Global Metallic Stearates Market by Type (Zinc Stearate, Calcium Stearate, Magnesium Stearate, Aluminum Stearate), By End-user (Polymers & Rubbers, Pharmaceuticals, Cosmetics, Building & Construction) – Industry Trends and Forecast to 2024
Additionally, contender’s monetary particulars, for example, income model, value chain, deals volume, net revenues, and CAGR are likewise evaluated in this report. It likewise features the benefit making business methodologies of the contenders, which incorporate ongoing acquisitions, mergers, item dispatches, and every single limited time movement. The analysis likewise talks about various fundamental components, for example, strategy, evaluating structure, commercial center, and item/administration and help to decide a suitable area for business, make sense of best special techniques to achieve specific market fragment, and set a best prize as far as net revenue and purchaser acceptance.
The Global Metallic Stearates Market accounted for USD 3.90 billion and is projected to grow at a CAGR of 5.5% during the forecast by 2024.
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Major Market Competitors: Global Metallic Stearates Market
Some of the major players in metallic stearates market include
- Valtris Specialty Chemicals
- Norac Additives
- Sun Ace Kakoh (Pte.) Limited
- PMC Biogenix Inc.
- James M. Brown Ltd
- Nimbasia Stabilizers
- Dover Chemical Corporation
- Baerlocher GmbH
- FACI SAP
- Peter Greven GmbH & Co. Kg
- Marathwada Chemical Industries Pvt. Ltd.
- Lumega Industries
- Seoul Fine Chemical Ind
- IRRH Specialty Chemicals and many more.
Market Definition: Global Metallic Stearates Market
Metallic stearates are long chain fatty acid compounds with metals of different valences. Metallic stearates can be used for a wide range of applications, owing to their versatile properties, such as lubrication, separating properties, water repellence, gelling, stabilizing, foam inhibition, and others. Metallic stearates have high melting points and are thermostable in nature. There is a growing demand for metallic stearates in polymers & rubbers, pharmaceuticals & cosmetics and building & construction activities, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
- Increasing demand for PVC (polyvinyl chloride) and other polymers that use metallic stearates in various types of processing
- Demand of metallic stearates in the manufacturing of different polymers
- Demand in manufacture of soaps and detergents
- Unstructured market in case of bulk grades
Market Segmentation: Global Metallic Stearates Market
The metallic stearates market is segmented on the basis of type into zinc stearate, calcium stearate, magnesium stearate, and aluminum stearate.
- On the basis of end-user, the market is segmented into polymers & rubbers, pharmaceuticals & cosmetics, and building & construction.
- On the basis of geography, the metallic stearates market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Metallic Stearates Market
The global metallic stearates market is consolidated with the presence of a limited number of players. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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