Stearic Acid 2017 Global Market Expected to Grow at CAGR 4.42% and Forecast to 2021
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New York, NY -- (SBWire) -- 10/12/2017 --The 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:
- Americas
- APAC
- Europe
- MEA
The 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
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?
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Table Of Contents – Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Overview
PART 05: Market landscape
- Global stearic acid market
- Five forces analysis
PART 06: Market by application
- Global stearic acid market segmentation by applications
- Global stearic acid market by soaps and detergents
- Global stearic acid market by intermediates
- Global stearic acid market by rubber processing
- Global stearic acid market by personal care
- Global stearic acid market by textiles
- Global stearic acid by lubricants
- Global stearic acid market by others
PART 07: Geographical segmentation
- Stearic acid market segmentation by geography
- Stearic acid market in APAC
- Stearic acid market in Americas
- Stearic acid market in Europe
- Stearic acid market in MEA
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Use of stearic acid in metal processing and candle manufacturing
- Growing application in lead-acid batteries
- Innovations and R&D activities for developing bio-based products
- Threat of organic products
PART 11: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 12: Key vendor analysis
- Akzo Nobel
- BASF
- Godrej Industries
- Procter & Gamble
- Wilmar International
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