Humectants are used in food, medicines, cosmetics, and pesticides to reduce the loss of moisture. These are hygroscopic in nature and function opposite to that of a dessicant. Humectants attract or retain moisture present in the surrounding air by the phenomena of absorption and draw the water vapours into the surface of the object. Aloevera gel, urea, honey, glyceryl triacetate, propylene glycol are some examples of humectants.
MARKET DYNAMICS
The humectants market is anticipated to witness growth in the forecast period on account of its increasing applicability in end-use sectors. Moreover, technological advancements in cosmetics and food industry coupled with growth in population is likely to boost the humectants market. However, the market suffers due to lack of stability in prices of crude oil. On the other hand, increased awareness and use of humectants would provide significant opportunities to major market players during the forecast period.
MARKET SCOPE
The "Global Humectants Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of humectants market with detailed market segmentation by source, type, application, and geography. The global humectants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading humectants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global humectants market is segmented on the basis of source, type, and application. Based source, the market is segmented as synthetic and natural humectants. By type, the market is segmented as sugar alcohols, glycerol, glycols, alpha hydroxy acids & polysaccharides, and others. The market on the basis of the application is segmented as food & beverages, oral & personal care products, animal feed, pharmaceuticals, and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global humectants market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The humectants market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting humectants market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the humectants market in these regions.
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MARKET PLAYERSThe reports cover key developments in the humectants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from humectants market are anticipated to lucrative growth opportunities in the future with the rising demand for humectants in the global market. Below mentioned is the list of few companies engaged in the humectants market.
The report also includes the profiles of key humectants companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Archer Daniels Midland Company
-Ashland
-Barentz
-BASF SE
-Brenntag AG
-Cargill
-E. I. du Pont de Nemours and Company
-INGREDION
-Roquette Frères
-The Dow Chemical Company
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