Extensive Use of Polysorbates in Food & Beverages to Drive the Ethoxylated Ethoxylated Sorbitan Esters Market
Ethoxylated Sorbitan Esters Market
LONDON, UNITED KINGDOM, December 29, 2021 /EINPresswire.com/ -- The global ethoxylated Sorbitan Esters is likely to reach USD 933.20 million by 2027, at a CAGR of 5.2% over the forecast period (2021-2027) according to QuantAlign Research. Rising applications of ethoxylated sorbitan esters/polysorbates across a wide variety of applications such as beauty & personal care, pharmaceutical, food & beverage, and agriculture, among others, is projected to augment the market demand. However, associated health concerns regarding the use of polysorbates may hinder the market growth over the coming years.
Polysorbates are defined as the ethoxylated Sorbitan Esters which are manufactured by the reaction of sorbitol with various fatty acids. These oleochemical based surfactants act as humectants, solubilizers, and emulsifiers, thus have applications across a host of industries. Polysorbate-80 has been identified as the most suitable surfactant to deliver drug via nano particles more efficiently. Also, used in many formulations, ethoxylated Sorbitan Estersare added as solubilizer in injections as well.
Ethoxylated Sorbitan Estersare also used as a surfactant in the formulation of biotherapeutic products for preventing surface adsorption and as stabilizers against protein aggregation. Moreover, extensive usage as a wetting agent and dispersant for materials such as zinc oxide, and penicillin in lipophilic pharmaceutical bases, ethoxylated sorbitan ester has gained wide acceptance across the pharmaceutical industry.
Read more about the report: “Global Ethoxylated Sorbitan Esters Market Report”
Key insights:
• Food grade segment held the major share of the market in 2020, and the trend is expected to continue over the coming years
• Food & beverages segment accounted for the largest share of the market in 2020, and is likely to witness a significant CAGR from 2021-2027
• Europe held the majority share of the global market in 2020, however Asia-Pacific is expected to grow at a significant CAGR over the forecast period
Key players operating in the market include BASF S.E; Evonik Industries; Clariant AG; Croda International Plc; PolyOne Corporation; As hland Global Holdings Inc.; Mosselman S.A.; Akzo Nobel N.V; and Emery Oleochemical; among others.
Key questions Answered in the report:
• What is the current total market and projected growth for the Global Ethoxylated Sorbitan Esters Market from 2021 to 2027?
• Who are the major players in the Global Ethoxylated Sorbitan Esters Market?
• What shares do the major regional markets occupy?
• On what basis is the market segmented?
• How has the Global market for Ethoxylated Sorbitan Esters performed, and what are its key drivers?
• What is the degree of competition in the Global Ethoxylated Sorbitan Esters Market?
• What are the key strategies adopted by the players operating in the global ethoxylated sorbitan esters market?
The report examines and provides an extensive overview of the Global Ethoxylated Sorbitan Esters Market. The report identifies key industry trends, and covers Ethoxylated Sorbitan Esters Market landscape. The report builds a short- and long-term forecast model covering the period between 2017 to 2027.
For enquires related to the market research report, Contact:
QuantAlign Research
Email: info@quantalignresearch.com
US: +1-716-218-9921 / UK: +44-20-3239-1434
Related Reports:
Global Sorbitan Esters Market
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