Stearates are salts or esters derived from natural fatty acids like palmitic acid and stearic acid. They find their usage in multiple industries such as plastic & rubber processing industry, where they serve as an important additive for the processing of the product. Stearates offer excellent stabilizing and anti-caking properties and help decrease the extruder pressure needed during the compounding of polyolefins and polyvinyl chloride. Stearates are used in the plastic processing industry as a partitioning and densifying agent. The last few years has seen the stearate demand pick up in the pharmaceutical and personal care industries. Sodium and calcium stearates have been the most consumed ones in recent times. Both these stearates improve the flowability, gelling properties and emulsification of animal feed materials.

Stearates are high in demand because the product possesses characteristics like foam inhibition, gelling capacity, good lubrication, and water repellence. Stearates’ water repellent nature has made them key ingredient in cement and mortar. Stearates demand is increasing in the building and construction industries and that has helped in driving the stearates market forward. Some of the players in the stearates market include FACI S.p.A., Norac Additives Inc., Ferro Corporation, Dover Chemical Corporation, and Mallinckrodt Pharmaceuticals.

The stearates market faces its own set of challenges. Stearic acid, which is one of the raw materials needed for stearate production is part of vegetable and animal oils as well as fats. These oils contain ingredients such as cocoa butter and shea butter. An increase in price of these products could cause a price rise in the stearates market as well.

The last four years have seen Asia Pacific emerging as the dominant market as far as stearate demand is concerned due to the expanding construction, plastic and paint industries, in this region. The demand is expected to pick up rapidly in this region during the forecast period. China, a hub for plastic manufacturing & rubber processing, has seen a greatest demand for stearates for the last 10 years and a greater demand for paints in China is likely to have a positive impact on the stearates market as well.

Stearates: Description

  • Stearates are esters or salts of natural fatty acids such as palmitic acid and stearic acid. Stearates are used in various industries, as they exhibit properties such as good lubrication, foam inhibition, gelling capacity and water repellence. Furthermore, stearates act as acid scavengers and release agents. Over the past few years, demand for stearates has been rising in industries such as pharmaceutical and personal care.
  • Sodium and calcium stearate have been the majorly consumed stearates over the past few years. The market for stearates is primarily driven by increasing demand for additives in the plastic & rubber processing industry.
  • Stearates are used in the plastic & rubber processing industry as these offer excellent lubricating, gelling, stabilizing, and anti-caking properties. They also reduce the extruder pressure required during the compounding of polyolefins and PVC. Furthermore, rise in demand for stearates in the building & construction industry is considered as the key driving factor for market growth. Stearates are added to cement and mortar as they enhance water repellent properties

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What are Key Growth Drivers of Global Stearates Market?

  • Plastic and rubber are two of the most widely used materials in day-to-day life. Processing & compounding is one of the essential methods to convert these materials into desirable sizes and shapes. Plastic materials such as Polyvinyl Chloride (PVC), Polyethylene (PE), and Polypropylene (PP) are processed into granules, fluids, sheets, and formed shapes or parts. Plastic and rubber materials contain a variety of additives that alter their properties and have influence on processability. Stearates are considered as one of the key additives required for the processing of plastics and rubber.
  • Stearates are used widely in the plastic and rubber processing industry as they offer excellent lubricating, gelling, stabilizing, and anti-caking properties. They also reduce the extruder pressure required during the compounding of polyolefins and PVC. Moreover, stearates act as a partitioning and densifying agent in the plastic processing industry. Metallic stearates are used as acid scavengers for plastic applications. They increase the throughput and facilitate the production of smoother and low friction surfaces..

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What are Key Challenges for Global Stearates Market?

  • Stearic acid is one of the major raw materials required for the production of stearates. Stearic acid is generally present in vegetable and animal oils and fats; however, it is abundant in animal fats as compared to vegetable oils. Vegetable oil and fat includes palm oil, cocoa butter, shea butter, and soy oil. Rising prices of fats and oils are driving the price hikes in stearates.
  • There have been wide fluctuations in the prices of vegetable and animal fats and oil in the recent past. Prices have been volatile and are anticipated to follow similar trends during the forecast period. Manufacturers are concerned about the profitability and viability of their business due to these variations in prices. Increase in raw material prices is directly affecting the prices of products. Various manufacturers have increased the prices of stearates in the recent past to recover profits. This puts added pressure on customers.  

