Polyglycerol Market Estimated At USD 3.83 Billion By 2025Posted by Neha Bora on January 3rd, 2025 San Francisco, 3 January 2025: The Report Polyglycerol Market Size, Share & Trends Analysis Report By Product (PG-2, 3, 4, 6, 10), By Application (F&B, Pharmaceuticals, Personal Care), By Region (APAC, Europe, MEA, North America), And Segment Forecasts, 2019 - 2025 The global polyglycerol market size is expected to reach at USD 3.83 billion by 2025 expanding at a CAGR of 9.0% during the forecast period, according to a new report by Grand View Research, Inc. Polyglyceryl-3 diisostearate, polyglyceryl-3 dimer dilinoleate, and polyglyceryl-3 ricinoleate are some of the key polyglycerol 3 esters. Polyglycerol esters are plant/vegetable-derived, which makes them renewable and eco-friendly. Thus, favorable regulations pertaining to the use of polyglycerol and its esters is likely to be the major factor driving the market.Fluctuating prices of raw materials and availability of substitutes may hamper the market growth. Moreover, the potential supply-demand gap for glycerol, which is expected in near future, followed by the presence of enzymes are expected cause hindrance to the market growth. However, rapidly growing personal care and F&B industries coupled with increasing pharmaceutical investments is expected to propel the product demand. Polyglycerol is used as cosmetic additives in personal care industry. The personal care industry is witnessing accelerated growth across the globe owing to factors like increasing disposable income, access to online platforms, and demand for anti-aging, natural, and gender-specific products. The F&B application segment accounted for 30.2% of the overall volume share in 2017. Increasing demand for food additives in bakery products, chocolate production, and other food-related markets is expected to boost the market growth over the forecast period. Polyglycerol is also used in other applications, such as drilling fluids, textile lubricants, and wastewater treatment. Increasing oil and shale exploration activities in North America and Africa are expected to augment the market development. Also, emphasis on the improvement of water treatment facilities owing to strict government regulations is likely to propel the product demand in near future. Led by U.S., North America is a prominent regional market on account of high demand for bakery items, cosmetics, and liquid detergents in the region. Moreover, recovering of pharmaceutical industry in U.S. is expected to boost the demand further, thereby augmenting regional market expansion. Pioneers in the global market have undertaken several strategies, such as new product development, extensive R&D activities, and expansion of customer base, to gain competitive advantage over others. For example, in July 2017, Lonza acquired Capsugel S.A. for USD 5.5 billion to boost its growth and ability to cater to customers of pharmaceutical, healthcare, and nutrition industries. Access Research Report of Polyglycerol Market @ https://www.grandviewresearch.com/industry-analysis/polyglycerol-market Further key findings from the study suggest:
Grand View Research has segmented the global polyglycerol market on the basis of product, application, and region: Polyglycerol Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Polyglycerol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Polyglycerol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Access Press Release of Polyglycerol Market @ https://www.grandviewresearch.com/press-release/global-polyglycerol-market About Grand View Research Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. For More Information: https://www.grandviewresearch.com/horizon Like it? Share it!More by this author |