Bull Run Continues for the US Ethoxylated Tridecyl Alcohol Market, February Data Shows
- 19-Feb-2025 5:30 PM
- Journalist: Nina Jiang
Entering February 2025, the Ethoxylated Tridecyl Alcohol market exhibited bullish trend, with FOB Illinois prices rising by 0.9%. This upward movement in FOB Illinois prices for Ethoxylated Tridecyl Alcohol was a direct result of several converging factors, impacting both supply and demand dynamics within the US market. The sustained and consistent demand for Ethoxylated Tridecyl Alcohol, primarily driven by the personal care sector, has significantly impacted inventory levels. This reduction in available Ethoxylated Tridecyl Alcohol has created a tighter market, allowing sellers to leverage favorable conditions and increase their pricing targets for February. The robust demand stemmed from the versatile nature of Ethoxylated Tridecyl Alcohol as an emulsifier, solubilizer, and emollient in various personal care products, contributing to their stability and moisturizing properties.
The current market situation for Ethoxylated Tridecyl Alcohol was characterized by moderate to high operating rates among domestic producers. This reflected the ongoing strong demand, which continues to outpace supply. Adding to the upward pressure, the prices of raw materials, Fatty Alcohol and Ethylene Oxide, also rose significantly, keeping the manufacturing expenses elevated for Ethoxylated Tridecyl Alcohol.
The downstream personal care sector, a major consumer of Ethoxylated Tridecyl Alcohol, demonstrated resilience in January 2025, despite a general slowdown in consumer spending after the holiday season. While overall retail sales experienced a slight month-over-month decline, year-over-year growth remained strong, suggesting underlying consumer confidence. Specifically, the health and personal care store sector showcased robust performance, with sales increasing by 0.77% month-over-month and a significant 10.39% year-over-year growth. This steady demand for personal care products directly translated to sustained demand for key ingredients like Ethoxylated Tridecyl Alcohol.
Recent performance reports of beauty and personal care brands talk about the market movement of this sector. Prestige beauty saw a 7% year-over-year growth in 2024, with fragrance leading the charge. Mass-market beauty also exhibited growth, albeit at a more moderate pace (3%). Within the hair care segment, sales expanded by 9% in the prestige market and the growth in body care outpaced facial skincare. This demonstrates the robust demand for personal care products containing Ethoxylated Tridecyl Alcohol. The strong performance of the personal care market, all point to high and consistent demand for this key ingredient, which acts as an emulsifier, solubilizer, and emollient in many personal care products.
As per ChemAnalyst, the outlook for Ethoxylated Tridecyl Alcohol prices in the USA remains optimistic in the near term. The continued strength in the personal care sector, coupled with the persistent pressure on raw material costs, suggested that prices for Ethoxylated Tridecyl Alcohol are likely to remain firm, or even experience further modest increases. The resilient demand from the beauty and personal care sector for Ethoxylated Tridecyl Alcohol, combined with the ongoing upward pressure from rising raw material costs, pointed towards a continued period of positive price movement for this key ingredient.