Lucrative Opportunities for Players in Global Stearates Market

  • Stearates are gaining higher importance in the food industry due to the approval from the US FDA as ‘GRAS” and Food Chemical Codex. Demand for stearates such as magnesium and calcium stearates is rising in confectioneries such as candies and dragees.
  • Demand for stearates is increasing in the feed industry owing to the rise in animal feed consumption.
  • Sodium and calcium stearates enhance the gelling properties, flowability, and emulsification of animal feed materials. Furthermore, pharmaceutical is another end-user industry wherein the usage of stearates as an excipient has increased in the recent past.
  • Stearates are used as lubricant and flowability agents during the formulation of tablets and dietary supplements.
  • Magnesium and calcium stearates are primarily used in the pharmaceutical industry. Demand for stearate is anticipated to rise in the next few years, led by an increase in demand for pharmaceuticals.

Asia Pacific to Dominate Global Stearates Market

  • Asia Pacific dominated the demand for stearates in 2018, due to growing plastic, construction and paint industries. Countries such as China, Japan and India are expected to follow similar trend over the next few years. Demand for stearates in the region is anticipated to rise at a faster rate during the forecast period.
  •  China has been dominating the demand for stearates in Asia Pacific over the past decade. The country is considered a major manufacturing hub for plastic & rubber processing. Furthermore, rise in demand for paints & coatings is expected to drive stearates in China.

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Leading Players in Global Stearates Market

  • Companies such as
    • Baerlocher GmbH
    • FACI S.p.A.
    • Norac Additives Inc.
    • Ferro Corporation
    • Dover Chemical Corporation
    • Peter Greven GmbH & Co. KG
    • Mallinckrodt Pharmaceuticals
    • PMC Biogenix, Inc.
    • Sun Ace Kakoh (Pte.) Ltd. 
  • the major manufacturers in the stearates market. Most manufacturers in the industry offer calcium stearate, magnesium stearate and zinc stearate, among others.

Global Stearates Market – Scope of Report

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global stearates market to gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating a landscape for growth of the global stearates market. The study also identifies growth avenues for stakeholders. The report provides insightful information about how the global stearates market is likely to expand during the forecast period of 2019 to 2027.

The report offers intricate dynamics about different aspects of the global stearates market that aid companies operating in the market in making strategic decisions. TMR’s study also elaborates on significant changes that are highly anticipated to configure the growth of the personal care industry with respect to the global stearates market during the forecast period. It also includes a key indicator assessment to highlight growth prospects of the global stearates market and estimates statistics related to growth of the market in terms of volume (kilo tons) and value (US$ Mn).

This study covers a detailed segmentation of the global stearates market, along with key information and a competition landscape. The report mentions company profiles of key players operating in the global stearates market, wherein various developments and expansion, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions Answered in TMR’s Report on Global Stearates Market

The report provides detailed information about the global stearates market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth of the market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global stearates market that would help them design successful strategies and make target-driven decisions.

  • Which product segment of the global stearates market would emerge as a leading revenue generator during the forecast period?
  • What would be the Y-o-Y growth rate of the global stearates market between 2019 and 2027?
  • What are winning imperatives of frontrunners in the global stearates market?
  • Which end user segment is expected to generate maximum revenue in the global market for stearates during the forecast period?

Research Methodology – Global Stearates Market

The research methodology adopted by analysts for compiling the report on the global stearates market is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the global stearates market.

For primary research, analysts have interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global stearates market.

For secondary research, analysts have scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global stearates market.

Global Stearates Market – Segmentation

TMR’s research study segments the global stearates market in terms of type, application, and region. This report presents extensive market dynamics and growth trends associated with different segments and explains how they are influencing the growth of the global stearates market.

Product

Calcium stearate

Sodium stearate

Zinc stearate

Magnesium stearate

Aluminum monostearate

Others (including lithium stearate)

