Stearates Market:Global Industry Analysis,Trends and Forecast 2020
Global stearates market was valued at US$ 3.55 Bn in 2013 and is anticipated to reach US$ 4.99 Bn in 2020, expanding at a CAGR of 5.0% between 2014 and 2020.
Global stearates market was valued at US$ 3.55 Bn in 2013 and is anticipated to reach US$ 4.99 Bn in 2020, expanding at a CAGR of 5.0% between 2014 and 2020.
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Transparency <strong>Market</strong> Research<br />
<strong>Stearates</strong> <strong>Market</strong>- <strong>Global</strong> <strong>Industry</strong><br />
<strong>Analysis</strong>, Size, Share, Growth, <strong>Trends</strong><br />
<strong>and</strong> <strong>Forecast</strong> 2014 - <strong>2020</strong><br />
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REPORT DESCRIPTION<br />
According to the latest market study released by Transparency <strong>Market</strong> Research (TMR), which is on the global<br />
stearates market, the market is slated to display a CAGR of 5.0% from 2014 to <strong>2020</strong>. If the projected figure holds<br />
true, the market, which had a valuation of US$3.55 bn in 2013, will be valued at US$4.99 bn by <strong>2020</strong>. The research<br />
report is titled “<strong>Stearates</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong>, Size, Share, Growth, <strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> 2014 - <strong>2020</strong>”<br />
<strong>and</strong> provides an in-depth analysis of the stearates market in terms of both revenue <strong>and</strong> volume. The research report<br />
also includes current dem<strong>and</strong> analysis <strong>and</strong> forecast estimates for the various product segments <strong>and</strong> end users in<br />
Europe, Asia Pacific, North America, <strong>and</strong> Rest of the World.<br />
This 103 page report gives readers a comprehensive overview of the <strong>Stearates</strong> market. Browse through 27<br />
data tables <strong>and</strong> 27 figures to unlock the hidden opportunities in this market@<br />
http://www.transparencymarketresearch.com/global-stearates-market.html<br />
The report states that the market for stearates is mainly driven by the increasing dem<strong>and</strong> for additives in the plastic<br />
<strong>and</strong> rubber processing industry, combined with the increasing dem<strong>and</strong> for stearates in the construction sector. In<br />
addition, the use of stearates also lies as an acid scavenger in the processing <strong>and</strong> compounding of plastics. In the<br />
process, stearates increase throughput <strong>and</strong> enable the formation of clean <strong>and</strong> low-friction surfaces.<br />
In the coming years, increasing dem<strong>and</strong> for stearates from the personal care, pharmaceutical, <strong>and</strong> textile industries<br />
across the world will open newer opportunities for the stearates market, say analysts.However, price volatility of raw<br />
materials used in the manufacture of stearates, combined with strict regulations pertaining to the use of stearates<br />
due to environmental concerns, is slowing the growth of this market.<br />
The global market for stearates is divided on the basis of product type, application, <strong>and</strong> geography. By product type,<br />
calcium stearate, zinc stearate, aluminum monostearates, sodium stearate, magnesium stearate, <strong>and</strong> others<br />
(including lithium stearate, etc.) are the segments of the stearate market.By product type, sodium stearate was the<br />
largest product segment <strong>and</strong> held more than 25% of the overall market for stearates in 2013. Calcium stearate<br />
stood as the second largest product segment due to its excellent lubrication <strong>and</strong> releasing properties, which are<br />
suitable in plastic <strong>and</strong> rubber processing.
Get accurate market forecast <strong>and</strong> analysis on the <strong>Stearates</strong> market. Request a sample to stay abreast<br />
on the key trends impacting this market.@<br />
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4110<br />
However, magnesium stearate is expected to display the fastest growth in the global stearates market during the<br />
forecast period. In the pharmaceutical industry, magnesium stearate is used as a lubricant <strong>and</strong> process catalyst<br />
during the formulation of tablets <strong>and</strong> dietary supplements. In terms of dem<strong>and</strong> from end users, the plastic <strong>and</strong><br />
rubber processing industry has been registering the highest dem<strong>and</strong> for stearates over the past few years. This is<br />
mainly due to their use as an anti-tacking agent to maintain consistent movement of the substrate in rubber<br />
processing. In 2013, the building <strong>and</strong> construction sector registered the second largest dem<strong>and</strong> for stearates. Their<br />
use lies in functioning as a water repellant in cement <strong>and</strong> mortar <strong>and</strong> to offer hydrophobic properties to buildings.<br />
The stearates market is bifurcated into the following segments<br />
<strong>Stearates</strong> <strong>Market</strong> – Product Segment <strong>Analysis</strong><br />
• Calcium stearate<br />
• Sodium stearate<br />
• Zinc stearate<br />
• Magnesium stearate<br />
• Aluminum monostearate<br />
• Others (Including lithium stearate, etc.)<br />
Read More Reports On Chemical <strong>Market</strong> : http://www.transparencymarketresearch.com/chemical-market-reports-2.html<br />
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