Global Metallic Soap Market Size, Share, and COVID-19 Impact Analysis, By Type (Zinc Soaps, Calcium Soaps, Aluminium Soaps, Magnesium Soaps, Sodium Soaps, Barium Soaps, and Others), By Application (Plastics Industry, Building & Construction, Grease Industry, Rubber Industry, Paper Industry, Personal Care, Pharmaceuticals, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Chemicals & MaterialsGlobal Metallic Soap Market Insights Forecasts to 2033
- The Global Metallic Soap Market Size was estimated at USD 2.47 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 4.97% from 2023 to 2033
- The Worldwide Metallic Soap Market Size is Expected to Reach USD 4.01 Billion by 2033
- North America is expected to Grow the fastest during the forecast period.
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The Global Metallic Soap Market Size is expected to cross USD 4.01 Billion by 2033, growing at a CAGR of 4.97% from 2023 to 2033. The market for metallic soaps is being driven by development in production methods, such as more energy-efficient procedures and improvements in product quality.
Market Overview
The market for soaps made from the reaction of metal salts with alkaline materials is known as the "metallic soap market." The market for metallic soap is expanding due to its rising use in a variety of industries, including personal care, construction, rubber, and plastics. The metallic soap market serves as lubricating, thickening, waterproofing, and stabilizing agents and is mostly made of metallic salts of metallic fatty acids such as calcium, zinc, aluminum, and magnesium. In the rubber and plastics sectors, the main metals utilized in these soaps are effectively used as release agents, stabilizers, and process aids. The demand for metallic soaps market such as magnesium stearate, which are utilized as thickening and binding agents in skincare and makeup products, is steadily increasing in the cosmetics sector. Due to metallic soaps being used in paints, coatings, and lubricants, the demand for them is being driven by the quick expansion of construction projects and the rising production of automobiles worldwide. The use of non-toxic and skin-friendly metallic soaps in lotions, creams, and pharmaceutical formulations is growing, which is driving the growth of the metallic soap market.
Report Coverage
This research report categorizes the metallic soap market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the metallic soap market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the metallic soap market.
Global Metallic Soap Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 2.47 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.97% |
2033 Value Projection: | USD 4.01 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 239 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Application and By Region |
Companies covered:: | Mallinckrodt plc, Sogis Chemical Industry, White Group, Baerlocher GmbH, HIMSTAB LLC, Peter Greven GmbH & Co. KG, Valtris Specialty Chemicals, PMC Group, Inc., Sun Ace Corporation, Akdeniz Kimya, Faci SpA, Dover Chemical Corporation, Chimiaran, and Others. |
Pitfalls & Challenges: | COVID-19 impact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The market for metallic soaps is mostly driven by the expanding beauty and personal care industry, particularly in emerging markets. Metallic soaps, such as zinc and aluminum stearate, improve texture, increase paint adherence, and serve as drying agents. These properties benefit the expanding automotive and construction industries, which drive the growth of metallic soap market. Rising demand from a variety of end-use sectors is driving the steady rise of the metallic soap market. The industry is further driven by advancements in formulation methods and growing applications in specialized industries.
Restraining Factors
The price of vegetable oils has a significant impact on the cost of raw ingredients like fatty acids, which are needed to make metallic soaps. These variations can have a detrimental effect on manufacturers' profitability and restrict the expansion of the metallic soap market.
Market Segmentation
The metallic soap market share is classified into type and application.
- The sodium soaps segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the type, the metallic soap market is divided into zinc soaps, calcium soaps, aluminum soaps, magnesium soaps, sodium soaps, barium soaps, and others. Among these, the sodium soaps segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Sodium metallic soaps are less expensive than other metallic soaps, such as those made of calcium or zinc. Sodium metal soaps are quickly gaining traction in both consumer and large industrial applications because of these benefits.
- The plastics industry segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the application, the metallic soap market is divided into plastics industry, building & construction, grease industry, rubber industry, paper industry, personal care, pharmaceuticals, and others. Among these, the plastics industry segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The plastics industry made major use of metallic soaps, like calcium and zinc soaps, mainly as lubricants and stabilizers. These soaps make plastic product easier to produce, have better mechanical qualities, and last longer.
Regional Segment Analysis of the Metallic Soap Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to hold the largest share of the metallic soap market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the metallic soap market over the predicted timeframe. The Asia-Pacific region alone demonstrates regional dynamics have a significant impact on the worldwide metallic soap market. Its supremacy stems from an availability of raw materials, most of which are combined with fast urbanization and economic expansion as well as high demand from industries like the plastic, rubber, and personal care and cosmetics sectors. In terms of producing and consuming this item, China, Japan, and India hold a strong position.
North America is expected to grow at the fastest CAGR growth of the metallic soap market during the forecast period. Adoption of innovative manufacturing technology, significant research, and large investments in North America. Due to legislative reforms and a greater focus on environmental sustainability, the growth of applications for metallic soaps in North America. Economic conditions, industrial activity, and regulatory frameworks all have an impact on the growth dynamics of the North American metallic soaps market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the metallic soap market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Mallinckrodt plc
- Sogis Chemical Industry
- White Group
- Baerlocher GmbH
- HIMSTAB LLC
- Peter Greven GmbH & Co. KG
- Valtris Specialty Chemicals
- PMC Group, Inc.
- Sun Ace Corporation
- Akdeniz Kimya
- Faci SpA
- Dover Chemical Corporation
- Chimiaran
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In November 2023, as one of the biggest producers of PVC stabilizers in one location, Baerlocher India recently launched its new GHG emission-optimized facility in Dewas, Madhya Pradesh. With a foundation-laying ceremony on January 27, 2021, the project began with the goal of creating sustainable additives for the PVC and polymer industries, such as metal soaps and calcium-based PVC stabilisers.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the metallic soap market based on the below-mentioned segments:
Global Metallic Soap Market, By Type
- Zinc Soaps
- Calcium Soaps
- Aluminum Soaps
- Magnesium Soaps
- Sodium Soaps
- Barium Soaps
- Others
Global Metallic Soap Market, By Application
- Plastics Industry
- Building & Construction
- Grease Industry
- Rubber Industry
- Paper Industry
- Personal Care
- Pharmaceuticals
- Others
Global Metallic Soap Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the metallic soap market over the forecast period?The metallic soap market is projected to expand at a CAGR of 4.97% during the forecast period.
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2. What is the market size of the metallic soap market?The Global Metallic Soap Market Size is Expected to Grow from USD 2.47 Billion in 2023 to USD 4.01 Billion by 2033, at a CAGR of 4.97% during the forecast period 2023-2033.
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3. Which region holds the largest share of the metallic soap market?Asia Pacific is anticipated to hold the largest share of the metallic soap market over the predicted timeframe.
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