Humectants Market Is Expected to Register CAGR of 7.2% by 2023

(EMAILWIRE.COM, December 06, 2018 ) The global humectants market was valued at $17,800 million in 2016, and is expected to reach $29,500 million by 2023, registering a CAGR of 7.2% during 20172023. Humectants are substances that are used in numerous applications for promoting retention of moisture. Humectants attract and retain the moisture in the air in the surroundings through absorption as well as drawing the water vapor inside or beneath the organism’s or object’s surface. These are sometimes used as an antistatic coating for plastics, while as a food additive in food & beverages applications for retaining the moisture. In pharmaceutical and cosmetics applications, humectants can be used in topical applications to increase the solubility of the active ingredients of a chemical compound.

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The major Key Players in the Report are Dow Corning, Akzo Nobel N.V., Evonik Industries, Arch Chemicals, BASF SE, Hexion Inc., Honeywell International, Lubrizol Corporation, The Clorox Company, Momentive Performance Materials
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Global Humectants Market is research report which entails statistics associated with vital regional markets and current scenarios. This enlists key regional areas such as North America, Europe, Asia-Pacific, etc. and the prime countries such as United States, Germany, United Kingdom, Japan, South Korea and China.

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The Global Humectants Market report attempts to shape knowledge of the market through delivery of data associated with features such as classifications, applications and market overview, product specifications, manufacturing processes, cost structures, raw materials and more. Furthermore, it strives to inspect the key regional markets, including constraints such as product price, profit, capacity, production, supply, demand and market growth rate. It also converses forecast for the same. The report concludes with new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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It supports professionals, teams and organisations, in understanding the key current market scenarios and expected future growth as well. Its assistance in taking informed corporate decisions by sharing comprehensive perceptions of the market and by creating an in-depth analysis of market elements of greater significance. To summaries, it also offers composed graphics and modified SWOT analysis of important market elements.

This report enlists in-depth analysis of the worldwide market for Humectants Market, talking about various market components such as the production capacity, product pricing, the dynamics of demand and supply, sales volume, revenue, growth rate and more.

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Nehal Chinoy

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