The global magnesium stearate market was valued at $422.0 million in 2018. Magnesium stearate is a salt that is formulated with the help of two nutritional substances such as saturated fat stearic acid and mineral magnesium that is extensively being utilized as a flow agent in various pharmaceuticals and nutritional supplements. Increasing adoption of magnesium stearate in pharmaceutical industry is the key factor driving the growth of global magnesium stearate market.
Magnesium stearate consists of precipitated, fine milled, intangible powder with low bulk density, white light and comprising of faint odor of stearic acid. Furthermore, these stearate forms a film on tablet or capsule ingredients due to which magnesium stearate escalates the time for capsules and tablets to dissolve. Magnesium stearate covers upright portion of molecules in a capsule or tablet enabling breakage of these coatings with the help of digestive enzymes. Moreover, various uses of this stearate in pharmaceutical industry are thus stimulating the demand for global magnesium stearate market at significant rate.
Extensive usage of magnesium stearate in the personal care industry is the key factor driving the growth of global magnesium stearate market due to use of these stearates in creating make up products such as eyeshadow, eyeliner, lipsticks, mascara, foundations, face powders and blushers. They are also excessively being used in deodorants, skin care products, fragrances and hair care products. Magnesium stearate is utilized for their loosening properties that help emulsions in parting liquid and oil components from each other. Stearate is enhancing wideness of oil area of personal care and cosmetic products and provides transparency to the finished products.
However, probable risk associated with magnesium stearate and contamination caused at the time of manufacturing process is the key factor that is anticipated to hamper the growth of global magnesium stearate market.
Magnesium stearate market forecast 2020 – 2030 estimates the historical market size in terms of consumption as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the magnesium stearate manufacturers. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. Personal care, pharmaceuticals, food & beverages and others industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications.
On the basis of application, the global magnesium stearate market is categorised into personal care, pharmaceuticals, food & beverages and others. Among all these segments, use of magnesium stearate in personal care industry is anticipated to generate highest CAGR during the forecast period due to utilization of these components as opacifier, film-forming, texturizer, anti-caking and lubricating agent.
Moreover, magnesium stearate are used in various skin care and cosmetics products that are concentrating upon enhancing their number of online platforms and extending distribution capabilities to avail easy accessibility of personal care products globally and thus enhancing the growth of global magnesium stearate market at considerable rate.
Magnesium stearate market in North America is anticipated to grow at a good rate throughout the anticipated period. The growth of magnesium stearate market in this region is attributed towards increasing popularity of these components in healthcare and pharmaceutical industry. Availability of large number of resources in the region is thus stimulating the manufacturers to produce magnesium stearate at rapid pace and thus propelling the growth of magnesium stearate market in this region.
Magnesium stearate market in Asia-Pacific is anticipated to generate largest revenue and also expected to grow at the fastest rate during the forecast period owing to increasing demand for this substance in food & beverage and personal care products along with increasing consumer awareness pertaining to organic and natural products in this region. Increasing awareness pertaining to health along with rapid increase in disposable income of citizens of countries such as China and India are thus creating ample opportunities for magnesium stearate market to gain significant market growth in this region.
The report also offers the insights for the European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The eminent key players in the global magnesium stearate market are undertaking considerable investment decisions in order to gain competitive advantage. Moreover, entering into partnership agreements and performing mergers & acquisitions are the key development strategies being implemented by the crucial players of magnesium stearate market. Some of the key players in the global magnesium stearate market include Valtris Specialty Chemicals, Sun Ace Kakoh (Pte.) Ltd., Peter Greven GmbH & Co. KG, CHNV New Material, Kirsch Pharma GmbH, Mallinckrodt, Baerlocher GmbH, Struktol, Faci Asia Pacific Pte Ltd., Sinwon Chemical, Parchem Fine & Specialty Chemicals, Connect Chemicals, Elite Chemicals, Haviland Enterprises, Sifeng Biochem, Norac Additives LLC, PRATHAM UDYOG Group, All-Chemie, Amishi Drugs & Chemicals Private, James M. Brown Ltd., Nimbasia, Hydrite Chemical and Linghu Xinwang Chemical.
