Sorbitan Monolaurate Market Trends 2021| Segmentation, Outlook, Industry Report to 2027
Sorbitan is a generic name of anhydrides that are derived
from sorbitol. It is a crystalline hex hydric alcohol that occurs naturally
from seaweed, algae and fruits. It is an amber-coloured oily, viscous
liquid with a slight odour. Sorbitan
monolaurate is the mixture of the esters form of polyols, luric acid,
and fatty acids derived from the sorbitan and isosoribide. As a food additive
sorbitan monolaurate is designated with the E number E493.
Sorbitan fatty esters are known as sorbitan esters that are
highly safe to use as an ingredient in food and beverages as well as cosmetic
products. Sorbitan monolaurate is used as emulsifying and surfactants
agents in creams, ointments and emulsions in pharmaceuticals and cosmetics
products. Sorbitan monolaurate is alsoused to modify crystallisation of fats.
Furthermore, within the EU it is permitted as a food additive dietetic foods,
dietary food supplements, sugar confectionery including chocolate, chewing
gum, beverage whiteners, milk and cream analogues, and other food
products.
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Owing to its emulsifying properties there has been an increased demand for sorbitan monolaurate in cosmetic products, which is fuelling the growth of global sorbitan monolaurate market. Moreover, the increasing applications of sorbitan monolaurate in end user industries, due to extensive research and developments by the companies is further catalysing the growth of global sorbitan monolaurate market. Wide applications of sorbitan tristearate in bakery and confectionary is bolstering the global sorbitan monolaurate market growth and is anticipated to account for more than half of the market share in terms of volume as well as value.
Demand for sorbitan
monolaurate is also increasing in personal care industry as it used as
emulsifier in cosmetic products such as eye makeup, skin cleansing,
moisturizers and other skin care products.
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The global Sorbitan Monolaurate market is divided into seven
regions, namely North America, Latin America, Asia Pacific excluding Japan
(APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA).
). Europe is accounted as one of the largest market for sorbitan monolaurtae
and other food emulsifiers owing to the flourishing food and beverages market
in the region.
Increasing penetration of bakery and confectionary products
in Western Europe is expected to grow the global sorbitan monolaurate market
during the forecast period. Asia Pacific and Latin America are among the
emerging clusters of the globe, which are anticipated to witness an above
average CAGR over the forecast period. However, the global sorbitan monolaurate
market is expected to witness a steady growth by the end of 2027.
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Global Sorbitan Monolaurate Market: Key Players
Some of the key players in the global Sorbitan
monolaurate market are-
- Victorian
Chemical Company Pty Ltd
- Coast
Southwest, Inc.
- ERCA
SPA
- Coast
Southwest, Inc.
- Colonial
Chemical, Inc.
- Kawaken
Fine Chemicals Co., Ltd.
- Burlington
Chemical Company
- Fitz
Chem Corporation
- Kao
Chemicals
- ERCA
Group
- The
Dow Chemical Company
- Estelle
chemicals pvt., ltd.
- Guangzhou
Ruhana Food Additive Co., Ltd.
- Hangzhou
Funchan Food Additive Co., Ltd.
- Henean
Honest Food Co., Ltd.
- Triveni
chemicals
- Jeevika
Yugchem Private Limited
- Croda
India company pvt. Ltd.
- Kawaken
Fine Chemicals Co., Ltd.
- Flowers
Song Fine Chemical Co., Ltd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.
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