End User

Pharmaceutical

Plastic & rubber processing

Building & construction

Paints & coatings

Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Chapter 1 Preface

1.1 Research Description

1.2 Market Segmentation

      1.2.1 Global Stearates Market Segmentation, by Product Segment, End-User, and Region

1.3 Research Scope

      1.3.1 Assumptions

1.4 Research Methodology

      1.4.1 Abbreviations

      1.4.2 Currency Rates

Chapter 2 Executive Summary

2.1 Global Stearates Market, 2013–2020 (Kilo Tons) (US$ Mn)

Chapter 3 Stearates Market - Industry Analysis

3.1 Introduction

3.2 Value Chain Analysis

3.3 Market Drivers

      3.3.1 High Demand for Additives in Plastics & Rubber Industry

              3.3.1.1 Global Plastics Consumption, by End-user, 2013 (% Share)

              3.3.1.2 Global Plastic Additives Market, 2013-2020 (Million Tons) (US$ Bn)

      3.3.2 Rise in Demand for Stearates in Building & Construction Industry

              3.3.2.1 Global Building & Construction Market Revenue, 2013–2020 (US$ Bn)

3.4 Market Restraints

      3.4.1 Rising Raw Material Prices and Environmental Regulations and Lack of Consumer Awareness Associated With Stearates

              3.4.1.1 Raw Material Prices, Vegetable and Tallow Oil, (US$ Per Metric Ton)

3.5 Market Opportunities

      3.5.1 Increasing Demand from End-Users such as Pharmaceutical, Textiles, and Personal Care

              3.5.1.1 Global Personal Care Market Revenue, 2013–2020 (US$ Bn)

3.6 Porter’s Five Forces Analysis

      3.6.1 Bargaining Power of Suppliers

      3.6.2 Bargaining Power of Buyers

      3.6.3 Threat of New Entrants

      3.6.4 Threat from Substitutes

      3.6.5 Degree of Competition

3.7 Stearates: Market Attractiveness Analysis

      3.7.1 Global Stearates: Market Attractiveness Analysis

3.8 Stearates: Company Market Share Analysis

      3.8.1 Global Stearates: Company Market Share Analysis, 2013

Chapter 4 Stearates Market – Product Segment Analysis

4.1 Global Stearates Market: Product Segment Overview

      4.1.1 Global Stearates Market Volume Share, by Product Segment, 2013 & 2020

4.2 Calcium Stearate

      4.2.1 Global Calcium Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

4.3 Sodium Stearate

      4.3.1 Global Sodium Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

4.4 Zinc Stearate

      4.4.1 Global Zinc Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

4.5 Magnesium Stearate

      4.5.1 Global Magnesium Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

4.6 Aluminum Monostearate

      4.6.1 Global Aluminum Monostearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

4.7 Others

      4.7.1 Global Other Stearates Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

Chapter 5 Stearates Market – End-user Analysis

5.1 Global Stearates Market: End-user Overview

      5.1.1 Global Stearates Market Volume Share, by End-users, 2013 & 2020

5.2 Pharmaceutical

      5.2.1. Global Stearates Demand for Pharmaceutical, 2013 – 2020 (Kilo Tons) (US$ Mn)

      5.2.2 OTC

              5.2.2.1 Global Stearates Demand for OTC, 2013 – 2020 (Kilo Tons) (US$ Mn)

      5.2.3 Rx

              5.2.3.1 Global Stearates Demand for Rx, 2013 – 2020 (Kilo Tons) (US$ Mn)

5.3 Plastic & Rubber Processing

      5.3.1 Global Stearates Demand for Plastic & Rubber Processing, 2013 – 2020 (Kilo Tons) (US$ Mn)

5.4 Building & Construction

      5.4.1 Global Stearates Demand for Building & Construction, 2013 – 2020 (Kilo Tons) (US$ Mn)

5.5 Paints & Coatings

      5.5.1 Global Stearates Demand for Paints & Coatings, 2013 – 2020 (Kilo Tons) (US$ Mn)

5.6 Others

      5.6.1 Global Stearates Demand for Other End-users, 2013 – 2020 (Kilo Tons) (US$ Mn)

Chapter 6 Stearates Market - Regional Analysis

6.1 Global Stearates Market: Regional Overview

      6.1.1 Global Stearates Market Volume Share, by Region, 2013 & 2020

6.2 North America

      6.2.1 North America Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

      6.2.2 North America Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

      6.2.3 North America Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

      6.2.4 North America Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

      6.2.5 North America Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

      6.2.6 North America Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

6.3 Europe

      6.3.1 Europe Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

      6.3.2 Europe Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

      6.3.3 Europe Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

      6.3.4 Europe Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

      6.3.5 Europe Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

      6.3.6 Europe Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

6.4 Asia Pacific

      6.4.1 Asia Pacific Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

      6.4.2 Asia Pacific Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

      6.4.3 Asia Pacific Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

      6.4.4 Asia Pacific Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

