Ester Market Research Report- Forecast till 2030

Ester Market Research Report- Information by Source (Natural and Synthetic), Application (Adhesive, Oil Additive, Binder, Sizing Agent, And Others), End-Use Industry (Cosmetic & Personal Care, Lubricant, Paint & Coatings, Pulp & Paper, Construction and Others) and Region – Forecast Till 2030

ID: MRFR/CnM/4084-HCR | February 2021 | Region: Global | 139 pages

Ester Market- Segmentation


The global ester market is segmented on the basis of source, application, end use industry, and region. On the basis of the source, the market is bifurcated into natural and synthetic. On the basis of the application, the market is classified into adhesive, oil additive, binder, sizing agent, and others. On the basis of the end-use industry, ester market is categorized into cosmetic & personal care, lubricant, paint & coatings, pulp & paper, construction, and others. On the basis of the region, the market is divided into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa.


Key Players


Some of the prominent players operating in the global ester market are Ashland (U.S.), DAK Americas (U.S.), Esterchem Ltd. (U.K), Huntsman International LLC (U.S.), BASF SE (Germany), Evonik (Germany), Sigma-Aldrich Co. LLC. (U.S.), U-PICA Company.Ltd. (Japan), Michelman, Inc. (U.S.), NOF CORPORATION. (Japan), and Fushun Anxin Chemical Co., Ltd. (China).


Synopsis of Ester Market:


Ester is a non-hydrocarbon organic substance that is derived from the reaction between carboxylic acid and alcohol. It is obtained by either natural means or by synthetic means. Naturally, the occurring ester is predominantly derived from seed oils such as rapeseed oil, soya bean, and sunflower oil. Synthetic esters have excellent oxidation stability and low pour point, which can be utilized in a wide range of application such as oil additive, adhesive, sizing agent, binder, and others. It is finally used in numerous end-use industries such as lubricant, paint & coatings, pulp & paper, cosmetic & personal care, construction, and others.


As per the analysis, some of the noticeable market factors and trends identified in the global ester market include the growing construction activities, rising consumption of ester as a sizing agent in paper & pulp, and continuous growth of defense sector. Furthermore, increasing mining-related activities leads to the higher consumption of explosives, which, in turn, is predicted to fuel the demand for nitrate ester over the assessment period. Increasing population along with rising consumption of packaged food & beverage is estimated to drive the demand for ester over the forecast period. Moreover, some of the types of ester are used as a textile finishing agent or binder in the textile industry. Thus, the continuous growth of the textile industry has presented a lucrative opportunity to the global ester market. Growing automotive production and sales coupled with increasing demand for ester from lubricant industry is predicted to propel the growth of the market. Rising per capita disposable income in emerging economies along with increasing consumption of cosmetic & personal care products is estimated to drive the demand for ester over the assessment period. However, high cost associated with the ester-based lubricant is estimated to hinder the growth of the market.


The global ester market share by application (2016), (%)


 ester market share


Source: MRFR Analysis


Regional Analysis


The global ester market is further classified into five regions namely North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific emerged as the largest market share and estimated to hold around half of the market share in terms of value and volume in 2016 and is predicted to register a tremendous growth over the estimated period on account of the continuous growth of various end-use industries such as construction, automotive, paints & coatings among others. The demand for ester is expected to fuel the growth of the market in the various countries of Asia Pacific such as South Korea, India, Thailand, Taiwan, Malaysia, China, Australia, Bangladesh, Japan,  and Singapore owing to rapid industrialization and high adoption rate from various end-use industries.


The Asia Pacific emerged as the largest ester market followed by North America and Europe. North America is expected to be the second largest ester market and is estimated to witness a steady growth owing to recovery of the industrial sector combined with increasing investments to revitalize construction & paints & coatings sector over the forecast period. The U.S. holds the maximum market share in North America, which is further followed by Canada on account of increasing consumption of cosmetic & personal care products along expansion of textile industry. In Europe, countries such as Germany, Spain, Italy, the U.K, and France are estimated to be the largest contributor to the regional market on account of the significant growth of the automotive sector and expanding personal care industry. Latin American countries such as Mexico, Brazil, Colombia, and Venezuela are predicted to witness constant growth due to increasing spending on personal care products and the strong presence of big cosmetic brands. In the Middle East & Africa, various countries such as Qatar, Turkey, the United Arab Emirates, and Saudi Arabia are predicted to register a healthy growth due to increasing mining activities along with increasing consumption of ester based explosives.


