Top 50 Companies in Industrial Grade Stearic Acid Market: Statistics Report Till 2035
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Industrial Grade Stearic Acid Market Size is projected to Grow from USD 3.78 Billion in 2024 to USD 6.38 Billion by 2035, at a CAGR of 4.87% during the forecast period 2025–2035. Rising demand for a variety of products, such as plastics, rubber, personal care, textiles, and medications, is the main driver of this expansion.
Introduction
The Industrial Grade Stearic Acid Market Size refers to the global industry focused on the production, distribution, and application of stearic acid a saturated fatty acid used in various industrial processes. The widespread usage of industrial-grade stearic acid in the production of personal care products is one of the main drivers of the market's expansion. Stearic acid adds stability and improves texture when used as a thickening agent in soaps, lotions, and creams. The demand for high-quality stearic acid has increased significantly due to growing awareness of personal grooming and a surge in demand for skincare products, particularly in emerging nations. The move in personal care formulations toward natural and sustainable ingredients has also boosted the demand for plant-based stearic acid. The expansion of the market is also significantly influenced by the rubber sector. Stearic acid, which functions as an activator for accelerating chemicals, is crucial to the vulcanization of rubber. The manufacturing of tires and other rubber goods has increased as a result of the automotive industry's explosive growth, especially in emerging nations.
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Industrial Grade Stearic Acid Market Size & Statistics
- The Market Size for Industrial Grade Stearic Acid Was Estimated to be worth USD 3.78 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 4.87% between 2025 and 2035.
- The Global Industrial Grade Stearic Acid Market Size is anticipated to reach USD 6.38 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Industrial Grade Stearic Acid Market
- Asia-Pacific is expected to grow the fastest during the forecast period in the Industrial Grade Stearic Acid Market.
Regional growth and demand
Asia-Pacific is expected to grow the fastest during the forecast period in the industrial grade stearic acid market. Consumer products, construction, and the automobile industry are just a few of the end-user sectors that are expanding significantly in nations like China and India. The region's market is further boosted by the strong manufacturing base, raw material availability, and advantageous government policies that encourage industrial expansion. Growing disposable income and growing consumer awareness of personal grooming and hygiene have greatly increased demand for personal care goods.
North America is expected to generate the highest demand during the forecast period in the industrial grade stearic acid market. Stearic acid use in this area has increased dramatically due to the presence of large pharmaceutical and personal care businesses as well as the growing need for premium and sustainable ingredients. The need for high-purity stearic acid is further supported by the strict regulatory requirements pertaining to the efficacy and safety of industrial chemicals.
Top 5 trends in the Industrial Grade Stearic Acid Market
- Shift toward bio-based and sustainable stearic acid
- Expanded use in rubber, plastics, and automotive industries
- Technological advancements and process automation
- Rising demand from cosmetics and personal care sectors
- Growth of emerging markets in Asia-Pacific
1. Shift toward bio-based and sustainable stearic acid
Manufacturers are increasingly adopting bio-based and plant-derived stearic acid to address environmental concerns and cater to the demand for greener products. This transition results in improved sustainability across supply chains and aligns with global eco-friendly initiatives.
2. Expanded use in rubber, plastics, and automotive industries
Industrial grade stearic acid’s role as a lubricant and processing aid is critical in rubber and plastics production, especially for automotive and packaging applications. Its unique chemical properties help improve product flexibility, durability, and performance.
3. Technological advancements and process automation
Advances in refining, synthesis, and production automation have enabled manufacturers to produce higher-purity stearic acid more efficiently and with reduced environmental impact. These innovations enhance output quality and reduce operational costs.
4. Rising demand from cosmetics and personal care sectors
With continued growth in lotions, soaps, and shampoos, the cosmetics industry’s need for emulsifiers and stabilizers like stearic acid increases. This trend supports both volume growth and a focus on high-purity, safe ingredients.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the industrial grade stearic acid market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Industrial Grade Stearic Acid Market
- BASF SE
- Wilmar International Ltd.
- Godrej Industries
- Emery Oleochemicals
- KLK OLEO
- Procter & Gamble
- AkzoNobel
- Pacific Oleochemicals
- VVF Ltd.
