Press release
Covid-19 Analysis on Metallic Stearates Market: Growth, Size, Share, Trends, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2023
Market ” from 2016 to 2023.
Market Research Future (MRFR) recognizes Dover Chemical Corporation (US), Baerlocher GmbH (Germany), FACI SPA (Italy), Peter Greven GmbH & Co. KG (Germany), Valtris Specialty Chemicals (US), Sun Ace Kakoh (Pte.) Ltd (Singapore), Nimbasia (India), Marathwada Chemicals (India), IRRH SPECIALTY CHEMICALS (South Korea), Akrochem Corporation (US), Lumega Industries (India), PMC Biogenix, Inc (US), James M. Brown Ltd. (UK), Sinwon Chemical Co., Ltd (South Korea), and PROMAX Industries ApS (Denmark) as the
key players in the global metallic stearates market
Market Highlights
Theglobal metallic stearates market is estimated to be valued at USD 4,343.4 million by 2023 and is expected to register a CAGR of 5.71% during the forecast period.
Get a Free Sample Now@ https://www.marketresearchfuture.com/sample_request/4901
The zinc stearates segment accounted for the largest market share in 2017 and expected to continue its dominance during the forecast period. The unique properties such as non-toxic, hydrophobic effect, and lubricity make zinc stearates ideal choice in polyolefin application
Calcium stearates are majorly used as a release agent, an acid scavenger, and lubricant in the rubber and tire industries. The growing demand for lightweight and fuel-efficient automobiles is likely to open new avenues for calcium stearates
The polymer and paper segment is projected to register a CAGR of 5.71% due to the growing preference for bio-based polymer and increasing demand in the automotive and packaging industries.
The pharmaceutical and cosmetics segment is estimated to reach a value of USD 683 million by the end of the review period.
Segment Analysis
The global metallic stearates market has been segmented on the basis of product, application, and region.
On the basis of product, the global market has been categorized into zinc, aluminum, magnesium, and calcium. Among these, the zinc stearate segment dominated the global market in 2017. This is attributed to the growing use in cosmetics as thickeners and lubricants. They act as a pigment dispersant in masterbatch and used as a stabilizer in the production of polyvinyl chloride. Due to the widespread use of zinc stearates and superior properties, their demand is expected to increase during the forecast period. Aluminum stearates is another prominent segment expected to exhibit significant CAGR owing to the growing use in the paint and coatings, additives, and construction industries.
Based on application, the global market has been segmented into rubber, polymer and paper, pharmaceuticals and cosmetics, building and construction, paints and coatings, and others. Among these, the rubber segment is expected to reach USD 1,695 million by 2023 due to the growing need for tires for convenient transportation and rapid development in the automotive industry.
Regional Analysis
Geographically, the global metallic stearates market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As per MRFR analysis, Asia-Pacific was the largest market for metallic stearates in 2017 and is expected to remain dominant during the review period. North America accounted for 19.8% of the global market share in 2017, with the US being the major contributor. The rising demand for pharmaceuticals and cosmetics coupled with the high disposable income of the consumers is expected to be the major driver for the growth of the metallic stearates market in the region.
Browse Full Report @
https://www.marketresearchfuture.com/reports/metallic-stearates-market-4901
Key Findings of the Study:
The global metallic stearates market is projected to reach USD 4,343.4 million by 2023 at a CAGR of 5.71% during the review period of 2018 to 2023.
Asia-Pacific accounted for the largest market share with China being the major contributor to the growth of the regional
Some of the prominent players in this market are Dover Chemical Corporation (US), Baerlocher GmbH (Germany), FACI SPA (Italy), Peter Greven GmbH & Co. KG (Germany), Akrochem Corporation (US), and PMC Biogenix, Inc (US), among others.
The key manufacturers are adopting expansion and collaborations as growth strategies.
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Covid-19 Analysis on Metallic Stearates Market: Growth, Size, Share, Trends, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2023 here
News-ID: 2089795 • Views: …
More Releases from Market Research Future
Quadruped Robot Market Set for Rapid Expansion Through 2035 | MRFR Insights
The Quadruped Robot Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions.
