Europe Metallic Stearates Market was valued at USD 1.12 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 3.1 % during the forecast period to become a USD 3.98 billion market in 2028.
Metallic Stearates are widely used as lubricants, plastic stabilizers, mold release agents, anti-caking agents, efflorescent agents, acid scavengers, gelling agents, hydrophobic agents, and waterproofing agents.
Aluminium
Zinc
Magnesium
Calcium
Others
The other segment includes potassium, Copper, Nickel, Cadmium, Lithium, and sodium stearates. All the stearates have similar properties with slight variations and have roughly the same industrial applications. Zinc stearate despite the growing governmental restrictions was the most widely used metallic stearate in 2018 accounting for 35% of the entire stearate market and is anticipated to retain the top spot.
Pharmaceuticals
Plastics
Rubber
Cosmetics
Construction
Coatings
Among all the industries Plastics was the largest consumer of metallic stearates in 2018 followed by the rubber industry.
Germany
UK
Spain
France
Germany was the largest market in Europe for Metallic Stearates and is expected to retain the top spot. France and UK are the next biggest markets in this segment.
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