Global Metallic Stearates Markets Report 2022: Market to Reach $4.1 Billion by 2026 - Polymer & Rubber Emerges as Leading End-Use, Pharmaceuticals & Cosmetics to Drive Future Growth - ResearchAndMarkets.com

The "Metallic Stearates - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Metallic Stearates Market to Reach $4.1 Billion by 2026

The global market for Metallic Stearates, estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2026, growing at a CAGR of 5.4% over the analysis period.

Zinc Stearate, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$1.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Calcium Stearate segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $786.5 Million in 2021, While China is Forecast to Reach $743.7 Million by 2026

The Metallic Stearates market in the U.S. is estimated at US$786.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$743.7 Million by the year 2026 trailing a CAGR of 7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Demand for metallic stearates from end-use industries, such as rubber and polymer, is likely to spur growth, especially in Asia-Pacific. Growing use of metallic stearates as mold releasing agents in the rubber industry will contribute in fueling the market growth. Further, the increased demand for polymers, such as PVC, in various end-use applications is also expected to boost the market.

Rapid growth of the plastics industry, coupled with the rising demand for products with smoother surface textures is anticipated to propel the market growth in the coming years. Metallic stearates are also extensively used in the paper industry for personal hygiene and packaging products.

The emerging trend of sanitization and personal hygiene practices is anticipated to further accelerate the demand for metallic stearates. In the past few decades, metallic stearates have evolved significantly to make them available in a large number of customized grades with variable valencies to cater to specific application requirements.

End users of metallic stearates now have a choice of provisioning particular grades as per their requirements. Leading producers of metallic stearates are also investing heavily on developing compatible grades for use in particular applications. This has resulted in the increased usage of metallic stearates in the cosmetics and pharmaceuticals industry, where regulations are more stringent regarding the type of materials used.

In addition, continuous evolution in the rubber and polymer industry has led to the development of a wide array of complex product applications, which is significantly driving the demand for customized grades

Magnesium Stearate Segment to Reach $717.9 Million by 2026

In the global Magnesium Stearate segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combine

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$90.9 Million by the year 2026, while Latin America will expand at a 5.5% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • COVID-19 Crisis Weakens Global Economic Environment, Triggering Negative Tide in GDP & Industrial Output Forecasts
  • An Introduction to Metallic Stearates
  • Key Metallic Stearate Types
  • Global Metallic Stearates Market: Prospects & Outlook
  • Zinc Stearates Market: The Largest Product Type
  • Polymer & Rubber Emerges as Leading End-Use, Pharmaceuticals & Cosmetics to Drive Future Growth
  • Developing Economies to Spearhead Market Growth
  • Competition
  • World Brands
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 41 Featured)

  • Akrochem Corporation
  • Anhui Shafeng
  • Baerlocher GmbH
  • Dainichi Chemical Industry Co., Ltd
  • Dover Chemical Corporation
  • Evergreen Industries
  • FACI SPA
  • Hangzhou Oleochemicals
  • IRRH SPECIALTY CHEMICALS
  • James M. Brown Ltd
  • Lumega Industries
  • Mallinckrodt Pharmaceuticals
  • Marathwada Chemicals
  • Mittal Dhatu Rashayan Udyog
  • Nimbasia
  • Norac Additives LLC
  • Peter Greven GmbH & Co. KG
  • PMC Biogenix, Inc
  • PROMAX Industries ApS
  • Seoul Fine Chemical
  • Sinwon Chemical Co., Ltd
  • Sun Ace Kakoh (Pte.) Ltd
  • Tianjin LangHu Chem Co. Ltd
  • Univar Solutions Inc
  • Valtris Specialty Chemicals
  • WSD Chemical limited

3. MARKET TRENDS & DRIVERS

  • Rising Importance of Plastics in Modern World & Increase in Plastic Production Volumes to Support Metallic Stearates Demand
  • Rubber Demand Influences Market Growth
  • Growth of Pharmaceuticals & Cosmetics Industries Provides Opportunities for Market
  • Convergence of New Technologies and Healthcare Pave the Way for Growth in Pharmaceutical Industry
  • Cosmetics Industry Dynamics Impact Market Demand
  • With COVID-19 Pandemic Dampening Outlook for Construction Industry, Demand for Metallic Stearates Poised to be Affected
  • Paints & Coatings Industry Spurs Growth in Metallic Stearates Market
  • Calcium Stearate Market: End-Use Markets to Propel Demand
  • Innovations and R&D Initiatives Benefit Market

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/d9ppoq

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