Global Esterquats Market, By Form (Dry, Liquid), Product (TEA-Quats, MDEA and others), Feedstock (Tallow based, Vegetable based), Application (Fabric Care Products, Personal Care Products, Industrial) – Industry Trends and Forecast to 2029.
Esterquats Market Analysis and Size
The increasing focus of developed countries towards improving the effectiveness of laundry operations is leading to an increase in the demand for detergent powders and fabric softeners, thus stimulating the demand and supply of ester quats. Along with this, the increase in the use of personal and cosmetic products by consumers with increasing per capita income and lifestyle changes are expected to boost market growth rate during the forecast period.
Data Bridge Market Research analyses that the esterquats market was valued at USD in 2.56 billion 2021 and is expected to reach USD 5.40 billion by 2029, registering a CAGR of 9.78% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Esterquats Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Form (Dry, Liquid), Product (TEA-Quats, MDEA and others), Feedstock (Tallow based, Vegetable based), Application (Fabric Care Products, Personal Care Products, Industrial) |
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Countries Covered |
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, South Africa, Egypt, Israel, 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 |
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Market Players Covered |
Stepan Company (U.S.), KAO CORPORATION (Japan), Evonik Industries (Germany), Akzo Nobel N.V.(Netherland), ABITEC (U.S.), BASF SE (Germany), The Lubrizol Corporation (U.S.), Clariant (Switzerland), Dun & Bradstreet (U.S.), Solvay (Belgium), Dow (U.S,), LG Chem (South Korea), Italmatch Chemicals S.p.A (Italy), Chemelco (Netherland), Berkshire Hathaway Inc. (U.S.) |
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Market Opportunities |
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Market Definition
Esterquats is also known as quaternary ammonium, which contains two long chains of fatty acid with double weaker ester bonds. Esterquats characterise surfactants, categorized into cationic surfactants generally used in fabric care and personal care products. Furthermore, esterquats act as softening and conditioning agents for applications in numerous industries such as textile, fabric care, and personal care.
Global Esterquats Market Dynamics
Drivers
- Growth and expansion of pharmaceutical sector
The growth of the esterquats market is spurred by the rapid expansion of the pharmaceutical sector majorly due to the growing population and increasing disposable income all over the globe. Esterquats is widely used in drug delivery and as a control releasing agent in the pharmaceutical sector. The growth and expansion of the pharmaceutical sector is the major factor that increases the demand of esterquats in the pharmaceutical sector and is expected to boost the growth of the esterquats market.
- Growing demand of esterquats in cosmetic and personal care sector
The increasing demand for esterquats in the cosmetic and personal care industry will bring huge development opportunities for the esterquats market. The usage in cosmetic products is similar to that of pharmaceuticals. The increasing demand of TEA-quats for the production of hair conditioners, cosmetics and creams, applications is expected to propel the market growth. Furthermore, the rising urbanization and the increasing disposable income of various individuals all over the globe have led to a rise in the sales of personal and cosmetics care products, which will significantly shape the growth of the esterquats market.
Furthermore, increasing awareness about several fabric softener products among consumers is vital to escalating the market growth. The ncreasing adoption of eco-friendly friendly products in developed and developing countries, rising adoption of washing machines across the globe, growing awareness regarding the use of beauty care and health products, rising employment rate, urbanization and rising per capita income are the major factors among others driving the esterquats market are some another major factors which is expected to boost the growth of the esterquats market during the forecast period of 2022-2029.
Opportunities
- Increasing demand for surfactants and burgeoning home care product
The advanced products integrating automation are being offered to consumers all over the globe. Laundry operations are where consumers have shifted from traditional to automatic washing machines for a long time. As a result, the demand for laundry products such as fabric softeners and detergents has peaked. Esterquats are the major raw material that is used in softeners for fabrics. Growing demand for fabric softeners is anticipated to create immense opportunities for the growth of the esterquats market globally.
Furthermore, there has been a steady rise in demand for surfactants in numerous major applications, such as home care products, institutional and industrial cleaning, and personal care products. This growth in the surfactants market will directly positively affect the esterquats market.
Restraints/ Challenges
- Cost Issues associated with esterquats market
The raw materials such as di-triethanolamine, mono-triethanolamine and fatty acids obtained from vegetables or tallow are required for the TEA esterquats. The crude oil is the major feedstock for the manufacture of ethanolamine. The volatility in the price of crude oil may affect the prices of raw materials which used in the production of esterquats. This is anticipated to be a major restraining factor for the growth of the esterquats market during the forecast period.
This esterquats market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the esterquats market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact on Esterquats
The outbreak of Covid-19 has affected the existing operation of the textile sector due to several reasns such as labour migration, restrictions on the social gathering, and affecting all stakeholders in the textile sector's value chain. The industry has faced several challenges during production such as non-availability of skilled workers, cash flow and working capital, transportation problems, and more. Therefore, with the reduction in the textile industry functioning, the demand for fabric softeners has considerably decreased, contributing to a major revenue loss for the esterquats market during the pandemic.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In January 2019, Kao Chemicals appointed Univar as its distributor in Portugal and Spain. The appointment marks an extended agreement with Univar and helped Univar grow its industrial and home cleaning offerings and the personal and beauty care markets.
Global Esterquats Market Scope
The esterquats market is segmented on the basis of form, product, feedstock and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
- Dry
- Liquid
Product
- TEA-Quats
- MDEA
- Others
Feedstock
- Tallow based
- Vegetable based
Application
- Fabric Care Products
- Personal Care Products
- Industrial
Esterquats Market Regional Analysis/Insights
The esterquats market is analysed and market size insights and trends are provided by country, source, form, product, feedstock and application as referenced above.
The countries covered in the esterquats 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, South Africa, Egypt, Israel, 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 esterquats market in terms of revenue and market share due to increasing income, growing awareness among customers regarding the use of environment-friendly products and increased standard of living of the people in this region.
North America is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to presence of prominent players and its increased penetration in the fabric market in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Esterquats Market Share Analysis
The esterquats 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 esterquats market.
Some of the major players operating in the esterquats market are:
- Stepan Company (U.S.
- KAO CORPORATION (Japan)
- Evonik Industries (Germany)
- Akzo Nobel N.V. (Netherland)
- ABITEC (U.S.)
- BASF SE (Germany)
- The Lubrizol Corporation (U.S.)
- Clariant (Switzerland)
- Dun & Bradstreet (U.S.)
- Solvay (Belgium)
- Dow (U.S.)
- LG Chem (South Korea)
- Italmatch Chemicals S.p.A (Italy)
- Chemelco (Netherland)
- Berkshire Hathaway Inc. (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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