Latin America Metallic Stearates Market Size & Outlook
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Latin America metallic stearates market highlights
- The Latin America metallic stearates market generated a revenue of USD 438.1 million in 2024.
- The market is expected to grow at a CAGR of 3.2% from 2025 to 2030.
- In terms of segment, zinc stearate was the largest revenue generating product in 2024.
- Magnesium stearate is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 438.1 million |
| Market revenue in 2030 | USD 529.0 million |
| Growth rate | 3.2% (CAGR from 2025 to 2030) |
| Largest segment | Zinc stearate |
| Fastest growing segment | Magnesium stearate |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Zinc stearate, Calcium stearate, Aluminum stearate, Magnesium stearate, Sodium Stearate, Lithium Stearate |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.3% of the global metallic stearates market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,836.7 million by 2030.
Zinc stearate was the largest segment with a revenue share of 33.76% in 2024. Horizon Databook has segmented the Latin America metallic stearates market based on zinc stearate, calcium stearate, aluminum stearate, magnesium stearate, sodium stearate, lithium stearate covering the revenue growth of each sub-segment from 2018 to 2030.
Metallic stearate demand across Central & South America is typically being driven by high demand for the product from Brazil and Argentina. Food & beverages sector of the region is observed to be in high demand due to increased dependence of the native population on processed food products.
Further, the rubber industry across plastics and rubber sector of Central & South America is largely dependent on growing capital investments and expanding market compositions. The country is export oriented in terms of plastics and rubber demand and the demand for metallic stearates across these industries is bound to reflect high growth due to increasing renovation activities of old infrastructure coupled with substantial demand for automotive spare parts and packaging component demands. These factors cumulatively are going to increase demand for the substance across the region over the foreseeable future.
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Metallic Stearates Market Scope
Metallic Stearates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Akrochem | View profile | 51-100 | Akron, Ohio, United States, North America | https://www.akrochem.com/ |
| James M. Brown | View profile | 11-50 | Stoke-on-trent, Stoke-on-Trent, United Kingdom, Europe | https://www.jamesmbrown.co.uk |
| PMC Biogenix | View profile | 101-250 | Memphis, Tennessee, United States, North America | https://pmcbiogenix.com/ |
| Norac Additives | View profile | 101-250 | Ambler, Pennsylvania, United States, North America | https://www.noracadditives.com/ |
| Peter Greven GmbH & Co. KG | View profile | 11-50 | Bad Münstereifel, Nordrhein-Westfalen, Germany, Europe | https://www.peter-greven.de |
| Dover Chemical Corp | View profile | 251-500 | Dover, Ohio, United States, North America | http://doverchem.com |
| Valtris Specialty Chemicals | View profile | 501-1000 | Independence, Ohio, United States, North America | http://www.valtris.com/ |
| Baerlocher | View profile | 1001-5000 | Unterschleißheim, Bayern, Germany, Europe | https://www.baerlocher.com |
Latin America metallic stearates market size, by country, 2018-2030 (US$M)
Latin America Metallic Stearates Market Outlook Share, 2024 & 2030 (US$M)
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