The pharmaceutical industry, where emulsifiers are employed in medicine formulation such as tablets and syrups, is likely to drive market expansion. Increasing demand for lactic esters of fatty acids in the personal care industry due to its multi-functionality is projected to drive emulsifier market expansion. It is used in the production of personal care products like as lotions, creams, bath products, and face cleansers as a humectant and emulsifying agent. Moreover, it is utilised as a gellant in deodorants and antiperspirants. The use of emulsifiers in personal care products is costly and presents a problem during product formulation. This raises the total cost of personal care items. This factor is projected to impede emulsifier market expansion throughout the forecast period.
According to Coherent Market Insights, Global Emulsifiers Market was valued at US$ 5.4 Billion in 2021 in terms of revenue, exhibiting a CAGR of 5.5% during the forecast period (2022 to 2030).
Prominent Companies in the Emulsifier Industry:
1. The Dow Chemical Company
The Dow Chemical Company manufactures and supplies products that are used as raw materials in the manufacture of customer’s products and services worldwide. . Dow operates in eight business segments: Electronic and Specialty materials, Coatings and Infrastructure, Health and Agricultural sciences, Performance systems, Performance products, Basic plastics, Basic chemicals, and Hydrocarbons and Energy. In May 2010, OMNOVA Solutions Inc. acquired The Dow Chemical Company's hollow sphere plastic pigment (HPP) product line and terminated the RohmNova paper coatings joint venture.
2. SM Nutritional Products
DSM Nutritional Products, Inc. researches, manufactures, and distributes health and nutritional products in the United States and Canada. The company was founded in 2003, headquartered in New Jersey, U.S.
3. Palsgaard A/S
4.The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines chemicals to deliver solutions to customers in the global transportation, industrial and consumer markets. The company is located in Wickliffe, Ohio, U.S. founded in 1928.
5. Stepan Company
Founded in 1932, Stepan Company is a manufacturer of basic and intermediate chemicals, including surfactants, specialty products, germicidal and fabric softening quaternaries, phthalic anhydride (P.A.), polyurethane polyols, and special ingredients for the food. The company is headquartered in Illinois, U.S.
6. Spartan Chemical Company, Inc.
Spartan Chemical Company is a chemicals firm providing disinfectants, sanitizers, floor care products, and green solutions. The company was founded in 1958, headquartered in Ohio, U.S.
6. Cargill, Incorporated
Cargill is an international producer and marketer of food, agricultural, financial, and industrial products, and services. Founded in 1865. Headquartered in Minnesota U.S.
7. Kerry Group
The most innovative portfolio of Taste & Nutrition technologies and Ingredients & Actives for the global food, and beverage industries. The company was founded in 1972, headquartered in Ireland. In March 2021, Kerry Group, , launched a new range of beverage concepts for spring/summer 2021, with research into consumer trends showed that consumers preferred beverages that deliver flexitarian indulgence, fruity refreshment, or healthy teas. In October 2021, Kerry Group, a public food company, developed and released a leading-edge Plant-based Dairy Alternative Toolkit. In April 2021, Kerry Group, , launched an online, interactive sustainability calculator that enables beverage providers to quickly examine the significant benefits of moving toward dry beverage model and moving away from traditional liquid offerings.
8. Puratos Group
Puratos NV provides confectionery products. The Company offers chocolate coatings, cocoa and nut-based fillings, and decoration products, as well as produces bakery, custard cream, and mousse mixes, Puratos serves customers worldwide. Founded in 1919, headquartered in Belgium.
9. BASF SE
BASF SE operates as a chemical company worldwide. The company operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. BASF SE was founded in 1865 and is headquartered in Ludwigshafen am Rhein, Germany.
*Definition- Emulsifiers are employed as a stabilising ingredient in the cosmetic, food and beverage, pharmaceutical, and personal care industries to assist stabilise two or immiscible liquids.