Metallic Stearates Market Overview
The Metallic Stearates Market size is estimated to reach US$6.2 billion by 2027 after growing at a CAGR of 7.1% during the forecast period 2022-2027. Metallic stearate is a combination of long-chain fatty acids with metals of various valencies. Metallic stearates are widely utilized as an active component in a variety of personal care items, paints, cosmetics, lubricants, detergents, construction materials and others. Sodium, zinc stearate, magnesium stearate, aluminum stearates and calcium stearates are a few of the most popular metallic stearates manufactured. The rapid growth of the plastics industry, combined with rising product demand for refining the surface textures of plastic goods, is likely to boost the market throughout the projected period. Furthermore, increased use of metallic stearates as mold release agents in the rubber industry is expected to fuel its demand. The COVID-19 pandemic majorly impacted the Metallic Stearates Market size due to restricted production, supply chain disruption, logistics restrictions and a fall in demand. However, with robust growth and flourishing applications across major industries such as transportation, medical & healthcare, food & beverages and others, the Metallic Stearates Market size is anticipated to grow rapidly during the forecast period.
Metallic Stearates Report Coverage
The “Metallic Stearates Market
Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis
of the following segments in the Metallic Stearates industry.
Key Takeaways
- The Asia-Pacific region dominates the Metallic Stearates Market size since the Increased construction activities and automotive production have boosted product demand in the APAC region for paints and coatings, rubber and plastics.
- The plastic industry uses calcium stearate and zinc stearate extensively. Moreover, the growing plastic applications around the world are likely to drive market expansion for Metallic Stearates.
- Metallic Stearate is becoming more popular in the personal care market as a non-gelling thickening and lubricant. The Metallic Stearates Market size is growing due to its use in shampoos, sun-protective lotions, medicinal ointments, deodorants, scents and hair and skin care products.
Figure: Asia-Pacific Metallic Stearates Market Revenue, 2021-2027 (US$ Billion)
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Metallic Stearates Market Segment Analysis – by Type
Zinc Stearates held the largest share in the Metallic Stearates Market share in 2021 and are forecasted to grow at a CAGR of 7.3% during the
forecast period 2022-2027, owing to the
extensive characteristics provided by zinc stearates when compared to other
material types, such as aluminum stearates, calcium stearates,
magnesium stearates and others.
Zinc stearate's popularity has grown as a result of
its stabilizing and processing qualities. Zinc stearate is one of the most
commonly used metallic stearates because it is the most potent mould-releasing
agent and an effective separation agent. Furthermore, zinc stearate can
withstand extremely high temperatures. In the rubber and plastic industries,
they are utilized as release agents and lubricants. As a result, the value of
the metallic stearate market is rising due to increased demand for zinc
stearate from the end-use industries. Thus, owing to tremendous advantages and availability
over other material types, the demand for zinc stearates is growing for
application in major industries, thereby boosting the growth opportunities in the Metallic Stearates industry during the forecast period.
Metallic Stearates Market Segment Analysis – by End-use Industry
The Building
& Construction Industry held the largest
share in the Metallic Stearates Market share in 2021 and is forecasted to grow
at a CAGR of 7.6% during the forecast period 2022-2027, owing to
the increasing usage of metallic stearates in the building & construction
components. Metallic stearates are utilized as thickening, hydrophobic, flattening
and lubricating additives in the building and construction sector. New prospects in residential, industrial and commercial infrastructure
would boost product usage, accelerating regional market expansion. For
instance, according to the U.S Census Bureau, the seasonally adjusted annual
rate of construction in the United States increased from US$1,553,547 in April
2021 to US$1,744,801 in April 2022. According to Oxford Economics, the global
construction output in 2020 was US$10.7 trillion and is expected to grow
by 42% or US$4.5 trillion between 2020 and 2030 to reach US$15.2 trillion.
Thus,
significant growth in the building and construction industry would continue fuelling the Metallic Stearates Market growth.
Metallic Stearates Market Segment Analysis – by Geography
Asia-Pacific held the largest share in the Metallic Stearates Market share (up to 43%) in 2021. Increased construction activity in Asia-Pacific propels the use of metallic stearate in paints, rubber and plastic, driving the growth of the metallic stearate market in Asia-Pacific. Moreover, the building and construction sector is growing rapidly in Asia-Pacific, owing to a major development in infrastructural projects, emphasis on affordable housing units and modular building technology. According to Japan's Ministry of Land, Infrastructure, Transport and Tourism, the construction order for new houses rose to 32.3% in June 2021, compared to -13.4% in June 2020. Furthermore, the Make in India campaign by the Government of India plans to achieve infrastructural investment worth US$965.5 million by 2040. According to the International Trade Administration, the construction sector in China is projected to grow at an average rate of 8.6% from 2022 to 2030. Thus, significant growth in the building and construction industry is fuelling the Metallic Stearates Market growth.
