Metallic stearates are classified as a compound of long chain fatty acids with metals of different valences. Some of the metallic stearates are insoluble in water while other compound of long chain fatty acids with alkaline metals or ammonia are soluble in water. Lubrication and release properties along with water repellence are a few characteristics of all metallic stearates. Effects of these properties are depended upon the chain length of the fatty acid, cation and other properties of metallic stearates. These are majorly produced from organic raw materials. Therefore, they can be abraded to some extent when exposed to excessively high temperature, resulting in discoloration. These are widely utilized in numerous application such as building & construction, cosmetics, plastics, rubber, pharmaceuticals, coatings, and others.
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Global Prominent Players Analysis to 2023
Some of the prominent players operating in the Metallic Stearates Market are James M. Brown Ltd. (U.K), PMC Group, Inc. (U.S.), Dover Chemical Corporation (U.S.), Baerlocher GmbH (Germany), FACI SPA (Italy), Peter Greven GmbH & Co. KG (Germany), Valtris Specialty Chemicals (U.S.), Sun Ace Kakoh (Pte.) Ltd (Singapore), Nimbasia (India), IRRH SPECIALTY CHEMICALS (India) among others.
Geographically, Metallic Stearates Market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, the Asia Pacific region is estimated to grow with the fastest CAGR during the assessment period, (2016 to 2023) owing to expansion of various end use application such as building & construction and plastics among others. The demand for Metallic Stearates is predicted to surge in the developing countries of Asia Pacific such as China, South Korea, India, Japan, Vietnam, and Malaysia due to approval of large scale residential, commercial, as well as industrial construction projects. Moreover, increasing disposable income along with rising automotive production & sales is anticipated to fuel the regional growth. Furthermore, ease of inexpensive availability of raw material, cheap labor & land cost, and rising development strategies to fulfil the demand for Metallic Stearates in the increasing applications are the important factors for the regional market growth.
Metallic Stearates are esters or salts of long chain fatty acids with metals of dissimilar valences. Chemical structure of metallic stearates possess a stable hydrocarbon chain. Some of it are non-soluble in water and offer the hydrophobic nature of metallic stearates. It is a kind of salt which is produced by replacing the carboxylic hydrogen with a metal to yield a salt. They exhibit numerous properties such as lubricating property, separating property, water repellence, gelling capacity, stabilizing effect, and foam inhibition. Their melting point is relatively higher and in the form of fine dry powder they can act as a dry lubricant when used in the solid powder form. In some cases, hydrophobic nature of metallic stearates is highly desirable. Some of the important type of metallic stearates are aluminum, calcium, zinc, and magnesium. They find wide application scope in pharmaceuticals, plastics, rubber, cosmetics, coatings, building & construction, and others. Moreover, standard zinc stearate is used as lubricant and release agent for PVC and polyolefins and hydrophobic agent in construction.
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Asia Pacific emerged as the largest market for Metallic Stearates followed by North America and Europe. North America is expected to witness a tremendous growth in Metallic Stearates Market on account of recovery of industrial sector combined with escalating investments to revitalize rubber and plastic industry. In North America, countries such as the U.S. and Canada are among the key contributors in the regional market growth and are estimated to see a significant regional market growth on account of continuous expansion of pharmaceutical and coatings sector. European countries such as Russia, Poland, France, Italy, Germany, and U.K have emerged as important consumer markets due to developed end use industries and huge expenditure on R&D and innovation. Latin American countries such as Mexico, Brazil, Colombia, and Argentina are also estimated to witness moderate growth due to rising expenditure on cosmetics. The Middle East & Africa is predicted to witness an above average growth during the review period. Rising investment in residential as well as commercial construction sector in Qatar, Oman, Saudi Arabia and the United Arab Emirates (UAE) is expected to positively influence industry growth during the assessment period.
The Global Metallic Stearates Market is classified on the basis of product, application, and regions. On the basis of Product, the market is categorized as magnesium, aluminum, zinc, calcium, and others. Other product include alkali stearates such as lithium stearates, sodium stearates, and sodium oleates. On the basis of Application, Metallic Stearates Market is classified into plastics, rubber, cosmetics, building & construction, coatings, pharmaceuticals, and others. On the basis of Region, the market is classified into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
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