Esters Market, By Product Type (Monoesters, Diesters, Complex Esters, and Methyl Esters), By Application (Automotive Lubricant, Industrial Lubricant, Aviation Lubricant, Marine Lubricant, and Food Grade Lubricant), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Esters are component of lubricant formulation. Esters have low volatility, thermal stability, oxidative stability, and good lubricating qualities. Cosmetics, paints and coatings, plastics, food and beverage, Lubricant, biofuel, resins, explosives, and surfactants are few of the major industries that uses esters. Monoesters, diesters, complex esters, and methyl esters are among the different types of esters.
Market Dynamics
The global esters market has grown significantly due to the rising demand for lubricants from the food and transportation industries. Throughout the forecast period, this trend is anticipated to fuel the growth of the global esters market. Major players in the global esters market are increasing their investments in cutting-edge product launches, research and development, and marketing initiatives in order to take advantage of emerging trends across applications such as automotive, marine, aviation, and food. Market opportunities and growth are anticipated to increase as a result of these strategic efforts.
The chemical industry's expanding use of esters is anticipated to fuel market expansion. Esters are preferred as base stocks for lubricant formulation in industries like aviation, the automotive industry, and general manufacturing because of their beneficial properties like low temperature flowability and clean operation at high temperatures.
Moreover, rising emphasis on environmental sustainability is boosting demand for esters, as these offer biodegradability and low toxicity. This aligns with the growing regulatory requirements for eco-friendly Lubricant and chemicals. The expanding industrial and manufacturing sectors, particularly in emerging economies, is ealso expecetd to drive the market growth, as these sectors uses Lubricant and specialty chemicals for their operations.
Key features of the study:
This report provides in-depth analysis of the global esters market and provides market size (US$ Million & Thousand Tons) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global esters market based on the following parameters-company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BASF SE, Exxon Mobil Corporation, NYCO S.A., Hatco Corporation, Calumet Specialty Products Partners, L.P., PMC Biogenix, Inc., Cargill, Inc. and Croda International, Plc.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
Global esters market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the esters market
Detailed Segmentation:
Global Esters Market, By Product Type:
Monoesters
Diesters
Complex Esters
Methyl Esters
Global Esters Market, By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricant
Marine Lubricant
Food Grade Lubricant
Global Esters Market, By Region:
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
France
Germany
U.K.
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
Australia
India
South Korea
Rest of the Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Company Profiles
BASF SE
Exxon Mobil Corporation
NYCO S.A.
Hatco Corporation
Calumet Specialty Products Partners, L.P.
PMC Biogenix, Inc.
Cargill, Inc.
Croda International, Plc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
PEST Analysis
PORTERS’S Analysis
New Product Approvals/Launches
Promotion and Marketing Initiatives
4. Global Esters Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Esters Market, By Product Type, 2023 – 2030, (US$ Million & Thousand Tons)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023-2030
Segment Trends
Monoesters
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Diesters
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Complex Esters
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Methyl Esters
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
6. Global Esters Market, By Application, 2023 – 2030, (US$ Million & Thousand Tons)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023-2030
Segment Trends
Automotive Lubricant
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Industrial Lubricant
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Aviation Lubricant
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Marine Lubricant
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
Food Grade Lubricant
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
7. Global Esters Market, By Region, 2023-2030, (US$ Million & Thousand Tons)
Introduction
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2023-2030, (US$ Million & Thousand Tons)
North America
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country, 2023-2030
U.S.
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Canada
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Latin America
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country, 2023-2030
Brazil
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Mexico
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Argentina
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Rest of Latin America
Sub-region/Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Europe
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country, 2023-2030
France
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Germany
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Italy
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Spain
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
U.K.
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Russia
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Rest of Europe
Sub-region/Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Asia Pacific
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country, 2023-2030
China
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
India
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Japan
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Australia
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
South Korea
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Rest of Asia Pacific
Sub-region/Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Middle East & Africa
Market Share Analysis, By Country/ Sub-region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, By Country/ Sub-region, 2023-2030
GCC
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
South Africa
Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)
Rest of Middle East & Africa
Sub-region/Country Trends
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Million & Thousand Tons)
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Million & Thousand Tons)