According to a market report by Lucintel, the future of the global metallic stearate market looks promising with opportunities in the plastic, rubber, pharmaceutical, cosmetic, building & construction, and paints & coating markets. The global metallic stearate market is expected to reach an estimated $4.9 billion by 2030 from $3.9 billion in 2024, at a CAGR of 3.7% from 2024 to 2030. The major drivers for this market are rising demand in medicinal and cosmetic applications, rapid growth of the plastics sector, combined with increased product demand for improving surface textures of plastic items, and increased usage in the rubber sector as mold releasing agents.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in metallic stearate market to 2030 by product (zinc stearate, calcium stearate, aluminum stearate, magnesium stearate, lithium stearate, sodium stearate, and others), application (plastics, rubber, pharmaceuticals, cosmetics, building & construction, paints & coatings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that zinc stearate will remain the largest segment over the forecast period because it is regarded as the most effective mold release agent and used as release agents and lubricants in the rubber and plastic industries.
Within this market, plastic will remain the largest segment because the metallic stearates are primarily utilized as lubricants, acid scavengers, and releasing agents in the plastics sector, and they play an important role in the melting process.
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APAC will remain the largest region over the forecast period due to increased building activities and automobile manufacturing have boosted the product demand for paints and coatings, rubber, and plastics.
Dover Chemical, Valtris Specialty Chemicals, Peter Greven, Baerlocher, Faci, Norac Additives, Sun Ace Kakoh, PMC Biogenix, James M. Brown, and Nimbasia Stabilizers are the major suppliers in the metallic stearate market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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