Global Sorbitan Esters Market Size study, by Grade (Food Grade, Pharmaceutical Grade, Industrial Grade) by Form (Liquid, Semi Solid, Solid) by Product Type (Sorbitan Tristearate, Sorbitan Monostearate, Sorbitan Monooleate, Sorbitan Trioleate, Sorbitan Monopalmitate, Sorbitan Monolaurate, Sorbitan Sesquioleate) by End Use Industries (foods & beverages, Cosmetics & personal care, Pharmaceuticals, lubricants and Waxes, Animal Nutrition and Pet Food, Industrial, Textiles) and Regional Forecasts 2022-2028Global Sorbitan Esters Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Sorbitan esters are known as nonionic surfactants that are used as emulsifying agents in the preparation of creams, and ointments for pharmaceutical and cosmetic use. Sorbitan esters are also used as stabilizers in the food and beverages industry. In construction industry, it plays the role of additives for concrete, mortars, and sealants. Growing cosmetics & personal care Industry and rising demand of plant- based ingredients are key drivers for the growth of Sorbitan Esters market. For instance, according to Plant based Food Association (PBFA) & Good Food Institute (GFI)- In 2020 total plant-based food market valued at USD 7 billion, indicating a growth rate of above 27% from value of USD 5.5 billion in 2019. In the year 2020, 57 percent of all U.S. households around 71 million purchased plant-based foods as compared to 53 percent household in 2019. Also, with growing demand from textiles, leather & construction sector and increasing application of Sorbitan Esters in Pharmaceuticals, the adoption & demand for Sorbitan Esters is likely to increase the market growth during the forecast period. However, leakage issues in storage of Sorbitan Esters impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Sorbitan Esters market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and favorable government policies in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such growing processed food industry in the region would create lucrative growth prospects for the Sorbitan Esters market across Asia-Pacific region.

Major market player included in this report are:
Danisco
Merck KGaA
Oleon N.V.
Ivanhoe industries, Inc.
Vantage Specialty Chemicals, Inc.
LEUNA-Tenside GmbH
Union Derivan
S.A., Sabo S.p.A.
SEPPIC
Ethox Chemicals, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Grade:
Food Grade
Pharmaceutical Grade
Industrial Grade
By Form:
Liquid
Solid
Semi Solid
By Product Type:
Sorbitan Tristearate
Sorbitan Monostearate
Sorbitan Monooleate
Sorbitan Trioleate
Sorbitan Monopalmitate
Sorbitan Monolaurate
Sorbitan Sesquioleate
By End Use Industries:
foods & beverages
Cosmetics & personal care
Pharmaceuticals
lubricants and Waxes
Animal Nutrition and Pet Food
Industrial
Textiles
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Sorbitan Esters Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Danisco
Merck KGaA
Oleon N.V.
Ivanhoe industries, Inc.
Vantage Specialty Chemicals, Inc.
LEUNA-Tenside GmbH
Union Derivan
S.A., Sabo S.p.A.
SEPPIC
Ethox Chemicals, LLC