Stearate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

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Stearate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

Status : September, 2020 | Chemical & Materials | PPT format

Report Digest

Glycol Stearate Market: Introduction

Glycol stearate, is also known as glycol monostearate or ethylene glycol monostearate, it is an organic compound. There are various properties of glycol stearate are low acid and iodine values its insolubility in water, and relatively high melting point. These factors are responsible for the stability of the compound under normal conditions. These properties makes it a perfect ingredient for personal care products, cosmetics, and toiletries. It is obtained by a reaction of stearic acid with glycerin, which is a fatty acid that is found in from animal and vegetable fats and oils. Glycol stearate has its end use in products such as moisturizer, it forms a barrier on the skin and prevents products from feeling greasy. As an emulsifier, it allows products to stay blended.  Use of this in moisturizers reduces the symptoms and signs of lichenification, atopic dermatitis, including pruritus, fissuring, and erythema. Glycol stearate is less toxic in nature, owing to its acute toxicity, even repeated use does not cause problems such as skin and eye irritation, sensitization, or hyper-sensitivity.

Glycol Stearate Market: Dynamics

Glycol stearate imparts a pearlized look to the products. It also helps to turn a transparent product into a white-colored product, and provides shape and thickness to the product. It is widely used as a pearlizing agent in various personal care products such as shampoos, liquid soaps, and bath and shower gel. As a pearlizing agent has various functions, apart from giving lustrous appearance to cosmetic products, it also hide opaque appearance, which is caused by the poor incorporation of soluble additives, along with this it also improves the foam quality. These functions of glycol stearate helps the manufacturer to cut down total production cost while offering the quality product which is anticipated to increase the traction of the glycol stearate in the market.  It is preferred as an opacifier and emulsifier, which is used in different cosmetic products such as creams, lotions, and conditioners. It also has application in toiletries, which includes hand-cleaners and toothpastes. It is used for people with skin allergies and sensitive skin. Owing to all these application and end uses, the global market of glycol stearate is anticipated to boost over the forecast period.

COVID-19 Impact on Glycol Stearate Market

Covid-19 is expected to cause slowdown in cosmetics and beauty product industry, which will directly hamper the glycol stearate market. Disruption due to coronavirus is evident in many areas, causing ripples from production to distribution to sales. Several trade and fashion shows has been cancelled in Paris, London, Las Vegas, Tokyo and New York, which is directly impacting on brand name and also  affects the customer’s proximity. Market of hand sanitizer, masks, soaps-detergent and toilet paper have their growth prospective in this period, owing to their application as preventive measure in COVID-19 condition. With Italy and France in total lockdown and Germany and the U.K. hit with restrictions, fragrance and cosmetics sales is expected to grow very slowly in this region. Moreover, supply challenges owing to ongoing trade wars and border closures is projected to negatively impact the glycol stearate market. Covid-19 has affected the global economy adversely and would take long time for recovery.

Glycol Stearate Market: Segmentation

The global market of glycol stearate can be segmented on the basis of application, source, product type and end use:

On the basis of application the global market of glycol stearate can be segmented as:

  • Detergents
  • Cosmetics
  • Others

On the basis of source the global market of glycol stearate can be segmented as:

  • Vegetables
  • Animal Fats

On the basis of product type the global market of glycol stearate can be segmented as:

  • Flake
  • Bead 

On the basis on end use the global market of glycol stearate can be segmented as:

  • Emollients
  • Emulsifying Agents
  • Opacifying Agent
  • Surfactants

Glycol Stearate Market: Regional Outlook

Glycol stearate has its high demand from North America region owing to its use in detergents and cosmetic products. North America, is witnessed to have prominent share of detergent market, and increasing application of glycol stearate as a surfactant in detergent it is anticipated to drive the market in this region. Rising disposable income, allows people to invest their money on cosmetics, owing to this region the demand for glycol stearate is rising over the forecast period. Germany is witnessed to have the largest cosmetic market within Europe followed by France and UK. Increasing application of glycol stearate as an emulsifier, emollient, opacifier and surfactant in cosmetic product, the market of glycol stearate is anticipated to boost in European countries.

Glycol Stearate Market: Market Participants

Example of some major key participants in the value chain of global glycol stearate market include are:

  • Solvay
  • Thurs Organics
  • VWR
  • Jeevika Yugchem
  • Greenwell Olechemicals Sdn Bhd
  • Guangzhou Chuangyue Chemical
  • Unichem LLC
  • Zeal Chemicals
  • Shijiazhuang City Horizon Chemical Industry
  • Wellgo Chemical Technology
  • Alpha Chemicals
  • Sigma-Aldrich
  • Huzhou Sifeng Biochem
  • Spectrum Chemical Manufacturing Corp
  • Oceanic Pharmachem

The Glycol Stearate market research report presents a comprehensive assessment of the Glycol Stearate market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Glycol Stearate market research report provides analysis and information according to Glycol Stearate market segments such as geographies, application and industry.

The report covers exhaustive analysis on,

  • Glycol Stearate Market Segments
  • Glycol Stearate  Market Dynamics
  • Glycol Stearate  Market Size
  • Glycol Stearate Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Glycol Stearate market
  • Competition & Companies involved in Glycol Stearate market
  • Technology used in Glycol Stearate Market
  • Value Chain of Glycol Stearate Market

The Glycol Stearate Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Glycol Stearate market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Glycol Stearate market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing Glycol Stearate market dynamics in the industry
  • In-depth Glycol Stearate market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape in Glycol Stearate market
  • Strategies of key players and products offered in Glycol Stearate market
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Glycol Stearate market performance
  • Must-have information for market players to sustain and enhance their market footprint

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.