Hard acid is a type of fatty acid, typically extracted or synthesized from animal and plant oils and fats. It has a wide range of applications in the chemical industry, mainly due to its high melting point and lubricating properties, making it a major component in many lubricants and fatty acid waxes. It is commonly used in industrial lubricants, automotive lubricants, mold release agents, etc., to reduce friction and wear and prolong equipment life.

Furthermore, it is extensively used in cosmetics and personal care products. It serves as an ingredient in many emulsions, conditioners, soaps, and cosmetics, adding thickness, improving texture, and enhancing stability. Hard acid salts are also utilized as surfactants in detergents, cleaners, and emulsifiers, aiding in the removal of oil and stains, making cleaning easier.

Additionally, it finds wide application in pharmaceutical products, paints and coatings, and the food industry, among other areas.

China is one of the world's largest producers and consumers of hard fatty acids. According to customs data, from 2018 to June 2023, China's exports of hard fatty acids have shown a steady upward trend both in terms of value and quantity, with an overall export volume increasing by approximately 31.03% during the same period. In contrast, imports have remained relatively stable, with an overall import volume growing by about 25.59% during the same period, except for slight fluctuations in 2019.

Notes：Annual Summary

Hard fatty acid is an important international trade commodity, with many countries engaging in both imports and exports of hard fatty acid. China, Malaysia, and India are major producers of hard fatty acid, followed by countries like Brazil, the United States, and European nations, which also have large-scale production and export of hard fatty acid, and may import from other countries as well.

Regarding China's hard fatty acid exports, the main destinations include Thailand, Mexico, Vietnam, Russia, Japan, South Korea, and others. On the other hand, the import market for China is relatively concentrated, with more than 90% of imports coming from Indonesia and Malaysia.

Notes：Market share

Hard fatty acid's diverse applications in the chemical, personal care, pharmaceutical, food, and other industrial sectors make it an important chemical product. Due to its varied properties and functions, hard fatty acid plays a significant role in promoting industrial development, improving product quality, and meeting people's daily life needs. Timely knowledge of global supply and demand for hard fatty acid, raw material prices, currency exchange rate fluctuations, international trade policies, and other relevant information is especially crucial for foreign trade enterprises.

GTD can provide customs data for import and export from over 80 countries since 2010. We have the capability to analyze import-export market distribution, detailed transaction information of import-export companies, specific quantity-price analysis, and supply cycles online.

GTD is a professional company specializing in customs data, providing reliable data for major foreign trade enterprises and industry consulting companies.