Global 12-Hydroxystearic Acid (12-HAS) Market 2024

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The global 12-hydroxystearic acid market is likely to register a CAGR of over 5.8% with an incremental growth of USD 84.2 million during the forecast period 2024-2030. 12-Hydroxyoctadecanoic acid, a versatile compound with diverse applications, offers a compelling opportunity for market research exploration. This hydroxy fatty acid, also known as 12-HSA, is a stearic acid derivative bearing a hydroxy substituent at the 12th position of the carbon chain. Its unique chemical structure and properties have rendered it a valuable asset in various industries.

One of the prominent applications of 12-hydroxyoctadecanoic acid lies in its ability to function as an effective thickener for silicon grease. This characteristic has made it an indispensable component in the formulation of high-performance lubricants, enhancing their viscosity and ensuring optimal performance under demanding conditions.

Furthermore, 12-hydroxyoctadecanoic acid plays a crucial role in the rubber industry, acting as a rubber activator and accelerator. Its incorporation into rubber formulations facilitates the vulcanization process, improving the overall quality and durability of rubber products, thereby catering to the ever-growing demand for high-performance rubber goods across various sectors.

In the personal care industry, 12-hydroxyoctadecanoic acid has found applications in the manufacture of certain personal care products. Its unique properties contribute to the formulation of cosmetics, skincare products, and other personal care items, addressing the evolving consumer preferences for high-quality and innovative products.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the product type, application, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global 12-hydroxystearic acid market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The global market for 12-hydroxystearic acid can be segmented by product type: flakes, powder.
12-hydroxystearic acid market is further segmented by application: coatings, cosmetics and personal care, lubricants, rubber, others.
Based on region, the 12-hydroxystearic acid market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

The report also provides analysis of the key companies of the industry and their detailed company profiles including Adani Wilmar Limited (AWL), Adeka Corporation, Aurorium Holdings LLC (Vertellus Holdings LLC), Berg + Schmidt GmbH & Co. KG, Girnar Industries, Inner Mongolia Weiyu Biological Technology Co., Ltd., Itoh Oil Chemicals Co., Ltd., Jayant Agro-Organics Limited, Kandla Agro and Chemicals Pvt. Ltd., NK Industries Ltd., Royal Castor Products Limited, Thai Castor Oil Industries Co., Ltd., Tianxing Biotechnology Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Why Choose This Report

Gain a reliable outlook of the global 12-hydroxystearic acid market forecasts from 2024 to 2030 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
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Market Segments Covered in Global 12-Hydroxystearic Acid Industry Analysis:
i.) Product type
– Flakes
– Powder

ii.) Application
– Coatings
– Cosmetics and personal care
– Lubricants
– Rubber
– Others

iii.) Region
– North America
– Europe
– Asia-Pacific
– MEA (Middle East and Africa)
– Latin America

Global 12-Hydroxystearic Acid (12-HAS) Market 2024

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Global 12-Hydroxystearic Acid (12-HAS) Market 2024 - Report Scope
REPORT ATTRIBUTE

DETAILS

Market Size (2023)

USD 197.8 Million

Base Year

2023

Forecast Year

2024-2030

CAGR (2024-2030)

5.8%

Pages

87

Segments By

Product Type, Application, Region

Regions Covered

North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

Key Players

Adani Wilmar Limited (AWL), Adeka Corporation, Aurorium Holdings LLC (Vertellus Holdings LLC), Berg + Schmidt GmbH & Co. KG, Girnar Industries, Inner Mongolia Weiyu Biological Technology Co. Ltd., Itoh Oil Chemicals Co. Ltd., Jayant Agro-Organics Limited, Kandla Agro and Chemicals Pvt. Ltd., NK Industries Ltd., Royal Castor Products Limited, Thai Castor Oil Industries Co. Ltd., Tianxing Biotechnology Co. Ltd.

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