- PT Musim Mas
- Oleon NV
- Aafia Chemicals
- Twin Rivers Technologies
- Kao Corporation
- Eastman Chemical Company
- Prakash Chemicals
- Ritesh International Ltd.
- Akay Organics
- Vance Bioenergy
- Chemrez Technologies
- Shandong Huaqiang Chemical Group
- Guangzhou Lushan New Materials
- Alpha Chemicals Pvt Ltd.
- Zhejiang Hengxiang Chemical
- ANZ Fine Chem
1. BASF SE — Ludwigshafen, Germany
BASF SE is a global leader in the specialty chemicals sector, prominently supplying industrial grade stearic acid to manufacturers worldwide. The company's portfolio includes high-purity stearic acid derived from both petrochemical and natural sources, catering to applications in plastics, rubber, and personal care. BASF’s advanced R&D and commitment to sustainability enable continual technological enhancements, ensuring consistent quality, supply security, and process efficiency. Their industrial grade stearic acid plays a crucial role in lubrication, plasticizers, and stabilizing processes, underlining BASF’s position at the forefront of industrial chemical innovation.
2. Wilmar International Ltd. — Singapo
Wilmar International Ltd. supplies industrial grade stearic acid across global markets, supporting the rubber, plastics, detergents, and personal care industries. As a major integrated agribusiness group, Wilmar leverages efficiently-scaled oleochemical production with stringent quality controls. The company emphasizes sustainability and traceability throughout its supply chain, meeting evolving client needs for environmentally responsible materials. Wilmar’s industrial stearic acid products are recognized for superior consistency and performance in various industrial and consumer goods applications.
3. Godrej Industries — Mumbai, India
Godrej Industries manufactures and distributes industrial grade stearic acid used in cosmetics, soap, plastics, and rubber. Leveraging deep expertise in oleochemicals, the company emphasizes eco-friendly production using renewable feedstocks, meeting rising demand for sustainable solutions. Godrej invests in advanced refining and quality assurance for uniformity and performance, ensuring reliable supply to industrial clients. The company’s industrial stearic acid is widely adopted in both domestic and global markets, establishing Godrej as a trusted supplier in the chemical industry.
4. Emery Oleochemicals — Selangor, Malaysia
Emery Oleochemicals is a leading producer of industrial grade stearic acid, targeting diverse end-use industries such as plastics, rubber, and surface coatings. The company utilizes sophisticated oleochemical processing technology, achieving high purity and performance levels. Emery focuses on sustainable production, offering biobased stearic acid solutions that support global green initiatives. Their robust logistics and supply systems ensure efficient delivery of industrial stearic acid for demanding manufacturing environments, supporting innovation in product development and process optimization.
5. KLK OLEO — Kuala Lumpur, Malaysia
KLK OLEO is a top-tier oleochemical manufacturer, specializing in industrial grade stearic acid for applications in personal care, plastics, rubber, and coatings. As part of the Kuala Lumpur Kepong Berhad group, KLK OLEO benefits from vertically integrated plantations and production, ensuring purity, traceability, and cost efficiency. The company continually invests in new processing technologies to improve consistency and innovation, positioning its industrial grade stearic acid as a preferred choice for manufacturers worldwide
Are you ready to discover more about the industrial grade stearic acid market?
The report provides an in-depth analysis of the leading companies operating in the global industrial grade stearic acid market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- BASF SE
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Wilmar International Ltd.
- Godrej Industries
- Emery Oleochemicals
- KLK OLEO
- Procter & Gamble
- AkzoNobel
- Pacific Oleochemicals
- VVF Ltd.
- Others.
Conclusion
The industrial grade stearic acid market is demonstrating strong growth, propelled by its versatile applications across cosmetics, rubber, plastics, pharmaceuticals, and food industries. Demand is increasing due to its utility as an emulsifier, stabilizer, and lubricant, especially in rubber and plastic manufacturing where performance and processing benefits are critical. Market leaders are advancing sustainability initiatives by prioritizing bio-based and plant-derived stearic acid, responding to stringent environmental regulations and consumer preferences for green products.
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