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1. Research Overview
1.1. Objective
1.2. Global Magnesium Stearate Market Overview
1.3. Market Segmentation
1.3.1. By Application
1.4. Benefits to Stakeholders
1.5. Key Questions Answered by the Report
1.6. Frequently Asked Questions
2. Research Methodology
2.1.1. Secondary Research
2.1.1.1. Key secondary research sources
2.1.2. Primary Research
2.1.2.1. Split of primary research respondents
2.1.2.1.1. By industry participant
2.1.2.1.2. By region
2.1.2.1.3. By company type
2.1.3. Market Forecast Methodology
2.1.4. Market Size Estimation
2.1.4.1. Bottom-Up Approach
2.1.4.2. Top-Down Approach
2.1.5. Data Exploration and Validation
2.1.6. Limitations and Assumptions for the Study
3. Introduction to the Magnesium Stearate Market
3.1. Market Definition
3.2. By Application
3.2.1. Personal Care
3.2.2. Pharmaceuticals
3.2.3. Food & Beverages
3.2.4. Others
4. Magnesium Stearate Market Analysis
4.1. Industry Outlook
4.2. Demand Side Trends
4.3. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Overview
4.6. Regulatory Framework
4.7. Raw Material Pricing Analysis
4.8. PESTEL Analysis
4.8.1. Political Factor
4.8.2. Economic Factor
4.8.3. Technological Factor
4.8.4. Environmental Factor
4.8.5. Legal Factor
4.9. Opportunity Analysis
4.10. Supply Chain Analysis
4.11. Porter’s Five Forces Analysis
4.11.1. Bargaining Power of Buyers
4.11.2. Bargaining Power of Suppliers
4.11.3. Threat of New Entrants
4.11.4. Rivalry Among Existing Competitors
4.11.5. Threat of Substitutes
4.12. Market Dynamics
4.12.1. Drivers
4.12.1.1. High demand from pharmaceutical industry
4.12.1.2. Increasing usage in the personal care industry
4.12.1.3. Increasing population
4.12.1.4. Increasing disposable income
4.12.2. Restraints
4.12.2.1. Increasing raw material prices
4.12.3. Trends
4.12.3.1. Technology advancement
4.12.4. Opportunities
4.12.4.1. Increasing demand from emerging countries
4.13. SWOT Analysis of the Magnesium Stearate Market
4.13.1. Strength
4.13.2. Weakness
4.13.3. Opportunity
4.13.4. Threat
5. Magnesium Stearate: Global Market
5.1. Global Magnesium Stearate Market Forecast 2020 – 2030
5.2. Global Magnesium Stearate Market Forecast, by Application, 2020 – 2030
5.3. Global Magnesium Stearate Market Forecast, by Region, 2020 – 2030
5.3.1. Asia-Pacific
5.3.2. Europe
5.3.3. North America
5.3.4. Latin America
5.3.5. Middle East & Africa
6. Magnesium Stearate: Asia-Pacific Market
6.1. China Magnesium Stearate Market
6.1.1. China Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.2. Japan Magnesium Stearate Market
6.2.1. Japan Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.3. India Magnesium Stearate Market
6.3.1. India Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.4. Australia Magnesium Stearate Market
6.4.1. Australia Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.5. South Korea Magnesium Stearate Market
6.5.1. South Korea Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.6. Indonesia Magnesium Stearate Market
6.6.1. Indonesia Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.7. Singapore Magnesium Stearate Market
6.7.1. Singapore Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.8. Taiwan Magnesium Stearate Market
6.8.1. Taiwan Magnesium Stearate Market, by Application Forecast, 2020 – 2030
6.9. Rest of Asia-Pacific Magnesium Stearate Market
6.9.1. Rest of Asia-Pacific Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7. Magnesium Stearate: European Market
