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Stearates Market to Garner USD 3701.2 Million by 2028 at 4.8% CAGR – Premium Report by The Market Reports

Stearates are salts or esters of stearic acid. Stearates have both hydrophilic and hydrophobic regions, allowing them to serve as surfactants, and are frequently produced during saponification processes, in which soaps are produced by treating fats with strong bases. Most commonly, the base used is sodium hydroxide or potassium hydroxide, which leads to the production of sodium or potassium stearates. Sodium stearate is found in many types of deodorants, rubbers, paints, and inks. Magnesium and calcium stearates are frequently used as an anti-adherent agent in pharmaceutical manufacturing. Zinc stearate is often referred to as a “zinc soap”, and has many important industrial uses.

Due to the COVID-19 pandemic, the global Stearates market size is estimated to be worth US$ 2793.7 million in 2022 and is forecast to a readjusted size of US$ 3701.2 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Zinc Stearate accounting for % of the Stearates global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Plastics segment is altered to an % CAGR throughout this forecast period.

The development of global stearate products is relatively mature and has a high degree of marketization. The main participating companies are international large-scale comprehensive chemical companies, such as Baerlocher, FACI SPA, Dover Chemical, CHNV Technology and Sun Ace Kakoh, etc. The output value share of the world’s top five manufacturers accounted for 23% of the total global scale.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-stearates-market-research-report

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Zinc Stearate
  • Calcium Stearate
  • Aluminum Stearate
  • Magnesium Stearate
  • Sodium Stearate
  • Barium Stearate
  • Lithium 12-Hydroxystearate
  • Others

Segment by Application

  • Plastics
  • Building & Construction
  • Grease
  • Rubber
  • Paper
  • Personal Care
  • Pharmaceuticals
  • Others

By Company

  • Baerlocher
  • Faci Spa
  • Dover Chemical
  • Chnv Technology
  • Sun Ace Kakoh
  • Belike Chemical
  • Pmc Biogenix
  • Anhui Shafeng
  • Tianjin Langhu
  • Linghu Xinwang Chemical
  • Peter Greven
  • Mittal Dhatu
  • Jiangxi Hongyuan
  • Valtris
  • James M. Brown
  • Hangzhou Oleochemicals
  • Evergreen Chemical
  • Seoul Fine Chemical

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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