Metallic Stearates Market Drivers
Flourishing Application in the Personal Care & Cosmetics Industry:
Metallic Stearates
are mostly utilized in the creation of cosmetics such as eyeshadow, eyeliner,
lipsticks, mascara, face powders, blushers and foundations because of their
hydrophobic qualities, which prevent items from absorbing water and clumping
together. Consumers' increasing spending power and higher levels of beauty
consciousness are also driving industry expansion. According to the India Brand Equity Foundation (IBEF), the market size of India's beauty, cosmetic and grooming market will reach US$20 billion by 2025 from the current US$6.5 billion. According to the
International Trade Administration, Mexico's overall cosmetic sector output
increased from $7.10 billion in 2018 to $7.15 billion in 2019. According to the
International Trade Administration, Thailand's beauty and personal care goods
market was valued at around US$6.2 billion in 2018 and is projected to grow to
US$8.0 billion by 2022. Thailand's beauty and personal care sector is projected
to grow at a rate of 7.3 percent per year from 2019 to 2022. Since the personal
care & cosmetics industries are booming, the demand for metallic
stearates is also significantly increasing. Thus, the increasing personal care
& cosmetics sector acts as a driver for the Metallic Stearates industry
during the forecast period.
Rising Demand in Plastics Industry:
Metallic Stearates
are widely used in the plastics sector. In the plastics sector, they are utilized
as acid scavengers, mold release agents and lubricants. The usage of the
product improves the surface texture of plastic. Furthermore, they reduce
friction and are employed in the plastics industry's melt processing. The rapid
rise of the plastics sector, combined with increased demand for products with
smoother surface textures, is expected to drive market growth in the forecast
period. According to the Ministry of Industry and Information Technology,
plastic product manufacturers earned a total profit of 57.47 billion yuan
(approximately $8.84 billion) during the period, up by 16.6 percent year on year.
Their total operating revenue increased by 23.4 percent year on year to nearly
1.03 trillion yuan. According to the American Chemistry Council, the production
of plastic resins, which serve as the foundation for all plastic products,
increased by 0.9 percent in 2020, compared to 1.2 percent in 2019. According to
the UN Environment Programme, global primary plastic production is expected to
exceed 1,100 million tonnes by 2050. Thus, with the flourishing demand for
plastic, the Metallic Stearates Market would grow rapidly.
Metallic Stearates Market Challenge:
Health Hazard related to Metallic Stearate:
Market competition is severely hampered by the health risk posed by Metallic
Stearates. Metallic stearates are frequently utilized in the cosmetics sector. Zinc stearate and magnesium
stearate are considered low to high hazard compounds in the cosmetics sector,
depending on their usage. Concerns have been expressed that magnesium stearate
and zinc stearate may have harmful effects such as increased cholesterol,
inhibiting the immune system, forming biofilms in the body and triggering
allergic reactions. As a result of the
health hazards associated with metallic stearates, as well as substitution
threats from better alternatives, the Metallic Stearates industry confronts
significant hurdles and a slowdown.
Metallic Stearates Industry Outlook
Technology launches, acquisitions
and R&D activities are key strategies adopted by players in the Metallic Stearates Market. The top 10 companies in the Metallic Stearates Market are:
- Mallinckrodt plc
- Baerlocher GmbH
- HIMSTAB LLC
- Dover Chemical Corporation
- Faci SpA
- Peter Greven GmbH & Co. KG
- Sun Ace Corporation
- Valtris Specialty Chemicals
- PMC Group, Inc.
- James M. Brown Ltd.
Recent Developments
- In October 2020, Ravago Chemicals North America (RCNA) announced a collaboration with Valtris Speciality Chemicals, a market-leading manufacturer of metal stearates and specialty additives. RCNA would distribute the Valtris materials through its existing product portfolio in the Life Ingredients Division's Food, Nutraceutical & Pharmaceutical (FNP) and Personal Care segments.
