Stearates Market Is Expanding Rapidly With Baerlocher Expanding It Production Capacity With The Addition Of New 10,000 Tons/Year Production Line For Metal Stearates
As an important ingredient of polymeric and thermoform materials, metallic stearates are a vital material. Metallic stearate is a liquid oil-based compound that can be viscous, semi-viscous, oily, or crystal clear. The stearates and their relevant products have been witnessing robust demand from building and construction sector. Calcium stearate is typically used in waterproofing, while it is also used to prevent efflorescence. Generally, it is mixed with concrete and used in various construction activities including building, flooring, as well as in prefabrication sector. As India Brand Equity Foundation (IBEF) suggests, India is expected to become the world’s third-largest construction market by 2022, for which it will require US$ 777.73 billion investment across infrastructure for sustainable development. Such factors can stimulate growth of the stearates market in the near future. Stearates has numerous industrial applications. They are commonly found as lubricating oils...