Market Overview:
The global ester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for esters in food & beverages, personal care & cosmetics, textile, packaging and other applications. Fatty acid esters are the most widely used type of esters and are projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
An ester is a compound that is derived from an alcohol and an acid, usually by the reaction of the two molecules in the presence of a catalyst. Esters are used as solvents, flavorings, and perfumes. They are also important in chemical synthesis and as plasticizers.
Fatty Acid Esters:
Fatty acid esters are fatty acid derivatives. They are formed by the reaction between an alcohol and an olefin. The most common types of alcohols used in the production of FAE include ethanol, 1-propanol, 2-propanol, 1-butanol and 2-butanol.
The major applications of FAE include industrial solvents (such as cleaning agents), personal care products (soaps & detergents), food additives.
Phosphate Esters:
Phosphate esters are chemical compounds derived from phosphoric acid and an alcohol. They are white waxy solid substances, usually with a sickeningly sweet fragrance. Phosphate esters can be segmented into three categories; linear, branched and cyclic phosphate ester. The most commonly used phosphate ester is called diethyl phopho-ates or DEP which stands for Di-Ethyl Phosphate.
Application Insights:
Food & beverage, personal care & cosmetics, textiles and packaging are the key application areas of fatty acid esters. In 2017, food & beverages accounted for more than 50% of the overall market share. The segment is expected to continue its dominance over the forecast period owing to factors such as growing population coupled with increasing disposable income in developing countries including China and India.
The demand for fatty acid esters in surfactants application is projected to witness a CAGR of XX% from 2018 to 2030 on account of rising applications in liquid cleaners (laundry) and dishwashing gels/soaps followed by lubricant at 5%. Growing consumption due to their high biodegradability will drive the product demand over next seven years especially in surfactants applications which form an essential part of many industrial processes such as emulsification, wetting agents cleaning agents etcetera globally thereby driving industry growth across various end-use industries globally.
Regional Analysis:
Asia Pacific dominated the global ester market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as personal care, packaging, and textile is anticipated to drive growth. In addition, rising disposable income levels in emerging economies such as China and India are expected to fuel product demand over the next eight years.
The European market for esters consists primarily of Germany, France, Italy, U.K.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and agriculture
- Growing popularity of esters in personal care products
- Rising demand for bio-based esters in the agrochemical industry
- Technological advancements in the production of esters
- Growing awareness about the benefits of esters among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Ester Market Research Report
By Type
Fatty Acid Esters, Phosphate Esters, Polyesters, Acrylic Esters, Others
By Application
Food & Beverages, Personal Care & Cosmetics, Textile, Personal Care & Cosmetics, Packaging, Surfactants, Lubricant, Others
By Companies
Chemtura Corporation, BASF SE, Cargill Incorporated, Exxon Mobil Corporation, Croda International Plc, NYCO, Ashland, The Dow Chemical Company, Esterchem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ester Market Report Segments:
The global Ester market is segmented on the basis of:
Types
Fatty Acid Esters, Phosphate Esters, Polyesters, Acrylic Esters, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Personal Care & Cosmetics, Textile, Personal Care & Cosmetics, Packaging, Surfactants, Lubricant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chemtura Corporation
- BASF SE
- Cargill Incorporated
- Exxon Mobil Corporation
- Croda International Plc
- NYCO
- Ashland
- The Dow Chemical Company
- Esterchem
Highlights of The Ester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fatty Acid Esters
- Phosphate Esters
- Polyesters
- Acrylic Esters
- Others
- By Application:
- Food & Beverages
- Personal Care & Cosmetics
- Textile
- Personal Care & Cosmetics
- Packaging
- Surfactants
- Lubricant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ester is a type of organic compound with the formula C4H10O2. It is a colorless liquid that has a sour odor. Esters are used in many types of products, including fragrances and cosmetics.
Some of the major companies in the ester market are Chemtura Corporation, BASF SE, Cargill Incorporated, Exxon Mobil Corporation, Croda International Plc, NYCO, Ashland, The Dow Chemical Company, Esterchem.
The ester market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ester Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ester Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ester Market - Supply Chain
4.5. Global Ester Market Forecast
4.5.1. Ester Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ester Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ester Market Absolute $ Opportunity
5. Global Ester Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ester Market Size and Volume Forecast by Type
5.3.1. Fatty Acid Esters
5.3.2. Phosphate Esters
5.3.3. Polyesters
5.3.4. Acrylic Esters
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ester Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ester Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Personal Care & Cosmetics
6.3.3. Textile
6.3.4. Personal Care & Cosmetics
6.3.5. Packaging
6.3.6. Surfactants
6.3.7. Lubricant
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ester Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ester Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ester Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ester Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ester Demand Share Forecast, 2019-2026
9. North America Ester Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ester Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ester Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Personal Care & Cosmetics
9.4.3. Textile
9.4.4. Personal Care & Cosmetics
9.4.5. Packaging
9.4.6. Surfactants
9.4.7. Lubricant
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ester Market Size and Volume Forecast by Type
9.7.1. Fatty Acid Esters
9.7.2. Phosphate Esters
9.7.3. Polyesters
9.7.4. Acrylic Esters
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ester Demand Share Forecast, 2019-2026
10. Latin America Ester Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ester Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ester Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Personal Care & Cosmetics
10.4.3. Textile
10.4.4. Personal Care & Cosmetics
10.4.5. Packaging
10.4.6. Surfactants
10.4.7. Lubricant
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ester Market Size and Volume Forecast by Type
10.7.1. Fatty Acid Esters
10.7.2. Phosphate Esters
10.7.3. Polyesters
10.7.4. Acrylic Esters
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ester Demand Share Forecast, 2019-2026
11. Europe Ester Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ester Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ester Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Personal Care & Cosmetics
11.4.3. Textile
11.4.4. Personal Care & Cosmetics
11.4.5. Packaging
11.4.6. Surfactants
11.4.7. Lubricant
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ester Market Size and Volume Forecast by Type
11.7.1. Fatty Acid Esters
11.7.2. Phosphate Esters
11.7.3. Polyesters
11.7.4. Acrylic Esters
11.7.5. Others
11.8. Basis Pint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ester Demand Share, 2019-2026
12. Asia Pacific Ester Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ester Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ester Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Personal Care & Cosmetics
12.4.3. Textile
12.4.4. Personal Care & Cosmetics
12.4.5. Packaging
12.4.6. Surfactants
12.4.7. Lubricant
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ester Market Size and Volume Forecast by Type
12.7.1. Fatty Acid Esters
12.7.2. Phosphate Esters
12.7.3. Polyesters
12.7.4. Acrylic Esters
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ester Demand Share, 2019-2026
13. Middle East & Africa Ester Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ester Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ester Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Personal Care & Cosmetics
13.4.3. Textile
13.4.4. Personal Care & Cosmetics
13.4.5. Packaging
13.4.6. Surfactants
13.4.7. Lubricant
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ester Market Size and Volume Forecast by Type
13.7.1. Fatty Acid Esters
13.7.2. Phosphate Esters
13.7.3. Polyesters
13.7.4. Acrylic Esters
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ester Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ester Market: Market Share Analysis
14.2. Ester Distributors and Customers
14.3. Ester Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chemtura Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF SE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cargill Incorporated
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exxon Mobil Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Croda International Plc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NYCO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ashland
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Dow Chemical Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Esterchem
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
