Global Metallic Stearates Market Overview
According to a research survey conducted by ChemView Consulting, in 2022, the Global Metallic Stearates Market was worth US$ 2,679.5 Mn and is expected to grow at a CAGR of 4.5% over the forecast period. While the historical CAGR is 4.0%, the market is expected to hit US$ 4,161.2 Mn by 2032 end.
The need for cosmetics and pharmaceutical products and the expanding global plastics and rubber industry are expected to fuel market expansion. Metallic stearates are utilized in a wide range of products, such as aluminum, zinc, and calcium stearate, in several industries, including plastics, rubber, medicines, and cosmetics.
According to Chemview Consultng, Metallic stearates have a wide range of applications in the pharmaceutical and cosmetic industries due to their superior lubricating and releasing qualities. In manufacturing dragee and tablet pressing, metallic stearates’ lubricating abilities are heavily utilized. Metallic stearates are also found in a wide range of cosmetic items, including shampoo, eyeliner, lipstick, sunscreen, medicinal ointments, body powder, and foot powder.
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Segments Covered in Report
By Product Type:
- Zinc Stearate
- Calcium Stearate
- Magnesium Stearate
- Aluminum Stearate
- Others (Sodium Stearate, Barium Stearate, etc.)
By Application:
- Metallic Stearates for Polymers & Plastics Industry
- Metallic Stearates for Rubber Industry
- Metallic Stearates for Pharmaceuticals Industry
- Metallic Stearates for Personal Care & Cosmetics Industry
- Metallic Stearates for Construction Industry
- Metallic Stearates for Paints & Coatings Industry
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways From The Market
- Based on Product Type, zinc stearate has become more prevalent due to its processing and stabilizing abilities. Numerous thermoplastic applications benefit from these characteristics. In addition, zinc stearate works well as a separator. Additionally, zinc stearate is readily stable even under extremely high temperatures. As a result, the market for metallic stearates is becoming more valuable due to the demand from end industries for zinc stearate.
- Based on application, the polymer and plastics industry is anticipated to use metallic stearates the most, with a market share of 33.3% from 2022 to 2032. They are specifically employed to boost output and create final goods with smoother surfaces. Metallic stearates are acid scavengers, mold release agents, and lubricating aids. Numerous applications call for various grades of metallic stearates derived from calcium, zinc, aluminum, or magnesium. For instance, calcium stearates are employed in polypropylene formulations as lubricants or catalyst neutralizers.
- Based on region, throughout the projected period, the Asia Pacific region is expected to hold a market share of 45.7%, with China predicted to lead the market for metallic stearates. Given that China is a developed country, the number of manufacturing facilities in the area has skyrocketed. Additionally, the regional government is discussing plans to establish more production facilities to boost national revenue.
Competition Summary
Key Global Metallic Stearates Market players are Akrochem Corporation, Valtris Specialty Chemicals, PROMAX Industries, ApS, Peter Greven GmbH & Co. KG, Univar Inc., Biogenix, Inc., Faci S.p.A., Dover Chemical Corporation.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
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