Stearic Acids Market Size to Reach USD xx Billion by 2034

Stearic Acids Market Growth, Demand, and Production Forecast 2034

Market analysis indicates that, the global stearic acids market size accounted for USD xx billion in 2024, grew to USD xx billion in 2025, and is expected to be worth around USD xx billion by 2034, poised to grow at a CAGR of xx% between 2025 and 2034.

Last Updated: 06 June 2025 Category: Chemical Manufacturing & Processing Insight Code: 5611 Format: PDF / PPT / Excel

Stearic Acids Market - Global Industry, Analysis, Size, Share, Growth, Trends, and Forecasts 2025-2034

The global tearic acids market was valued at approximately USD xx billion in 2024 and is projected to grow at a CAGR of xx% from 2025 to 2034, reaching a value of USD xx billion by 2034. The personal care and packaging industry have fueled industrial growth in recent years. 

Key Takeaways 

  • By region, Asia Pacific dominated the stearic acids market in 2024, akin to the rapid population increase and expansion of the industries in the current period. 
  • By region, Europe expects significant growth in the market during the predicted period, owing to the increasing focus on natural and eco-friendly products in the current period.
  • By application, the soap and detergents segment held the largest share of the market in 2024, akin to stearic acid is a key ingredient in making soaps and cleaning products.
  • By application, the personal care segment expects a notable rate during the predicted period, owing to more people using skincare and cosmetic products like creams, lotions, shampoos, and makeup.

Market Overview 

From Soaps to Plastic: Stearic acids market Sees Broad Application Growth 

The stearic acids market is expected to experience steady growth owing to the increasing need for things such as rubber, plastic, soaps, and personal care products in the current period. Also, stearic acid is extracted from natural resources like vegetable oil, which can gain significant market potential in the upcoming years as several governments are actively implementing environmentally friendly regulations akin to decreasing carbon footprints in their region. Also, the capability to make products more stable, smooth, and long-lasting, stearic acid has gained heavy industrial attention in recent years. Moreover, the sudden rise in global population is projected to lead to stearic acid growth during the forecast period as per future expectations.

Source: Volza in 2025

https://www.volza.com/p/stearic-acid-sa/export/cod-china/

Which Factor is Driving the Growth of the Stearic Acids Industry?

The increasing demand for beauty and personal care products across the globe is spearheading industry growth in the. Current period. Several individuals have been seen buying products such as soaps, lotion, shampoo, and several creams in recent years. Moreover, the unique properties of steric acid, like smoothness and others, make steric acid an ideal choice for these industries. Also, a sudden increase in the youth population is heavily contributing to industrial growth potential, as is an increase in the personal care trend nowadays. In developing countries, steric acid has gained major market share, akin to increasing industrial needs. Furthermore, the implementation of sustainability initiatives has fueled the industry's growth in recent years.

Market Trends  

  • The sudden expansion in the rubber industry is significantly driving the market growth in the current period. As the demand for rubber softening and improvement of chemical mixing, several manufacturers have actively seen the usage of steric acid in recent years. Also, the adoption of vehicles has heavily contributed to the steric acid industry potential as the use of tires and seals grows at a rapid pace.
  • The growing preference for vegan and plant-based products has driven the market growth over the past few years. Also, several companies are seen using plant oil and palm oil to make stearic acid. Moreover, several governments across the world are actively implementing sustainability policies, which are expected to create beneficial opportunities for the steric acid manufacturing community during the forecast period
  • The heavy usage of plastic and the revolution of the packaging industry have led to the application of steric acid in the current period. From acting as a stabilizer and lubricant, steric acid has made a significant impact in these industries. The regions such as Asia Pacific, North America, and others have observed heavy usage of steric acid in recent years.

Report Scope

Report Attributes Details
Market Size in 2025  USD 2.83 Billion
Market Size by 2034  USD 28.74 Billion
Growth Rate from 2025 to 2034 CAGR 29.36%
Base Year of Estimation 2024
Forecast Period 2025 - 2034
High Impact Region Asia Pacific
Segment Covered By Type, By Region
Key Companies Profiled Emery Oleochemicals, 3F Industries LTD,
New Japan Chemical Co.Ltd.; Oleon NV, Wilmar International, BASF SE, Cayman Chemical,
Pacific Oleochemicals, Sdn. Bhd., Kao Chemicals,
Godrej Industries Limited, VVF (India) Limited,
Bloomberg L.P., Twin Rivers Technologies, Inc.

Market Opportunity

Pharma-Grade Stearic Acid Set to Capture Market Share  

The ongoing expansion of the pharmaceutical sector is expected to create lucrative opportunities for stearic acids market during the forecast period. The pharmaceutical manufacturers are under the heavy usage of steric acid as a lubricant in the production of capsules and tablets. Moreover, as the need for medicines grows across the globe, the pharmaceutical grade steric acid is likely to gain major market share in the coming years. Also, high-purity steric acid can be preferred from this manufacturer for a future period, as per the observation. Also, technological advancement can play a major role in the manufacturing process during the projected period.

