The size of the world butyl stearate market was estimated at US$ 4.56 billion in 2021 and is predicted to reach US$ 5.18 billion in 2022. The overall demand for the butyl stearate market is projected to rise at a steady CAGR of 4 percent to 4.8 percent between 2022 and 2032, reaching a total of roughly US$ 9.42 Bn by 2032.
This is due in part to butyl stearate’s growing adoption across a variety of industries, including cosmetics personal care, textiles, and food beverages. Butyl Stearate is an organic chemical compound belonging to the family of alkyl esters of fatty acids.
Butyl stearate is the butyl ester of stearic acid, it is also known by the names such as Octadecanoic acid, Butyl octadecanoic, N-Butyl stearate, etc. Butyl Stearate is synthesized by the reaction of stearic acid with butyl alcohol. Butyl stearate has inimitable properties such as low viscosity and high stability. Owing to its distinguished properties, it forms a hydrophobic, non-greasy film when used for skin care.
Butyl Stearate is usually in the form of oily liquids or waxy solids. Butyl Stearate is finding its application in various industries as a plasticizer in plastic and polymer processing, and as an emollient in cosmetics personal care products such as skin creams, lotions lipsticks, etc.
Butyl Stearate Market: Key Developments
Examples of some of the market participants operating in the global butyl stearate market are:
Pacific Texchem Private Limited., Jacob Stern Sons, Inc., Mohini Organics Pvt Ltd, AA FratelliParodi Spa, AcarKimya A.S., Fine Organics, Nayakem Organics Pvt. Ltd., Allan Chemical Corporation, Green Biologics Ltd, and Penta Manufacturing Company among others.
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Butyl Stearate Market: Segmentation
The global butyl stearate market can be segmented on the basis of form, grade, application and by end-use.
The global butyl stearate market is segmented on the basis of its form:
- Oily liquid
- Waxy solid
The global butyl stearate market is segmented on the basis of its grade:
- Technical Grade (40-60%)
- Cosmetic/Pharma Grade (≥99%)
The global butyl stearate market is segmented on the basis of its application:
- Emollient
- Plasticizers
- Flavoring agent
- Solvent
- Lubricant
The global butyl stearate market is segmented on the basis of its end-use:
- Cosmetics Personal Care
- Plastics Polymers
- Metalworking
- Food Beverages
- Textile
Butyl Stearate Market: Regional Outlook
Highly escalated population growth and increased spending capabilities especially in countries such as China and India are estimated to boost the growth of the cosmetics personal care industry along with the food beverage industry.
Also, the increased inclination towards better looks style has hiked up the consumption of cosmetics and personal care products in the Asia Pacific region, owing to which Asia Pacific makes a promising market for butyl stearate.
