“Stearic Acid Market” report 2019-2024 provides detailed summary of company competition, market demand, regional forecast, marketing price and new investment feasibility analysis is included of Stearic Acid market. It also covers approximate CAGR, key-players, scope of the report, regional analysis, major market factors of Stearic Acid market, reasons of buying this report and complete TOC of report.
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There are 4 key segments covered in this Stearic Acid Systems Market report:
- Competitor segment
- Product type segment
- End-use/application segment
- Geography segment
Stearic Acid Market by Key Players:
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Scope of the Report:
Key Market Trends:
Increasing Demand from Personal Care Industry
– 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.
– 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.
– Furthermore, the growing awareness for personal health and hygiene along with increasing beauty consciousness is expected to drive the demand for stearic acid over the forecast period.
Asia-Pacific Region 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 significant rate in the region, during the forecast period.
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Stearic Acid Market Covers Following Points in TOC:
- Chapter 1: Stearic Acid Market Definition
- Chapter 2: Research Methodology of Stearic Acid Market
- Chapter 3: Stearic Acid Market Executive Summary
- Chapter 4: Stearic Acid Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Stearic Acid Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Stearic Acid Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Stearic Acid Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Stearic Acid Market
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