7th Dec 2018 - Global Sodium Stearate Market is expected to gain a positive traction in the predicted period. Stearates are salts or esters of fatty acids produced from a direct reaction of stearic acid with metal oxides and hydroxides. Sodium stearates on the other hand, is one of most important element of commercial soap. Characteristically, the sodium stearate appears as a white or yellowish fine powder with a greasy touch and is slightly soluble in water and in alcohol. Soaps contains sodium stearate with both hydrophilic and hydrophobic components and the carboxylate and hydrocarbon chain particularly. Sodium stearate is used as a major component in soap due to saponification of fats and oils.
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Hence, the percentage of sodium stearate depends on the fat ingredient. Therefore, commercially, the rising significance of sodium stearate market is gaining a positive traction in the predicted period. Factors such as rising demand for stearates for additives in plastic and rubber processing industry. Sodium stearates is widely used across construction, pharmaceutical, textile and personal care industries. Mainly it is used as an ingredient for soap manufacture which in turn is propelling the market demand in the forecast period.
Geographically, the sodium stearate market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC market is likely to grow in the predicted period owing to rise in manufacture of soap industries. North America and Europe is expected to follow the trend owing to rise in import and export for daily commodities. MEA and African market is likely to grow at a steady CAGR in the predicted period owing to rise in use of sodium stearate for soap production.
Market segment by Type, the product can be split into
- Industrial Grade
- Cosmetic Grade
Market segment by Application, Sodium Stearate can be split into
- Soaps & Detergents
- Intermediates
- Personal Care
- Rubber Processing
- Textile
- Others
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The key players in the sodium stearate market include N & M Specialty Chemicals, Toms of Maine, Hallstar, Acme-Hardesty, Allan Chemical Corporation, Sovchem, Triveni Chemical, Faci Asia-Pacific Pte Ltd, Huzhou City Linghu Xinwang, Formosa Organic Chemical, Huzhou City Linghu Xinwang, Chongqing Changfeng, Xiamen Hisunny, Hubei Jusheng and Liyang Ruipu.
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