+1-888-308-5802     

Metallic Stearates Market by Type, End-Use Industry and Region - Global Forecasts to 2024

Author : Ravi Chawat | Published Date : 2021-09-20 

Metallic Stearate Market should surpass USD 7 Billion by 2024; according to a new research report.

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 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.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2866

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.

Get Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/metallic-stearate-market

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.

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.

Browse More News:

https://www.marketwatch.com/press-release/europe-antimicrobial-additives-market-information-by-type-application-end-use-industry-forecast-till-2025-2021-09-17

https://www.marketwatch.com/press-release/coated-paper-market-size-share-growth-current-scenario-trends-efficiencies-forecast-2019---2026-2021-09-17

https://www.marketwatch.com/press-release/refinery-catalyst-market-report-with-competitive-scenario-trends-insights-covid-19-analysis-and-forecast-2019-to-2025-2021-09-17

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

Related News

Aluminum Pigments Market Growth 2020: Product, Overview and Share Forecasted to 2025

Published Date: 2021-10-14         Author: Ravi Chawat

DecResearch has recently published a study titled ‘global Aluminum Pigments Market research report’. In this report, analysts have provided a detailed evaluation of the global Aluminum Pigments Market. The report is inclusive of a completely comprehensive study of the Aluminum Pigments M... Read More

Nitrogen Trifluoride Market Growth 2020: Insights and Forecast Research Report 2025

Published Date: 2021-10-14         Author: Ravi Chawat

DecResearch has recently published a study titled ‘global Nitrogen trifluoride market research report’. In this report, analysts have provided a detailed evaluation of the global Nitrogen trifluoride market. The report is inclusive of a completely comprehensive study of the Nitrogen trif... Read More

Fermentation Defoamer Market Share- Future Forecast Indicates Impressive Growth Rate During 2020-2025

Published Date: 2021-10-14         Author: Ravi Chawat

DecResearch has recently published a study titled ‘global Fermentation defoamer market research report’. In this report, analysts have provided a detailed evaluation of the global Fermentation defoamer market. The report is inclusive of a completely comprehensive study of the Fermentatio... Read More

© 2021 Fractovia. All Rights Reserved