Chicago, IL -- (SBWIRE) -- 09/06/2017 -- A group of hygroscopic substances that are mainly used for keeping things moist are referred as humectants. As these substances retain moisture, so they are very important constituents of hair care and skincare products. Humectants mainly contain of a number of hydrophilic groups such as hydroxyl, amines, and carboxyl groups. It includes polysaccharides, alcohols, proteins, acids, and other molecules include glycerine, sorbitol, urea, and aloe vera among others. The key applications of humectants are medicines, paints & coatings, cosmetics, pesticides, and food industry. Also, in different formulations, they are used as co-solvents.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the humectants market. The scope of this report covers the humectants market by its major segments, which include the types, applications, and the major geographic regions.

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Regionally, the global market for humectants has been fragmented into Europe, North America, Latin America, Asia-Pacific, and Middle East & Africa. Among these, North America followed by European region is projected to contribute the maximum market share in the years to come owing to approval for FDA usage of humectants in various eatables. In Europe, the use of humectants is only confined due to the limited use of it in cosmetics and giving emphasis of government for using natural humectants as compared to synthetic humectants due to low harmful effects related with the natural humectants. However, Asia Pacific is predicted to grow fast in the global market for humectants due to increasing disposable income along with the changing lifestyle of customers is projected to support the growth of the global market for humectants.

MARKET SEGMENTATION

This report analyzes the humectants market by the following segments:

Humectants Market, by Source

1. Synthetic
2. Natural

Humectants Market, by Type

1. Sugar Alcohol
2. Glycerol
3. Alpha Hydroxy Acids & Polysaccharides
4. Glycols
5. Others

Humectants Market, by Application

1. Food & Beverage
2. Oral & Personal Care
3. Pharmaceuticals
4. Animal Feed
5. Others

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