Market Overview:
The global stearic acid metal salt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for stearic acid metal salt from various end-use industries, such as hospitals and clinics, biosafety laboratories, drug production workshops, and others. In addition, the growing awareness about the benefits of using stearic acid metal salt is also contributing to the growth of this market.
Product Definition:
Stearic acid metal salt is a type of stearic acid. It is a white or yellowish waxy solid that is insoluble in water. It is used as an emulsifier and thickener.
Portable Type:
Portable type is a technology that enables the production of stearic acid metal salt (SAMS) from vegetable oils and animal fats. Vegetable oil sources include soybean, rapeseed, palm kernel and sunflower. Animal fat sources include beef tallow, pork lard and poultry fat. SAms is used as feed for cattle to increase their weight gain rate by 10% to 15%.
Stationary Type:
Stationary type is a process used to produce fatty acids from vegetable oils. It involves the use of catalysts and heat as a catalyst for the desired transformation. The most commonly used catalysts are metal oxides such as alumina, silica, and titania among others.
Application Insights:
The market is segmented by application into hospital and clinic, biosafety laboratory, drug production workshop and others. The other applications include food processing industry, chemical synthesis industry and textile manufacturing. In 2017, the drug production segment dominated the global stearic acid metal salt market with a share of over 40% in terms of revenue. This high share is attributable to increasing demand for stearic acid from various industries such as pharmaceuticals which use it as an additive in tablets or capsules for better taste or appearance.
Stearic acid also finds several uses in personal care products such as soap where it acts as a lubricant to enhance skin¢â‚¬â„¢s ability to retain moisture thus improving skin's softness & smoothness which further boosts its demand globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to various factors such as increasing healthcare spending, rising awareness about biosafety, and growing manufacturing sector in emerging economies including China, India, Thailand & Singapore. Moreover, increasing demand for personal care products is also anticipated to propel industry expansion over the coming years.
Europe accounted for a significant share of global revenue in 2017 owing to high product demand from end-use industries including metal salt production workshop (chemicals), hospital and clinic (antibiotics), drug production workshop (pharmaceuticals) & other sectors across Germany, U.K.
Growth Factors:
- Increasing demand for stearic acid metal salt in the personal care industry as a surfactant and emulsifier is expected to drive the market growth.
- Rising demand for stearic acid metal salt from the food and beverage industry as an emulsifier, stabilizer, and thickener is anticipated to fuel market growth.
- Growing use of stearic acid metal salt in pharmaceuticals due to its properties such as lubrication, solubility, and stability is projected to boost market growth over the forecast period.
- Increasing application of stearic acid metal salt in cosmetics owing to its moisturizing properties is likely to propel market expansion during the forecast period. 5) Growing popularity of natural ingredients-based cosmetics products is expected to create lucrative opportunities for players operating in this market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Stearic Acid Metal Salt Market Research Report
By Type
Portable Type, Stationary Type
By Application
Hospital and Clinic, Biosafety Laboratory, Drug Production Workshop, Other
By Companies
UVD Robots, OmaMedical, Xenex, Blue Ocean Robotics, Tru-D, Clorox, Meditek, ROCKUBOT, Finsen Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Stearic Acid Metal Salt Market Report Segments:
The global Stearic Acid Metal Salt market is segmented on the basis of:
Types
Portable Type, Stationary Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital and Clinic, Biosafety Laboratory, Drug Production Workshop, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UVD Robots
- OmaMedical
- Xenex
- Blue Ocean Robotics
- Tru-D
- Clorox
- Meditek
- ROCKUBOT
- Finsen Technologies
Highlights of The Stearic Acid Metal Salt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Type
- Stationary Type
- By Application:
- Hospital and Clinic
- Biosafety Laboratory
- Drug Production Workshop
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stearic Acid Metal Salt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stearic acid metal salt is a type of salt that contains stearic acid and one or more metals. It is used to make products such as soaps, shampoos, and cosmetics.
Some of the key players operating in the stearic acid metal salt market are UVD Robots, OmaMedical, Xenex, Blue Ocean Robotics, Tru-D, Clorox, Meditek, ROCKUBOT, Finsen Technologies.
The stearic acid metal salt market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stearic Acid Metal Salt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stearic Acid Metal Salt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stearic Acid Metal Salt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stearic Acid Metal Salt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stearic Acid Metal Salt Market Size & Forecast, 2020-2028
4.5.1 Stearic Acid Metal Salt Market Size and Y-o-Y Growth
4.5.2 Stearic Acid Metal Salt Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable Type
5.2.2 Stationary Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital and Clinic
6.2.2 Biosafety Laboratory
6.2.3 Drug Production Workshop
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stearic Acid Metal Salt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stearic Acid Metal Salt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable Type
9.6.2 Stationary Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital and Clinic
9.10.2 Biosafety Laboratory
9.10.3 Drug Production Workshop
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable Type
10.6.2 Stationary Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital and Clinic
10.10.2 Biosafety Laboratory
10.10.3 Drug Production Workshop
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable Type
11.6.2 Stationary Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital and Clinic
11.10.2 Biosafety Laboratory
11.10.3 Drug Production Workshop
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable Type
12.6.2 Stationary Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital and Clinic
12.10.2 Biosafety Laboratory
12.10.3 Drug Production Workshop
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable Type
13.6.2 Stationary Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital and Clinic
13.10.2 Biosafety Laboratory
13.10.3 Drug Production Workshop
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stearic Acid Metal Salt Market: Competitive Dashboard
14.2 Global Stearic Acid Metal Salt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UVD Robots
14.3.2 OmaMedical
14.3.3 Xenex
14.3.4 Blue Ocean Robotics
14.3.5 Tru-D
14.3.6 Clorox
14.3.7 Meditek
14.3.8 ROCKUBOT
14.3.9 Finsen Technologies
