Cetanol (Cetyl Alcohol) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Form (Liquid Cetanol, Waxy Solid Cetanol), End-user (Food and Beverage, Cosmetics and Personal Care, Pharmaceutical, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Market Snapshot

Cetanol-Market summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Europe
CAGR: >4 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The market for Cetanol is expected to grow at a CAGR of more than 4% during the forecast period.

  • One of the key factors driving the market is the growing demand for cetanol from many cosmetic products.
  • Europe is estimated to dominate the market with the largest consumption coming from Germany, while Asia-Pacific is expected to have the fastest-growing market.

Scope of the Report

The Cetanol Market Report Includes:

By Type
Liquid Cetanol
Waxy Solid Cetanol
By End-User
Food and Beverage
Cosmetics and Personal Care
Pharmaceutical
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
United Kingdom
France
Germany
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Cosmetics and Personal Care Industry is Expected to Dominate the Market

  • Cetanol also is known as 1-hexadecanol or n-hexadecyl alcohol, is 16-C fatty alcohol with the chemical formula CH3(CH2)15OH. It can be produced from the reduction of palmitic acid. 
  • Cetyl alcohol is present in a waxy white powder or flake form at room temperature and is insoluble in water and soluble in alcohols and oils. It is also available in liquid form, however, the waxy solid cetanol is expected to have a higher market share due to its application in a wide range of products especially cosmetics.
  • Cetyl alcohol has many applications in industries like food & beverage, Cosmetics, Pharmaceutical, and other general industrial applications like lubrication for mechanical parts. 
  • It is used in cosmetic and personal care products such as shampoos, creams, face washes, and lotions. 
  • It is commonly used as opacifier, emulsifier, and thickening agent that alters the thickness of the liquid and increases and stabilizes the foaming capacity due to its water-binding property.
  • Cetyl alcohol is also commonly used as an emollient that prevents the drying and chapping of the skin. Due to its wide range of applications, cosmetic industry is expected to dominate the Cetanol market during the forecast period.
Cetanol Market Revenue Share

Increasing Demand for Cetanol Products in Europe

Europe is leading in the demand for the Cetanol market for the past few years. The consumption rate of various cosmetic products has been increasing extensively in Europe. Germany has been the main market for Europe along with France, the United Kingdom, and Italy. Cetyl alcohol is the main ingredient for various cosmetic products suggests that the Cetyl alcohol market has a higher share in European regions in terms of value sales. Cetanol Market is growing with a healthy rate even in North America with the largest consumption is coming from the United States. However, the Asia-Pacific cetanol market is expected to have the fastest growth owing to increasing spending on cosmetics and skin care products in countries like China, Japan, South Korea, and India.

Cetanol Market Geography growth

Competitive Landscape

The market studied is partially fragmented in nature. Some of the key players in the market include Godrej Industries Ltd., WEGO CHEMICAL GROUP, Surfachem Group Ltd, Suriachem Sdn Bhd, Timur Network Malaysia Sdn.Bhd, among many others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Consumption of Cosmetic Products

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Impact of COVID-19 Outbreak

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Liquid Cetanol

      2. 5.1.2 Waxy Solid Cetanol

    2. 5.2 By End-User

      1. 5.2.1 Food and Beverage

      2. 5.2.2 Cosmetics and Personal Care

      3. 5.2.3 Pharmaceutical

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 United Kingdom

        2. 5.3.3.2 France

        3. 5.3.3.3 Germany

        4. 5.3.3.4 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Acme-Hardesty Company

      2. 6.4.2 Central Drug House

      3. 6.4.3 Godrej Industries Ltd.

      4. 6.4.4 Kao Corporation

      5. 6.4.5 KOKYU ALCOHOL KOGYO CO., LTD

      6. 6.4.6 Naturallythinking

      7. 6.4.7 Niram Chemicals

      8. 6.4.8 Surfachem Group Ltd

      9. 6.4.9 Suriachem Sdn Bhd

      10. 6.4.10 The Herbarie at Stoney Hill Farm, Inc.

      11. 6.4.11 Timur Network Malaysia Sdn.Bhd

      12. 6.4.12 WEGO CHEMICAL GROUP

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Cetanol (Cetyl Alcohol) Market market is studied from 2016 - 2026.

The Cetanol (Cetyl Alcohol) Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2020.

Godrej Industries Ltd. , Surfachem Group Ltd , Suriachem Sdn Bhd , Timur Network Malaysia Sdn.Bhd, WEGO CHEMICAL GROUP are the major companies operating in Cetanol (Cetyl Alcohol) Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!