Global Metallic Stearates Market By Product Type (Zinc Stearate, Calcium Stearate, and others), By Application, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Oct 2021
- Report ID: 13363
- Number of Pages: 355
- Format:
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Metallic Stearates Market Overview:
The global market for metallic stearates was valued at USD 4.10 Billion in 2021. It is projected to grow at a 5.2% CAGR between 2023 to 2032.
Market growth is expected to be driven by the growing plastics and rubber industries, as well as increasing demand for cosmetics and pharmaceutical products. There are many products that can be used as metallic stearates. These include aluminum, zinc, and calcium stearate. They are used in a wide variety of applications such as plastics and rubber, pharmaceuticals, and cosmetics.
Global Metallic Stearates Market Scope:
Product type analysis
The global metallic stearate industry was led by zinc stearate in 2021. It is insoluble in polar solvents like alcohol and ether, but it is soluble in chlorinated and aromatic hydrocarbons. Zinc stearate is the most powerful mold release agent because it does not contain an electrolyte. They are used in the rubber and plastic industries as lubricants and release agents. Calcium stearate, a white waxy powder, is classified as a calcium soap.
It is insoluble with most solvents. However, it will dissolve slightly when heated in chlorinated carbons, aromatic compounds, mineral and vegetable oils, and waxes.
Calcium stearate is used primarily in the plastics industry as a mold release agent and lubricant. It is used in the construction industry as a hydrophobic ingredient to preserve building materials and prevent moisture absorption. It is used in cosmetics and pharmaceutical industries as an anti-caking ingredient for powders and granules.Aluminum stearates can be used in the manufacture of aluminum greases. These greases are hydrophobic and have good adhesion to metallic surfaces. Aluminum stearates are excellent water repellents. They are used as water-repellent ingredients in paints, coatings, and other building materials. Aluminum mono-, tri- and di-stearates can be insoluble in water, esters, and lower alcohols. They also react with ketones. Peter Greven GmbH & Co. are major players. KG., Baerlocher GmbH. and Valtris Specialty Chemicals. are major players in aluminum stearates manufacturing for the building and construction industry and cosmetics industry.
Application Analysis
In 2021, the plastics segment was the most profitable in terms both of revenue and volume. The plastics industry uses metallic stearates primarily as lubricants and acid scavengers. It is also essential in the melting process. The producers can optimize production by using it to produce articles with smoother surfaces.
Rubber was the second most popular application. Metal stearates have rubber-release agents that are ideal for their properties. The product is used in several processes, including transfer molding, compression molding, and extrusions. Major market players, including Bridgestone and Goodyear Tire & Rubber Company, use rubber tires made with metallic stearates.
Metallic stearates are used in cosmetics and personal care products mainly for the formulation of eyeshadows, lipsticks, mascaras, foundations, powders, blushers, and face powders. They can also be used in hair and skin products, deodorants, fragrances, as well as hair and skincare products. The product can also be used in sun-protective lotions and medicated ointments as well as foot and body powders.
Кеу Маrkеt Ѕеgmеntѕ
By Product Type
- Zinc Stearate
- Aluminum Stearate
- Calcium Stearate
- Magnesium Stearate
- Sodium Stearate
- Lithium Stearate
- Other Products
By Application
- Plastics
- Pharmaceuticals
- Rubber
- Building & construction
- Cosmetics
- Paints & coatings
- Other Applications
Market Dynamics:
Market growth is expected to be driven by the rapid expansion of the plastics sector and the growing demand for products that can refine the surface textures of plastic goods. The demand for metallic steel is likely to rise due to the increased use of mold-release agents in the rubber industry.
Manufacturers focus on R&D and the development of advanced production technologies. The most common method of producing metallic stearates is double decomposition or precipitation. The rate of precipitation determines the particle size, surface area, and particle morphology. This method produces fine metallic stearate particles with high surface areas. These stearates can be used as lubricants or release agents. Direct reaction is the reaction of stearic acid with metal oxide at high temperatures. To monitor the properties of metallic stearates’ surfaces, a variety of technologies are available, including X-ray diffraction and SEM microscopy.
