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Metallic Stearates Market-Global Market Outlook (2019-2027)

Metallic Stearates Market-Global Market Outlook (2019-2027)

4.4 (25 reviews)
Published: March 2021 ID: SMRC20354
4.4 (25 reviews)
Published: March 2021 ID: SMRC20354

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Metallic Stearates market accounted for $3.47 billion in 2019 and is expected to reach $6.15 billion by 2027 growing at a CAGR of 7.4% during the forecast period. Customized grades due to variable valencies, increasing metallic stearate usage in cosmetics and personal care products and increasing metallic stearate usage as an additive in the rubber and food industry are some of the key driving factors for the market growth. However, the unstructured market in the case of bulk grades limiting the overall growth of the market.

Metallic stearates are used in the rubber industry for a long time. The main functions of metallic stearates are their capability to intercept rubber from sticking to the mould as well as to itself. The compounder has found various ways to take benefits of the physical and chemical properties of metal stearates. Metallic stearates are also defined as metal salt of stearic acid, an 18-carbon chain fatty acid which that is generally developed by reacting stearic acid and metal salts, such as metal hydroxides and oxides. Metallic stearates are used by many industries like food & cosmetics, pharmaceuticals, construction industry, polymer, rubber and paint & coatings. Metallic stearates are obtained from animal or plant-based fatty acid. They don’t possess absolute chemical compounds but hold a complex blend of integrated fatty acids or hydroxides.

Based on applications, the pharmaceuticals & cosmetics segment is expected to hold a significant share in the metallic stearates market. Among all types of metallic stearates used, calcium and magnesium stearates have an increasing number of applications in this industry.  The key manufacturers focus on specialized grades of these materials that are suitable to meet the requirements of this industry. The use of zinc streates has increased concerns that have affected their growth to a large extent, and during the forecast period, these are expected to lose their market share to calcium and magnesium.
 
By geography, Asia Pacific region holds a largest market share in the metallic stearates market during the forecast period owing to the increasing demand for metallic stearates from countries such as Japan, China, India, and South Korea, among others. Improving economies of scale, and increasing polymer & rubber processing activities in the region are expected to drive the Asia-Pacific metallic stearates market.

Some of the key players profiled in the Metallic Stearates Market include Akrochem Corporation, Baerlocher GmbH, Dover Chemical Corporation, FACI SPA, IRRH SPECIALTY CHEMICALS, James M. Brown Ltd, Lumega Industries, Marathwada Chemicals, Nimbasia, Peter Greven Gmbh, PMC Biogenix Inc, PROMAX Industries ApS , Sinwon Chemical Co Ltd, Sun Ace Kakoh, Valtris Specialty Chemicals  company.

Products Covered:
• Aluminum Stearate
• Calcium Stearate
• Magnesium Stearate
• Zinc Stearate

Forms Covered:
• Pellet/Granular
• Aqueous Stearate Dispersions
• Coarse Powder
• Fine power
• Flakes
• Pastilles & Prills
• Powder

Substrates Covered:
• Fiber
• Glass
• Polycarbonates

Adhesives Covered:
• Acrylic
• Epoxy
• Polyurethane
• Silicone

Applications Covered:
• Building & construction
• Ceramics
• Food
• Lubricants & Detergents
• Paints & Coatings
• Personal Care
• Pharmaceuticals & Cosmetics
• Polymers & Plastics
• Rubber

End Users Covered:
• Smart Glass
• Smart Watches
• Wearable
• Cameras
• Wellness Trackers
• Smart Clothes

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India        
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
•   Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
•   Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
•   Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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