The modern-day document posted via Report Ocean, titled “Humectants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global humectants market was valued at $17,800 million in 2016, and is expected to reach $29,500 million by 2023, registering a CAGR of 7.2% during 2017-2023. Humectants are substances that are used in numerous applications for promoting retention of moisture. Humectants attract and retain the moisture in the air in the surroundings through absorption as well as drawing the water vapor inside or beneath the organism’s or object’s surface. These are sometimes used as an antistatic coating for plastics, while as a food additive in food & beverages applications for retaining the moisture. In pharmaceutical and cosmetics applications, humectants can be used in topical applications to increase the solubility of the active ingredients of a chemical compound.
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The global humectant market is driven by increase in use of humectant for extending the shelf life of products, retaining moisture, and increasing effectiveness of perishable products. Increase in demand for humectants in food & beverages applications along with rise in demand from cosmetics & change in lifestyle drives the global humectants market. As humectants are the derivatives of petroleum products, volatility in crude oil prices could hamper the global market growth.
The global humectants market is segmented on the basis of type, application, and region. On the basis of type, the market is categorized into sugar alcohol, alpha hydroxy acid & polysaccharides, glycols, and others. On the basis of application, the market is segmented into food & beverages, oral & personal care, pharmaceuticals, animal feed, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
Comprehensive competitive analysis and profiles of the following players are provided in the report.
Archer Daniels Midland Company
Ashland Global Holdings Inc.
BASF SE
Barentz
Brenntag AG
Cargill Incorporated
E. I. Du Pont De Nemours and Company
Ingredion Incorporated
Roquette Freres
The DOW Chemical Company
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends and dynamics of the global humectants market.
In-depth analysis of all regions is conducted by constructing market estimations of key segments between 2017 and 2023 to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the competitive environment across the globe.
Extensive analysis of the market is conducted by following key player positioning and monitoring the top competitors within the market framework.
KEY MARKET SEGMENTS
By Type
Sugar Alcohol
Alpha Hydroxy Acid & Polysaccharides
Glycols
Others
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By Application
Food & Beverages
Oral & Personal Care
Pharmaceuticals
Animal Feed
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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