Market Overview:
The global glyceryl stearate market is expected to reach USD 1.5 billion by 2030, registering a CAGR of 5.1% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for skin care and hair care products across the globe. In addition, rising awareness about personal hygiene and grooming is also propelling the growth of this market. On the basis of type, flake accounted for a major share of the global glyceryl stearate market in 2017 and is projected to maintain its dominance during 2018-2030 owing to its properties such as high solubility, low melting point, and good emulsifying properties. Wax segment is anticipated to grow at a higher CAGR during 2018-2030 due to its growing demand from end users such as cosmetics & personal care products manufacturers and pharmaceuticals companies. Based on application, skin care products held a dominant position in 2017 and is projected to maintain its lead throughout the forecast period owing to increasing consumer preference for anti-aging skincare products globally. Hair care applications are expected witness highest growth rate over next decade due rising concerns among consumers about their hair health & appearance across all regions studied herein.
Product Definition:
Glyceryl stearate is a fatty acid ester that is used as an emulsifier and thickener in cosmetics and personal care products.
Flake:
Flake, also known as lard oil or stearic acid, is a type of fatty acid derived from animal fat. It is extensively used in personal care products such as soaps and shampoos due to its moisturizing properties. The product has been gaining popularity in cosmetics and pharmaceutical industries owing to its ability to treat dry skin conditions and reduce the occurrences of chronic diseases including asthma, diabetes & cardiovascular diseases.
Wax:
Wax is a natural by-product of paraffin and is usually found in the form of blocks, pieces or with other additives mixed in it. It has several applications such as crayons, candles, polishes & coatings for furniture & floors and textile finishing among others. Wax can also be used as an alternative to petroleum based products like petrolatum which is usually derived from crude oil.
Application Insights:
The glyceryl stearate market is segmented based on application into skin care products, hair care products and other applications. The skin care product segment dominated the global market in 2017 owing to increasing consumer awareness about personal hygiene and grooming. Moreover, rising demand for anti-aging creams will also boost the overall industry growth over the forecast period.
Haircare was another prominent application of glyceryl stearates with a volume share of around 25% in 2017. Increasing disposable income coupled with changing lifestyle has led to an increased focus on personal grooming among consumers globally which is expected to drive demand for hair care products including shampoos and conditioners over the forecast period.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for nearly half of global consumption and production owing to low manufacturing costs as compared to other regions. China, India, Japan, South Korea are some of the major consumers in this region. Increasing consumer disposable income levels coupled with rising awareness regarding personal grooming products is anticipated to drive industry growth over the coming years.
Europe accounted for a significant share of global glyceryl stearate market on account of high demand from countries including Germany, U.K.
Growth Factors:
- Increasing demand for personal care products owing to the growing population and rising disposable income.
- Rising awareness about the benefits of using glyceryl stearate in personal care products among consumers.
- Growing demand for natural and organic cosmetics and skin care products.
- Technological advancements in the production of glyceryl stearate that has resulted in improved quality and performance of these ingredients.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glyceryl Stearate Market Research Report
By Type
Flake, Wax
By Application
Skin Care Products, Hair Care Products
By Companies
The Herbarie, Fine Organics, Sabo, Nikkol, Jeen International, Ashland Specialty Chemical, BASF, Italmatch Chemicals, Solvay, R.I.T.A, Stearinerie Dubois, CREMER OLEO, AAK, Croda, CISME Italy, Evonik, Alzo International, Vantage Specialty Ingredients, INOLEX, Abitec Corporation
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Glyceryl Stearate Market Report Segments:
The global Glyceryl Stearate market is segmented on the basis of:
Types
Flake, Wax
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
Skin Care Products, Hair Care Products
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:
- The Herbarie
- Fine Organics
- Sabo
- Nikkol
- Jeen International
- Ashland Specialty Chemical
- BASF
- Italmatch Chemicals
- Solvay
- R.I.T.A
- Stearinerie Dubois
- CREMER OLEO
- AAK
- Croda
- CISME Italy
- Evonik
- Alzo International
- Vantage Specialty Ingredients
- INOLEX
- Abitec Corporation
Highlights of The Glyceryl Stearate 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:
- Flake
- Wax
- By Application:
- Skin Care Products
- Hair Care Products
- 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 Glyceryl Stearate 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Glyceryl Stearate is a fatty acid ester derived from glycerin and stearic acid. It is used as a thickening agent, emulsifier, and lubricant in cosmetics.
