Competitive Analysis:
Procter & gamble
SOLVAY
Unilever Holdings
Godrej Industries Ltd
Dow Chemical Company
The Lonza Group
The Hershey Company
Stepan Company
Savannah Surfactants
Palsgaard
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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.
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.
Regional Outlook:
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
Intended Audiences:
•Polyglycerol market manufacturers
•Traders and Distributors of Polyglycerol market
•Production process industries
•Potential investors