Global Metallic Stearate Market is expected to reach USD 4.84 billion by 2025. Metallic Stearate are the compounds of long-chain fatty acids with metals of dissimilar valency’s and is formed by saponification reaction of stearic acid and calcium base. In terms of quantity, the most vital metallic stearates are zinc, aluminum, magnesium, and calcium. Some metallic stearates are not soluble in water. The Metallic Stearate Market is estimated to grow at a significant CAGR of 5.4% over the future period as the scope and its applications are rising enormously across the globe.
High demand from cosmetics & pharmaceutical manufacturers and growing demand for polyvinyl chloride and various other polymers like polyolefin, phenolic resins, and polystyrene that use metallic stearates in several types of processing are documented as major factors of Metallic Stearate Market that are estimated to enhance the growth in the years to come. However, issues related to the filterability of chemicals using metallic stearate and corrosion caused by addition of these stearates are the factors that may restrain overall market growth in coming years. Metallic Stearate Market is segmented based on type, forms, end users, and region.
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Aluminum stearates, zinc stearates, magnesium stearates, calcium stearates, and other types could be explored in Metallic Stearate Market in the forecast period. Zinc stearates sector accounted for the largest market share of Metallic Stearate and is estimated to lead the overall market in the coming years. This may be because of high demand from industries like pharmaceuticals & cosmetics and polymers & rubbers, high demand from developing countries like India and China, and increasing use in PVC to enhance the color.
Zinc Stearate is a chemical constituent made from a mixture of stearic acid and zinc oxide that has a white, powdered, and frothy appearance and does not a have strong odor. This chemical substance is soluble in chlorinated hydrocarbons and aromatic compounds when heated, but insoluble in polar solvents such as ethers and alcohol. The unique property of zinc stearate that makes it different from other metal stearate is a sharp melting point and inclusively used in several industrial applications. Moreover, it is hydrophobic, lipophilic and non-sticky. There are various forms of Metallic Stearate like Aqueous stearate dispersions, Fine power, Pellet/granular, and flakes that could be explored in future period.
The market may be categorized based on end users like paints & coatings, polymer & rubber industry, building & construction, pharmaceuticals & cosmetics, and others that could be explored in the foremost period. The polymer & rubber sector estimated to lead the overall market with largest share in the coming years. This may be because of high demand from manufacturers of Asia Pacific as it is a center for the polymers & rubber processing.
Globally, Asia Pacific accounted for the largest market share of Metallic Stearate and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be high demand from major manufacturers like pharmaceuticals & cosmetics and polymers & rubbers, continuous growing industrial activities like infrastructure & manufacturing, and high demand for enhanced products and growing population. The developing countries like India and China are the major consumers of Metallic Stearate in the region.
Instead, North America and Europe are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share in terms of revenue. The United States is a major consumer of Metallic Stearate in the region. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.
The key players of Metallic Stearate Market are IRRH Specialty Chemicals, Dover Chemical Corporation, Seoul Fine Chemical Ind. Co., Ltd., Baerlocher GmbH, Lumega Industries, Faci S.p.A., Marathwada Chemicals, Peter Greven GmbH & Co. KG, Nimbasia Stabilizers, Valtris Specialty Chemicals, James M. Brown Ltd., and Sun Ace Kakoh (Pte.) Limited. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Market Segment:
Metallic Stearate Product Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)
• Zinc stearate
• Calcium stearate
• Aluminum stearate
• Magnesium stearate
• Others
Metallic Stearate Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)
• Plastics
• Rubber
• Pharmaceuticals
• Cosmetics
• Building & construction
• Paints & coatings
Metallic Stearate Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• South Africa
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/chemicals-and-materials
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