Stearates of metal are well-defined, stearic acid metal soaps of 18-carbon fatty acid. It can be employed for different purposes, including rubber, polymer, pharmaceutical, food, cosmetics, lacquer and building industries. They come from fatty acids based on plants or animals. There are no specific chemicals, but the combined combinations of fatty acids and hydroxides are complex. The report provides analysis of global Metallic Stearate market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global Metallic Stearate market is expected to grow at noteworthy CAGR around 5.3 % throughout the forecast period and reach around US$ 5.21 billion by 2026.
As important factors for Metal Stearate, which are estimated to improve growth in the next few years, high demand from cosmetics & pharmaceutical companies and growing demand for polyvinyl chloride as well as various other polymers such as polyolefin, phenolic resins and polystyrene using metal stearates in several different processes is documented. The factors that could prevent market growth overall in the years to come are the challenges associated with the filterability of metal stearate and the corrosion caused by the addition of these stearates. The market for metallic stearates is divided into the type, forms, end users and region.
Asia Pacific accounted for Metallic Stearate's largest market share in the world and is estimated to be the global market leader in the next years. High demand from important producers, such as pharmaceutical and cosmetics and polymers & rubbers, continuous growing businesses such as fabrication and infrastructure and high demands for increased products and increasing population could be the cause of global market growth. The major consumers of Metallic Stearate in the region are the developing countries like India and China.
Metallic Stearate Market by Product
Metallic Stearate Market by Application
Global Metallic Stearate Market, by Geography
The market research study on “Metallic Stearate Market (By Product: Zinc Stearate, Magnesium Stearate, Aluminum Stearate, Calcium Stearate, Others; By Application: Plastics, Pharmaceuticals, Rubber, Building & construction, Cosmetics, Paints & coatings, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Metallic Stearate market segments with market dynamics and their impact. The report provides insights on global Metallic Stearate market by product, end use industry and major geographic regions. The report also covers basic technology development policies.
The Metallic Stearate market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Valtris Specialty Chemicals, Peter Greven GmbH & Co., Dover Chemical Corporation. Faci S.p.A, NoracAdditives, KG Baerlocher, GmbH. among others.
The key players are positively affected by product differentiation and expansion. Manufacturers are focused on developing surface - enhanced products. One of the main areas where manufacturers focus on production is the addition of stearic acid based on vegetable oil.