The global demand for Sodium Stearate Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilotons in 2021 and forecast to touch XX Kilotons by 2028 with a CAGR of XX% during 2022-2028.
Sodium stearate is a white solid derived from coconuts. It is made by reacting stearic acid with sodium hydroxide. Sodium stearate can be derived either from edible fats and oils or from distilled food fatty acids. It is a significant component of soaps. Sodium stearate has a wide range of uses in products such as personal care, cosmetics, rubber, food, paints, and inks as an emulsifier, dispersant, thickener, stabilizer, viscosity enhancer, flavor additive, viscosity modifier, lubricant, de-dusting agent, among others. Sodium stearate is often found in deodorant, facial cleanser, shampoo, hair coloring, toothpaste, soap, makeup, body wash, among others
Market Dynamics
World demand for sodium stearate is projected to grow due to expanding consumer base, increasing purchasing power, shifting consumer trends, and changing lifestyle. Booming demand for soaps & detergents, cosmetics, and personal care products majorly drive the growth of the global sodium stearate market. Emerging grooming trends, growing awareness about hygiene, increasing working women population, strengthening distribution chain, and spurring e-commerce are also triggering the market growth. Developing economies are witnessing increased demand for sodium stearate, majorly amplifying market growth. However, trade barriers and weakening economies are hindering the market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of sodium stearate. The growth and trends of Sodium Stearate Industry provide a holistic approach to this study.
Market Segmentation
This section of the sodium stearate market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Industrial Grade
- Cosmetic Grade
By Application
- Soaps & Detergents
- Intermediates
- Personal Care
- Rubber Processing
- Textile
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Sodium Stearate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Sodium Stearate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sodium stearate market include Faci Asia Pacific Pte Ltd, Hallstar, Kao Corporation, Lumega Industries, N&M Specialty Chemicals, Norac Additives, Sovereign Chemicals, Spectrum Chemical Manufacturing Corp, Tokyo Chemical Industry, and Viva Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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