Clean Production Investments Rise Amid Raw Material Uncertainty 

The constant price fluctuation of raw materials is expected to hamper the market growth of steric acid during the projected period. The cost of this raw material, like animal fat and palm oil, is observed as fluctuating due to factors like supply chain issues, weather, and trade modern trade policy. Moreover, the raw material, like animal fat, is being subjected to growth barriers, moving to rising ethical concerns, while the palm oil can also face some restrictions due to the ongoing environmental issues. However, manufacturers have increasingly observed making heavy investments in cleaner and environmentally friendly production in recent years.

Regional Insights

Asia Pacific dominated the stearic acids market in 2024, akin to the rapid population increase and expansion of the industries in the current period. Countries such as Indonesia, China, and India have seen a heavy usage of personal care items, soaps, and plastic in recent years. Moreover, the region has a heavy young population, which is contributing to the growth of the market, owing to the sudden shift toward personal care routines over the past few years. Moreover, having advantages such as cheap labor and availability of raw material is anticipated to contribute to the growth of the market in the coming years.  

Why Is China a Major Exporter of Stearic Acid? 

China maintained its dominance in the stearic acids market owing to the presence of enlarged production houses of stearic acids in the current period. As the country has a heavy manufacturing infrastructure for soap, cosmetics, and plastics where stearic acid is considered an essential element. Moreover, China has seen a heavy exporter of stearic acid over the past few years. Also, the favorable government initiatives for the country's exports and production have significantly backed the industry growth in recent years, as per the observation. 

Europe expects significant growth in the market during the predicted period,  owing to the increasing focus on natural and eco-friendly products in the current period. With the increased awareness of environmentally friendly production, several manufacturers in Europe are actively investing in research and development programs for their production line, where it’s soaps or any acids. Moreover, these companies are actively promoting their sustainable product line on different platforms such as social media and others. Thus, plant-based chemicals like stearic acid are expected to gain major market share in the coming years, as per the regional analysis. 
 
What Factors Are Driving Germany’s Dominance in the European Stearic acids market? 

Germany is expected to rise as a dominant country in the European region in the coming years, owing to the enlarged personal care industry in recent years. Also, the manufacturers are actively focusing on quality, sustainability, and safer production in the current period. From the other regional countries, Germany is seen in under enlarged export number in recent years, which is expected to contribute to the industry growth during the forecast period. Also, the governmental or regional support, such as from European Union schemes and benefits, will help German industry to gain major market share in the upcoming years, as per the recent survey. 

Segmental Insights

Type Insights

The soap and detergents segment held the largest share of the market in 2024, akin to stearic acid is a key ingredient in making soaps and cleaning products. It helps soaps become solid, gives them a smooth texture, and helps them clean better. It also helps soap lather well and stay firm, especially in bar soaps. Since people in both cities and villages use soap every day, the demand is very high. Stearic acid is also used in laundry powders and liquid detergents to improve quality. The low cost of stearic acid and its easy availability make it a preferred choice for soap makers. Moreover, the fast growth of the population and better hygiene awareness have boosted soap use across India and other countries. This strong and steady demand has made soaps and detergents the leading segment in the stearic acids market in recent years.  

The personal care segment expects a notable rate during the forecast period, owing to more people using skincare and cosmetic products like creams, lotions, shampoos, and makeup. Stearic acid helps in making these products soft, thick, and smooth. It also helps mix oil and water, which is important in creams and lotions. As more people focus on beauty, grooming, and personal hygiene, especially in growing cities, the demand for these products is increasing fast. Younger generations are also spending more on skincare and wellness items. Stearic acid is gentle on the skin, which makes it suitable for daily-use products. With rising incomes, busy lifestyles, and more awareness of personal care, this segment will likely grow quickly. As a result, manufacturers will use more stearic acid to meet the growing demand, and the personal care segment will become the leading use area in the coming years.

Recent Developments

  • In April 2025, The Dove and Chamberian Coffee introduced their latest product line of plant milk cleaners. This cleaner includes skin-loving ingredients such as lauric acid, nutrient-rich plant milk, and stearic acid as per the company's claim. Also, for this product development, these companies made a strategic collaboration. (Source: beautypackaging )
  • In November 2023, Croda unveiled ingredients for the High SPF and UVA Protection sunscreen. Moreover, this ingredient includes polyglyceryl-4 Laurate, steric acid, and other main ingredients, which allows for high SPF with skin clarity as per the company's claim.(Source: cosmeticsandtoiletries )

Top Companies list

Segment Covered

By Application Type 

  • Soaps & detergents
  • Intermediates
  • Personal Care
  • Rubber Processing
  • Textile
  • Lubricants
  • Other Application

By Region 

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
  • Middle East and Africa (MEA)
    • KSA
    • UAE
    • South Africa
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Saurabh Bidwai, a B.Tech Chemical Engineering graduate with 4+ years of experience, specializes in specialty chemicals, commodity chemicals, and engineered materials, offering valuable insights into market trends and emerging opportunities.

Learn more about Saurabh Bidwai

Aditi Shivarkar, with 14+ years in Chem and Materials market research, specializes in Chem and Materials. She ensures accurate, actionable insights, driving Towards Chem and Materials excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

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