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Polysorbate 40 Market

Market Insights on Polysorbate 40 covering sales outlook, demand forecast & up-to-date key trends

Polysorbate 40 Market Research Report by End-use Industry (Food and Beverage, Textile, Personal care, Pharmaceutical, Cosmetics, and Others), by Application (Penetrant, Antistatic Agent, Surfactants, Dispersant, Levelling Agent, Lubricant, and Emulsifiers), by Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA)

Polysorbate 40 Market Outlook

According to the research of Future Market Insights, the market for Polysorbate 40 is anticipated to expand at a CAGR of 5.0% over the forecasted period. According to projections, the industry would be worth US$ 1,305.0 Mn by 2032, up from US$ 801.1 Mn in 2022. At the end of 2021, the Polysorbate 40 Market was valued at US$ 773.3 Mn.

Market Size Value in 2022

US$ 801.1 Mn

Market Forecast Value in 2032

US$ 1,305.0 Mn

Global Growth Rate (2022-2032)

5.0%

Forecast Period

2022-2032

Global Market Share of US, Germany, Japan, and Australia

69.4%

A non-ionic, hydrophilic surfactant called Polysorbate 40 is created when polyol and sorbitol react with ethylene oxide. The polyoxyethylene sorbitan is then subjected to a reaction with fatty acids, producing polyoxyethylene sorbitan mono-oleate. Vegetable fats and oils such oleic acid, stearic acid, palmitic acid, and lauric acid are sources of fatty acids. Polyoxyethylene sorbitan mono-oleate and polyoxyethylene (20) sorbitan monopalmitat are other names for it.

Polysorbate 40 is used in a variety of applications, including surface coating antistatic agents, emulsifier for water-based metal process cutting fluids, emulsifier for agrochemical adjuvant, stabiliser for emulsion polymerizations, stabiliser for colour materials, emulsifier for medicines, perfumes solubilizer, detoxifying agent in shampoos, and emulsifier and conditioning agent in cosmetics.

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Historical Outlook versus Future Projections for Polysorbate 40 Market

The Global Market for Polysorbate 40 increased from US$ 648.0 Mn to US$ 773.3 Mn between 2016 and 2021 with a CAGR of 3.6%.

The historical outlook for the polysorbate 40 market reveals a steady growth in demand for the product over the past few years. This is largely due to the fact that polysorbate 40 is used in a wide range of industries, including food and beverage, cosmetics, and pharmaceuticals.

Looking to the future, it is expected that the demand for polysorbate 40 will continue to grow at a steady rate. This is due to the fact that it is a versatile and essential ingredient in many industries. Moreover, as more companies adopt green and sustainable practices, it is likely that polysorbate 40 will become even more popular as it is a natural and biodegradable product.

During the forecast period, the global Polysorbate 40 Market is anticipated to grow from US$ 801.1 Mn in 2022 to US$ 1,305.0 Mn by 2032 with a healthy CAGR of 5.0%.

Country-wise Insights

How is the U.S Polysorbate 40 Market Shaping?

US accounted for 32.0% of the global market with a value of US$ 256.4 Mn in 2022. The U.S. Polysorbate 40 Market is currently in a state of flux, with several new entrants looking to challenge the incumbents. This has led to a lot of innovation and product development in the space, which is benefiting consumers.

One of the key trends shaping the market is the move towards natural and organic products. This is being driven by consumer demand, as more people are looking for ways to improve their health and wellbeing. Polysorbate 40 is a synthetic ingredient, so there is a growing demand for alternatives that are free from harmful chemicals. Another trend that is having an impact on the market is the rise of e-commerce.

How is India performing in the Polysorbate 40 market?

The India Polysorbate 40 Market will grow at 5.3% CAGR during the forecast period of 2022 to 2032. India is the world’s largest producer of Polysorbate 40. The country has a well-established manufacturing base and is capable of producing high-quality Polysorbate 40. In recent years, India has been working to improve its position in the global Polysorbate 40 market and has made significant progress in terms of production and exports. The country has a strong export market for Polysorbate 40, with major destinations being the United States, China, and Europe. India’s export volume is expected to grow in the coming years as demand for the product increases globally.

What is China's position in the Polysorbate 40 market?

The China Polysorbate 40 Market will grow at 6.2% CAGR during the forecast period of 2022 to 2032. The majority of China's production is consumed domestically, with only a small amount being exported. China is currently the world's largest producer of Polysorbate 40.

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Category-wise Insights

What are the types of form of polysorbate 40?

There are two main types of Polysorbate 40, the powder and liquid form. The powder form is a white, odourless powder that is insoluble in water. It is often used as an emulsifier, dispersing agent, or solubilizer in cosmetics and pharmaceuticals. The liquid form is a clear, colourless liquid that is soluble in water. It is often used as a surfactant, emulsifier, or solubilizer in cleaning products, cosmetics, and pharmaceuticals.

