Global Esters Market Analysis and Insights: Global Esters Market
The growing demand for esters derivatives such as polyesters, rising number of applications in industrial fabrics, textile, computers, home furnishing, packaging, electrical insulation and others, easy availability of wide range of esters, growth of industrial sector are some of the factors that will likely to enhance the growth of the esters market in the forecast period of 2020-2027. On the other hand, increasing consumption and production of esters will further boost various opportunities that will lead to the growth of the esters market in the above-mentioned forecast period.
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Increasing production cost of esters along with complex process and fluctuating prices of raw material will likely to hamper the growth of the esters market in the above-mentioned forecast period.
Global Esters Market Scope and Market Size
On the basis of product, esters market is segmented into dibasic esters, polyol esters, methyl esters, nitrate esters, vinyl esters, phosphate esters, acrylic esters, sucrose esters, and fatty acid esters.
Esters market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for esters market includes lubricants, solvents, plasticizers, fuel and oil additives, flame retardants, insecticides, explosives, surfactants, and flavoring agents. Lubricants have been further segmented into automotive lubricants, aviation lubricants, industrial lubricants, marine lubricants, and food-grade lubricants.
Based on end-use industry, esters market is segmented into chemicals, food, automotive and aviation, marine, textiles, cosmetics and personal care products, and general manufacturing. Chemicals have been further segmented into plastic and polymers, soaps and detergents, explosive, paints and coatings, agrochemicals and domestic hygiene products, pharmaceutical, and industrial chemicals.
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Global Esters Market Country Level Analysis
Esters market is analysed and market size, volume information is provided by country product, end-use industry and application as referenced above.
The countries covered in the esters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the esters market due to the increasing production as well as consumption of esters in the region. North America region is expected to hold the largest growth rate due to the rising applications of esters in cosmetic as well as in lubricants industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Esters Market Share Analysis
Esters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to esters market.
The major players covered in the esters market report are
· BASF SE
· Exxon Mobil Corporation.
· Arkema Group
· Ashland, Inc.
· Evonik Industries AG
· Procter & Gamble
· Kao Corporation
· Oleon N.V.
· Mitsubishi Chemical Corporation
· PMC Biogenix, Inc.
· Calumet Specialty Products Partners
· Croda International plc
· Interplastic Corporation
· ZSCHIMMER & SCHWARZ
among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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