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Global Stearic Acid Market Report 2024

Stearic Acid Global Market Report 2024 – By Feedstock (Animal-Based Raw Materials, Vegetable-Based Raw Materials), By Sales Channel (Direct Sales, Indirect Sales), By End-Use Industry (Agriculture, Automotive, Textiles, Healthcare, Food And Beverages, Personal Care, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2024-2033

Stearic Acid Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Stearic Acid Market Definition

Stearic acid refers to a saturated monobasic acid with an 18-carbon chain length. It is synthesized through the hydrolysis of animal fat or the hydrogenation of cottonseed or vegetable oil. Commercially available stearic acid is usually a mixture of palmitic and myristic acid. Stearic acid finds extensive application in the production of candles, as a softening agent in rubber, and as an additive in manufacturing lubricants.

The main feedstock of stearic acid includes animal-based raw materials and vegetable-based raw materials. Animal-based raw materials for stearic acid are derived from animal fat and commonly sourced from beef or pork. The sales channels are direct and indirect, used for automotive, textiles, healthcare, food and beverages, personal care, and other end-use industries.

Stearic Acid Market Segmentation

The stearic acid market covered in this report is segmented –

1) By Feedstock: Animal-Based Raw Materials, Vegetable-Based Raw Materials

2) By Sales Channel: Direct Sales, Indirect Sales

3) By End-Use Industry: Agriculture, Automotive, Textiles, Healthcare, Food And Beverages, Personal Care, Other End-Use Industries

Global Stearic Acid Market Size 2023 to 2028: Graph

Stearic Acid Market Size 2024 And Growth Rate

The stearic acid market size has grown strongly in recent years. It will grow from $32.80 billion in 2023 to $35.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to growing demand in personal care products, increasing use in food industry, growing construction industry, rise in automotive industry, and growing demand in metal cleaning.

Stearic Acid Market Growth Forecast

The stearic acid market size is expected to see strong growth in the next few years. It will grow to $49.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing use in candle manufacturing, growing demand in pharmaceuticals, increasing use in cosmetics, growing demand in food packaging, and increasing use in textile industry. Major trends in the forecast period include shift towards sustainable and bio-based products, rising popularity of natural and organic personal care products, development of stearic acid-based biodegradable plastics, and enhanced focus on eco-friendly packaging materials.

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Stearic Acid Market Driver: The Impact of Personal Care Product Demand on the Stearic Acid Market

The increasing need for personal care products is expected to propel the growth of the stearic acid market going forward. Personal care products encompass items used for hygiene, grooming, and beautification, including skincare, haircare, oral care, and cosmetics. The increasing need for personal care products is attributed to rising consumer awareness about personal hygiene and grooming, growing disposable incomes, urbanization, and the influence of social media and beauty trends. Stearic acid plays a crucial role in cosmetics by enhancing product stability, texture, and performance. Its emulsifying, thickening, and conditioning properties make it valuable in various skincare, haircare, and personal care products. For instance, in September 2023, according to the Bureau of Labor Statistics, a US-based government agency, personal care products and services increased by 12.3% in 2022 from 19.3% in 2021. Therefore, the increasing need for personal care products drives the stearic acid market.

Global Stearic Acid Market Major Players

Major companies operating in the stearic acid market are Cargill Incorporated, BASF SE, Procter & Gamble, Wilmar International Ltd., Evonik Industries AG, kao Corporation, Musim Mas Group, Stepan Company, Croda International Plc, KLK Oleo, Sinarmas Cepsa Pte. Ltd., Vantage Specialty Chemicals, Godrej Industries Limited, New Japan Chemical Co. Ltd., Oleon NV, Emery Oleochemicals, Spectrum Chemical, Cayman Chemical, Stearinerie Dubois, The Chemical Company, Lascaray S.A., IOI Oleochemical, Acme Synthetic Chemicals, ATAMAN KIMYA, Zanyu Technology Group Co. Ltd.

