Product Code: 978-1-68038-469-7
Stearic Acid Market Growth & Trends:
The global stearic acid market size is estimated to reach USD 17,326.7 million by 2030, registering a CAGR of 5.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing penetration of organic chemicals across personal care products such as shaving creams, shampoos and soaps is expected drive the global market. Benefits such as enhanced shelf life, versatility, excellent binding & thickening properties and stability, as a base for cosmetics are anticipated to strengthen its demand over the forecast period. Powerful surfactant and cleansing properties that assist removal of dirt and oil in the skin are slated to fuel its demand in soaps and detergents. Favorable regulations such as Nutritional Labeling and Education Act (NLEA) of 1990, permitting use of saturated fatty acids in food additives are also expected to impact its demand positively. Hazards related to toxicity coupled with volatile raw material prices are expected to remain a key challenge for market participants.
Soaps & detergents emerged as the largest application segment and accounted for 27.9% of the total market volume in 2024. Growing detergents industry in emerging economies may be attributed for high level of market penetration in the segment.
Stearic Acid Market Report Highlights:
- The global stearic acid market size was valued at USD 12,320.9 million in 2024 and is projected to grow at a CAGR of 5.8% from 2025 to 2030.
- Personal care is projected to witness the fastest growth of 6.4% over the forecast period. Growth of personal care industry in Asia Pacific and Latin America is expected to drive this segment over the forecast period. Surging organic personal care and cosmetic products demand is also estimated to fuel stearic acid demand.
- Growing application scope across various niche segments including metal processing, candle manufacturing, and pharmaceuticals is also expected to drive global stearic acid industry growth in near future.
- Asia Pacific stearic acid market held majority of the global market with a share of 41.8% in 2024. Asia Pacific stearic acid market is characterized by rapid industrialization coupled with rising disposable income level particularly in India, China and Indonesia. These factors may be attributed to the rising product demand across various application segments in the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Stearic Acids Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Industrial Refrigeration/Product Outlook
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis
- 3.3.1. Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Product
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Stearic Acids Market: Application Estimates & Trend Analysis
- 4.1. Stearic Acids Market: Application Movement Analysis, 2023 & 2030
- 4.2. Soaps & Detergents
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Intermediates
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Personal Care
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Rubber Processing
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6. Textile
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.7. Lubricants
- 4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.8. Other Applications
- 4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Stearic Acids Market: Regional Estimates & Trend Analysis
- 5.1. Regional Analysis, 2023 & 2030
- 5.2. North America
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.2.3. U.S.
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.2.4. Canada
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.2.5. Mexico
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.3. Europe
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.3.3. Germany
- 5.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.3.4. UK
- 5.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.3.5. France
- 5.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.3.6. Italy
- 5.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.6.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.3.7. Spain
- 5.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.7.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.4.3. China
- 5.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.4.4. India
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.4.5. Japan
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.4.6. South Korea
- 5.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4.6.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.5. Latin America
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.5.3. Brazil
- 5.5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.5.4. Argentina
- 5.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.6. Middle East & Africa
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.6.3. Saudi Arabia
- 5.6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 5.6.4. South Africa
- 5.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments by Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Heat Map Analysis
- 6.4. Company Market Positioning Analysis, 2024
- 6.5. Strategy Mapping
- 6.6. Company Profiles/Listing
- 6.6.1. Emery Oleochemicals
- 6.6.1.1. Company Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Product Benchmarking
- 6.6.2. 3F Industries LTD
- 6.6.2.1. Company Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Product Benchmarking
- 6.6.3. New Japan Chemical Co. Ltd.
- 6.6.3.1. Company Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Product Benchmarking
- 6.6.4. Oleon NV
- 6.6.4.1. Company Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Product Benchmarking
- 6.6.5. Wilmar International
- 6.6.5.1. Company Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Product Benchmarking
- 6.6.6. BASF SE
- 6.6.6.1. Company Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Product Benchmarking
- 6.6.7. Cayman Chemical
- 6.6.7.1. Company Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. Product Benchmarking
- 6.6.8. Pacific Oleochemicals, Sdn. Bhd.
- 6.6.8.1. Company Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. Product Benchmarking
- 6.6.9. Kao Chemicals
- 6.6.9.1. Company Overview
- 6.6.9.2. Financial Performance
- 6.6.9.3. Product Benchmarking
- 6.6.10. Godrej Industries Limited
- 6.6.10.1. Company Overview
- 6.6.10.2. Financial Performance
- 6.6.10.3. Product Benchmarking
- 6.6.11. VVF (India) Limited
- 6.6.11.1. Company Overview
- 6.6.11.2. Financial Performance
- 6.6.11.3. Product Benchmarking
- 6.6.12. Bloomberg L.P
- 6.6.12.1. Company Overview
- 6.6.12.2. Financial Performance
- 6.6.12.3. Product Benchmarking
- 6.6.13. Twin Rivers Technologies, Inc.
- 6.6.13.1. Company Overview
- 6.6.13.2. Financial Performance
- 6.6.13.3. Product Benchmarking