Some of the major players in the glyceryl stearate market are The Herbarie, Fine Organics, Sabo, Nikkol, Jeen International, Ashland Specialty Chemical, BASF, Italmatch Chemicals, Solvay, R.I.T.A, Stearinerie Dubois, CREMER OLEO, AAK, Croda, CISME Italy, Evonik, Alzo International, Vantage Specialty Ingredients, INOLEX, Abitec Corporation.
The glyceryl stearate market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glyceryl Stearate 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 Glyceryl Stearate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glyceryl Stearate 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 Glyceryl Stearate 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 Glyceryl Stearate Market Size & Forecast, 2018-2028
4.5.1 Glyceryl Stearate Market Size and Y-o-Y Growth
4.5.2 Glyceryl Stearate Market Absolute $ Opportunity
Chapter 5 Global Glyceryl Stearate 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 Glyceryl Stearate Market Size Forecast by Type
5.2.1 Flake
5.2.2 Wax
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glyceryl Stearate 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 Glyceryl Stearate Market Size Forecast by Applications
6.2.1 Skin Care Products
6.2.2 Hair Care Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glyceryl Stearate 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 Glyceryl Stearate 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 Glyceryl Stearate Analysis and Forecast
9.1 Introduction
9.2 North America Glyceryl Stearate 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 Glyceryl Stearate Market Size Forecast by Type
9.6.1 Flake
9.6.2 Wax
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 Glyceryl Stearate Market Size Forecast by Applications
9.10.1 Skin Care Products
9.10.2 Hair Care Products
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 Glyceryl Stearate Analysis and Forecast
10.1 Introduction
10.2 Europe Glyceryl Stearate 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 Glyceryl Stearate Market Size Forecast by Type
10.6.1 Flake
10.6.2 Wax
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 Glyceryl Stearate Market Size Forecast by Applications
10.10.1 Skin Care Products
10.10.2 Hair Care Products
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 Glyceryl Stearate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glyceryl Stearate 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 Glyceryl Stearate Market Size Forecast by Type
11.6.1 Flake
11.6.2 Wax
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 Glyceryl Stearate Market Size Forecast by Applications
11.10.1 Skin Care Products
11.10.2 Hair Care Products
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 Glyceryl Stearate Analysis and Forecast
12.1 Introduction
12.2 Latin America Glyceryl Stearate 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 Glyceryl Stearate Market Size Forecast by Type
12.6.1 Flake
12.6.2 Wax
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 Glyceryl Stearate Market Size Forecast by Applications
12.10.1 Skin Care Products
12.10.2 Hair Care Products
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) Glyceryl Stearate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glyceryl Stearate 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) Glyceryl Stearate Market Size Forecast by Type
13.6.1 Flake
13.6.2 Wax
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) Glyceryl Stearate Market Size Forecast by Applications
13.10.1 Skin Care Products
13.10.2 Hair Care Products
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 Glyceryl Stearate Market: Competitive Dashboard
14.2 Global Glyceryl Stearate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Herbarie
14.3.2 Fine Organics
14.3.3 Sabo
14.3.4 Nikkol
14.3.5 Jeen International
14.3.6 Ashland Specialty Chemical
14.3.7 BASF
14.3.8 Italmatch Chemicals
14.3.9 Solvay
14.3.10 R.I.T.A
14.3.11 Stearinerie Dubois
14.3.12 CREMER OLEO
14.3.13 AAK
14.3.14 Croda
14.3.15 CISME Italy
14.3.16 Evonik
14.3.17 Alzo International
14.3.18 Vantage Specialty Ingredients
14.3.19 INOLEX
14.3.20 Abitec Corporation
