Acumen Research and Consulting Metallic Stearate Market Size to Exceed US$ 5.21 B | Page 3

As far as volume and sales were concerned, plastics became in 2018 the largest application segment. Metal stearates are mainly used by the plastics industry as lubricants, acid scavengers and discharge agents. In the melting process, it also plays a vital role. Its use enables manufacturers to make products with smoother surfaces and reduced fricción more efficient. The second largest segment of applications was Rubber. Metal stearates provide the ideal properties for rubber releases. The transmission molding, molding and extrusion processes are some of the processes used for the product. Major market players, such as Goodyear Tire & Rubber and Bridgestone, use metal stearate rubber tires during production. Metal stearates are mainly used in the formulation of makeup articles such as eyeshadows, eyeliners, lipsticks, mascaras, facial puffers, blushers and foundations for cosmetics and personal care products. They are also applied in deodorants, fragrances, products for hair and skin care. The product is also used in shampoos, solar shielding lotions, medicated ointments, foot and body powders, etc. Asia Pacific Is Expected To Exhibit the Highest Growth Followed By North America Metallic Stearate Market Geographically, the global Metallic Stearate market has been divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Asia Pacific emerged as the largest regional market in 2018. The second largest regional market has emerged in North America. The demand for products from countries including the US and Canada was fueling by high demand from the cosmetic and pharmaceutical industries. Increased R&D activities on metallic stearates are anticipated in future years to fuel regional product demand for the development of efficient commodity applications in commercial sectors. Explore Our Market Blog@ https://www.acumenresearchandconsulting.com/blogs Would like to place an order or any question, please feel free to contact at [email protected] | [phone]