The metallic stearates market size is estimated to be USD 3.7 billion in 2023, and it is projected to reach USD 4.9 billion by 2028 at a CAGR of 5.4%. 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 market is segmented on the basis of several types of metallic stearates such as zinc stearates, calcium stearates, magnesium stearates, aluminum stearates, and others. Metallic stearates is used in several end-use industries such as polymer & rubber, pharmaceuticals & cosmetics, building & construction, paints & coatings, and others. Moreover, the raw materials used in manufacturing metallic stearates are primarily stearic acid and metal compounds such as oxides, hydroxides, or carbonates. Stearic acid is a saturated fatty acid that is derived from animal or vegetable sources such as tallow, palm oil, or coconut oil.
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The metal compounds used in metallic stearates can vary depending on the specific application, but commonly used metals include zinc, calcium, magnesium, aluminum, and sodium. The manufacturing process typically involves reacting the stearic acid with the metal compound under controlled conditions of temperature, pressure, and pH. This results in the formation of a metal stearate salt, which is then separated from any unreacted materials or byproducts. The resulting metal stearate can be further processed or used as is for various industrial applications. Some of the leading companies involved in the manufacturing of metallic stearates are Baerlocher GmbH (Germany), Norac Additives (Norway), Faci Asia Pacific (Malaysia), Peter Greven GmbH & Co. KG (Germany), Valtris Specialty Chemicals (US), Sun Ace Kakoh (Japan), Dover Chemical Corporation (US), IRRH Specialty Chemicals (US), and others are covered in the specialty metallic stearates market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the metallic stearates market.
Dover Chemical Corporation (US) is a US-based company that specializes in the manufacture and distribution of specialty chemicals, including metallic stearates, plastic additives, and liquid and solid antioxidants. The company was founded in 1954 and is headquartered in Dover, Ohio. The company’s metallic stearate product line includes zinc stearate, calcium stearate, magnesium stearate, and aluminum stearate, which are used in a variety of industrial applications such as plastics, rubber, coatings, and pharmaceuticals. The company’s metallic stearates are known for their high quality and consistency, as well as their effectiveness as lubricants, release agents, and stabilizers. The company has a global presence and serves customers in North America, Europe, Asia, and South America.
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Baerlocher GmbH (Germany) is a German-based company that specializes in the production and distribution of metallic stearates, PVC stabilizers, and other additives used in the production of plastics, rubber, and coatings. The company was founded in 1823 and has since expanded to become a global leader in the chemical industry. Baerlocher’s metallic stearate product line includes calcium stearate, zinc stearate, and magnesium stearate, which are widely used as lubricants, release agents, and stabilizers in various industrial applications. The company has a strong focus on innovation and sustainability, and has implemented a range of initiatives to reduce its environmental impact and improve the sustainability of its products.
Valtris Specialty Chemicals (US) is a US-based company that produces a wide range of specialty chemicals, including metallic stearates, plasticizers, and flame retardants. The company was founded in 2014, and has since grown to become a leading supplier of additives used in the production of plastics, rubber, and coatings. Valtris’ metallic stearate product line includes zinc stearate, calcium stearate, and magnesium stearate, which are known for their high quality and consistency. The company has a global presence, serving customers in North America, Europe, and Asia.
By End-Use Industry, Polymer and rubber accounted for the largest share in 2022
Metallic stearates are widely used in polymer and rubber end-use industries as lubricants and release agents. They are added to rubber and polymer compounds to improve their processing characteristics, such as flow properties, mold release, and dispersion of fillers. Metallic stearates act as a barrier between the polymer or rubber and the mold, which prevents sticking and fouling of the molds, leading to improved efficiency and higher-quality end products. In addition to being used as lubricants and release agents, metallic stearates are also used as stabilizers in the production of polyvinyl chloride (PVC) products.
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Asia Pacific accounted for the largest share as well as the fastest-growing market for metallic stearates market in 2022
Asia Pacific accounts for the largest share in 2022, in this market. This is attributed to the rapidly expanding industrial sector, particularly in the areas of plastics, rubber, and construction, which are the major end-use industries for metallic stearates. Secondly, the region has a large and growing population, which is driving demand for consumer goods, including cosmetics and pharmaceuticals, which are other key end-use industries for metallic stearates. Additionally, many of the major metallic stearate manufacturers have operations in the region, attracted by the region’s lower labor costs and favorable regulatory environment. Finally, the region’s increasing urbanization and infrastructure development are driving demand for coatings, adhesives, and lubricants, which are other key applications for metallic stearates.
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