Global Ethoxylated Sorbitan Esters Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : FMCG Date : June 27th, 2018
Tutorials Get 15% Discount on First Report

The global ethoxylated sorbitan esters market is expected to grow significantly from USD 567.5 Million in 2017 to USD 840.7 million in 2024, at a CAGR of 5.8% from 2018 to 2024. The key factor driving the growth of the market includes high demand for beauty and personal care products across the globe, growing applications in pharmaceutical Industry and vast applications in food and packaging industry. The years used for the assessment are as follows;

  • Historical year  : 2014, 2015, and 2016
  • Base year      : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total Ethoxylated Sorbitan Esters market and it various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the Ethoxylated Sorbitan Esters market.
  • Finalizing the overall size and share for the global Ethoxylated Sorbitan Esters market.

OBJECTIVES:

  • To classify the global Ethoxylated Sorbitan Esters market into segments by grade type, End-Use region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the Ethoxylated Sorbitan Esters market.
  • Profiling key companies operating in the global ethoxylated sorbitan esters market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global ethoxylated sorbitan esters market is as follows:

Global Ethoxylated Sorbitan Esters Market, By Grade Type

  • Food grade
  • Industrial grade
  • Pharmacy grade

Global Ethoxylated Sorbitan Esters Market, By Application

  • Food & beverages
  • Health & personal care
  • Pharmaceutical
  • Agriculture/ Animal Feed/ Poultry
  • Industrial
  • Others

Global Ethoxylated Sorbitan Esters Market, By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Central and South America

Global Ethoxylated Sorbitan Esters market is expected to grow from USD 567.5 Million in 2017, to USD 840.7 Million by 2024, at a CAGR of 5.8% from 2018 to 2024. The key factor driving the growth of the market includes high demand for beauty and personal care products across the globe, growing applications in pharmaceutical Industry and vast applications in food and packaging industry. The polysorbate series (Polysorbate 21, Polysorbate 40, Polysorbate 60, Polysorbate 61, Polysorbate 65, Polysorbate 65, Polysorbate 80, Polysorbate 81, Polysorbate 85) is widely used in the manufacture of beauty, skin care and other cosmetic products like shampoos, toothpastes, soaps, body wash, anti-ageing creams and others. It is used as a solublizer to dissolve all the components of the product.

Sorbitan Ester is one of the inactive ingredients in many of the medications and vaccines as solublizing agent to increase the solubility of various ingredients into one another .Polysorbate 20 and Polysorbate 80 are the common types of esters used in pharmaceutical applications. Polysorbate 80 is used as a solubilizing agent in IV formulations of the antiarrhythmic drug amiodarone. Polysorbate is one of the commonly used ingredients for artificial sweetening, defoaming and flavoring. It can be found in a variety of products like bread, ice creams, cottage cheese, sauces and other products.

Europe holds the maximum share of the global exthoxylated sorbitan esters market. Growth of food and packaging industry coupled with increasing expenditure in development of pharmaceutical industry is fuelling the demand for ethoxylated sorbitan esters in the region.. Demand for ethoxylated sorbitan esters in North America is primarily due to their growing applications in the household & personal care industry. Asia-Pacific is expected to witness highest CAGR over the forecast period due to rapid industrialization in the growing economies of China and India.

Some of the key companies operating in the market include Evonik Industries, BASF S.E, Clariant AG, Ashland Inc., Croda International Plc, PolyOne Corporation, Emery Oleochemical, Addcomp Holland, Sasol Limited, Mosselman S.A, Stepan Company and among others.

