The Global Stearic Acid Market report provides an overview of the industry, including definitions, classifications, applications, and industry chain structure.
Dallas, United States - October 29, 2020 /MarketersMedia/ —
The driving factors influencing the global stearic acid market includes increasing application in personal care products such as soaps, shampoos, and shaving creams. With the increasing demand of organic cosmetic products the demand for the global stearic acid market is expected to project tremendous growth over the forecast period. The global stearic acid market is anticipated to cross USD 12.0 billion by 2025, growing at a CAGR of over 5.0%.
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The global stearic acid market is categorized into several segmentations including end use overview, raw material overview, and regions. Based on the raw material overview, the global stearic acid market is fragmented into Plant Based, Palm Oil/Palm, Kernel Oil, Sunflower Oil, Coconut Oil, and Soyabean Oil. On the basis of end use overview, the global stearic acid market is segregated into Cosmetics, Soaps & detergents, Rubber processing, Lubricants, Textile sizing, and Pharmaceuticals.
On the basis of application overview, the global rainscreen cladding market is classified into Household & Personal Care, Rubber, Automotive, Textile, Healthcare, Agriculture, and Others. Looping on to the regional overview, the global stearic acid market is a wide range to the Middle East and Africa, Egypt, Saudi Arabia, Canada, South Africa, Asia Pacific, Argentina, Mexico, Korea, and Columbia. Leading players of the global stearic acid market include BASF SE, Wilmar International Limited, Kerax Limited, Godrej Industries Limited, Emery Oleochemicals Group, Pacific Oleochemicals Sdn Bhd, and Kao Corporation.
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Key segments of the global stearic acid market
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
Soaps & detergents
Intermediates
Personal Care
Rubber Processing
Textile
Lubricants
Others
Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
North America
US
Canada
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC
Rest of Middle East & Africa
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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