Global Stearic Acid Market Trend: Innovative Applications Of Non-Ionic Surfactants Derived From Stearic Acid In Cosmetics And Personal Care

Major companies operating in the stearic acid market are focused on developing innovative products, such as non-ionic surfactants, to enhance the performance of personal care and cleaning products. Non-ionic surfactants derived from stearic acid offer excellent emulsifying, foaming, and cleansing properties, making them ideal for use in formulations of shampoos, soaps, detergents, and cosmetics. For instance, in January 2024, Ataman Kimya, a Turkey-based chemical manufacturing company, launched PEG-20 Stearate, a non-ionic surfactant used in cosmetics and personal care products for its emulsifying and solubilizing properties. It enhances the texture and stability of formulations, providing a smooth and consistent feel. PEG-20 Stearate is a reliable emulsifier that stabilizes water and oil blends in cosmetic formulations. Its utility extends notably to hand and body lotions and creams, and it is also featured in select cleansing products designed to cleanse the skin of impurities. PEG-20 Stearate finds application across a spectrum of cosmetic and personal care items, including moisturizing creams, lotions, sunscreens, and various skincare preparations.

Stearic Acid Market Merger And Acquisition: Biosynthetic Technologies Acquires Innoleo To Expand Bio-Based Product Offerings

In January 2022, Biosynthetic Technologies, a US-based chemical manufacturing company, acquired Innoleo for approximately $7.5 million. The acquisition aims to enhance Biosynthetic Technologies' product lineup by including stearic acid and other castor derivatives, broadening their offerings and strengthening their capability to deliver sustainable, high-performance bio-based products across various applications such as lubricants, metalworking fluids, and personal care products. Innoleo is a US-based biosynthetic technologies company that produces stearic acid and a broad range of castor and other oleo derivatives.

Regional Insights For The Global Stearic Acid Market

Asia-Pacific was the largest region in the stearic acid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stearic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the stearic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The stearic acid market consists of sales of natural stearic acid, synthetic stearic acid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The stearic acid market research report is one of a series of new reports from The Business Research Company that provides stearic acid market statistics, including the stearic acid industry global market size, regional shares, competitors with stearic acid market share, detailed stearic acid market segments, market trends, and opportunities, and any further data you may need to thrive in the stearic acid industry. These stearic acid market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Stearic Acid Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $35.52 billion
Revenue Forecast In 2033 $49.46 billion
Growth Rate CAGR of 8.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Feedstock: Animal-Based Raw Materials; Vegetable-Based Raw Materials
2) By Sales Channel: Direct Sales; Indirect Sales
3) By End-Use Industry: Agriculture; Automotive; Textiles; Healthcare; Food And Beverages; Personal Care; Other End-Use Industries
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Cargill Incorporated, BASF SE, Procter & Gamble, Wilmar International Ltd., Evonik Industries AG, kao Corporation, Musim Mas Group, Stepan Company, Croda International Plc, KLK Oleo, Sinarmas Cepsa Pte. Ltd., Vantage Specialty Chemicals, Godrej Industries Limited, New Japan Chemical Co. Ltd., Oleon NV, Emery Oleochemicals, Spectrum Chemical, Cayman Chemical, Stearinerie Dubois, The Chemical Company, Lascaray S.A., IOI Oleochemical, Acme Synthetic Chemicals, ATAMAN KIMYA, Zanyu Technology Group Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Stearic Acid Market Characteristics

    3. Stearic Acid Market Trends And Strategies

    4. Stearic Acid Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Stearic Acid Market Size and Growth

    5.1. Global Stearic Acid Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Stearic Acid Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Stearic Acid Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Stearic Acid Market Segmentation