Global Ethoxylated Sorbitan Esters Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Ethoxylated Sorbitan Esters Market – Market snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global ethoxylated sorbitan esters market

3.4. Value chain analysis

3.5. Raw material trend

3.6. Regulatory impact

3.7. Market opportunities & trends

3.7.1.1. EOR(Enhanced Oil Recovery) of heavy and extra heavy crude oils

3.7.1.2. Targeted drug delivery using polysorbate coated nanoparticles

3.8. Market dynamics

3.8.1. Market driver analysis

   3.8.1.1. High demand for beauty and personal care products

   3.8.1.2. Growing applications in pharmaceutical Industry

   3.8.1.3. Vast applications in food and food packaging industry

3.8.2. Market restraint analysis

            3.8.2.1. Health concerns regarding the adverse effects of polysorbates

3.8.3. Industry Analysis-Porters five forces of Analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive Analysis

4.2. Competitive Factors

4.3. Strategies Adopted

CHAPTER 5. Global Ethoxylated Sorbitan Esters Market Size and Forecast (2014 – 2024)

5.1. Global Ethoxylated Sorbitan Esters Market, By Grade Type (USD Million)

5.1.1. Food grade

5.1.2. Industrial grade

5.1.3. Pharmacy grade

5.2. Global Ethoxylated Sorbitan Esters Market, By Application (USD Million)

5.2.1. Food & beverages

5.2.2. Health & personal care

5.2.3. Pharmaceutical

5.2.4. Agriculture/ Animal Feed/ Poultry

5.2.5. Industrial

5.2.6. Others

CHAPTER 6. Global Ethoxylated Sorbitan Esters Market Size and Forecast, By Geography (USD Million)

6.1. North America Ethoxylated Sorbitan Esters Market

6.1.1. North America Ethoxylated Sorbitan Esters Market, By Grade Type (USD Million)

6.1.2. North America Ethoxylated Sorbitan Esters Market, By Application (USD Million)

6.1.3. North America Ethoxylated Sorbitan Esters Market, By Country (USD Million)

   6.1.3.1. U.S.

   6.1.3.2. Canada

   6.1.3.3. Mexico

6.2. Europe Ethoxylated Sorbitan Esters Market (USD Million)

6.2.1. Europe Ethoxylated Sorbitan Esters Market, By Grade Type (USD Million)

6.2.2. Europe Ethoxylated Sorbitan Esters Market, By Application (USD Million)

6.2.3. Europe Ethoxylated Sorbitan Esters Market, By Country (USD Million)

   6.2.3.1. Germany

   6.2.3.2. U.K

   6.2.3.3. France

   6.2.3.4. Italy

   6.2.3.5. Austria

   6.2.3.6. Switzerland

   6.2.3.7. Netherland

   6.2.3.8. Belgium

   6.2.3.9. Spain

   6.2.3.10. Rest of Europe

6.3. Asia-Pacific Ethoxylated Sorbitan Esters Market (USD Million)

6.3.1. Asia-Pacific Ethoxylated Sorbitan Esters Market, By Grade Type (USD Million)

6.3.2. Asia-Pacific Ethoxylated Sorbitan Esters Market, By Application (USD Million)

5.3.3. Asia-Pacific Ethoxylated Sorbitan Esters Market, By Country (USD Million)

   6.3.2.1. China

   6.3.2.2. India

   6.3.2.3. Japan

   6.3.2.4. South Korea

   6.3.2.5. Taiwan

   6.3.2.6. Rest of Asia-Pacific

6.4. Rest of the World (RoW) Ethoxylated Sorbitan Esters Market (USD Million)

6.4.1. Rest of the World (RoW) Ethoxylated Sorbitan Esters Market, By Grade Type (USD Million)

6.4.2. Rest of the World (RoW) Ethoxylated Sorbitan Esters Market, By Application (USD Million)

6.4.3. Rest of the World (RoW) Ethoxylated Sorbitan Esters Market, By Region (USD Million)

   6.4.3.1. Middle East & Africa(MEA)

   6.4.3.2. Central and South America

CHAPTER 7. Key Players and Strategic Developments

7.1. Evonik Industries

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. BASF S.E

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Clariant AG

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Ashland Inc

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Croda International Plc

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. PolyOne Corporation

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Addcomp Holland

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Emery Oleochemical

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Development

7.9. Sasol Limited

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Development

7.10. Stepan Company

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Development

7.11. Mosselman S.A

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Development

Global Ethoxylated Sorbitan Esters Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024