Future market Insights (FMI) grants key insights on the worldwide Metallic Stearates market, in its upcoming outlook titled, ‘Metallic Stearates marketplace: international enterprise analysis 2017-2021 and opportunity assessment 2022-2028‘. Growing adaption of metal stearates in end consumer industries such as prescription drugs, creation and plastic is riding the demand for the same. By using software, Metallic Stearates will hold a dominant proportion within the polymer & plastics industry, yielding 32% sales till 2031.
| Metallic Stearates Market Size (2022) | US$ 2,478.4 Mn |
| Projected Market Value (2028) | US$ 3,178.0 Mn |
| Global Market Growth Rate (2022-2028) | 4.2% CAGR |
| Country With Dominant Market Share | China |
The increasing rubber enterprise, globally, upward thrust in the demand for % (polyvinyl chloride) and different kinds of polymers in stop-use industries, growing usage of metallic stearates in a diffusion of programs inclusive of calendaring, crystalline movie, ceramic, adhesives and sealants, scientific devices, covered fabric, roofing materials, and others are a number of the factors accelerating the demand for Metallic Stearates within the marketplace. There may be full-size use of metal stearates such as calcium and zinc inside the rubber industry. The precise homes of Metallic Stearates inclusive of low melting point, water repellency, lubricity, and hydrogen solubility lead them to useful for various purposes. Those specific properties allow metal stearates for use in numerous packages. Additionally, Metallic Stearates are also used as dry lubricants inside the plastic industry. In the polymer and plastic enterprise, metal stearates are brought to resin debris to facilitate lubrication.
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The detailed profiles of key players are also included in the scope of the metallic stearates market study to evaluate their long-term and short-term strategies, key offerings, and recent developments in the metallic stearates space. Key players include Baerlocher GmbH, Akrochem Corporation, Dover Chemical Corporation, Faci S.p.A., Peter Greven GmbH & Co. KG, PMC Biogenix, Inc., Univar Inc., Sinwon Chemical Co., Ltd., PROMAX Industries ApS, Valtris Specialty Chemicals, and others.
Inorganic growth at a regional level enables companies to enhance their market presence and customer base, coupled with expanding technological capabilities and the need to achieve higher economies of scale. Through mergers and acquisitions, key players have increased their production capacity and market share, thus, increasing the new entry-level barriers in the market. Moreover, in various applications such as plastics and rubber, calcium stearates are used as lubricants in the development of resin-coated and for metal casting by the shell molding technique. Metallic stearates have significant usage as plastic stabilizers, lubricants, and mold release agents.
The global metallic stearates market is expected to witness a hike in volume, to approximately US$ 1,772,349 metric tons in 2018, driven by the increasing use of metallic stearates as acid scavengers and lubricants in various industries, along with advanced technology and increasing plastic production in developing countries, which is expected to surge revenue growth of the metallic stearates market.
This metallic stearates market study covers the trends driving each segment, and offers analysis and insights of the potential of metallic stearates in specific regions. Based on region, the metallic stearates markets in China and North America are expected to dominate over the forecast period, followed by Western Europe. APAC is expected to register a high growth rate between 2018 and 2028 in the global metallic stearates market. China is expected to remain the largest market through 2028. China’s metallic stearates market accounted for 30.2% market share in 2017, and is expected to account for 30.3% market share by 2028.
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In terms of volume, APAC is expected to register a significant CAGR during the forecast period. On the basis of product type, the metallic stearates market is segmented as zinc stearate, calcium stearate, magnesium stearate, aluminium stearate, and others (sodium stearate, berium stearate, etc.). The calcium stearate segment is expected to register the highest growth over the forecast period. On the basis of application, the metallic stearates market is segmented into polymers & plastics, rubber, pharmaceuticals, personal care & cosmetics, construction, paints & coatings, and others (paper, metallurgy, etc.). The polymers & plastics segment is likely to be the most attractive segment in the metallic stearates market during the forecast period. Amongst these above mentioned segments, the polymers & plastics segment is anticipated to occupy the largest market share of 32.6% by 2028 end.
Key Segments Covered in Metallic Stearates Industry Survey
Metallic Stearates by Product Type
- Zinc Stearate
- Calcium Stearate
- Magnesium Stearate
- Aluminium Stearate
- Others (Sodium Stearate, Barium Stearate, etc.)
Metallic Stearates 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
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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