Global Zinc Stearate Market Share Latest Advancements and Business Opportunities 2020 to 2027 | Dover Chemical, Baerlocher, Peter Greven, Valtris Specialty Chemicals, Norac Additives.
Research Reports
May 04, 2022
Overview:
Zinc stearate, usually known as zinc salt, has widespread use in various industrial applications owing to which the global Zinc Stearate Market is expecting a robust growth during the forecast period (2020-2027). Market Research Future (MRFR), in their report on the zinc stearate market, reveals its features such as water repellence, gelling capacity, stabilizing effect, foam inhibition, an acid scavenger, and melting point as chief stimulants behind its burgeoning popularity across industrial verticals. Among the other factors, its application in cosmetics, rubber production and as a color enhancer in plastic can be considered as the force behind the zinc stearate market. In the plastic industry, it is getting used as an acid scavenger, mold release agents, and lubricants. Its essential role lends a hand to the development of polyethylene, polypropylene, polystyrene, and polyvinyl.
However, the market growth can be hindered occasionally owing to the high price of the raw materials. Furthermore, health-related regulations and ill-balanced supply-demand curve are proving to be worthy obstacles for future market growth. But its application in several germane sections can steer away zinc stearate market from longtime debacles. Additionally, paper and pharmaceutical industries are now showing considerable demand for zinc stearate.
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Segmentation:
The global zinc stearate market can be segmented into application and end-use industry.
On the basis of the applications, the zinc stearate market is segmented into releasing agent, emulsifier, and thickening agent, and others.
Based on end-use industry, the global zinc stearate market can be segmented into rubber industry, plastic industry, paints & coatings, pharmaceutical, cosmetics, paper industry, and construction & others.
Regional Analysis:
Based on geography, the zinc stearate market includes Asia Pacific (APAC), Europe, Latin America (LATAM), North America, and the Middle East & Africa (MEA).
The APAC is providing the maximum thrust to the zinc stearate market. China and India, two market behemoths are opening up avenues for zinc stearate and furthering market growth. Other countries in the region such as Malaysia, South Korea, and Indonesia, along with the big-league players, are also showing a significant rise in demand. Various associated industries such as automotive, consumer electronics, packaging, aerospace, and construction are providing a tailwind to the zinc stearate market.
Europe’s growth solely depends on the developing infrastructure of the region and improving the economic condition of many countries. North America is also experiencing similar growth owing to the presence of several sectoral players. Zinc stearate’s well-balanced melting point has made it favorite across industries which can ensure zinc stearate market’s further proliferation across industries.
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Zinc Stearates Market
Continue…
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Competitive Insight:
Industries’ thrive on strategic implementations by various companies that create space for both new entrants and expands the operational horizon of existing companies. Tactical steps include mergers, acquisitions, collaborations, new product launches, and other methods. For instance, Peter Greven GmbH & Co. KG has recently acquired the additive division of the Norac to gain a substantial foothold in the U.S. Valtris Specialty Chemicals took over INEOS ChloroToluenes and INEOS Baleycourt for better product portfolio.
Prominent names making decisions to help in the expansion of the global zinc stearate market are Dover Chemical CorporationTerms (U.S.), Baerlocher GmbH (Germany), Faci Asia Pacific Pte Ltd (Italy), Peter Greven GmbH & Co. KG (Germany), Valtris Specialty Chemicals (South Africa), Norac Additives (U.S.), Nikunj Chemicals (India), Pratham Stearchem Pvt. Ltd (India), Linan Huali Plastic Co., Ltd. (China), Nimbasia (India), and others.
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