Humectants Market Volume Analysis, Segments, Value Share and Key Trends 2016-2026

Humectants are hygroscopic substances that are used to keep things moist. Humectants consists of various hydrophilic groups such as amines and carboxyl and hydroxyl groups. Humectants include polysaccharides, proteins, alcohols, acids, urea, aloe Vera, glycerin and sorbitol. The major applications of humectants include medicines, cosmetics, pesticides and paints & coatings. Various factors that are driving the global humectants market are increasing demand from the cosmetic industry and changing lifestyle which is anticipated to fuel the cosmetics market. Some of the humectants are derivatives of petroleum products and are subjected to price volatility as they are derived from crude oil. Various players operating in the global humectant market leverage opportunity due to the technological up-gradation in the cosmetics and food industry. Global humectants market is exhibiting the remarkable growth owing to increasing population and increasing construction industry which drives the paint and coating market and in turn drives the global humectants market over the forecast period.

Humectants Market Segmentation

Global humectants market is segmented on the basis of type, application and region. Based on the type segmentation includes proteins, acids, polysaccharides, alcohol and small molecules such as glycerin, urea, sorbitol and aloevera. Of which protein is anticipated to be the dominating segment owing to the presence of various health benefits associated with its consumption such as simulation of essential hormones and enzymes. On the basis of application humectants market is segmented into cosmetics, pesticides, medicines, paints and coatings. Among all the sub segments of the humectants market cosmetics sub segment is anticipated to witness remarkable growth over the forecast period followed by the medicines segment. Global humectants market is segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific,...