Polyglycerol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Polyglycerol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • 3D

Report Description

Polyglycerols (PGs) are inter-molecular glycerol ethers formed by the condensation of “n” (two or more) glycerol molecules with elimination of “n-1” water molecules. They are a viscous, slightly hygroscopic liquid. They are also Soluble in water, alcohols and glycerol in all proportions.

Increase in demand for low fat foods is expected to supplement the growth of polyglycerol market in the next few years. Ongoing product innovation, consumer preferences for high-quality products, along with increasing government food regulations are expected to aid the growth of the polyglycerol market.

Fluctuation in the price of raw materials due to variation in their availability is anticipated to impact the final price of polyglycerols, thereby posing as a major obstacle for the polyglycerol market.

The polyglycerol market can be segmented based on application (personal care, food & beverage, pharmaceutical, textile, etc.), products (PG-2, PG-3, PG-4, PG-6, PG-10, etc.), and region (North America, Asia, Europe, Middle East & Africa, and Latin America).

Personal care was the largest application segment, accounting for the dominant share of the global polyglycerol market in 2014. The global personal care industry is expected to witness high growth in the near future owing to the rise in demand for body lotions and moisturizers coupled with increase in consumer awareness and high disposable income.

Extensive consumption of emulsifiers in food products such as salad dressings, peanut butter, chocolate, margarine, and frozen desserts is expected to propel the demand for polyglycerol market during the forecast period. In terms of volume, demand for polyglycerol in the pharmaceutical industry is anticipated to rise at a significant CAGR globally. Increase in the need for pharmaceutical grade creams and other medicines as antibiotics to heal new diseases and the ongoing extensive research in the field are expected to augment the demand for polyglycerols during the forecast period. Furthermore, steady growth of the textile industry in China, India, and other emerging markets has been a key factor driving the polyglycerol market owing to its use as textile lubricant.

PG-2 (di glycerol) and PG-3 (tri glycerol) esters that are extensively used in the food industry, especially in ice-creams, margarines, cakes, baked products, chocolates, and in fat substitution applications, are expected to boost the growth of the polyglycerol market.

PG-4 (tetra glycerol) used as a surfactant in the detergents industry helps in improving texture, fragrance, and softness of the product.

Asia Pacific was the largest region, accounting for the dominant market share of the global polyglycerol market in 2014. This can be ascribed to the positive outlook of the personal care industry in China, India, and Japan in light of rising consumer spending coupled with research and development in new personal care formulations undertaken by several companies. Europe was the next leading market of polyglycerol volume after Asia Pacific. Extensive usage of polyglycerol in the food & beverage industry in Germany and the U.K. is expected to be a key driver of the polyglycerol market in the region. Companies in North America are making huge investing in research and development for producing efficient polyglycerol and are trying to maximize the yield. Latin America is expected to witness significant growth in the polyglycerol market on account of the growing food & beverage industry.

Top global players present in the polyglycerol market include Procter & gamble, SOLVAY, Unilever Holdings, Godrej Industries Ltd., and Dow Chemical Company.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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