The global sorbitan esters market stood is likely to be valued at USD 1,552.66 million by 2027, at a CAGR of 5.1% from 2021–2027. Sorbitan esters are used across a wide array of applications such as pharmaceutical, food & beverage, beauty personal care, animal nutrition, textiles, lubricants and other industrial uses. Also, there has been a growing inclination towards clean labeling which has fostered an increase in the demand for bio-based surfactants. Aforementioned factors are projected to drive the market for sorbitan esters over the forecast period.
Sorbitan esters also known as spans are nonionic surfactants, which act as emulsifying agents. Sorbitan is produced by the dehydration of sorbitol, and acts as an intermediate in the conversion of sorbitol to isosorbide. Sorbitan esters can be produced by the direct esterification of sorbitol with fatty acids (which is a one-step process) or through a two-step process in which sorbitol is first dehydrated to sorbitan and then esterified with acid or alkaline catalysis. These are frequently used in combination with their ethoxylates to produce water-in-oil or oil in water emulsions.
Segment overview
On the basis of type, the sorbitan monostearate segment held the largest share of the global market in 2020. Sorbitan monostearate with a molecular formula of C24H46O6(also known as Span 60), is an ester of sorbitan (a sorbitol derivative) and stearic acid, and is sometimes referred to as synthetic wax. It is used in the pharmaceutical and food industry. It is used as a food additive, working as a blender or surfactant. It is also used as an emulsifier, disperser, wetter, or other form of food additive.
On the basis of application, the food & beverage segment accounted for the largest share of the global market in 2020 and the trend is expected to continue over the coming years. Sorbitan esters are widely used in cosmetics, food products, and pharmaceutical formulations as lipophilic nonionic surfactant. Sorbitan esters in combination with ethoxylated sorbitan esters (polysorbates) are used in ice creams, icings, chocolate, and fillings.
On the basis of region, Europe dominated the global market for sorbitan esters in 2020 on account of high demand for beauty and personal care products along with the increasing expenditure in pharmaceutical industry. Moreover, Germany, France, U.K., Spain, Italy are among the top national markets for cosmetic and personal care products in the region. However, Asia-Pacific is expected to emerge as the fastest growing region owing to the rising disposable income in the region.
The report provides detailed market outlook, and forecast the “Global Sorbitan Esters” market based on form, type, end-use and region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2027 |
| Units Considered | USD Million |
| Segmentation By Form |
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| Segmentation by Type |
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| Segmentation by End-Use |
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| Region Covered |
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| Key Company Profiles | DowDuPont Inc, Croda International Plc, Clariant AG, Akzo Nobel N.V., Evonik Industries AG, Merck KGaA, Ascent Mosselman s.a., & Lonza Group Ltd, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Sorbitan esters market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.4. Regulatory framework
3.5. Sorbitan esters market : developed v/s developing countries
3.6. Market opportunities & trends
3.6.1. Adoption of spans as novel formulations in pharmaceuticals
3.6.2. Growing popularity of clean label trends in cosmetics and food & beverage industry
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.1.1. Increasing use of sorbitan esters across diverse applications
3.7.1.2. Key regulations fostering a rise in the demand for bio based surfactants
3.7.1.3. Impact analysis
3.7.2. Market restraint analysis
3.7.2.1. Presence of substitutes in the market
3.7.2.2. Impact analysis
3.8. Industry analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Global industry impact of COVID-19 pandemic
5.1.1. Impact analysis by end-use
