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.
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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.
Lead Stearate Market Scope and Market Size:
Global 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.
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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.
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