- In September 2020, Kigo Chemical signed a distribution deal with Valtris Specialty Chemicals to market Synpro Metallic Stearates throughout Mexico.
- In February 2019, Baerlocher, one of the world's largest manufacturers of additives for the plastics industry, invested US$30 million in its Indian subsidiary, doubling its current capacity by 2021. The company's investment increased metal stearate manufacturing.
Relevant Reports
Report Code: CMR 1078
Report Code: CMR 0500
Report Code: CMR 0601
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LIST OF TABLES
1.Global Metallic Stearates Market By Type Market 2023-2030 ($M)1.1 Zinc Stearates Market 2023-2030 ($M) - Global Industry Research
1.1.1 Polymer & Rubber Industry Market 2023-2030 ($M)
1.2 Calcium Stearates Market 2023-2030 ($M) - Global Industry Research
1.2.1 Polymer & Rubber Industry Market 2023-2030 ($M)
1.3 Magnesium Stearates Market 2023-2030 ($M) - Global Industry Research
1.3.1 Polymer & Rubber Market 2023-2030 ($M)
1.4 Aluminum Stearates Market 2023-2030 ($M) - Global Industry Research
1.4.1 Polymer & Rubber Industry Market 2023-2030 ($M)
1.4.2 Paints & Coatings Market 2023-2030 ($M)
2.Global Metallic Stearates Market By End-Use Industry Market 2023-2030 ($M)
2.1 Polymer & Rubber Industry Market 2023-2030 ($M) - Global Industry Research
2.1.1 Polymers Market 2023-2030 ($M)
2.1.2 Rubbers Market 2023-2030 ($M)
2.1.3 Pharmaceuticals Market 2023-2030 ($M)
2.1.4 Cosmetics Market 2023-2030 ($M)
2.1.5 Food Supplements Market 2023-2030 ($M)
2.2 Building & Construction Market 2023-2030 ($M) - Global Industry Research
2.2.1 Hydrophobic Agents Market 2023-2030 ($M)
2.2.2 Waterproofing & Efflorescence Control Market 2023-2030 ($M)
2.3 Paints & Coatings Market 2023-2030 ($M) - Global Industry Research
3.Global Metallic Stearates Market By Type Market 2023-2030 (Volume/Units)
3.1 Zinc Stearates Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Polymer & Rubber Industry Market 2023-2030 (Volume/Units)
3.2 Calcium Stearates Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Polymer & Rubber Industry Market 2023-2030 (Volume/Units)
3.3 Magnesium Stearates Market 2023-2030 (Volume/Units) - Global Industry Research
3.3.1 Polymer & Rubber Market 2023-2030 (Volume/Units)
3.4 Aluminum Stearates Market 2023-2030 (Volume/Units) - Global Industry Research
3.4.1 Polymer & Rubber Industry Market 2023-2030 (Volume/Units)
3.4.2 Paints & Coatings Market 2023-2030 (Volume/Units)
4.Global Metallic Stearates Market By End-Use Industry Market 2023-2030 (Volume/Units)
4.1 Polymer & Rubber Industry Market 2023-2030 (Volume/Units) - Global Industry Research
4.1.1 Polymers Market 2023-2030 (Volume/Units)
4.1.2 Rubbers Market 2023-2030 (Volume/Units)
4.1.3 Pharmaceuticals Market 2023-2030 (Volume/Units)
4.1.4 Cosmetics Market 2023-2030 (Volume/Units)
4.1.5 Food Supplements Market 2023-2030 (Volume/Units)
4.2 Building & Construction Market 2023-2030 (Volume/Units) - Global Industry Research
4.2.1 Hydrophobic Agents Market 2023-2030 (Volume/Units)
4.2.2 Waterproofing & Efflorescence Control Market 2023-2030 (Volume/Units)
4.3 Paints & Coatings Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Metallic Stearates Market By Type Market 2023-2030 ($M)
5.1 Zinc Stearates Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Polymer & Rubber Industry Market 2023-2030 ($M)
5.2 Calcium Stearates Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Polymer & Rubber Industry Market 2023-2030 ($M)
5.3 Magnesium Stearates Market 2023-2030 ($M) - Regional Industry Research
5.3.1 Polymer & Rubber Market 2023-2030 ($M)
5.4 Aluminum Stearates Market 2023-2030 ($M) - Regional Industry Research
5.4.1 Polymer & Rubber Industry Market 2023-2030 ($M)
5.4.2 Paints & Coatings Market 2023-2030 ($M)
6.North America Metallic Stearates Market By End-Use Industry Market 2023-2030 ($M)
