Published by Uma Rajagopal
Posted on January 20, 2022
Demand for esters is majorly accounted by large-scale investments observed by food & flavor, chemicals, as well as lubricant manufacturers. Supported by widespread application and large volumetric consumption across geographies, revenue generation from the sales of esters will surpass US$ 75 Bn by the end of 2019. During 2019 – 2029, esters market is set to thrive at a healthy CAGR, as indicated by a new research report of Future Market Insights (FMI).
Key Takeaways
To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-1394
With rising demand for esters from several end-use industries such as chemicals, food, and textiles, manufacturers are engaging in capacity enhancements. Rising prominence of contract manufacturing has been emerging as a notable trend in industry as it offers an economically-viable option for voluminous production of commoditized products to cater to growing demand.
Acrylic esters, also known as acrylates, have a variety of uses, of which a significant volume of Methyl Methacrylate (MMA) is consumed as a monomer for the production of Polymethyl Methacrylate (PMMA). The demand from these uses is noted to be on a rise and is further expected to positively sway growth in terms of consumption as well as revenue generation.
This study sheds light on key market players, which account for a significant share in the market. The esters market study also encompasses a global as well as regional market structure analysis. Some of the market participants identified in the global esters market include Mitsubishi Chemical Corporation, Exxon Mobil Corporation, Cargill, Inc., The Procter & Gamble Company, and Lanxess AG, among others.
Limited Threat of Substitutes in Esters Market
The consumption of esters is chiefly driven by the rising demand from end users. With a minimal number of alternatives available, esters are anticipated to remain irreplaceable in their application areas. Being one of the essential raw materials in the formulation of several products, esters are expected to witness market expansion in tandem with the growth witnessed by its end uses.
Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-1394
Esters Market: Segmentation
Product
Application
End-Use Industry
Food
Region
For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-1394
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Demand for esters is majorly accounted by large-scale investments observed by food & flavor, chemicals, as well as lubricant manufacturers. Supported by widespread application and large volumetric consumption across geographies, revenue generation from the sales of esters will surpass US$ 75 Bn by the end of 2019. During 2019 – 2029, esters market is set to thrive at a healthy CAGR, as indicated by a new research report of Future Market Insights (FMI).
Key Takeaways
To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-1394
With rising demand for esters from several end-use industries such as chemicals, food, and textiles, manufacturers are engaging in capacity enhancements. Rising prominence of contract manufacturing has been emerging as a notable trend in industry as it offers an economically-viable option for voluminous production of commoditized products to cater to growing demand.
Acrylic esters, also known as acrylates, have a variety of uses, of which a significant volume of Methyl Methacrylate (MMA) is consumed as a monomer for the production of Polymethyl Methacrylate (PMMA). The demand from these uses is noted to be on a rise and is further expected to positively sway growth in terms of consumption as well as revenue generation.
This study sheds light on key market players, which account for a significant share in the market. The esters market study also encompasses a global as well as regional market structure analysis. Some of the market participants identified in the global esters market include Mitsubishi Chemical Corporation, Exxon Mobil Corporation, Cargill, Inc., The Procter & Gamble Company, and Lanxess AG, among others.
Limited Threat of Substitutes in Esters Market
The consumption of esters is chiefly driven by the rising demand from end users. With a minimal number of alternatives available, esters are anticipated to remain irreplaceable in their application areas. Being one of the essential raw materials in the formulation of several products, esters are expected to witness market expansion in tandem with the growth witnessed by its end uses.
Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-1394
Esters Market: Segmentation
Product
Application
End-Use Industry
Food
Region
For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-1394
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Explore more articles in the Research Reports category
