According to the latest report by IMARC Group, titled “Metallic Stearate Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″ provide the global metallic stearate market share exhibited moderate growth during 2016-2021 and expects the market to grow at a CAGR of around 5% during 2022-2027. The report provides a detailed analysis of the market by region, product and application also, the report analyzes the market’s competitive landscape.
Report Metric
Historical: 2016-2021
Base Year: 2020
Forecast Year: 2022-2027
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Metallic Stearate Market Industry Definition and Application:
Metallic stearates refer to compounds of long-chain fatty acids with various metal valences, such as calcium, zinc, aluminum, magnesium, etc. They are usually available as pastilles, pellets, flakes, granules, fine powders, etc., with high surface area. Metallic stearates are primarily used as lubricants, acid scavengers, release agents in plastic products, etc. They act as suspension agents during the manufacturing of waxes and liquid wax compounds. Their release properties, gelling capacity, and thixotropic effect are advantageous in the pharmaceutical industry for tablet pressing.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Metallic Stearate Market Trends and Drivers:
The increasing product utilization in several end-use industries is driving the metallic stearates market. For instance, they are used in the textile industry as antistatic agents for dry impregnation. Furthermore, metallic stearates are also used in printing ink works as suspension and swelling aids for additives such as pigments. Additionally, they are added to personal care products and cosmetics, such as shampoos, lipsticks, medicated ointments, etc., to prevent these products from forming agglomerates or absorbing water. The rising expenditure capacities of consumers and elevating levels of beauty consciousness are catalyzing the market growth. Besides this, numerous key players are developing thermostable metallic stearates, which are resistant to discoloration when used in brightly colored or transparent thermoplastics at high processing temperatures. These advancements are anticipated to fuel the market growth in the coming years.
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Metallic Stearate Market Segmentation:
The report has segmented the market on the basis on region, product and application.
Breakup by Product:
Zinc Stearate
Calcium Stearate
Aluminum Stearate
Magnesium Stearate
Others
Breakup by Application:
Plastics
Rubber
Pharmaceuticals
Cosmetics
Building and Construction
Paints and Coatings
Others
Breakup by Region:
North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico,Others)
Middle East and Africa
Who are the Major Metallic Stearate Market Key players?
The report provides a detailed analysis of the market leaders, including.
Baerlocher GmbH, DAINICHI CHEMICAL INDUSTRY Co. Ltd., Dover Chemical Corporation (ICC Industries Inc.), Faci S.p.A., James M. Brown Ltd., Nimbasi, Norac Additives LLC, Peter Greven GmbH & Co. KG, PMC Biogenix Inc., Sun Ace Kakoh Pte Ltd, Univar Solutions Inc., and Valtris Specialty Chemicals.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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