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Stearyl Alcohol Market Share

Report ID: GMI7123
Published Date: Oct 2023
Report Format: PDF

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Stearyl Alcohol Market Share

Major players operating in the stearyl alcohol industry include:

Procter & Gamble
VVF LLC
Kao Corporation
Sasol Limited
BASF SE
Reliance Industries Limited
Godrej Industries Limited
Oleon NV
Kuala Lumpur Kepong Berhad
Jarchem Industries Inc.
Berg + Schmidt GmbH & Co. KG
Behn Meyer Group
Jeeon Corporation
Pan Oleo Sdn Bhd
KLK OLEO Group

Procter & Gamble and VVF LLC have captured substantial market shares in the Asia pacific market, driven by companies in the Asia-Pacific region, driven by the surging demand for stearyl alcohol products, particularly in China and India. The Asia-Pacific region, the world's largest stearyl alcohol industry, is poised for continued growth due to rapid economic development, urbanization, and increasing demand across industries such as nuclear power, chemicals, ceramics, and aerospace. As leading producers, Procter & Gamble and VVF LLC are well-positioned to cater to this escalating demand in the region.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for stearyl alcohol was USD 6.4 billion in 2022 and is estimated to reach USD 9.3 billion by the end of 2032 due to higher usage in the cosmetic and personal care sectors as an emollient to offer moisturizing effects

Stearyl alcohol industry from the regular grade segment garnered USD 4.4 billion in revenue in 2022 owing to higher application as a lubricant for manufacturing purposes

U.S. stearyl alcohol industry size was USD 1.9 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 driven by the growing demand for personal care as well as cosmetic products in the nation

Some of the leading stearyl alcohol companies are Procter & Gamble, VVF LLC, Kao Corporation, Sasol Limited, BASF SE, Oleon NV, Kuala Lumpur Kepong Berhad, Jarchem Industries Inc., Behn Meyer Group, and KLK OLEO Group