PUBLISHER: Grand View Research | PRODUCT CODE: 1751327
PUBLISHER: Grand View Research | PRODUCT CODE: 1751327
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.