Humectants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 149 Pages I IMARC Group
The global humectants market size reached US$ 26.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 40.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.06% during 2022-2028.
Humectants are hygroscopic organic compounds that form hydrogen bonds with water molecules. They can either be derived from natural sources, such as glycerin, honey, aloe vera gel, and lactic acid or synthetically produced. They assist in absorbing moisture from the air and retaining it into the stratum corneum, which is the upper layer of the skin. As they also aid in making the skin appear and feel soft, supple, hydrated, and less flaky and prone to cracking or chaffing, they are widely utilized in the manufacturing of beauty and personal care products.
Humectants Market Trends:
A rise in the consumption of health supplements, bakery products, functional beverages, and confectionery products on account of the growing spending capacities of individuals around the world represents one of the key factors driving the market. Humectants help in enhancing stability, maintaining texture, reducing microbial activity, and increasing the shelf life of products. Apart from this, they assist in moisturization, exfoliation, solvency to dissolve actives and improve the stability of oil in water emulsions. As a result, they are considerably being utilized in the production of soaps, shampoos, and conditioners worldwide. Besides this, the rising adoption of humectants in drug development to regulate the water content of pharmaceutical dosage and ingredient solubility is also propelling the growth of the market. Furthermore, leading market players are developing effective humectants for resin-free pigment concentrates that do not contribute to volatile organic compounds (VOCs) and have a lower influence on paste properties, such as color strength and viscosity. These innovations have resulted in the expanding application of humectants in architecture, paints and coatings, and other industries across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global humectants market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source, type and application.
Breakup by Source:
Synthetic
Natural
Breakup by Type:
Sugar Alcohol
Alpha Hydroxy Acid and Polysaccharides
Glycols
Others
Breakup by Application:
Food and Beverages
Oral and Personal Care
Pharmaceuticals
Animal Feed
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer Daniels Midland Company, Ashland Global Holdings Inc., Barentz, BASF SE, Brenntag SE, Cargill Incorporated, Corbion N.V., DuPont Tate & Lyle Bio Products Company LLC, Ingredion Incorporated, Roquette Freres, The Lubrizol Corporation (Berkshire Hathaway Inc.) and Vantage Specialty Chemicals Inc.
Key Questions Answered in This Report
1. What was the size of the global humectants market in 2022?
2. What is the expected growth rate of the global humectants market during 2023-2028?
3. What are the key factors driving the global humectants market?
4. What has been the impact of COVID-19 on the global humectants market?
5. What is the breakup of the global humectants market based on the source?
6. What is the breakup of the global humectants market based on the type?
7. What is the breakup of the global humectants market based on the application?
8. What are the key regions in the global humectants market?
9. Who are the key players/companies in the global humectants market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Humectants Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
6.1 Synthetic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Natural
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Type
7.1 Sugar Alcohol
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Alpha Hydroxy Acid and Polysaccharides
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Glycols
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Food and Beverages
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oral and Personal Care
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Pharmaceuticals
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Animal Feed
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Archer Daniels Midland Company
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Ashland Global Holdings Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Barentz
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 BASF SE
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Brenntag SE
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Cargill Incorporated
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 SWOT Analysis
14.3.7 Corbion N.V.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 DuPont Tate & Lyle Bio Products Company LLC
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Ingredion Incorporated
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Roquette Freres
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
14.3.11 The Lubrizol Corporation (Berkshire Hathaway Inc.)
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 SWOT Analysis
14.3.12 Vantage Specialty Chemicals Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
Figure 1: Global: Humectants Market: Major Drivers and Challenges
Figure 2: Global: Humectants Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Humectants Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Humectants Market: Breakup by Source (in %), 2022
Figure 5: Global: Humectants Market: Breakup by Type (in %), 2022
Figure 6: Global: Humectants Market: Breakup by Application (in %), 2022
Figure 7: Global: Humectants Market: Breakup by Region (in %), 2022
Figure 8: Global: Humectants (Synthetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Humectants (Synthetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Humectants (Natural) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Humectants (Natural) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Humectants (Sugar Alcohol) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Humectants (Sugar Alcohol) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Humectants (Alpha Hydroxy Acid and Polysaccharides) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Humectants (Alpha Hydroxy Acid and Polysaccharides) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Humectants (Glycols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Humectants (Glycols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Humectants (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Humectants (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Humectants (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Humectants (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Humectants (Oral and Personal Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Humectants (Oral and Personal Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Humectants (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Humectants (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Humectants (Animal Feed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Humectants (Animal Feed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Humectants (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Humectants (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Humectants Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Humectants Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Humectants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Humectants Industry: SWOT Analysis
Figure 80: Global: Humectants Industry: Value Chain Analysis
Figure 81: Global: Humectants Industry: Porter's Five Forces Analysis
Table 1: Global: Humectants Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Humectants Market Forecast: Breakup by Source (in Million US$), 2023-2028
Table 3: Global: Humectants Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 4: Global: Humectants Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Humectants Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Humectants Market: Competitive Structure
Table 7: Global: Humectants Market: Key Players
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