U.S. Esters Market Overview Sales, Cost and Capacity Forecast To 2022
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U.S. <strong>Esters</strong> <strong>Market</strong> <strong>Overview</strong> | <strong>Sales</strong>, <strong>Cost</strong> <strong>and</strong> <strong>Capacity</strong> | <strong>Forecast</strong><br />
<strong>To</strong> <strong>2022</strong><br />
“Global U.S. <strong>Esters</strong> <strong>Market</strong> report includes in-depth analysis of industry by<br />
recent technologies, trends, opportunities, challenges, key players <strong>and</strong><br />
business strategies considering types, segment <strong>and</strong> future outlook.”<br />
U.S. <strong>Esters</strong> <strong>Market</strong> is estimated to grow significantly in the forecast period owing to the increase<br />
in dem<strong>and</strong> for stabilizers <strong>and</strong> emulsifiers from personal care segment. <strong>Esters</strong> are the organic<br />
compounds that produce organic or inorganic acids when reacted with water. <strong>Esters</strong> possess<br />
properties like flexibility <strong>and</strong> low polarity <strong>and</strong> are more volatile than the equivalent amides.<br />
<strong>Esters</strong> are widely used as aromas in different fruits, pharmaceutical items <strong>and</strong> personal care<br />
products like shampoos.<br />
U.S. esters market is witnessing growth due to factors like developments <strong>and</strong> innovations in<br />
surfactants, lubricants, pesticides <strong>and</strong> others, economic developments, growing population that<br />
dem<strong>and</strong>s personal care products <strong>and</strong> growing industrialization. <strong>Esters</strong> are extensively used in<br />
synthetic lubricants, which ultimately encourages U.S. esters industry. Moreover, growth in<br />
food industry due to increasing population is fueling United States esters market. However, the<br />
market is restrained by the government regulations for limiting the use of unsafe chemicals in<br />
the food & personal care products <strong>and</strong> unstable prices of raw materials. Nevertheless, low labor<br />
cost <strong>and</strong> regulations by government are encouraging the market growth of esters.<br />
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Functional efficiency followed by biodegradability, sustainability <strong>and</strong> performance offered by<br />
esters are gaining traction by the market players. Also, the development of various personal<br />
care industries are expected to bring opportunities in U.S. esters industry in the coming years.<br />
U.S. esters market is categorized on the basis of product type, application <strong>and</strong> geography. On<br />
the basis of product type, the market is divided into complex esters, diesters, monoesters <strong>and</strong><br />
methyl esters. Complex esters segment is expected to lead U.S. esters industry since they offer<br />
high film thickness, wide viscosity range, high surface activity, <strong>and</strong> are cost-effective.<br />
Based on application, U.S. esters market is bifurcated into industrial lubricants, automotive<br />
lubricants, marine lubricants, aviation lubricants <strong>and</strong> food grade lubricants. Aviation segment<br />
followed by automotive <strong>and</strong> industrial segment are expected to hold larger market share of<br />
esters due to wide applications. Geographically, U.S. esters industry is segmented as The West,<br />
Southwest, The Middle Atlantic, New Engl<strong>and</strong>, The South <strong>and</strong> The Midwest.<br />
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https://www.millioninsights.com/industry-reports/us-esters-market<br />
The key players in United States esters industry comprise Arkema, Chemtura, Lanxess, Dow<br />
Chemical, Evonik Industries, DuPont, Procter & Gamble (P&G), Croda International, Sasol, PCC<br />
Chemax, Honeywell, Eastman Chemical, Ashl<strong>and</strong>, AkzoNobel, Innospec, Archer Daniels Midl<strong>and</strong>,<br />
LG Chem, Elementis Specialties, Valtris Specialty Chemicals, Rotuba, PMC Biogenix, Polymer<br />
Plastics Co. LC.AndStepan Company.<br />
<strong>Market</strong> Segment:<br />
U.S. <strong>Esters</strong> Product Outlook (Volume, Kilo <strong>To</strong>ns; Revenue, USD Million, 2012 - <strong>2022</strong>)<br />
• Fatty esters<br />
• By product<br />
• Glycerol monostearate (GMS)<br />
• By application<br />
• Food additive<br />
• Emulsifier for oil & greases
• Pharmaceuticals<br />
• Personal care & cosmetics<br />
• Others<br />
• Medium Chain Triglycerides (MCTs)<br />
• By application<br />
• Dietary supplements<br />
• Medical supplements<br />
• Others<br />
• Sorbitan esters<br />
• By application<br />
• Personal care & cosmetics<br />
• Food additives<br />
• Paints & pigments<br />
• Pharmaceuticals<br />
• Agricultural films & plastics<br />
• Others<br />
• Ethyl glycol monostearate<br />
• By application<br />
• Personal care & cosmetics<br />
• Others<br />
• Fatty acid methyl ester (FAME)<br />
• By application<br />
• Biodiesel<br />
• Lubricants<br />
• Metalworking fluids<br />
• Polymer, coatings, & plasticizers<br />
• Personal care<br />
• Others<br />
• Others<br />
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