Calcium Stearate Market – Forecasts and Opportunity Assessment by Technavio

LONDON–(BUSINESS WIRE)–#MetalsandMinerals–According to the latest market study released by Technavio,
the global
calcium stearate market is expected to grow at a CAGR of more than
5% during the forecast period.

This research report titled ‘Global
Calcium Stearate Market 2017-2021’ provides an in-depth analysis of
the market in terms of revenue and emerging market trends. This market
research report also includes up to date analysis and forecasts for
various market segments and all geographical regions.

The global calcium stearate market is expected to grow at a steady pace
during the forecast period. The increased adoption of calcium stearate
over lead stearate because of its non-toxic property is one of the major
reasons for its growth. Calcium stearate has a wide range of
applications in various industries. The growth of plastics and rubber
industry especially in emerging economies such as China and India drives
the market growth of calcium stearate. The efficiency of calcium
stearate to act as a stabilizer, emulsifier, plasticizer, surfactant,
lubricating agent, release agent, and as an anti-caking agent in various
industries is the key feature of the product and one of the reasons for
its increasing acceptance and popularity.

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Technavio’s chemicals
and materials research analysts categorize the global calcium
stearate market into the following segments by end-user. They are:

• Plastic and rubber
• Construction
• Personal care and pharmaceutical
• Paper
• Food and others

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The top three revenue-generating end-user segments of the global calcium
stearate market are discussed below:

Plastic and rubber

In the plastic industry, calcium stearate is used in the production of
polyvinyl chloride (PVC), high-density polyethylene (HDPE), and
polypropylene (PP). Calcium stearate, in the manufacturing process of
plastic, acts as a lubricating agent, acid scavenger, heat stabilizer,
and releasing agent.

According to Ajay Adhikari, a lead metals
and minerals research analyst from Technavio, “The automotive
industry is one of the extensive users of plastics. The global
automotive industry will grow at a rapid pace due to the shift toward
lightweight and fuel-efficient automobiles. In addition, plastics are
widely used in electrical and electronic components. Further, a huge
share of plastics is used in the packaging industry that is growing
rapidly.”

Construction

The global calcium stearate market capitalizing on the growth of the
global construction industry has immense scope for growth. The growing
population and the increased expenditure by consumers are the primary
drivers of the construction industry.

“The fast-paced urbanization and industrialization, and the growing
construction industry, especially in the APAC region, are expected to
enhance the demand for calcium stearate in the coming years. Stimulated
by globalization and urbanization, the renewal of infrastructures and
the needs for developing smart facilities and buildings in emerging
markets are expected to double within a decade accounting for 55% of
global construction output; this will fuel the global calcium stearate
market,” adds Ajay.

Personal care and pharmaceuticals

The pharmaceutical and personal care industry is expanding and is
expected to grow at a considerable pace over the forecast period due to
increased use of cosmetics and personal care products. The rise in
worldwide population is driving the demand for calcium stearate in the
pharmaceutical industry. The business expansion of pharmaceutical
companies worldwide signifies the growth of this industry

The top vendors highlighted by Technavio’s research analysts in this
report are:

• FACI
• Mittal Dhatu Rashayan Udyog
• SEOUL FINE CHEMICAL
• Sigma-Aldrich

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