The global Polysorbate Market is forecasted to be worth USD 1,425.3 Million by 2027, according to a current analysis by Emergen Research. The polysorbate market is forecasted to grow substantially due to the growing applications of polysorbates in food products like ice creams to avoid rapid melting, in cakes to preserve smooth appearance without separation, and even to use powdered cocoa mix in hot drinks. Besides, the increasing application in cosmetic manufacturing is expected to further propel the market growth.

The latest research report by Emergen Research, named ‘Global Polysorbate Market - Forecast to 2027’, entails a comprehensive review of the global Polysorbate market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.

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COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Polysorbate market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Polysorbate market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments.

Key Highlights From The Report

  • In July 2020, Croda International Plc announced the acquisition of Avanti Polar Lipids, Inc. This deal will strengthen Croda’s product portfolio and services.
  • Due to the growing use of polysorbate to prepare products for hair growth and in the baking industry, the syrup segment is expected to dominate the market over the forecast period.
  • Due to the increasing use of this type of polysorbate in the cosmetics industry, the Polysorbate 20 segment is expected to hold the largest share over the forecast period. This drug can be used as a solubilizing agent in oil-in-water emulsification and as a moisturizing agent in skincare products.
  • The excipient segment is anticipated to hold the largest market share throughout the forecast period since polysorbate is used as an excipient in some Canadian and European flu vaccines.

Competitive Outlook:

  • The global Polysorbate market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Polysorbate market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

  • Carus Corporation
  • NOF EUROPE GmbH
  • Sisco Research Laboratories Pvt. Ltd.
  • Croda International plc
  • TNJ Chemical Industry Co., Ltd.
  • BASF SE
  • Solenis LLC
  • Evonik Industries AG

Key questions addressed in the report:

  • What are the key factors driving the global Polysorbate market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Polysorbate market?

Read More @https://www.emergenresearch.com/industry-report/polysorbate-market

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