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Sorbitan Trioleate Market Size, Current Trends, Opportunities Forecast to 2027

03-09-2018 06:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

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Sorbitan Trioleate Market Size, Current Trends, Opportunities

Global Sorbitan Trioleate Market: Overview

Sorbitan esters also known as sorbitan fatty acids are derived from the mixture of mono, di and tri esters. Sorbitan esters are widely used as surfactant and emulsifiers across various industries. Sorbitan trioleate is the tri ester derived from reaction between oleic acid and sorbitol along with its mono and di anhydrides. Oleic acid can be obtained from animal or plant source.

Sorbitan trioleate is obtained through the process of saponification and esterification. Sorbitan trioleate finds various industrial applications such as antioxidant, emulsifier and surfactant. Sorbitan trioleate exhibit complex mixture of molecules which is characterised by yellowish or brownish appearance and is highly soluble. At 25 C it turns into oily, viscous liquid. Sorbitan trioleate finds extensive use in various skin care products such as cleansing products, moisturiser among others.

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Global Sorbitan Trioleate Market: Drivers and Restraints

With increasing demand for compounds with versatile properties among manufacturers provides a potential scope for the growth of sorbitan trioleate market. In food and beverage industry it offers broad spectrum of applications such as it act as emulsifier which helps to preserve the mixtures which are not being able to mix well such as oil and water, it also act as stabiliser that helps in uniform dispersal of food components. Thereby enhancing the texture and quality of food products, contributing to the growth of sorbitan trioleate market. Apart from food industry sorbitan trioleate is extensively used in cosmetic and pharmaceutical industry as it helps to stabilise the colour materials and also helps to stabilise emulsion polymerisation. Therefore, with increasing inclination of consumers towards personal care products, demand for sorbitan trioleate is expected to grow significantly among the manufacturers in personal care industry. Moreover, due to other peculiar properties of sorbitan trioleate, it is predominantly used as emulsifier in the manufacturing of agrochemicals and also acts as antistatic agents in the manufacturing of water based metal processes and surface coating agent. Hence, spurring the demand for sorbitan trioleate market in various other industrial applications.

However, excessive consumption of products containing sorbitan trioleate may cause diarrhoea, abdominal discomfort among others. Hence, lack of label warning by the manufacturers may affect the growth prospects of sorbitan trioleate market. Moreover, sorbitan trioleate may have animal derived oleic acid, hence vegan population may abstain from its products. Thereby, hampering the growth of sorbitan trioleate market. Furthermore, there are many other variants of sorbitan esters available in the market offering broad specture of applicability which can further hinder the growth of sorbitan trioleate market, due to increased competitive landscape for the manufacturers of sorbitan trioleate.

Global Sorbitan Trioleate Market: Key Players

Some of the prominent players identified in the global sorbitan trioleate market includes: Sigma-Aldrich Co. LLC., Carbosynth Limited, Spectrum Laboratory Products, Inc., Iro Group Inc., Kao Corporation, Nikko Chemicals Co., Ltd., Redox Pty Ltd, Glenn Corporation, Vantage Specialty Chemicals, Inc., VWR International, LLC.

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Global Sorbitan Trioleate Market: Region wise Outlook

The global sorbitan trioleate market 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 sorbitan trioleate market. With increasing inclination of consumers towards personal care products and processed food, demand for emulsifying agents and surfactant is expected to increase significantly, thereby, propelling the growth of sorbitan trioleate market. Asia Pacific represents potential platform for the growth of sorbitan trioleate market. As Asia Pacific region offers flourishing trade options along with increasing demand for compounds with versatile characteristics among end user industries which provides explorative growth of sorbitan trioleate market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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