Seattle, WA -- (SBWIRE) -- 04/21/2017 -- The report "Metallic Stearates Market by Type (Zinc Stearate, Calcium Stearate, Magnesium Stearate, Aluminum Stearate), End-Use Industry (Polymers & Rubbers, Pharmaceuticals & Cosmetics, Building & Construction), and Region - Global Forecasts to 2021", The metallic stearates market is projected to grow from USD 2.97 Billion in 2016 to USD 3.85 Billion by 2021, at a CAGR of 5.4% from 2016 to 2021.
Browse 103 market data tables and 42 figures spread through 148 pages and in-depth TOC on "Metallic Stearates Market - Global Forecasts to 2021"
Early buyers will receive 10% customization on this report.
This growth is fueled by the growth in end-use industries such as packaging which comprises of soft drink bottling, water bottling, food packaging and general packaging, along with steady demand from the construction industry, globally.
Ethylene – The largest market among top 15 petrochemicals
Ethylene is primarily a petrochemical used as a feedstock in the manufacturing of polymer plastics, fibers and other organic chemicals that are ultimately consumed in the packaging, transportation, and construction industries. Ethylene constituted about 25% share of the total petrochemical market in 2016, in terms of volume and is projected to maintain its share during the forecast period. With advent of abundant shale gas in North America, the majority of global players in the ethylene business have shifted their production facilities to North America to churn out low cost ethylene from ethane.
Request for the Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=193785497
Packaging- The fastest-growing market for basic polymers
The packaging industry especially in developing markets of India, Thailand, Malaysia, Vietnam and countries of Middle East such as UAE, Oman, Qatar, Kuwait is expected to grow by more than 20% year-on-year during the forecast period. The growth is driven by rise in health awareness among people, decreasing quality of tap water, and increase in tourism globally. The GGC (Gulf Cooperation Council) market for bottled water is projected to grow by about 50% each year driven by scarcity of water and rise in population. With rise in disposable income in the emerging economies, the demand of juices, nutrition drinks is projected to grow at high rates in the forecast period.
Asia-Pacific – The largest market for petrochemicals
Asia-Pacific is the largest market for top 15 petrochemicals accounting for almost 50% share in terms of volume, globally because of presence of large number of packaging, construction products, and textile industries in China and India. This region is expected to dominate the market till 2021 driven by huge investments in construction projects related to affordable housings and infrastructure. This high growth is attributed to expansion of production capacity, competitive manufacturing costs, and others.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=193785497
Major players such as Lyondell Basell (Netherlands), Dow Chemicals Company (U.S.), SABIC (Saudi Arabia), Exxon Mobil (U.S.), and BP (U.K.) have adopted expansion as the most important strategy especially in the U.S. region to produce low cost ethylene from shale gas.
Browse Related Report:
Fatty Acid Methyl Ester (FAME) Market by Type (Soya Methyl Ester, Rapeseed Methyl Ester, Palm Oil Methyl Ester), Application (Fuels, Lubricants, Coatings, Food & Agriculture, Metal Working Fluids), and Region - Global Forecast to 2021
Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) - Global Trends & Forecasts to 2021
Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
For more information, please visit http://www.marketsandmarkets.com