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According to latest analysis by our report Company, the global 12-hydroxystearic acid market is poised to grow by USD 9 million during 2021-2027, progressing at a CAGR of 0.8% during the forecast period.
Along with R&D, new product launches, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures, and the local improvement of basic competition operating within the market on a global and local scale, the studies also include major strategic trends.
12-hydroxyoctadecanoic acid is a hydroxy fatty acid that is stearic acid bearing a hydroxy substituent at position 12. Also known as 12-HSA, it is used as a thickener for silicon grease, as a rubber activator/accelerator and in the manufacture of certain personal care products, among other applications.
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The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global 12-hydroxystearic acid market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the 12-hydroxystearic acid industry.
The 12-hydroxystearic acid market is segmented on the basis of application, and region. The 12-hydroxystearic acid market is segmented as below:
By application:
lubricating greases
cosmetics & personal care
By region:
Asia Pacific
Europe
North America
Rest of the World (RoW)
The global 12-hydroxystearic acid market report offers detailed information on several market vendors, including Adani Wilmar Limited, Girnar Industries, Jayant Agro-Organics Limited, Kandla Agro and Chemicals Pvt. Ltd., NK Industries Ltd., Royal Castor Products Limited, TCO GROUP, Tianxing Biotechnology Co., Ltd., Vertellus Holdings LLC, among others.
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