Global Stearic Acids Market - Segmented by Raw Material, by Feedstock, by Application, and Geography - Growth, Trends, and Forecasts (2018 - 2023)

  • ID: 4514894
  • Report
  • Region: Global
  • 148 pages
  • Mordor Intelligence
until Mar 31st 2019
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  • 3F Industries Ltd
  • Chant Oil Co. Ltd
  • Emery Oleochemicals
  • Kuala Lumpur Kepong (KLK)
  • Pacific Oleo
  • MORE
The stearic acids market is expected to witness a moderate growth during the forecasted period, 2018-2023. Asia-Pacific is expected to be the largest market during the forecast period due to the prominent regional industry in countries such as China, India, and Japan, during the forecast period.

Increasing Need for Personal Care Products

Stearic acids are fatty acids that are derived from animal or vegetable fat oils after hydrogenation. It is widely used in the personal care and cosmetics industry as a surfactant and emulsifying agent. Stearic acid is generally used for the production of stearates, such as sodium stearate, magnesium stearate or calcium stearate, which is a component of personal care products. It is used in more than 3200 skincare and hair care products in recent times. Furthermore, the growing awareness for personal health and hygiene along with increasing beauty consciousness is expected to drive the demand of stearic acid over the forecast period.

Robust Usage in Soaps and Detergents Application

Stearic acid has large number of applications in the soaps & detergent. It primarily fulfils the role of a thickener and a hardener, which helps the soap bar to retain its shape. It is because of stearic acid that soap particles are able to attach to dirt particles, loosening them so that they can be washed away with water. Hence, the growth for stearic acid market is expected to be moderate in soaps and detergents in the coming years.

Asia-Pacific to Dominate the Market

The detergent and cosmetics industry is expected to contribute majorly in the use of stearic acid in the region. The market is supported by the leading global giants situated in the region, such as L’Oreal, Procter & Gamble, Henkel, Unilever, and more. These companies are likely to expand production with growing needs and demand for cosmetics and detergents. The strong and robust cosmetics industry is driven by cutting edge in innovation and creativity. With the various R&D, expansions and investments in cosmetic products, the market for stearic acid is expected to grow at a moderate rate in the region, during the forecast period.

Major Players: Kuala Lumpur Kepong (KLK), IOI Oleochemicals, VVF LLC, Pacific Oleo, and P&G, amongst others.

Reason to Purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

Which application is expected to dominate the market

Which regions are expected to witness fastest growth during the forecast period

Identifying the latest developments, market shares and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet in excel

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Note: Product cover images may vary from those shown
2 of 5


  • 3F Industries Ltd
  • Chant Oil Co. Ltd
  • Emery Oleochemicals
  • Kuala Lumpur Kepong (KLK)
  • Pacific Oleo
  • MORE
1. Introduction
1.1 Research Phases
1.2 Scope of the Report
1.3 Study Deliverables

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness- Porters Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition

4. Market Dynamics
4.1 Drivers
4.1.1 Incraesing Needs for Personal Care products
4.1.2 Rapid Growth of Cleaners and Detergents Industry
4.1.3 Continuous Growth of Automotive and Construction Segments
4.2 Constraints
4.2.1 Potential Carcinogen at Higher Concentrations
4.2.2 Volatile Raw Material Prices
4.3 Opportunities
4.3.1 Developing Economies in ASEAN Countries
4.3.2 Other Opportunities

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Feedstock
5.1.1 Animal-based raw materials
5.1.2 Vegetable-based raw materials
5.2 By Application
5.2.1 Soaps & Detergents
5.2.2 Personal Care
5.2.3 Textiles
5.2.4 Lubricants
5.2.5 Rubber Processing
5.2.6 Others

6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Thailand
6.1.6 Malaysia
6.1.7 Indonesia
6.1.8 Australia & New Zealand
6.1.9 Rest of Asia-Pacific
6.2 Europe
6.2.1 Germany
6.2.2 UK
6.2.3 France
6.2.4 Spain
6.2.5 Italy
6.2.6 Rest of Europe
6.3 North America
6.3.1 USA
6.3.2 Canada
6.3.3 Mexico
6.3.4 Rest of North America
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 UAE
6.5.4 Rest of Middle East & Africa

7. Future of the Market

8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players

9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
9.1 IOI Oleochemicals
9.2 Kuala Lumpur Kepong (KLK)
9.4 PT.Cisadane Raya Chemicals
9.5 Pacific Oleo
9.6 Taiko
9.8 Emery Oleochemicals
9.9 Acme Synthetic Chemicals
9.10 Acme-Hardesty Paras Polymer & Chemicals
9.11 New Japan Chemical Co. Ltd
9.12 Nimir Industrial Chemicals Limited
9.13 Chant Oil Co. Ltd
9.14 Protea Chemicals
9.15 3F Industries Ltd
9.16 The Chemical Company
9.17 Rugao City Shuangma Chemical Co. Ltd
9.18 Dongma
9.19 Ruixing
9.20 P&G
*List not Exhaustive

10. Disclaimer
** Subject to availability on public Domain
Note: Product cover images may vary from those shown
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4 of 5
  • IOI Oleochemicals
  • Kuala Lumpur Kepong (KLK)
  • PT.Cisadane Raya Chemicals
  • Pacific Oleo
  • Taiko
  • Emery Oleochemicals
  • Acme Synthetic Chemicals
  • Acme-Hardesty Paras Polymer & Chemicals
  • New Japan Chemical Co. Ltd
  • Nimir Industrial Chemicals Limited
  • Chant Oil Co. Ltd
  • Protea Chemicals
  • 3F Industries Ltd
  • The Chemical Company
  • Rugao City Shuangma Chemical Co. Ltd
  • Dongma
  • Ruixing
  • P&G
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown