Metallic Stearate Market Analysis

Metallic Stearate Market Analysis

Zinc stearate market is expected to cross over 6% gains in the projected timeframe. It is unsolvable in polar solvents including ether and alcohol but soluble in benzene and chlorinated hydrocarbons when heated. The product is widely utilized as a release agent for manufacturing rubber, powder metallurgy and polymers owing to its non-stick property. In cosmetic industry, it is used as thickening and lubricating agent used to improve texture of products hence propelling product demand.
 

Magnesium stearate industry size is anticipated to witness gains at over 3.5% by 2024. It is a white, water-insoluble powder in nature. The product is utilized owing to its softness, insolubility in several solvents, and low toxicity. It finds application in the production of pharmaceutical drugs and cosmetics products as a release agent and as a lubricant owing to its property of preventing elements from sticking to manufacturing apparatus.
 

Aluminium stearate market size from food applications will surpass USD 30 million during projected timeframe owing to changing consumer demand for organic food products. Global food flavouring market expects gains at over 5.5% in projected timeframe. Acceptance from FDA and GRAS for utilization of these stearates as direct food substance would further increase metallic stearate market share.
 

Calcium stearate market size from personal care & cosmetic application will witness 6% gains over the projected timeframe. Global organic cosmetic market was valued at over 13 billion in 2017 and is anticipated to grow at 6.5%. The product is used in cosmetic products including creams, lotions, ointments, and shampoos owing to its lubricating qualities. Shifting preference for organic face powders, eyeshadows, and lip colours would propel product demand.
 

Asia Pacific, driven by Japan, India and China metallic stearate market size, is projected to surpass USD 1.5 billion in the estimated timeframe owing to its growing application in construction industry for its hydrophobic agent in mortar and plasters. New opportunities in residential, industrial and commercial infrastructure will increase utilization of the product hence propelling its regional market growth.
 

North America, led by Mexico, Canada and U.S. metallic stearate market, may observe significant gains up to 4.5% by 2024. Increasing food innovations utilizing the product owing to consumer inclination for organic food product. Sugar free confectionery products are gaining popularity in the region owing to growing health concerns, rising obesity issues, and recent increase in diabetic population thus fueling regional product demand.
 

Europe, driven by Germany, UK, and France metallic stearate industry size, should witness significant gains of 5% over the projected timeframe. Presence of numerous cosmetics and personal care manufacturing companies in the region along with rising consumer preference for organic cosmetic products will drive the product demand. These products  are used in deodorants, bathing shower gels, along with oral care products thus increasing product demand.