Trends, opportunities and forecast in zinc stearate market to 2024 by application (plastics, rubber, concrete, paint and coating, personal care, pharmaceutical, and others), end use industry (construction, packaging, consumer goods, automotive, and others), function (release agent, thickening agent, emulsifiers, and other functions), and region (North America, Europe, Asia Pacific, and the Rest of the World). Zinc Stearate Market report by application, end use industry, function, and region. The market is expected to grow at a CAGR of 3.8% from 2019 to 2014
According to a new market report published by Lucintel, the future of the global zinc stearate market looks promising with opportunities in the construction, packaging, consumer goods, and automotive industries. The global zinc stearate market is expected to reach an estimated $1.1 billion by 2024 with a CAGR of 3.8% from 2019 to 2024.
The major drivers for this market are increasing demand for plastics and rubber in various end use industries and its property to reduce energy consumption during plastic and rubber processing.
Browse 116 market data tables and 134 figures spread through 210 pages and in-depth TOC on “Global Zinc Stearate Market"
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In this market, different types of zinc stearate such as plastics, rubber, concrete, paint and coating, personal care, pharmaceutical, and others are used as application.
On the basis of comprehensive research, Lucintel forecasts that plastics will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to growth in worldwide plastic production along with the increasing need for color enhancers.
Within the zinc stearate market, construction will remain the largest end use market by value and volume due to increasing building and construction activities in emerging nations and growing demand for non-toxic hydrophobic agents in concrete applications. The packaging segment is expected to witness the highest growth over the forecast period due to growth in the food packaging industry.
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Asia Pacific will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to continued growth in the automotive production and increasing building and construction activities specifically in China and India.
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An emerging trend that has a direct impact on the dynamics of the zinc stearate industry is the use of renewable raw materials for lubricants manufacturing. Dover Chemical, Faci, Baerlocher, Peter Greven, Valtris Specialty Chemicals, and Linan Hauli Plastic and others are among the major zinc stearate manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global zinc stearate market by application, end use industry, function, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Zinc Stearate Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global zinc stearate market by application, end use industry, function, and region as follows:
By End Use Industry [Volume (Kilotons) and $M shipment analysis from 2013 to 2024]:
- Consumer Goods
By Application [Volume (Kilotons) and $M shipment analysis from 2013 to 2024]:
- Paint and Coating
- Personal Care
- Other Applications
By Function [Volume (Kilotons) and $M shipment analysis from 2013 to 2024]:
- Release Agent
- Thickening Agent
- Other Functions
By Region [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
- North America
- Asia Pacific
- The Rest of the World
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This 210-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, or click on this link www.lucintel.com/zinc-st…arket.aspx
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