+1-888-308-5802     
News Contact Us

Metallic Stearate Market will be flourished at a CAGR above 4.5% in the rubber industry by 2024

Author : Ronak Bora | Published Date : 2019-03-29 

Metallic stearate market from the rubber industry would have significant gains up to 4.5 % in the projected timeframe. They are utilized as mold release agents, acid scavengers, and lubricants which enhances the surface of rubber product. Dry metallic stearates have usage as release agents for rubber, as they avoid it from sticking to mold which should propel industry size. Metallic Stearate Market should surpass USD 7 Billion by 2024; according to a new research report.

Metallic stearate market from polymer application is estimated to surpass USD 1.5 billion in 2024 owing to increasing demand from Asia-Pacific region, as it is a hub for polymers & rubbers processing industry. These products are used in fiberglass reinforced polyesters, polyolefin, polystyrene phenolic resins & compounds, and PVC. Growing polymer industry is expected to lead to an increase in metallic stearates demand.

Request for a sample copy of this research report @ www.gminsights.com/request-sample/detail/2866

China zinc stearate market will witness gains at over 7.5% during projected period which can be attributed to extensive regional presence of polymer, paints & coatings and rubber manufacturing companies. Rising per capita income along with government support for bio-based manufacturing should further strengthen regional industry growth.

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.

Metallic stearates are derived from industrial grade of stearic acid, and is prepared through two methods, reaction of metal oxides with molten fatty acids and double decomposition method. Volatile raw material prices including vegetable oils and petrochemicals along with rising incidences of toxicity and hazards associated with production might hinder industry growth. Recent development of using bio-based products with increasing focus on R&D concerning product innovation should generate lucrative opportunities for product.

Metallic stearate market from cosmetic industry application should surpass USD 1 billion owing to its inherent characteristics of colour stability, binding ability, versatility, and thickening. The hydrophobic nature of the product helps powder form from absorbing water and thus from forming agglomerates. These products are used in lip colors, eyeliners, shampoos, sun protective lotions, ointments. Dosage used are relatively low ranging from 0.05 to 1%. These properties enhance shelf life of products which in turn should boost market growth.

Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/2866

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.

Global metallic stearate market share is moderately fragmented and highly competitive with key manufacturers including PMC Biogenix, Baerlocher GmbH, Sinwon Chemical, Dover Corporation, Allan and Valtris Chemicals. Companies focus in expanding their marketing network by evolving strategic alliances through mergers & acquisition, partnership and joint ventures. Rising investment in R&D by manufacturers for product innovation also strengthens market penetrability.

Browse Full Report @ www.gminsights.com/industry-analysis/metallic-stearate-market

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

Web: https://www.gminsights.com

Blog: http://headlinenewsnation.com

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Antimicrobial Coatings Market Size is driven by strong application trends in healthcare application segment

Published Date: 2019-08-09         Author: Ronak Bora

Global antimicrobial coatings market is segmented into medical & healthcare application, indoor air quality application, food application, antimicrobial textile application, mold remediation application and construction. Medical & healthcare application segment can experience substantial ... Read More

Aromatic Solvents Market Size to witness heavy growth prospects via paints & coatings sectors

Published Date: 2019-08-09         Author: Ronak Bora

Aromatic solvents market finds extensive application in varied sectors such as automotive, oilfield chemical, pharmaceutical, and paints & coatings. Pharmaceutical application will exhibit a CAGR of more than 2% over 2016- 2024, owing to its significant usage in drug formulation. Paints & co... Read More

Synthetic Lubricants Market in Europe Will Touch $1.67 Billion Up To 2023

Published Date: 2019-08-09         Author: Ronak Bora

Europe synthetic lubricants market price is predicted to surpass $1.67 billion by end of 2023 due to presence of key automobile and airplaneproducing firms like Audi, Airbus, Volkswagen, Rolls Royce, Mercedes and BMW. Asia Pacific, led by India and China synthetic lubricants market, is predicted ... Read More

© 2019 Fractovia. All Rights Reserved