Global-Sorbitol-Market-Outlook-2015-2020

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Global-Sorbitol-Market-Outlook-2015-2020
https//www.gminsights.com/industry-analysis/sorbi
tol-market
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Global Market Scenario Sorbitol Industry
Sorbitol market size was estimated at 1.85
million tons in 2015 and is likely to surpass 2.4
million tons by 2023 growing at a CAGR of over
3.5 from 2016 to 2023.   Sorbitol market size
is likely to be worth more than USD 4 billion by
2023. Cosmetic personal care end-use industry
witnessed the highest consumption and accounted
for more than 32 of the total volume in 2015.
It is also used as low caloric sweetener in food
beverages industries which accounted for more
than 28 of the total demand in 2015. Toothpaste
applications are likely witness highest gains
with an estimated CAGR of over 4 from 2016 to
2023 owing to its properties of preventing tooth
decay and cavities. https//www.gminsights.com/
industry-analysis/sorbitol-market
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Liquid sorbitol market witnessed the highest
consumption and accounted for more than 80 of
the total demand. Factors such as low cost and
simplified production process make it more
preferable over its crystal counterparts.   Asia
Pacific sorbitol market size was estimated over
USD 650 million in 2015. North America and Europe
are likely to witness moderate growth rates over
the forecast period.  This report analyses
sorbitol market downstream potential, which is an
important building block for commodity chemical
such as isosorbide, propylene glycol (1,
2-propanediol), lactic acid, 2, 5-anhydrosugars
and 1, 4-sorbitan. One of the largest industrial
applications is for production of vitamin c
(Ascorbic Acid). It is obtained from
hydrogenation of glucose and the current
commercialization processes are based on batch
technology with use of Raney nickel as a
catalyst. Industry prefers batch technology for
ensuring complete conversion of glucose as one of
the major applications is into food beverages
with stringent requirements with amount of
reducing sugars in the product. Download
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Latest Research Report On Sorbitol Market
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itol-market Download Latest Report PDF _at_
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