Emulsifiers Market Overview:
Emulsifiers market will cross USD 8.5 Bn by 2022 growing at a CAGR of approximately 7%.
Emulsifiers are predominantly utilized in numerous application such as personal care, food & beverage, pharmaceuticals, agrochemicals, and others. Emulsifiers market is predicted to witness moderate growth due to rising demand for premium food products and convenience foods across the globe. Furthermore, increasing trend for maintaining health consciousness, especially with respect to consumption of food has provided a new momentum for the growth of the market.
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Emulsifiers Market Key Players:
Some of the key players in this market are Cargill, BASF SE, Evonik Industries, DOW Corning, DSM Nutritional, Lubrizol Advanced Materials, Stepan Company, Lonza, Solvay, Spartan Chemical Company and others.
Emulsifiers Market Regional Analysis:
Geographically, North America emerged as the largest market for emulsifiers in 2016 and is expected to retain its dominance over the forecast years due to increasing demand from food & beverage and pharmaceutical sector. In North America, U.S. and Canada are among the major contributor in the regional market growth on account of robust consumer base for personal care and food & beverage products. Asia Pacific is predicted to witness healthy growth due to increasing demand from various end use industries specifically in China, India, Japan, Vietnam, Thailand, Malaysia, Taiwan, and South Korea. In Addition, economic growth in this region along with rapid industrialization has enabled greater production and sales of cosmetic and personal care products. Moreover, increasing demand for good quality food along with rising utilization of emulsifier in the manufacturing of agrochemicals is estimated to drive the growth of the market.
The Middle Eastern & African market is estimated to register above average growth on account of continuous growth of pharmaceutical and food & beverage industries specifically in Qatar, Turkey, the United Arab Emirates, Oman, and Saudi Arabia. Latin American countries such as Brazil, Argentina, and Mexico is estimated to register moderate growth due to rising disposable income along with strong consumer base for personal care industry.
Emulsifiers Market Table of Content:
1 Report Prologue
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
Emulsifiers Market Table of Content to be Continue….,
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