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Humectants Market Is Predicted To Witness Growth Exponentially By 2032
Humectants Market
Humectants Market Size, Growth Rate, And Forecast
The global humectants market size is expected to grow from $26.59 billion in 2022 to $28.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The global humectants market size is expected to reach $37.93 billion in 2027 at a CAGR of 7.3%.
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Humectants Market Drivers
The rise in demand in cosmetics is expected to propel the growth of the humectants market. Humectant acts as a typical moisturizing ingredient employed in lotions, shampoos, and other cosmetics, that attracts moisture from the atmosphere into the skin's outer layer, so the rise in demand for cosmetics will propel the growth of the humectant market.
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Humectants Market Segments
• By Product: Sugar Alcohol, Alpha Hydroxy Acid, Glycols, Other Products
• By Source: Synthetic, Natural
• By Application: Food And Beverages, Oral And Personal Care, Pharmaceuticals, Animal Feed, Paint And Coating, Pesticides, Other Application
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the humectants market.
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Humectants Market Key Players
Major competitors in the humectants market include Ashland Global Holdings Inc., Barentz, Brenntag SE, Cargill Incorporated, DuPont Tate & Lyle Bio Products Company LLC, Ingredion Incorporated, Corbion N.V, The Lubrizol Corporation, Vantage Specialty Chemicals Inc., VMP Chemiekontor, Lipo Chemicals Inc., Ederma Pharma India Private Limited., 5M Biotech, Roquette Frères, and Xena International Inc.
The Business Research Company's "Global Humectants Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Humectants Market Include:
1. Executive Summary
2. Humectants Market Characteristics
3. Humectants Market Trends And Strategies
4. Humectants Market - Macro Economic Scenario
5. Humectants Market Size And Growth
……
26. Africa Humectants Market
27. Humectants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Humectants Market
29. Humectants Market Future Outlook And Potential Analysis
30. Appendix
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