Metallic Stearates Market Drivers, Key Players, Regions, Application and Forecast to 2018-2025
Previously in 2018,
the global Metallic Stearates market size was valued at USD xx million and
estimated to project a rise of USD xx million in 2025 with a CAGR of x.x%
during the forecast period.
Due to the
increasing demand of the plastic usage in the industry the metallic stearates
are commonly produced by the reaction combining a stearic acid, and metal
salts, such as metal hydroxides, metal chloride, metal oxides, and metal
hydroxides. However, the product keeps a substantial usage as mold release
agents, plastic stabilizers, and lubricants. Rubber and plastics industries are
believed to be one of the key application industries for metallic stearates.
There are several other uses of metallic stearates including pharmaceuticals,
paper, textiles, and cosmetics.
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In the past few
years, Asia Pacific region generated the maximum revenue and the same trend is
expected to continue over the forecast period. Geographically, the regional key
segment of metallic stearate market is anticipated to witness the rise with a
CAGR of 6% from during the forecast period. Due to the increasing product
demand in countries such as China and India, it is expected to propel the
market growth over the forecast period. However, these countries are witnessing
a high growth in the rubber, building & construction industries, and
plastics the use of the product is expected to escalate in the region.
The manufacturers
in the metallic stearates market are focusing on to introduce new technological
advancements in the production procedure to ease the operations. The companies
are constantly researching on to bring new innovations process to develop
product quality with an improved properties. Furthermore, the companies are
also aiming to improvise the behavior of the product by maintaining surface
properties. In the past few years, the use of vegetable oil-based stearic acid
has escalated the metallic stearates production.
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Looping on to a few
application insights, the market is driven by plastics and rubber. Plastic was
one of the largest application segment accounting for over 30% of the revenue
industry growth in 2017. The use of key products allows the processor to
produce finished articles with smooth surfaces, and lower friction including
with optimizing production. Whereas, Rubber was one of the second-largest
segment and accounted a market size of USD 700 million. Calcium stearates, magnesium,
and zinc are the most common products used in the rubber industry. The often
use of zinc products has been stringently regulated by governments across the
globe. Furthermore, the cosmetics segment is more likely to witness the highest
growth rate in consuming metallic stearate during the forecast period.
The key
manufactures of the market are moreover emphasizing on partnerships, capapcity
expansions, and product launches to holds a stiff position in the industry.
Leading players in the global metallic stearate market include Valtris
Specialty Chemicals and Norac Additives, Peter Greven GmbH & Co. KG,
Baerlocher GmbH,Faci S.p.A, Dover Chemical Corporation, and more others.
Key Segmentation of the global metal stearate market
2018-2025
Product Outlook (Volume, Kilotons; Revenue, USD Million;
2018 – 2025)
·
Zinc stearate
·
Calcium stearate
·
Aluminum stearate
·
Magnesium stearate
·
Others
Application Outlook (Volume, Kilotons; Revenue, USD
Million; 2018 – 2025)
·
Plastics
·
Rubber
·
Pharmaceuticals
·
Cosmetics
·
Building & construction
·
Paints & coatings
·
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million;
2018 – 2025)
·
North America
·
S.
·
Europe
·
Germany
·
UK
·
Asia Pacific
·
China
·
India
·
Japan
·
Central & South America
·
Brazil
·
Middle East & Africa
·
South Africa
What to expect from the upcoming report on ‘Global
Metallic Stearate Market’:
– Future prospects
and current trends of the Metallic Stearate market by the end of forecast
period (2018-2025)
– Information
regarding technological progressions as well as innovations across the world
– Supportive
initiatives by government likely to influence the market dynamics.
– In-depth analysis
of different market segmentations including regional segmentations,
applications and types.
– Deep analysis
about the competitive landscape of the market and the initiatives by them to
improve this market.
– Trends, drivers,
opportunities, restraints, challenges and key developments in the market
Who should buy this report?
-Venture
capitalists, Investors, financial institutions, Analysts, Government
organizations, regulatory authorities, policymakers ,researchers, strategy
managers, and academic institutions looking for insights into the market to
determine future strategies.
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