The plastics industry has a lot of use for metallic stearates. They are used in the plastics industry as acid scavengers and mold release agents. The product improves the surface texture of plastic articles. They also reduce friction and can be used in plastic industry melt processing. They are used in major plastics like Polypropylene (PP), Polyethylene (PE), Polyamide (PA), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), and Polyvinyl Chloride (PVC).
Over the last few years, global plastic production has increased rapidly. China was the world’s largest plastics producer, followed by Europe (North American Free Trade Agreement) and North America. The largest producer of plastics in Europe was Germany. Other important plastics-producing nations in Europe are Turkey, France, Poland, and Italy. The NAFTA region was the main producer of plastics. The top exporters of plastics and plastic-based products were China, Germany, and the U.S. The U.S., Mexico, and France are the top plastics importers in terms of volume.
Regional Analysis
The Asia Pacific was the largest regional market, with a revenue sharing of 43.1% in 2021. The product has been in high demand due to the robust economic growth in India and China over the last few years. The product demand for paints, coatings, rubber, and plastics has increased due to the increase in construction activity and automobile production. North America was the second largest regional market. The high demand from the cosmetic and pharmaceutical industries has driven the demand for products from Canada and the U.S. In the coming years, there will be a rise in R&D in the area of metallic stearates to develop efficient products for commercial use.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Key players are positively affected by product differentiation and expansions. Manufacturers are focused on creating products with better surface properties. Manufacturers are focused on the incorporation of vegetable oil-based stearic acids into their products. To increase their participation in the value chain, companies place emphasis on product launches, capacity expansion, and partnerships.
Market Key Players:
- Dover Chemical Corporation
- Peter Greven GmbH & Co. KG
- Faci S.p.A
- Valtris Specialty Chemicals
- Baerlocher GmbH
- Norac Additives
- Sun Ace Kakoh (Pte.) Limited
- Nimbasia Stabilizers LLP
- PMC Biogenix, Inc.
- Other Key Players
For the Metallic Stearates Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Market Size in 2022
4.10 Billion
Growth Rate
5.2%
Forecast Value in 2032
7.16 Billion
Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
What is the size of the Metallic Stearates market in 2021?The Metallic Stearates market size is estimated to be US$ 4,102.8 million in 2021.
What is the projected CAGR at which the Metallic Stearates market is expected to grow at?The Metallic Stearates market is expected to grow at a CAGR of 5.2% (2023-2032).
List the segments encompassed in this report on the Metallic Stearates market?Market.US has segmented the Metallic Stearates market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product Type, market has been segmented into Zinc Stearate, Calcium Stearate, Aluminum Stearate, Magnesium Stearate, Lithium Stearate, and Sodium Stearate. By Applications, the market has been further divided into Plastics, Rubber, Pharmaceuticals, Cosmetics, Building & construction, and Paints & coatings.
List the key industry players of the Metallic Stearates market?Dover Chemical Corporation, Peter Greven GmbH & Co. KG, Faci S.p.A, Valtris Specialty Chemicals, Baerlocher GmbH, Norac Additives, Sun Ace Kakoh (Pte.) Limited, Nimbasia Stabilizers LLP, PMC Biogenix, Inc., and Other Key Players engaged in the Metallic Stearates market.
Which region is more appealing for vendors employed in the Metallic Stearates market?APAC accounted for the highest revenue share of 43.1%. Therefore, the Metallic Stearates industry in APAC is expected to garner significant business opportunities over the forecast period.
Name the key areas of business for Metallic Stearates?China, India, Japan, South Korea, Brazil, U.S., Canada, Mexico, Germany, U.K., Italy, France, South Africa, are key areas of operation for Metallic Stearates Market.
Which segment accounts for the greatest market share in the Metallic Stearates industry?With respect to the Metallic Stearates industry, vendors can expect to leverage greater prospective business opportunities through the zinc stearates segment, as this area of interest accounts for the largest market share.
- Dover Chemical Corporation
- Peter Greven GmbH & Co. KG
- Faci S.p.A
- Valtris Specialty Chemicals
- Baerlocher GmbH
- Norac Additives
- Sun Ace Kakoh (Pte.) Limited
- Nimbasia Stabilizers LLP
- PMC Biogenix, Inc.
- Other Key Players
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