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Stearic acid is a saturated fatty acid found in various animal and plant fats. It is used in various applications such as skin & hair care products, detergents & soaps, pharmaceuticals, food products, textile sizing, agrochemicals, and rubber processing. It is widely used in the cosmetics products owing to its ability to lower the surface tensions of oils and keep the products potent if stored for longer period. Due to its emulsifying property, it is vastly preferred in the personal care products. The product use in the detergents and soaps is increasing owing to strong surfactants and cleansing properties. Rising demand for the stearic acid in the textile industry for softening the fabric is driving the market growth. Growing healthcare industry is fuelling the product demand for nutritional supplements and reducing visceral fat & inflammation. It is increasingly used in the pharmaceuticals in the tablets, ointments, and suppositories. Stearic acid finds application in the candles in place of paraffin as hardener substance when mixed with sugar and corn syrup. The product consumption in agrochemicals as fungicides, reactive intermediaries, and to enhance viscosity is propelling the market growth.
Competitive AnalysisSome of the prominent players in the global stearic acid market are Wilmar International Ltd (Singapore), Croda International Plc (UK), Akzo Nobel N.V. (Netherlands), Deeno Group (China), Emery Oleochemicals (Malaysia), Godrej Industries (India), Oleon (Belgium), Pacific Oleochemicals Sdn Bhd (Malaysia), Kaula Lumpur Kepong Berhad (Malaysia), kao Corporation (Japan), Cayman Chemical (U.S.), Procter and Gamble (U.S.).
Market Segmentation
The global stearic acid market Share is segmented into applications, and end-use industry, and region.© 2024 Created by PH the vintage. Powered by
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