Quick Summary:
In a rapidly shifting global economic landscape, precise intelligence is key to sustained profitability and aggressive growth. The updated Global Stearic Acid Market report is a singular resource encompassing essential, actionable insights to facilitate well-informed business decisions for senior executives.
In the promising stearic acid market currently estimated at US$9.1 billion, the report provides comprehensive analysis covering various segments such as Soaps & Detergents and Intermediates and their future trajectories. It offers a detailed view of the market performance in critical regions including the U.S., China, Japan, Canada, and Germany, providing a global outlook and specific regional strategies. Moreover, the report includes a competitive landscape, enabling a granular understanding of industry position against a roster of 44 relevant competitors. The report is an authoritative tool for aligning your strategy to the market's growth and harnessing untapped opportunities.
Global Stearic Acid Market to Reach $12.2 Billion by 2030
The global market for Stearic Acid estimated at US$9.1 Billion in the year 2022, is projected to reach a revised size of US$12.2 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030. Soaps & Detergents, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Intermediates segment is readjusted to a revised 4.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 5.9% CAGR
The Stearic Acid market in the U.S. is estimated at US$2.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.Select Competitors (Total 44 Featured) -
- 3F Industries Ltd.
- Acme Synthetic Chemicals
- Acme-Hardesty Company
- Emery Oleochemicals Group
- IOI Oleochemicals
- Kuala Lumpur Kepong Berhad
- New Japan Chemical Co., Ltd.
- Nimir Industrial Chemicals Limited
- P&G Chemicals
- Pacific Oleochemicals Sdn. Bhd.
- Protea Chemicals
- Pt Sumi Asih Oleochemical Industry
- PT.Cisadane Raya Chemicals
- Taiko Group of Companies
- The Chemical Company
- VVF LLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Stearic Acid?
What is the growth rate of the Global Market for Stearic Acid?
What is the forecasted size of the Global Market for Stearic Acid?
Who are the key companies in the Global Market for Stearic Acid?
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 9.1 Billion |
| Forecasted Market Value ( USD | $ 12.2 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3F Industries Ltd.
- Acme Synthetic Chemicals
- Acme-Hardesty Company
- Emery Oleochemicals Group
- IOI Oleochemicals
- Kuala Lumpur Kepong Berhad
- New Japan Chemical Co., Ltd.
- Nimir Industrial Chemicals Limited
- P&G Chemicals
- Pacific Oleochemicals Sdn. Bhd.
- Protea Chemicals
- Pt Sumi Asih Oleochemical Industry
- PT.Cisadane Raya Chemicals
- Taiko Group of Companies
- The Chemical Company
- VVF LLC
