Polysorbate 40 Market

By Application;

Food Industry, Cosmetics & Personal Care, Pharmaceuticals and Agriculture

By Formulation Type;

Emulsifiers, Stabilizers and Surfactants

By End Use Sector;

Food & Beverages, Household Products and Industrial Applications

By Distribution Channel;

Online Retail, Offline Retail and Wholesale

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn445538041 Published Date: October, 2025 Updated Date: November, 2025

Polysorbate 40 Market Overview

Polysorbate 40 Market (USD Million)

Polysorbate 40 Market was valued at USD 942.56 million in the year 2024. The size of this market is expected to increase to USD 1,371.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Polysorbate 40 Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 942.56 Million
Market Size (2031)USD 1,371.12 Million
Market ConcentrationMedium
Report Pages326
942.56
2024
1,371.12
2031

Major Players

  • Kao Corporation
  • Zhejiang Taizhou TU-POLY
  • Mohini Organics
  • Lonza Group
  • Sinopharm Chemical Reagent Co., Ltd.
  • Adamas Reagent, Ltd.
  • J & K SCIENTIFIC LTD.
  • TCI Development Co., Ltd.
  • Fine Organics
  • IRO GROUP INC.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polysorbate 40 Market

Fragmented - Highly competitive market without dominant players


The Polysorbate 40 Market is experiencing consistent growth, fueled by its extensive use as an emulsifier, stabilizer, and dispersing agent across food, pharmaceuticals, and cosmetics. Over 48% of food processing companies utilize polysorbate 40 for maintaining texture and stability in products such as baked goods, dairy, and confectioneries. Its multifunctional role makes it a vital ingredient in industrial and consumer applications.

Cosmetics and Personal Care Applications
In the cosmetics industry, around 42% of skincare and haircare formulations include polysorbate 40 for its emulsifying properties. It ensures smooth product texture and stability in creams, lotions, and shampoos, aligning with consumer demand for high-performance personal care products.

Rising Demand for Clean-Label Ingredients
With growing consumer preference for clean-label and safe additives, polysorbate 40 is gaining wider acceptance due to its regulatory approval and safety profile. More than 40% of manufacturers highlight it as a preferred emulsifier that balances performance with compliance to food and drug safety standards.

Future Market Opportunities
The polysorbate 40 market is poised for expansion, driven by innovations in formulation science and sustainable sourcing of raw materials. Increasing adoption in emerging economies and strategic collaborations among producers and end-users are expected to strengthen growth prospects over the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Formulation Type
    3. Market Snapshot, By End Use Sector
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Polysorbate 40 Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Consumption in Cosmetics and Personal Care

        2. Advancements in Drug Delivery Technologies

        3. Expanding Applications in Industrial Processes

      2. Restraints
        1. Concerns Regarding Toxicity and Safety

        2. Fluctuating Raw Material Costs

        3. Availability of Substitutes

      3. Opportunities
        1. Rising Demand for Clean Label Products

        2. Technological Advancements in Formulations

        3. Increasing Applications in Nutraceuticals

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Polysorbate 40 Market, By Application, 2021 - 2031 (USD Million)
      1. Food Industry
      2. Cosmetics & Personal Care
      3. Pharmaceuticals
      4. Agriculture
    2. Polysorbate 40 Market, By Formulation Type, 2021 - 2031 (USD Million)
      1. Emulsifiers
      2. Stabilizers
      3. Surfactants
    3. Polysorbate 40 Market, By End Use Sector, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Household Products
      3. Industrial Applications
    4. Polysorbate 40 Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online Retail
      2. Offline Retail
      3. Wholesale
    5. Polysorbate 40 Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Croda International Plc
      2. BASF SE
      3. Evonik Industries AG
      4. Lonza Group AG
      5. Merck KGaA
      6. Clariant AG
      7. DKSH Holding Ltd.
      8. NOF Corporation
      9. Stepan Company
      10. Sigma-Aldrich Corporation (Merck)
      11. Henan Honest Chemical Co., Ltd.
      12. Guangzhou Tinci Materials Technology Co., Ltd.
      13. DKSH Japan K.K.
      14. Hangzhou Jiangjing Chemical Co., Ltd.
      15. Jiangsu Haian Petroleum Chemical Factory
  7. Analyst Views
  8. Future Outlook of the Market