London, 15 May 2015 – Technavio has published a new industry report on the global calcium stearate market, which is expected to grow at a CAGR of almost 5% from 2015-2019.
Calcium Stearate: About the Report
Calcium stearate, a nontoxic and nonirritant carboxylate of calcium, is one of the most commonly used metallic stearates in industrial and commercial applications. The growth of the global plastics industry is expected to have a direct impact on the global calcium stearate market over the projected period.
“Calcium stearate is used extensively in plastics manufacturing, and vendors in the market are capitalizing on this growth,” says Faisal Ghaus, Vice President of Technavio.
“It is expected that the global markets for PP, PVC and PE will grow over the forecast period, thus boosting the calcium stearate market significantly.”
“The major producers and consumers of PVC in developing countries are expected to gradually shift towards lead stearate alternatives like calcium stearate, thus contributing to global calcium stearate consumption,” says Ghaus.
Calcium Stearate: Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the global calcium stearate market from 2015-2019. To calculate the market size, we considered the revenue generated through sales of calcium stearate for various commercial and industrial applications.
Key Information Covered in the Report:
Key Vendors:
- BELIKE Chemical Co. Ltd
- Faci SpA
- Kali Chem Industries
- Seoul Fine Chemical Ind. Co. Ltd.
Market Growth Drivers:
- Growth of global plastics industry
- For a full detailed list, view our report.
Market Challenges:
- Increase in demand for magnesium stearate
- For a full detailed list, view our report.
Market Trends:
- Increased replacement of lead stearate
- For a full detailed list, view our report.
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