-- Metallic stearates are the salt of metal with long carbon fatty acid chain known as octadecanoic acid. Generally they are produced by the reaction of steric acid and metal halides, metal sulfate, metal oxide and others. They possess a chemically stable hydrocarbon chain and offers hydrophobic nature. They comprise of several properties such as water repellence, separating property, stabilizing effect, gelling capacity, foam inhibition and lubricating property. Metallic stearates classified into are aluminum, calcium, zinc, and magnesium. It has a wide application in pharmaceuticals, plastics, rubber, cosmetics, coatings, building & construction, and others.
Market Size and Forecast
The global metallic stearates market is expected to grow at a CAGR of 6.1% during the forecast period of 2017-2027. Rising demand of the PVC and other polymer as process material in several fields is anticipated to drive the growth of metallic stearates market. Further, the favorable government regulations and policies are expected to expand the global metallic stearates market.
Globally, Asia Pacific is expected to grow at the highest CAGR over the forecast period. Rising population and improving economic condition in this region is expected to positively impact the growth of metallic stearates market. Continuous growing demand of the metallic stearates at the end user such as pharmaceuticals & cosmetics polymers & rubbers, building & construction, and paints & coatings, building & construction is anticipated to foster the global market.
Further, North America is expected to contribute to the growth of the metallic stearates market over the forecast period. It has several applications in rubber & plastic, cosmetics & pharmaceutical which are expected to showcase significant rise metallic stearates market in the upcoming year.Request for FREE Sample copy
The metallic stearates market has been segmented into calcium stearates, zinc stearate, magnesium stearates, and aluminum stearates. Further, calcium stearates accounted for the largest market share in overall metallic stearates market in 2016.
Market Segmentation
Our in-depth analysis has segmented metallic stearates Market into the following segments:
By Type
• Calcium stearates
• Zinc stearates
• Magnesium stearates
• Aluminum stearates
By End User
• Building & Construction
• Polymer & Rubber Industry
• Paints & Coatings
• Pharmaceuticals & Cosmetics
• Others
By Region
Metallic Stearates Market is further classified on the basis of region as follows:
• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
• Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
• Middle East and North Africa (GCC, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis
Growth Drivers and Challenges
Increasing usage of the metallic stearate in the manufacturing of the plastic & rubber and also growing demand from the pharmaceutical, cosmetics and aerospace is expected to drive the growth of the metallic stearate market during the forecast period. Metal stearate is used as anti-caking agent in building & construction. Rapid urbanization and continuous growth of building and construction sector is also envisioned to foster the growth of the metallic stearate market in near future. Moreover, rising awareness related to benefits associated with the product made up of metallic stearate among the population is anticipated to positively impact the growth of the metallic stearate market during the forecast period. Further, government initiatives and policies towards the metallic stearate products are also anticipated to garner growth of the metallic stearate market during the forecast period.
However, cost of the metallic stearate product is expected to dampen the growth of the metallic stearate market over the forecast period.Buy This Report
Key Players
Dover Chemical Corporation ,Nimbasia Stabilizers,Seoul Fine Chemical Ind,Peter Greven GmbH & Co. KG,Baerlocher GmbH,PMC Biogenix,James M. Brown Ltd.,Nimbasia Stabilizers,Marathwada Chemicals,IRRH Specialty Chemical,Other Prominent Players
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact Info:
Name: Ajay Daniel
Email: Send Email
Organization: research nester pvt. ltd.
Phone: +1 646 586 9123
Website: https://www.researchnester.com/reports/metallic-stearates-market/1020
Release ID: 424123
Google
RSS