Global Esterquats Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
“Global Esterquats Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global esterquats market report has been segmented as per application and region.
Global Esterquats Market: Overview
Esterquats is known as quaternary ammonium compound which consists of two long chain fatty acid with double weaker ester bonds. Esterquats represent surfactants categorized into cationic surfactants that are mainly used in personal care and fabric care products. In addition, esterquats act as conditioning and softening agents for many applications in several industries including textile, personal care, fabric care, and others. The wide use of the product is in various applications such as hair conditioners, flotation aids, fabric care products, personal care products, and others among various industries across the globe.
Global Esterquats Market: Dynamics
Rising demand for scented and high-performance fabric softeners across the globe and growing awareness about various fabric softener products among consumers are major factors forecasted to drive the growth of the global esterquats market. In addition, rising adoption of eco-friendly friendly products in developed and developing countries and increasing adoption of washing machines across the globe resulting in the growing demand for esterquats are another factors projected to fuel the growth of the target market over the forecast period.
Rising adoption of esterquats as cationic surfactants in many industrial applications such as paper softening, cleaning products, washing, and others due to various properties associated with it including antimicrobial, antistatic, surface activity, and substantively. This is a key factor expected to propel growth of the global market during the forecast period. In addition, growing demand for esterquats in multiple applications among various industries such as personal care and fabric care across the globe projected to support growth of the target market.
Furthermore, extensive research and development initiatives, high technological advancements in esterquats, and rising implementation of various methods to balance hydrolysis and thermal stability rate of esterquats by major esterquats manufacturers. These aforesaid factors are forecasted to proliferate the growth of the global esterquats market in the upcoming years.
Global Esterquats Market: Segment Analysis
Increasing preference for eco-friendly personal care products among consumers across the globe is the primary factor driving revenue growth of the personal care products segment among the application segment.
Global Esterquats Market: Region Analysis
The Europe esterquats market accounted for major revenue share in the global market followed by a market in Europe and are expected to dominate the target market during the forecast period. The high presence of key players and high availability of a variety of fabric softeners and in countries such as Germany, UK, Italy, France, Canada, and the US in these regions. Expanding fabric softeners industry and high adoption of environment-friendly hair and skin care products in the countries such as China, India, and Japan in the Asia Pacific region is projected to register significant growth in the global market. The Middle East & Africa market and Latin America market are expected to witness moderate growth in the global market, owing to high preference for a variety of fabric care and personal care products among individuals in the countries in these regions.
Global Esterquats Market Segmentation:
Segmentation by Application:
- Fabric Care Products
- Personal Care Products
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Kao Chemicals Europe, S.L.
- ABITEC Corporation
- Evonik Industries AG
- Stepan Company
- BASF SE
- Italmatch Chemicals S.p.A.
- The Lubrizol Corporation
- Clariant Chemicals (India) Limited
- The Dow Chemical Company
- The Procter & Gamble Company
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