An Incisive, In-depth Analysis on the Metallic Stearates Market
This study offers a comprehensive, 360 degree analysis on the Metallic Stearates market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Metallic Stearates market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Over the years, industrialization in major parts of the world has evolved at a tremendous level, enduring various technological advancements and the adoption of critical strategies that help generate faster revenue growth. Between 1995 and 2014, developing countries witnessed a gradual rise in their share of global industrial output, accounting for 25 percentage points in the world manufacturing value addition factor. Various industrial sectors such as polymers & plastics, rubber, pharmaceuticals, and construction have witnessed drastic changes in terms of technology and product offerings. With the adoption of various industrial tools, manufacturers are now strategizing on improving their product efficiency. Metallic stearates is one such tool companies have been considering in their production processes to enhance product quality and features. Various companies are developing and selling metallic stearates for various end-use industries such as plastic and rubber, globally, to manufacture high quality and sustainable products.
Revenue generated from metallic stearates market is estimated to be valued at US$ 2,125.3 Mn by the end of 2018, and is expected to increase at a CAGR of 4.1% over the forecast period. The global metallic stearates market is expected to be valued at US$ 3,178.0 Mn by the end of 2028. In term of volume, the metallic stearates market is anticipated to expand at a CAGR of 3.8% during the forecast period. The metallic stearates market is estimated to represent an incremental $ opportunity of US$ 1,127.8 Mn over the forecast period.
Metallic Stearates: Overview
Metallic stearates are defined as composites of fatty acids with metal oxide, though some stearates are not soluble in water. Metallic stearates possess several critical properties, which sights large-scale application in various industrial sectors, such as lubricating properties, separating properties, stabilizing effect, gelling capacity, water repellence, and foam inhibition.
In the plastic industry, metallic stearates are primarily being used as acid scavengers, lubricants, and releasing agents. The application of metallic stearates allows processors to produce finished products with much smoother surfaces and comparatively low friction.
Taking into account the outstanding lubrication and release properties of metallic stearates, it provides immense scope for the product in pharmaceutical and cosmetic industry application. The lubricating properties of metallic stearates are used on a large scale in dragee preparation and tablet pressing. Moreover, metallic stearates are used in various cosmetic products such as shampoos, eyeliners, lipsticks, sun protective lotions, medicated ointments, body and foot powders, and many more.
Metallic stearates find themselves in various industrial sectors. In the textile industry, metallic stearates are applied for dry impregnation and antistatic agents. In the ink industry, metallic stearates are utilized as swelling and suspension aids for other additives such as pigments. Metallic stearates are also being used as suspension agents for the production of waxes and liquid wax compounds. In the metal-processing industry, metallic stearates are used as lubricants, release agents, and dry film lubricants.
The global metallic stearates market is segmented as product type, application, and region. By product type, the metallic stearates market is segmented into zinc stearate, calcium stearate, magnesium stearate, aluminium stearate, and others. Among all the product type segments, the zinc stearate segment is estimated to account for 40.0% of the market share in the overall global metallic stearates market in 2018, due to its stabilizing and processing aid properties in a wide range of thermoplastics applications. Based on application, the global metallic stearates market is segmented into polymers and plastics, rubber, pharmaceuticals, personal care and cosmetics, construction, paints and coatings, and others. Among all the applications, the pharmaceuticals segment is estimated to expand at a relatively higher CAGR of 3.9% in the overall global metallic stearates market during the forecast period. Owing to the unique properties of metallic stearates such as excellent lubrication, releasing properties, thixotropic effect, and capacity of gelation, they are widely used in the pharmaceutical industry.
Analysis by Region
On the basis of region, China is anticipated to dominate the global metallic stearates market in 2018. North America is expected to gain significant market share in revenue terms by 2028 end. China is estimated to account for 30.3% of the market share in the overall global metallic stearates market in 2018.
Some of the major companies operating in the global metallic stearates market are Akrochem Corporation, Valtris Specialty Chemicals, PROMAX Industries ApS, Peter Greven GmbH & Co. KG, Univar Inc., Biogenix, Inc., Faci S.p.A., Dover Chemical Corporation, Sinwon Chemical Co., Ltd., Baerlocher GmbH, and others.
