Global Polysorbate Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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14225
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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“Global Polysorbate Market” report has been recently produced by MarketResearch.biz. The report offers meaningful and accurate insights, revenue details – both historical and projected – and other important information regarding the global polysorbate market, and various trends, drivers, restraints, opportunities, and threats in the target market till 2028. The report offers insightful and detailed information regarding the key players operating in the market, their financials, supply chain, trends, technological innovations, key developments, agreements and strategies, acquisitions & mergers, and market footprint. The global polysorbate market report has been segmented on the basis of type, application, and region.
Overview:
Polysorbates are a nonionic surfactant and emulsifier regularly used in food preparation (including bread, cake mix, salad dressing, shortening oil, and chocolate), medicines, personal care, and cosmetic products. Polysorbate are used in numerous products, and are oily liquids derived from ethoxylated sorbitan, which is a derivative of sorbitol, and esterified with fatty acids. Considered as co-emulsifier, they prevent water and oil in the mix from separating, thus holding the product together. Types of used include polysorbate 20, polysorbate 40, polysorbate 60, polysorbate 80, etc. and types are applied for specific requirement.
Dynamics:
Polysorbate (20) is widely used as surfactant, emulsifier, and fragrance owing to the polysorbate aiding as a dissolving agent and for mixing oil and water along. Together with this, it also as it works as a perfume and acts as a lubricator which helps to maintain soothing effect on the skin. As a result of many of these properties, growing demand for applications in cosmetics and skin care products is driving growth of global polysorbate market, with this trend projected to continue in future.
Polysorbate demand has been witnessing an increase for applications in food products such as in ice creams to prevent it from melting quickly, use in desserts to maintain their creamy texture without separating, and also use in hot drink powdered cocoa mix. Along with a global growing population, consumption of food products is also projected to increase in parallel.
Polysorbate is gaining applications in medicines such as vitamins oils and vaccines, and helps to impart the stability of gel capsules, helps to make medicines be ingested in the stomach, is used in hair growth supplements, maintains constancy of essential oils and gives a pleasant aroma.
However, emulsifying properties are also found in various natural alternates such as alcohol, oils, (coconut oil and turkey red oil) borax, and beeswax, and lecithin. This is a major factor expected to hamper growth of the target market to a certain extent over the forecast period.
Regional Analysis:
Markets in North America and Europe are expected to account for significant revenue share in the global polysorbate market owing to robust presence of various manufacturers in countries in in these regions. In addition, rapidly growing food & beverage and cosmetics industries is expected to further result into high demand for products, thereby driving growth of the market over the forecast period.
Asia Pacific market is expected to hold substantial revenue share owing to increasing demand and use and application of cosmetics products among female and male users, and because ice creams are popular products sold and consumed in countries in the region. Moreover, growing healthcare industry and sectors, and increasing investments by governments in medical and pharmaceuticals industry are other major factors expected to drive growth of the polysorbate market in Asia Pacific.
Global Polysorbate Market Segmentation:
Global Polysorbate Market Segmentation, by type:
- Polysorbate 20
- Polysorbate 40
- Polysorbate 60
- Polysorbate 80
Global Polysorbate Market Segmentation, by end-use industry:
- Cosmetics
- Food
- Medical & Pharmaceutical
Global Polysorbate Market Segmentation, by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Evonik Industries
- Avantor Performance Materials
- NOF America corporation
- Solenis
- Croda International
- Camden-grey Essential Oils
- Mohini Organics Pvt. Ltd.
- Shine-Sarod Nigeria Limited,
- Camden-grey Essential Oils
- Reachin Chemical Co., Ltd.
- Guangzhou Runhua Food Additive Co., Ltd.