7.1. Germany Magnesium Stearate Market
7.1.1. Germany Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7.2. U.K. Magnesium Stearate Market
7.2.1. U.K. Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7.3. France Magnesium Stearate Market
7.3.1. France Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7.4. Italy Magnesium Stearate Market
7.4.1. Italy Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7.5. Spain Magnesium Stearate Market
7.5.1. Spain Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7.6. Russia Magnesium Stearate Market
7.6.1. Russia Magnesium Stearate Market, by Application Forecast, 2020 – 2030
7.7. Rest of Europe Magnesium Stearate Market
7.7.1. Rest of Europe Magnesium Stearate Market, by Application Forecast, 2020 – 2030
8. Magnesium Stearate: North American Market
8.1. U.S. Magnesium Stearate Market
8.1.1. U.S. Magnesium Stearate Market, by Application Forecast, 2020 – 2030
8.2. Canada Magnesium Stearate Market
8.2.1. Canada Magnesium Stearate Market, by Application Forecast, 2020 – 2030
9. Magnesium Stearate: Latin American Market
9.1. Brazil Magnesium Stearate Market
9.1.1. Brazil Magnesium Stearate Market, by Application Forecast, 2020 – 2030
9.2. Mexico Magnesium Stearate Market
9.2.1. Mexico Magnesium Stearate Market, by Application Forecast, 2020 – 2030
9.3. Argentina Magnesium Stearate Market
9.3.1. Argentina Magnesium Stearate Market, by Application Forecast, 2020 – 2030
9.4. Chile Magnesium Stearate Market
9.4.1. Chile Magnesium Stearate Market, by Application Forecast, 2020 – 2030
9.5. Colombia Magnesium Stearate Market
9.5.1. Colombia Magnesium Stearate Market, by Application Forecast, 2020 – 2030
9.6. Rest of Latin American Magnesium Stearate Market
9.6.1. Rest of Latin American Magnesium Stearate Market, by Application Forecast, 2020 – 2030
10. Magnesium Stearate: MEA Market
10.1. Saudi Arabia Magnesium Stearate Market
10.1.1. Saudi Arabia Magnesium Stearate Market, by Application Forecast, 2020 – 2030
10.2. South Africa Magnesium Stearate Market
10.2.1. South Africa Magnesium Stearate Market, by Application Forecast, 2020 – 2030
10.3. U.A.E. Magnesium Stearate Market
10.3.1. U.A.E. Magnesium Stearate Market, by Application Forecast, 2020 – 2030
10.4. Rest of MEA Magnesium Stearate Market
10.4.1. Rest of MEA Magnesium Stearate Market, by Application Forecast, 2020 – 2030
11. Competition in Magnesium Stearate Market
11.1. Production Capacity of Major Players
11.2. Price Trend Analysis
11.3. Raw Material Price Analysis
11.4. Company Share Analysis
11.5. Product and Competitive Benchmarking
11.6. Strategic Development Analysis of Major Players
11.6.1. Partnerships/Collaborations/Agreements
11.6.2. Mergers & Acquisitions
11.6.3. New Product Launches
11.6.4. Other Developments
12. Leading Companies
12.1. Valtris Specialty Chemicals
12.1.1. Company Overview
12.1.2. Product & Services Offerings
12.1.3. Financial Overview
12.1.4. Recent Developments
12.2. Nimbasia
12.2.1. Company Overview
12.2.2. Product & Services Offerings
12.2.3. Financial Overview
12.2.4. Recent Developments
12.3. James M. Brown Ltd.
12.3.1. Company Overview
12.3.2. Product & Services Offerings
12.3.3. Financial Overview
12.3.4. Recent Developments
12.4. Baerlocher GmbH
12.4.1. Company Overview
12.4.2. Product & Services Offerings
12.4.3. Financial Overview
12.4.4. Recent Developments
12.5. Sun Ace Kakoh (Pte.) Ltd.
