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Metallic Stearate Market Will Positively Impact By Adoption Of Calcium Stearate Across Food Industry

Metallic Stearate Market

Metallic Stearate Market

Metallic stearate market is expected to showcase significant growth over the projected timeframe. Calcium stearate is projected to gain massive traction over the foreseeable future, considering its wide applications across several industries. Calcium stearate is a synthetic ingredient derived from vegetable oils or animal oils & fats, which is used as release agent, anti-caking agent, binder, lubricant, thickener and emulsifier in food. Elaborating on application of calcium stearate in food industry, it is predominantly used in bakery as a dough conditioner by functioning as a free-flowing agent and can be used with other dough softeners. Apart from bakery, it is used in calcium supplements, fish products, meat products, candies, snacks, etc.

Another major growth rendering factor contributing to the segmental expansion is favorable regulatory scenario regarding the usage of calcium stearate in food industry. It has been considered safe as a food additive by the European Food Safety Authority (EFSA) and is generally recognized as safe (GRAS) by FDA.

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Other than food, calcium stearate finds large application in various industries such as pharmaceutical, cosmetics, plastics, rubber, textile, etc. owing to its superior lubrication, emulsification, anti-foaming and water-repelling properties.

Enormous industrial applications of zinc stearate
Zinc stearate segment is expected to register remarkable growth over the forthcoming years, attributing to massive product adoption across multiple industries. Zinc stearate is used in plastics and rubber industries as lubricants and release agents. It is also used in metallurgy as a separating agent in machine parts for preventing the parts from clinging to the mold, thereby providing enhanced finish. In addition, zinc stearate is largely used in paints and varnishes due to its excellent transparent property as well as high dispersal ability which offers protection against surface imperfections. Besides, it is also used in cosmetics, plastics and powder metallurgy.

Metallic stearate salts such as Sodium Stearate, Lithium Stearate, Aluminum Stearate, Calcium Stearate, Ammonium Stearate, Zinc Stearate, Magnesium Stearate and Potassium Stearate are fine white powders having slight fatty odor which makes them ideal for personal care and cosmetics products. These metallic stearates are primarily used in manufacturing of makeup products including eyeshadow, eyeliner, mascara, blushers, lipsticks, foundations and face powders. They are also used in deodorants, fragrances, and skin & hair care products.

Thriving plastics industry in North America
Metallic stearate market in North America is estimated to gain substantial gains, considering the accelerating demand from regional plastics industry. This can be credited to application of metallic stearate as a stabilizer and lubricant in the production of PVC. On account of growing demand for plastics, manufacturers in the region are inclined on increasing their production to meet the elevating demand.

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Moreover, the above-mentioned metallic stearates have been assessed and declared safe for use in personal care and cosmetic products by the Cosmetic Ingredient Review (CIR) Panel. According to CIR report, stearate salts were studied and found to be non-toxic and are less likely to cause acute dermal toxicity. Considering the prominence of these factors, cosmetics applications segment is anticipated to observe commendable growth in the metallic stearate market years.

Europe metallic stearate market is estimated to witness a commendable growth over the forthcoming years owing to rising consumer inclination for cosmetics in the region. As per The German Cosmetic, Toiletry, Perfumery and Detergent Association estimates, in 2019, Germany had recorded appreciable sales of approximately USD 1.17 billion from beauty and home care products. Metallic stearates are widely used for producing eyeliners, lipsticks, shampoos, foot and body powder, sunscreen lotions, etc. According to Baerlocher, one of the leaders in the regional industry, despite relatively lower content, around 0.05 to 1 per cent, of metallic stearates being used in these products, Europe accounts for higher amounts of these compounds in cosmetics application alone.

In this regard, plastics and resins industry in Mexico is emerging as a strong hub in North America. Reportedly, in 2018, Mexico was marked as a largest market for the U.S. exporters of plastic products with a valuation of USD 17.9 billion. As per National Institute of Statistics and Geography of Mexico, in 2018, valuation from total production of plastic industry rose by 6.9%. Also, Mexico’s Plastics Industry Association has raised claims that plastics market in the country is expected to expand on account of rising imports of plastic parts and resins from the U.S. for aerospace and automotive industries. Such growing demand for plastics in the region will fuel the adoption of metallic stearates, thereby, propelling the metallic stearate market growth.

Browse More News:

https://www.globenewswire.com/news-release/2018/08/06/1547300/0/en/Metallic-Pigments-Market-to-exceed-2-3-Billion-by-2024-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2016/10/18/880265/0/en/Specialty-Chemicals-Market-size-worth-1-273-billion-by-2024-Global-Market-Insights-Inc.html

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights

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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