Regions Covered
EU
Global palm stearic fatty acid market is growing at a CAGR of 4%. Increasing usage of organic chemicals across personal care products such as shaving creams, shampoos and soaps is expected drive the market. The product’s enhanced shelf life, versatility; excellent binding & thickening properties and stability, as a base for cosmetics are anticipated to strengthen its demand in the long term. 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. Trends in the palm feedstock market is likely to have a larger impact the market dynamics
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