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  • Metallic Stearate Market Analysis | 2023-2028

    Metallic Stearate Market Analysis | 2023-2028

    Metallic Stearate Market Analysis | 2023-2028
    Report code - SRAM734 Delivery - 2 Weeks
    Metallic Stearate Market Size, Share, Trend, Forecast, Growth & Industry Analysis | 20 See more...

    Market Insights

    "The metallic stearate market is expected to grow from US$ 4.50 billion in 2022 to US$ 5.80 billion by 2028 at a healthy CAGR of 4.32% during the forecast period of 2023-2028."

    Metallic Stearate Market Size

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    Calcium stearate, a white waxy powder, is classified as calcium soap. Being insoluble in most solvents it dissolves slightly when heated in chlorinated hydrocarbons, aromatic compounds, or mineral and vegetable oils and waxes. It is mainly used as a mold release agent, lubricant, and acid scavenger in the plastics industry.

    Metallic Stearate Market Report Overview

    Market Size in 2022

    US$ 4.50 Billion

    Market Size in 2028

    US$ 5.80 Billion

    CAGR 2023-2028

     4.32%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Dominant Region

    Asia-Pacific is estimated to be the fastest-growing market for Metallic Stearate during the forecast.

    Key Players

    Some of the major players in the global market are: 

    • British Petroleum (BP) PLC
    • Chevron Corporation
    • ExxonMobil Corporation
    • Fuchs Group
    • Idemitsu Kosan Co. Ltd.
    • Indian Oil Corporation Ltd.
    • Lukoil
    • Royal Dutch Shell PLC
    • Sinopec Limited
    • Total SA

    Market Drivers

    The global market is driven by several factors, including:

    • The growing global plastics and rubber industry along with surging demand in cosmetics and pharmaceutical applications is expected to drive the growth of the global market during the forecast period.
    • The growing product demand for refining the surface textures of plastic goods is likely to propel the market over the forecast years.

    Metallic Stearate Market Snapshot

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    Segments Analysis

    Product Insights

    Based on the product type, the market is segmented as zinc stearate, calcium stearate, aluminum stearate, magnesium stearate, sodium stearate, and lithium stearate. 

    "The zinc stearate segment accounted for the largest market."

    The zinc stearate market would surpass 6% gains during the forecast period as it is insoluble in polar solvents including alcohol and ether but soluble in chlorinated hydrocarbons and benzene if heated. The product is utilized as a release agent for manufacturing polymers, rubber, and powder metallurgy due to its super non-stick properties. In the cosmetic industry, it is used as a lubricating agent and thickener to improve the texture of products, hence driving the growth of the segment.

    Application Insights

    "The aluminum stearate segment accounted for the largest market."

    Based on the application type, the market is segmented as polymer, pharmaceutical, food, paint and adhesives, cosmetics, construction, rubber, and ceramics. 

    The aluminum stearate market size from food applications will surpass USD 30 million during the forecast period due to evolving consumer demand for organic food products. The global food flavoring market expects gains of over 5.5% over the forecast period. Acceptance from GRAS and FDA for the use of these stearates as direct food substances would further elevate the market share.

    Regional Trends

    "The Asia-Pacific region accounted for the largest market."

    Asia-Pacific was the largest regional market in 2022 and is estimated to maintain its dominance during the forecast period as well.

    Robust economic development in China, India, and Southeast Asian countries bolsters the demand for metallic stearates in numerous applications along with increased construction activities and automotive production, which propel the product demand, especially in paints and coatings, rubber, and plastics.

    On the other hand, North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Metallic Stearate Market Region

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    Report Features

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

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the metallic stearate market.

    How lucrative is the future?

    The market forecast and trend data and emerging trends.

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts.

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast.

    What are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis.

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, and Life cycle analysis.

    What are the factors affecting the market?

    Drivers & challenges.

    Will I get the information on my specific requirements?

    10% free customization.

     

    Target Audience

    Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert:

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies

    This report studies the market covering 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 global market is segmented into the following categories:

    By Product Type

    • Zinc Stearate
    • Calcium Stearate
    • Aluminum Stearate
    • Magnesium Stearate
    • Sodium Stearate
    • Lithium Stearate

    By Application Type

    • Polymer
    • Pharmaceutical
    • Food
    • Paint & Adhesives
    • Cosmetics
    • Construction
    • Rubber
    • Ceramics

    By Region

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

    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 market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    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)

    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.

    Frequently Asked Questions (FAQs)

    Calcium stearate, a white waxy powder, is classified as calcium soap. Being insoluble in most solvents it dissolves slightly when heated in chlorinated hydrocarbons, aromatic compounds, or mineral and vegetable oils and waxes. It is mainly used as a mold release agent, lubricant, and acid scavenger in the plastics industry.

    The market is expected to grow from US$ 4.50 billion in 2022 to US$ 5.80 billion by 2028.

    The market is expected to grow at a CAGR of 4.32 % during the forecast period of 2023-2028.

    Some of the major players in the application-specific integrated circuit market are- Allan Chemical., Baerlocher GmbH, Brenntag Specialities, Dover Chemical Corporation, Faci S.P.A., Hummel Croton, Peter Greven GmbH & Co. KG., PMC Biogenix, Sun Ace Kakoh (Pte) Ltd, and Valtris Specialty Chemicals.

    Asia-Pacific is estimated to be the fastest-growing market for Metallic Stearate during the forecast period with lucrative growth opportunities.

    Growing global plastics and rubber industry along with surging demand in cosmetics and pharmaceutical applications, growing product demand for refining surface textures of plastic goods are the factors driving the growth of market.

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