Intended Audience



  • Ester manufacturers

  • Traders and Distributors of ester

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   (2022-2030) : Substantial Value
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Source, Application, End use industry
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Ashland (U.S.), DAK Americas (U.S.), Esterchem Ltd. (U.K), Huntsman International LLC (U.S.), BASF SE (Germany), Evonik (Germany), Sigma-Aldrich Co. LLC. (U.S.), U-PICA Company.Ltd. (Japan), Michelman, Inc. (U.S.), NOF CORPORATION. (Japan), and Fushun Anxin Chemical Co., Ltd. (China)
  Key Market Opportunities   Increasing mining-related activities leads to the higher consumption of explosives, which, in turn, is predicted to fuel the demand
  Key Market Drivers   The growing construction activities, rising consumption of ester as a sizing agent in paper & pulp, and continuous growth of defense sector.


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Frequently Asked Questions (FAQ) :


The forecast period for Ester Market research report is 2020-2027.

Some of the prominent players operating in the global ester market are Ashland (U.S.), DAK Americas (U.S.), Esterchem Ltd. (U.K), Huntsman International LLC (U.S.), BASF SE (Germany), Evonik (Germany), Sigma-Aldrich Co. LLC. (U.S.), U-PICA Company.Ltd. (Japan), Michelman, Inc. (U.S.), NOF CORPORATION. (Japan), and Fushun Anxin Chemical Co., Ltd. (China).

Global Ester market is dominated by APAC region.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Ester Market

5 Industry Overview of Global Ester Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Ester Market by Source

7.1 Introduction

7.2 Natural

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Synthetic

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Ester Market by Application

8.1 Introduction

8.2 Adhesive

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Oil Additive

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Binder

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Sizing Agent

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Ester Market by End-Use Industry

9.1 Introduction

9.2 Cosmetic & Personal Care

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Lubricant

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Paint & Coatings

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Pulp & Paper

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

9.6 Construction

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Region, 2020-2027

9.7 Others

9.7.1 Market Estimates & Forecast, 2020-2027

9.7.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Ester Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Source, 2020-2027

