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Cetanol Market Size to Grow by USD 651.55 million | Growing Use of Cetanol in Personal Care and Cosmetic Products to Boost Market Growth | Technavio

Cetanol Market Size to Grow by USD 651.55 million | Growing Use of Cetanol in Personal Care and Cosmetic Products to Boost Market Growth | Technavio
Cetanol Market Size to Grow by USD 651.55 million | Growing Use of Cetanol in Personal Care and Cosmetic Products to Boost Market Growth | Technavio

NEW YORK, The “Cetanol Market by Type (Waxy and Liquid) and Geography (Europe, North America, APAC, South America, and Middle East and Africa) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the cetanol market size between 2021 and 2026 is USD 651.55 mn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

Market DriverMarket Challenges

The growing use of cetanol in personal care and cosmetic products is driving the growth of the cetanol market. Cetanol can be used in skincare products and acts as an opacifier, thickener, co-emulsifier emollient, softener, and moisturizer. It also enhances the foaming capacity of non-aqueous liquids, such as lotions. Thus, the multifunctional properties of cetyl alcohol can increase its use in personal care and cosmetic products.

Consumer demand for chemical-free personal care and cosmetic products is challenging the growth of the cetanol market. Cetanol is considered toxic, and topical drugs that contain cetanol have side effects. Moreover, the cetanol used in cosmetic or personal care products can cause contact dermatitis in consumers who have sensitive skin. It can also lead to other side effects, such as burning, stinging, redness, and inflammation of the skin.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report right now!

The cetanol market report is segmented by type into waxy and liquid. The waxy segment will have significant market share growth during the forecast period. The waxy form of cetyl alcohol is primarily obtained from coconut, palm, or vegetable oils. It is suitable for cosmetic products that are applied to the skin and easily absorbed due to the warmth of the skin.

By geography, the market has been segmented into Europe, North America, APAC, South America, and the Middle East and Africa. Europe will be the leading region with 34% of the market’s growth during the forecast period. Germany, the UK, and France are the key markets for cetanol in Europe. Consumers opting for skincare and body care cosmetics such as sunscreens and body lotions that are designed for specific parts of the body will drive the cetanol market growth in Europe during the forecast period.

Some Companies Mentioned

Bo InternationalBRENNTAG SECentral Drug House Pvt. Ltd.Emery Oleochemicals LLCGodrej Industries Ltd.Kao Corp.KLK OleoKokyu Alcohol Kogyo Co. Ltd.Musim Mas GroupNaturallythinkingNiram ChemicalsPandian Surfactants Pvt. Ltd.Surfachem Group LtdSuriachem Sdn. Bhd.The Herbarie at Stoney Hill Farm Inc.The Procter and Gamble Co.Timur Network Malaysia Sdn. Bhd.VVF Ltd.BASF SETo gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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