Humectants Market Growth, Trends, Share, Opportunities and Future Scope 2022-2032
Humectants Market Size- By Type, By Application, By Regional, Future Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Dec-2022 | Report ID: CHEM2225 | Pages: 1 - 243 | Formats*: |
| Category : Chemical & Materials | |||
Global Humectants Market Overview
According to SPER Market Research, the Global Humectants Market is estimated to reach USD 37.75 billion by 2032 with a CAGR of 7.26%.
A humectant is a wet, hygroscopic substance that is used to keep things moist; it is the opposite of a desiccant. It is a molecule containing numerous hydrophilic groups as well, the majority of which are hydroxyl groups, however it is also possible to find amines and carboxyl groups, which are frequently esterified (its affinity to build hydrogen bonds with water molecules is the main characteristic). These components are found in a wide range of goods, including food, cosmetics, pharmaceuticals, and pesticides. The demand for humectants in the industry has significantly expanded as a result of the expanding use of humectants to prolong the shelf life of food products and rising product efficacy. The product is increasingly being used as an ingredient in the food and beverage industry, which is boosting the global market. Many personal care and beauty products, including moisturizers, hair conditioners, lip balms, cleansers for the face or body, creams, and body lotions, are quickly increasing the use of humectant as an ingredient, which is further boosting market growth. Humectants are used in aqueous paints to keep the moisture content stable during storage.
Impact of COVID-19 on the Global Humectants Market
Uncertainty, postponed investments, altered supply chains, and increasing localization were all caused by the COVID-19 pandemic. To enhance margins, businesses are choosing ambitious cost and performance targets in response to the pandemic's effects. One of the most important tactics for market development has been identified as collaboration across the value chain. Additionally, consumer-focused, tech-enabled solutions are a frequently noted trend in the sector.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Application |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Archer Daniel Midland Company, Ashland Global Holdings Inc., BASF SE, Barentz, Brenntag AG, Cargill Incorporated, E.I. Du Pont De Nemours and Company, Ingredion, Roquette Freres, The DOW Chemical Company |
Key Audience-
- Personal Care and Cosmetics
- Food and Beverages
- Paints and Coatings
Global Humectants Market Segmentation:
1. By Type
- Alpha Hydroxy Acid & Polysaccharides
- Glycols
- Sugar Alcohol
- Others
2. By Application
- Animal Feed
- Food & Beverages
- Oral & Personal Care
- Pharmaceuticals
- Others
3.By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- South America
- Size of Global Humectants Market (FY’2019-FY’2032)
- Overview of Global Humectants Market
- Segmentation of Global Humectants Market By Type (Alpha Hydroxy Acid & Polysaccharides, Glycols, Sugar Alcohol, Others)
- Segmentation of Global Humectants Market By Application (Animal Feed, Food & Beverages, Oral & Personal Care, Pharmaceuticals, Others)
- Statistical Snap of Global Humectants Market
- Growth Analysis of Global Humectants Market
- Problems and Challenges in Global Humectants Market
- Competitive Landscape in the Global Humectants Market
- Impact of COVID-19 and Demonetization on Global Humectants Market
- Details on Recent Investment in Global Humectants Market
- Competitive Analysis of Global Humectants Market
- Major Players in the Global Humectants Market
- SWOT Analysis of Global Humectants Market
- Global Humectants Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Humectants Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global HumectantsManufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Humectants Market
7. Global Humectants Market, By Type, 2019-2032 (USD Million)
7.1 Alpha Hydroxy Acid & Polysaccharides7.2 Glycols7.3 Sugar Alcohol7.4Others
8. Global Humectants Market, By Application, 2019-2032 (USD Million)
8.1 Animal Feed8.2 Food & Beverages8.3 Oral & Personal Care8.4 Pharmaceuticals8.5 Others
9. Global Humectants Market, By Region, 2019-2032 (USD Million)
9.1 Global Humectants Size and Market Share by Region (2019-2025)9.2 Global Humectants Size and Market Share by Region (2026-2032)
9.3 Asia-Pacific9.3.1 Australia9.3.2 China9.3.3 India9.3.4 Japan9.3.5 South Korea9.4 Europe9.3.6 Rest of Asia-Pacific9.4.1 France9.4.2 Germany9.4.3 Italy9.4.4 Spain9.4.5 United Kingdom9.5 Middle East & Africa9.4.6 Rest of Europe9.5.1 Kingdom of Saudi Arabia9.5.2 United Arab Emirates9.6 North America9.5.3 Rest of Middle East & Africa9.6.1 Canada9.6.2 Mexico9.7 South America9.6.3 United States9.7.1 Argentina9.7.2 Brazil9.7.3 Rest of South America
10. Company Profiles
10.1 Archer Daniel Midland Company
10.1.1 Company details10.1.2 Financial outlook10.1.3 Product summary10.1.4 Recent developments
10.2 Ashland Global Holdings Inc.
10.2.1 Company details10.2.2 Financial outlook10.2.3 Product summary10.2.4 Recent developments
10.3 BASF SE
10.3.1 Company details10.3.2 Financial outlook10.3.3 Product summary10.3.4 Recent developments
10.4 Barentz
10.4.1 Company details10.4.2 Financial outlook10.4.3 Product summary10.4.4 Recent developments
10.5 Brenntag AG
10.5.1 Company details10.5.2 Financial outlook10.5.3 Product summary10.5.4 Recent developments
10.6 Cargill Incorporated
10.6.1 Company details10.6.2 Financial outlook10.6.3 Product summary10.6.4 Recent developments
10.7 E.I. Du Pont De Nemours and Company
10.7.1 Company details10.7.2 Financial outlook10.7.3 Product summary10.7.4 Recent developments
10.8 Ingredion
10.8.1 Company details10.8.2 Financial outlook10.8.3 Product summary10.8.4 Recent developments
10.9 Roquette Freres
10.9.1 Company details10.9.2 Financial outlook10.9.3 Product summary10.9.4 Recent developments
10.10 The DOW Chemical Company
10.10.1 Company details10.10.2 Financial outlook10.10.3 Product summary10.10.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Humectants Market is projected to reach USD 37.75 billion by 2032, growing at a CAGR of 7.26% during the forecast period.
The Humectants Market grew in market size from 2021. The Market is expected to reach USD 37.75 billion by 2032, at a CAGR of 7.26% during the forecast period.
The Humectants Market CAGR of 7.26% during the forecast period.
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The Humectants Market size is USD 37.75 billion from 2022 to 2032.
The Humectants Market segment is Covered By Type, By Application.
The North America and Europe region is anticipated to have the highest market share in the Humectants Market.
The key players in the market include Companies Covered Archer Daniel Midland Company, Ashland Global Holdings Inc., BASF SE, Barentz, Brenntag AG, Cargill Incorporated, E.I. Du Pont De Nemours and Company, Ingredion, Roquette Freres, The DOW Chemical Company.
The product is increasingly being used as an ingredient in the food and beverage industry, which is boosting the global market. Many personal care and beauty products, including moisturizers, hair conditioners, lip balms, cleansers for the face or body, creams, and body lotions, are quickly increasing the use of humectant as an ingredient, which is further boosting market growth. Humectants are used in aqueous paints to keep the moisture content stable during storage.
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