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Stearic Acid-Global Market Insights and Sales Trends 2024
Synopsis
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
The global Stearic Acid market size is expected to reach US$ 9505.3 million by 2029, growing at a CAGR of 4.7% from 2023 to 2029. The market is mainly driven by the significant applications of Stearic Acid in various end use industries. The expanding demands from the Soaps & Detergents, Personal Care, Rubber Processing and Textile, are propelling Stearic Acid market. Pressing Method, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hydrogenation Method segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Stearic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Stearic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Stearic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Stearic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Stearic Acid covered in this report include BASF, Godrej Industries, Procter & Gamble, Wilmar International, 3F GROUP, Cayman Chemical, Chemceed, Deeno Group and Emery Oleochemicals, etc.
The global Stearic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Godrej Industries
Procter & Gamble
Wilmar International
3F GROUP
Cayman Chemical
Chemceed
Deeno Group
Emery Oleochemicals
Global Stearic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Stearic Acid market, Segment by Type:
Pressing Method
Hydrogenation Method
Global Stearic Acid market, by Application
Soaps & Detergents
Personal Care
Rubber Processing
Textile
Lubricants
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Stearic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Stearic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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
The global Stearic Acid market size is expected to reach US$ 9505.3 million by 2029, growing at a CAGR of 4.7% from 2023 to 2029. The market is mainly driven by the significant applications of Stearic Acid in various end use industries. The expanding demands from the Soaps & Detergents, Personal Care, Rubber Processing and Textile, are propelling Stearic Acid market. Pressing Method, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hydrogenation Method segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Stearic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Stearic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Stearic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Stearic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Stearic Acid covered in this report include BASF, Godrej Industries, Procter & Gamble, Wilmar International, 3F GROUP, Cayman Chemical, Chemceed, Deeno Group and Emery Oleochemicals, etc.
The global Stearic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Godrej Industries
Procter & Gamble
Wilmar International
3F GROUP
Cayman Chemical
Chemceed
Deeno Group
Emery Oleochemicals
Global Stearic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Stearic Acid market, Segment by Type:
Pressing Method
Hydrogenation Method
Global Stearic Acid market, by Application
Soaps & Detergents
Personal Care
Rubber Processing
Textile
Lubricants
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Stearic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Stearic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Stearic Acid Market Overview
1.1 Stearic Acid Product Overview
1.2 Stearic Acid Market Segment by Type
1.2.1 Pressing Method
1.2.2 Hydrogenation Method
1.3 Global Stearic Acid Market Size by Type
1.3.1 Global Stearic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Stearic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Stearic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Stearic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Stearic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Stearic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Stearic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Stearic Acid Sales Breakdown by Type (2018-2023)
2 Global Stearic Acid Market Competition by Company
2.1 Global Top Players by Stearic Acid Sales (2018-2023)
2.2 Global Top Players by Stearic Acid Revenue (2018-2023)
2.3 Global Top Players by Stearic Acid Price (2018-2023)
2.4 Global Top Manufacturers Stearic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Stearic Acid Market Competitive Situation and Trends
2.5.1 Stearic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Stearic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Stearic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Stearic Acid Market
2.8 Key Manufacturers Stearic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Stearic Acid Status and Outlook by Region
3.1 Global Stearic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Stearic Acid Historic Market Size by Region
3.2.1 Global Stearic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Stearic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Stearic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Stearic Acid Forecasted Market Size by Region
3.3.1 Global Stearic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Stearic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Stearic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Stearic Acid by Application
4.1 Stearic Acid Market Segment by Application
4.1.1 Soaps & Detergents
4.1.2 Personal Care
4.1.3 Rubber Processing
4.1.4 Textile
4.1.5 Lubricants
4.1.6 Others
4.2 Global Stearic Acid Market Size by Application