10.2.3 Market Estimates & Forecast by Application, 2020-2027

10.2.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.2.5 US

10.2.5.1 Market Estimates & Forecast, 2020-2027

10.2.5.2 Market Estimates & Forecast by Source, 2020-2027

10.2.5.3 Market Estimates & Forecast by Application, 2020-2027

10.2.5.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast, 2020-2027

10.2.6.2 Market Estimates & Forecast by Source, 2020-2027

10.2.6.3 Market Estimates & Forecast by Application, 2020-2027

10.2.6.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Source, 2020-2027

10.3.3 Market Estimates & Forecast by Application, 2020-2027

10.3.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020-2027

10.3.5.2 Market Estimates & Forecast by Source, 2020-2027

10.3.5.3 Market Estimates & Forecast by Application, 2020-2027

10.3.5.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.3.6 France

10.3.6.1 Market Estimates & Forecast, 2020-2027

10.3.6.2 Market Estimates & Forecast by Source, 2020-2027

10.3.6.3 Market Estimates & Forecast by Application, 2020-2027

10.3.6.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2020-2027

10.3.7.2 Market Estimates & Forecast by Source, 2020-2027

10.3.7.3 Market Estimates & Forecast by Application, 2020-2027

10.3.7.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2020-2027

10.3.8.2 Market Estimates & Forecast by Source, 2020-2027

10.3.8.3 Market Estimates & Forecast by Application, 2020-2027

10.3.8.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2020-2027

10.3.9.2 Market Estimates & Forecast by Source, 2020-2027

10.3.9.3 Market Estimates & Forecast by Application, 2020-2027

10.3.9.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Source, 2020-2027

10.4.3 Market Estimates & Forecast by Application, 2020-2027

10.4.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2020-2027

10.4.5.2 Market Estimates & Forecast by Source, 2020-2027

10.4.5.3 Market Estimates & Forecast by Application, 2020-2027

10.4.5.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2020-2027

10.4.6.2 Market Estimates & Forecast by Source, 2020-2027

10.4.6.3 Market Estimates & Forecast by Application, 2020-2027

10.4.6.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2020-2027

10.4.7.2 Market Estimates & Forecast by Source, 2020-2027

10.4.7.3 Market Estimates & Forecast by Application, 2020-2027

10.4.7.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2020-2027

10.4.8.2 Market Estimates & Forecast by Source, 2020-2027

10.4.8.3 Market Estimates & Forecast by Application, 2020-2027

10.4.8.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2020-2027

10.4.9.2 Market Estimates & Forecast by Source, 2020-2027

10.4.9.3 Market Estimates & Forecast by Application, 2020-2027

10.4.9.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.4.10 Rest of Asia-Pacific

10.4.10.1 Market Estimates & Forecast, 2020-2027

10.4.10.2 Market Estimates & Forecast by Source, 2020-2027

10.4.10.3 Market Estimates & Forecast by Application, 2020-2027

10.4.10.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.5 Middle East & Africa

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Source, 2020-2027

10.5.3 Market Estimates & Forecast by Application, 2020-2027

10.5.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.5.5 Turkey

10.5.5.1 Market Estimates & Forecast, 2020-2027

10.5.5.2 Market Estimates & Forecast by Source, 2020-2027

10.5.5.3 Market Estimates & Forecast by Application, 2020-2027

10.5.5.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.5.6 Israel

10.5.6.1 Market Estimates & Forecast, 2020-2027

10.5.6.2 Market Estimates & Forecast by Source, 2020-2027

10.5.6.3 Market Estimates & Forecast by Application, 2020-2027

10.5.6.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.5.7 North Africa

10.5.7.1 Market Estimates & Forecast, 2020-2027

10.5.7.2 Market Estimates & Forecast by Source, 2020-2027

10.5.7.3 Market Estimates & Forecast by Application, 2020-2027

10.5.7.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.5.8 GCC

10.5.8.1 Market Estimates & Forecast, 2020-2027

10.5.8.2 Market Estimates & Forecast by Source, 2020-2027

10.5.8.3 Market Estimates & Forecast by Application, 2020-2027

10.5.8.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.5.9 Rest of Middle East & Africa

10.5.9.1 Market Estimates & Forecast, 2020-2027

10.5.9.2 Market Estimates & Forecast by Source, 2020-2027

10.5.9.3 Market Estimates & Forecast by Application, 2020-2027

10.5.9.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.6 Latin America

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Source, 2020-2027

10.6.3 Market Estimates & Forecast by Application, 2020-2027

10.6.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, 2020-2027

10.6.5.2 Market Estimates & Forecast by Source, 2020-2027

10.6.5.3 Market Estimates & Forecast by Application, 2020-2027

10.6.5.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.6.6 Argentina

10.6.6.1 Market Estimates & Forecast, 2020-2027

10.6.6.2 Market Estimates & Forecast by Source, 2020-2027

10.6.6.3 Market Estimates & Forecast by Application, 2020-2027

10.6.6.4 Market Estimates & Forecast by End Use Industry, 2020-2027

10.6.7 Rest of Latin America

10.6.7.1 Market Estimates & Forecast, 2020-2027

10.6.7.2 Market Estimates & Forecast by Source, 2020-2027

10.6.7.3 Market Estimates & Forecast by Application, 2020-2027

10.6.7.4 Market Estimates & Forecast by End Use Industry, 2020-2027

11. Company Landscape

12. Company Profiles

12.1 Ashland

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 DAK Americas

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Esterchem Ltd.

