According to the latest market research study by Technavio, the global emulsifier market is expected to grow at a CAGR of close to 7% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global emulsifier market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the applications:
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The top three revenue contributing application segments are discussed below:
Global emulsifier market in the food and beverage industry: The food and beverage industry occupies the maximum share in the global emulsifiers market. The segment is expected to register a steady growth rate during the forecast period.
“The growth of food emulsifiers can be attributed to the improvements in R&D, technological advancements, and an increase in the demand for food emulsifiers worldwide. Further, the increasing health consciousness among consumers are also expected to contribute to the growth of the emulsifiers market,” says Ajay Adikari, a lead analyst at Technavio for research on paints, coatings, and pigments.
Global emulsifier market in the cosmetics and personal care industry: In skin care products, emulsifiers help in stabilizing formulations, enhancing aesthetic properties, and controlling viscosity in hand care, body care, skin treatment, and baby care products. Cosmetics and personal care products use emulsifiers as thickening and suspending agents. It is also used for blending liquids of different viscosities and as rheology modifiers, stabilizers, and disintegrating solids.
Global emulsifier market in the oilfield chemicals industry: The oilfields and chemicals industry is expected to grow at a steady rate during the forecast period. Emulsifiers are used in drilling activities to provide stable invert drilling fluids with emulsion stability, preferential oil wetting of solids by the oil phase, filtration control, and temperature stability. Emulsifiers are used in the oilfield chemicals industry as corrosion inhibitors, lubricants, wetting and suspending agents, dispersants, and foam control agents.
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The top vendors operating in the global emulsifier market are:
- Akzo Nobel
- BASF
- Dow Corning
- Evonik Industries
- Kerry Group
The other prominent vendors in the market include AAK, Archer Daniels Midland (ADM), Cargill, Clariant, DSM, Ingredion, Lubrizol, Palsgaard, and Solvay.
A more detailed analysis is available in the Technavio report titled, ‘Global Emulsifier Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Food Stabilizers Market 2016-2020
- Global Baking Ingredients Market 2016-2020
- Global Personal Care Ingredients Market 2016-2020
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