      6.4.5 Asia Pacific Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

      6.4.6 Asia Pacific Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

6.5 Rest of the World (RoW)

      6.5.1 RoW Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

      6.5.2 RoW Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

      6.5.3 RoW Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

      6.5.4 RoW Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

      6.5.5 RoW Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

      6.5.6 RoW Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

Chapter 7 Company Profiles

7.1 American eChem Inc.

7.2 Baerlocher GmbH

7.3 Corporación Sierra Madre S.A. de C.V.

7.4 Dover Chemical Corporation

7.5 FACI S.p.A.

7.6 Ferro Corporation

7.7 Hummel Croton, Inc.

7.8 Mallinckrodt Pharmaceuticals

7.9 Mexichem S.A.B. de C.V.

7.10 Nitika Pharmaceutical Specialities Private Limited (Nitika Chemicals)

7.11 Norac Additives, Inc.

7.12 Peter Greven GmbH & Co. KG

7.13 PMC Biogenix, Inc.

7.14 Sun Ace Kakoh (Pte.) Ltd.

7.15 The HallStar Company

List of Tables

TABLE 1 Global Stearates Market Snapshot

TABLE 2 Drivers for Stearates Market: Impact Analysis

TABLE 3 Restraints For Stearates Market: Impact Analysis

TABLE 4 North America Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

TABLE 5 North America Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

TABLE 6 North America Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

TABLE 7 North America Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

TABLE 8 North America Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

TABLE 9 North America Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

TABLE 10 Europe Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

TABLE 11 Europe Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

TABLE 12 Europe Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

TABLE 13 Europe Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

TABLE 14 Europe Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

TABLE 15 Europe Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

TABLE 16 Asia Pacific Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

TABLE 17 Asia Pacific Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

TABLE 18 Asia Pacific Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

TABLE 19 Asia Pacific Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

TABLE 20 Asia Pacific Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

TABLE 21 Asia Pacific Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

TABLE 22 RoW Stearates Market Volume, by Product Segment, 2013 – 2020 (Kilo Tons)

TABLE 23 RoW Stearates Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)

TABLE 24 RoW Stearates Market Volume, by End-users, 2013 – 2020 (Kilo Tons)

TABLE 25 RoW Stearates Market Volume, by Pharmaceutical Sub-segments, 2013 – 2020 (Kilo Tons)

TABLE 26 RoW Stearates Market Revenue, by End-users, 2013 – 2020 (US$ Mn)

TABLE 27 RoW Stearates Market Revenue, by Pharmaceutical Sub-segments, 2013 – 2020 (US$ Mn)

List of Figures 

FIG. 1 Global Stearates Market Segmentation, by Product Segment, End-User, and Regionc FIG. 2 Global Stearates Market, 2013–2020 (Kilo Tons) (US$ Mn)

FIG. 3 Stearates: Value Chain Analysis

FIG. 4 Global Plastics Consumption, by End-user, 2013 (% Share)

FIG. 5 Global Plastic Additives Market, 2013-2020 (Million Tons) (US$ Bn)

FIG. 6 Global Building & Construction Market Revenue, 2013–2020 (US$ Bn)

FIG. 7 Raw Material Prices, Vegetable and Tallow Oil, (US$ Per Metric Ton)

FIG. 8 Global Personal Care Market Revenue, 2013–2020 (US$ Bn)

FIG. 9 Porter’s Five Forces Analysis

FIG. 10 Stearates: Market Attractiveness Analysis

FIG. 11 Global Stearates: Company Market Share Analysis, 2013

FIG. 12 Global Stearates Market Volume Share, by Product Segment, 2013 & 2020

FIG. 13 Global Calcium Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 14 Global Sodium Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 15 Global Zinc Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 16 Global Magnesium Stearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 17 Global Aluminum Monostearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 18 Global Other Stearates Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 19 Global Stearates Market Volume Share, by End-users, 2013 & 2020

FIG. 20 Global Stearates Demand for Pharmaceutical, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 21 Global Stearates Demand for OTC, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 22 Global Stearates Demand for Rx, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 23 Global Stearates Demand for Plastic & Rubber Processing, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 24 Global Stearates Demand for Building & Construction, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 25 Global Stearates Demand for Paints & Coatings, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 26 Global Stearates Demand for Other End-users, 2013 – 2020 (Kilo Tons) (US$ Mn)

FIG. 27 Global Stearates Market Volume Share, by Region, 2013 & 2020

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