1 Different Types of Ester Market
Based on type, the Portable Water Filter is primarily split into Natural Esters and Synthetic Esters.
Table Global Ester by Type
Description | |
Natural Esters | Synthetic ester is a kind of ester product synthesized from petrochemical, coal chemical and other products. |
Synthetic Esters | Natural esters are made from renewable natural resources such as palm oil, cottonseed oil, sunflower oil and soybean oil. |
2 Different Applications of Ester Market
Based on applications, the Ester is primarily split into Personal and Home Care, Industrial, Agriculture, and Others.
Table Global Ester by Application
Item | Description |
Personal and Home Care | Ester products are important ingredients in personal or home care products, including creams, body creams and other skin care products and beauty products, which act as emollients, fragrances and stabilizers. |
Industrial | Esters can be used as solvents, plasticizers, flame retardants, additives, fixed fragrances, etc., are intermediate products or raw materials in industrial production, and are widely used in industry. |
Agriculture | Ester products can be used as herbicides, pesticides, additives, etc., but also an important component of fertilizers and pesticides, so it is widely used in agriculture. |
3 Global Ester Production by Type
From 2018 to 2023, the global production of esters has shown a clear trend of growth, with both natural and synthetic esters contributing to this expansion. Natural ester production increased from 4,125.9 K Tons in 2018 to 5,522.1 K Tons in 2023, reflecting a CAGR of 8.27%, indicating a strong upward trajectory driven by the market’s shift towards renewable resources.
Synthetic esters, on the other hand, have maintained a dominant position, with production volumes increasing from 25,854.4 K Tons in 2018 to 30,927.6 K Tons in 2023, demonstrating a CAGR of 6.30%. This growth underscores the continued reliance on synthetic esters due to their broad industrial applications and established production processes. The overall ester production has also been on an upward trend, reaching 36,449.7 K Tons in 2023 from 29,980.2 K Tons in 2018.
This comprehensive growth suggests a robust and expanding global ester market, with natural esters gaining momentum in the sustainability sector and synthetic esters remaining a mainstay in various industrial applications..
Table Global Ester Production (K Tons) by Types (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Natural Esters | 4125.9 | 4607.1 | 4576.5 | 4680.4 | 5029.0 | 5522.1 |
Synthetic Esters | 25854.4 | 26898.8 | 25735.6 | 28119.9 | 29325.5 | 30927.6 |
Total | 29980.2 | 31505.9 | 30312.1 | 32800.3 | 34354.5 | 36449.7 |
4 Global Ester Consumption by Application
From 2018 to 2023, the global consumption of esters has shown significant growth across various applications, reflecting the diverse utilization of esters in different industries. The industrial sector has been the largest consumer of esters, with a consumption increasing from 12,169 K Tons in 2018 to 14,229 K Tons in 2023, indicating its importance in applications such as solvents, plasticizers, and flame retardants.
The personal and home care industry has also been a substantial consumer of esters, with consumption rising from 9,096 K Tons in 2018 to 11,309.4 K Tons in 2023. This increase is attributed to the use of esters in creams, lotions, and other skincare products, where they act as emollients, fragrances, and stabilizers.
Agriculture has seen a steady increase in ester consumption, from 3,543.7 K Tons in 2018 to 4,503.7 K Tons in 2023, due to the use of esters in herbicides, pesticides, and as components of fertilizers
The food and beverage industry has demonstrated notable growth, with consumption increasing from 1,828.1 K Tons in 2018 to 2,463.1 K Tons in 2023, primarily as a result of using esters as flavor enhancers and preservatives.
Textiles and paper manufacturing have also contributed to the consumption of esters, with a rise from 2,321.1 K Tons in 2018 to 2,639.7 K Tons in 2023, utilizing esters in fiber production and as a coating agent.
Other applications, including specialties like fragrances and coatings, have also played a role, although their share is comparatively smaller.
In summary, the global ester consumption from 2018 to 2023 has been characterized by broad distribution across applications, with the industrial sector leading, followed by personal and home care, agriculture, food and beverage, textiles and paper, and other niche applications. This diverse consumption pattern underscores the multifaceted role of esters in the global chemical market and signals a robust demand driven by technological advancements and market expansion in various end-use industries.
