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23.04.2021 17:30:00

Global Esterquats Market Report 2020-2027: TEA-Quats to Account for $736.4 Million of the Total $1 Billion Industry

DUBLIN, April 23, 2021 /PRNewswire/ -- The "Esterquats - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Esterquats Market to Reach $1 Billion by 2027

Amid the COVID-19 crisis, the global market for Esterquats estimated at US$897.2 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 1.6% over the period 2020-2027.

TEA-Quats, one of the segments analyzed in the report, is projected to record 1.8% CAGR and reach US$736.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the MDEA & Other segment is readjusted to a revised 1.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $243.1 Million, While China is Forecast to Grow at 3.2% CAGR

The Esterquats market in the U.S. is estimated at US$243.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$192.3 Million by the year 2027 trailing a CAGR of 3.3% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.6% CAGR.

Select Competitors (Total 41 Featured):

  • Abitec Corporation
  • Akzo Nobel NV
  • BASF SE
  • Clariant AG
  • Dongnam Chemical Co., Ltd
  • Evonik Industries AG
  • Hangzhou FandaChem Co., Ltd
  • Italmatch Chemicals SpA
  • Kao Corporation
  • Stepan Company

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/803mq1

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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Cision View original content:http://www.prnewswire.com/news-releases/global-esterquats-market-report-2020-2027-tea-quats-to-account-for-736-4-million-of-the-total-1-billion-industry-301275932.html

SOURCE Research and Markets

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