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Polyglycerol Market Overview-Forecast Market Size, Trends, Outlook By 2023-2032
Polyglycerol Market
The Business Research Company's Polyglycerol Global Market Report 2023 identifies increasing use of polyglycerols in the healthcare industry as the major driver for the Polyglycerol market's growth in the forecast period. The healthcare industry refers to businesses providing medical services, manufacturing medical equipment or drugs, providing medical insurance, and providing healthcare to patients. Polyglycerols are used as emulsifiers, dispersants, and penetrants in medicine and as emulsifiers for ointments, tablets, oral liquids, and injections.
The global polyglycerol market size is expected to grow from $2.11 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polyglycerol market size is expected to reach $3.16 billion in 2027 at a CAGR of 8.2%.
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Major competitors in the Polyglycerol market Sakamoto Yakuhin kogyo Co Ltd., Spiga Nord S p A, Lonza Group, Taiyo Kagaku Co Ltd., Estelle Chemicals Pvt Ltd., SPELL ORGANICS LTD, Oleon NV.
A key trend in the Polyglycerol market includes product innovations. Major companies operating in the polyglycerol market are focused on developing new solutions to sustain their position in the market. For instance, in May 2021, Palsgaard, a Denmark-based emulsifier and stabilizer company, launched PGPR 4190, a polyglycerol polyricinoleate (PGPR) product. PGPR 4190 is used for mold optimization, flow control, and viscosity reduction in chocolate production. It is more efficient in low doses and highly cost-effective.
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The Polyglycerol market is segmented -
• By Type: Polyglycerol Polyricinoleate, Polyglycerol Esters, Polyglycerol Sebacate
• By Application: Food Additives, Emulsifiers, Stabilizers, Other Applications
• By End-Use: Food And Beverage, Personal Care And Cosmetics, Pharmaceuticals, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polyglycerol market.
The Business Research Company's "Global Polyglycerol Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Polyglycerol Market Include:
1. Executive Summary
2. Polyglycerol Market Characteristics
3. Polyglycerol Market Trends And Strategies
4. Polyglycerol Market - Macro Economic Scenario
5. Polyglycerol Market Size And Growth
………………………………………………………….
26. Africa Polyglycerol Market
27. Polyglycerol Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polyglycerol Market
29. Polyglycerol Market Future Outlook and Potential Analysis
30. Appendix
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