Friday, 3 March 2017

Zinc Stearate Market Size, Share | Industry Trends Analysis Report, 2023

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Zinc Stearate Market. The study, titled Zinc Stearate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023, is available for sale on the firm’s website.

Zinc stearate is a chemical compound that has a fluffy, white powdered appearance and is a combination of zinc oxide and stearic acid. Zinc stearate does not have a strong odor, although traces of a slight fatty acid scent are not uncommon. Zinc stearate does not contain electrolyte and has a hydrophobic effect. Zinc stearate is also referred to as zinc salt or octadecanoic acid. Zinc stearate can dissolve in alcohol but not in water based solutions. The versatility of zinc stearate compound makes it applicable for concrete and plastic industries. In addition, zinc stearate is used in the paint industry where it is added to paint coatings and lacquers for use as a sanding and flatting agent. For concrete manufacturing, it is mixed as an additive for waterproofing concrete; this same process is also used to waterproof other products, such as, rockwools, textiles, and paper products.

Zinc stearate enhances the color when used in PVC and gives excellent lubricating performance. Zinc stearate should be used with calcium stabilizer when it is used in PVC. Furthermore, addition of an epoxy plasticizer will also assist in improving the heat stability. In personal care and cosmetics products, zinc stearate is used mainly in the formulation of products such as eyeshadow, eyeliner, lipsticks, mascara, face powders and foundations. Zinc stearate is also used in deodorants, fragrances and skin care products.

The growth in end-user industries is expected to increase the consumption of zinc stearate. The growth in PVC and rubber industry is expected to boost consumption of zinc stearate. In addition, rising demand for cosmetics from emerging economies of Asia Pacific is expected to further increase consumption of zinc stearate. However, health regulations and availability of substitutes could hamper the growth of this market. Zinc stearate is a chemical and used in many different types of products including cosmetics. Only smaller amounts are considered to be safe for humans. Chronic exposure to larger amount of zinc stearate can cause breathing issues, including acute pneumonitis.

Asia Pacific is expected to be the largest consumer of zinc stearate followed by North America and Europe. India and China are the major consumers of zinc stearate in Asia Pacific due to presence of established end-user industries such as rubber and paints & coatings. Bangladesh, Indonesia, Nepal, Philippines, Sri Lanka, Thailand, Australia and New Zealand are other major consumers of zinc stearate in Asia Pacific. North America and Europe are mature markets and expected to grow at a moderate rate.

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Some of the key players in this market are Linan Huali Plastic Co., Ltd.(China), Shaoyang Tiantang Additives Chemical Co., Ltd. (China), Jingjiang Concord Plastics Technology Co., Ltd.(China), Zhejiang Shengzhou Wanshida Chemical Co., Ltd.(China),Jingjiang Victory Plastics Material Factory (China), Jiangxi Hongyuan Chemical & Industrial Co., Ltd.(China), Shaoyang Tiantang Additives Chemical Co., Ltd. (China), Huzhou City Linghu Xinwang Chemical Co., Ltd. (China), Qingdao Wanlisheng Rubber Co., Ltd. (China), Nikunj Chemicals (India), Prakash Chemicals Pvt. Ltd. (India), Twib Chem Industries (India), Triveni Aromatics And Perfumery Private Limited (India), Pratham Stearchem Pvt. Ltd. (India), IRRH Specialty Chemicals India Limited (India), Vinzai Chemical Industries Pvt Ltd (India) and Krish Chemicals Private Limited (India) among others.

Companies are using strategic acquisitions and mergers to increase their market share and remain competitive in the market. This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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