6.1 Polymer & Rubber Industry Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Polymers Market 2023-2030 ($M)
6.1.2 Rubbers Market 2023-2030 ($M)
6.1.3 Pharmaceuticals Market 2023-2030 ($M)
6.1.4 Cosmetics Market 2023-2030 ($M)
6.1.5 Food Supplements Market 2023-2030 ($M)
6.2 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Hydrophobic Agents Market 2023-2030 ($M)
6.2.2 Waterproofing & Efflorescence Control Market 2023-2030 ($M)
6.3 Paints & Coatings Market 2023-2030 ($M) - Regional Industry Research
7.South America Metallic Stearates Market By Type Market 2023-2030 ($M)
7.1 Zinc Stearates Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Polymer & Rubber Industry Market 2023-2030 ($M)
7.2 Calcium Stearates Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Polymer & Rubber Industry Market 2023-2030 ($M)
7.3 Magnesium Stearates Market 2023-2030 ($M) - Regional Industry Research
7.3.1 Polymer & Rubber Market 2023-2030 ($M)
7.4 Aluminum Stearates Market 2023-2030 ($M) - Regional Industry Research
7.4.1 Polymer & Rubber Industry Market 2023-2030 ($M)
7.4.2 Paints & Coatings Market 2023-2030 ($M)
8.South America Metallic Stearates Market By End-Use Industry Market 2023-2030 ($M)
8.1 Polymer & Rubber Industry Market 2023-2030 ($M) - Regional Industry Research
8.1.1 Polymers Market 2023-2030 ($M)
8.1.2 Rubbers Market 2023-2030 ($M)
8.1.3 Pharmaceuticals Market 2023-2030 ($M)
8.1.4 Cosmetics Market 2023-2030 ($M)
8.1.5 Food Supplements Market 2023-2030 ($M)
8.2 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
8.2.1 Hydrophobic Agents Market 2023-2030 ($M)
8.2.2 Waterproofing & Efflorescence Control Market 2023-2030 ($M)
8.3 Paints & Coatings Market 2023-2030 ($M) - Regional Industry Research
9.Europe Metallic Stearates Market By Type Market 2023-2030 ($M)
9.1 Zinc Stearates Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Polymer & Rubber Industry Market 2023-2030 ($M)
9.2 Calcium Stearates Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Polymer & Rubber Industry Market 2023-2030 ($M)
9.3 Magnesium Stearates Market 2023-2030 ($M) - Regional Industry Research
9.3.1 Polymer & Rubber Market 2023-2030 ($M)
9.4 Aluminum Stearates Market 2023-2030 ($M) - Regional Industry Research
9.4.1 Polymer & Rubber Industry Market 2023-2030 ($M)
9.4.2 Paints & Coatings Market 2023-2030 ($M)
10.Europe Metallic Stearates Market By End-Use Industry Market 2023-2030 ($M)
10.1 Polymer & Rubber Industry Market 2023-2030 ($M) - Regional Industry Research
10.1.1 Polymers Market 2023-2030 ($M)
10.1.2 Rubbers Market 2023-2030 ($M)
10.1.3 Pharmaceuticals Market 2023-2030 ($M)
10.1.4 Cosmetics Market 2023-2030 ($M)
10.1.5 Food Supplements Market 2023-2030 ($M)
10.2 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
10.2.1 Hydrophobic Agents Market 2023-2030 ($M)
10.2.2 Waterproofing & Efflorescence Control Market 2023-2030 ($M)
10.3 Paints & Coatings Market 2023-2030 ($M) - Regional Industry Research
11.APAC Metallic Stearates Market By Type Market 2023-2030 ($M)
11.1 Zinc Stearates Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Polymer & Rubber Industry Market 2023-2030 ($M)
11.2 Calcium Stearates Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Polymer & Rubber Industry Market 2023-2030 ($M)
11.3 Magnesium Stearates Market 2023-2030 ($M) - Regional Industry Research
11.3.1 Polymer & Rubber Market 2023-2030 ($M)
11.4 Aluminum Stearates Market 2023-2030 ($M) - Regional Industry Research
11.4.1 Polymer & Rubber Industry Market 2023-2030 ($M)
11.4.2 Paints & Coatings Market 2023-2030 ($M)
12.APAC Metallic Stearates Market By End-Use Industry Market 2023-2030 ($M)
12.1 Polymer & Rubber Industry Market 2023-2030 ($M) - Regional Industry Research
12.1.1 Polymers Market 2023-2030 ($M)
12.1.2 Rubbers Market 2023-2030 ($M)
12.1.3 Pharmaceuticals Market 2023-2030 ($M)