5.1.2. Analyst recommendations
CHAPTER 6. Global Sorbitan Esters Market Size and Forecast (2017 - 2027)
6.1. Global Sorbitan Esters Market, By Form (USD Million)
6.1.1. Liquid
6.1.2. Solid
6.1.3. Semi-solid/paste
6.2. Global Sorbitan Esters Market, By Type (USD Million)
6.2.1. Sorbitan tristearate
6.2.2. Sorbitan monostearate
6.2.3. Sorbitan monooleate
6.2.4. Sorbitan trioleate
6.2.5. Sorbitan monopalmitate
6.2.6. Sorbitan monolaurate
6.3. Global Sorbitan Esters Market, By End-Use (USD Million)
6.3.1. Food & beverages
6.3.2. Personal care
6.3.3. Pharmaceutical
6.3.4. Industrial
6.3.5. Others
6.4. Global Sorbitan Esters Market, By Region (USD Million)
6.4.1. North America
6.4.2. Europe
6.4.3. Asia-Pacific
6.4.4. Central & South America (CSA)
6.4.5. Middle East & Africa (MEA)
CHAPTER 7. Global Sorbitan Esters Market Size and Forecast, By Region (2017 - 2027)
7.1. North America Sorbitan Esters Market (USD Million)
7.1.1. North America Sorbitan Esters Market, By Country (USD Million)
7.1.2. North America Sorbitan Esters Market, By Form (USD Million)
7.1.3. North America Sorbitan Esters Market, By Type (USD Million)
7.1.4. North America Sorbitan Esters Market, By End-Use (USD Million)
7.1.5. The U.S. Sorbitan Esters Market (USD Million)
7.1.5.1. The U.S. Sorbitan Esters Market, By Form (USD Million)
7.1.5.2. The U.S. Sorbitan Esters Market, By Type (USD Million)
7.1.5.3. The U.S. Sorbitan Esters Market, By End-Use (USD Million)
7.1.6. Canada Sorbitan Esters Market (USD Million)
7.1.6.1. Canada Sorbitan Esters Market, By Form (USD Million)
7.1.6.2. Canada Sorbitan Esters Market, By Type (USD Million)
7.1.6.3. Canada Sorbitan Esters Market, By End-Use (USD Million)
7.1.7. Mexico Sorbitan Esters Market (USD Million)
7.1.7.1. Mexico Sorbitan Esters Market, By Form (USD Million)
7.1.7.2. Mexico Sorbitan Esters Market, By Type (USD Million)
7.1.7.3. Mexico Sorbitan Esters Market, By End-Use (USD Million)
7.2. Europe Sorbitan Esters Market (USD Million)
7.2.1. Europe Sorbitan Esters Market, By Country (USD Million)
7.2.2. Europe Sorbitan Esters Market, By Form (USD Million)
7.2.3. Europe Sorbitan Esters Market, By Type (USD Million)
7.2.4. Europe Sorbitan Esters Market, By End-Use (USD Million)
7.2.5. Germany Sorbitan Esters Market (USD Million)
7.2.5.1. Germany Sorbitan Esters Market, By Form (USD Million)
7.2.5.2. Germany Sorbitan Esters Market, By Type (USD Million)
7.2.5.3. Germany Sorbitan Esters Market, By End-Use (USD Million)
7.2.6. The U.K Sorbitan Esters Market (USD Million)
7.2.6.1. The U.K Sorbitan Esters Market, By Form (USD Million)
7.2.6.2. The U.K Sorbitan Esters Market, By Type (USD Million)
7.2.6.3. The U.K Sorbitan Esters Market, By End-Use (USD Million)
7.2.7. France Sorbitan Esters Market (USD Million)
7.2.7.1. France Sorbitan Esters Market, By Form (USD Million)
7.2.7.2. France Sorbitan Esters Market, By Type (USD Million)
7.2.7.3. France Sorbitan Esters Market, By End-Use (USD Million)
7.2.8. Italy Sorbitan Esters Market (USD Million)
7.2.8.1. Italy Sorbitan Esters Market, By Form (USD Million)
7.2.8.2. Italy Sorbitan Esters Market, By Type (USD Million)
7.2.8.3. Italy Sorbitan Esters Market, By End-Use (USD Million)
7.2.9. Spain Sorbitan Esters Market (USD Million)
7.2.9.1. Spain Sorbitan Esters Market, By Form (USD Million)
7.2.9.2. Spain Sorbitan Esters Market, By Type (USD Million)
7.2.9.3. Spain Sorbitan Esters Market, By End-Use (USD Million)
7.2.10. Belgium Sorbitan Esters Market (USD Million)
7.2.10.1. Belgium Sorbitan Esters Market, By Form (USD Million)
7.2.10.2. Belgium Sorbitan Esters Market, By Type (USD Million)
7.2.10.3. Belgium Sorbitan Esters Market, By End-Use (USD Million)
7.2.11. Netherlands Sorbitan Esters Market (USD Million)
7.2.11.1. Netherlands Sorbitan Esters Market, By Form (USD Million)
7.2.11.2. Netherlands Sorbitan Esters Market, By Type (USD Million)
7.2.11.3. Netherlands Sorbitan Esters Market, By End-Use (USD Million)
7.3. Asia-Pacific Sorbitan Esters Market (USD Million)
7.3.1. Asia-Pacific Sorbitan Esters Market, By Country (USD Million)
7.3.2. Asia-Pacific Sorbitan Esters Market, By Form (USD Million)
7.3.3. Asia-Pacific Sorbitan Esters Market, By Type (USD Million)
7.3.4. Asia-Pacific Sorbitan Esters Market, By End-Use (USD Million)
