Metallic Stearates Market Segmentation by End-Users (Pharmaceutical, Building & Construction, Polymers & Plastics, Food, Cosmetics, and Others); and by Type (Calcium, Magnesium, Zinc, and Aluminum Stearates)-Global Demand Analysis & Opportunity Outlook 2031
27 Oct 2022
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022...
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With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Global Metallic Stearates Market Highlights Over 2022 - 2031
The global metallic stearates market is estimated to grow at a ~4% CAGR over the forecast period, i.e., 2022 – 2031. Moreover, the market registered a revenue of approximately USD 2,398.0 million in 2021. The growth of the market can be attributed to its features, owing to which it can be used as an active ingredient by manufacturers in the construction, cosmetics, pharmaceuticals, plastics, and others. Moreover, industries are making an investment in research and development in order to have advanced product offerings and technology. Therefore, this advancement is anticipated to surge the demand for metallic stearates in providing better products to customers. As per the World Bank, research and development expenditure has increased from 1.97 percent of the GDP in 1996 to 2.2 percent of the GDP in 2018.
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The global metallic stearates market is segmented by type into calcium, magnesium, zinc, and aluminum stearates. Out of these, the zinc stearates segment is anticipated to hold the largest share by the end of 2031 owing to its processing and stabilizing properties. Furthermore, zinc can withstand high temperatures, owing to which, there is a growing demand for the product amongst the cosmetics, pharmaceutical, and rubber industries.
Global Metallic Stearates Market Regional Synopsis
Regionally, the global metallic stearates market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The market in the Asia Pacific region is estimated to witness modest growth over the forecast period on the back of an increase in foreign direct investment in pharmaceutical industries that are expected to have a higher demand for metallic stearates. As per the Indian Brand Equity Foundation (IBEF), foreign direct investment has reached USD 1,206 billion in Indian drugs and pharmaceuticals between April- December 2021. Moreover, there has been growth in the construction, plastic, and cosmetics industries that is anticipated to increase the growth of the metallic stearates market in the Asia Pacific region.
Our in-depth analysis of the global metallic stearates market includes the following segments:
Building & Construction
Polymers & Plastics
Growth Drivers and Challenges Impacting the Growth of the Global Metallic Stearates Market
Increase in the research and development expenditure
Rise in the usage of metallic stearates in different industries
Competitive pricing of metallic stearates
Laxative effects if consumed in large quantity
Key Companies Dominating the Global Metallic Stearates Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global metallic stearates market that are included in our report are Baerlocher GmbH, Sun Ace Kakoh (Pta.) Ltd., Lumega Industries., SEOUL FINE CHEMICAL IND. CO., LTD., FACI SPA, James M. Brown Ltd., Peter Greven GmbH & Co. KG, DOVER CHEMICAL CORPORATION, Valtris Specialty Chemicals., PMC Group, Inc., “Himstab”, LLC, and others.
Latest Developments in the Global Metallic Stearates Market:
12 October 2021: Baerlocher GmbH, is investing in its Bury manufacturing plant. With the addition of new Mixing and Granulation units in 2022, the company will more than double the capacity of its Calcium-based PVC stabiliser plant.
16 January 2019: PMC Ouvrie SAS, France, a wholly owned subsidiary of PMC Group International Inc., announced the acquisition of a hydrocolloid product line from Solvay, SA in Belgium. These products will be sold globally in the home and personal care (HPC), industrial, and coatings markets under the brand names Rhodicare CFT, Rhodicare D, Rhodicare H, Rhodicare S, Rhodicare T, Rhodicare XC, Rhodopol 23, Rhodopol G, Rhodopol T, Rhodopol TG, Rhodopol Extra 2, and Rhodopol Extra 2 Clear.
Key Reasons to Buy Our Report
The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
The report includes detailed company profiles of the major players dominating the market.
We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
FREQUENTLY ASKED QUESTIONS
Increase in the research and development expenditure and rise in the usage of metallic stearates in different industries are the major factors driving the growth of the metallic stearates market.
The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2022-2031.
Competitive pricing of metallic stearates and laxative effects if consumed in large quantity are estimated to hamper the market growth.
Which region will provide more business opportunities for growth of metallic stearates market in future?
Asia Pacific region will provide more business opportunities for growth of metallic stearates market in future.
The major players in the market are Baerlocher GmbH, Sun Ace Kakoh (Pta.) Ltd., Lumega Industries., SEOUL FINE CHEMICAL IND. CO., LTD., FACI SPA, James M. Brown Ltd., Peter Greven GmbH & Co. KG, DOVER CHEMICAL CORPORATION, Valtris Specialty Chemicals., PMC Group, Inc., “Himstab”, LLC, and others.
The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by end-users, type, and by region.
The zinc segment is anticipated to hold largest market size in value over the forecast period and display significant growth opportunities.
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- Baerlocher GmbH
- Sun Ace Kakoh (Pta.) Ltd.
- Lumega Industries.
- SEOUL FINE CHEMICAL IND. CO.LTD.
- FACI SPA
- James M. Brown Ltd.
- Peter Greven GmbH & Co. KG
- DOVER CHEMICAL CORPORATION
- Valtris Specialty Chemicals.
- PMC Group, Inc.