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Global Stearic Acid Market (2021-2026) by Raw Material, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 165 Pages
  • April 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5392917
The Global Stearic Acid Market is estimated to be USD 33.5 Bn in 2021 and is expected to reach USD 50.77 Bn by 2026, growing at a CAGR of 8.67%.



Market Dynamics

The various properties of stearic acid such as having surfactant, emulsifying and cleansing properties, stearic acid are used in the manufacturing of soaps, shampoo, and other personal care and cosmetic products. In addition, it is used in rubber production for internal lubrication and adhesion. Growing application of stearic acid in various industries such as candle manufacturing, metal processing, textile sizing, pharmaceutical, and automotive industry have further driven the market growth. Rapid industrialization and e-commerce have fuelled market growth. However, fluctuating prices of raw materials and hazardous effects on prolonged use of stearic acid are anticipated to hamper the market growth.

The increasing trend of biodegradable products is anticipated to create new opportunities for the market, during the forecast period.

Market Segmentation

The Global Stearic Acid Market is segmented further based on Raw Material, Application, and Geography.

By Raw Material, the market is classified into animal-based and vegetable-based. Amongst the two, the animal-based segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as soaps and detergents, personal care, textiles, lubricants, rubber processing, and others. Amongst all, the personal care segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Company Profiles

Some of the companies covered in this report The Chemical Company, 3F Industries Ltd, AkzoNobel, Godrej Industries, Cayman Chemical, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?
  • The report offers a comprehensive evaluation of the Global Stearic Acid Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Stearic Acid Market

What is the estimated value of the Global Stearic Acid Market?

The Global Stearic Acid Market was estimated to be valued at $33500 Million in 2021.

What is the growth rate of the Global Stearic Acid Market?

The growth rate of the Global Stearic Acid Market is 8.6%, with an estimated value of $50770 Million by 2026.

What is the forecasted size of the Global Stearic Acid Market?

The Global Stearic Acid Market is estimated to be worth $50770 Million by 2026.

Who are the key companies in the Global Stearic Acid Market?

Key companies in the Global Stearic Acid Market include The Chemical Company, 3F Industries Ltd, AkzoNobel, BASF SE, Bramble Berry Inc., Cayman Chemical, Chant Oil Co., Ltd., Deeno Group and Godrej Industries.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing demand for sustainable and biodegradable products
4.1.2 Wide application in personal care products
4.2 Restraints
4.2.1 Toxic and hazardous effects due to high concentration
4.2.2 Animal fat products restriction by the government
4.3 Opportunities
4.3.1 Petrochemical dependency decline
4.3.2 Increasing investment in 100% bio-based products development
4.4 Challenges
4.4.1 Volatile raw material prices
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Stearic Acid Market, By Raw Material
6.1 Introduction
6.2 Animal-based
6.3 Vegetable-based
7 Global Stearic Acid Market, By Application
7.1 Introduction
7.2 Soaps and Detergents
7.3 Personal Care
7.4 Textiles
7.5 Lubricants
7.6 Rubber Processing
7.7 Others
8 Global Stearic Acid Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 South America
8.3.1 Brazil
8.3.2 Argentina
8.3.3 Chile
8.3.4 Colombia
8.4 Europe
8.4.1 UK
8.4.2 France
8.4.3 Germany
8.4.4 Italy
8.4.5 Spain
8.4.6 Netherlands
8.4.7 Sweden
8.4.8 Russia
8.4.9 Rest of Europe
8.5 Asia-Pacific
8.5.1 China
8.5.2 Japan
8.5.3 India
8.5.4 Indonesia
8.5.5 Malaysia
8.5.6 South Korea
8.5.7 Australia
8.5.8 Sri Lanka
8.5.9 Thailand
8.5.10 Rest of APAC
8.6 Middle-East and Africa
8.6.1 Qatar
8.6.2 Saudi Arabia
8.6.3 South Africa
8.6.4 United Arab Emirates
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 The Chemical Company
10.2 3F Industries Ltd
10.3 AkzoNobel
10.4 BASF SE
10.5 Bramble Berry Inc.
10.6 Cayman Chemical
10.7 Chant Oil Co., Ltd.
10.8 Deeno Group
10.9 Emery Oleochemicals
10.10 Godrej Industries
10.11 IOI Oleo GmbH
10.12 Kerax Limited
10.13 KLK Oleo
10.14 Merck KGaA
10.15 New Japan Chemical Co. Ltd
10.16 Nimir Industrial Chemicals Limited
10.17 Pacific Oleochemicals Sdn, Bhd
10.18 Parchem
10.19 Procter & Gamble Co
10.20 U.S. Chemicals LLC
10.21 Unilever
10.22 VVF LLC
10.23 Wilmar International Limited
11 Appendix
11.1 Questionnaire

Companies Mentioned

  • The Chemical Company
  • 3F Industries Ltd
  • AkzoNobel
  • BASF SE
  • Bramble Berry Inc.
  • Cayman Chemical
  • Chant Oil Co., Ltd.
  • Deeno Group
  • Emery Oleochemicals
  • Godrej Industries
  • IOI Oleo GmbH
  • Kerax Limited
  • KLK Oleo
  • Merck KGaA
  • New Japan Chemical Co. Ltd
  • Nimir Industrial Chemicals Limited
  • Pacific Oleochemicals Sdn, Bhd
  • Parchem
  • Procter & Gamble Co
  • U.S. Chemicals LLC
  • Unilever
  • VVF LLC
  • Wilmar International Limited