Global Esterquats Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Esterquats Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Esterquats Business, Market Share of Product, Application and Regional Scope of Esterquats which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.
The global Esterquats Market size is expected to value at
USD 3.45 billion by 2024. The market is subject to witness a substantial growth
due to the growing demand from fabric softener industry. Additionally, the rise
in requirement for high performance and sweet-scented fabric softeners is
anticipated to fuel demand for the market over the forecast period. Other factors
responsible for the growth of the market are rise in the awareness among users,
increase in the personal disposable income and innovation in fabric softener
products. Globally, the esterquats industry is predicted to grow at CAGR of
11.0% in forecast period, providing numerous opportunities for market players
to invest for research and development in the market.
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With the recent technological developments coupled with
superior performance and lower cost of esterquats products have led to
increasing adoption of esterquats during production of fabric softeners.
Esterquats offers low toxicity and bio-degradability, which makes it an ideal
alternative to dihydrogenated tallow alkyl dimethyl ammonium chloride during
manufacturing of fabric softeners. Rise in the investment by industry leaders
in research and development of esterquats is expected to propel the growth of
the market in coming years.
Hair care is one of the fastest growing segment in
esterquats market with higher revenue generation over the forecast period.
Governmental laws and regulation related with use of conventional material and
their environmental impact, is promoting adoption of esterquats in health and
beauty care industry. With rise in the young population across the globe
coupled with rapid urbanization, higher employment rate, and rise in the
standard of living are catering to the growth of the market in coming years.
The esterquats industry is divided into regional market
segment such as North America, Europe, Asia-Pacific, Latin America and Africa.
European region has shown major growth in recent years owing to the rise in the
number of governmental regulation associated with adoption of environmental
friendly products, and easy accessibility for numerous fabric softeners. The
demand in Europe is driven by countries such as UK, Germany, Spain, and Italy.
Asia-Pacific region is predicted to hold major market share in the esterquats
market with massive growth in forecast period. Countries such as South Korea,
Japan, and China are leading the Asia-Pacific market with rising awareness
among users related to health benefits of various ingredients used during
production personal care and fabric care products and growing investment by
industry leader considering poetical opportunities in the region.
The key players in the esterquats industry are Stepan
Company Incorporations, Kao Chemicals Europe, S.L., Evonik Industries AG,
AkzoNobel N.V., Chemelco International B.V., ABITEC Co., BASF Co., Lubrizol
Co., Italmatch Chemicals S.p.A., and Clariant Chemicals Limited.
Table of Contents
Chapter 1 Esterquats Market Overview
1.1 Esterquats Definition
1.2 Esterquats Market Size Status and Outlook (2010-2024)
1.3 Global Esterquats Market Size Comparison by Region (2010-2024)
1.4 Global Esterquats Market Size Comparison by Type (2010-2024)
1.5 Global Esterquats Market Size Comparison by
Application (2010-2024)
1.6 Global Esterquats Market Size Comparison by Sales
Channel (2010-2024)
1.7 Esterquats Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 Esterquats Market Segment Analysis by Player
Chapter 3 Esterquats Market Segment Analysis by Type
And Continue…
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