Polysorbate-80 Market's Remarkable Growth Demand in Europe, USA Forecasting a US$ 661.1 Million Value by 2032 | FMI

Polysorbate's Versatile Applications Drive Growth in Medicine and Personal Care Sectors

NEWARK, DELAWARE, UNITED STATES OF AMERICA, November 21, 2023 /EINPresswire.com/ -- The Polysorbate-80 market has seen a notable increase in the last few years. The rising demand for pharmaceutical items is one of the main factors contributing to this growth. In medicine formulations, polysorbate-80 is frequently employed as a solubilizer and stabilizer, especially in the case of biologics, vaccines, and anticancer medications. It is an important component in the pharmaceutical business because of its capacity to improve the solubility and bioavailability of poorly water-soluble medications.

The Polysorbate-80 (PS80) market hit US$ 352.2 million in 2022. Its accelerated growth links to increased bio-based product supply and a focus on skincare quality. Projections expect a robust 6.5% CAGR, reaching around US$ 661.1 million by 2032.

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Polysorbate-80, also known as Tween 80, is a non-ionic surfactant and emulsifier that is widely used in various industries, including pharmaceuticals, food and beverages, cosmetics, and personal care products. It is derived from ethoxylated sorbitol and oleic acid.

In 2022, the value of the global Polysorbate-80 market was estimated to be US$ 352.2 Million. It is assumed that the market for PS80 is expanding more quickly because there is a greater supply of bio-based goods available and more people are aware of the value of skincare products. Between 2022 and 2032, it is predicted that sales of all Polysorbate-80 products would increase at a strong CAGR of 6.5%, reaching a total of about US$ 661.1 Million.

Polysorbate-80 (PS80), also known as “tween 80” is a fatty acid esters of Polyoxyethylene Sorbian. PS80 consists of a heterogeneous chemical structure distribution. PS80s are commonly used as non-ionic surfactants in the formulation of bio-therapeutic products to prevent surface adsorption and stabilize protein against aggregation induced by stresses such as agitation and shear. It is widely used in food preparation, pharmaceuticals, and personal care and beauty products, such as cold creams, baby lotions, bath oils, and suntan lotions.

Polysorbate80 is also used in ice cream preparation as it prevents the ice cream from melting rapidly. It is also used in formulating influenza vaccines.

“The recent market study on Polysorbate-80, it's evident that this sector is experiencing substantial growth, attributed to its versatile applications in pharmaceuticals, beauty, and personal care” - Nandini Roy Choudhury, Client Partner at Future Market Insights

Polysorbate-80 Market: Drivers & Restraints:

The continuous rise in demand from the end-use industry such as pharmaceuticals, food & beverages, personal care & cosmetics, plays a vital role in the growth of the global polysorbate market. Today the market is also experiencing a huge demand for bio-based products, which is also contributing to the growth of the global polysorbate market. Increasing awareness about the use of quality skin care products is a major driver for the industry.

Polysorbate-80 is normally extracted from natural sources such as; turkey-red oil and coconut oil. Depletion of such natural resources might prove to be a major constraint for the market globally. Polysorbate-80 in some cases has caused skin irritation and other minor skin disorders. These side effects could also act as a restraint in this market.

The Availability of cheap and synthetic substitutes, mainly in the form of borax & sodium borate could act as a potential threat for the market globally.

Polysorbate-80 Market Region Wise Outlook:

Geographically, the polysorbate-80 market is segmented into seven regions which are; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.

Polysorbate-80 Market Key Players:

Some of the key players across the value chain dominating this market are; Lotion crafter LLC, Croda International plc, Mohini Organics Pvt. Ltd., Huyze Bladelin, Solenis, Croda International, Camden-grey Essential Oils, Mohini Organics Pvt. Ltd., M S Mehta & Co, Shine-Sarod Nigeria Limited, Chimi Gostaran Saba ( C. G. S. ), Reachin Chemical Co., Ltd. Guangzhou Runhua Food Additive Co., Ltd, Wmc marketing, Gulf Care Factory, and Mukasa Distributors Ltd.

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Polysorbate-80 Market Segmentation:

The global polysorbate-80 market is broadly segmented on the basis of source, and application.

On the basis of source, it is further segmented into:

plants source
animals source
synthetic source
palm
olive
bay tree, etc
cow fat
sheep fat
pig fat, etc

On the basis of application, the global polysorbate-80 market can be segmented:

food & beverages
pharmaceuticals
personal care & cosmetics

Authored by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives. 

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Ankush Nikam
FMI
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