The global emulsifiers market size is expected to reach USD 13.08 Billion at a revenue CAGR of 6.3% in 2028, according to latest analysis by Emergen Research. Rapidly rising demand for convenience and processed foods, increasing oil and gas exploration and production activities, and increasing food demand globally are some key factors driving steady market revenue growth. Emulsifiers produced from natural and synthetic sources find extensive use as additives in processed foods, including baked goods, ice creams, and mayonnaise to prevent oil water separation, form a smooth texture, and extend shelf life.
Rising use of emulsifiers in industrial lubricants (such as metal working fluids) and cleaning agents is another factor driving market revenue growth. Emulsions enable metalworkers to leverage oil lubricating capability, along with cooling feature of water. Also, several household laundry detergents and cleaning agents contain surfactants to wash away oil dirt through emulsification. Many laundry detergents comprise a mixture of anionic and nonionic emulsifiers to remove textile stains.
The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Emulsifiers market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Emulsifiers industry. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period.
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Market Scope:
One of the report’s central components is the broad Emulsifiers market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Emulsifiers market players.
Some Key Highlights from the Report
In February 2020, Palsgaard, which is a company supplying food ingredients such as emulsifiers, made an announcement about the acquisition of Teknaroma, which is a company engaged in food ingredient distribution in Turkey. This acquisition by Palsgaard is intended to expand its sales footprint in Europe.
Among the product type segments, synthetic segment accounted for largest revenue share in 2020. Synthetic emulsifiers offer the benefit of ease of production at a lower cost. Also, as compared to bio-based emulsifiers, synthetic types are very versatile and effective in performance.
Among the industry vertical segments, cosmetics personal care segment revenue is expected to register a steady growth rate over the forecast period. Emulsifiers in personal care products help in producing a homogenous blend of oil and water by stabilizing the emulsion, and thus impacts formulation consistency. Creams, sprays, lotions, and foams are some cosmetic and personal care products in which emulsifiers are used.
Emulsifiers market in Europe accounted for largest revenue share in 2020, attributed to supportive legislation to encourage emulsifiers use in the food beverage industry and rising demand for personal care products in countries in the region. In addition, presence of leading market players such as BASF SE and Clariant AG is causative of steady market revenue growth.
Some major companies operating in the global market include Kerry Group, BASF SE, Cargill Inc., Evonik Industries AG, Clariant AG, AkzoNobel NV, Ingredion Inc., Solvay SA, Archer Daniels Midland Company, and Royal DSM.
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Emergen Research has segmented the global emulsifiers market on the basis of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Bio-Based
- Synthetic
Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
- Direct
- Indirect
Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Food Beverage
- Oil Gas
- Cosmetics Personal Care
- Agrochemical
- Pharmaceutical
- Paints Coatings
- Others
Key Points of Emulsifiers Market:
Extensive coverage of the analysis of the Emulsifiers market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Emulsifiers market
Complete data about the key manufacturers and vendors in the Emulsifiers market
Read More: https://www.emergenresearch.com/industry-report/emulsifiers-market
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