12.1.4 Cosmetics Market 2023-2030 ($M)
12.1.5 Food Supplements Market 2023-2030 ($M)
12.2 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
12.2.1 Hydrophobic Agents Market 2023-2030 ($M)
12.2.2 Waterproofing & Efflorescence Control Market 2023-2030 ($M)
12.3 Paints & Coatings Market 2023-2030 ($M) - Regional Industry Research
13.MENA Metallic Stearates Market By Type Market 2023-2030 ($M)
13.1 Zinc Stearates Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Polymer & Rubber Industry Market 2023-2030 ($M)
13.2 Calcium Stearates Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Polymer & Rubber Industry Market 2023-2030 ($M)
13.3 Magnesium Stearates Market 2023-2030 ($M) - Regional Industry Research
13.3.1 Polymer & Rubber Market 2023-2030 ($M)
13.4 Aluminum Stearates Market 2023-2030 ($M) - Regional Industry Research
13.4.1 Polymer & Rubber Industry Market 2023-2030 ($M)
13.4.2 Paints & Coatings Market 2023-2030 ($M)
14.MENA Metallic Stearates Market By End-Use Industry Market 2023-2030 ($M)
14.1 Polymer & Rubber Industry Market 2023-2030 ($M) - Regional Industry Research
14.1.1 Polymers Market 2023-2030 ($M)
14.1.2 Rubbers Market 2023-2030 ($M)
14.1.3 Pharmaceuticals Market 2023-2030 ($M)
14.1.4 Cosmetics Market 2023-2030 ($M)
14.1.5 Food Supplements Market 2023-2030 ($M)
14.2 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
14.2.1 Hydrophobic Agents Market 2023-2030 ($M)
14.2.2 Waterproofing & Efflorescence Control Market 2023-2030 ($M)
14.3 Paints & Coatings Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Metallic Stearates Market Revenue, 2023-2030 ($M)2.Canada Metallic Stearates Market Revenue, 2023-2030 ($M)
3.Mexico Metallic Stearates Market Revenue, 2023-2030 ($M)
4.Brazil Metallic Stearates Market Revenue, 2023-2030 ($M)
5.Argentina Metallic Stearates Market Revenue, 2023-2030 ($M)
6.Peru Metallic Stearates Market Revenue, 2023-2030 ($M)
7.Colombia Metallic Stearates Market Revenue, 2023-2030 ($M)
8.Chile Metallic Stearates Market Revenue, 2023-2030 ($M)
9.Rest of South America Metallic Stearates Market Revenue, 2023-2030 ($M)
10.UK Metallic Stearates Market Revenue, 2023-2030 ($M)
11.Germany Metallic Stearates Market Revenue, 2023-2030 ($M)
12.France Metallic Stearates Market Revenue, 2023-2030 ($M)
13.Italy Metallic Stearates Market Revenue, 2023-2030 ($M)
14.Spain Metallic Stearates Market Revenue, 2023-2030 ($M)
15.Rest of Europe Metallic Stearates Market Revenue, 2023-2030 ($M)
16.China Metallic Stearates Market Revenue, 2023-2030 ($M)
17.India Metallic Stearates Market Revenue, 2023-2030 ($M)
18.Japan Metallic Stearates Market Revenue, 2023-2030 ($M)
19.South Korea Metallic Stearates Market Revenue, 2023-2030 ($M)
20.South Africa Metallic Stearates Market Revenue, 2023-2030 ($M)
21.North America Metallic Stearates By Application
22.South America Metallic Stearates By Application
23.Europe Metallic Stearates By Application
24.APAC Metallic Stearates By Application
25.MENA Metallic Stearates By Application
26.Dover Chemical Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Baerlocher GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.FACI SAP, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Peter Greven GmbH & Co. Kg, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Valtris Specialty Chemicals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Norac Additives, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.James M. Brown Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Nimbasia Stabilizers, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Marathwada Chemical Industries Pvt. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Lumega Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Seoul Fine Chemical Ind, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.IRRH Specialty Chemicals, Sales /Revenue, 2015-2018 ($Mn/$Bn)