Polysorbate-80 Market To Increase at Steady Growth Rate 2016-2026
Polysorbate80 is also used in ice cream preparation as it prevents the ice cream from melting rapidly. It is also used in formulating influenza vaccines.
Polysorbate-80 Market: Drivers & Restraints
The continuous rise in demand from the end use industry such as pharmaceuticals, food & beverages, personal care & cosmetics, plays a vital role in the growth of the global polysorbate market. Today the market is also experiencing a huge demands for the bio based products, which is also contributing to the growth of the global polysorbate market. Increasing awareness about the use of quality skin care products is a major driver for the industry.
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Polysorbate-80 is normally extracted from natural sources such as; turkey-red oil and coconut oil. Depletion of such natural resources might prove to be a major constraint for the market globally. Polysorbate-80 in some case has caused skin irritation and other minor skin disorders. These side effects could also act as a restraints in this market.
Availability of cheap and synthetic substitutes, mainly in the form of borax & sodium borate could act as a potential threat for the market globally.
Polysorbate-80 Market: Segmentation
The global polysorbate-80 market is broadly segmented on the basis of source, and application. On the basis of source, it is further be segmented into; plants source, animals source & synthetic source. Plant source is further bifurcated into palm, olive, bay tree, etc. Animal sources can be further segmented into cow fat, sheep fat, pig fat, etc.
On the basis of application, the global polysorbate-80 market can be segmented into food & beverages, pharmaceuticals and personal care & cosmetics.
Polysorbate-80 Market: Region Wise Outlook
Geographically, the polysorbate-80 market is segmented into seven regions which are; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.
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Polysorbate-80 Market: Key Players
Some of the key players across the value chain dominating this market are; Lotion crafter LLC, Croda International plc, Mohini Organics Pvt. Ltd., Huyze Bladelin, Solenis, Croda International, Camden-grey Essential Oils, Mohini Organics Pvt. Ltd., M S Mehta & Co, Shine-Sarod Nigeria Limited, Chimi Gostaran Saba ( C. G. S. ), Reachin Chemical Co., Ltd. Guangzhou Runhua Food Additive Co., Ltd, Wmc marketing, Gulf Care Factory, and Mukasa Distributors Ltd.
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