7.3.5. China Sorbitan Esters Market (USD Million)
7.3.5.1. China Sorbitan Esters Market, By Form (USD Million)
7.3.5.2. China Sorbitan Esters Market, By Type (USD Million)
7.3.5.3. China Sorbitan Esters Market, By End-Use (USD Million)
7.3.6. Japan Sorbitan Esters Market (USD Million)
7.3.6.1. Japan Sorbitan Esters Market, By Form (USD Million)
7.3.6.2. Japan Sorbitan Esters Market, By Type (USD Million)
7.3.6.3. Japan Sorbitan Esters Market, By End-Use (USD Million)
7.3.7. India Sorbitan Esters Market (USD Million)
7.3.7.1. India Sorbitan Esters Market, By Form (USD Million)
7.3.7.2. India Sorbitan Esters Market, By Type (USD Million)
7.3.7.3. India Sorbitan Esters Market, By End-Use (USD Million)
7.3.8. South Korea Sorbitan Esters Market (USD Million)
7.3.8.1. South Korea Sorbitan Esters Market, By Form (USD Million)
7.3.8.2. South Korea Sorbitan Esters Market, By Type (USD Million)
7.3.8.3. South Korea Sorbitan Esters Market, By End-Use (USD Million)
7.3.9. Taiwan Sorbitan Esters Market (USD Million)
7.3.9.1. Taiwan Sorbitan Esters Market, By Form (USD Million)
7.3.9.2. Taiwan Sorbitan Esters Market, By Type (USD Million)
7.3.9.3. Taiwan Sorbitan Esters Market, By End-Use (USD Million)
7.4. Central & South America (CSA) Sorbitan Esters Market (USD Million)
7.4.1. Central & South America (CSA) Sorbitan Esters Market, By Country (USD Million)
7.4.2. Central & South America (CSA) Sorbitan Esters Market, By Form (USD Million)
7.4.3. Central & South America (CSA) Sorbitan Esters Market, By Type (USD Million)
7.4.4. Central & South America (CSA) Sorbitan Esters Market, By End-Use (USD Million)
7.4.5. Brazil Sorbitan Esters Market (USD Million)
7.4.5.1. Brazil Sorbitan Esters Market, By Form (USD Million)
7.4.5.2. Brazil Sorbitan Esters Market, By Type (USD Million)
7.4.5.3. Brazil Sorbitan Esters Market, By End-Use (USD Million)
7.4.6. Argentina Sorbitan Esters Market (USD Million)
7.4.6.1. Argentina Sorbitan Esters Market, By Form (USD Million)
7.4.6.2. Argentina Sorbitan Esters Market, By Type (USD Million)
7.4.6.3. Argentina Sorbitan Esters Market, By End-Use (USD Million)
7.5. Middle East & Africa (MEA) Sorbitan Esters Market (USD Million)
7.5.1. Middle East & Africa (MEA) Sorbitan Esters Market, By Country (USD Million)
7.5.2. Middle East & Africa (MEA) Sorbitan Esters Market, By Form (USD Million)
7.5.3. Middle East & Africa (MEA) Sorbitan Esters Market, By Type (USD Million)
7.5.4. Middle East & Africa (MEA) Sorbitan Esters Market, By End-Use (USD Million)
7.5.5. UAE Sorbitan Esters Market (USD Million)
7.5.5.1. UAE Sorbitan Esters Market, By Form (USD Million)
7.5.5.2. UAE Sorbitan Esters Market, By Type (USD Million)
7.5.5.3. UAE Sorbitan Esters Market, By End-Use (USD Million)
7.5.6. Saudi Arabia Sorbitan Esters Market (USD Million)
7.5.6.1. Saudi Arabia Sorbitan Esters Market, By Form (USD Million)
7.5.6.2. Saudi Arabia Sorbitan Esters Market, By Type (USD Million)
7.5.6.3. Saudi Arabia Sorbitan Esters Market, By End-Use (USD Million)
7.5.7. South Africa Sorbitan Esters Market (USD Million)
7.5.7.1. South Africa Sorbitan Esters Market, By Form (USD Million)
7.5.7.2. South Africa Sorbitan Esters Market, By Type (USD Million)
7.5.7.3. South Africa Sorbitan Esters Market, By End-Use (USD Million)
CHAPTER 8. Key Players and Strategic Developments
8.1. Croda International Plc
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Clariant AG
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. Akzo Nobel N.V.
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. Ashland Global Holdings Inc.
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Evonik Industries AG
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. PolyOne Corporation
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. DowDuPont Inc.
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Lonza Group Ltd
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. Merck KGaA
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Oleon NV
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Vantage Specialty Chemicals
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. Mosselman s.a.
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
