Emulsification
is a process of mixing two or more immiscible liquids with the help
of an emulsifier, which is also known as an emulsifying agent.
Emulsifiers help to stabilize the mixture by reducing the surface
tension of the emulsion. They have major applications in food, in
making of many products like ice-creams, biscuits, cake, bread,
caramel, and others. In addition to this, emulsifiers are also used
in detergents, medicines, and fire extinguishers. Emulsifiers are
commonly used in hair styling products and cosmetics.
These
agents can be majorly classified into natural, semi-synthetic, and
synthetic. Natural emulsifiers occupy approximately a third of the
global
emulsifiers market.
North America and Europe are two strong market segments with a large
market share, while Asia Pacific is experiencing increasing growth
parameters as China and India boost the emulsifier market driven by
significant demand.
One
of the major factors driving emulsifier market is their rising
applications in the food and beverage industry as well as in personal
care products. Natural emulsifiers having applications in low fat
food are expected to grow in the near future. Lecithin is a natural
emulsifier with huge demand in the market due its superiority over
the substitutes. Manufacturers are concentrating on various multi-use
constituents like emulsifiers for personal care products and are
involved in many research and development activities for the same.
Emulsifiers are also finding steady growth in the pharmaceutical
products segment. In addition, the increasing research and
development in other industry segments for emulsifiers also promises
a high demand growth in the market.
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The
emulsifiers market may face competition in the future from enzymes
for their applications in bakery products. Products like bread,
biscuits, and cakes may increase enzyme usage due to its cost
efficiency. It is anticipated that technological advancements in the
emulsifiers industry will help it to sustain this competition.
Some
of the major players in the emulsifier market are Dow Corning
Corporation, DSM Nutritional Products, Palsgaard A/S, Lubrizol
Advanced Materials, Stepan Company, Spartan Chemical Company, Cargill
Inc., AAK Bakery Services, and Kerry Group among others.
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