Global Lead Stearate Market, By Type (Di-basic Lead Stearate-51% Lead, Normal Lead Stearate-28% Lead), Form (Submicron, Nano Powder), Application (Lubricants, Drier, Stabilizer, Mold Releasing Agent, Accelerant), End Users (Petroleum Industry, Ink, Oil and Paints, Electrical Industry, Plastic Industry, Rubber Industry), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Lead Stearate Market
Lead stearate market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 1.80% in the forecast period of 2021 to 2028 and is estimated to reach USD value of 150.80 million by 2028. The increase in use of lead stearate as chemical additive across the globe is escalating the growth of lead stearate market.
Lead stearate refers to a lead based compound having the molecular formula of Pb (C17H35COO)2 which is utilized as chemical additive. Other names of this compound are ‘Octadecanoic acid’, ‘Stearic Acid Lead Salt’, ‘lead octadecanoate’ and ‘Lead(II) Stearate’. The product is synthesized through various chemical processes such as metathesis method and requires lead acetate and stearic acid as raw materials during commercial production. It is used as heat stabilizer in numerous electronic applications and as high temperature lubricants in PVC processing.
The increase in demand for lead stearate from the PVC industry due to its use as stabilizers for PVC is one of the major factors driving the lead stearate market growth. PVC industry facilitates a chain of downstream industries including infrastructure, agriculture, housing, sanitation and others. The growing use of the lead stearate in the electronic industry and the expansion of the industry due to new product innovations, advancements and development of electronic products. Lead compounds are used as predominant stabilizer in wire and cable owning to its excellent electrical insulation properties and cost-effectiveness. The product is also utilized as drier in the oil and paint sector which accelerates its demand. Additionally, rapid urbanization, growth of various industries consuming lead stearate in their applications and rise in population globally also influences the lead stearate market. Furthermore, the multiple utilization of lead stearate and the emerging markets in the developing countries extend profitable opportunities to the market players in the forecast period of 2021 to 2018.
On the other hand, concerns with the toxicity of the natural compounds and the stringent government regulations and policies associated with the use of lead stearate are factors expected to obstruct the market growth. The initiatives by government and other end user industries for the development of non-lead stabilizer PVC compounds for insulated cables and wires are projected to challenge the lead stearate market in the forecast period of 2021-2028.
This lead stearate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on lead stearate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Lead Stearate Market Scope and Market Size
Lead stearate market is segmented on the basis of type, form, application and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the lead stearate market is segmented into di-basic lead stearate-51% lead and normal lead stearate-28% lead.
- On the basis of form, the lead stearate market is segmented into submicron and nano powder.
- On the basis of application, the lead stearate market is segmented into lubricants, drier, stabilizer, mold releasing agent and accelerant.
- On the basis of end users, the lead stearate market is segmented into petroleum industry, ink, oil and paints, electrical industry, plastic industry and rubber industry.
Global Lead Stearate Market Country Level Analysis
Lead stearate market is analyzed and market size, volume information is provided by country, type, form, application and end users as referenced above.
The countries covered in the lead stearate market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Latin America dominates the lead stearate market due to the high production of PVC products and presence of key players in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lead Stearate Market Share Analysis
Lead stearate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to lead stearate market.
The major players covered in the lead stearate market report are WSD Chemical limited, American Elements, Triveni Interchem Private Limited, aivitchem, Pratham Metchem LLP, POCL Enterprises Limited, Beijing Yunbang Biosciences Co.Ltd., Shristab Pvt. Ltd., Chongqing ChangFeng Chemical Co.,Ltd., Xiamen Hisunny Chemical Co., LTD, Qingdao Echemi Technology Co., Ltd., Hengshui Taocheng Chemical Auxiliary Co., Ltd., Hangzhou Oleochemicals Co., Ltd., Hunan Shaoyang Tiantang Auxiliaries Chemical, Co., Ltd, Asian Organo Industries, Sancheti Polymers, Zauba Technologies Pvt Ltd, Stabplastchemo., Nexus Polychem., Almstab, Vishal Pharmakem among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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