Metallic Stearate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Metallic Stearate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global metallic stearate market size reached US$ 4.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2022-2028.

Metallic stearates are compounds of long-chain fatty acids with different metal valences, such as aluminum, calcium, magnesium, and zinc. They are generally available in the form of flakes, pastilles, granules, pellets, and fine powders with high surface area. Due to their lubricating and separating properties, they are primarily used as acid scavengers, lubricants, and release agents in plastic products. They act as suspension agents during the production of waxes and liquid wax compounds. Moreover, their release properties, thixotropic effect, and gelling capacity are beneficial in the pharmaceutical industry for tablet pressing.

Metallic Stearate Market Trends:

The market growth can be attributed to the increasing utilization of metallic stearates in various end use industries. For instance, they are employed in the textile industry as antistatic agents for dry impregnation. They are also used in printing ink works as swelling and suspension aids for additives like pigments. Moreover, metallic stearates are added to personal care products and cosmetics, such as shampoos, eyeliners, lipsticks, sun-protective lotions, medicated ointments, and foot powders, due to their hydrophobic properties that prevent products from absorbing water and forming agglomerates. The increasing expenditure capacities of consumers and rising levels of beauty consciousness among the masses are also promoting the market growth. Apart from this, the leading players are developing thermostable metallic stearates, which are highly resistant to discoloration when used in transparent or brightly colored thermoplastics at high processing temperatures. These developments are anticipated to expand the applications of metallic stearates in the construction and metal processing industries.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global metallic stearate market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.

Breakup by Product:

Zinc Stearate

Calcium Stearate

Aluminum Stearate

Magnesium Stearate

Others



Breakup by Application:

Plastics

Rubber

Pharmaceuticals

Cosmetics

Building and Construction

Paints and Coatings

Others



Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Baerlocher GmbH, DAINICHI CHEMICAL INDUSTRY Co. Ltd., Dover Chemical Corporation (ICC Industries Inc.), Faci S.p.A., James M. Brown Ltd., Nimbasia, Norac Additives LLC, Peter Greven GmbH & Co. KG, PMC Biogenix Inc., Sun Ace Kakoh Pte Ltd, Univar Solutions Inc., and Valtris Specialty Chemicals.

Key Questions Answered in This Report

1. What was the size of the global metallic stearate market in 2022?

2. What is the expected growth rate of the global metallic stearate market during 2023-2028?

3. What has been the impact of COVID-19 on the global metallic stearate market?

4. What are the key factors driving the global metallic stearate market?

5. What is the breakup of the global metallic stearate market based on the product?

6. What is the breakup of the global metallic stearate market based on the application?

7. What are the key regions in the global metallic stearate market?

8. Who are the key players/companies in the global metallic stearate market?