Global Esters Market Size study, by Product (Fatty Esters, Phosphate Esters, Acrylic Esters, Cellulose Esters, Allyl & Aromatic Esters, Others) by Application (Personal care, Food & beverages, Lubricants, Pharmaceuticals, Paints & coatings, Surfactants & detergents, Packaging, Automotive & transportation, Others) and Regional Forecasts 2022-2028
Global Esters Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Esters have a nice odour; those with a low molecular weight are often utilised as scents and can be found in essential oils and pheromones. They serve as high-grade solvents for a wide range of plastics, plasticizers, resins, and lacquers, and are one of the most common types of synthetic lubricants on the market. Growing usage in industrial fabrics, textiles, desktops, household goods, packaging, electrical insulation, and easy availability of a wide range of esters, as well as the growth of the manufacturing sector, are among the factors that tend to boost the growth of the esters market over the forecast period. The rising use of ester in beauty goods such as shower gels, shampoos, conditioners, and cosmetics such as lip products and blush are expected to drive market expansion over the forecast period. Furthermore, the significant demand for esters in the food and beverage industries is expected to drive market expansion. Rising ester manufacturing costs, as well as complex procedures and fluctuating raw material prices, are projected to stymie market expansion over the projection period. Ester producers, such as Procter & Gamble (P&G) and Dow Chemical, are actively engaged in product and technological advancements, R&D investments, and industrial collaborations to grow their product line in the global market. These issues are expected to restrain market expansion. The market for esters is predicted to develop as consumers become more aware of the benefits of natural esters. Additionally, increased customer demand for natural components will fuel product demand. Increased consumption and production of esters are predicted to improve multiple prospects, leading in market growth throughout the forecast period. However, rising ester manufacturing costs, as well as complex procedures and fluctuating raw material prices, restrict market progress over the forecast period of 2022-2028.
The key regions considered for the Global Esters Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America has risen to the top of the market. The increased usage of ester in beauty goods such as shower gels, shampoos, conditioners, and cosmetics like as lip gloss and blush are expected to drive market expansion. Furthermore, the significant demand for esters in the food and beverage industries is expected to drive market expansion.
Major market player included in this report are:
Procter & Gamble (P&G)
Evonik Industries
Sasol
PCC Chemax
Archer Daniels Midland
Honeywell
Dow Chemical
Parchem
Matrix Universal
Cayman Chemicals
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Fatty Esters
Phosphate Esters
Acrylic Esters
Cellulose Esters
Allyl & Aromatic Esters
Others
By Application:
Personal care
Food & beverages
Lubricants
Pharmaceuticals
Paints & coatings
Surfactants & detergents
Packaging
Automotive & transportation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Esters Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Procter & Gamble (P&G)
Evonik Industries
Sasol
PCC Chemax
Archer Daniels Midland
Honeywell
Dow Chemical
Parchem
Matrix Universal
Cayman Chemicals
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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