Stearates Market Size, segmentation, growth and forecast 2023-2030
Stearates Market
The Stearates Market is expected to grow from USD 2.50 Billion in 2022 to USD 3.50 Billion by 2030, at a CAGR of 4.81% during the forecast period.
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Stearates Market Size
Stearates are salts or esters of stearic acid, an essential saturated fatty acid found in many animal and vegetable fats. The global stearates market is segmented by type, including zinc stearate, calcium stearate, aluminum stearate, magnesium stearate, sodium stearate, barium stearate, lithium 12-hydroxystearate, and others. Applications for stearates include plastics, building and construction, grease, rubber, paper, personal care, pharmaceuticals, and others. Regionally, the market covers North America, Asia Pacific, Middle East, Africa, Australia, and Europe. Key market players include Baerlocher, FACI SPA, Dover Chemical, CHNV Technology, Sun Ace Kakoh, BELIKE Chemical, PMC Biogenix, Anhui Shafeng, Tianjin Langhu, Linghu Xinwang Chemical, Peter Greven, Mittal Dhatu, Jiangxi Hongyuan, Valtris, James M. Brown, Hangzhou Oleochemicals, Evergreen Chemical, and Seoul Fine Chemical. Regulatory and legal factors specific to the market conditions are also important considerations.