Cetyl Palmitate Market

By Product Type;

Shampoos & Conditioners, Creams & Lotions, and Lipsticks & Lip Balms

By Type;

Reagent-Grade and Industrial-Grade

By Hair Type;

Emulsifier, Skin Conditioner, and Stabilizer

By End-Use;

Cosmetics & Personal Care, Pharmaceutical Industry, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn481617050 Published Date: June, 2025 Updated Date: July, 2025

Introduction

Global Cetyl Palmitate Market (USD Million), 2021 - 2031

In the year 2024, the Global Cetyl Palmitate Market was valued at USD 488.81 million. The size of this market is expected to increase to USD 744.75 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Cetyl Palmitate Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 488.81 Million
Market Size (2031)USD 744.75 Million
Market ConcentrationMedium
Report Pages307
488.81
2024
744.75
2031

Major Players

  • Sigma-Aldrich Co. LLC
  • Fine Organics
  • Twiwan Njc Corporation., Ltd
  • Kraft Chemical Company
  • Croda International Plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cetyl Palmitate Market

Fragmented - Highly competitive market without dominant players


The global market for cetyl palmitate encompasses industries involved in its manufacturing, sale, and consumption. Derived from cetyl alcohol and palmitic acid, cetyl palmitate finds extensive use across various sectors, notably in personal care, pharmaceuticals, industrial applications, and cosmetics.

In the personal care and cosmetics sector, cetyl palmitate serves as a versatile ingredient, functioning as an emollient, emulsifier, and thickening agent. It is prominently featured in skincare products like creams, lotions, and lipsticks, where it enhances product texture, provides a smooth feel, and delivers moisturizing properties. Its ability to nourish and protect the skin makes it a preferred choice in formulations aimed at improving skin health and appearance.

Within the pharmaceutical industry, cetyl palmitate is valued for its emollient and skin-conditioning properties, making it suitable for use in topical formulations such as ointments and creams. Its non-toxic nature and compatibility with various active ingredients enhance its appeal for dermatological applications, where it helps in soothing and moisturizing the skin effectively.

Overall, the demand for cetyl palmitate across these sectors underscores its importance as a functional ingredient known for its beneficial effects on skin health and formulation versatility. As consumer preferences for skincare and pharmaceutical products continue to evolve towards safer and more effective solutions, cetyl palmitate remains a pivotal component in meeting these demands effectively.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Type
    3. Market Snapshot, By Hair Type
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Cetyl Palmitate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand in Cosmetics & Personal Care
        2. Increasing Focus on Natural Ingredients
      2. Restraints
        1. Fluctuations in Palm Oil Prices
        2. Sustainability Concerns
      3. Opportunities
        1. Growth in Developing Regions
        2. Innovation in New Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Cetyl Palmitate Market, By Product Type, 2021 - 2031 (USD Million)
      1. Shampoos & Conditioners
      2. Creams & Lotions
      3. Lipsticks & Lip Balms
    2. Cetyl Palmitate Market, By Type, 2021 - 2031 (USD Million)

      1. Reagent-Grade

      2. Industrial-Grade

    3. Cetyl Palmitate Market, By Hair Type, 2021 - 2031 (USD Million)
      1. Emulsifier
      2. Skin Conditioner
      3. Stabilizer
    4. Cetyl Palmitate Market, By End-Use, 2021 - 2031 (USD Million)

      1. Cosmetics & Personal Care

      2. Pharmaceutical Industry

      3. Others

    5. Cetyl Palmitate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sigma-Aldrich Co. LLC
      2. Fine Organics
      3. Twiwan Njc Corporation., Ltd
      4. Kraft Chemical Company
      5. Croda International Plc
  7. Analyst Views
  8. Future Outlook of the Market