Metallic Stearate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Metallic Stearate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : August, 2020 | Chemical & Materials | PPT format

Report Digest


Metallic Stearate Market: Snapshot

Metallic stearate is extensively used in the form of molding agents, lubricants, and plastic stabilizers. They are used across various industries. The expansion of automotive industry is expected to surge the growth of the global metallic stearate market in the following years.

Moreover, metallic stearate is also used in industries such as food, pharmaceutical, paints and coatings, etc.

Quality and Technologically Advanced Product to Promote Market

Valtris Chemicals one of the global brands received GMP (Good Manufacturing Practice) award for their exemplary production process for metal stearates, aiding in substantial growth in the global metallic stearate market. The increasing rubber production is likely to increase the sales of metal stearates in the upcoming years.

Additionally, growing use of plastics is expected to drive the global metallic stearate market. Metal stearates provide lubrication to plastics and helps in smooth finished products.

Cosmetic Industry to Boost Growth

It is widely used in cosmetics and pharmaceutical industries for its excellent lubrication properties. In cosmetics it is widely used in shampoos, lipsticks, sunscreens, etc. High demand for cosmetics and personal care products are expected to provide impetus to the global metallic stearate market in the upcoming years.

Various methods are being deployed to assess the surface of the metal stearates, techniques such as x-ray diffraction and IR spectra are being used. High surface metal stearates to promote the global metallic stearate market.

All the above mentioned factors are projected to provide ample growth to the metal stearates market in the near future.

Metallic Stearate Market: Overview

The global metallic stearate market is anticipated to experience a strong market demand during the forecast period 2018 – 2028, owing to its usage in various industries. Metallic stearate is used extensively as mold release agents, plastic stabilizers, and lubricants. Aggressive growth of rubber industry owing to booming automotive industry is anticipated to help the global metallic stearate market to reach new heights. Metallic stearates are metal soaps of an 18-carbon chain fatty acid, which is known as stearic acid. Apart from rubber and plastic industry, metallic stearate has found its application in paint and coatings, construction industry, cosmetics, food, pharmaceuticals, and polymers. Metallic stearate are procured from animal and plat based fatty acid. These metallic stearate does not have any definite chemical compounds but comprise complex blend of mixed hydroxides or fatty acids.

Metallic Stearate Market: Drivers and Restraints

One of the prime reason lifting the global metallic stearate market is its use in the rubber industry. Metallic stearate has the ability to dodge rubber from adhering to mold as well as to itself. This property makes metallic stearate best option for rubber industry. Apart from these, other physical and chemical properties of metallic stearate is extensively used by the rubber industry in various areas. Apart from these, lubrication properties of metallic stearate provides an immense opportunity in the cosmetic and pharmaceutical products. Lubricating properties of metallic stearate helps in tablet pressing and dragee preparation. Cosmetic products such as lipsticks, medicated ointments, eyeliners, body and foot powders, and shampoo are also driving demand in the global metallic stearate market.

Metallic stearate market also finds its application in the textile industry. It is used as antistatic agents. Metallic stearate is used for swelling and suspension aids for other additives like pigments in the ink industry. It is used as suspension agents while manufacturing liquid wax compounds and waxes. Surge in disposable income of consumers all across the world has increased the demand for premium products to improve their lifestyle. This is likely to positively influence the global metallic stearate market growth.

Metallic Stearate Market: Market Potential

Recently, a major player in the global metallic stearate market Valtris Specialty Chemicals acquired INEOS ChloroToluenes and INEOS Baleycourt. This step is likely to enhance the company’s product portfolio.

Metallic Stearate Market: Regional Outlook

On the basis of geography, Asia Pacific is anticipated to hold the leading position in the global metallic stearate market owing to growing demand from countries such as China and India. These countries are witnessing a stellar growth in the rubber, building and construction, and plastics industry. However, North America metallic stearate market stands on the second spot, and is predicted to show a steady growth during the forecast period. Growing inclination towards organic foods in the region is expected to favor market growth in the region.

Metallic Stearate Market: Companies Mentioned

Some of the key players in the global metallic stearate market are Faci S.p.A, Valtris Speciality Chemicals, Baerlocher GmbH, Dover Chemical Corporation, and Peter Greven GmbH & Co

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.