Market Overview:
The global cetyl lactate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cetyl lactate in cosmetic applications and its growing use as a veterinary health care product. In terms of volume, the liquid segment is expected to dominate the global cetyl lactate market during the forecast period, followed by the paste segment. North America is expected to lead the global cetyl lactate market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Cetyl lactate is a fatty acid ester that is derived from vegetable oil. It is used as an emollient, thickener and lubricant in cosmetics and personal care products.
Liquid:
Liquid is a transparent, odorless, and tasteless liquid that is widely used in personal care products such as shampoos and moisturizers. It has high demand due to its properties which include emollient, skin conditioning agent and solvent. Liquid also acts as an excellent carrier for active ingredients in cosmetics or pharmaceutical drugs.
Paste:
Paste is a by-product obtained during the refining of cream and milk. It consists of proteins, fats, minerals, vitamins A & D & some lactose. Paste is used in various applications such as cheese making (hard and soft), ice creams processing (topping and filling), bakery products manufacturing like bread dough strengthening or cakes mixing as an alternative for butter or oil; it can also be used to produce infant formulas if mixed with suitable additives.
Application Insights:
The global market is segmented by application into cosmetic, veterinary health and other applications. The cosmetic application segment dominated the overall industry in terms of revenue share in 2017. Increasing demand for skin care products along with rising consumer awareness regarding healthy skin is expected to drive the product demand in this segment over the forecast period.
The product has been used as a moisturizer and emollient for decades and its use does not cause any allergic reaction like many other substances do. It also helps enhance moisture retention properties of hair which makes it suitable for hair treatment as well as color cosmetics formulation. These factors are anticipated to fuel its demand from various end-use industries including personal care over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 40%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from countries, such as China, India, Japan and South Korea. Rapidly growing pharmaceutical industry coupled with rising investments by multinational companies in these regions is also expected to drive the growth of Asia Pacific cetyl lactate market at a significant pace.
Europe was valued at USD X billion in 2017 owing to high animal health standards observed across European countries that require frequent veterinary health check-ups among livestock animals, which results into increased consumption of cetyl lactate based products for canine and feline vaccines respectively.
Growth Factors:
- Increasing demand from personal care and cosmetics industry
- Rising awareness about the benefits of cetyl lactate in skin care products
- Growing popularity of natural and organic skin care products
- Rising demand for anti-aging skin care products
- Increasing use of cetyl lactate in hair care products
Scope Of The Report
Report Attributes
Report Details
Report Title
Cetyl Lactate Market Research Report
By Type
Liquid, Paste
By Application
Cosmestic, Veterinary Health, Other
By Companies
Stearinerie Dubois, ErcaWilmar, Ashland Specialty Chemical, Alzo International, Musashino Chemical Laboratory,Ltd., Ava Kian Mehr
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Cetyl Lactate Market Report Segments:
The global Cetyl Lactate market is segmented on the basis of:
Types
Liquid, Paste
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmestic, Veterinary Health, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stearinerie Dubois
- ErcaWilmar
- Ashland Specialty Chemical
- Alzo International
- Musashino Chemical Laboratory,Ltd.
- Ava Kian Mehr
Highlights of The Cetyl Lactate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Paste
- By Application:
- Cosmestic
- Veterinary Health
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cetyl Lactate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cetyl lactate is a fatty acid ester that is derived from coconut oil. It has a creamy, satiny texture and a sweet, fruity flavor. Cetyl lactate is used in cosmetics and skin care products to provide moisturization and improve the appearance of skin.
Some of the major companies in the cetyl lactate market are Stearinerie Dubois, ErcaWilmar, Ashland Specialty Chemical, Alzo International, Musashino Chemical Laboratory,Ltd., Ava Kian Mehr.
The cetyl lactate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cetyl Lactate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cetyl Lactate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cetyl Lactate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cetyl Lactate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cetyl Lactate Market Size & Forecast, 2018-2028
4.5.1 Cetyl Lactate Market Size and Y-o-Y Growth
4.5.2 Cetyl Lactate Market Absolute $ Opportunity
Chapter 5 Global Cetyl Lactate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cetyl Lactate Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Paste
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cetyl Lactate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cetyl Lactate Market Size Forecast by Applications
6.2.1 Cosmestic
6.2.2 Veterinary Health
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cetyl Lactate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cetyl Lactate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cetyl Lactate Analysis and Forecast
9.1 Introduction
9.2 North America Cetyl Lactate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cetyl Lactate Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Paste
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cetyl Lactate Market Size Forecast by Applications
9.10.1 Cosmestic
9.10.2 Veterinary Health
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cetyl Lactate Analysis and Forecast
10.1 Introduction
10.2 Europe Cetyl Lactate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cetyl Lactate Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Paste
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cetyl Lactate Market Size Forecast by Applications
10.10.1 Cosmestic
10.10.2 Veterinary Health
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cetyl Lactate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cetyl Lactate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cetyl Lactate Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Paste
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cetyl Lactate Market Size Forecast by Applications
11.10.1 Cosmestic
11.10.2 Veterinary Health
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cetyl Lactate Analysis and Forecast
12.1 Introduction
12.2 Latin America Cetyl Lactate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cetyl Lactate Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Paste
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cetyl Lactate Market Size Forecast by Applications
12.10.1 Cosmestic
12.10.2 Veterinary Health
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cetyl Lactate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cetyl Lactate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cetyl Lactate Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Paste
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cetyl Lactate Market Size Forecast by Applications
13.10.1 Cosmestic
13.10.2 Veterinary Health
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cetyl Lactate Market: Competitive Dashboard
14.2 Global Cetyl Lactate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stearinerie Dubois
14.3.2 ErcaWilmar
14.3.3 Ashland Specialty Chemical
14.3.4 Alzo International
14.3.5 Musashino Chemical Laboratory,Ltd.
14.3.6 Ava Kian Mehr
