Zinc Stearate Market Analysis to 2023 | Top 10 Companies, Industrial Growth, Size, Share, Opportunity, Booming Trends during Next 5 Years

“Zinc Stearate Market Analysis to 2023”
Over the last seven years, addressable growth has been noted in the global zinc stearate market and is anticipated to witness a prolific growth in the coming years. Some of the key factors driving the growth of this market are growing demand from countries.

Zinc Stearate Market Overview to 2023

Zinc Stearate is a chemical substance that has a white, fluffy, powdered appearance, and is formed from a combination of Stearic acid and zinc oxide. It is a water repellant solid usually known as zinc salt, which has numerous industrial applications. Zinc stearate exhibit sharp melting point, which makes it highly usable in industrial application as compared to other stearates. Other than that, zinc stearates possess a range of property such as lubricating properties, separating properties, water repellence, gelling capacity, stabilizing effect, foam inhibition, acid scavenger, and melting point. Its use as a releasing agent is considered as the most essential property, which is led to its higher adoption in industrial manufacturing.

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Intended Audience

  • Zinc Stearate manufacturers
  • Traders and Distributors of Zinc Stearate
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory 

Global Top 10 Key Players Analysis:

Some of the prominent players operating in the zinc stearate market are Dover Chemical Corporation Terms (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)and  Nimbasia (India).

Over the last seven years, addressable growth has been noted in the global zinc stearate market and is anticipated to witness a prolific growth in the coming years. Some of the key factors driving the growth of this market are growing demand from countries such as China and India, its use as a color enhancer in plastic enhancer, diverse range of applications in cosmetic, and dynamic rubber production. Growing industrial output in emerging economic such as India and China anticipated to provide fuel for the growth of this market, as the zinc stearate is used in the range of niche industrial applications. Specifically, emergence of china as a manufacturing hub considered as a game changer while uplifted the demand.

Moreover, dynamic plastic production and consequently need for color enhancer during the production are set to increase the usage of zinc stearate. Zinc stearate is used in a diverse range of application in order to enhance the appearance of product and it is likely to raise its demand.  Besides this, consistently growing rubber production driven by transportation growth is developing application scope for zinc stearate. Thus, the global market expected to grow productively in the coming years. On the other side, availability of substitute in the market and widening demand supply gap and health regulations are some of the factors acting as a growth barrier in this market. Increasing usage of zinc stearate in paper industry and pharmaceutical industry is projected to provide several growth opportunities in the coming years.

Regional Analysis:

The Asia Pacific is the most promising market regionally and has acquired largest shares as of 2016. Major growth drivers in this region are the vast production of zinc stearate due increasing export activities, the emergence of China as a global manufacturing hub, record tire production in the Asia Pacific as of 2016. China and India are the key economies in this region driving the demand for zinc stearate followed by Japan, Vietnam, and South Korea. Moreover, consistent rise in the population and therefore, widening consumer base are the other factors contributing significantly to the regional growth of the Asia Pacific market. 

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Zinc stearate is used in a diverse range of application in order to enhance the appearance of product and it is likely to raise its demand.  Besides this, consistently growing rubber production driven by transportation growth is developing application scope for zinc stearate. Thus, the global market expected to grow productively in the coming years. On the other side, availability of substitute in the market and widening demand supply gap and health regulations are some of the factors acting as a growth barrier in this market. Increasing usage of zinc stearate in paper industry and pharmaceutical industry is projected to provide several growth opportunities in the coming years.

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