Pune, India, Jan. 12, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, worldwide metallic stearates market, valued USD 3.9 billion in 2020, is slated to register 4.1% CAGR over 2021-2027 and reach USD 5.17 billion by the forecast period-end.
In order to gain a better understanding of the overall market size and scope, the authors of the report have classified it based on product type, end-user, and regional extent. These segments are studied extensively in terms of their revenue share and growth potential to identify the top growth prospects going forward.
Proceeding further, the document analyzes the competitive landscape through detailed business profiles that comprise important data points such as product & service portfolio, geographical presence, and production capacities among others.
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Escalating demand for plastics serves as a major growth impetus for the industry, with annual plastic production across the globe witnessing an increase from 48 million metric tons in 2017 to 367 million metric tons in 2020.
Besides, demand from cosmetics, pharmaceutical, and rubber industries, along with technological innovations and increasing R&D activities are contributing to the market growth.
For the uninitiated, the precipitation method employed for the production of metallic stearates is primarily utilized to yield small particles of the metal salts with higher surface area, making it preferable in plastics, construction, and other end-use industries.
Despite the positive outlook, variations in bulk varieties of the product and competitive pricing are the major challenges for manufacturers and businesses in global metallic stearates industry.
Regional scope overview:
Asia Pacific, North America, Europe, and Latin America are the major growth avenues for the market. Asia Pacific currently boasts of the largest industry share and will likely continue progressing at a strong pace over the forecast duration, creditable proliferating number of construction activities in the region.
Meanwhile, North America market is slated to garner strong gains in the ensuing years, mainly driven by rising number of R&D activities.
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Competitive landscape summary:
James M. Brown Ltd., PMC Biogenix, Sun Ace Kakoh (Pte.) Ltd., Norac Additives LLC, Faci spa, Baerlocher GmbH, Peter Greven GmbH & Co. KG, and Valtris Specialty Chemicals Ltd are among the major contenders impacting global metallic stearates industry trends. These companies are focusing on amplifying their production capacity, expanding distribution network, and undertaking partnerships to improve their position in this business sphere.
Global Metallic Stearates Market, by Type (2018-2027, Value, USD Billion)
- Calcium Stearate
- Zinc Stearate
- Magnesium Stearate
- Aluminum Stearate
Global Metallic Stearates Market, by End-User (2018-2027, Value, USD Billion)
- Polymers & Rubbers
- Building & Construction
- Pharmaceuticals & Cosmetics
Global Metallic Stearates Market, by Geography (2018-2027, Value, USD Billion)
North America
- United States
- Canada
Europe
- United Kingdom
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- Rest of APAC
Latin America
- Mexico
- Brazil
Rest of the World
Global Metallic Stearates Market, by Geography (2018-2027, Value, USD Billion)
- James M. Brown Ltd.
- PMC Biogenix
- Sun Ace Kakoh (Pte.) Ltd.
- Norac Additives LLC
- Faci spa
- Baerlocher GmbH
- Peter Greven GmbH & Co. KG
- Valtris Specialty Chemicals Ltd.
- Dover Chemical Corp.
- Nimbasia Stabilizers LLP
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Metallic Stearates Market, by region, 2019-2027 (USD Billion)
1.2.2. Metallic Stearates Market, by Type, 2019-2027 (USD Billion)
1.2.3. Metallic Stearates Market, by End User Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Metallic Stearates Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Metallic Stearates Market Dynamics
3.1. Metallic Stearates Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing demand from the cosmetics, and pharmaceuticals industry
3.1.1.2. Increasing demand for rubber and plastics
3.1.2. Market Challenges
3.1.2.1. Market variations in the bulk varieties of the product
3.1.2.2. Competitive pricing variations
3.1.3. Market Opportunities
Chapter 4. Global Metallic Stearates Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Metallic Stearates Market, by Type
5.1. Market Snapshot
5.2. Global Metallic Stearates Market by Type, Performance - Potential Analysis
5.3. Global Metallic Stearates Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Metallic Stearates Market, Sub Segment Analysis
5.4.1. Zinc Stearate
5.4.2. Calcium Stearate
5.4.3. Magnesium Stearate
5.4.4. Aluminium Stearate
Chapter 6. Global Metallic Stearates Market, by End User Industry
6.1. Market Snapshot
6.2. Global Metallic Stearates Market by End User Industry, Performance - Potential Analysis
6.3. Global Metallic Stearates Market Estimates & Forecasts by End User Industry 2018-2027 (USD Billion)
6.4. Metallic Stearates Market, Sub Segment Analysis
6.4.1. Polymers & Rubbers
6.4.2. Pharmaceuticals & Cosmetics
6.4.3. Building & Construction
Chapter 7. Global Metallic Stearates Market, Regional Analysis
Related Report:
Metallic Stearate Market Size, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024
Global Metallic Stearate Market should surpass USD 7 Billion by 2024; according to a new research report. Rising demand from diverse end use industries are anticipated to drive metallic stearate market growth. Zinc, calcium, aluminum, and magnesium are most commonly used stearates. They are of high commercial importance owing to their lubricating, gelling, stabilizing and water repellence properties. They are produced using vegetable oils which is an organic raw material. Germany aluminum stearate industry should generate revenues up to USD 65 million by 2024. This growth in can be ascribed to presence of strict ecological protection policies accompanied by growing consumer awareness. Existence of major producers in region and their striding drive for product revolution would strengthen regional industry growth.
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