STEARATE MARKET – Size, GROWTH, TRENDS, COVID-19 IMPACT & FORECASTS (2020 – 2027) | American eChem Inc., Baerlocher GmbH, Corporation Sierra Madre S.A. de C.V., Dover Chemical Corporation, FACI S.p.A.

Stearates Market

                      Stearates



Stearates are natural fatty acid esters or salts like palmitic acid and stearic acid. Stearates are utilised in a variety of sectors because of their lubricating, foam-inhibiting, gelling, and water-repellent characteristics. Stearates also serve as acid scavengers and release agents. Stearate demand has increased in recent years in areas such as pharmaceuticals and personal care.


The expansion of the metallic stearates market is likely to be influenced by increased demand from the plastics industry. In accordance with this, the increase in demand in cosmetics and pharmaceutical applications, as well as the rise in utilisation in the rubber sector, are expected to be major factors influencing the expansion of the metallic stearates market from 2021 to 2028. The rise in product demand for refining surface textures of plastic products, as well as the usage of metallic stearates as mould release agents in the rubber sector, are likely to boost the market's growth. The widespread use of metallic stearates as a result of further research and scientific studies is a significant driver driving market expansion.


Over the last few years, sodium and calcium stearate have been the most popular stearates. The growing need for additives in the plastic and rubber processing industries is driving the market for stearates.


The plastic and rubber processing industries employ stearates because they have good lubricating, gelling, stabilising, and anti-caking characteristics. They also lower the extruder pressure necessary for polyolefin and PVC compounding. Furthermore, the rise in demand for stearates in the building and construction sector is expected to be a major driver of market expansion. Stearates are added to cement and mortar to improve their water repellency.


Metallic stearates have changed in terms of the number of grades custom-made for specific application requirements during the last few decades. For a specific purpose, a variety of metallic stearates are available. This allows end users of metallic stearates to have more alternatives, allowing them to choose specific grades to fit their needs.


The major players operating in the global stearates market includes American eChem Inc., Baerlocher GmbH, Corporation Sierra Madre S.A. de C.V., Dover Chemical Corporation, FACI S.p.A., Ferro Corporation, Hummel Croton, Inc., Mallinckrodt Pharmaceuticals, Mexichem S.A.B. de C.V. and Nitika Pharmaceutical Specialties Private Limited (Nikita Chemicals)

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