Global Polyglycerol Market 2021 (Includes Business Impact of COVID-19)

  • TBI516643
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                              

Report updated on 11th September, 2021: Global Polyglycerol Market 2021 (Includes Business Impact of COVID-19)

Global Polyglycerol Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global polyglycerol market report has been segmented on the basis of product, application, and region. Request Covid - 19 Impact The global Polyglycerol market size was valued at USD$2.48 billion in 2020 and is projected to reach USD $5.88 billion by 2030, and is anticipated to expand at a CAGR of 9.00% over the forecast period from 2020 to 2030.

Global Polyglycerol Market: Introduction

Polyglycerol esters also are known as glycerin fatty acid esters are food emulsifiers used as a texture stabilizer, antioxidant, and emulsifying agent in the food industry. These esters are soluble in organic solvents and partly soluble in water and other liquids. Polyglycerol esters are used in various applications such as cosmetics, food & beverage, textile, pharmaceutical, and various other industries.

Global Polyglycerol market: Dynamics

Growing demand for polyglycerol in the personal care industry is expected to augment the growth of the target market. Increasing demand for thickeners, spreading agents, inert ingredients, and additives, in the food industry is projected to drive the growth of the potential market over a few years. Moreover, rising demand for low-fat food in developed and developing countries owing to increasing health consciousness is estimated to support the growth of the global market. However, fluctuating raw material prices is anticipated to slow down the growth of the polyglycerol market over a few years.

Global Polyglycerol Market: Product Analysis

Among product segments, the PG 3 segment is projected to grow at a higher growth rate in the global market. Rising demand for PG 3 in the food industry, in applications such as cakes, ice creams, chocolates, baked products, and others is anticipated to support the growth of the segment.

Global Polyglycerol Market: Application Analysis

Among application segments, the personal care segment is estimated to account a significant share in the potential market. Increasing demand for personal care products in developed countries is a major factor anticipated to drive the growth of the segment. The food & beverage segment is projected to grow at a higher rate over a few years. Rising demand for emulsifier in the food industry is projected to drive the growth of the segment.

Global Polyglycerol Market: Regional Insights

Asia Pacific polyglycerol market is projected to contribute a major share in the polyglycerol market. Increasing demand for polyglycerol in cosmetic, food & beverage, and other industries is a major factor anticipated to drive the growth of the market in the Asia Pacific. Growing demand for personal care products in the region owing to increasing spending power and changing living standards of individuals is estimated to support the growth of the Asia Pacific polyglycerol market in the next 10 years. Asia Pacific is projected to contribute major revenue share in the global polyglycerol market, followed by Europe. The polyglycerol market in Europe is estimated to grow at a steady rate over a few years. Growing cosmetics industry in the region owing to the high adoption of new trends among individuals is another factor anticipated to augment the growth of Europe polyglycerol market. The UK polyglycerol market is projected to dominate the polyglycerol market in the region followed by France and Germany. Increasing demand for polyglycerol in food & beverage and personal care industry in countries the in the region is another factor anticipated to support revenue growth of Europe polyglycerol market.

Below are the active patents related to Polyglycerol Market.

Patent Number: US20170246316A1 Composite containing poly(glycerol sebacate) filler Abstract A filler material of a thermoset resin of a diacid/polyol, such as PGS is provided. The filler useful in forming composites, such as those in which the filler and a resin matrix are of the same material to provide a homogenous polymeric composition. Composites in which at least one of the matrix, the filler or both are PGS are also provided. Methods of forming such filler materials and composites are also disclosed. The composites allow extrusion process to form articles from materials that would not otherwise be capable of being extruded. Application File Date: 2017-02-24 Application Granted Date: 2020-01-07 Current Assignee: Secant Group LLC Patent Number: US20100183539A1 Personal Care Compositions of Sulfonated Estolides and Other Derivatives of Fatty Acids and Uses Thereof Abstract Formulations of personal care compositions and personal care concentrate compositions containing sulfo-estolides are described. Personal care compositions of the present technology include liquid hand soaps, bath and shower washes, shampoos, 2-in-1 or 3-in-1 shampoos, antidandruff shampoo, facial cleaners, among others. Application File Date: 2009-07-21 Application Granted Date: 2012-02-28 Current Assignee: Stepan Co Patent Number: US9334358B2 Oligoester Abstract Novel polyglycerol oligoesters derived from reaction of polyglycerol with a mixture of mono and diacids and also combinations of these novel polyglycerol oligoesters with known polyol monoesters, particularly known polyglycerol monoesters are disclosed. The use of these novel polyglycerol oligoesters and combination of esters as emulsifiers, solubilisers and/or thickeners especially in personal care formulations is also disclosed. Application File Date: 2011-07-13 Application Granted Date: 2016-05-10 Current Assignee: Croda International PLC

Global Polyglycerol Market Segmentation:

Segmentation by Product:
  • PG 2
  • PG 3
  • PG 4
  • PG 6
  • PG 10
Segmentation by Application:
  • Personal Care
  • Food and Beverages
  • Pharmaceuticals
  • Other (Surfactants & Detergents, Lubricants, and Textile)

Key Market Players included in the report:

  • AkzoNobel N.V.
  • Ashland Inc.
  • Cargill, Inc.
  • Clariant AG
  • Croda International PLC
  • Dow
  • DuPont
  • Estelle Chemicals Pvt. Ltd.
  • Evonik Industries
  • Godrej Industries Limited
  • Incorporated
  • Lonza Group AG
  • Mitsubishi Chemical Holdings Corporation
  • Oleon NV
  • Palsgaard A/S,
  • PCC Chemax Inc.
  • PolyOne Corporation
  • Procter & Gamble
  • Riken Vitamin Co.Ltd.
  • Sakamoto Yakuhin kogyo Co. Ltd
  • Sakamoto Yakuhin kogyo Co. Ltd.
  • Solvay S.A.
  • Spiga Nord S.p.A.
  • Stepan Company
  • The Good Scents Company
  • The Hershey Company
  • Unilever

Below are the key development related to Polyglycerol Market in 2020 and 2021.

May 2021: Palsgaard adds new PGPR solution to portfolio Palsgaard PGPR 4190 offers greater control of viscosity, better coating. Palsgaard has launched a new polyglycerol polyricinoleate (PGPR) product that offers chocolate manufacturers increased functionality and efficiency. PGPR is used in chocolate production for mould optimization, flow control and viscosity reduction. Palsgaard’s existing product, Palsgaard PGPR 4150, is a market leader, but the company’s latest offering enhances PGPR performance. Developed exclusively for chocolate, Palsgaard PGPR 4190 is 15 percent more efficient at controlling viscosity than Palsgaard PGPR 4150, and can be used at a dose 30-40 percent lower than other PGPRs. Other benefits include easier flow, better coating of inclusions, and taste- and odor-neutrality. Palsgaard PGPR 4190 is subject to Palsgaard’s quality standards, with batch-to-batch checks guaranteeing uniform stability. Source  

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Polyglycerol Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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