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Huntsman International LLC

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 BASF SE

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Evonik

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Sigma-Aldrich Co. LLC.

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 U-PICA Company.Ltd.

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Michelman, Inc.

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 NOF CORPORATION.

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.11 Fushun Anxin Chemical Co., Ltd.

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

13 Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2027)

Table 2 Global Ester Market: By Region, 2020-2027

Table 3 North America Ester Market: By Country, 2020-2027

Table 4 Europe Ester Market: By Country, 2020-2027

Table 5 Asia-Pacific Ester Market: By Country, 2020-2027

Table 6 Middle East & Africa Ester Market: By Country, 2020-2027

Table 7 Latin America Ester Market: By Country, 2020-2027

Table 8 Global Ester by Source Market: By Regions, 2020-2027

Table 9 North America Ester by Source Market: By Country, 2020-2027

Table 10 Europe Ester by Source Market: By Country, 2020-2027

Table 11 Asia-Pacific Ester by Source Market: By Country, 2020-2027

Table 12 Middle East & Africa Ester by Source Market: By Country, 2020-2027

Table 13 Latin America Ester by Source Market: By Country, 2020-2027

Table 14 Global Ester by Application Market: By Regions, 2020-2027

Table 15 North America Ester by Application Market: By Country, 2020-2027

Table 16 Europe Ester by Application Market: By Country, 2020-2027

Table 17 Asia-Pacific Ester by Application Market: By Country, 2020-2027

Table 18 Middle East & Africa Ester by Application Market: By Country, 2020-2027

Table 19 Latin America Ester by Application Market: By Country, 2020-2027

Table 20 North America Ester for End Use Industry Market: By Country, 2020-2027

Table 21 Europe Ester for End Use Industry Market: By Country, 2020-2027

Table 22 Asia-Pacific Ester for End Use Industry Market: By Country, 2020-2027

Table 23 Middle East & Africa Ester for End Use Industry Market: By Country, 2020-2027

Table 24 Latin America Ester for End Use Industry Market: By Country, 2020-2027

Table 25 Global Source Market: By Region, 2020-2027

Table 26 Global End Use Industry Market: By Region, 2020-2027

Table 27 Global Application Market: By Region, 2020-2027

Table 28 North America Ester Market, By Country

Table 29 North America Ester Market, By Source

Table 30 North America Ester Market, By Application

Table 31 North America Ester Market, By End Use Industry

Table 32 Europe: Ester Market, By Country

Table 33 Europe: Ester Market, By Source

Table 34 Europe: Ester Market, By Application

Table 35 Europe: Ester Market, By End Use Industry

Table 36 Asia-Pacific: Ester Market, By Country

Table 37 Asia-Pacific: Ester Market, By Source

Table 38 Asia-Pacific: Ester Market, By Application

Table 39 Asia-Pacific: Ester Market, By End Use Industry

Table 40 Middle East & Africa: Ester Market, By Country

Table 41 Middle East & Africa Ester Market, By Source

Table 42 Middle East & Africa Ester Market, By Application

Table 43 Middle East & Africa: Ester Market, By End Use Industry

Table 44 Latin America: Ester Market, By Country

Table 45 Latin America Ester Market, By Source

Table 46 Latin America Ester Market, By Application

Table 47 Latin America: Ester Market, By End Use Industry

LIST OF FIGURES

FIGURE 1 Global Ester Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Ester Market

FIGURE 4 Value Chain of Global Ester Market

FIGURE 5 Share of Global Ester Market in 2020, by country (in %)

FIGURE 6 Global Ester Market, 2020-2027,

FIGURE 7 Sub-segments of End Use Industry

FIGURE 8 Global Ester Market size by End Use Industry, 2020

FIGURE 9 Share of Global Ester Market by End Use Industry 2020 to 2023

FIGURE 10 Global Ester Market size by Application, 2020

FIGURE 11 Share of Global Ester Market by Application, 2020 to 2023

FIGURE 12 Global Ester Market size by Source, 2020

FIGURE 13 Share of Global Ester Market by Source, 2020 to 2023