The global demand for Esterquats Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XXX KT in 2019 and foreseen to touch XXX KT by 2026 with a CAGR of X.X% during 2020-2026.
Esterquats are a novel class of fabric softeners containing ammonium compounds. Their structural characteristics make them suited for use as a fabric conditioner as well. These softeners when used adheres to the fabric eliminating static cling thus reducing fabric wrinkle and the need for ironing. They have an excellent environmental profile and provide colour care to the fabric. They are also used in hair care products, car washing agents, personal care products like soaps, beauty products and other industrial applications. The various favourable properties demonstrated by esterquats are antimicrobial, antistatic, corrosion preventive, low toxicity, biodegradability and versatility.
The rise in disposable income and high-performance requirements is driving the market of esterquats to grow at an alarming rate. Increased inclination towards beauty products and environmentally friendly products by the global population will help the market augment at a faster rate. Since the use of esterquats reduce corrosion, improve aesthetics and enhance equipment life their increasing adoption in the industrial sector will boost the market. The textile industry is the largest consumer of esterquats and its market will see an added boost due to COVID -19 since people are involved in preventive measures to avoid the spread of the virus. The major challenge faced by the market is the need for reduction in water consumption while using these products.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of esterquats.
The entire esterquats market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Fabric Care
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for esterquats market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Esterquats Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the esterquats market include Stepan Company, Kao Chemicals Europe, Evonik Industries, AkzoNobel, Chemelco International B.V., ABITEC Corporation, BASF SE, Lubrizol, Italmach Chemicals, Clariant Chemicals. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.