Metallic Stearates Market sales to exceed US$ 3,178.0 Mn by registering a positive CAGR of 4.2% in the forecast period 2022-2028

Metallic Stearates Market sales to exceed US$ 3,178.0 Mn by registering a positive CAGR of 4.2% in the forecast period 2022-2028

The global metallic stearate market is estimated to expand at a 5.4 % CAGR over the forecast period, with the market valuation reaching US$ 1 Bn by 2032.

Metallic Stearates Market Size (2022) US$ 2,478.4 Mn
Projected Market Value (2028) US$ 3,178.0 Mn
Global Market Growth Rate (2022-2028) 4.2% CAGR
Country With Dominant Market Share China

Among a wide range of end-use industries, the polymers and plastics sector is the biggest consumer of metallic stearates. These products are utilized in the production of many different types of polymers and plastics including polyethylene (PE), polypropylene (PP), polystyrene (PS) and various others. Increasing adoption of metallic stearates to improve the surface texture of plastic items will boost sales in the forthcoming years.

In addition, the consumption of metallic stearates in pharmaceutical and personal care products is increasing. Various properties of metallic stearates such as gelation capacity and lubrication are boosting their applications in the production of creams, ointments, gels, shampoos, and other personal care products.

Despite a wide spectrum of applications of metallic stearates, the commercial potential of various product types such as sodium stearates is still untapped. Increasing research and development for the applications of sodium, zinc and cadmium stearates will create opportunities for growth in the market.

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“Increasing adoption of metallic stearates for the production of flexible packaging for pharmaceutical products, medical equipment and personal care products will drive the market over the forecast period,” says an FMI analyst.

Metallic Stearates Market

Key Takeaways:

In terms of application, demand for metallic stearates in the polymer and plastic sector will remain high.

  • Based on product type, sales of calcium stearates are expected to surpass the demand for zinc stearates.
  • Sales in the U.S. market will grow at a 4.9% CAGR, accounting for a dominant share in the North America metallic stearates market.
  • China will emerge as a lucrative pocket, holding nearly 33% of the East Asia metallic stearates market share over the forecast period.

 Competitive Landscape

Dover Chemical Corporation, PROMAX Industries, Valtris Specialty Chemicals, Peter Greven GmbH & Co. KG, Baerlocher GmbH, Faci S.p.A, Sun Ace Kakoh (Pte.) Limited, Akrochem Corporation, Norac Additives, Lumega Industries, Norac Additives, Lumega Industries, Nimbasia Stabilizers, James M. Brown Ltd, IRRH Specialty Chemicals Co., Ltd, PMC Biogenix, Inc, MLA Group India, ACME-Hardesty, Chempoint, and various others are the some of the key manufacturers of Metallic stearates profiled in the full version of the report.

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More Insights into the Metallic Stearate Market Report

In its latest report, FMI offers an unbiased analysis of the global metallic stearate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, its growth, and scope, the market is segmented based on application, product type and region.

Key Segments Covered in Metallic Stearates Industry Survey

Metallic Stearates by Product Type

  • Zinc Stearate
  • Calcium Stearate
  • Magnesium Stearate
  • Aluminium Stearate
  • Others (Sodium Stearate, Barium Stearate, etc.)

Metallic Stearates by Application

  • Metallic Stearates for Polymers & Plastics Industry
  • Metallic Stearates for Rubber Industry
  • Metallic Stearates for Pharmaceuticals Industry
  • Metallic Stearates for Personal Care & Cosmetics Industry
  • Metallic Stearates for Construction Industry
  • Metallic Stearates for Paints & Coatings Industry
  • Others

Metallic Stearates Market by Region

  • North America Metallic Stearates Market
  • Latin America Metallic Stearates Market
  • Europe Metallic Stearates Market
  • East Asia Metallic Stearates Market
  • South Asia & Pacific Metallic Stearates Market
  • Middle East & Africa (MEA) Metallic Stearates Market

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Table of Content

1. Table of Contents

2. Executive Summary

2.1. Global Market Outlook

2.2. Segment Analysis

2.3. Regional Value and Volume Analysis

2.4. Demand Side Trends

2.5. Supply Side Trends

2.6. Technology Roadmap Analysis

2.7. Key factors to offer Competitive Advantage

2.8. Analysis and Recommendations

3. Market Overview

3.1. Market Taxonomy

3.2. Market Definition

4. Key Market Trends

4.1. Key Trends Impacting the Market

5. Key Success Factors

5.1. Product Adoption Analysis

5.2. Strategic Promotional Strategies

5.3. Technological Innovation

continued…!

Frequently Asked Questions

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The post Metallic Stearates Market sales to exceed US$ 3,178.0 Mn by registering a positive CAGR of 4.2% in the forecast period 2022-2028 appeared first on Future Market Insights.

Published Fri, 06 May 2022 13:15:03 -0500

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