Middle East & Africa Metallic Stearates Market Size & Outlook
Related Markets
MEA metallic stearates market highlights
- The MEA metallic stearates market generated a revenue of USD 337.1 million in 2024.
- The market is expected to grow at a CAGR of 2.7% 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, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 337.1 million |
| Market revenue in 2030 | USD 399.5 million |
| Growth rate | 2.7% (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, MEA region accounted for 7.2% 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 33.79% in 2024. Horizon Databook has segmented the Middle East & Africa 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.
The metallic stearate market is projected to grow rapidly in the Middle East and Africa region mainly dominated by the polymer, fragrances, cosmetics and food & beverages industry. Magnesium stearates is an FDA approved ingredient widely used in the pharmaceutical industry as a lubricant.
Over the last few years, the pharmaceutical industry of Middle East has observed a remarkable growth owing to government initiatives focusing upon well-being of the growing population. The pharmaceutical sector of this region is majorly driven by the growing population.
Metallic stearate consumption rates are projected to rise with expansion in the pharmaceutical sector, multinational partnership of Gulf Cooperation Council (GCC) has contributed significantly to the growing pharmaceutical industry of this region. The beauty and cosmetics market in the Middle East and Africa is showing healthy growth with continues rise in the revenues. The demand is majorly driven by the major cities such as Dubai, Riyadh, Kuwait City and others.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 |
MEA metallic stearates market size, by country, 2018-2030 (US$M)
Middle East & Africa Metallic Stearates Market Outlook Share, 2024 & 2030 (US$M)
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