Stearic Acid Prices In India (Business Opportunities - Marketing & Sales)

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Stearic Acid Prices In India


stearic Acid grade 1843 has experienced notable fluctuations in the Delhi market over the past month, with prices swinging 3-4 times. This volatility is mirrored in the palm oil market, which serves as the raw material for stearic acid production. Stearic acid finds application across various sectors, including as a lubricant agent, food additive, and in the manufacturing of detergents, cosmetics, soaps, and shampoos. In the broader context, the stearic acid market is witnessing significant growth. Its market size is estimated at 9.47 million tons in 2024, and projections indicate a surge to 12.30 million tons by 2029, representing a compound annual growth rate (CAGR) of 5.36% during the forecast period spanning 2024-2029. This growth trajectory is attributed to several factors,indian prices stearic acid.

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Last Update : Feb 24, 2024 1:08 AM
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Item  Owner  : Indianpetrochem
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