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Metallic Stearate Market to hit USD 7 Bn by 2024, Top Companies are Dover Chemical Corp, Baerlocher USA, Valtris Specialty Chemicals, Brenntag Specialties
Metallic Stearate Market
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The competitive landscape of the metallic stearate market is lately fraught with several acquisitions and mergers, owing to substantial growth in the demand for different metallic stearates. The overall development of the metallic stearate market size could also be credited to the increasing product demand in the plastics & coatings, cosmetics and food industries.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Dover Chemical Corp
2. Baerlocher USA
3. Peter Greven GmbH & Co. KG
4. Valtris Specialty Chemicals
5. Brenntag Specialties, Inc.
6. Allan Chemical Corporation
7. HUMMEL CROTON INC
8. PMC Biogenix
9. Sun Ace Kakoh (Pte) Ltd.
10. Seoul Fine Chemical Industries
11. IRRH SPECIALTY CHEMICALS INDIA LIMITED
12. MARATHWADA CHEMICAL INDUSTRIES PRIVATE LIMITED
13. Nimbasia Stabilizers - India
14. James M. Brown Ltd
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The 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.
The cosmetic sector is expected to affect the metallic stearate market outlook exponentially owing to the massive application of the product in cosmetic production. The metallic stearate market size from the cosmetic sector is expected to surpass USD 1 billion by 2024 due to the inherent characteristics of the product such as binding ability, stability, versatility, as well as thickening.
The product has a hydrophobic nature. This nature of the product helps powder from absorbing water, eventually preventing it from forming agglomerates. Thus, these hydrophobic products are utilized in eyeliners, lip colors, sun-protective lotions, shampoos and ointments. The dosage infused in these products is relatively low, ranging between 0.05% and 1%. These properties improve shelf life of products which would eventually boost metallic stearate market trends.
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.
Germany aluminum stearate industry should generate revenues up to USD 65 million by 2024. This growth in can be ascribed to the presence of strict environmental protection policies accompanied by growing consumer awareness. The existence of major producers in the region and their striding drive for product revolution would strengthen regional industry growth.
Main Features of the Global Market Research Report:
-The report delivers the market valuation as well as the projected growth rate of the metallic stearate market spanning all years till 2025.
-The report also describes the major drivers of worldwide market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.
-The research report endorses a detailed industry chain analysis. Also, it covers the production process of fluorosilicic acid market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.
-The report provides detailed knowledge about the competitive scenario of the global fluorosilicic acid market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.
-The report analyses the various market segments and also provides their contribution to the development of the global fluorosilicic acid industry.
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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.
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