Global Metallic Stearate Market Projected to Reach USD 5 Billion by 2026

17-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Metallic Stearate Market By Product (Zinc Stearate, Calcium Stearate, Aluminum Stearate, Magnesium Stearate, and Others) and Application (Plastics, Rubber, Pharmaceuticals, Cosmetics, Building & Construction, Paints & Coatings, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global metallic stearate market in 2019 was approximately USD 3.5 billion. The market is expected to grow above a CAGR of nearly 5% and is anticipated to reach over USD 5 billion by 2026.

Metallic stearate is a chemical compound that is available in various forms such as aluminium, zinc, magnesium, calcium, etc. Metallic stearate consists of a long hydrocarbon chain. As hydrocarbon chain is insoluble in water, this makes the metallic stearate hydrophobic in nature. Commercially used metallic stearates are manufactured from fatty acids, which are produced from natural sources. Metallic stearates are primarily created from organic raw materials. In plastic applications, use of metallic stearate for producing allows the manufacturer to produce goods with higher surface finish and minimum friction. In pharmaceutical and cosmetic applications, metallic stearates are used because of their lubrication and water repellent properties.

Browse the full “Metallic Stearate Market By Product (Zinc Stearate, Calcium Stearate, Aluminum Stearate, Magnesium Stearate, and Others) and Application (Plastics, Rubber, Pharmaceuticals, Cosmetics, Building & Construction, Paints & Coatings, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/metallic-stearate-market-by-product-zinc-stearate-calcium-1206

Key properties that of metallic stearate are water repellence, lubricating, stabilizing, acid scavenging, etc. These properties of metallic stearates are a key reason that has led to the applicability of metallic stearate across various industry verticals, one of the key area of applicability being plastic and rubber. In plastic industry, metallic stearates primarily used as acid scavengers and lubricants. Rising plastic consumption globally has also fueled the demand for metallic stearates in plastic sector, which has fueled the global metallic stearate market.

In addition, metallic stearate also finds its applicability in consumer goods such as deodorants, shampoos, medicated ointments, lipsticks, etc. With the growing population and increasing consumer spending on cosmetic products have boosted the global cosmetics sector, which has augmented the global metallic stearate market. Also, the growing rubber production has also been a key growth fueling factor for the global metallic stearate market. However, government regulations on use of metallic stearate may hamper the applicability of metallic stearate in some industry verticals.

In terms of product, the zinc stearate segment held a major share in the global metallic stearate market in 2019. Zinc stearate segment held a share of the of approximately 40% in 2019. Zinc stearates are insoluble in water and are widely used in plastic and rubber industry as lubricants. The growing plastic and rubber product around the world is a key driving factor for the zinc metallic stearate market. Based on application, the plastics segment held a major share of nearly 30% in the global metallic stearate market in 2019. Low cost and light weight of plastic has made it a appropriate material for packaging. The rise in the use of plastics as a packaging material  has augmented the plastic production, which has driven the demand for metallic stearate in plastic industry.

In terms of geography, the Asia Pacific region dominated the global metallic stearate market, accounting for a market share of approximately 45% in 2019. Asia Pacific is home to one of the largest chemical sector. Asia Pacific also dominated the global plastic and rubber production market. With growing industrial production of plastic in Asia Pacific in the last few years, the Asia Pacific metallic stearate market has seen a significant growth.

Report Scope

Some of the leading players in the global market include

Baerlocher GmbH, Valtris Specialty Chemicals, Dover Chemical Corporation, Norac Additives, Faci S.p.A, Peter Greven GmbH & Co. KG, and others.

This report segments the metallic stearate market as follows:

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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