Zinc Stearate market research report: application (Thickening, release agent, emulsifier) end use (Rubber industry, plastic industry, paints & coatings, pharmaceutical, cosmetics, paper industry, construction & others) region- Forecast till 2023
Posted 1 year ago in Science and Technology.
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.
Global Key Players and Competition Analysis
Some of the prominent players operating in the 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)and Nimbasia (India)
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The global zinc stearate market is segmented based on application, end use industry, and region. Based on the applications, the market is classified into releasing agent, emulsifier, and thickening agent, and others. Market segmentation based on the end use industries includes rubber industry, plastic industry, paints & coatings, pharmaceutical, cosmetics, paper industry, and construction & others. Based on the region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
The Global Zinc Stearate Market Consists of Five Regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, the Asia Pacific region is the largest market in terms of value and volume as of 2016. The region has accounted for the largest global shares and it is likely to retain its dominance in the coming years due to potential growth represented by China and India. Increasing export activities in this region derives the production and consumption trend of zinc stearate.
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.
Browse the market data and information spread across 110 pages with 35 data tables and 12 figures of the report “Zinc Stearate Market research Report- Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/zinc-stearate-market-5198
January 08, 2018 Market Research Future published a Half-Cooked Research report on the Global Zinc Stearate Market, which is estimated to grow at Rapid Pace during the forecast period, 2017-2023.
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