Stearic Acid Market evaluates the market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is fragmented into different segments with the insightful analysis of each segment with respect to the geography for the study period. Based on the historical data, the report evaluation future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.
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.
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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.
Major Table Of Contents:
1. Introduction
2. Executive Summary
3. Market Analysis Of Stearic Acid
4. Stearic Acid Market Analysis By Applications
5. Stearic Acid Market Analysis By Region
6. Competitive Landscape Of Stearic Acid Companies
7. Company Profiles Of Stearic Acid Industry
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