How do Cosmetics and Personal care products stimulate the demand for polysorbate 40?

The cosmetics and personal care industry has long been one of the biggest users of Polysorbate 40. This synthetic ingredient is a surfactant, which means it helps to reduce the surface tension of liquids. This makes it useful in products like shampoos and conditioners, where it can help to create a richer lather. It is also often used in creams and lotions as an emulsifier, helping to keep oil and water-based ingredients from separating.

Polysorbate 40 is considered safe for use in cosmetics, and is approved for use by both the European Union and United States FDA. However, some consumers are concerned about its potential health effects, as it is derived from petroleum products. As a result, the market for Polysorbate 40-free personal care products is growing.

Why is Polysorbate 40 demanded by the Food and Beverage industry?

Polysorbate 40 is a non-ionic surfactant and emulsifier derived from sorbitol and ethylene oxide. It is used in a wide range of food and beverage applications such as baked goods, desserts, sauces, salad dressings, and dairy products. The growing demand for processed and packaged food is one of the major factors driving the growth of the polysorbate 40 market for the food and beverage industry. The growing population, particularly in developing countries, is also leading to an increased demand for processed food. In addition, the changing lifestyle of consumers has resulted in an increased demand for convenience foods.

What are the various applications of Polysorbate 40?

Polysorbate 40 is an amphiphilic compound used as a surfactant, emulsifier, and solubilizer in various industries such as cosmetics, pharmaceuticals, food & beverage, and others. It is extensively used as a lubricant and dispersant in different industries. The major applications of polysorbate 40 include cream & lotions, hair care products, makeup products, oral care products, and others.

Competitive Landscape

The global polysorbate 40 market is highly competitive owing to the presence of a large number of manufacturers in the market. The manufacturers are focused on expanding their production capacities to meet the rising demand for polysorbate 40. The leading players in the market are, Evonik Industries AG, Akzo Nobel N.V., Lonza Group, and Sinopharm Chemical Reagent Co, Ltd. These companies hold a significant share in the global market due to their strong brand equity, wide product portfolio, and extensive geographical presence.

Similarly, recent trends, drivers of the market, restraints of the market, strengths and weaknesses are analysed and have been tracked by the FMI, which are available in the full report.

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Polysorbate 40 Market Report Scope

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2022

Market Analysis

USD Mn for Value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

Key Countries Covered

  • India
  • US
  • Germany
  • China
  • UK
  • Japan
  • Denmark
  • Canada
  • Thailand
  • Malaysia
  • Mexico
  • Poland
  • Turkey
  • Vietnam
  • Indonesia
  • Cambodia
  • France
  • Italy
  • Spain
  • South Korea
  • Russia
  • Australia
  • Brazil
  • Argentina
  • South Africa

Key Segments Covered

  • End-use Industry
  • Application
  • Region

Key Companies Profiled

  • Kao Corporation
  • Mohini Organics
  • Sinopharm Chemical Reagent Co, Ltd.
  • J & K SCIENTIFIC LTD
  • Fine Organics
  • Zhejiang Taizhou TU-POLY
  • Lonza Group
  • Adamas Reagent, Ltd.
  • TCI Development Co., Ltd
  • Akzo Nobel N.V
  • Evonik Industries AG

Report Coverage

DROT Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Polysorbate 40 Market by Category

By End-use Industry, Polysorbate 40 Market is segmented as:

  • Food and Beverage
  • Textile
  • Personal care
  • Pharmaceutical
  • Cosmetics
  • Others
    • Herbicides
    • Insecticides
    • Polishes

By Application, Polysorbate 40 Market is segmented as:

  • Penetrant
  • Antistatic Agent
  • Surfactants
  • Dispersant
  • Levelling Agent
  • Lubricant
  • Emulsifiers

By Region, Polysorbate 40 Market is segmented as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

Frequently Asked Questions

The Polysorbate 40 Market will reach nearly US$ 801.1 Mn by 2022.

The Polysorbate 40 Market is expected to rise at a CAGR of 5.0%.

US, India, China, Germany, and Switzerland are the major countries driving the demand for Polysorbate 40 Market.

The China Polysorbate 40 Market will grow at 6.2% CAGR between 2022 and 2032.

The India Polysorbate 40 Market will grow at 5.3% CAGR between 2022 and 2032.

The UK Polysorbate 40 Market will grow at 4.9% CAGR between 2022 and 2032.

Fine Organics, Lonza Group, Sinopharm Chemical Reagent Co, Ltd, Evonik Industries AG and Kao Corporation are the companies dominating the Polysorbate 40 Market.

The global demand for Polysorbate 40 Market is forecasted to surpass US$ 1,305.0 Mn by the year 2032.

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Nandini Roy Choudhury
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