Polyglycerol Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts 2019 to 2023
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Global Polyglycerol Market Research Report by Forecast 2023 Polyglycerol Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts 2019 to 2023 Introduction: Polyglycerol are glycerol ethers formed by the condensation of glycerol molecules. They are viscous hydroscopic liquid that is soluble in alcohol, glycerol, and water in all proportions. Polyglycerols are commonly produced through mixing glycerol with an alkaline metal-based catalyst such as sodium or potassium hydroxide, at high temperature of 250–300°C. It is widely used as thickeners, solubilizers, additives, inert ingredients, antifogging agents, and spreading agents. The global glycerol market was valued at approximately USD 2 billion in 2017 and is projected to register a CAGR of around 9%. The growing application of polyglycerols as food additives to improve properties such as flavor, color, texture, and shelf life is expected to boost its demand in food & beverage industry. It is used in food products such as salad dressings, peanut butter, chocolate, margarine, and frozen desserts, among others.
With the growing population, the demand for food has increased at a significant rate. The declining unemployment rate in emerging countries such as India, Indonesia, Brazil, and others has resulted in economic growth. Furthermore, the increasing consumption of ready-to-eat food coupled with rapid urbanization and increasing per capita disposable income as well as technological developments such as climate control storage and pasteurization is expected to fuel the growth of the food industry.
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Global Polyglycerol Market Research Report by Forecast 2023
Key Players :
Procter & Gamble (US), Solvay (Belgium), Unilever (England), Dow (US), Lonza (Switzerland), Godrej Industries Limited (India), THE HERSHEY COMPANY (US), Stepan Company (US), Cargill, Incorporated (US), The Good Scents Company (US), Sakamoto Yakuhin Kogyo Co., Ltd. (Japan), and Spiga Nord S.p.A. (Italy)
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Intended Audience : Polyglycerol manufacturers
Traders and distributors of polyglycerol Research and development institutes
Potential investors Raw material suppliers Nationalized laboratories
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Global Polyglycerol Market Research Report by Forecast 2023 Regions: Global Polyglycerol Market, by region, has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific accounted for the largest market share in 2018 on the backdrop of high demand for polyglycerol in major end-use industries, especially in food & beverage, personal care & cosmetics, and pharmaceuticals. The prime factors driving the market include declining unemployment rate, increasing disposable income, and improving standards of living. International cosmetics brands such as Revlon, L’Oreal, Maybelline, and MAC, among others entering Asian markets is further projected to fuel the demand for cosmetics products. The market in AsiaPacific is also projected to be the fastest-growing market.
The market in Europe and North America is projected to witness significant demand for polyglycerol due to the high demand in the food & beverage, personal care, pharmaceutical, and automotive industry. The stringent regulations regarding reducing the vehicular emission are expected to drive the demand for polyglycerol-based lubricants.
Rapid industrialization in emerging economies such as Brazil and Chile are expected to drive the product demand in Latin America during the forecast period. Browse Full Report @ https://www.marketresearchfuture.com/reports/Polyglycerol-market-5740
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Global Polyglycerol Market Research Report by Forecast 2023 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 Continued. . . . 5
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