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Magnesium Stearate Market Size, Trends & Analysis, Future Growth and Outlook, 2017–2025

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Title: Magnesium Stearate Market Size, Trends & Analysis, Future Growth and Outlook, 2017–2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Magnesium Stearate
Market. Magnesium Stearate Market Insights The
Magnesium Stearate Market is expected to grow at
a significant CAGR during the forecast period.
Factors such as increased demand for the
magnesium stearate in the Asia Pacific coupled
with the significant usage of the product in the
Pharmaceutical Industry could boost the market
during the forecast period. The heavy demand of
magnesium stearate as additive supplement drug
could fuel the demand of the product in the near
future. Magnesium stearate is used as a
lubricant and process catalyst in the
pharmaceutical industry. Apart from
pharmaceutical industry, there are many more
Industries in which the product is used as a
lubricant, repellent and as an anti-tacking agent
in industries like, personal care, food and
beverages, plastic and rubber processing
industry, paint and coating industry and also in
building and construction industries. Major
investment initiatives were taken in the research
and development wing by various key players in
the industry. These initiatives are taken to
bring in technological advancement in order to
make the product better and durable and also to
withstand competition in the market and to gain
market strength. In general, it is used as a
lubricant, binder, and filler in the
pharmaceutical industry. However, there are some
barriers hindering the growth of the Magnesium
Stearate Market such as an increase in the price
of raw materials used for the manufacturing of
the product. This could inversely affect the
demand for the product in Asia Pacific regions.
There are some regulatory bodies which govern
the manufacturing of product such as OSHA
(Occupational Safety and Health Administration)
and TSCA (Toxic Substance Control Act). The
regulatory body specified potential physical and
chemical dangers of the raw materials used in
the manufacturing of the product. Environmental
regulations made by the regulatory bodies on the
use of the product are strict in some countries
are acting as a barrier to the expansion of the
product in the world market.
2
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Magnesium Stearate Market By Application The
Magnesium Stearate Market can be segmented based
on the application into pharmaceuticals,
lubricants, binders and fillers, food and
beverages and in the personal care industry.
Apart from these, it can also be used in some
lesser known factors which have increased the
demand of magnesium stearate in other industries
like in plastic and rubber processing industry
it is used to maintain the continuous and
consistent movement of the substrate in rubber
processing industry as an anti-tacking agent.
Building and Constructor sector uses it as a
water repellent in mortar and cement and also
used according to other hydrophobic properties
of the building. These factors have boosted the
demand of magnesium stearate in the market. It
has been estimated from the study that magnesium
stearate could clock maximum growth in the coming
years. In the pharmaceutical industry, the use
of magnesium stearate as the lubricant, binders,
and fillers in capsules, tablets and other drugs
is most likely to boost the market growth.
Moreover, increasing awareness on the benefits of
regular check-ups has led to an increase in
surgeries, thereby advancing the usage of
retractors in this particular segment. Magnesium
Stearate Market By End User Based on the market
segmentation the end users of the product in the
market is segmented into pharmaceutical
manufacturers, plastic industry, personal care
industry, food manufacturers, paint industries
And in construction and building industry. The
pharmaceutical manufacturing industries to hold
the dominant market share based on end- user
segment. Due to such heavy demand, it is expected
that the market will grow to its full potential
in the near future. Increased per capita
expenditure on the nutritious product or
increased consumption of dietary supplements
could trigger the market growth of the food
industry segment.
3
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Magnesium Stearate Market Regional Insights The
market was heavily dominated by the Asia Pacific
in the past years and it is expected to maintain
its position and register highest CAGR over the
forecast period. China is one of the key
manufacturers of the magnesium stearate across
the globe is estimated to register highest CAGR
in the region owing to the increased demand of
pharmaceutical production coupled with the
helpful policies and regulations by the
government. With the presence of many
multinational companies in the country Chinas
personal care industry is expanding at a very
fast rate resulting in the high demand of the
product. Apart from China, the market of
magnesium stearate is also estimated to grow in
Europe at a significant CAGR during the
forecasted period. After the exit of U.K. from
European Union, the market is experiencing a
profitable trade in the pharmaceutical industry
with favorable government policies leading to
the high demand of the magnesium stearate.
Markets in the emerging or in the developing
phase of the European Union are Belarus, Greece,
Bulgaria, Moldova, Macedonia, Romania, and
Montenegro are expected to remain the most
favorable destinations for multinational
pharmaceutical industries, thereby increasing the
demand of the product during the forecast period.
4
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • Magnesium Stearate Market End-Use Landscape
  • The end-use landscape entails a list of current
    and prospective consumers prevailing across the
    regions. This section provides company addresses,
    contact details, products, and regional presence
    of companies who are purchasing or are likely to
    purchase surgical retractors over the coming
    years. Some of the companies which are using or
    are likely to use magnesium stearate are
    Mutchler Inc., Barrington Nutritionals, Doe
    Ingalls Inc., Asiamerica Group Inc., and others.
  • Magnesium Stearate Market Vendor Landscape
  • The report contains a chapter dedicated to
    vendors operating in the market, covering raw
    material manufactures, equipment developers,
    manufacturers, and distributors. The report
    provides these insights on a regional level. This
    section of the report entails contact details,
    experience, products manufactured/supplied, and
    geographical presence of companies.
  • Magnesium Stearate Market Share Competitor
    Analysis
  • Some of the key players operating in the
    Magnesium Stearate Market are Kirsch Pharma
    GmbH, Parchem Fine and Speciality Chemicals, PT
    Halim Sakti Pratama, Baerlorcher GmbH, Nimbasia
    Stabilizers, Faci S.p.A, Valtris Speciality
    Chemicals, Norac Additives LLC, Sun Ace Kakoh
    (Pte.) Ltd. and James M. Brown Ltd.
  • In the recent years, CFDA (China Food and Drug
    Administration) has issued several regulations
    and policies in favour of the use of the product
    in the pharmaceutical industries and also to
    encourage the innovations in the industry to make
    the product better and less harmful in order for
    the efficient utilization of the product. This
    could be one of the reasons why there is a very
    high growth rate in the market of magnesium
    stearate in the region.
  • Some of the key pharmaceutical companies are
    expected to invest in the market to develop
    faster and efficient processing methods to
    improve the production of magnesium stearate.
  • The report segments the Magnesium Stearate Market
    on the basis of By Application

5
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • By End Users
  • Plastic Industry
  • Personal Care Industry
  • Food Manufacturers
  • Paint Industry and Pharmaceutical manufacturers
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa

This article contains text from the Magnesium
Stearate Market Research Report till 2025 with
Growth analysis Forecast report For more
information or to buy the report, please visit
https//www.globalmarketestimates.com/magnesium-st
earate-market/ Check our annual research
partnership service at https//www.globalmarkete
stimates.com/annual-research-partnership-services/
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