Metallic Stearates Market

Updated on : October 10, 2024

Metallic Stearates Market

The metallic stearates market was valued at USD 3.7 billion in 2023 and is projected to reach USD 4.9 billion by 2028, growing at 5.4% cagr from 2023 to 2028.

Metallic stearates are metal salts of stearic acid that are commonly used as release agents, lubricants, stabilizers, and water repellents in various industries such as plastics, rubber, coatings, and construction. The global metallic stearates market has been growing steadily in recent years and is expected to continue to grow in the coming years. The Metallic Stearates market is segmented on the basis of the type such as Zinc Stearates, Calcium Stearates, Magnesium Stearates, Aluminium Stearates, and Others. The market of Metallic Stearates has been segmented on the basis of end-use industries such as polymer & rubber, pharmaceutical & cosmetics, building & construction, paints & coatings, and others.

Attractive Opportunities in the Metallic Stearates Market

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Metallic Stearates Market Dynamics

Driver: Rising use of polymer in various end-use imdustries

The use of polymers in various end-use industries has been on the rise in recent years due to their unique properties, such as high strength, durability, flexibility, and light-weight nature. Polymer demand is growing in the automotive, construction, packaging, and electronics industries, among others. As the demand for polymers increases, so does the demand for metallic stearates, which are essential additives in the production of polymers. Metallic stearates are used as lubricants, stabilizers, and release agents in the processing of polymers, which improves their quality and efficiency. For example, metallic stearates are added to polyvinyl chloride (PVC) products to improve their processing characteristics and mechanical properties. The growing demand for high-performance polymers and the need to improve the efficiency of polymer processing are driving the growth of the metallic stearates market.

Restraint: Stringent Environmental Regulations

Stringent environmental regulations are one of the major factors restraining the growth of the metallic stearates market. Many countries have implemented strict regulations on the use of metallic stearates due to their potential environmental and health hazards. For example, metallic stearates can release toxic gases when burned, and they can also accumulate in soil and water, leading to environmental pollution. In addition, some metallic stearates have been classified as hazardous chemicals by regulatory authorities, which restricts their use in certain applications.

Opportunities: Adoption of Sustainable Measures

The adoption of sustainable measures is creating new opportunities for metallic stearates in the market. With increasing awareness of the environmental impact of traditional metallic stearates, many end-use industries are seeking more sustainable alternatives that meet their performance requirements. This has led to the development of bio-based metallic stearates, which are derived from renewable sources and have a lower environmental footprint compared to traditional metallic stearates. Bio-based metallic stearates are considered safer and more sustainable, making them a preferred choice for many end-use industries.

Challenges: Price Volatility

The prices of raw materials used in the production of metallic stearates, such as stearic acid and metal oxides, can be subject to significant fluctuations due to various factors such as supply-demand dynamics, geopolitical events, and changes in trade policies. This volatility can impact the profitability of manufacturers and increase the overall cost of production, which can then be passed on to customers in the form of higher prices. This, in turn, can affect the demand for metallic stearates, particularly in price-sensitive markets.

Metallic Stearates Market Ecosystem

By Type, Zinc Stearates projected to register the highest CAGR during the forecast period

Zinc stearates have excellent release properties and are highly effective in preventing sticking and fouling of molds during the production of rubber and plastics. Zinc stearates are one of the most widely used releasing agents among all metallic stearates. They are also used as emulsifiers in cosmetics and toiletries. They have a very sharp melting point in comparison to other stearates, which helps them to liquefy faster while melting. They are hydrophobic, lipophilic, non-sticky, and are soluble in nonpolar polyolefin medium as well as aromatic compounds, but are not soluble in polar solvents such as alcohols and ethers. This has led to widespread use of zinc stearates in various industries. Rising demands from several end-use industries such as pharmaceuticals & cosmetics, and others helps to grow the market of Metallic Stearates during the forecast period.

By End-Use Industry, Polymer & Rubber segment accounted for the largest market share during the forecast period

Most metallic stearates are used as lubricants in polymer processing and are good water-repelling agents as well as releasing and gelling agents. Among metallic stearates, zinc stearates are widely used in the production of fiberglass-reinforced polyesters, phenolic resins and compounds, polyolefin, polystyrene, PVC, and others. Calcium stearates act as an effective acid scavengers for PVC processing, processing aids for high throughput PVC extrusion processes, and lubricants for polymer applications. Metallic stearates are also used as dispersion agents in the polymer industry. Metallic stearates are widely used in powdered form in unvulcanized rubber to prevent decomposition. They act as anti-blocking agents and elastomer processing aids/release agents. Metallic stearates find major applications in the manufacture of rubber tires.

Asia Pacific is projected to account for the highest CAGR in the Metallic Stearates market during the forecast period

The Asia-Pacific region has been experiencing significant economic growth over the past few decades. This growth has been driven by several factors, including increased trade and investment, improved infrastructure, and technological advancements. China, India, and Japan are among the largest economies in the Asia-Pacific region, and have been major drivers of economic growth in the region. In recent years, other countries such as Indonesia, Malaysia, and Vietnam have also emerged as important players in the regional economy. Increasing urbanization and infrastructure development are boosting the demand for lubricants, adhesives and coatings, which are the other prominent applications for the metallic steartes.

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Metallic Stearates Market Players

Metallic Stearates comprises major manufacturers such as Baerlocher GmbH (Germany), Dover Chemical Corporation (US), Valtris Specialty Chemicals (US), Faci Spa (Italy)  were the leading players in the Metallic Stearates market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Metallic Stearates market.

Metallic Stearates Market Report Scope

This research report categorizes the global Metallic Stearates industry on the basis of Type, End-use, and Region.

Metallic Stearates Industry, By Type

• Zinc Stearates
• Calcium Stearates
• Magnesium Stearates
• Aluminium Stearates
• Others

Metallic Stearates Industry, By End-Use Industry

• Polymer & Rubber
• Pharmaceutical & Cosmetics
• Building & Construction
• Paints & Coatings
• Others

Metallic Stearates Industry, By Region

• Asia Pacific (APAC)
• North America
• Europe
• South America
• Middle East & Africa

The market has been further analyzed for the key countries in each of these regions.

Recent Developments

• In October 2021, Baerlocher GmbH (Germany) is investing in its production plant in Bury. It will increase the capacity of its calcium-based PVC stabilizer plant by more than 50% with the installation of additional new Mixing and Granulation units in 2022.
• In March 2021, Baerlocher GmbH (Germany) expanded its production site in Dewas in the Indian state of Madhya Pradesh. The new production facility will have a capacity of 30,000 tons per year and will exclusively produce Ca-based PVC stabilizers. After the last expansion at the beginning of 2020, this new expansion
• In June 2020, Peter Greven GmbH & Co. KG, a leading manufacturer of oleochemical additives, signed an exclusive distribution agreement with Solenis Switzerland GmbH, a leading manufacturer of specialty chemicals. 
• In June 2019, PMC Biogenix (US) announced a significant expansion of its production capacity for various specialty chemicals, including fatty acids, esters, and metal soaps, at its plant in Memphis, Tennessee.

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