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  • June 21, 2019

EDISON, NJ—The global magnesium stearate market is forecast to increase at a 7.2 percent compound annual growth rate through 2025, according to a report by Advance Market Analytics. The market growth will be driven by an increasing number of online platforms and distribution channels, rising awareness of the benefits of regular checkups, and a growing demand for inactive ingredients such as lubricants, binders, and fillers in drug formulations. Key market players listed in the report include Kirsch Pharma, PT Halim Sakti Pratama, Bronson & Jacobs, Nimbasia, Aromantic, Amik Italia, Parchem Fine & Specialty Chemicals, Baerlocher, and Valtris Specialty Chemicals.