4.2.1 Global Stearic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Stearic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Stearic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Stearic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Stearic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Stearic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Stearic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Stearic Acid Sales Breakdown by Application (2018-2023)
5 North America Stearic Acid by Country
5.1 North America Stearic Acid Historic Market Size by Country
5.1.1 North America Stearic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Stearic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Stearic Acid Sales in Value by Country (2018-2023)
5.2 North America Stearic Acid Forecasted Market Size by Country
5.2.1 North America Stearic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Stearic Acid Sales in Value by Country (2024-2029)
6 Europe Stearic Acid by Country
6.1 Europe Stearic Acid Historic Market Size by Country
6.1.1 Europe Stearic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Stearic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Stearic Acid Sales in Value by Country (2018-2023)
6.2 Europe Stearic Acid Forecasted Market Size by Country
6.2.1 Europe Stearic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Stearic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Stearic Acid by Region
7.1 Asia-Pacific Stearic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Stearic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Stearic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Stearic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Stearic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Stearic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Stearic Acid Sales in Value by Region (2024-2029)
8 Latin America Stearic Acid by Country
8.1 Latin America Stearic Acid Historic Market Size by Country
8.1.1 Latin America Stearic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Stearic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Stearic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Stearic Acid Forecasted Market Size by Country
8.2.1 Latin America Stearic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Stearic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Stearic Acid by Country
9.1 Middle East and Africa Stearic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Stearic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Stearic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Stearic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Stearic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Stearic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Stearic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Stearic Acid Products Offered
10.1.5 BASF Recent Development
10.2 Godrej Industries
10.2.1 Godrej Industries Company Information
10.2.2 Godrej Industries Introduction and Business Overview
10.2.3 Godrej Industries Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Godrej Industries Stearic Acid Products Offered
10.2.5 Godrej Industries Recent Development
10.3 Procter & Gamble
10.3.1 Procter & Gamble Company Information
10.3.2 Procter & Gamble Introduction and Business Overview
10.3.3 Procter & Gamble Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Procter & Gamble Stearic Acid Products Offered
10.3.5 Procter & Gamble Recent Development
10.4 Wilmar International
10.4.1 Wilmar International Company Information
10.4.2 Wilmar International Introduction and Business Overview
10.4.3 Wilmar International Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Wilmar International Stearic Acid Products Offered
10.4.5 Wilmar International Recent Development
10.5 3F GROUP
10.5.1 3F GROUP Company Information
10.5.2 3F GROUP Introduction and Business Overview
10.5.3 3F GROUP Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 3F GROUP Stearic Acid Products Offered
10.5.5 3F GROUP Recent Development
10.6 Cayman Chemical
10.6.1 Cayman Chemical Company Information
10.6.2 Cayman Chemical Introduction and Business Overview
10.6.3 Cayman Chemical Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cayman Chemical Stearic Acid Products Offered
10.6.5 Cayman Chemical Recent Development
10.7 Chemceed
10.7.1 Chemceed Company Information
10.7.2 Chemceed Introduction and Business Overview
10.7.3 Chemceed Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Chemceed Stearic Acid Products Offered
10.7.5 Chemceed Recent Development
10.8 Deeno Group
10.8.1 Deeno Group Company Information
10.8.2 Deeno Group Introduction and Business Overview
10.8.3 Deeno Group Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Deeno Group Stearic Acid Products Offered
10.8.5 Deeno Group Recent Development
10.9 Emery Oleochemicals
10.9.1 Emery Oleochemicals Company Information
10.9.2 Emery Oleochemicals Introduction and Business Overview
10.9.3 Emery Oleochemicals Stearic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Emery Oleochemicals Stearic Acid Products Offered
10.9.5 Emery Oleochemicals Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Stearic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Stearic Acid Industrial Chain Analysis
11.4 Stearic Acid Market Dynamics
11.4.1 Stearic Acid Industry Trends
11.4.2 Stearic Acid Market Drivers
11.4.3 Stearic Acid Market Challenges
11.4.4 Stearic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Stearic Acid Distributors
12.3 Stearic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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