Calcium Stearate Market Growth Analysis | 2023-2028

Market Insights

The calcium stearate market was estimated at USD 939.57 million in 2022 and is likely to grow at a CAGR of 5.39% during 2023-2028 to reach USD 1291.83 million in 2028.

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What is calcium stearate?

Calcium stearate is essentially a carboxylate of calcium, considered calcium soap, and is a major component of some lubricants, surfactants, and many foodstuffs also. It is employed for various applications such as a highly preferable waterproofing agent, for prevention of efflorescence in the construction industry, for construction activities such as buildings and floors, when mixed with concrete, and also used in prefabrication industry in the form of powder in mortars, putties, and emulsion forms.

Market Dynamics

The major factors contributing to the demand for calcium stearate in the market are-

• The growing demand for PVC and other plastics.
• Rapid worldwide growth in the construction industry mainly in Asia-Pacific.

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Segments' Analysis

By End-User Industry Type

Based on the end-user industry type, the market is segmented as plastic & rubber, construction, personal care & pharmaceuticals, paper, and others. The construction segment is estimated to dominate the end-user industry in the market during the forecast period. For instance, in 2021, the governments of several countries such as India, China, and the U.S., etc. are expected to increase the workforce to substantiate the projects that are currently on hold in 2020, which may fuel the growth of the construction segment in the market during the forecast period.

Regional Insights

In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period; growth is attributed to the growing presence of foreign companies, which has generated a huge demand for the construction of new buildings, offices, production houses, etc., boosting the construction sector growth in the regional market.  Further, India is estimated to occupy the world’s third-largest construction market position over the forecast period, owing to the estimated rise in the availability of affordable housing in the country and government initiatives in infrastructure development such as housing to all and smart city plans. Moreover, despite the slowdown because of the pandemic outbreak, India’s potential growth in construction sector activities is estimated to fuel the growth of the calcium stearate market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories.

By End-User Industry Type

• Plastic & Rubber
• Construction
• Personal Care & Pharmaceutical
• Paper
• Others

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the market are-

• Baerlocher GmbH
• Barium & Chemicals, Inc.
• Corporación Sierra Madre
• Dover Chemical Corporation
• Hummel Croton Inc.
• Hunan Shaoyang Tiantang Additives Chemical Co. Ltd.
• Mittal Dhatu Rashayan Udyog
• Norac Additives LLC
• Peter Greven GmbH & Co. KG
• PMC Biogenix, Inc.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the end-user industry types by region type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.