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Yogesh S TMR
by on September 8, 2021
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Cetearyl Palmitate: Introduction
Cetearyl palmitate is the ester that is derived from hexadecanoic acid and hexadecanol. It is a palm oil derivative. The compound gives lubricating and non-greasy consistency to pharmaceuticals, and personal care and cosmetic products. It is classified as skin conditioning masking emollient.
Cetearyl palmitate is also called palmitic acid cetyl ester, palmitic acid n-hexadecyl ester, palmitic acid hexadecyl ester, N-hexadecyl palmitate, hexadecyl hexadecanoate, palmitic acid palmityl ester, and palmityl palmitate
Cetearyl Palmitate Market: Segments
The global cetearyl palmitate market can be segmented based on application, end-use, and region
Based on application, the global cetearyl palmitate market can be classified into emollient, emulsifier & stabilizer, lubricating agent, and others
Based on end-use, the global cetearyl palmitate market can be divided into cosmetics, personal care, pharmaceuticals, and others
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COVID-19 Impact on Cetearyl Palmitate Market
Emergence of the new COVID strain in many developed and developing countries has adversely affected the health care infrastructure. Supply chains are facing disruptions, leading to disturbances in production activities in many countries. This has hampered the global cetearyl palmitate market.
On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
North America and Europe to Dominate Cetearyl Palmitate Market
In terms of geography, the global cetearyl palmitate market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa
Developed regions such as North America and Europe are expected to be lucrative regions of the global cetearyl palmitate market
North America is also a potentially lucrative region that is anticipated to drive the demand for cetearyl palmitate. A number of start-up companies in the region have forayed in the cetearyl palmitate market. These companies are likely to explore new streams of revenue in the near future.
The cetearyl palmitate market in Middle East & Africa is estimated to expand at a sluggish pace during the forecast period
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Key Manufacturers Operating in Global Cetearyl Palmitate Market
The global cetearyl palmitate was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global cetearyl palmitate market include:
Ashland Inc.
Stepan Company
Caesar & Loretz GmbH
Croda International Plc
Oleon NV
BASF SE
Dien Inc.
Mohini Organics Pvt. Ltd.
Aecochem Corp.
BioCell Technology, LLC
Hangzhou J&H Chemical Co., Ltd.
VMP Chemiekontor GmbH
Amadis Chemical Co., Ltd.
Haihang Industry Co., Ltd.
CellMark AB
KHBoddin GmbH
Gihi Chemicals Co., Ltd.
Global Cetearyl Palmitate Market: Research Scope
Global Cetearyl Palmitate Market, by Application
Emollient
Emulsifier & Stabilizer
Lubricating Agent
Others
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Global Cetearyl Palmitate Market, by End-use
Cosmetics
Personal Care
Pharmaceuticals
Others
Global Cetearyl Palmitate Market, by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia & CIS
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Companies in the Cetearyl Palmitate market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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