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Stearic Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Stearic Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global stearic acid market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global stearic acid market to grow with a CAGR of 4.1% over the forecast period of 2018-2024. The study on stearic acid market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Stearic acid is also known as octadecanoic acid that is basically a saturated fatty acid with an 18-carbon backbone. The stearic acid is in the white solid form and has a mild odor. The stearic acid is derived from a plants and the animal fats.
Rapidly growing personal care product sector is the primary driving factor of the stearic acid market. Stearic acid mainly used in the personal care products such as shampoo, soaps and others as they have enhanced the shelf life of the product as well as it offers binding, stability, versatility and thickening properties. The stearic acid has surfactant & cleansing properties because of that they are vastly used as the raw materials in the soap and detergent production. In addition, the growing use of stearic acid in the various industries including, automotive, personal care, construction, cleaners and others are likely to boost the growth of the stearic acid market over the forecast period. However, the low solubility of stearic acid in the water creates the residual film on bathtubs and skin which can cause damage to skin. This is anticipated to hamper the market growth.
Moreover, growing cosmetic industry coupled with cutting edge innovation and creativity can create huge opportunities in the stearic acid market. Also, The increasing use of stearic acid for the metal cleaning and manufacturing of candles are projected contribute in the growth of steric acid market in upcoming years.
Among the geographies, Asia Pacific accounts for the largest market share in the market of stearic acid. Rapidly growing industrialization, rising demand for personal care products are escalating the growth of the steric acid market in the Asia Pacific region. North America and the Europe region is growing at the significant rate in the stearic acid market. Steady growth of personal care products such as shampoo, soaps and others in these region drives the market of stearic acid in North America and Europe region.
The report on stearic acid market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global stearic acid market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global stearic acid market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global stearic acid market is segmented on the basis of source and applications.

Global Stearic Acid Market by Source
Animal-based
Plant-based
Global Stearic Acid Market by Applications
Personal Care
Soaps & Detergents
Rubber Processing
Intermediates
Textile
Lubricants
Others

Company Profiles
The Chemical Company
U.S. Chemicals LLC
BASF
AkzoNobel
Godrej Industries
Oleon
Emery Oleochemicals
Kao Chemicals
acific Oleochemicals Sdn, Bhd
VVF LLC
Cayman Chemical
Others

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of stearic acid market.
2. Complete coverage of all the segments in stearic acid market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global stearic acid market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on stearic acid market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global stearic acid market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. stearic acid market Highlights
2.2. stearic acid market Projection
2.3. stearic acid market Regional Highlights
3. Global Stearic Acid Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Raw Material
3.4.2. IGR-Growth Matrix Analysis by Applications
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value chain stearic acid market
3.6. Import-Export data matrix
4. stearic acid market macro indicator analysis
5. Global Stearic Acid Market by Raw Material
5.1. Animal-based
5.2. Vegetable-based
6. Global Stearic Acid Market by Applications
6.1. Personal Care
6.2. Soaps & Detergents
6.3. Rubber Processing
6.4. Textile
6.5. Lubricants
6.6. Others
7. Global Stearic Acid Market by Region 2018-2024
7.1. North America
7.1.1. North America Stearic Acid Market by Raw Material
7.1.2. North America Stearic Acid Market by Applications
7.1.3. North America Stearic Acid Market by Country
7.2. Europe
7.2.1. Europe Stearic Acid Market by Raw Material
7.2.2. Europe Stearic Acid Market by Applications
7.2.3. Europe Stearic Acid Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Stearic Acid Market by Raw Material
7.3.2. Asia-Pacific Stearic Acid Market by Applications
7.3.3. Asia-Pacific Stearic Acid Market by Country
7.4. RoW
7.4.1. RoW Stearic Acid Market by Raw Material
7.4.2. RoW Stearic Acid Market by Applications
7.4.3. RoW Stearic Acid Market by Sub-region
8. Company profiles and competitive landscape
8.1. Competitive Landscape in the Global Stearic Acid Market
8.2. Companies Profiles
8.2.1. U.s. Chemicals Llc
8.2.1.1. Overview
8.2.1.2. Company Snapshot
8.2.1.3. Financial Snapshot
8.2.1.4. Product portfolio
8.2.1.5. Recent developments
8.2.2. Basf
8.2.2.1. Overview
8.2.2.2. Company Snapshot
8.2.2.3. Financial Snapshot
8.2.2.4. Product portfolio
8.2.2.5. Recent developments
8.2.3. Akzonobel
8.2.3.1. Overview
8.2.3.2. Company Snapshot
8.2.3.3. Financial Snapshot
8.2.3.4. Product portfolio
8.2.3.5. Recent developments
8.2.4. Godrej Industries
8.2.4.1. Overview
8.2.4.2. Company Snapshot
8.2.4.3. Financial Snapshot
8.2.4.4. Product portfolio
8.2.4.5. Recent developments
8.2.5. Oleon
8.2.5.1. Overview
8.2.5.2. Company Snapshot
8.2.5.3. Financial Snapshot
8.2.5.4. Product portfolio
8.2.5.5. Recent developments
8.2.6. Emery Oleochemicals
8.2.6.1. Overview
8.2.6.2. Company Snapshot
8.2.6.3. Financial Snapshot
8.2.6.4. Product portfolio
8.2.6.5. Recent developments
8.2.7. Kao Chemicals
8.2.7.1. Overview
8.2.7.2. Company Snapshot
8.2.7.3. Financial Snapshot
8.2.7.4. Product portfolio
8.2.7.5. Recent developments
8.2.8. Vvf Llc
8.2.8.1. Overview
8.2.8.2. Company Snapshot
8.2.8.3. Financial Snapshot
8.2.8.4. Product portfolio
8.2.8.5. Recent developments
8.2.9. Acific Oleochemicals Sdn, Bhd
8.2.9.1. Overview
8.2.9.2. Company Snapshot
8.2.9.3. Financial Snapshot
8.2.9.4. Product portfolio
8.2.9.5. Recent developments
8.2.10. Cayman Chemical
8.2.10.1. Overview
8.2.10.2. Company Snapshot
8.2.10.3. Financial Snapshot
8.2.10.4. Product portfolio
8.2.10.5. Recent developments
9. Appendix
9.1. Primary research findings and questionnaire

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