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Metallic Stearate Market Outlook 2024 |Top Companies like Dover Chemical Corp, Baerlocher USA, Valtris Specialty Chemicals, Brenntag Specialties
Metallic Stearate Market
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The global metallic stearate market has been the recipient of several mergers and acquisitions lately, owing to the remarkable upsurge in the requirement of various metallic stearates. Companies partaking in this vertical, it has been observed, have now been looking forward to enhancing their regional reach by investing in capacity expansions as well.
The overall growth of the metallic stearate industry however, can be aptly attributed to the rising product demand across the cosmetics, plastics & coatings, and food industries. In line with the surging product demand, companies have been adopting newer growth tactics to sustain in the competitive business space and consolidate their stance in the metallic stearate market .
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.
Growth Drivers:
Asia Pacific: Increasing metallic stearate usage as an additive in rubber and food industry
Europe: Increasing metallic stearate usage in cosmetics and personal care products
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.
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In 2017, leading specialty chemical manufacturing company, Peter Greven disclosed its plan to extend its reach across U.S. with the acquisition of Norac Additives LLC. This acquisition will help the German oleochemical producer to strengthen its position in North America metallic stearate market pertaining to the value addition to its plastic additives and metallic soaps manufacturing portfolio. Reportedly, with the ever-increasing economic development and surge in the investment in healthcare infrastructure across U.S., this German company will gain commendable benefits ahead in metallic stearate market.
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
All in all, with the upsurge in the consumption of pharmaceuticals and ceramic products as well as the never-ending infrastructure construction activities taking place in key economies, global metallic stearate market is anticipated to cross a valuation of USD 7 billion by 2024.
Metallic Stearate Market from cosmetic 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 metallic stearate market growth.
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Main Features of the Global Market Research Report:
The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.
-The report also describes the major drivers of the 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 the 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 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 industry.
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