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: August, 2025 Updated Date: September, 2025

Cetyl Palmitate Market Overview

Cetyl Palmitate Market (USD Million)

Cetyl Palmitate Market was valued at USD 488.81 million in the year 2024. 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 Cetyl Palmitate Market is growing steadily, driven by its broad use in personal care, cosmetic, and pharmaceutical applications. Nearly 50% of its demand comes from skincare, where it serves as a reliable emollient and thickening agent. Its ability to improve texture and product stability supports its rising adoption in high-quality formulations.

Rising Use in Cosmetic Applications
More than 45% of cosmetic brands utilize cetyl palmitate in creams, lotions, and makeup products. Its moisturizing and smoothening properties enhance skin feel and user satisfaction, reflecting the growing focus on premium cosmetic experiences. This demand highlights its integral role in beauty and personal care products.

Adoption in Pharmaceutical Formulations
Around 35% of pharmaceutical formulations employ cetyl palmitate as a stabilizer and lubricant. Its biocompatibility and ability to aid in controlled drug release make it valuable in capsules, ointments, and topical solutions. The shift toward safe, multifunctional excipients continues to drive its integration in drug development.

Innovation in Product Development
Over 30% of new launches in pharma and personal care include cetyl palmitate to improve product performance. Manufacturers are focusing on natural sourcing and advanced formulation techniques to enhance sustainability. These innovations are expanding its applications across different industries while meeting evolving consumer expectations.

  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