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 : January, 2023 | Chemical & Materials

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

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5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?