In 2022, the value of the global Polysorbate-80 market was estimated to be US$ 352.2 Million. It is assumed that the market for PS80 is expanding more quickly because there is a greater supply of bio-based goods available and more people are aware of the value of skincare products. Between 2022 and 2032, it is predicted that sales of all Polysorbate-80 products would increase at a strong CAGR of 6.5%, reaching a total of about US$ 661.1 Million.
Polysorbate-80 (PS80), also known as “tween 80” is a fatty acid esters of Polyoxyethylene Sorbitan. PS80 consist of a heterogeneous chemical structure distribution. PS80s are commonly used as non-ionic surfactants in the formulation of bio therapeutic products to prevent surface adsorption and stabilize protein against aggregation induced by stresses such as agitation and shear. It is widely used in food preparation, pharmaceuticals, and personal care and beauty products, such as cold creams, baby lotions, bath oils, and suntan lotions.
Polysorbate80 is also used in ice cream preparation as it prevents the ice cream from melting rapidly. It is also used in formulating influenza vaccines.
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Polysorbate-80 Market: Drivers & Restraints
The continuous rise in demand from the end use industry such as pharmaceuticals, food & beverages, personal care & cosmetics, plays a vital role in the growth of the global polysorbate market. Today the market is also experiencing a huge demands for the bio based products, which is also contributing to the growth of the global polysorbate market. Increasing awareness about the use of quality skin care products is a major driver for the industry.
Polysorbate-80 is normally extracted from natural sources such as; turkey-red oil and coconut oil. Depletion of such natural resources might prove to be a major constraint for the market globally. Polysorbate-80 in some case has caused skin irritation and other minor skin disorders. These side effects could also act as a restraints in this market.
Availability of cheap and synthetic substitutes, mainly in the form of borax & sodium borate could act as a potential threat for the market globally.
Polysorbate-80 Market: Region Wise Outlook
Geographically, the polysorbate-80 market is segmented into seven regions which are; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.
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Polysorbate-80 Market: Key Players
Some of the key players across the value chain dominating this market are; Lotion crafter LLC, Croda International plc, Mohini Organics Pvt. Ltd., Huyze Bladelin, Solenis, Croda International, Camden-grey Essential Oils, Mohini Organics Pvt. Ltd., M S Mehta & Co, Shine-Sarod Nigeria Limited, Chimi Gostaran Saba ( C. G. S. ), Reachin Chemical Co., Ltd. Guangzhou Runhua Food Additive Co., Ltd, Wmc marketing, Gulf Care Factory, and Mukasa Distributors Ltd.
Regional analysis for Polysorbate-80 Market includes
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
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The report is a compilation of information, qualitative and quantitative research by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Polysorbate-80 Market: Segmentation
The global polysorbate-80 market is broadly segmented on the basis of source, and application.
On the basis of source, it is further be segmented into;
- plants source
- animals source
- synthetic source
- palm
- olive
- bay tree, etc
- cow fat
- sheep fat
- pig fat, etc
On the basis of application, the global polysorbate-80 market can be segmented into
- food & beverages
- pharmaceuticals
- personal care & cosmetics
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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