Metallic Stearates Market By Product Type (Calcium Stearate, Zinc Stearate, Aluminum Stearate, Lithium Stearate, Magnesium Stearate, Sodium Stearate, Others), By Form (Powder, Granules, Others), By Application (Plastics, Pharmaceuticals, Cosmetics, Rubber, Paints and coatings, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global metallic stearates market was valued at $4.0 billion in 2021, and is projected to reach $6.2 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
Metallic stearates are metal salts of an 18-carbon chain fatty acid, known as stearic acid. They are commonly produced by the reaction between a stearic acid and metal salts, such as metal oxides, metal hydroxides, metal sulphate, and metal chloride. The most important metallic stearates, in terms of quantity, are the metallic stearates of aluminum, calcium, magnesium, and zinc. They find applications in several industries, such as polymer & rubber industry, pharmaceuticals & cosmetics, building & construction, paints & coatings, and others.
The growth of the global metallic stearates market is driven by increase in demand for rubber manufacturing sectors wherein metallic stearates are widely used as external lubricant during rubber manufacturing. In addition, rise in demand for both, residential & commercial facilities have surged the growth of paints & coatings sector, which in turn has escalated the demand for highly efficient metallic stearates that are used to provide long term heat resistance and enhance the glossy finish of paints. This is predicted to foster the growth of the metallic stearates market during the forecast period.
However, the prolonged exposure of metallic stearates above concentration limits may cause several health-related disorders. For instance, inhalation of zinc stearate produces lung damage and death in some infants upon single exposure. Furthermore, magnesium stearate can irritate the mucus lining of the bowels, which in turn is expected to trigger a bowel movement or diarrhea and immune dysfunction. These factors are anticipated to restrain the growth of metallic stearates market during the forecast period.
On the contrary, increasing demand for polymers from various end-use sectors, such as healthcare, construction, automotive, and others where metallic stearates are widely used in polymer and poly vinyl chloride (PVC) manufacturing for heat and light stabilization purposes is expected to offer lucrative opportunities for the metallic stearates market in the coming future.
The metallic stearates market is segmented into product type, form, application, and region. On the basis of product type, the market is bifurcated into calcium stearate, zinc stearate, aluminum stearate, lithium stearate, magnesium stearate, sodium stearate, and others. By form, the market is classified into powder, granules, and others. Depending on application, it is fragmented into plastics, pharmaceuticals, cosmetics, rubber, paints & coatings, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the global metallic stearates market include, Akrochem Corporation, Baerlocher GmbH, Dover Chemical Corporation, Faci Asia Pacific Pte Ltd, Peter Greven GmbH & Co. KG, PMC Biogenix, Inc., PROMAX Industries ApS, Sinwon Chemical Co., Ltd., Univar Solutions Inc., and Valtris Specialty Chemicals. The global metallic stearates market report provides in-depth competitive analysis as well as profiles of these major players.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the metallic stearates market analysis from 2021 to 2031 to identify the prevailing metallic stearates market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the metallic stearates market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global metallic stearates market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
Calcium Stearate
Zinc Stearate
Aluminum Stearate
Lithium Stearate
Magnesium Stearate
Sodium Stearate
Others
By Form
Powder
Granules
Others
By Application
Plastics
Pharmaceuticals
Cosmetics
Rubber
Paints and coatings
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Akrochem Corporation
Baerlocher GmbH
Dover Chemical Corporation
Faci Asia Pacific Pte Ltd
Peter Greven GmbH and Co. KG
PMC Biogenix, Inc.
PROMAX Industries ApS
Sinwon Chemical Co., Ltd.
Univar Solutions Inc.
Valtris Specialty Chemicals Limited
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