Polyglycerol Market Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2030

January 03, 2022

Polyglycerols are used in a wide range of end-use industry owing to their application as surfactant, stabilizing and emulsifying agent among others. The rising growth of the pharmaceutical and cosmetic and healthcare industries across the globe is substantially affecting the growth of the polyglycerol market.

The global polyglycerol market has been driven by a range of application in the various end-use industries such as food & beverages, pharmaceuticals, personal care among others. Moreover, it is estimated that the personal care industry is set to witness the highest growth due to the growing application of polyglycerols in moisturizers, hair care and other personal care products.

Market Segmentation:

The global Polyglycerol Market is segmented into product type and end-user. On the basis of product type, the market is segregated into PG2, PG3, PG4, PG6, and PG10. The market by end use industry is bifurcated into food & beverages, pharmaceuticals, personal care, others.

Access Complete Report @ https://www.marketresearchfuture.com/reports/polyglycerol-market-5319

Market Scenario:

The PG3 product segment is anticipated to observe a higher CAGR during the forecast period. The enhanced and superior qualities of polyglycerols find their application in the food & beverage and the detergent industry. PG3 is used in margarines, chocolates, baked products and in other fat substitution applications. Moreover, it is also used as surfactant in the detergent industry owing to its improved texture, softness, and fragrance of the product.

The global polyglycerol market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an exponential CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as food and beverage, personal care, home care, and automotive among others, which, in turn, is anticipated to fuel the demand for polyglycerol in the region. Moreover, the growing processed food demand mainly in Japan, India and China is also expected to contribute to the market.

The European region is estimated to witness a significant growth in the countries owing to burgeoning personal care and automobile industry. The increasing use of polyglycerol by the health conscious population owing to the low fat content coupled with the increased use in food products is expected to be one of the major factors contributing to growth of the market.

The North American polyglycerol market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing use in processed food, salad dressings, lotions, detergents, and hair care among others is fuelling the growth of the polyglycerol market in this region.

Competitive Analysis:

Some of the prominent players operating in the global polyglycerol market are, Procter & gamble (U.S.), SOLVAY( Belgium), Unilever Holdings (England), Godrej Industries Ltd (India)., Dow Chemical Company (U.S.), The Lonza Group (Switzerland), The Hershey Company (U.S.), Stepan Company(Illinois), Savannah Surfactants (India), and Palsgaard (Denmark) among others.

Get Free Sample Request @ https://www.marketresearchfuture.com/sample_request/5319

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Read More Related Article:

https://www.marketresearchfuture.com/reports/cobalt-market-6549