    6.1. Global Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Animal-Based Raw Materials

    Vegetable-Based Raw Materials

    6.2. Global Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Direct Sales

    Indirect Sales

    6.3. Global Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Agriculture

    Automotive

    Textiles

    Healthcare

    Food And Beverages

    Personal Care

    Other End-Use Industries

    7. Stearic Acid Market Regional And Country Analysis

    7.1. Global Stearic Acid Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Stearic Acid Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Stearic Acid Market

    8.1. Asia-Pacific Stearic Acid Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Stearic Acid Market

    9.1. China Stearic Acid Market Overview

    9.2. China Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Stearic Acid Market

    10.1. India Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Stearic Acid Market

    11.1. Japan Stearic Acid Market Overview

    11.2. Japan Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Stearic Acid Market

    12.1. Australia Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Stearic Acid Market

    13.1. Indonesia Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Stearic Acid Market

    14.1. South Korea Stearic Acid Market Overview

    14.2. South Korea Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Stearic Acid Market

    15.1. Western Europe Stearic Acid Market Overview

    15.2. Western Europe Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Stearic Acid Market

    16.1. UK Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Stearic Acid Market

    17.1. Germany Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Stearic Acid Market

    18.1. France Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Stearic Acid Market

    19.1. Italy Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Stearic Acid Market

    20.1. Spain Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Stearic Acid Market

    21.1. Eastern Europe Stearic Acid Market Overview

    21.2. Eastern Europe Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Stearic Acid Market

    22.1. Russia Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Stearic Acid Market

    23.1. North America Stearic Acid Market Overview

    23.2. North America Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Stearic Acid Market

    24.1. USA Stearic Acid Market Overview

    24.2. USA Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Stearic Acid Market

    25.1. Canada Stearic Acid Market Overview

    25.2. Canada Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Stearic Acid Market

    26.1. South America Stearic Acid Market Overview

    26.2. South America Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Stearic Acid Market

    27.1. Brazil Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Stearic Acid Market

    28.1. Middle East Stearic Acid Market Overview

    28.2. Middle East Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Stearic Acid Market

    29.1. Africa Stearic Acid Market Overview

    29.2. Africa Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Stearic Acid Market Competitive Landscape And Company Profiles

    30.1. Stearic Acid Market Competitive Landscape

    30.2. Stearic Acid Market Company Profiles

    30.2.1. Cargill Incorporated

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. BASF SE

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Procter & Gamble

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Wilmar International Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Evonik Industries AG

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Stearic Acid Market Other Major And Innovative Companies

    31.1. kao Corporation

    31.2. Musim Mas Group

    31.3. Stepan Company

    31.4. Croda International Plc

    31.5. KLK Oleo

    31.6. Sinarmas Cepsa Pte. Ltd.

    31.7. Vantage Specialty Chemicals

    31.8. Godrej Industries Limited

    31.9. New Japan Chemical Co. Ltd.

    31.10. Oleon NV

    31.11. Emery Oleochemicals

    31.12. Spectrum Chemical

    31.13. Cayman Chemical

    31.14. Stearinerie Dubois

    31.15. The Chemical Company

    32. Global Stearic Acid Market Competitive Benchmarking

    33. Global Stearic Acid Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Stearic Acid Market

    35. Stearic Acid Market Future Outlook and Potential Analysis

    35.1 Stearic Acid Market In 2028 - Countries Offering Most New Opportunities

    35.2 Stearic Acid Market In 2028 - Segments Offering Most New Opportunities

    35.3 Stearic Acid Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Stearic Acid Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Stearic Acid Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Cargill Incorporated Financial Performance
  • Table 75: BASF SE Financial Performance
  • Table 76: Procter & Gamble Financial Performance
  • Table 77: Wilmar International Ltd. Financial Performance
  • Table 78: Evonik Industries AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Stearic Acid Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Stearic Acid Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Stearic Acid Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Stearic Acid Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Stearic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Cargill Incorporated Financial Performance
  • Figure 75: BASF SE Financial Performance
  • Figure 76: Procter & Gamble Financial Performance
  • Figure 77: Wilmar International Ltd. Financial Performance
  • Figure 78: Evonik Industries AG Financial Performance

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Frequently Asked Questions

What is the definition of the Stearic Acid market?

