Report overview
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
This report aims to provide a comprehensive presentation of the global market for Stearic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stearic Acid. This report contains market size and forecasts of Stearic Acid in global, including the following market information:
Global Stearic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Stearic Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Stearic Acid companies in 2022 (%)
The global Stearic Acid market was valued at US$ 6878.7 million in 2022 and is projected to reach US$ 9359.6 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Benefits such as enhanced shelf life, versatility, and stability as a base for cosmetics are expected to be critical aspects of industry growth in near future. Additionally, it acts as an excellent binder and thickening agent for personal care products. Powerful cleansing and surfactant properties that facilitate removal of oil and dirt in the skin are projected to strengthen demand in cosmetics and detergent applications. High demand in personal care and soaps & detergents as the surfactant is anticipated to foster product penetration in these segments in next few years. Growing application scope in several niche segments including candle manufacturing, metal processing, and dietary supplements is also expected to bolster industry growth over the forecast period.
We surveyed the Stearic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stearic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Stearic Acid Market Segment Percentages, by Type, 2022 (%)
Pressing Method
Hydrogenation Method
Global Stearic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Stearic Acid Market Segment Percentages, by Application, 2022 (%)
Soaps & Detergents
Personal Care
Rubber Processing
Textile
Lubricants
Others
Global Stearic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Stearic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stearic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Stearic Acid revenues share in global market, 2022 (%)
Key companies Stearic Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Stearic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Godrej Industries
Procter & Gamble
Wilmar International
3F GROUP
Cayman Chemical
Chemceed
Deeno Group
Emery Oleochemicals
Outline of Major Chapters:
Chapter 1: Introduces the definition of Stearic Acid, market overview.
Chapter 2: Global Stearic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Stearic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Stearic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Stearic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
