Polyglycerols (PGs) are inter-molecular glycerol ethers formed by the condensation of “n” (two or more) glycerol molecules with elimination of “n-1” water molecules. They are a viscous, slightly hygroscopic liquid. They are also Soluble in water, alcohols and glycerol in all proportions.

Increase in demand for low fat foods is expected to supplement the growth of polyglycerol market in the next few years. Ongoing product innovation, consumer preferences for high-quality products, along with increasing government food regulations are expected to aid the growth of the polyglycerol market.

Fluctuation in the price of raw materials due to variation in their availability is anticipated to impact the final price of polyglycerols, thereby posing as a major obstacle for the polyglycerol market.

The polyglycerol market can be segmented based on application (personal care, food & beverage, pharmaceutical, textile, etc.), products (PG-2, PG-3, PG-4, PG-6, PG-10, etc.), and region (North America, Asia, Europe, Middle East & Africa, and Latin America).

Personal care was the largest application segment, accounting for the dominant share of the global polyglycerol market in 2014. The global personal care industry is expected to witness high growth in the near future owing to the rise in demand for body lotions and moisturizers coupled with increase in consumer awareness and high disposable income.

Extensive consumption of emulsifiers in food products such as salad dressings, peanut butter, chocolate, margarine, and frozen desserts is expected to propel the demand for polyglycerol market during the forecast period. In terms of volume, demand for polyglycerol in the pharmaceutical industry is anticipated to rise at a significant CAGR globally. Increase in the need for pharmaceutical grade creams and other medicines as antibiotics to heal new diseases and the ongoing extensive research in the field are expected to augment the demand for polyglycerols during the forecast period. Furthermore, steady growth of the textile industry in China, India, and other emerging markets has been a key factor driving the polyglycerol market owing to its use as textile lubricant.

PG-2 (di glycerol) and PG-3 (tri glycerol) esters that are extensively used in the food industry, especially in ice-creams, margarines, cakes, baked products, chocolates, and in fat substitution applications, are expected to boost the growth of the polyglycerol market.

PG-4 (tetra glycerol) used as a surfactant in the detergents industry helps in improving texture, fragrance, and softness of the product.

Asia Pacific was the largest region, accounting for the dominant market share of the global polyglycerol market in 2014. This can be ascribed to the positive outlook of the personal care industry in China, India, and Japan in light of rising consumer spending coupled with research and development in new personal care formulations undertaken by several companies. Europe was the next leading market of polyglycerol volume after Asia Pacific. Extensive usage of polyglycerol in the food & beverage industry in Germany and the U.K. is expected to be a key driver of the polyglycerol market in the region. Companies in North America are making huge investing in research and development for producing efficient polyglycerol and are trying to maximize the yield. Latin America is expected to witness significant growth in the polyglycerol market on account of the growing food & beverage industry.

Top global players present in the polyglycerol market include Procter & gamble, SOLVAY, Unilever Holdings, Godrej Industries Ltd., and Dow Chemical Company. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Polyglycerol Market

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