Stearic acid is a solid wax like long chain of saturated fatty acid. It is usually found more in animal fat than in vegetable fat. It primarily occurs as a mixed triglyceride which is colourless and completely insoluble in water. Commercial stearic acid is composed of equal amounts of natural stearic acid and palmitic acids. Stearic acid when used in cosmetics, plays the role of hardener or thickener.
Stearic acid is used in making various essential items like skin cleansers, cosmetics, shaving soaps, candles, lubricants and pharmaceuticals. It can act a surfactant and softening agent. Because it is inexpensive and benign, there are various derived uses of stearic acid. Some of its niche uses include making plaster castings and molds from clay, lead acid batteries.
Depending on its area of application, stearic acid is used in soaps and detergents, as intermediates, personal care products, rubber processing, textiles, lubricants and others. Owing to high-expected growth of developing economies and increasing consumer demand for automobiles and personal care products, the stearic acid market is expected to remain strong in near future. The increasing demand for oil and gas industry, plastics and coating products will drive its growth. However, due to its toxicity and carcinogenic properties, the growth of stearic acid market may get hampered.
Increasing industrial growth in Asia Pacific, Latin America and Middle East and Africa will drive demand for stearic acid in these markets. In addition, North America and Europe will witness steady demand for the forecasted period.
The prominent market players manufacturing stearic acid include P&G Chemicals, VVF LLC, the Chemical Company, Croda International, Jarchem Industries, Nissan Chemicals and other small regional companies.
Decision Databases is involved in providing research reports and company profiles in the global stearic acid market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The stearic acid market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our stearic acid profiles.
SEGMENTATIONS IN REPORT:
Stearic Acid By Application
1. INTRODUCTION TO THE STEARIC ACID MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF STEARIC ACID
4. STEARIC ACID MARKET ANALYSIS BY APPLICATIONS
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