Metallic Stearates Market to Reach US$ 3.5 Bn by 2030, TMR Study – QNT Press Release

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  • Growing adoption of metallic stearates in the construction industry propels growth in the global metallic stearates market

  • Increasing initiatives for scientific research leading to increase in the applications of metallic stearates in various end-use industries boost market growth

WILMINGTON, Del., Sept. 29, 2022 /PRNewswire/ — Products offered by the leading players in the global metallic stearates market are used as active ingredients in a diverse range of end-use industries, including paints, lubricants, construction materials, personal care products, cosmetics, and detergents, among others. Increasing adoption of metallic stearates in the industrial sector is anticipated to boost demand in the global metallic stearates market in coming years. As per a recent professional intelligence survey report, the global metallic stearates market is anticipated to rise at a CAGR of 5% during the forecast period of 2020 to 2030.

Growing demand for sodium stearatea versatile material utilized in personal care, food additives, and cosmetics sectors, is favoring expansion of the global metallic stearates market. Sodium stearate products are used as dispersantsstabilizers, viscosity modifiers, emulsifiers, gelling agents, and binders. Rising demand from pharmaceutical sector is expected to boost the expansion of the global metallic stearates market in near future.

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Metallic Stearates Market – Key Findings of the Report

  • Rising Demand for Zinc Stearates: Increasing demand for zinc stearates can be attributed to its increasing use as an acid scavenger for various processes in polyolefin industry. Furthermore, zinc stearates products in the global metallic stearates market are also used in paints and coatings industry as a matting agent. In plastics industry, zinc stearates are used as mold releasing agent, heat stabilizer, and slipping agent. Owing to these factors, the demand for zinc stearates is consistently growing over the past few years.
  • Increase in Demand for Magnesium Stearates: Owing to the properties such as optimum adhesion and lubrication, magnesium stearates are used in the pharmaceutical sector for lubricating pharmaceutical tablets and capsules. Additionally, it is also used for large-scale manufacturing for paints, cosmetics, and plastics. …

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