Press release
Stearic Acid Market (COVID-19) to Witness Astonishing Growth by Forecast 2020-2027 |BASF SE, Bramble Berry Inc., Cayman Chemical, Godrej Industries Limited, Kao Corporation, Kerax Limited
Stearic Acid
Stearic acid is basically a waxy solid saturated fatty acid occurring in palm kernel oil, coconut oil, in the milk of several mammals, and in some other animal fats. Commercial stearic acid is a mixture of approximately equal amounts of stearic as well as palmitic acids and small amounts of oleic acid. It is mainly utilized in the manufacturing of detergents, cosmetics including shampoos and shaving products, and soaps. Esters of stearic acid coupled with ethylene glycol & glycol distearate are majorly utilized to develop the pearly effect in cosmetic products, shampoos, and soaps, among others. In addition to that, detergents are prepared from quaternary alkylammonium derivatives of stearic acid. Stearic acid is further utilized in lubricants, release agents, and also softening agents. For instance, lithium stearate is a prime component of grease. It is also utilized as a softening agent in castor oil for textile sizing. Stearte salts, including calcium, cadmium, lead, and zinc, among others, are used for softening PVC and as release agents in the production of automobile tires.
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The COVID-19 outbreak is currently going the world over, the Stearic Acid market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Stearic Acid market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).
The report offers key drivers that propel the growth in the global Stearic Acid market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
The research report by The Insight Partners, titled, “Stearic Acid Market”, offers a comprehensive analysis of key growth drivers, key segments, development strategies, market opportunities, and competitive landscape. This study offers detailed insights for market players, investors, stakeholders, and new entrants to understand the industry dynamics and determine strategic steps to gain a competitive advantage.
The stearic acid market has witnessed a significant growth owing to factors such as wider application in cosmetics, soaps & detergents, rubber processing, lubricants, textile sizing, pharmaceuticals, and others for various end-use industries, such as household & personal care, rubber, automotive, textile, healthcare, agriculture, and others. The demand for stearic acid has been experienced a steady rise in the past few years, and this trend is anticipated to continue in the upcoming years as well. The major reason for this is the wide range of application products that can be produced from stearic acid. The application products of stearic acid include detergents, lubricants, cleaners, hardener for candies, and production of plasticizer alcohols, among others.
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List of the Top Key Players of Stearic Acid Market:
1. BASF SE
2. Bramble Berry Inc.
3. Cayman Chemical
4. Godrej Industries Limited
5. Kao Corporation
6. Kerax Limited
7. Pacific Oleochemicals SDN BHD
8. Procter and Gamble Co
9. The Chemical Company (TCC)
10. Wilmar International Limited
This report focuses on the global Stearic Acid market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Stearic Acid market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
The recent research report on the global Stearic Acid Market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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