DUBLIN, June 4, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tngk48/global_calcium) has announced the addition of the "Global Calcium Stearate Market 2015-2019" report to their offering.
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The global calcium stearate market to grow at a CAGR of 5.14% over the period 2014-2019
Calcium stearate, one of the most commonly used metallic stearate for industrial and commercial applications, is a nontoxic and non-irritating carboxylate of calcium. It is commercially produced by the reaction of stearic acid with calcium oxide. It is sold in the form of a white waxy powder. Although calcium stearate has numerous applications, most of it is used as a lubricant in the plastic and rubber industries during the production of PVC, HDPE, and PP; and as an anti-caking agent in rubber processing. Calcium stearate is listed as "generally regarded as safe" in the FDA database, and is used in the production of oral drug formulations and candies in the pharmaceutical and food industries. Apart from the aforementioned uses, calcium stearate also finds usage in the construction, personal care, and paper industries.
Increased application of calcium stearate in rubber industry is one of the key trends upcoming in the market. These stearates, including zinc, calcium, and magnesium, have been used to prevent coagulation in uncured rubber, as well as to release the final product from the molds in cured rubber processing.
According to the report, growth of global plastics industry is one of the key drivers of this market. As calcium stearate is used extensively in plastics manufacturing, vendors in the calcium stearate market have benefitted from this growth. In this industry, calcium stearate is used as a lubricant in PVC resin production, and as a neutralizer, color stabilizer, and deagglomerator in various PP and PE applications.
Further, the report states that increasing demand for magnesium stearate is one of the major challenges that the market faces. Though calcium stearate and sodium stearate have been the primary metallic stearates used for industrial and commercial applications, magnesium stearate has recently replaced these substances in many various applications.
The global calcium stearate market can be divided, based on application, into the following segments: Plastic and rubber industries; construction industry; personal care and pharmaceutical industries; and paper, food, and other industries.
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