The global demand for Zinc Stearate Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Zinc stearate is a solid white zinc salt of fatty acid which is extensively used in industrial works and repels water. It is not soluble in polar solvents like alcohol and ether but is readily soluble in aromatic hydrocarbons along with chlorinated hydrocarbons on heating. Precipitation (also called double decomposition) is the commonly used technique for manufacturing the metallic stearates. In this method, the rate of precipitation manages the particle size, particle morphology and surface area. This technique generates fine grains of metallic stearates with the high surface area. They can be employed as both lubricants as well as release agents. Metallic stearates have considerable application in the plastics industry. They are also used as mold release agents, lubricants and acid scavenge in the plastics industry. The surface texture of plastics products is enhanced with the usage of the commodity. Likewise, they decrease friction and are wielded in meat processing and in many other works.
Market Dynamics
Increasing global plastics industry coupled with rising demand in cosmetics and pharmaceutical sector is predicted to drive the growth of the metallic stearates market. A broad range of substances including zinc, aluminium and calcium stearate, are utilized as metallic stearates in a variety of applications which enhances the demand of the market. The immediate growth in the plastics industry is anticipated to stimulate the market over the forecast period. Besides, expanded use in the rubber industry as mould release agents is also plausible to give an abrupt swing to the market for metallic stearates.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of zinc stearate.
Market Segmentation
The entire Zinc Stearate market has been sub-categorized into function, application, end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Function
- Release Agent
- Thickening Agent
- Emulsifiers
- Other Functions
By Application
- Plastics
- Rubber
- Concrete
- Paint and Coating
- Personal Care
- Pharmaceutical
- Other
By End Use
- Construction
- Packaging
- Consumer Goods
- Automotive
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for zinc stearate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Zinc Stearate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the zinc stearate market include Dover Chemical Corporation, Faci S.p.A., Baerlocher GmbH, Peter Greven GmbH & Co. KG (Norac), Valtris , Linan Huali Plastic Co., Ltd., Nikunj Chemical Limited , Pratham Stearchem Pvt. Ltd., Norac Additives, Faci Asia Pacific, Union Derivan SA (UNDESA). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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