Global Metallic Stearates Market Report and Forecast 2024-2032

Global Metallic Stearates Market Outlook

The global metallic stearates market size reached nearly USD 4.16 billion in 2023. The market is projected to grow at a CAGR of 4.7% between 2024 and 2032 to reach a value of around USD 6.28 billion by 2032.

Key Trends in the Market

Metallic stearates refer to types of metal salts that have an 18-carbon chain fatty acid. These metal salts contain several metals such as aluminium, calcium, magnesium, and zinc, among others.

• Metallic stearates are used in the cosmetics and personal care sector to manufacture premium quality shampoos, eyeliners, lipsticks, sunscreens, and foot powders, among others. Hence, the thriving cosmetics sector, owing to the increasing hygiene consciousness and growing disposable incomes, is one of the key metallic stearates market trends.

• Due to their excellent lubrication and hydrophobic properties, metallic stearates are used in various pharmaceutical processes, including tablet pressing. Thus, growing research and development activities in the pharmaceutical sector owing to the increasing burden of chronic diseases are escalating the demand for metallic stearates.

• Metallic stearates control the viscosity and improve the surface properties of paints and coatings. In this regard, rapid urbanisation across emerging economies is propelling the incorporation of metallic stearates in the building and construction sector, thereby adding to the metallic stearates market growth.

Market Analysis

Based on product, the market is divided into calcium stearates, zinc stearates, aluminium stearates, lithium stearates, and magnesium stearates, among others. On the basis of form, the market is bifurcated into powder and granules.

By application, the metallic stearates market segmentation is divided into plastics, pharmaceuticals, cosmetics, rubber, and paints and coatings, among others. The major regional markets for metallic stearates include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global metallic stearates market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Akrochem Corporation

• Baerlocher GmbH

• Dover Chemical Corporation

• Faci S.p.A

• Peter Greven GmbH & Co. KG

• PMC Group, Inc.

• Promax Industries ApS

• Sinwon Chemical Co., Ltd.

• Valtris Specialty Chemicals Limited

• Others

Market Share by Type

Zinc stearates account for a significant portion of the metallic stearates market share. Zinc stearates are widely used in the industrial sector to produce plastic, rubber, concrete, and paint and coating, among other products. It is also extensively used in the pharmaceutical sector as a lubricant to manufacture tablets and capsules. Moreover, the heightening usage of zinc stearates as emulsifiers in cosmetics is further propelling the segment’s growth.

Market Share by Application

According to the metallic stearates market analysis, the rubber sector represents a substantial market share. The ability of metallic stearates to reduce the stickiness of rubber and enhance its quality is aiding the segment’s growth. The increasing demand for rubber in various sectors, such as automotive, construction, clothing, and healthcare, among others, is also escalating the market growth.

Furthermore, the versatility of rubber products is likely to further bolster their application across various end-use sectors, which, in turn, are expected to provide impetus to the metallic stearates market demand in the coming years.

Competitive Landscape

Akrochem Corporation is a leading chemical manufacturer which offers metallic stearates in different forms, catering to the demands of various sectors. It was founded in 1929 and is headquartered in Ohio, the United States.

Baerlocher GmbH is one of the leading suppliers of additives, metallic stearates, and PVC products. The company was established in 1823 and is headquartered in Maharashtra, India.

Dover Chemical Corporation is a leading chemical manufacturer offering products such as alkylphenols, chlorinated alkanes, and polymer additives, among others. It was established in 1950 and is headquartered in Ohio, the United States.

Other metallic stearates market players include Faci S.p.A, Peter Greven GmbH & Co. KG, PMC Group, Inc., Promax Industries ApS, Sinwon Chemical Co., Ltd., and Valtris Specialty Chemicals Limited, among others.

Key Highlights of the Report