Polysorbate 60 Market
The market for Polysorbate 60 was estimated at $651 million in 2024; it is anticipated to increase to $1.17 billion by 2030, with projections indicating growth to around $1.91 billion by 2035.
Global Polysorbate 60 Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Polysorbate 60 industry revenue is expected to be around $717.6 million in 2025 and expected to showcase growth with 10.3% CAGR between 2025 and 2034. The Polysorbate 60 market experiences strong expansion because this nonionic surfactant and emulsifier finds increasing application across food and beverages and cosmetics and pharmaceuticals sectors. The market demand for Polysorbate 60 continues to rise because this ingredient offers superior solubility and stability and multiple application possibilities. The market continues to maintain its importance because Polysorbate 60 extends product shelf life and improves texture in multiple applications.
Polysorbate 60 functions as a hydrophilic nonionic surfactant which creates stable emulsions and works well with diverse materials. The food industry uses Polysorbate 60 as an emulsifier while cosmetics benefit from its moisturizing effects and pharmaceutical applications utilize it as a solubilizer. The market shows increasing interest in using Polysorbate 60 for bio based product development because of its environmentally safe characteristics.
Market Key Insights
- The Polysorbate 60 market is projected to grow from $650.6 million in 2024 to $1.73 billion in 2034. This represents a CAGR of 10.3%, reflecting rising demand across Food Industry, Pharmaceutical Industry and Cosmetics & Personal Care.
- Croda International Plc, BASF SE, Dow Inc. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Polysorbate 60 market and are expected to observe the growth CAGR of 7.5% to 10.8% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 9.9% to 12.9%.
- Transition like Shift Towards Natural Ingredients is expected to add $61 million to the Polysorbate 60 market growth by 2030.
- The Polysorbate 60 market is set to add $1.1 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Cosmetic Applications projected to gain a larger market share.
- With Rising demand in food industry, and Growing cosmetic applications, Polysorbate 60 market to expand 167% between 2024 and 2034.