Global
Sorbitan Trioleate Market: Overview
Sorbitan
esters also known as sorbitan fatty acids are derived from the
mixture of mono, di and tri esters. Sorbitan esters are widely used
as surfactant and emulsifiers across various industries. Sorbitan
trioleate is the tri ester derived from reaction between oleic acid
and sorbitol along with its mono and di anhydrides. Oleic acid can be
obtained from animal or plant source. Sorbitan trioleate is obtained
through the process of saponification and esterification. Sorbitan
trioleate finds various industrial applications such as antioxidant,
emulsifier and surfactant. Sorbitan trioleate exhibit complex mixture
of molecules which is characterised by yellowish or brownish
appearance and is highly soluble. At 25 C it turns into oily, viscous
liquid. Sorbitan trioleate finds extensive use in various skin care
products such as cleansing products, moisturiser among others.
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Global
Sorbitan Trioleate Market: Drivers and Restraints
With
increasing demand for compounds with versatile properties among
manufacturers provides a potential scope for the growth of sorbitan
trioleate market. In food and beverage industry it offers broad
spectrum of applications such as it act as emulsifier which helps to
preserve the mixtures which are not being able to mix well such as
oil and water, it also act as stabiliser that helps in uniform
dispersal of food components. Thereby enhancing the texture and
quality of food products, contributing to the growth of sorbitan
trioleate market. Apart from food industry sorbitan trioleate is
extensively used in cosmetic and pharmaceutical industry as it helps
to stabilise the colour materials and also helps to stabilise
emulsion polymerisation. Therefore, with increasing inclination of
consumers towards personal care products, demand for sorbitan
trioleate is expected to grow significantly among the manufacturers
in personal care industry. Moreover, due to other peculiar properties
of sorbitan trioleate, it is predominantly used as emulsifier in the
manufacturing of agrochemicals and also acts as antistatic agents in
the manufacturing of water based metal processes and surface coating
agent. Hence, spurring the demand for sorbitan trioleate market in
various other industrial applications.
However,
excessive consumption of products containing sorbitan trioleate may
cause diarrhoea, abdominal discomfort among others. Hence, lack of
label warning by the manufacturers may affect the growth prospects of
sorbitan trioleate market. Moreover, sorbitan trioleate may have
animal derived oleic acid, hence vegan population may abstain from
its products. Thereby, hampering the growth of sorbitan trioleate
market. Furthermore, there are many other variants of sorbitan esters
available in the market offering broad specture of applicability
which can further hinder the growth of sorbitan trioleate market, due
to increased competitive landscape for the manufacturers of sorbitan
trioleate.
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Global
Sorbitan Trioleate Market: Segmentation
On
the basis of application, sorbitan trioleate market is segmented
into:-
- Emulsifier
- Surfactant
- Antistating agent
On
the basis of end use industry, sorbitan trioleate market is segmented
into:-
- Pharmaceuticals
- Personal Care
- Agriculture
- Chemical
- Others
On
the basis of form, sorbitan trioleate market is segmented into:-
- Solid
- Liquid
Global
Sorbitan Trioleate Market: Region wise Outlook
The
global sorbitan trioleate market is categorised into seven regions,
namely, Western Europe, Eastern Europe Middle East and Africa (MEA),
Asia Pacific excluding Japan (APEJ), Japan Latin America and, North
America. North America accounts for major share of the sorbitan
trioleate market. With increasing inclination of consumers towards
personal care products and processed food, demand for emulsifying
agents and surfactant is expected to increase significantly, thereby,
propelling the growth of sorbitan trioleate market. Asia Pacific
represents potential platform for the growth of sorbitan trioleate
market. As Asia Pacific region offers flourishing trade options along
with increasing demand for compounds with versatile characteristics
among end user industries which provides explorative growth of
sorbitan trioleate market.
Global
Sorbitan Trioleate Market: Key Players
Some
of the prominent players identified in the global sorbitan trioleate
market includes: Sigma-Aldrich Co. LLC., Carbosynth Limited, Spectrum
Laboratory Products, Inc., Iro Group Inc., Kao Corporation, Nikko
Chemicals Co., Ltd., Redox Pty Ltd, Glenn Corporation, Vantage
Specialty Chemicals, Inc., VWR International, LLC.
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