The global polysorbate market was valued at USD 995.4 Million in 2018 and is projected to register a CAGR of 4.9% from 2019 to reach USD 1,478.0 Million by the year 2026. Polysorbates are an oily liquid which are derived from ethoxylated sorbitan esterified with fatty acids. They are a class of emulsifiers which are often used in pharmaceuticals and in food preparation and used in cosmetics to solubilize essential oils into water based products. Based on the number 20 followed by the ‘polyethylene’ part the total number in the molecule, polysorbate is divided into various products such as the grade 20, grade 40, grade 60, and grade 80 among others.
Polysorbates have ample applications in the pharmaceutical and veterinary health sectors. The stability of a vaccine is influenced by the specific formulation of the product, the addition of stabilizing compounds such as polysorbate, the compatibility of the product with the intended container and closure and the preparative treatments reduces adsorption or chemical interaction of the vaccine components with the container, and the vaccine's specific temperature limits. Polysorbate have sufficiently robust to maintain full potency above the minimum release specifications for more than 1 year, when stored at 4°C to 8. This property is intended to make them a main ingredient in vaccine manufacturing.
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Top Players in the Global Polysorbate Market:
N.S. Chemicals, Mohini Organics Pvt. Ltd., ESCA Chemicals, Croda Industrial Chemicals, BASF SE, Sigma-Aldrich, Spectrum Chemical Manufacturing Company, Tjn Chemical industry, Guanhzhou Runhua Chemistry co. ltd., NOF Europe GmbH (NOF Group), and Sisco research.
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Market segmentation based on Grade Outlook:
- Polysorbate 20
- Polysorbate 40
- Polysorbate 60
- Polysorbate 80
- Polysorbate 81
- Tablets Capsules
Administration Route Outlook:
Usage Form Outlook:
Application Industry Outlook:
- Veterinary Health
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Polysorbate market over the forecast period?
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- Which regional market is expected to lead in terms of revenue share in the global Polysorbate market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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