tempered steel vessel gave mechanical disturbance.
Cetyl Alcohol Market: Segmentation:
The Cetyl Alcohol Market can be segmented into its form, function and end use.
On the basis of form, the Cetyl Alcohol market can be segmented into the clear liquid and waxy solids. Among these forms, Cetyl Alcohol market has been anticipated to have higher volume share in waxy solids sector due to its wide range application in various industries especially cosmetics.
On the basis of functions, the Cetyl alcohol market can be segmented into emulsification, thickening agent, anti- oxidant, conditioning agent, emollient, and surfactant. Emulsification and emollient are expected to have higher volume share as compared to other functions due to its large scale application in the cosmetic industry to produce products such as shampoos, skin creams, lotions etc.
On the basis of end use, Cetyl alcohol market can be segmented into the food industry, cosmetics industry, personal care and pharmaceutical industry. The cosmetic industry can be further sub-segmented into skin care, hair care, sun care and others. Cetyl alcohol has been extensively used in the production of various cosmetics products such as lipstick, sunscreen, hair dye etc.
Cetyl Alcohol Market: Regional Outlook:
A regional segment for the market of Cetyl alcohol is divided into five different regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe has been leading market from past five years in the global cosmetics market. The consumption rate of various cosmetic products has been increasing extensively in Europe. Germany has been the main market for Europe followed by France, United Kingdom, and Italy. Cetyl alcohol being the main ingredient for various cosmetic products suggest that Cetyle alcohol market has the higher share in European regions in terms of value sales. On the other hand, North America region and Asia Pacific regions are being as the emerging market for Cetyl alcohol since these regions are witnessing the rise in consumption of various cosmetic products.
Cetyl Alcohol Market: Key Players
Some of the key players in Cetyl alcohol Market are Surfachem Group Ltd, Naturallythinking, Pure Spa Aromatherapy, Lansdowne Chemicals Plc, Acme-Hardesty Company, AGRICOLE BIO-TECHNOLOGY PTE LTD, TIMUR NETWORK MALAYSIA SDN.BHD, SURIACHEM SDN BHD, and Stoney Hill Farm.