Global Humectants market is estimated to cross overall consumption of 11.74 million metric tons by the end of 2023, amounting to USD23.27 billion. The global humectants market is expected to grow at a CAGR of 7% in value terms during the forecast period. The growth in the global humectants market can be attributed to the growing applications in paints & coatings, medicines, pesticides, cosmetics, etc. The progressive demand for humectants is visible in the bakery & confectionery food items and functional & nutritional health supplements due to rising human health concerns and awareness regarding nutritious diet. Moreover, the increasing ageing population would further augment the demand for humectants globally over the span of next nine years.
Years considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2018–2023
Objective of the Study:
- To outline, classify and estimate the Global Humectants market on the basis of type, application, source and regional distribution.
- To study and forecast the Global market size of the Humectants, in terms of value and volume.
- To project the size of Humectants market, in terms of value and volume, with respect to key types such as Sugar Alcohol, Glycerol, Alpha Hydroxy Acid & Polysaccharides, Glycols and Others.
- To understand the regional market structure of Humectants market, the global Humectants market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
- To identify the detailed information about the prime factors affecting the global Humectants market.
- To evaluate competitor pricing, average market selling prices and margins in the global Humectants market.
- To examine competitive developments such as expansions, innovative product launches, government policy and investments, new entrants in the global Humectants market.
- To strategically profile the leading players in the market which are involved in the manufacturing and supply of Humectants worldwide.
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Global Humectants market is controlled by these major players, namely– Cargill (US), The Dow Chemical Company (US), Archer Daniels Midland Company (US), E. I. du Pont de Nemours and Company (US), Roquette Frères (France), Ingredion Incorporated (US), Brenntag AG (Germany), Barentz (Netherlands), Ashland Global Holdings Inc. (US), Batory Foods (US), Corbion (Netherlands), Aic, Inc. (US), B Food Science Co., Ltd. (Japan), Tereos (France) and Ransdal Corporation (US) among others.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading Humectants manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the types, applications, sources, distribution network and regional presence of all major Humectants manufacturers across the globe.
TechSci Research calculated the market size for Global Humectants using a bottom-up approach, where manufacturers’ value sales data for standard types (Sugar Alcohol, Glycerol, Alpha Hydroxy Acid & Polysaccharides, Glycols and Others) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
- Humectants Manufacturers and Suppliers
- Types of Humectants such as Sugar Alcohol, Glycerol, Alpha Hydroxy Acid & Polysaccharides, Glycols and Others
- Research organizations and consulting companies
- Trade Associations, organizations, forums and alliances related to Humectants
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Humectants manufacturers, distributors and dealers, customers and policy makers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
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