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Metallic Stearate Market Detail Analysis focusing on Key Players like PMC Biogenix, Baerlocher GmbH, Sinwon Chemical, Dover Corporation, Allan, Nimbasia Stabilzer, Valtris Chemicals
Metallic Stearate Market, Global Metallic Stearate Market Size, Metallic Stearate Industry, Metallic Stearate Market Trends
Metallic Stearate Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.
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. Metallic Stearate Market should surpass USD 7 Billion by 2024; according to a new research report.
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.
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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.
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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.
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.
Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3 Metallic Stearates Industry Insights
Chapter 4 Metallic stearate Market, By Product
Chapter 5 Metallic stearate Market, By Region
Chapter 6 Company Profiles
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/metallic-stearate-market/?utm_source=OPR-SP
Related Report:
2018-2023 Global Active Dry Yeast Consumption Market Report
Active dry yeast is a yeast product which is dehydrated and dried by squeezing from the fresh yeast. The dry yeast products are mainly used in baker, brewer, wine, feed, pharmaceuticals industry etc.
The global production of active dry yeast increases from 589.7 MT in 2010 to 862.5 MT in 2014, with an average growth rate of more than 9.27%. EU and China are the major manufacturing market in the world. Lessaffre Group is the world leader, which holds the 21.22% production market share in 2014. AB Mauri is the second biggest manufacturer with production share of 16.63% in 2014 and Angel Yeast is the China leader with production share of 10.81% in 2014. The big companies like Lessaffre Group and AB Mauri set many overseas bases, while Angel Yeast has built a production in Egypt.
The US total production of active dry yeast increases from 64.4 MT in 2010 to 100.5 MT in 2014, with an average growth rate of more than 10.96%. Midwest holds 45.67% production share of US total production in 2014 while South of US holds 26.47%.
https://www.marketstudyreport.com/reports/2018-2023-global-active-dry-yeast-consumption-market-report?utm_source=RR-SP
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