Metallic Stearate Market Report

Metallic Stearate Market Analysis By Product (Zinc, Calcium, Aluminum, Magnesium, Others), By Application (Plastics, Rubber, Pharmaceuticals, Cosmetics, Construction, Coatings), By Region, And Segment Forecasts, 2014 - 2025

Published: October 2017  |  100 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-636-3

Industry Insights

The global metallic stearate market size was valued at USD 3,017.7 million in 2016. The U.S. metallic stearate market size was recorded at USD 263.9 million in 2016 and is anticipated to grow at a CAGR of over 3% from 2017 to 2025. There are various product types in the industry, including ones based on zinc, calcium, aluminum, and magnesium. The others segment includes, sodium and lithium stearates. The demand for the product in various applications, such as plastics, rubber, pharmaceutical, cosmetics, building & construction, and paints & coatings has increased over the years, and is expected to expand in major markets such as China and India.

U.S. metallic stearate market revenue, by application, 2014 - 2025 (USD Million)

U.S. metallic stearate market

Metallic stearates are defined as the metal salts of an 18-carbon chain fatty acid, known as stearic acid. They are commonly produced by the reaction between a stearic acid and metal salts, such as metal oxides, metal hydroxides, metal sulfate, and metal chloride. The product has substantial usage as lubricants, mold release agents, and plastic stabilizers. Rubber and plastics industries were identified to be the key application industries for metallic stearates. They can function as acid scavengers, gelling agents, and hydrophobic agents. Other major uses of metallic stearates, includes cosmetics, pharmaceuticals, textiles, and paper.

The product has significant usage in the plastics industry. They are used as acid scavengers, mold release agents, and lubricants in this industry. The surface texture of plastics articles is improved with the use of the product.Promising growth in plastics production, especially in Asia Pacific, is anticipated to drive sizeable demand for the product over the recent past. Dry metallic stearates are used as release agents for cured and uncured rubber, as they prevent the rubber from sticking to the mold. The hydrophobic nature of the product helps the particles to remain on the rubber surface.

Manufacturers focus on the use of advanced technology during various steps of production. The companies strengthen on constant research and innovation process to develop products with improved properties. The manufacturers are aiming to improve the free-flowing nature of the product by maintaining surface properties. Maintaining pH level is one of the key parameters in the development process. The use of vegetable oil-based stearic acid has increased considerably in metallic stearates production, over the past few years.

The use of the product is approved by various governing bodies and can be used while following the required restrictions and regulations. The manufacturers must strictly accommodate the regulations pertaining to standards stated by the U.S. FDA and The European Chemicals Agency (ECHA). These regulations vigorously enforce the safety regulations for metallic stearate and related raw materials that are into the manufacturing of the products.

Product Insights

Key products covered in the study scope include zinc, calcium, aluminum, and magnesium, with sodium and lithium stearates considered as part of the others segment. The paint and coatings industry uses these products for pigment suspension and to improve matting and grind ability. The zinc segment is projected to grow at a CAGR of 5.3%, in terms of revenue, during the forecast period.

Calcium stearates are mainly used as mold release agents, lubricants, and acid scavengers in the plastics industry. The building & construction industry uses it as hydrophobic agent for preventing moisture absorption and preservation of building & construction materials. This segment is projected to account for the second-largest revenue share in the industry by 2025, growing at a CAGR of nearly 6% during the forecast period.

Magnesium products are recognized as physiologically safe, and thus are used by the cosmetics and pharmaceutical industries worldwide. The magnesium segment is expected to grow at the highest CAGR of over 6% during the forecast period.

Application Insights

Plastics was the largest application segment, accounting for over 30% of the overall industry revenues in 2016. The use of the product allows the processor to produce finished articles with lower friction and smoother surfaces, along with optimizing production. This has led to the increasing demand for the product in recent years.

Rubber was the second-largest segment in 2016, accounting for a market size of nearly USD 700 million. Zinc, magnesium, and calcium stearates are among the most commonly used products in the rubber industry, owing to their suitable melting points. The use of zinc products is, however, being stringently regulated by governments worldwide, thereby leading to slower growth rate projections. The cosmetics segment is expected to witness the highest growth rate, in terms of metallic stearates consumption, during the forecast period.

Regional Insights

Asia Pacific led the overall industry in terms of revenue, in 2016, and this trend is expected to continue over the forecast years. The regional segment is expected to grow at a CAGR of over 6% from 2017 to 2025. The increasing product demand in countries such as India and China is expected to propel the market growth over the forecast period. Since these countries are experiencing substantial growth in the plastics, rubber and building & construction industries, the use of the product is expected to rise in the region.

Global metallic stearate market, by region, 2016 (%)

Global metallic stearate market

North America was the second-largest market segment in 2016, in terms of revenue, and is expected to grow at a rate of nearly 5% during the forecast period. In countries such as the U.S, the growth of the construction and plastics segments is projected to fuel the product demand over the forecast period. In addition, the rising demand for cosmetics across the globe is expected to fuel the demand for metallic stearates.

Competitive Insights

The key players in the global market include Dover Chemical Corporation, Baerlocher GmbH,Faci S.p.A, Peter Greven GmbH & Co. KG, Valtris Specialty Chemicals and Norac Additives. The companies are emphasizing on new product launches, partnerships, and capacity expansions to strengthen their positions in the global industry.

Report Scope 

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation                            

Volume in Kilotons; Revenue in USD Million; and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Germany, UK, Germany, China, India, Japan, Brazil, South Africa

Report coverage        

Revenue forecast, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments covered in the report

This report forecasts revenue and volume growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global metallic stearate market on the basis of product, application, and region:

  • Product Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

    •   Zinc stearate

    •  Calcium stearate

    • Aluminum stearate

    • Magnesium stearate

    • Others

  • Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

    • Plastics

    • Rubber

    • Pharmaceuticals

    • Cosmetics

    • Building & construction

    • Paints & coatings

    • Others

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

    • North America

      • U.S.

    •  Europe

      • Germany

      • UK

    • Asia Pacific

      •  China

      •  India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

Key questions answered by the report
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA