Press release
Zinc Stearate Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2027: Baerlocher GmbH and Amgeen Minerals are key players.
Zinc Stearate Market is expected to grow at a CAGR of 5.38% to reach a market size worth US$990.258 million by 2027.The primary factors propelling the zinc stearate market growth are the growing plastics and rubber applications in several manufacturing industries.
As per the study, the zinc stearate market is expected to grow steadily during the forecast period.
The global zinc stearate market is expected to grow during the forecast period due to the surge in the usage of plastics and rubber in numerous sectors. In addition, the booming industry is driving the need for rubber products. The market is also anticipated to rise due to the expanding plastics industry and demand for renewable raw materials for lubricant production. In addition, during the next five years, the global zinc stearate market will grow due to the expansion of the paper, concrete, pharmaceutical, and cosmetics & personal care industries.
Sample request or complete report can be purchased through the link below:
https://www.knowledge-sourcing.com/report/zinc-stearate-market
The zinc stearate market is analyzed into function, end-user industry, and geography
By function, the market has been segmented based on release agents, emulsifiers, thickening agents, and others. The thickening agents will have a significant market share during the forecasted period as zinc stearate is used in cosmetics as a thickener and to hold liquid and greasy ingredients together. The rising cosmetics industry will boost the thickening agent usage, boosting the zinc stearate market growth. In April 2021, One/Size's new multipurpose powder foundation, Turn Up the basis with a vegan basis, was unveiled. The most recent product offers 32 colors of coverage that can be customized. According to the brand's list of ingredients, zinc stearate is one of the leading excipients used in the formulation.
By end-use industry, the market has been segmented into rubber, plastics, concrete, cosmetics & personal care, and others. Cosmetics & personal care will have a significant market share during the forecasted period due to the growing cosmetics usage by women worldwide, which is one of the key factors driving the market growth.
By region, Asia Pacific is expected to retain a considerable market share due to the rapid industrialization in the region, which covers a wide range of sectors, such as the chemical, paint, and plastics industries. The enormous customer base, growing middle class, rising disposable & family income, and the growing women workforce are all significant contributors to the market growth in this area. According to the National Bureau of Statistics of China, between 1990 and 2023, China's industrial production increased by an average of 11.32 percent, hitting an all-time high of 35.10 percent in January 2021. According to the same source, China's industrial output increased by 2.4% year over year in January and February 2023.
The major players covered in the zinc stearate market study are American Elements, Lumega Industries, Baerlocher GmbH, Norac Additives LLC (A Peter Greven Group Company), Amgeen Minerals, Nimbasia Stabilizers, Sankalp Organics Pvt. Ltd., PMC Biogenix, Inc. (PMC Group, Inc.) and Thermo Scientific Chemicals.
This zinc stearate market has been analyzed into the following segments:
• By Function
o Release Agent
o Emulsifiers
o Thickening Agent
o Others
• By End-Use Industry
o Rubber
o Plastics
o Concrete
o Cosmetics & Personal Care
o Others
• By Geography
o North America
• United States
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• United Kingdom
• Germany
• France
• Spain
• Others
o Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others
Related Reports:
• Global Graphene Market: https://www.knowledge-sourcing.com/report/global-graphene-market
• Industrial Refractory Materials Market: https://www.knowledge-sourcing.com/report/industrial-refractory-materials-market
Contact Us:
Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail: info@knowledge-sourcing.com
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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