Pune, India, January 31, 2018 /MRFR Press Release/- Market research future published a Half cooked research report on Global Polyglycerols Market.
Polyglycerols 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.
Polyglycerols Market Overview:
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.
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Polyglycerols 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.
Polyglycerols 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.
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.
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The North American market is expected to grow at a steady CAGR due to extensive consumption of polyglycerol in the pharmaceuticals and food industry. The fast paced lifestyle has augmented the demand for process and on the go food products, hence, fuelling the market demand owing to the extensive use of polyglycerol as food additives. Moreover, the growing prevalence of lifestyle disease such as obesity has augmented the use polyglycerol in the low fat applications which is also contributing to the market growth.
A steady development is achieved in the European market due to the growing adoption of the product in the automobile and healthcare industry. The growing demand for low fat products has surged the use of polyglycerol in bakery and chocolate manufacturing which is significantly adding to the market growth. In addition to this, polyglycerol is used as emulsifier and food additives and in the automotive industry is rise the demand of the products.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.4 End Use
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
5 Market Dynamics Of The Global Polyglycerol Market
6 Global Polyglycerol Market, By Product Type
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