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).
Request
A Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37607
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.
Purchase
A Report- https://www.transparencymarketresearch.com/checkout.php?rep_id=37607<ype=S
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.
Get Trending Report- https://www.prnewswire.com/news-releases/thriving-demand-for-downstream-nitrogen-based-products-enriches-value-chain-of-ammonia-market-wide-demand-in-agriculture-industry-spurs-growth-tmr-301310065.html
Chemicals and Materials Sector
The
Polyglycerol market has been undergoing some remarkable growth dynamics, shaped
increasingly by digital technologies and environmental sustainability concerns
of product development. Over the decades, the feedstock variability and the
onslaught of cheaper substitutes have squeezed in profit margins of the
chemical and materials sector. On the other hand, the value chain of several
businesses in the Polyglycerol market has undergone overhaul, increasingly
rendering some aspiring players with greater control over the forces and
demand. The penetration of Industry 4.0 in in the market has stirred
game-changing trends for range of stakeholders in the overall chemicals and
materials sector. Manufacturing and production environments of businesses in
the Polyglycerol market are keen on formulating and implementing strategic
frameworks that will turn them into digital enterprises.
