The global metallic stearate market size reached US$ 4.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Metallic stearates are compounds of long-chain fatty acids with different metal valences, such as aluminum, calcium, magnesium, and zinc. They are generally available in the form of flakes, pastilles, granules, pellets, and fine powders with high surface area. Due to their lubricating and separating properties, they are primarily used as acid scavengers, lubricants, and release agents in plastic products. They act as suspension agents during the production of waxes and liquid wax compounds. Moreover, their release properties, thixotropic effect, and gelling capacity are beneficial in the pharmaceutical industry for tablet pressing.
Metallic Stearate Market Trends:
The market growth can be attributed to the increasing utilization of metallic stearates in various end use industries. For instance, they are employed in the textile industry as antistatic agents for dry impregnation. They are also used in printing ink works as swelling and suspension aids for additives like pigments. Moreover, metallic stearates are added to personal care products and cosmetics, such as shampoos, eyeliners, lipsticks, sun-protective lotions, medicated ointments, and foot powders, due to their hydrophobic properties that prevent products from absorbing water and forming agglomerates. The increasing expenditure capacities of consumers and rising levels of beauty consciousness among the masses are also promoting the market growth. Apart from this, the leading players are developing thermostable metallic stearates, which are highly resistant to discoloration when used in transparent or brightly colored thermoplastics at high processing temperatures. These developments are anticipated to expand the applications of metallic stearates in the construction and metal processing industries.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metallic stearate market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
Breakup by Application:
Building and Construction
Paints and Coatings
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Baerlocher GmbH, DAINICHI CHEMICAL INDUSTRY Co. Ltd., Dover Chemical Corporation (ICC Industries Inc.), Faci S.p.A., James M. Brown Ltd., Nimbasia, Norac Additives LLC, Peter Greven GmbH & Co. KG, PMC Biogenix Inc., Sun Ace Kakoh Pte Ltd, Univar Solutions Inc., and Valtris Specialty Chemicals.
Base Year of the Analysis
Product, Application, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Baerlocher GmbH, DAINICHI CHEMICAL INDUSTRY Co. Ltd., Dover Chemical Corporation (ICC Industries Inc.), Faci S.p.A., James M. Brown Ltd., Nimbasia, Norac Additives LLC, Peter Greven GmbH & Co. KG, PMC Biogenix Inc., Sun Ace Kakoh Pte Ltd, Univar Solutions Inc., and Valtris Specialty Chemicals
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Key Questions Answered in This Report
The global metallic stearate market was valued at US$ 4.3 Billion in 2022.
We expect the global metallic stearate market to exhibit a CAGR of 4.9% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for metallic stearate.
The rising demand for metallic stearates in personal care products and cosmetics, such as shampoos, eyeliners, lipsticks, etc., owing to their hydrophobic properties, which prevent products from absorbing water and forming agglomerates, is primarily driving the global metallic stearate market.
Based on the product, the global metallic stearate market has been segmented into zinc stearate, calcium stearate, aluminum stearate, magnesium stearate, and others. Among these, zinc stearate currently holds the majority of the total market share.
Based on the application, the global metallic stearate market can be divided into plastics, rubber, pharmaceuticals, cosmetics, building and construction, paints and coatings, and others. Currently, plastics exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global metallic stearate market include Baerlocher GmbH, DAINICHI CHEMICAL INDUSTRY Co. Ltd., Dover Chemical Corporation (ICC Industries Inc.), Faci S.p.A., James M. Brown Ltd., Nimbasia, Norac Additives LLC, Peter Greven GmbH & Co. KG, PMC Biogenix Inc., Sun Ace Kakoh Pte Ltd, Univar Solutions Inc., and Valtris Specialty Chemicals.
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