The Infinium Global Research analyzes the Metallic Stearate Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global metallic stearate market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of metallic stearate. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the metallic stearate market during the period. Global Metallic Stearate market to witness 5.1 % CAGR over the forecast period.
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Growing Plastic and Rubber Industry Contributes to the Growth of the Metallic Stearate Market
According to the IGR research analysts, increasing demand for cosmetics products worldwide drives the growth of the metallic stearate market. Metallic stearates are used in shampoos, lipsticks, eyeliners, sun-protective lotions, and body and foot powders. The growing plastic and rubber industry contributes to the growth of the metallic stearate market. Metallic stearates are used as an acid scavenger, mold release agent, and lubricant in the plastic industry. In 2017, Peter Greven Group acquired Norac additives that produce various plastic additives including metallic stearates, lubricants, and PVC heat stabilizers. The acquisition strengthens the company’s position in metallic soaps and plastic additives.
The report gives an in-depth analysis of the global metallic stearate market, focuses on market opportunities along with the trends driving the market. It provides market segmentation by product, application, and region. Based on product the study includes zinc stearate, aluminum stearate, magnesium stearate, calcium stearate, other products. Zinc stearate is expected to dominate the product type segment owing to its use as release agents and lubricants in the rubber and plastic industry. The application segment includes rubber, plastics, pharmaceuticals, building and construction, cosmetics, and other applications. Plastic holds the largest share in the application segment due to the use of metallic stearate as acid scavengers, and lubricants in the plastic industry.
Asia-Pacific is expected to hold a premium share in the global metallic stearate market. Growing construction activities stimulates the demand for metallic stearate in paints and costing, plastics, and rubber in the Asia-Pacific region contributing to the growth of the metallic stearate market in Asia-Pacific.
The report profiles key players in the market are Faci S.p.a., Univar Solutions Inc., Baerlocher GmbH, Dover Chemical Corp., Evergreen Industries, Peter Greven GmbH and Co. KG, Valtris Specialty Chemicals Limited, Dainichi Chemical Industry Co., Ltd., Sinwon Chemical Co., Ltd., Sun Ace Kakoh Pte Ltd., and other companies. Valtris Specialty Chemicals acquired Akcros Holdings Ltd. which is a provider of specialty chemicals used as additives in the processing of polymers, paints, and coatings. The acquisitions help Valtris Specialty Chemicals Ltd. to expand as a leading global player in the polymer additives industry.
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The Infinium Global research comprises of a team of well-experienced analysts who have qualified in generating incisive reports. The metallic stearate market report offers trends, opportunities, challenges, market size, and forecast for major geographical regions and key countries. This report on metallic stearate market studies the global market, especially in North America, Europe, Asia-pacific, and RoW with production, revenue, consumption, import, and export in these regions. Each IGR syndicated research report covers different sectors such as healthcare & medical devices, chemicals, energy, Food & beverage, semiconductors, consumer goods, and Infra.