Metallic Stearates Market

Metallic Stearates Market: Overview

• Metallic stearates consist of alkali and ammonia metals. Metallic stearates can be soluble or insoluble in water. Solubility of metallic stearates affects its functional use. These stearates are derived from natural acids such as palmitic acid and stearic acid. Metallic stearates possess various properties such as water repellence (from non-water-soluble salts), lubrication, gelling, foam inhibition, and separating and stabilizing. These properties propel the use of metallic stearates in various end-use applications.
• Rise in construction activities is expected to boost the demand for concrete, thereby driving the need of metallic stearates that are employed in construction products. In December 2018, the regulatory agency of the electrical sector of Brazil announced it had approved auctions, which involved construction, operation, and maintenance projects of 7,152 km of lines and substations, valued at around US$ 3.4 Bn in 13 states of the country.
• Construction activities in North America have also increased significantly in the past few years. According to the U.S. Census Bureau, the U.S. Government spent US$ 1,369.2 Bn in construction activities in January 2020, exhibiting an increment of 1.8% from US$ 1,345.5 Bn in December 2019
• In 2019, the U.S. Government spent US$ 977,366 Mn in private construction activities and US$ 328,669 Mn in public construction activities
• Asia Pacific was the prominent region of the global metallic stearates market in 2019. The metallic stearates market in the region is anticipated to expand at a CAGR of 4.5% between 2020 and 2030.

Demand for Sodium Stearates to Drive Metallic Stearates Market

• In terms of type, sodium stearates was the major segment with more than 20% share of the global metallic stearates market in 2019. It is estimated to continue its dominance between 2020 and 2030.
• Sodium stearate is an octadecanoic acid sodium salt that can be derived from either animal or vegetable sources. It is safe to handle and stored under normal conditions. Its powder form presents an explosive hazard, and should only be handled while wearing a respirator.
• Sodium stearate is a versatile material used as an emulsifier, dispersant, gelling agent, stabilizer, binder, and viscosity modifier. It is a major component of many soaps, cosmetics, and food additives.

Rise in Demand for Metallic Stearates in Powder Form

• In terms of form, powder was the leading segment with more than 40% share of the global metallic stearates market in 2019. It is projected to continue its dominance between 2020 and 2030.
• Powdered metallic stearates have high active surface area. They exhibit good dispersibility in final application. They also exhibit good compatibility with powder blends and have medium bulk density. Hydrophobic properties of metallic stearates prevent cosmetic products in powdered form from absorbing water and thus from forming agglomerates. Additionally, metallic stearates are used in shampoos, eyeliners, lipsticks, sun protective lotions, medicated ointments, body and foot powders, etc. Metallic stearates are added to these in relatively low dosages ranging from 0.05 to 1 %; however, significant volumes of metallic stearates are required for these applications in Europe alone.

Increase in Use of Metallic Stearates in Plastics & Rubber Application

• In terms of application, plastics & rubbers was the dominant segment with more than 40% share of the global metallic stearates market in 2019. It is likely to continue its dominance between 2020 and 2030. Metallic stearates that have been used primarily as acid scavengers, lubricants and release agents by the plastics industry are gaining prominence in melt processing. Besides optimizing production, metallic stearates enable the processor to produce finished articles with smoother surfaces and lower friction.
• Metallic stearates provide some unique properties that make them ideal rubber release agents. The combination of lubricity, hydrophobicity, and melt point allows these materials to be used in rubber applications.

Asia Pacific to Lead Metallic Stearates Market

• In terms of volume, Asia Pacific constituted a prominent share of the global metallic stearates market in 2019
• The metallic stearates market in Asia Pacific is estimated to continue to expand at a rapid pace during the forecast period
• Metallic stearates are commonly added to foods, pharmaceuticals, and cosmetics. Their primary purpose is to act as lubricants in medications and vitamins. Lubricating and release properties of metallic stearates are used during dragée preparation and tablet pressing. Furthermore, their gelation capacities assist in production of ointments and creams.
• The pharmaceutical industry has been expanding significantly across the world. This is estimated to propel the demand for metallic stearates during the forecast period.

Metallic Stearates Market: Competition Landscape

• Manufacturers are focusing on expanding their production capacities in order to meet the demand for metallic stearates in various end-use industries in developed and developing countries
• Key players operating in the global metallic stearates market are
  • Mallinckrodt plc
  • Baerlocher GmbH
  • HIMSTAB LLC
  • Dover Chemical Corporation
  • Faci SpA
  • Peter Greven GmbH & Co. KG
  • Sun Ace Corporation
  • Valtris Specialty Chemicals
  • PMC Group, Inc.
  • James M. Brown Ltd.
  • Synergy Poly Additives Pvt. Ltd.
  • Goldstab Organics Pvt. Ltd.
  • BELIKE Chemical
  • Nimbasia Stabilizers
  • IRRH Specialty Chemicals Co., Ltd.