Polysorbate Market Outlook, Trend, Source, Application, End-use Industry, Top Companies, Regional Growth, and Forecast, 2021-2031

Allied Market Research published a new report, titled, "Polysorbate Market by Source (Plant, Animal, Synthetic), by Grade (Polysorbate 20, Polysorbate 40, Polysorbate 60, Polysorbate 80), by End-use (Food and Beverages, Pharmaceutical, Cosmetics and Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report published by Allied Market Research, Global Polysorbate market generated $0.8 billion in 2021, and is projected to exceed $1.4 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

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Based on region, the market across the Asia-Pacific region held the major market share in 2021, accounting for more than one-third of the global polysorbate market share, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 6.1% during the forecast period. The report also analyses other regions such as Europe, North America, and LAMEA.

In terms of end-use, the cosmetics and personal care segment held the major market share in 2021, capturing more than one-third of the global polysorbate market share, and is expected to maintain its leadership status during the forecast period. The pharmaceutical segment, on the other hand, is expected to cite the fastest CAGR of 5.6% during the forecast period.

Based on the source, the synthetic segment held the largest market share in 2021, holding more than two-fifths of the global polysorbate market share, and is expected to maintain its leadership status during the forecast period. The same segment, on the other hand, is expected to cite the highest CAGR of 5.5% during the forecast period. The report also includes other segments such as plant and animal segments.

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On the basis of grade, the polysorbate 60 segment held the major market share in 2021, grabbing nearly two-fifths of the global polysorbate market share, and is expected to maintain its leadership status during the forecast period. The same segment, on the other hand, is expected to cite the fastest CAGR of 5.7% during the forecast period. The report also includes other segments such as polysorbate 20, polysorbate 40, and polysorbate 80 segments.

The key players analyzed in the global polysorbate market report include Aceto Pharma Private Ltd., Alfa Aesar, BASF SE, Croda International Plc, Estelle Chemicals Pvt. Ltd., Evonik Industries AG, Guangdong Huana Chemistry Co., Ltd., Lanxess AG, Matangi Industries LLP, Merck KGaA, Mohini Organics Pvt. Ltd., Niram Chemicals, Otto Chemie Pvt. Ltd., TCI America, Inc., and Venus Ethoxyethers Pvt. Ltd.

The report analyzes these key players in the global polysorbate market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report helps in analyzing recent developments, product portfolios, business performance, and operating segments by prominent players in the market.

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