Ethoxylated Sorbitan Esters Market: Overview
Ethoxylated sorbitan ester is chemically a surfactant, which is used in the preparation of emulsion, creams, soaps, and ointments in pharmaceuticals and cosmetics industries. It can be defined as an emulsifier that binds various ingredients together in pharmaceutical and personal care products. Key properties of ethoxylated sorbitan esters include formulation flexibility and higher compatibility with materials. Technological innovations and rapid industrialization are major factors driving the global ethoxylated sorbitan ester market includes. Chemically, ethoxylated sorbitan esters contain 20 moles of ethylene oxide and various fatty acids and are also known as polysorbates. They provide wetting, stabilizing, dispersing and viscosity modifying properties in various personal care applications.
Ethoxylated Sorbitan Esters Market: Trends & Demands
Constant demand for ethoxylated sorbitan esters in end-user industries such as pharmaceuticals, food & beverages, personal care, and cosmetics plays a prominent role in boosting the ethoxylated sorbitan esters market. Rise in demand for bio-based products is also fuelling the demand for ethoxylated sorbitan esters. Growth in awareness about the use of quality skin care products is also propelling the demand for ethoxylated sorbitan esters. Ethoxylated sorbitan esters consist primarily of partial fatty acids such as oleate, stearate, or laureate. Food and pharmaceuticals industries in emerging economies such as China and India in Asia Pacific are anticipated to expand significantly in the near future. This can be ascribed to the growth in population, rise in disposable income, and improvement in lifestyle of middle-class families.
Ethoxylated Sorbitan Esters Market: Key Segments
Based on type of ester, the global ethoxylated sorbitan esters market can be classified into sorbitan tristearate, sorbitan monostearate, sorbitan monooleate, sorbitan trioleate, sorbitan monopalmitate, and sorbitan monolaurate. In terms of application, the ethoxylated sorbitan esters market can be segmented into pharmaceuticals, personal care and cosmetics (including skin care creams and lotions, hair care, deodorants, and other cosmetics). Ethoxylated sorbitan esters are widely used in food, pharmaceuticals, personal care, and beauty products such as cold creams, baby lotions, and bath oils. They are highly used in the preparation of ice-creams, as they prevent ice-creams from melting rapidly. Ethoxylated sorbitan esters are also employed in the formulation of influenza vaccines. Ethoxylated sorbitan esters are used as emulsifiers in food applications. These esters are employed as surfactants in soaps and cosmetics and as solubilizers in mouthwashes. Ethoxylated sorbitan esters are used as excipients for stabilizing aqueous formulations of medications. These esters are employed as emulsifiers in the manufacture of popular antiarrhythmic amiodarones.
Ethoxylated Sorbitan Esters Market: Regional Outlook
The global ethoxylated sorbitan esters market expanded significantly in the last decade. This trend is estimated to continue during the forecast period. Asia Pacific holds significant share of the global ethoxylated sorbitan esters market. Growth of the pharmaceutical industries in China and India is likely to offer lucrative opportunities to the ethoxylated sorbitan esters market in Asia Pacific between 2018 and 2026. Rise in demand for ethoxylated sorbitan esters, especially in the food & beverages segment, is driving the ethoxylated sorbitan esters market in Europe. The ethoxylated sorbitan esters market in North America is driven by advancements in the pharmaceuticals industry. The ethoxylated sorbitan esters market in Latin America and Middle East & Africa is estimated to expand at a significant pace during the forecast period, owing to the recent economic growth in these regions.
Ethoxylated Sorbitan Esters Market: Key Players
Key players operating in the global ethoxylated sorbitan esters market include Akzo Nobel N.V, Clariant AG, Ashland Inc, Evonik, and PolyOne Corporation.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.