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Stearic Acid Market: Focus on Industry, Growth, Size, Share, Dynamic Research Analysis

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Global Stearic Acid Market Size 2018-2025 to emphasis, understand and forecast the share of the hot sauce industry based on production, row material supply chain, component, deployment mode, delivery technique, application, vertical, price trends.
Adroit Market Research
Global Stearic Acid Market
Dynamics, Application Share, Growth, Vendor
Competition, Trends and Forecast 2018-2025
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Global Stearic Acid Market
• The global stearic acid market is likely to reach from USD XXX billion to USD XXX billion, at a CAGR of XX% during the
forecast period. It is also popularly known as octadecanoic acid, and is a long-chain fatty acid commonly available. It is
a wax like solid product, saturated fatty acid without vegetable oil and animal fat. Generally, it is obtained from palm
oil, but other sources like corn are also used. For production, animal fat or vegetable oils undergo the hydrogenation
action with water at high temperature and pressure. Commercial product is mixture of oleic acid, palmitic, and stearic
acid.
• Latest study of stearic acid market trend has indicated that more than 3000 consumer products, like hair care and skin
care use it as raw material. Also, the increasing awareness towards personal care, personal health and beauty products
is expected to impact the stearic acid market size growth. However, the instability in raw material supply for
petrochemical and vegetable oils alongside with toxic waste hazard might impact the overall growth of the industry. It
is also said that excessive consumption of concentrated products might cause health issues like liver issues, cancer and
others. Another influencing factor for growth is the new technical innovations happening across various sections.
• Stearic acid is widely used in personal care merchandises like soaps, shampoos, and shaving creams. It gives versatility,
stability, and thickening, binding and increased the shelf life of products. It also has surfactant that has cleansing
properties, helping in cleaning oil and dirt removal.
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Global Stearic Acid Market
• Due to this feature it is a preferred raw material in body care like soap and production of detergent powders.
Stearic acid market size has a large contribution from the soap industry. Stearic acid acts as thickener and a
hardener and hence helps in keeping soap particles and dirt particles together. Thus, whenever soap is washed
the dust to get washed away with water.
• Global stearic acid market also is growing due to some additional factors like dietary supplements, metal
processing, candle manufacturing, and pharmaceutical industry. Growing consciousness among users for dietary
supplements to maintain good health and hygiene will help in growth of stearic acid market size over the
forecast period.
• The Global stearic acid market is segmented on the basis of Application and region. With respect to the
application it is divided as Personal Care, Lubricants, Fuel Additives, Soaps & Detergents, Rubber Processing and
many others. Based on region it can be divided as North America, Europe, Latin America, Asia Pacific, Middle
East and Africa. Asia-Pacific is leading and is expected to keep on leading in terms of market share owing to
growing spending power of the people. People in developing countries have started spending more on health
care, personal care products. Asia-Pacific is followed by North America and Europe.
• The major players of the global stearic acid market are U.S chemical company, Wilmar international, BASF, P&G,
Kao Chemicals, Oleon and many others.
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Global Stearic Acid Market
Segmentation
The various segments of global stearic acid market are,
• Applications
•
•
•
•
•
Personal Care
Lubricants
Fuel Additives
Soaps & Detergents
Rubber Processing
• By Regional
•
•
•
•
•
North America
Europe
Latin America
Asia Pacific
Middle East and Africa.
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Global Stearic Acid Market
What to expect from the upcoming report on ‘global stearic acid market’:
- Future prospects and current trends of the global stearic acid market by the end of forecast period (2018-2025)
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities,
policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine
future strategies.
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market report @
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