Press release
Polyglycerol Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts 2018 to 2023
The extensive use of polyglycerol from the end-user industries is projected to drive the market growth during the forecast period, 2017-2023Market Definition-
The polyglycerol is widely used as in automobile, personal care, healthcare, pharmaceuticals, food & beverage and others. Polyglycerols are extensively used in the processed food and low fat applications. Personal care industry is expected to witness the highest growth during the forecast years. Its growing use in lotions, moisturizers, sun care and other skin care products has contributed substantially to the growth of the segment.
Global Leaders -
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
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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
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.
Geographical Analysis-
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
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Intended Audience
• Polyglycerol market manufacturers
• Traders and Distributors of Polyglycerol market
• Production process industries
• Potential investors
DC description
• Polyglycerol
• polycarbonate suppliers
• Polyglycerol market
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