Table Global Ester Consumption (K Tons) by Applications (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Personal and Home Care | 9096.0 | 9621.1 | 9285.3 | 9956.3 | 10507.8 | 11309.4 |
Industrial | 12169.0 | 12693.5 | 12133.4 | 13014.9 | 13508.7 | 14229.0 |
Agriculture | 3543.7 | 3752.6 | 3605.5 | 3995.6 | 4256.9 | 4503.7 |
Food & Beverage | 1828.1 | 1985.2 | 1983.0 | 2170.1 | 2317.8 | 2463.1 |
Textiles & Paper | 2321.1 | 2392.6 | 2251.7 | 2418.0 | 2510.2 | 2639.7 |
Others | 1022.4 | 1060.9 | 1053.2 | 1245.4 | 1253.1 | 1304.9 |
Total | 29980.2 | 31505.9 | 30312.1 | 32800.3 | 34354.5 | 36449.7 |
5 Global Ester Market Forecast by Type
The global ester production is anticipated to witness a continuous growth trend from 2023 to 2029, with both natural and synthetic esters contributing to this expansion. Natural esters are projected to experience a significant increase in production, starting from 5,522.1 K Tons in 2023 and escalating to 8,895.0 K Tons by 2029, reflecting a CAGR of 8.27%. This upward trajectory highlights the increasing market demand for bio-based and eco-friendly ester products, fueled by a growing awareness of sustainability and a shift towards renewable resources across various industries.
Conversely, synthetic esters, which hold a larger portion of the market share, are expected to maintain their dominant position with production forecasted to rise from 30,927.6 K Tons in 2023 to 44,622.1 K Tons by 2029, exhibiting a CAGR of 6.30%. The sustained growth in synthetic ester production can be attributed to their extensive use in industrial applications, such as lubricants, solvents, and plasticizers, where their performance characteristics are highly valued.
In summary, the global ester production forecast by type indicates a robust expansion for both natural and synthetic esters, with natural esters experiencing a more rapid growth rate due to sustainability trends, while synthetic esters continue to dominate the market with a substantial volume of production. This forecast underscores the dynamic nature of the ester market and the influence of environmental and industrial factors on its growth trajectory..
Table Global Ester Production (K Tons) Forecast by Types (2023-2029)
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Natural Esters | 5522.1 | 5994.2 | 6642.7 | 6708.0 | 7291.9 | 8040.3 | 8895.0 |
Synthetic Esters | 30927.6 | 32454.6 | 34625.9 | 37386.8 | 39431.6 | 41739.5 | 44622.1 |
Total | 36449.7 | 38448.7 | 41268.6 | 44094.9 | 46723.5 | 49779.8 | 53517.0 |
6 Global Ester Market Forecast by Application
The forecast for global ester consumption across various applications from 2023 to 2029 indicates a significant growth across all sectors. Personal and Home Care is anticipated to increase from 11,309.4 thousand tons in 2023 to 17,091.6 thousand tons by 2029, reflecting a CAGR of 7.12%, indicating that demand for ester compounds in personal care products will continue to grow. The Industrial segment is projected to grow from 14,229.0 thousand tons to 19,943.6 thousand tons, exhibiting a CAGR of 5.79%, reflecting the steady growth of ester products in industrial applications. Agriculture is expected to witness a rise from 4,503.7 thousand tons to 6,965.3 thousand tons, with a CAGR of 7.54%, showing the rapid growth in demand for ester products in the agricultural sector. The Food & Beverage industry shows the most robust growth, with consumption expected to surge from 2,463.1 thousand tons to 4,141.2 thousand tons, at a CAGR of 9.05%. Textiles & Paper will also see an uplift, increasing from 2,639.7 thousand tons to 3,556.1 thousand tons, with a CAGR of 5.09%, indicating that the demand for ester products in this field is also growing.Lastly, the ‘Others’ category is foreseen to grow from 1,304.9 thousand tons to 1,819.3 thousand tons, at a CAGR of 5.69%. These figures underscore the escalating demand for esters in a multitude of applications, with the Food & Beverage sector leading the charge with the highest growth rate, highlighting the versatility and importance of ester compounds in these industries.
Table Global Ester Consumption (K Tons) Forecast by Applications (2023-2029)
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Personal and Home Care | 11309.4 | 12007.3 | 12928.0 | 13687.9 | 14614.7 | 15795.3 | 17091.6 |
Industrial | 14229.0 | 14898.1 | 15887.1 | 16827.2 | 17669.6 | 18689.3 | 19943.6 |
Agriculture | 4503.7 | 4787.1 | 5131.2 | 5615.0 | 6052.0 | 6429.5 | 6965.3 |
Food & Beverage | 2463.1 | 2684.8 | 2991.8 | 3233.0 | 3493.4 | 3727.7 | 4141.2 |
Textiles & Paper | 2639.7 | 2731.3 | 2867.6 | 3040.6 | 3193.5 | 3372.2 | 3556.1 |
Others | 1304.9 | 1340.2 | 1462.9 | 1691.2 | 1700.3 | 1765.7 | 1819.3 |
Total | 36449.7 | 38448.7 | 41268.6 | 44094.9 | 46723.5 | 49779.8 | 53517.0 |
