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"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Stearic Acid market. Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Stearic Acid market." Stearic acid is a waxy solid saturated fatty acid that contains 18-carbon chain. It naturally occurs in coconut oil, palm kernel oil, animal and vegetable fats, and in the milk of several mammals. The chemical formula of stearic acid is C17H35CO2H. Commercially used stearic acid is a mixture of approximately equal amounts of stearic and palmitic acid and small amounts of oleic acid. It is mainly used in the manufacturing soaps and detergents and cosmetics such as shampoos, shaving products, and creams Benefits such as enhanced shelf life, versatility, and stability as a base for cosmetics are expected to be critical aspects of industry growth in near future. Additionally, it acts as an excellent binder and thickening agent for personal care products. Powerful cleansing and surfactant properties that facilitate removal of oil and dirt in the skin are projected to strengthen demand in cosmetics and detergent applications. High demand in personal care and soaps & detergents as the surfactant is anticipated to foster product penetration in these segments in next few years. Growing application scope in several niche segments including candle manufacturing, metal processing, and dietary supplements is also expected to bolster industry growth over the forecast period. Asia Pacific stearic acid market accounted for most of the total demand in 2017 and is projected to witness the fastest growth on account of rapid industrialization. Growing demand for personal care, detergents and plastics maybe attributed to high growth in the region. Emerging economies such as India, China, and South Korea are slated to emerge as major consumers, complementing market growth. The global Stearic Acid market is valued at 6890 million US$ in 2018 is expected to reach 9950 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025. This report focuses on Stearic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Stearic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report. The following manufacturers are covered: BASF Godrej Industries Procter & Gamble Wilmar International 3F GROUP Cayman Chemical Chemceed Deeno Group Emery Oleochemicals Segment by Regions North America Europe China Japan Segment by Type Fractionation Pressing Method Hydrogenation Method Segment by Application Soaps & Detergents Intermediates Personal Care Rubber Processing Textile Lubricants Others
Table of Contents Executive Summary 1 Stearic Acid Market Overview 1.1 Product Overview and Scope of Stearic Acid 1.2 Stearic Acid Segment by Type 1.2.1 Global Stearic Acid Production Growth Rate Comparison by Type (2014-2025) 1.2.2 Fractionation 1.2.3 Pressing Method 1.2.4 Hydrogenation Method 1.3 Stearic Acid Segment by Application 1.3.1 Stearic Acid Consumption Comparison by Application (2014-2025) 1.3.2 Soaps & Detergents 1.3.3 Intermediates 1.3.4 Personal Care 1.3.5 Rubber Processing 1.3.6 Textile 1.3.7 Lubricants 1.3.8 Others 1.4 Global Stearic Acid Market by Region 1.4.1 Global Stearic Acid Market Size Region 1.4.2 North America Status and Prospect (2014-2025) 1.4.3 Europe Status and Prospect (2014-2025) 1.4.4 China Status and Prospect (2014-2025) 1.4.5 Japan Status and Prospect (2014-2025) 1.5 Global Stearic Acid Market Size 1.5.1 Global Stearic Acid Revenue (2014-2025) 1.5.2 Global Stearic Acid Production (2014-2025) 2 Global Stearic Acid Market Competition by Manufacturers 2.1 Global Stearic Acid Production Market Share by Manufacturers (2014-2019) 2.2 Global Stearic Acid Revenue Share by Manufacturers (2014-2019) 2.3 Global Stearic Acid Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Stearic Acid Production Sites, Area Served, Product Types 2.5 Stearic Acid Market Competitive Situation and Trends 2.5.1 Stearic Acid Market Concentration Rate 2.5.2 Stearic Acid Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global Stearic Acid Production Market Share by Regions 3.1 Global Stearic Acid Production Market Share by Regions 3.2 Global Stearic Acid Revenue Market Share by Regions (2014-2019) 3.3 Global Stearic Acid Production, Revenue, Price and Gross Margin (2014-2019) 3.4 North America Stearic Acid Production ... | read more...