Press release
Stearic Acid Market to See 4.42% CAGR Growth to 2021: Growth Factor & Trends
Research analysts forecast the global Stearic Acid market to grow at a CAGR of 4.42% during the period 2017-2021.
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.
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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: North Americas, APAC, Europe, MEA.
Research 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.
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Key vendors – Akzo Nobel, BASF, Godrej Industries, Procter & Gamble, Wilmar International.
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.
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? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Related Reports: -
Tallow Fatty Acids Market Size By Product (Saturated [Stearic Acid, Myristic Acid, Palmitic Acid], Monounsaturated, Polyunsaturated), By End-user (Soaps & Detergents, Rubber, Plastics, Personal Care Products), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024
Tallow Fatty Acids Market size is poised to surpass USD 3 billion; according to a new research report. The global tallow fatty acids market size is positively influenced in the recent years due to e...
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