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Polyoxyethylene Sorbitan Monostearate Market to Witness Exponential Growth by 2027

02-23-2018 10:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Emulsifiers are hydrophilic and hydrophobic in nature. Emulsifiers are used across various industrial applications. Polyoxyethylene sorbitan monostearate is yellowish-brown emulsifier, which is obtained through the reaction between ethylene oxide, sorbitol along with anhydrides and commercially edible stearic acid, obtained from vegetable fats and oils. Polyoxyethylene sorbitan monostearate is commonly known as polysorbate 60 which is characterised as synthetic compound. Polyoxyethylene sorbitan monostearate is extensively used as emulsions as they help to reduce the surface tension of the constituents that needs to be emulsified. Polyoxyethylene sorbitan monostearate being a non-ionic emulsifier, it is used to disperse oil in water and acts as a surfactant and thus finding extensive use in pharmaceutical and cosmetics industry.

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Global Polyoxyethylene Sorbitan MonostearateMarket: Drivers and Restraints

Increasing demand for compounds with versatile properties among manufacturers represents opportunitisc platform for the growth of polyoxyethylene sorbitan monostearate market. In food and beverage industry it offers broad spectrum of applications such as it prevents staling of the baked products, being emulsifier it helps prevent oil separation from artificial whipped cream and helps to stabilise the colour additives along with other ingredients throughout the mixture. Thereby enhancing the texture and quality of food products, contributing to the growth of polyoxyethylene sorbitan monostearate market. Characteristics properties of polyoxyethylene sorbitan monostearate such as thickening agents and ability to reduce surface tension is widely used in skin care formulas and other personal care products such as lotions, shampoos, creams and fragrance powders among others. With increasing inclination of consumers towards better and enhanced personal care products, demand for polyoxyethylene sorbitan monostearate as thickening agent is expected to grow significantly in the forthcoming years.Moreover, due to other peculiar properties of polyoxyethylene sorbitan monostearate such as lubricating agents and gelling agents, it is predominantly used in the manufacturing of pills and capsules and also helps to prolong the shelf life of certain medicines. Hence, spurring the demand for polyoxyethylene sorbitan monostearate market across industrial applications.

However, excessive consumption of products containing polyoxyethylene sorbitan monostearate may cause diarrhoea, abdominal discomfort among others. Hence, may affect the growth of polyoxyethylene sorbitan monostearate market. Moreover, polyoxyethylene sorbitan monostearate may have animal derived source, hence vegan population may abstain from consumption of such products. Thereby, hampering the growth of polyoxyethylene sorbitan monostearate market.

Global Polyoxyethylene Sorbitan MonostearateMarket: Segmentation

On the basis of end-use, polyoxyethylene sorbitan monostearatemarket is segmented into:-

Food & Beverage

Personal Care

Pharmaceutical

Textile

Others

On the basis of applications, polyoxyethylene sorbitan monostearateis segmented into:-

Emulsifier

Stabilizing agent

Thickening agents

Gelling agents

Lubricants

On the basis of form, polyoxyethylene sorbitan monostearateis segmented into:-

Liquid

Paste

Global Polyoxyethylene sorbitan monostearateMarket: Region wise Outlook

The global polyoxyethylene sorbitan monostearatemarket is categorised into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Japan, Latin America and North America. North America accounts for major share of the polyoxyethylene sorbitan monostearate market. With increasing inclination of consumers towards personal care products and processed food, demand for emulsifying agents and gelling agents is expected to increase significantly, thereby, propelling the growth of polyoxyethylene sorbitan monostearate market. Asia Pacific represents opportunistic platform for the growth of polyoxyethylene sorbitan monostearate market. Growth of Polyoxyethylene sorbitan monostearate market in Asia Pacifc is due to flourishing trade options along with increasing demand for compounds with versatile characteristics among end user industries.

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Global Polyoxyethylene sorbitan monostearateMarket: Key Players

Some of the prominent players identified in the global polyoxyethylene sorbitan monostearatemarket includes

Kao Group

Sigma-Aldrich Co. LLC.

Sisco Research Laboratories Pvt. Ltd.

Merck KGaA

Spectrum Chemical Manufacturing Corp.

Amresco LLC

Croda International Plc

Evonik Industries AG

CISME ITALY S.R.L.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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