Esterquats Market Overview, Swot Analysis and Product Value Till 2024
“Global Esterquats Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.”
7 Sep 2018 – The global Esterquats Market size is expected to value at USD 3.45 billion by 2024.
The market is subject to witness a substantial growth due to the growing demand from fabric softener industry. Additionally, the rise in requirement for high performance and sweet-scented fabric softeners is anticipated to fuel demand for the market over the forecast period. Other factors responsible for the growth of the market are rise in the awareness among users, increase in the personal disposable income and innovation in fabric softener products. Globally, the esterquats industry is predicted to grow at CAGR of 11.0% in forecast period, providing numerous opportunities for market players to invest for research and development in the market. With the recent technological developments coupled with superior performance and lower cost of esterquats products have led to increasing adoption of esterquats during production of fabric softeners. Esterquats offers low toxicity and bio-degradability, which makes it an ideal alternative todihydrogenated tallow alkyl dimethyl ammonium chloride during manufacturing of fabric softeners. Rise in the investment by industry leaders in research and development of esterquats is expected to propel the growth of the market in coming years. Request Sample Copy of this Market Research @