Press release
Humectants Market: Increasing demand from Cosmetics, Pharmaceuticals industry will drive the market during forecast period| Archer Daniels Midland Company, BASF, Cargill among Others
Humectants Market to show a stable growth in upcoming yearsThe Humectants Market is projected to register high demand during the forecast period with increasing demand from major application such as hair care products, oral, animal feed, pharmaceuticals, food & beverages, personal care products and others.
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Humectants are a group of hygroscopic substances used for keeping things clean. As they retain moisture, they are important ingredients in skincare and hair care products. Humectants transfer and maintain humidity from air by absorbing or drawing water vapor below into the surface of the organism or the material. They consist primarily of several hydrophilic groups including amines, hydroxyl and carboxyl groups.
Rising demand from the cosmetics industry is expected to drive the humectants market. These help to keep the skin moisturized and they are used in many of the skin care products including body lotions, creams, body wash, hair conditioner, lip balm etc.
Segmentation for better understanding of this market and its growth prospects:
Humectants market has been segmented based on, source (natural, synthetic and others), type (glycols, glycerol, alpha hydroxyl acid & polysaccharides, sugar alcohol, MP-DIOL, sorbitol and others), application (hair care products, oral, animal feed, pharmaceuticals, food & beverages, personal care products and others) and region.
By source, synthetic humectants dominated the global market in 2016 because of their widespread use in major end-use industries such as food & beverages, cosmetics, and oral & personal care products, whereas, natural humectants are projected to grow at a higher CAGR over the forecast period.
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By application, food & beverages segment is projected to hold major market share during the forecast period. Specific factors, such as extending the shelf-life of the drug, increasing the effectiveness of the product and preserving moisture, drive the humectants market for in the food & beverage segment.
Some of the key Impact Factors:
o Major climatic changes
o Increasing usage in medicines
o The growth of the humectants in the food products
Regional distribution and potential areas for growth:
On the basis of the region, the humectants market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, &the Rest of the World.
The Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, with India being the region's fastest-growing market. In India, diabetes and obesity are mostly related to unhealthy eating habits. Awareness among the country's sugar consumers about its health risks has fuelled the growth of low-or zero-calorie foods developed using polyols like sorbitol, mannitol, maltitol, and xylitol. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on.
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North America and Western Europe being some of the major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.
Companies Covered: Archer Daniels Midland Company, Ashland Global Holdings Inc, BASF SE, RoquetteFreres, VMP Chemiekontor GmbH, Barentz, Cargill Incorporated, and Dow Du Pont.
Market Segmentation:
By Source :
o Natural
o Synthetic
o Others
By Type:
o Glycols
o Glycerol
o Alpha Hydroxy Acid(AHAs) & Polysaccharides
o Sugar Alcohol
o MP Diol
o Sorbitol
o Others
By Application:
o Hair Care Products
o Oral
o Animal Feed
o Pharmaceuticals
o Food & Beverages
o Personal Care Products
o Others
By Region:
North America
o By Country (US, Canada, Mexico)
o By Source
o By Type
o By Application
Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
o By Source
o By Type
o By Application
Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Source
o By Type
o By Application
Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Source
o By Type
o By Application
Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Source
o By Type
o By Application
Rest of the World
o By Region (South America, Africa)
o By Source
o By Type
o By Application
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Office No- A109,
Pune, Maharashtra 411028
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