Stearates Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

Transparency Market

Research

Stearates Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2014 – 2020

Published Date

24-02-2015

103 Page Report

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Press Release

Stearates Market is Expected to Reach US$ 4.99 Bn in 2020

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Stearates Market

REPORT DESCRIPTION

Transparency Market Research has published a new report titled “Stearates Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the 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.

The market for stearates is driven by factors such as high demand for additives in the plastic & rubber

processing industry coupled with rising demand for stearates in the building & construction industry.

Stearates are used as lubricating, releasing and anti-caking agents in plastic processing. Stearates are also

used as acid scavengers in plastic processing and compounding. They increase throughput and facilitate

the formation of smoother and low friction surfaces. Increasing demand for stearates in pharmaceutical,

personal care and textile industries across the globe is estimated to offer higher opportunities for market

growth over the next few years. However, volatility in prices of raw materials coupled with strict

environmental regulations is projected to hamper market growth in the near future.

Browse full Stearates Market report at : http://www.transparencymarketresearch.com/globalstearates-market.html

Sodium stearate was the largest product segment, accounting for over 25% of the global demand for

stearates in 2013. Calcium stearate constituted the second-largest market share of the global...