The U.S.
Esters Market report discusses the
primary market growth drivers and challenges that the vendors and the market as
a whole face and provides an overview of the key trends emerging in the market.
It also talks about the market size of different segments and their growth
aspects along with key leading countries in Americas, Asia-Pacific, Europe, the
Middle East, and Africa regions.
U.S. Esters Market is estimated to grow significantly in the forecast
period owing to the increase in demand for stabilizers and emulsifiers from
personal care segment. Esters are the organic compounds that produce organic or
inorganic acids when reacted with water. Esters possess properties like
flexibility and low polarity and are more volatile than the equivalent amides.
Esters are widely used as aromas in different fruits, pharmaceutical items and
personal care products like shampoos.
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Some of the major objectives of this
report:
1. To provide detailed analysis of the market
structure along with forecast of the various segments and sub-segments of the
global U.S. Esters Market.
2. To provide insights about factors
affecting the market growth. To analyze the U.S. Esters Market based on various
factors- price analysis, supply chain analysis, porter five force analysis etc.
3. To provide historical and forecast revenue
of the U.S. Esters Market segments and sub-segments with respect to four main
geographies and their countries- North America, Europe, Asia, and Rest of the
World.
4. Country level analysis of the market with
respect to the current market size and future prospective.
5. To provide country level analysis of the
market for segment by application, product type and sub-segments.
6. To provide strategic profiling of key
players in the market, comprehensively analyzing their core competencies, and
drawing a competitive landscape for the market.
7. Track and analyze competitive developments
such as joint ventures, strategic alliances, mergers and acquisitions, new
product developments, and research and developments in the global U.S. Esters
Market.
U.S. esters market is witnessing growth due to factors like developments
and innovations in surfactants, lubricants, pesticides and others, economic
developments, growing population that demands personal care products and
growing industrialization. Esters are extensively used in synthetic lubricants,
which ultimately encourages U.S. esters industry. Moreover, growth in food
industry due to increasing population is fueling United States esters market.
However, the market is restrained by the government regulations for limiting
the use of unsafe chemicals in the food & personal care products and
unstable prices of raw materials.
Nevertheless, low labor cost and regulations by government are
encouraging the market growth of esters. Functional efficiency followed by
biodegradability, sustainability and performance offered by esters are gaining
traction by the market players. Also, the development of various personal care
industries are expected to bring opportunities in U.S. esters industry in the
coming years.
U.S. esters market is categorized on the basis of product type,
application and geography. On the basis of product type, the market is divided
into complex esters, diesters, monoesters and methyl esters. Complex esters
segment is expected to lead U.S. esters industry since they offer high film
thickness, wide viscosity range, high surface activity, and are cost-effective.
Based on application, U.S. esters market is bifurcated into industrial
lubricants, automotive lubricants, marine lubricants, aviation lubricants and
food grade lubricants. Aviation segment followed by automotive and industrial
segment are expected to hold larger market share of esters due to wide
applications. Geographically, U.S. esters industry is segmented as The West,
Southwest, The Middle Atlantic, New England, The South and The Midwest.
The key players in United States esters industry comprise Arkema,
Chemtura, Lanxess, Dow Chemical, Evonik Industries, DuPont, Procter &
Gamble (P&G), Croda International, Sasol, PCC Chemax, Honeywell, Eastman
Chemical, Ashland, AkzoNobel, Innospec, Archer Daniels Midland, LG Chem,
Elementis Specialties, Valtris Specialty Chemicals, Rotuba, PMC Biogenix,
Polymer Plastics Co. LC.AndStepan Company.
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