The global calcium stearate market exhibited moderate growth during 2015-2020. Calcium stearate (C36H70O4.Ca) is a carboxylate of calcium that is produced by the reaction of stearic acid and calcium oxide. Also known as calcium octadecanoic acid, it has a high melting point of around 356°F and is accessible in both solid and liquid forms. As calcium stearate is relatively easy and affordable to manufacture with low toxicity, it is used in a number of industries across the globe.
Calcium stearate is employed in the rubber processing industry as an anti-caking and scavenging agent to prevent coagulation of uncured rubber and release the final product from molds. In line with this, the rising demand for rubber in the automobile industry is impelling the growth of the market. It is also used for improving the sheen and extending the life of paper products in the pulp and paper industry. Moreover, as calcium stearate is considered fit for human consumption, it is used in the food industry for producing spices, candies and other confectionary items. Similarly, in the pharmaceutical industry, it is incorporated into various supplements and oral drug formulations. Additionally, liquid calcium stearate is utilized in the cement industry to prevent secondary efflorescence and minimize the loss of solvated salts, owing to the continuous exposure of adhesive to the air. Furthermore, the thriving construction industry, driven by the increasing infrastructural activities and rising residential and commercial construction, is anticipated to increase the demand for calcium stearate in the upcoming years. Looking forward, the global calcium stearate market is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).
IMARC Group’s latest report provides a deep insight into the global calcium stearate market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the calcium stearate industry in any manner.
The report has also analysed the competitive landscape of the market with some of the key players being BELIKE Chemical, Faci S.p.a., Kali Chem Industries, Seoul Fine Chemical Industries, Mittal Dhatu Rashayan Udyog, Hallstar Company, Baerlocher, Barium & Chemicals Inc., CellMark, Hummel Croton, Dover Chemical Corporation, Ferro Corporation, Allan Chemical Corporation, Norac Additives, PMC Biogenix, Peter Greven GmbH, etc.
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