Metallic Stearate Market from Cosmetic Industry Application to Garner $1 Billion By 2024
Category: #business  By Deepak Pardhi  Date: 2019-08-19
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Metallic Stearate Market from Cosmetic Industry Application to Garner $1 Billion By 2024

Metallic stearate market from cosmetic industry application should surpass USD 1 billion owing to its inherent characteristics of colour stability, binding ability, versatility, and thickening. The hydrophobic nature of the product helps powder form from absorbing water and thus from forming agglomerates. These products are used in lip colors, eyeliners, shampoos, sun protective lotions, ointments. Dosage used are relatively low ranging from 0.05 to 1%. These properties enhance shelf life of products which in turn should boost market growth.

Metallic stearate market from rubber industry would have significant gains up to 4.5 % in the projected timeframe. They are utilized as mold release agents, acid scavengers, and lubricants which enhances the surface of rubber product. Dry metallic stearates have usage as release agents for rubber, as they avoid it from sticking to mold which should propel industry size.

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The global metallic stearate market has been the recipient of several mergers and acquisitions lately, owing to the remarkable upsurge in the requirement of various metallic stearates. Companies partaking in this vertical, it has been observed, have now been looking forward to enhancing their regional reach by investing in capacity expansions as well. The overall growth of the metallic stearate industry however, can be aptly attributed to the rising product demand across the cosmetics, plastics & coatings, and food industries. In line with the surging product demand, companies have been adopting newer growth tactics to sustain in the competitive business space and consolidate their stance in the industry.

Metallic stearate market from polymer application is estimated to surpass USD 1.5 billion in 2024 owing to increasing demand from Asia-Pacific region, as it is a hub for polymers & rubbers processing industry. These products are used in fiberglass reinforced polyesters, polyolefin, polystyrene phenolic resins & compounds, and PVC. Growing polymer industry is expected to lead to an increase in metallic stearates demand.

Germany aluminum stearate industry should generate revenues up to USD 65 million by 2024. This growth in can be ascribed to presence of strict ecological protection policies accompanied by growing consumer awareness. Existence of major producers in region and their striding drive for product revolution would strengthen regional metallic stearate market growth.

In 2017, leading specialty chemical manufacturing company, Peter Greven disclosed its plan to extend its reach across U.S. with the acquisition of Norac Additives LLC. This acquisition will help the German oleochemical producer to strengthen its position in North America metallic stearate market pertaining to the value addition to its plastic additives and metallic soaps manufacturing portfolio. Reportedly, with the ever-increasing economic development and surge in the investment in healthcare infrastructure across U.S., this German company will gain commendable benefits ahead in metallic stearate market.

Browse key industry insights spread across 305 pages with 369 market data tables & 30 figures & charts from the report, “Metallic Stearate Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/metallic-stearate-market

Global metallic stearate market share is moderately fragmented and highly competitive with key manufacturers including PMC Biogenix, Baerlocher GmbH, Sinwon Chemical, Dover Corporation, Allan and Valtris Chemicals. Companies focus in expanding their marketing network by evolving strategic alliances through mergers & acquisition, partnership and joint ventures. Rising investment in R&D by manufacturers for product innovation also strengthens market penetrability.

 

Glimpse of Table of Content (ToC)

Chapter 3   ; Metallic stearate market Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013 – 2024

3.3    Industry ecosystem analysis

3.3.1    Distribution channel analysis

3.3.1.1    Collaborations/Partnerships

3.3.1.2    Distributors

3.4    Regulatory landscape

3.4.1    North America

3.4.1.1    FDA

3.4.2    Europe

3.4.2.1    Food contact regulations

3.4.2.2    EC Directives on packaging and packaging waste

3.4.3    China

3.4.3.1    NHFPC

3.5    Raw material analysis

3.6    Technology landscape

3.6.1    Precipitation (Double Decomposition) reaction

3.6.2    Direct reaction

3.6.3    Fusion process

3.6.4    AV process

3.7    Growth drivers

3.7.1.1    Asia Pacific: Increasing metallic stearate usage as an additive in rubber and food industry

3.7.1.2    Europe: Increasing metallic stearate usage in cosmetics and personal care products

3.7.2    Industry pitfalls & challenges

3.7.2.1    Early expiration of pharmaceutical drugs owing to improper blend of metallic stearates

3.8    Growth potential analysis, 2017

3.9    Emerging business model

3.9.1.1    New product launch

3.9.1.2    Acquisition

3.10    Porter’s analysis

3.11    Competitive landscape, 2017

3.12    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/metallic-stearate-market

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About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

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