Future Market Insights offers a 10-year forecast for the metallic stearates market between 2018 and 2028. In terms of volume, the global metallic stearates market is expected to register a CAGR of 4.1% during the projected period. The primary objective of the global metallic stearates market study is to offer insights on the advancements in the metallic stearates market. The study demonstrates the market dynamics that are expected to influence the current environment and future status of the global metallic stearates market over the forecast period. The primary objective of the global metallic stearates market study is to offer updates on the trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the market.
Metallic stearates are derived from a variety of natural, renewable feed stocks, which determines the properties of a wide range of end products. Metallic stearates are developed by a chemical reaction between steric acid and metal salts, such as metal hydroxides, metal chloride, metal oxides, and metal sulfate. Metallic stearates are available in various forms such as beads, granules, powder, and water-based dispersions. Metallic stearates are the salts of stearic acid or esters. Polymers and plastics are the key industries for metallic stearates. The primary advantage of metallic stearates is their manifold use in industries such as paints, coatings, inks, personal care, polymers, and plastics, and many more. Metallic stearates are used as lubricating agents, softening agents, heat stabilizers, for color dispersion, release lubricants, acid scavengers, anti-tackifiers, and others.
Innovative products such as zinc stearates are evolving due to rapid changes in consumer expectations related to advanced technology, innovative features, and high product performance at low cost. This further leads to expansion in the production of value-added products in plastics, polymers, pharmaceuticals, rubber, and others industries with unique features. Thus, tie-ups with research institutes and universities lead to better research capabilities and innovation of such products. Spending on research and development by key player’s accounts for around 10% of the overall revenue generated by companies. Research and development in the metallic stearates market is very crucial, owing to the dynamic nature of the industry. Various prominent players are establishing new research and development centers, globally, with the objective of catering to the changing demand from consumers, which is the main factor driving the growth of the global metallic stearates market during the forecast period. However, fluctuations in the prices of metallic stearates such as zinc stearates used in food and pharmaceutical applications may hamper the growth of the global metallic stearates in the near future.
The report analyses the market share of metallic stearates on the basis of product type, application, and region. A section of the report highlights the demand for metallic stearates, region-wise. It provides a market outlook for 2018–2028, and sets the forecast within the context of the metallic stearates ecosystem, including new technological developments as well as product offerings in the global metallic stearates market. This study discusses the key regional trends contributing to the growth of the metallic stearates market, globally, as well as analyses the degree to which the drivers are influencing the market, globally. Key regions assessed in the global metallic stearates market report include North America, Latin America, Western Europe, Eastern Europe, APAC, China, and Middle East & Africa.
The research methodology of the global metallic stearates market involves an in-depth secondary research at first, which helps determine top industry players, products, end users, market size, etc. At the same time, primary research is conducted, in which, a number of interviews with various industry experts and subject matter experts is gleaned. Information is also gathered from the annual reports of companies, company websites, white papers, etc. All the data collected is then validated at different levels to assure the accuracy of the end result.
The research study can be of great help to key marketers as well as new entrants in the global metallic stearates market, to understand the market scenario, strategize their business plan accordingly, and also grab the opportunities present in the metallic stearates market, with a view to achieve maximum hold in the market.
In the final section of the global metallic stearates market report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the global metallic stearates market report are metallic stearate suppliers and key players. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the metallic stearates space. Key players in the global metallic stearates market include Valtris Specialty Chemicals, PROMAX Industries ApS, Univar Inc., Peter Greven GmbH & Co. KG, PMC Biogenix, Inc., Faci S.p.A., Akrochem Corporation, Dover Chemical Corporation, Baerlocher GmbH, Sinwon Chemical Co., Ltd., and others.
Key Segments Covered
By Product Type
Others (Sodium Stearate, Berium Stearate, etc.)
Polymers & Plastics
Personal Care & Cosmetics
Paints & Coatings
In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities.
Also, another key feature of the global metallic stearates market study is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global metallic stearates market.
Key Regions/Countries Covered
Middle East & Africa
Metallic Stearates Market Reports - Table of Contents
17. Forecast Factors: Relevance and Impact
19. Assumptions and Acronyms Used
20. Research Methodology