Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Metallic Stearates Overview
Metallic stearates are the salt of metal with long carbon fatty acid chain known as octadecanoic acid. Generally they are produced by the reaction of steric acid and metal halides, metal sulfate, metal oxide and others. They possess a chemically stable hydrocarbon chain and offers hydrophobic nature. They comprise of several properties such as water repellence, separating property, stabilizing effect, gelling capacity, foam inhibition and lubricating property. Metallic stearates classified into are aluminum, calcium, zinc, and magnesium. It has a wide application in pharmaceuticals, plastics, rubber, cosmetics, coatings, building & construction, and others.
Market Size and Forecast
The global metallic stearates market is expected to grow at a CAGR of 6.1% during the forecast period of 2017-2027. Rising demand of the PVC and other polymer as process material in several fields is anticipated to drive the growth of metallic stearates market. Further, the favorable government regulations and policies are expected to expand the global metallic stearates market.
Globally, Asia Pacific is expected to grow at the highest CAGR over the forecast period. Rising population and improving economic condition in this region is expected to positively impact the growth of metallic stearates market. Continuous growing demand of the metallic stearates at the end user such as pharmaceuticals & cosmetics polymers & rubbers, building & construction, and paints & coatings, building & construction is anticipated to foster the global market.CLICK TO DOWNLOAD FREE SAMPLE
Further, North America is expected to contribute to the growth of the metallic stearates market over the forecast period. It has several applications in rubber & plastic, cosmetics & pharmaceutical which are expected to showcase significant rise metallic stearates market in the upcoming year.
The metallic stearates market has been segmented into calcium stearates, zinc stearate, magnesium stearates, and aluminum stearates. Further, calcium stearates accounted for the largest market share in overall metallic stearates market in 2016.
Market Segmentation
Our in-depth analysis has segmented metallic stearates Market into the following segments:
By Type
By End User
By Region
Metallic Stearates Market is further classified on the basis of region as follows:
Growth Drivers and Challenges
Increasing usage of the metallic stearate in the manufacturing of the plastic & rubber and also growing demand from the pharmaceutical, cosmetics and aerospace is expected to drive the growth of the metallic stearate market during the forecast period. Metal stearate is used as anti-caking agent in building & construction. Rapid urbanization and continuous growth of building and construction sector is also envisioned to foster the growth of the metallic stearate market in near future. Moreover, rising awareness related to benefits associated with the product made up of metallic stearate among the population is anticipated to positively impact the growth of the metallic stearate market during the forecast period. Further, government initiatives and policies towards the metallic stearate products are also anticipated to garner growth of the metallic stearate market during the forecast period.
However, cost of the metallic stearate product is expected to dampen the growth of the metallic stearate market over the forecast period.
Key Players
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global metallic stearate market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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