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Metallic Stearate Market 2018 Global Players Dover Chemical Corporation, Baerlocher GmbH, Faci S.p.A, Peter Greven GmbH & Co. KG, Valtris Specialty Chemicals, Brenntag Specialities, Allan Chemical, Hummel Croton, PMC Biogenix, Sun Ace Kakoh, Seoul Fine Ch
Metallic Stearate Market
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Metallic stearate market from 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.
Global metallic stearate market is driven by rising demand for PVC (poly vinyl chloride) and other polymers. Use of these products in manufacturing different polymers such as polystyrene, polyolefin and phenolic resins will drive metallic stearate market growth. They are also widely used in manufacturing soaps and detergents owing to its hydrophilic properties which prevent moisture absorption and agglomeration.
Metallic stearate market from polymer application should surpass USD 1.5 billion by 2024 due to its ability to improve surface texture of plastic along with improved function ability. Growth of plastic industries in Asia Pacific should draw sizeable demand for these products. Continuous rise in industrial activities such as construction and manufacturing along with economic boost should fuel metallic stearate market size.
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Metallic Stearate Market, By Product
• Zinc stearate
• Calcium stearate
• Aluminum stearate
• Magnesium stearate
• Sodium stearate
• Lithium stearate
Zinc Stearate Market, By Application
• Polymer
• Pharmaceutical
• Food
• Paints & coatings
• Cosmetics
• Construction
• Rubber
• Ceramics
• Others
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North America, led by Canada, Mexico and the U.S. metallic stearate market size should witness gains at over 4% during forecast timeframe and is largest market segment in terms of revenue. In countries including the U.S., presence of large base of manufacturing industries incorporating metallic stearate along with growing infrastructure and economic strength should boost regional demand.
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.
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