Sorbitan Esters Market Analysis and Forecast Study for 2016-2026
The global sorbitan esters market is primarily driven by the increasing demand for personal care products and consumer care products. Besides, standards from FDA, also aid in the growth of sorbitan esters market. Growth in a bakery and confectionary industry also boost the global sorbitan esters market since it is widely used as emulsifiers in ice-creams and other confectionary products.
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The global sorbitan esters market is segmented on the basis of sorbitan ester type, application and end user.
Based on the sorbitan ester type, the global sorbitan esters market is segmented into:
Sorbitan monostearate (SMS)
Sorbitan monopalmitate (SMP)
Sorbitan monolaurate (SML)
Based on the application, the global sorbitan esters market is segmented into:
Skin care creams and lotions
Based on the end user, global sorbitan esters market is segmented into:
Bakery and Confectionary
The global sorbitan ester market is geographically divided into five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.North America holds a major share of sorbitan esters market in terms of consumption. The presence of companies such as L'Oreal, Unilever, Procter and Gamble boost the sorbitan esters market. Followed by North America is Europe, APAC, Latin America and MEA.
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Some of the key players identified in the global sorbitan esters market are Croda International Plc, Lonza, World Chem Industries, KLK OLEO, Mohini Organics Pvt. Ltd, Estelle Chemicals Pvt. Ltd. etc.
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