Press release
Increasing industrial growth in Stearic Acid Market 2017-2021
About Stearic Acid
Stearic acid is a waxy solid saturated fatty acid that contains 18-carbon chain. It naturally occurs in coconut oil, palm kernel oil, animal and vegetable fats, and in the milk of several mammals. The chemical formula of stearic acid is C17H35CO2H. Commercially used stearic acid is a mixture of approximately equal amounts of stearic and palmitic acid and small amounts of oleic acid. It is mainly used in the manufacturing soaps and detergents and cosmetics such as shampoos, shaving products, and creams.
Technavios analysts forecast the global stearic acid market to grow at a CAGR of 4.42% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global stearic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Stearic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Akzo Nobel
BASF
Godrej Industries
Procter & Gamble
Wilmar International
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Other prominent vendors
3F GROUP
Cayman Chemical
Chemceed
Croda International
Deeno Group
Emery Oleochemicals
IOI Corporation Berhad
Jarchem Industries
Kao
KLK OLEO
Nimir Industrial Chemicals
Nissan Chemical America Corporation
Oleon
Pacific Oleo Chemicals
Stepan
TAIKO KIKAI INDUSTRIES
VVF
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Market driver
Increasing industrial growth in APAC, Latin America, and MEA
For a full, detailed list, view our report
Market challenge
Volatility in raw material prices
For a full, detailed list, view our report
Market trend
Use of stearic acid in metal processing and candle manufacturing
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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