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Market Leader - Metallic Stearates Market


The metallic stearates market is projected to reach USD 3.85 Billion by 2021, at a CAGR of 5.4% from 2016 to 2021. The growing demand for metallic stearates from end-use industries has led to significant developments in the metallic stearates market. Properties of metallic stearates such as water repellent, releasing agent & lubricant, activator for rubber vulcanization, make them an important process material, especially in polymers & rubbers. Major end-use industries of metallic stearates include polymers & rubbers, pharmaceuticals &cosmetics, building & construction, and paints & coatings, among others. Metallic stearates also find key applications in the pharmaceuticals & cosmetics industry wherein these are used in processes such as tablet manufacture, cosmetic products such as lotions, creams, and others. Magnesium and calcium stearates are the major types that are used in the pharmaceuticals & cosmetics industry due to their non-toxic nature. Other major types include zinc stearates, aluminum stearates, and others. Stearic acid, which is a type of fatty acid, is a major constituent in metallic stearates wherein these are used as lubricants, water repellents, and other agents, among others, by various end-use industries.

Major companies operating in the metallic stearates market include Baerlocher GmbH (Germany), Dover Chemical Corporation (U.S.), FACI S.p.A (Italy), Peter Greven GmbH & Co. KG (Germany), Sun Ace Kakoh (Pte.) Ltd. (Malaysia), and Valtris Specialty Chemicals, Inc. (U.S.), among others. All these companies have major strategic facilities in the Asia-Pacific, North American, and European regions, and are undertaking organic and inorganic expansion strategies to increase their market shares and penetrate emerging markets. The market also consists of a large number of unstructured regional markets with regional players catering to the local markets. These players with low production capacities are also focusing on the development of new grades that are certified by various regulatory authorities.

Substantial investments have been made towards expansions, agreements, and new product launches in the past few years by key companies such as Baerlocher GmbH (Germany), Dover Chemical Corporation (U.S.), FACI S.p.A (Italy), Peter Greven GmbH & Co., KG (Germany), Sun Ace Kakoh (Pte.) Ltd. (Malaysia), and Valtris Specialty Chemicals (U.S.), among others. Among these, Baerlocher GmbH (Germany) has adopted the highest number of strategies to grow in the metallic stearates market.  The company has been focusing upon capacity expansions through organic and inorganic growth strategies. It has a major focus on the Asia-Pacific market, where it has expanded its capacities in China in particular. Peter Greven GmbH & Co. KG (Germany) has started a new production facility in Penang (Malaysia) which is a strategic location in the context of the supply of fatty acids. In April 2014, Peter Greven GmbH, set-up a new, state-of-the-art production facility for metallic soaps in Venlo (Netherlands) with a special focus on pharmaceuticals, food, feed, and cosmetics industries for special applications.

Valtris Specialty Chemicals (U.S.) is another key market player that has a number of production facilities in major regions. The company acquired Akcros Holdings Limited, a specialty chemicals provider with operations in North America and Europe, in April 2016. FACI S.p.A (Italy) has been focusing on mergers and acquisitions as a part of its growth strategy, and has made key acquisitions in the North American and Asia-Pacific markets to increase its capacities and market presence in these regions.

Related Reports:

Metallic Stearates Market by Type (Zinc Stearate, Calcium Stearate, Magnesium Stearate, Aluminum Stearate), End-Use Industry (Polymers & Rubbers, Pharmaceuticals & Cosmetics, Building & Construction), and Region - Global Forecasts to 2021

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