Stearyl Alcohol Market Size, Share, Growth Analysis, By End User(Cosmetics & personal care, Pharmaceuticals, Food & beverages), By Application(Emulsion stabilizer, Fragrance ingredient, Foam booster, Viscosity modifier), By Region - Industry Forecast 2024-2031

Stearyl Alcohol Market Driver

Increasing demand of Sterile Alcohol in many industries

• Stearyl alcohol has a wide range of applications such as personal care, cosmetics, pharmaceuticals, and food & beverages. Stearyl alcohol is used in the pharmaceutical industry to manufacture hand sanitizers, oral mouthwashes, sterile pads, and eardrops. Also, increasing demand for the product due to its high evaporation rate and low toxicity, and increasing use of the product in the personal care and cosmetic industry are some of the major factors driving the demand for stearyl alcohol and fuelling the growth of the global stearyl alcohol market.

High use of stearyl alcohol in the cosmetic industry

• Stearyl alcohol is highly used in cosmetic and personal care products. Increasing demand for cosmetics and personal care products is expected to drive global stearyl alcohol market. Increased consumer spending for hair care products such as hair creams and shampoos is major factor for market expansion.

Stearyl Alcohol Market Restraint

Disadvantages associated with stearyl alcohol

• High doses of sterile alcohol can cause tumours which will act as a major restraint of global stearyl alcohol market. Also, some side effects of sterile alcohol can be burning, stinging, redness or irritation. All these disadvantages related to stearyl alcohol hampers market growth.