Stearic acid refers to a saturated monobasic acid with an 18-carbon chain length. It is synthesized through the hydrolysis of animal fat or the hydrogenation of cottonseed or vegetable oil. Commercially available stearic acid is usually a mixture of palmitic and myristic acid. Stearic acid finds extensive application in the production of candles, as a softening agent in rubber, and as an additive in manufacturing lubricants. For further insights on the Stearic Acid market, request a sample here

How will the Stearic Acid market drivers and restraints affect the Stearic Acid market dynamics? What forces will shape the Stearic Acid industry going forward?

The Stearic Acid market major growth driver - The Impact of Personal Care Product Demand on the Stearic Acid Market. For further insights on the Stearic Acid market, request a sample here

What is the forecast market size or the forecast market value of the Stearic Acid market?

The stearic acid market size has grown strongly in recent years. It will grow from $32.80 billion in 2023 to $35.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to growing demand in personal care products, increasing use in food industry, growing construction industry, rise in automotive industry, and growing demand in metal cleaning. The stearic acid market size is expected to see strong growth in the next few years. It will grow to $49.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing use in candle manufacturing, growing demand in pharmaceuticals, increasing use in cosmetics, growing demand in food packaging, and increasing use in textile industry. Major trends in the forecast period include shift towards sustainable and bio-based products, rising popularity of natural and organic personal care products, development of stearic acid-based biodegradable plastics, and enhanced focus on eco-friendly packaging materials. For further insights on the Stearic Acid market, request a sample here

How is the Stearic Acid market segmented?

The Stearic Acid market is segmented
1) By Feedstock: Animal-Based Raw Materials, Vegetable-Based Raw Materials
2) By Sales Channel: Direct Sales, Indirect Sales
3) By End-Use Industry: Agriculture, Automotive, Textiles, Healthcare, Food And Beverages, Personal Care, Other End-Use IndustriesFor further insights on the Stearic Acid market, request a sample here

Which region has the largest share of the Stearic Acid market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the stearic acid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stearic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Stearic Acid market, request a sample here.

Who are the major players in the Stearic Acid market?

Major companies operating in the stearic acid market are Cargill Incorporated, BASF SE, Procter & Gamble, Wilmar International Ltd., Evonik Industries AG , kao Corporation , Musim Mas Group, Stepan Company, Croda International Plc, KLK Oleo, Sinarmas Cepsa Pte. Ltd., Vantage Specialty Chemicals, Godrej Industries Limited, New Japan Chemical Co. Ltd., Oleon NV, Emery Oleochemicals, Spectrum Chemical, Cayman Chemical, Stearinerie Dubois, The Chemical Company, Lascaray S.A., IOI Oleochemical, Acme Synthetic Chemicals, ATAMAN KIMYA, Zanyu Technology Group Co. Ltd. For further insights on the Stearic Acid market, request a sample here.

What are the key trends in the Stearic Acid market?

Major trend in the Stearic Acid market - Innovative Applications Of Non-Ionic Surfactants Derived From Stearic Acid In Cosmetics And Personal Care. For further insights on the Stearic Acid market, request a sample here.

What are the major opportunities in the Stearic Acid market? What are the strategies for the Stearic Acid market?

For detailed insights on the major opportunities and strategies in the Stearic Acid market, request a sample here.

How does the Stearic Acid market relate to the overall economy and other similar markets?

For detailed insights on Stearic Acid market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Stearic Acid industry?

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What are the key dynamics influencing the Stearic Acid market growth? SWOT analysis of the Stearic Acid market.

For detailed insights on the key dynamics influencing the Stearic Acid market growth and SWOT analysis of the Stearic Acid industry, request a sample here.