NEW YORK, Aug. 13, 2019 /PRNewswire/ --
Metallic Stearate Market Size, Share & Trends Analysis
Report By Product (Zinc, Calcium, Aluminum), By Application
(Plastics, Rubber, Pharmaceutical, Cosmetics), And Segment
Forecasts, 2019 - 2025
Read the full report:
https://www.reportlinker.com/p05763748/?utm_source=PRN The global
metallic stearate market is expected to reach USD 4.84 billion by 2025 It is projected to
expand at a CAGR of 5.5% during the forecast period. Growing rubber
and plastics industry is projected to drive the product demand.
Thermoplastics such as polyethylene, polypropylene, polyvinyl
chloride, polystyrene, polyethylene terephthalate, expanded
polystyrene, ABS, SAN, polyamides, fluoropolymer, and polycarbonate
were the key contributors to the market growth.Primary applications
of plastics include films, sheet, plates, boxes, strip, foil, and
bottles.
Packaging, building and construction, automotive, electronic,
electrical, and consumer goods are the leading end-user industries
that consume plastics. As a result, the prolific increase in
plastics and plastic-based articles production is anticipated to
drive the metallic stearate market over the forecast period.
The strong presence of automotive manufactures in China, Japan,
and South Korea has boosted the
demand for synthetic rubber.China and South East Asian countries
appeared to be the major producers of synthetic rubber.
Prospective growth in the automotive industry has propelled the
demand for rubber in tire applications. A sizeable increase in
rubber production is anticipated to fuel the demand for metallic
stearates over the next few years.
Technological advancements are likely to continue driving the
market growth.Various types of techniques are used in metallic
stearate production.
Nanofilms of metallic stearates can be produced using
Langmuir?Blodgett (LB) techniques. The films are characterized by
X-Ray Diffraction technique. The conductive properties of films are
altered with environmental conditions; as a result, they can be
used as a humidity sensor
Rising health concerns, altering demographics and lifestyles,
favorable research studies, and innovative production techniques
are the factors projected to drive the market. Investments and
business expansions made by market participants to meet the
increasing product demand in Asia
Pacific and North America
are projected to offer substantial growth opportunities over the
next few years.
Further key findings from the report suggest: • In terms
of revenue, the zinc product is expected to expand at a CAGR of
5.5% over the forecast period • Plastics led the application
segment with a market share of over 30% in 2018 • Increasing
purchasing power parity and demand for cosmetics is projected to
drive the metallic stearate market over the forecast period • Some
of the key participants are Dover Chemical Corporation, Valtris
Specialty Chemicals, Peter Greven GmbH & Co. KG, Baerlocher
GmbH, Faci S.p.A, and Norac Additives.
Read the full report:
https://www.reportlinker.com/p05763748/?utm_source=PRN
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