SearchBar Icon

Global Esters Market Expected to Grow at 6.6% CAGR During 2016 – 2022

Published Date:   June 2016

The global esters market is expected to grow at a CAGR of 6.6% during 2016 - 2022. The factors driving the growth of the global market include growing automotive industry, technological advancements, increasing demand of coatings in construction industry, and increasing demand for esters in lubricant, personal care and cosmetic industries. The growth of the global esters market is largely driven by high demand for esters in lubricants having several end-uses including automotive, aviation, marine, and industrial. The commercial adoption of bio-based esters, increasing adoption of environmentally acceptable lubricants (EALs) and developing economies of Asia-Pacific, such as India and China offer ample growth opportunities for the manufacturers of esters.

Explore Report with Detailed TOC on “Global Esters Market” at:

Among the different types of esters, the polyesters segment held the largest share in the global esters market in 2015. The segment dominated the global market, due to high demand from textile, electrical insulation, industrial fabrics, home furnishing and packaging industries. The phosphate esters segment is anticipated to witness the fastest growth in the global esters market during 2016 -2022, owing to their high lubrication properties and thermal stability.

In 2015, Asia-Pacific held the largest share in the global esters market. The region is also anticipated to be the fastest growing market for esters during the forecast period. The major reasons behind the growth of the esters market in the region include high compliance for polyesters in textile and packaging industries, rapid industrialization and high growth in automotive industry in the developing economies, such as China and India.

The information and data in the publication “Global Esters Market Size, Share, Development, Growth and Demand Forecast to 2022”, represents the research and analysis of data from various primary and secondary sources. An amalgamation of bottom-up and top-down has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

Among the various applications of esters, the textile segment held the largest share in the global market in 2015. The high consumption of polyesters in textile industry is attributed to their high strength and light weight.

Some of the major players operating in the global esters market include BASF SE, Cargill Incorporated, Exxon Mobil Corporation, DAK Americas LLC, The Dow Chemical Company, Chemtura Corporation, Croda International Plc, Esterchem Ltd., and NYCO.

By Type

  • Polyesters
  • Acrylic Esters
  • Fatty Acid Esters
  • Phosphate Esters
  • Others

By Application

  • Textile
  • Lubricant
  • Packaging
  • Paints and Coatings
  • Personal Care and Cosmetics
  • Surfactants
  • Food and Beverages
  • Others

By Region

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World


About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Assistant – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)