Quadruped Robot Market Overview:
The Quadruped Robot Market is witnessing rapid growth driven by advancements in robotics, AI, and automation technologies. Quadruped robots, designed to mimic four-legged animal locomotion, are increasingly used in industrial inspection, defense, logistics, research, and entertainment applications due to their agility and ability to navigate complex terrains.…
Data Center UPS Industry Growth Analysis - Reaching USD 12.94 Billion by 2035
The Data Center UPS Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions.
Data Center UPS Market Overview:
The Data Center UPS Market is experiencing significant growth due to the increasing demand for reliable power backup and uninterrupted operations in data centers, cloud facilities, and IT infrastructure. Uninterruptible Power Supplies (UPS) are essential to prevent downtime, protect sensitive equipment, and ensure continuous business…
Cable Assembly Market Expansion Accelerates with 6.1% CAGR Through 2035
The Cable Assembly Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions.
Cable Assembly Market Overview:
The Cable Assembly Market is witnessing steady growth driven by the increasing demand for reliable connectivity solutions across automotive, telecommunications, consumer electronics, industrial, and aerospace sectors. Cable assemblies are crucial components for transmitting power and data efficiently, ensuring seamless operation of electronic and electrical systems. Valued at…
Rising Demand Drives Data Center Chiller Market Toward USD 13.89 Billion Valuati …
The Data Center Chiller Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions.
Data Center Chiller Market Overview:
The Data Center Chiller Market is witnessing significant growth due to the rising demand for energy-efficient cooling solutions in data centers, cloud infrastructure, and IT facilities. Data center chillers play a critical role in maintaining optimal operating temperatures, preventing equipment overheating, and ensuring uninterrupted data…
More Releases for MRFR
Keeping Cool: The Booming Data Center Cooling Market | MRFR Reports
In today's digital world, data centers are the unsung heroes. These massive warehouses store and process the ever-growing mountain of information we create, from social media posts to complex scientific simulations. But all this computing power comes at a cost: heat. Just like any machine, data centers can overheat if not properly cooled, leading to malfunctions and even equipment failure. This is where the data center cooling market comes in.
Request…
Mobile Gaming Market: A Comprehensive Overview | MRFR Reports
Mobile gaming has become a ubiquitous part of modern entertainment, with millions of users around the world engaging in games on their smartphones and tablets. This booming industry has seen exponential growth in recent years, driven by advancements in mobile technology, widespread internet access, and the popularity of casual and immersive gaming experiences. In this article, we'll explore the market size of mobile gaming, key trends shaping its growth, challenges…
Solar Rooftop Market: A Comprehensive Analysis | MRFR Research
The solar rooftop market is proliferating on the global platform. The continually growing energy demand and wide adoption of solar rooftops in residential, commercial, infrastructural, and industrial sectors worldwide impact the market growth positively.
Besides, the development of solar parks, funding support for domestic cells & modules, and schemes for grid-connected solar rooftop manufacturing influence the market growth. Rise in solar panel installations and growing government initiatives for infrastructure…
Understanding the Contract Management Market: A Comprehensive Analysis | MRFR Re …
In the realm of business and commerce, managing contracts effectively is a crucial aspect that directly impacts organizational success and compliance. Contract management refers to the process of creating, negotiating, executing, and monitoring contracts between parties, such as businesses, suppliers, vendors, and clients. In this article, we will delve into the market size of contract management solutions, key trends driving their growth, challenges faced by businesses, and future prospects.
What is…
Exploring the Mobile Cobots Market: A Comprehensive Analysis | MRFR Reports
In the world of robotics and automation, mobile cobots have emerged as a revolutionary solution, combining the flexibility of mobility with the collaborative nature of robots. These mobile cobots, short for collaborative robots, are designed to work alongside humans in various industries, offering enhanced productivity, safety, and efficiency. In this article, we will delve into the market size of mobile cobots, key trends shaping their growth, challenges faced by the…
Understanding Enterprise Risk Management (ERM) Market Size | MRFR Reports
In today's rapidly changing business landscape, companies face a multitude of risks that can impact their operations, finances, and reputation. These risks can stem from various sources such as economic downturns, cybersecurity threats, regulatory changes, and natural disasters. To navigate these challenges effectively, organizations implement Enterprise Risk Management (ERM) strategies and solutions. The ERM market plays a crucial role in providing tools and frameworks for businesses to identify, assess, and…
