Stearic acid or stearate is a predominant saturated fat in the human diet. Stearates are the nutrients which represent a natural part of every type of fat, whether animal or vegetable, and are typically consumed in amounts of several thousand milligrams per day from common food sources. Stearates are used in several industries, as they exhibit properties such as good lubrication, foam inhibition, gelling capacity and water repellence.
MARKET DYNAMICS
The stearates market has witnessed significant growth due to the growing demand from pharmaceutical industry. Moreover, growing the throughput and facilitate the production of smoother and low friction surface provides a huge market opportunity for the key players operating in the stearates market. However, relatively higher prices are projected to hamper the overall growth of the stearates market in the forecast period.
MARKET SCOPE
The "Global Stearates Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the stearates market with detailed market segmentation product, end user, and geography. The global stearates market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading stearates market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global stearates market is segmented on the basis of product and end user. On the basis of product, the global stearates market is divided into calcium stearate, sodium stearate, zinc stearate, magnesium stearate, aluminium monostearate, and others. On the basis of end user, the global stearates market is divided into pharmaceutical, plastic & rubber processing, building & construction, paints & coatings, other end-users.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global stearates market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The stearates market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the stearates market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the stearates market in these regions.
MARKET PLAYERS
The reports cover key developments in the stearates market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from stearates market is anticipated to lucrative growth opportunities in the future with the rising demand for stearates in the global market. Below mentioned is the list of few companies engaged in the stearates market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the stearates market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- American eChem Inc.
- Baerlocher GmbH
- FACI S.p.A.
- Norac Additives Inc.
- Ferro Corporation
- Dover Chemical Corporation
- Peter Greven GmbH & Co. KG
- Mallinckrodt Pharmaceuticals
- PMC Biogenix, Inc.
- Sun Ace Kakoh (Pte.) Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.