Stearates are esters of fatty acids widely used as additives due to its lubricating property. It helps in reducing the friction between polymers and fillers. They can be classified into metal stearates and non-metal stearates. Metal stearates include calcium stearate, zinc stearate, and magnesium stearate whereas non-metal stearates encompass glycerol monostearate (GMS) and various types of animal fats.
Market Dynamics
The increasing innovations by major stearates manufacturers on developing an innovative production process for metallic stearates is projected to offer potential market opportunities. Manufacturers are focusing on R&D to develop more innovative and eco-friendly technologies for the production of metallic stearates.
The rising demand for stearates from the pharmaceutical industry is expected to accelerate market growth. It is used as anti-caking additive for granules and powders in the production of the drugs. Growing geriatric populations is creating demand for healthcare need such as drugs and medical devices. Also, increasing production of the drugs and other pharmaceutical products to cater to rising demand is projected to bolster the market growth of the stearates.
Key features of the study:
- This report provides in-depth analysis of the global stearates market and provides market size (US$ Billion & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- This study also provides impact analysis of Coronavirus (COVID-19) pandemic on global stearates market.
- It profiles key players in the global stearates market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study America eChem Inc., Baerlocher GmbH, Corporación Sierra Madre S.A. de C.V., Dover Chemical Corporation, FACI S.p.A., Ferro Corporation, Hummel Croton, Inc., Mallinckrodt Pharmaceuticals, Mexichem S.A.B. de C.V., and Nitika Pharmaceutical Specialities Private Limited (Nitika Chemicals)
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global stearates market report caters to various stakeholders in this industry including investors, suppliers, global stearates market manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global stearates market
Detailed Segmentation:
- Global Stearates Market, By Technology:
- Calcium Stearate
- Sodium Stearate
- Zinc Stearate
- Magnesium Stearate
- Aluminum Monostearate
- Others
- Global Stearates Market, By End-User:
- Pharmaceuticals
- Plastic and Rubber Processing
- Building and Construction
- Paints and Coatings
- Others
- Global Stearates Market, By Region:
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- America eChem Inc.
- Baerlocher GmbH
- Corporación Sierra Madre S.A. de C.V.
- Dover Chemical Corporation
- FACI S.p.A.
- Ferro Corporation
- Hummel Croton, Inc.
- Mallinckrodt Pharmaceuticals
- Mexichem S.A.B. de C.V.
- Nitika Pharmaceutical Specialities Private Limited (Nitika Chemicals)
