The exploration for renewable resources, certain requirements by specific ethnic communities, and rising environmental concerns have propelled the interest in utilizing plant-based raw materials for production of household consumer products. Demand for fabric softeners, a luxury product category, has increased manifold, with cationic surfactants being the major ingredient in these products. With the advent of advanced washing machines, which have distinctive automatic dispensers for fabric softener and detergent, demand for effective softeners that impart fragrance, softness, and ease of ironing to the laundry has surged significantly.
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Esterquats are cationic surfactants, increasingly utilized in light of their excellent biodegradability and softening effect compared to conventional quats. Albeit conventional quats deliver excellent softening performance, poor biodegradability of these quats coupled with stringent environmental regulations have curbed their adoption. This has further made esterquats the surfactant of choice among softener producers across the globe. With vegetable-based raw materials gaining worldwide acceptance over their animal-based counterparts, a new market niche has been created for fabric softeners, thereby stoking demand for esterquats.
A recently composed research report of Transparency Market Research envisaged the global esterquats market to reflect an above-average expansion in the period of forecast (2017-2026). Revenues from global sales of esterquats are poised to reach roughly US$ 3,400 Mn by 2026-end. Textile industry is considered to be a major market for esterquats, as the industry is the global leading consumer of fabric softeners. Apart from fabric care applications, esterquats seek high usage in hair conditioners as anti-static in polymers, as well as in sanitizer products.
Fabric Care to Remain Largest Application of Esterquats
There has been a surge in awareness about utilization of chemicals as fabric softeners, which help in maintaining texture and quality of fabrics. However these chemicals have been associated with several health effects such as irritation to skin and respiratory tract. This has further spurred use of plant-based raw materials in fabric softeners, which in turn is driving demand for esterquats.
Growing penetration of technologically advanced washing machines, coupled with increasing purchasing power and changing lifestyles of consumers will also have a positive influence on demand for esterquats. Fabric care products are likely to prevail as the largest application of esterquats, in terms of revenue.
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Asia-Pacific excluding Japan (APEJ) will continue to endure as the fast-expanding as well as the largest market for esterquats, driven majorly by growing awareness and acceptance among consumers regarding use of environment-friendly products such as esterquats in manufacturing of fabric care and personal care products. Major manufacturers in APEJ are increasing focusing on the expansion of their plant capacities. Key companies such as Akzo Nobel are engaged in the capacity expansions for catering rapidly growing demand for esterquats in industrial applications.
Constant discussions carried out by the analysts at TMR with companies producing esterquats has enabled provision of actionable insights on the market. Influence of effective & innovative production technologies, mandatory manufacturing regulations & standards, and emerging end users has been reflected across all research findings of this report. Overall market size, and revenue shares of key market segments included in the study, are among key considerations used for interpreting and quantifying data gleaned from primary and secondary researches.
A robust research methodology employed by TMR’s analysts has enabled them in procuring information from authentic databases and the market participants, which in turn is aggregated and streamlined. The information obtained has then been leveraged for generating a baseline for the market size evaluation, segmentation values, and estimations on the regional market sizes. The report further imparts a first-hand information on lucrative and sluggish marketplaces across the globe by branching the esterquats market into key regional segments. Report readers can capitalize on this information for expanding their footprint in the global market.
Scrutinized Analysis on Esterquats Market’s Competition Landscape
A key benefit of using the research analysis offered in the report is that readers can gain better understanding on the competition landscape of the global esterquats market. Taking into consideration how companies producing esterquats are seeking aid in extracting information about their competitors and learning about their growth strategies, the competition landscape chapter of this report is valuable for key players operating in the market.
