DUBLIN--(BUSINESS WIRE)--Aug 22, 2018--The "Stearic Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global stearic acid market to grow with a CAGR of 4.1% over the forecast period of 2018-2024.

Rapidly growing personal care product sector is the primary driving factor of the stearic acid market.

In addition, the growing use of stearic acid in the various industries including, automotive, personal care, construction, cleaners and others are likely to boost the growth of the stearic acid market over the forecast period.

However, the low solubility of stearic acid in the water creates the residual film on bathtubs and skin which can cause damage to skin. This is anticipated to hamper the market growth.

Moreover, growing cosmetic industry coupled with cutting edge innovation and creativity can create huge opportunities in the stearic acid market.

Also, The increasing use of stearic acid for the metal cleaning and manufacturing of candles are projected contribute in the growth of stearic acid market in upcoming years.

Among the geographies, Asia Pacific accounts for the largest market share in the market of stearic acid. North America and the Europe region is growing at the significant rate in the stearic acid market.

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Stearic Acid Market Overview

4. Stearic Acid Market Macro Indicator Analysis

5. Global Stearic Acid Market by Raw Material

6. Global Stearic Acid Market by Applications

7. Global Stearic Acid Market by Region 2018-2024

8. Company Profiles

The Chemical Company U.S. Chemicals LLC BASF AkzoNobel Godrej Industries Oleon Emery Oleochemicals Kao Chemicals Pacific Oleochemicals Sdn Bhd VVF LLC Cayman Chemical

For more information about this report visit https://www.researchandmarkets.com/research/x84ctg/stearic_acid?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180822005507/en/

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Related Topics:Cosmetic Chemicals,Oral Care Chemicals,Hair Care Chemicals



SOURCE: Research and Markets

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PUB: 08/22/2018 12:08 PM/DISC: 08/22/2018 12:08 PM