Registering a CAGR of 5.2% over the forecast period, the market value of Metallic Stearates is expected to reach US$ 4,200.70 million in the year 2027.
Metallic stearates, also known as salts and cleansers, are used to improve a variety of products. Manufacturers' customization for numerous applications is currently boosting the overall growth of the metallic stearates industry. The lubrication, separation properties, release agents, and other properties of metallic stearates are going to drive their adoption in a variety of end-user industries. Zinc stearates are used as lubricants in the pharmaceutical and cosmetic industries; magnesium stearates were also used in tablet lubrication. In recent years, such factors have aided the overall growth of the metallic stearates industry.
Market growth is expected to be driven by the expanding global plastics and rubber industry, as well as rising demand for cosmetics and pharmaceutical applications. As metallic stearates, a wide range of products, including aluminum, zinc, and calcium stearate, are used in a variety of applications, including plastics, rubber, pharmaceuticals, and cosmetics.
In the current market landscape, a variety of metallic stearates are available, including aluminum stearates, zinc stearates, sodium stearates, and calcium stearates. During the forecast period, research and development activities are expected to play an important role in the overall growth of the global metallic stearates market. Another factor expected to have a significant impact on the growth of the global metallic stearates market in the coming years is the increasing adoption of metallic stearates, particularly in the construction sector. The expanding applications of metallic stearates as a result of additional research and scientific studies are expected to drive demand for metallic stearates during the assessment period.
The report aspects discussed the profile of the top manufacturers of the global Metallic Stearates market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Metallic Stearates Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Metallic Stearates includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Baerlocher, Valtris, CHNV Technology, FACI SPA, PMC Biogenix, Sun Ace Kakoh, Anhui Shafeng, Tianjin Langhu, Mittal Dhatu, Peter Greven, Dover Chemical, Jiangxi Hongyuan, Hangzhou Oleochemicals, James M. Brown, Evergreen Chemical, Seoul Fine Chemical and others.
In September 2020, Kigo Chemical, entered into an contract with Valtris Specialty Chemicals, to distribute Synpro Metallic Stearates across Mexico.
Ravago Chemicals North America Announces New Valtris Distribution Partnership
22nd of October, 2020—Ravago Chemicals North America (RCNA) is pleased to announce a new collaboration with Valtris Specialty Chemicals, a market leader in metal stearates and specialty additives. RCNA will distribute the Valtris materials under its existing product portfolio for the Food, Nutraceutical & Pharmaceutical (FNP), and Personal Care segments within the Life Ingredients Division. This partnership will help both companies to better service, supply and distribute specialty additives to diverse industries across the United States.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
The Asia-Pacific region is expected to be the most important market for metallic stearate. Factors such as producers expanding their regional presence in the Asia-Pacific region to easily source raw materials and the availability of cheap labor are expected to drive regional market growth. Increased construction activity in Asia-Pacific propels the use of metallic stearate in paints, rubber, and plastic, driving the growth of the metallic stearate market in Asia-Pacific.
Furthermore, metallic stearate is increasingly being used as a non-gelling thickener and lubricant in the personal care industry. Its use in shampoos, sun-protective lotions, medicated ointments, deodorants, fragrances, and hair and skincare products propels the metallic stearate market forward. Metallic stearates are widely used in the paper, cosmetic, and stationery industries due to their high melting point, hydrogen solubility, and water repellence.
As an industrial base, the Asian region requires metallic stearates from the paper and cosmetics industries. China is the world's largest producer and consumer of plastic and rubber. During the forecast period, these established industries are expected to contribute to the demand for metallic stearates.
The Metallic Stearates Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Metallic Stearates Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Metallic Stearates Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Metallic Stearates Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Metallic Stearates Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Baerlocher, Valtris, CHNV Technology, FACI SPA, PMC Biogenix, Sun Ace Kakoh, Anhui Shafeng |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Baerlocher, Valtris, CHNV Technology, FACI SPA, PMC Biogenix, Sun Ace Kakoh, Anhui Shafeng, Tianjin Langhu, Mittal Dhatu, Peter Greven, Dover Chemical, Jiangxi Hongyuan, Hangzhou Oleochemicals, James M. Brown, Evergreen Chemical, Seoul Fine Chemical |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 118 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Metallic Stearates Market is studied from 2017 - 2027.
What is the growth rate of the Metallic Stearates Market?
The Metallic Stearates Market is growing at a CAGR of 5.2% over the next 5 years.
Who are the key players in Metallic Stearates Market?
Baerlocher, Valtris, CHNV Technology, FACI SPA, PMC Biogenix, Sun Ace Kakoh, Anhui Shafeng, Tianjin Langhu, Mittal Dhatu, Peter Greven, Dover Chemical, Jiangxi Hongyuan, Hangzhou Oleochemicals, James M. Brown, Evergreen Chemical, Seoul Fine Chemical
What regions does this Metallic Stearates Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Metallic Stearates Market?
Zinc Stearate, Calcium Stearate, Magnesium Stearate, Aluminum Stearate, Others
What are the major end-use applications of Metallic Stearates Market?
Polymers & Rubbers, Building & Construction, Pharmaceuticals & Cosmetics, Others
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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REPORT WRITING/ PRESENTATION
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