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Polyglycerol Market Report by Product (PG-2, PG-3, PG-4, PG-6, PG-10), Application (Food and Beverage, Pharmaceuticals, Personal Care, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3902
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Market Overview:
The global polyglycerol market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 7.4% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 2.7 Billion |
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Market Forecast in 2032
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US$ 5.2 Billion |
| Market Growth Rate 2024-2032 | 7.4% |
Polyglycerol is a clear, viscous, and nonvolatile liquid manufactured via alkali-catalyzed dehydration of glycerol with epoxy intermediates. Its fatty acid esters, which are innocuous, biodegradable, and nonionic surfactants, are employed in the food and beverage (F&B) industry as antistatic and antifogging agents for food packaging. They are also used as a mold inhibitor and an emulsifying agent in the production of baked goods, chewing gum, and low-fat spreads. Besides this, on account of its amphiphilic properties, polyglycerol is utilized in the pharmaceutical and cosmetics industries worldwide.
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Polyglycerol Market Trends:
The increasing consumption of processed food products due to hectic lifestyles and inflating disposable incomes represents one of the major factors contributing to market growth. Moreover, the rising preference for organic products is positively influencing the application of polyglycerol in the personal care industry, wherein it is used as a moisture-retaining agent and thickener. Additionally, the growing influence of social media and increasing focus on health and hygiene are driving the sales of personal care products around the world. Apart from this, the derivatives of polyglycerol are widely being used in the pharmaceutical industry as drug carriers and in the biomedical sector for regenerative medicines. On account of the rising prevalence of medical ailments and the increasing development of healthcare infrastructure, the thriving pharmaceutical industry is also bolstering the market growth. Furthermore, several market players are investing in research and development (R&D) activities to launch new products. This is anticipated to increase the use of polyglycerol in the manufacturing of water-soluble polymer plasticizers and lubricating food equipment and agrochemicals.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polyglycerol market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and application.
Breakup by Product:
- PG-2
- PG-3
- PG-4
- PG-6
- PG-10
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Food and Beverage
- Pharmaceuticals
- Personal Care
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Cargill Incorporated, Croda International Plc, DuPont de Nemours Inc, Lonza Group AG, Palsgaard A/S, Riken Vitamin Co. Ltd., Sakamoto Yakuhin kogyo Co. Ltd., Savannah Surfactants, Spiga Nord S.p.A., Stepan Company, The Good Scents Company and The Procter & Gamble Company.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Product, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Cargill Incorporated, Croda International Plc, DuPont de Nemours Inc, Lonza Group AG, Palsgaard A/S, Riken Vitamin Co. Ltd., Sakamoto Yakuhin kogyo Co. Ltd., Savannah Surfactants, Spiga Nord S.p.A., Stepan Company, The Good Scents Company and The Procter & Gamble Company |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global polyglycerol market was valued at US$ 2.7 Billion in 2023.
We expect the global polyglycerol market to exhibit a CAGR of 7.4% during 2024-2032.
The rising consumer inclination towards organic products, along with the increasing demand for polyglycerol as a moisture-retaining agent and thickener across the personal care industry, is primarily driving the global polyglycerol market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for polyglycerol.
Based on the product, the global polyglycerol market has been segregated into PG-2, PG-3, PG-4, PG-6, and PG-10. Among these, PG-3 currently exhibits a clear dominance in the market.
Based on the application, the global polyglycerol market can be bifurcated into food and beverage, pharmaceuticals, personal care, and others. Currently, personal care holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global polyglycerol market include Cargill Incorporated, Croda International Plc, DuPont de Nemours Inc, Lonza Group AG, Palsgaard A/S, Riken Vitamin Co. Ltd., Sakamoto Yakuhin kogyo Co. Ltd., Savannah Surfactants, Spiga Nord S.p.A., Stepan Company, The Good Scents Company, and The Procter & Gamble Company.
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