PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1629748
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1629748
Magnesium Stearate Market, By Application (Pharmaceuticals, Personal Care, Food and Beverages, Others), By Form (Powder, Flakes), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Global Magnesium Stearate Market is estimated to be valued at USD 75.43 Bn in 2024 and is expected to reach USD 96.53 Bn by 2031, growing at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 75.43 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 3.60% | 2031 Value Projection: | US$ 96.53 Bn |
Magnesium stearate is a white crystalline solid that is widely used as a lubricant in pharmaceuticals and supplements manufacturing. It serves as a flow agent to improve the mobility of powder blends in manufacturing processes. Magnesium stearate has gained increasing usage due to the growth in pharmaceutical and nutraceutical industries worldwide. The ability of magnesium stearate to reduce friction between powder particles and manufacturing equipment surfaces has made it a popular excipient for tablet and capsule formulations. Its wide margin of safety also contributes to its extensive use. However, excessive usage of magnesium stearate may affect drug absorption from solid oral dosage forms. This has prompted manufacturers to optimize the level of magnesium stearate in formulations.
Market Dynamics:
The global magnesium stearate market is driven by the expanding pharmaceutical industry and rising health supplement consumption. Increasing generic and OTC drug production is also fueling demand. However, the market faces restraints from the availability of substitute lubricants and strict regulations pertaining to excipient usage levels. The growing nutraceuticals sector in emerging nations provides an attractive opportunity for market players to launch new applications and access new markets. Innovation in modified forms of magnesium stearate and multi-functional excipients with coating abilities are other opportunities. Key players in the market include Struktol, Peter Greven, Nimbasia, Elite Chemicals, Sinwon Chemical, and CHR Hasen.
Key features of the study:
This report provides in-depth analysis of the global magnesium stearate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global magnesium stearate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Kirsch Pharma GmbH, PT Halim Sakti Pratama, Parchem Fine & Specialty Chemicals, Nimbasia Stabilizers, Baerlocher GmbH, Valtris Specialty Chemicals, Norac Additives LLC, Faci S.p.A, James M. Brown Ltd, and Sun Ace Kakoh (Pte) Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global magnesium stearate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Market Segmentation
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Pharmaceuticals
- Personal Care
- Food and Beverages
- Others
- Form Insights (Revenue, USD Bn, 2019 - 2031)
- Powder
- Flakes
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Kirsch Pharma GmbH
- PT Halim Sakti Pratama
- Parchem Fine & Specialty Chemicals
- Nimbasia Stabilizers
- Baerlocher GmbH
- Valtris Specialty Chemicals
- Norac Additives LLC
- Faci S.p.A
- James M. Brown Ltd
- Sun Ace Kakoh (Pte) Ltd
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Magnesium Stearate Market, By Application
- Magnesium Stearate Market, By Form
- Magnesium Stearate Market, By Region
3. Market Dynamics, Regulations, And Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
- Industry Trends
4. Magnesium Stearate Market, By Application, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Food and Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Magnesium Stearate Market, By Form, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Flakes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Magnesium Stearate Market, By Region, 2019 - 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
7. Competitive Landscape
- Kirsch Pharma GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- PT Halim Sakti Pratama
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Parchem Fine & Specialty Chemicals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nimbasia Stabilizers
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Baerlocher GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Valtris Specialty Chemicals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Norac Additives LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Faci S.p.A
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- James M. Brown Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sun Ace Kakoh (Pte) Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
8. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
9. References and Research Methodology
- References
- Research Methodology
- About us
