Market Overview

The market for calcium stearate is expected to grow at a CAGR of more than 5.5% during the forecast period. Major factors driving the market studied is increasing demand for PVC and other plastics.

  • Shift toward replacing lead stearates is likely to act as an opportunities.
  • Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.



Key Market Trends

Increasing Demand for Construction

  • Calcium stearate is widely used as a water proofing agent and also to prevent efflorescence in construction industry. It is mixed with concrete and is used in construction activities such as buildings, floors, and also prefabrication industry. It is used in powder form in mortars and putties, and emulsion forms for prefabricated systems.
  • The construction industry across the world is increasing at a robust growth primarily in Asia-pacific. This scenario is propelling the demand for calcium stearate market.
  • For instance, The construction industry in the United States is expected to grow by about 5% in 2018, higher than that of 2017. The residential sector in the country is estimated to grow by 6% in 2018, while the non-residential sector is expected to grow by 4% in 2018.
  • India is still a developing economy, the construction sector is one of the booming industries in the country. The infrastructure sector is an important pillar for the growth of the Indian economy. The government is taking various initiatives to ensure time-bound creation of excellent infrastructure in the country.
  • Germany witnessed a 15% increase in the new residential building permits in 2017, and this growth trend is expected to continue, owing to the rising demand for real estate, increasing population, increased job security, and low borrowing costs.
  • Such factors are boosting the demand for calcium stearate in construction industry.



China to Dominate the Asia-Pacific Region

  • China is the largest producer and consumer of plastics in the Asia-Pacific region. The abundant availability of raw materials and low cost of production have been supporting the production growth of the plastics market in the country since the past few years.
  • The consumption of plastics has increased drastically in the recent past due to the increasing population, increasing urbanization, and substitution of several metals by suitable engineering plastics in various industries, such as packaging and automotive.
  • China introduced China’s 13th Five Year Plan. It was an important year for the country’s engineering, procurement, and construction (EPC) industry, as it ventured into new business models domestically and internationally. T
  • China is the largest pulp and paper producing nation in the world, owing to its large forest reserves (22.5% of the land area). The industry is modern and highly mechanized and the labor is cheap. Forest area is increasing in China, owing to the afforestation initiatives undertaken by the government. While this is a positive sign, there are concerns regarding social and environmental issues. As the largest wood importer in the world, with complex and opaque supply chains, China also faces significant challenges.
  • All the aforementioned factors are likely to increase the demand for the market over the forecast period.



Competitive Landscape

The calcium stearate market is fragmented. Some of the major players include BELIKE, Faci SpA, Mittal Dhatu Rashayan Udyog, Baerlocher GmbH, and Seoul Fine Chemical Ind Co., Ltd, among others.

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