Metallic Stearates Market

Metallic Stearates Market & Growth (2023-2028)

The metallic stearates market is predicted to develop from approximately US$ 4.64 billion in 2022 to $ 6.49 billion in 2028, at an annual rate of 7.1% over the projection period from 2023-2028

Metallic stearates often called metallic fatty acid salts or metallic soap, are compounds of long-chain fatty acids that contain metals. Metal stearates can be soluble or insoluble in water as they consist of ammonia and alkali metals are generally soluble in water. The solubility of metal stearates affects their functional use. Metal stearates are generally derived from natural acids like stearic acid and palmitic acid. They have risen in recent years on the basis of the number of grades provided for particular application needs. There are various metal stearates available for a particular application. This allows the availability of higher options for end-users of metal stearates, through which they can select particular qualities to meet their needs. The polymer and rubber industry is rising with complicated product uses and it's also a significant industry that has augmented the custom shade industry.

Metallic Stearates Market Drivers and Restraints

The main factors contributing to the expansion of the global metallic stearates market are the rising call from the polymer and rubber industry and the high call for magnesium stearates in pharmaceutical and cosmetic applications.

Given the exceptional lubrication and release properties of metal stearates, it offers a wide range of products in applications in the above-mentioned businesses. The lubricating properties of metal stearates are employed on a large scale in the preparation of dragees and the pressing of tablets. Metal stearates provide so many benefits to their counterparts, as they can survive high temperatures. Furthermore, metal stearates are inert and therefore do not react or contaminate the material (rubber, plastic, pigments, etc.). The call for materials such as plastics, rubber, paper, and textiles continues to increase. With the escalating call for these materials, the need arises to mold them into the desired shapes. This leads to a call for metal stearates as a processing aid material.

The flexibility of metal stearates on the basis of formulation and functionality is the key reason for their employment by different rubber manufacturers. Metal stearates are also employed in applications such as cement, cosmetics, masonry, and dust treatments, due to their hydrophobicity. The call for cement and cosmetics is escalating rapidly worldwide. Urbanization and a high standard of living are driving call for cement and cosmetics, respectively. The expansion of the worldwide market for metal stearates has been greatly favored by its escalating use in the plastics and rubber businesses. Rising adoption to improve the surface texture of plastics and reduce friction are some of the factors driving the call for products in the plastics industry. In addition, the fine properties of zinc, calcium, and magnesium stearates to act as a release agent and acid scavenger are predicted to increase their call in the rubber industry. Manufacturers are escalating R&D spending by escalating rubber production.

METALLIC STEARATES MARKET REPORT COVERAGE:

Metallic Stearates Market Segmentation 

Metallic Stearates Market - By Type:

• Zinc stearates

• Calcium stearates

• Magnesium stearates

• Aluminum stearates

• Other stearates

On the basis of type, the zinc stearates sector has been dominating the industry for metallic stearates in the year 2019, due to its broad variety of applications in different end-use businesses. 

Metallic Stearates Market - By End-use:

• Polymer and rubber industry

• Pharmaceuticals and cosmetics

• Building and construction

• Paints and coatings

• Others

Based on the end-use industry, the polymer and rubber segment dominated the metal stearate market in 2019, owing to escalated call for PVC and other polymers. The call for custom shades from end-use businesses with their different valences stimulates the call for metallic stearates.

Metallic Stearates Market - By Region:

• North America

• Latin America

• Europe

• Asia Pacific

• Middle East & Africa

Metal stearates are widely employed in Asia-Pacific. Developing countries in the Asia-Pacific region have large plastics and rubber businesses. These countries are predicted to offer immense opportunities to manufacturers in the near future. Regions like Europe and North America also offer significant expansion opportunities in the metal stearate market as these regions, particularly Eastern Europe, have new manufacturing businesses. China and India are predicted to be the main markets due to escalated construction activities with rapid industrialization.

In addition, the increase in sales of light, fuel-efficient cars is predicted to spur calls for polymers, which is another factor influencing the call for metal stearates. The North American market represented 19.8% of the market share and it is predicted to record a 4.82% annual growth rate during the evaluation period. The strong call for cosmetic products due to the expansion of the active population and the increase in disposable income are factors that stimulate the expansion of the regional market. Additionally, the Middle East and Africa market is predicted to show substantial expansion during the foreseen period.

Recent Developments:

• Mallinckrodt and Baerlocher based in Houston declared that Baerlocher USA has bought Mallinckrodt's Hydense metal stearate business. Metal stearates are employed as lubricants and thermal stabilizers in the manufacturing of several plastics. Mallinckrodt will continue to produce metal stearates for the pharmaceutical industry.

• Valtril has added the latest goods to its lubricants group. Valtris Specialty Chemicals firm based in Ohio is rising its lubricant portfolio with the launch of two latest goods.

Metallic Stearates Market Key Players:

1. Baerlocher GmbH (Germany)

2. Dover Chemical Corporation (U.S.)

3. FACI S.p.A (Italy)

4. Peter Greven GmbH & Co. KG (Germany)

5. Sun Ace Kakoh (Pte.) Ltd. (Malaysia)

6. Valtris Specialty Chemicals (U.S.)

7. Norac Additives (U.S.)

8. PMC Biogenix, Inc. (U.S)