Stearic Acid Market 2022 technology | Akzo Nobel N.V. (Netherlands), Wilmar International Ltd (Singapore), Croda International Plc (UK)

Stearic Acid Market Overview

Stearic acid is a saturated fatty acid found in various animal and plant fats. It is used in various applications such as skin & hair care products, detergents & soaps, pharmaceuticals, food products, textile sizing, agrochemicals, and rubber processing. It is widely used in cosmetics products owing to its ability to lower the surface tensions of oils and keep the products potent if stored for a longer period. Due to its emulsifying property, it is vastly preferred in personal care products. 

The product used in the detergents and soaps is increasing owing to strong surfactants and cleansing properties. Rising demand for Stearic Acid Market in the textile industry for softening the fabric is driving the market growth. The growing healthcare industry is fuelling the product demand for nutritional supplements and reducing visceral fat & inflammation. It is increasingly used in pharmaceuticals in tablets, ointments, and suppositories. Stearic acid finds application in the candles in place of paraffin as a hardener substance when mixed with sugar and corn syrup. The product consumption in agrochemicals as fungicides, reactive intermediaries, and enhancing viscosity is propelling the market growth.

Competitive Analysis

Some of the prominent players in the global stearic acid market are Wilmar International Ltd (Singapore), Croda International Plc (UK), Akzo Nobel N.V. (Netherlands), Deeno Group (China), Emery Oleochemicals (Malaysia), Godrej Industries (India), Oleon (Belgium), Pacific Oleochemicals Sdn Bhd (Malaysia), Kaula Lumpur Kepong Berhad (Malaysia), kao Corporation (Japan), Cayman Chemical (U.S.), Procter and Gamble (U.S.).

Get a Free Sample PDF Brochure https://www.marketresearchfuture.com/sample_request/5867

Market Segmentation

The global stearic acid market is segmented into applications, and end-use industry, and region.

On the basis of application, the global stearic acid market is divided into cosmetics & personal care, detergents & soaps, food products, pharmaceuticals, textile sizing, rubber processing, agrochemicals, and others.

Based on the end use industry, the global stearic acid market is segmented into personal care, food and beverages, healthcare, textile, automotive, agriculture, and others

Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Get Complete Report for Better Understanding https://www.marketresearchfuture.com/reports/stearic-acid-market-5867

Regional Analysis

Asia Pacific is leading the global stearic acid market owing to expanding consumer base and rising demand for the cosmetics. Increasing spending by the young population on the cosmetics products for personal appearance is propelling the market growth. Additionally, growing demand for the nutritious supplement as a result of rising health concerns among the consumers is stimulating the product demand in this region.

North America and Europe are another prominent regions in the market with growing personal care and healthcare industry coupled with the high purchasing power of the consumers.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

more reports-

Adhesive and Sealant for the Handheld Devices Market - Exclusive Report Study with Forecast to 2030
iCrowdNewswire The surging production of manufacturing and assembling activities is estimated to bolster the adhesives…icrowdnewswire.com
Adsorbents Market Report on Top Manufacturers Business Strategies to 2030
iCrowdNewswire The adsorbents market growth is facilitated by the demand of the material in oil & gas and water…icrowdnewswire.com

https://prwireindia.com/PRDetail/73270/Adsorbents-Market-Report-on-Top-Manufacturers-Business-Strategies-to-2030

Market Research Future

99 Hudson Street,5Th Floor
New York, New York 10013
United States of America

Phone:

+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com


Comments

Post a Comment

Popular posts from this blog

Regulatory Hurdles and Spectrum Access in the Private 5G Market

The private 5G market represents a burgeoning segment within the broader telecommunications industry, focusing on the deployment of 5G networks for private use by enterprises, industries, and organizations. Unlike public 5G networks, which are available to the general public, private 5G networks offer dedicated bandwidth and infrastructure tailored to the specific needs of an organization, providing enhanced security, reliability, and performance. Global private 5G market is expected to be valued at USD 2.0 billion in 2023 and is projected to reach USD 11.8 billion by 2028 ; it is expected to grow at a CAGR of 42.3% from 2023 to 2028 Market Overview The private 5G market is witnessing rapid growth driven by the increasing demand for high-speed, low-latency connectivity that can support advanced applications and the Industrial Internet of Things (Biot). These networks are becoming essential for industries such as manufacturing, logistics, healthcare, and energy, where the need for reli...
Read more

Submarine Cable System Market to grow from USD 18.2 billion in 2024

 Submarine Cable System Market to grow from USD 18.2 billion in 2024 and is expected to reach USD 29.7 billion by 2029, growing at a CAGR of 10.3% from 2024 to 2029. The submarine cable systems market , encompassing a critical infrastructure for global communications and data transfer, has seen significant growth and transformation. As of 2023, this market is valued at several billion dollars, driven by increasing data traffic, the proliferation of cloud services, and the ongoing expansion of internet connectivity worldwide. Market Overview Submarine cable systems are underwater cables laid on the seabed between land-based stations to carry telecommunication signals across stretches of ocean and sea. These cables are pivotal in connecting continents and facilitating international communication, accounting for nearly 99% of global data traffic. Key Drivers Data Traffic Surge : The exponential growth in data consumption, fueled by streaming services, social media, and cloud computing...
Read more

Revolutionizing Industry: The Future of Industrial Control and Factory Automation

The Industrial Control and Factory Automation market is a dynamic and rapidly evolving sector that plays a crucial role in modern manufacturing and production processes. This market encompasses a wide array of technologies, systems, and components designed to enhance industrial operations' efficiency, safety, and reliability. The primary components of this market include control systems, such as Distributed Control Systems (DCS), Programmable Logic Controllers (PLC), Supervisory Control and Data Acquisition (SCADA) systems, Human-Machine Interfaces (HMI), and industrial robots. Additionally, the integration of advanced technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing is significantly transforming the landscape. Market Drivers Technological Advancements: The rapid advancement in AI, IoT, and machine learning is driving the adoption of automation solutions. These technologies enable predictive maintenance, real-time monitoring, and ad...
Read more