12.5.1. Company Overview
12.5.2. Product & Services Offerings
12.5.3. Financial Overview
12.5.4. Recent Developments
12.6. Peter Greven GmbH & Co. KG
12.6.1. Company Overview
12.6.2. Product & Services Offerings
12.6.3. Financial Overview
12.6.4. Recent Developments
12.7. CHNV New Material
12.7.1. Company Overview
12.7.2. Product & Services Offerings
12.7.3. Financial Overview
12.7.4. Recent Developments
12.8. Kirsch Pharma GmbH
12.8.1. Company Overview
12.8.2. Product & Services Offerings
12.8.3. Financial Overview
12.8.4. Recent Developments
12.9. Mallinckrodt
12.9.1. Company Overview
12.9.2. Product & Services Offerings
12.9.3. Financial Overview
12.9.4. Recent Developments
12.10. Struktol
12.10.1. Company Overview
12.10.2. Product & Services Offerings
12.10.3. Financial Overview
12.10.4. Recent Developments
12.11. Faci Asia Pacific Pte Ltd.
12.11.1. Company Overview
12.11.2. Product & Services Offerings
12.11.3. Financial Overview
12.11.4. Recent Developments
12.12. Sinwon Chemical
12.12.1. Company Overview
12.12.2. Product & Services Offerings
12.12.3. Financial Overview
12.12.4. Recent Developments
12.13. Parchem Fine & Specialty Chemicals
12.13.1. Company Overview
12.13.2. Product & Services Offerings
12.13.3. Financial Overview
12.13.4. Recent Developments
12.14. Connect Chemicals
12.14.1. Company Overview
12.14.2. Product & Services Offerings
12.14.3. Financial Overview
12.14.4. Recent Developments
12.15. Elite Chemicals
12.15.1. Company Overview
12.15.2. Product & Services Offerings
12.15.3. Financial Overview
12.15.4. Recent Developments
12.16. Haviland Enterprises
12.16.1. Company Overview
12.16.2. Product & Services Offerings
12.16.3. Financial Overview
12.16.4. Recent Developments
12.17. Sifeng Biochem
12.17.1. Company Overview
12.17.2. Product & Services Offerings
12.17.3. Financial Overview
12.17.4. Recent Developments
12.18. Norac Additives LLC
12.18.1. Company Overview
12.18.2. Product & Services Offerings
12.18.3. Financial Overview
12.18.4. Recent Developments
12.19. PRATHAM UDYOG Group
12.19.1. Company Overview
12.19.2. Product & Services Offerings
12.19.3. Financial Overview
12.19.4. Recent Developments
12.20. All-Chemie
12.20.1. Company Overview
12.20.2. Product & Services Offerings
12.20.3. Financial Overview
12.20.4. Recent Developments
12.21. Amishi Drugs & Chemicals Private
12.21.1. Company Overview
12.21.2. Product & Services Offerings
12.21.3. Financial Overview
12.21.4. Recent Developments
12.22. Hydrite Chemical
12.22.1. Company Overview
12.22.2. Product & Services Offerings
12.22.3. Financial Overview
12.22.4. Recent Developments
12.23. Linghu Xinwang Chemical
12.23.1. Company Overview
12.23.2. Product & Services Offerings
12.23.3. Financial Overview
12.23.4. Recent Developments
13. Conclusion and Recommendation
13.1. Market Outlook
13.2. Recommendation
14. Glossary
Note: Financial overview and recent developments of different companies are subject to availability of information in secondary domain.
Valtris Specialty Chemicals
Sun Ace Kakoh (Pte.) Ltd.
Peter Greven GmbH & Co. KG
CHNV New Material
Kirsch Pharma GmbH
Mallinckrodt
Baerlocher GmbH
Struktol
Faci Asia Pacific Pte Ltd.
Sinwon Chemical
Parchem Fine & Specialty Chemicals
Connect Chemicals
Elite Chemicals
Haviland Enterprises
Sifeng Biochem
Norac Additives LLC
PRATHAM UDYOG Group
All-Chemie
Amishi Drugs & Chemicals Private
James M. Brown Ltd.
Nimbasia
Hydrite Chemical
Linghu Xinwang Chemical