The market for stearic acid has been segmented into type, end use, distribution channel and region. Among types, vegetable-based segment is anticipated to lead global stearic acid market. Based on application, the market is categorized into Soaps & Detergents, Personal Care, Textiles, Lubricants, Rubber Processing and Others (Pharmaceutical, Automotive, Plastics, etc.). Soaps & Detergent segment holds the maximum share in the global stearic acid market backed by rising preference for naturally produced stearic acid as a raw material in soaps and detergents production owing to their competitive prices and no harmful and allergic effects on humans.

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Based on distribution channel, the market is bifurcated in direct sales and distributors sales. In 2018, distributors sales held the maximum share in the global stearic acid market. However, direct sales of stearic acid are expected to increase during the forecast period, backed by stearic acid manufacturers’ focus on maintaining and retaining clients in the long run. Regionally, Asia- Pacific is the largest consumer of stearic acid globally owing to increasing investment in major downstream sector such as chemicals, automotive, textiles, pharma & biotechnology, etc.

Stearic Acid Market Analysis

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TechSci Research calculated global stearic acid market size using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and, applications for getting an appropriate overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Market Players:

Stearic acid market are VVF (Global) Limited, Akzo Nobel Oleo Chemicals, Emery Oleochemicals, Proctor & Gamble Chemicals, PMC Biogenix, Twin Rivers, Kao Chemicals, among others.

According to TechSci Research report, “Global Screw Water Pump Market By Type, By End Use, By Region, Competition, Forecast & Opportunities, 2013-2023’’, the global screw pump market is forecast to reach $ 4.6 billion by 2023, predominantly owing to rising concerns regarding hazardous effects of wastewater. Rising water pollution has resulted in stringent regulations for wastewater and effluent discharge, which has further resulted in increasing number of sewage and wastewater treatment facilities across the globe, especially in developing economies such as India, Brazil, Malaysia, etc. Thus, expanding water treatment facilities is pushing demand for screw pumps, globally.

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Moreover, risk of water scarcity is growing at an alarming rate across the globe and it is estimated that by 2030, half of the global population would face water scarcity issues, thereby creating pressure on existing water network to redesign efficient water management systems, which require water pumping at several points.

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In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of screw pumps manufacturers and suppliers operating in various regions across the globe. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major screw pump manufacturers & distributors across the globe.

Global Screw Pumps Market Share, 2013-2023

Key Target Audience:

• Global screw pumps manufacturers, distributors and other stakeholders
• Associations, organizations, forums and alliances related to screw pumps
• Government bodies such as regulating authorities and policymakers
• Market research and consulting firms
• The study is useful in providing answers to several critical questions that are important for industry stakeholders such as screw pump manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, global screw pumps market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

By Type:

•     Progressive Cavity Pumps
•     Twin Screw Pumps
•     Triple Screw Pumps

By End Use:

•     Oil & Gas
•     Power
•     Water Treatment
•     Chemicals
•     Food & Beverages
•     Others

By Region:

•    Asia-Pacific
•    North America
•    Europe
•    South America
•    Middle East & Africa

By Company:

• Colfax Corporation
• NETZSCH Pumpen & Systems
• ITT INC.
• Flowserve Corporation
• Gardner Denver, Inc.
• Others

Competitive Landscape

North America sulphur fertilizers market was valued at $ 1.7 billion in 2019 and is forecast to cross $ 2.4 billion by 2025. Growth in the regional market can be attributed to rising population coupled with limited arable land. Increasing sulphur deficiency and growing demand for food are expected to propel the sulphur fertilizers market of North America through 2025.

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Sulphur fertilizers play crucial role in providing nutrients to crops for formation of chlorophyll that plants use for photosynthesis. Furthermore, it is useful in the activation of enzymes and helps to improve protein and oil percentage in seeds.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated the market size of North America sulphur fertilizers market using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years.

TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.