PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577346
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577346
Asia Pacific Methyl Glucose Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Asia Pacific Methyl Glucose Market was worth around USD 63.48 million in 2023 and will register a 6.6% CAGR between 2024 and 2032, propelled by the growing interest in sustainable and eco-friendly products, combined with a heightened focus on skin health and wellness. As consumers increasingly seek natural and safe ingredients for their personal care routines, methyl glucose derivatives gain popularity due to their mild, skin-friendly properties. The demand for eco-conscious and effective formulations aligns with methyl glucose's attributes, boosting its use in skincare and haircare products. This trend supports market growth by catering to evolving consumer preferences for both sustainability and skin health.
Asia Pacific methyl glucose industry is divided on the basis of product, form, application, and region.
PEG 120 methyl glucoside dioleate held USD 19.37 million in 2023 and will reach USD 36.66 million by 2032. This ingredient is extensively utilized in the Asia Pacific region due to its superior emulsifying and thickening capabilities, making it ideal for creating high-performance personal care and cosmetic products. Its ability to form stable emulsions and improve the texture of formulations meets the region's increasing demand for effective, skin-friendly ingredients. Besides, its mild nature and compatibility with other components make it a top choice for manufacturers addressing varied consumer preferences in the Asia Pacific market.
The Cosmetics and Personal Care segment accumulated a 43.86% market share in 2023 due to the high demand for safe, skin-friendly ingredients in haircare and skincare products. Methyl glucose derivatives are highly esteemed for their exceptional moisturizing, emollient, and conditioning qualities, which make them ideal for a range of formulations. Moreover, the increasing consumer preference for natural and non-irritating ingredients in personal care products substantially drives the broad adoption of methyl glucose derivatives in this sector.
China methyl glucose market achieved USD 26.07 million in 2023 due to its rapidly expanding personal care and cosmetic industries. As consumer demand for safe, skin-friendly, and natural ingredients grows, methyl glucose derivatives are increasingly sought after for their excellent moisturizing and conditioning properties. China's large and diverse population, coupled with rising disposable incomes and an increasing focus on high-quality personal care products, fuels this demand. Additionally, China's growing emphasis on innovation and product development in the cosmetics sector further supports market expansion for methyl glucose derivatives.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Market challenges
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.2.1 Sustainable manufacturing
- 3.3.3 Sustainability in raw materials
- 3.3.4 Raw material pricing trends (USD/Ton)
- 3.3.4.1 North America
- 3.3.4.2 Europe
- 3.3.4.3 Asia Pacific
- 3.3.4.4 Middle East and Africa
- 3.3.4.5 Latin America
- 3.4 Regulations and market impact
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Product, 2021-2032 (USD Million, Kilo Tons)
- 5.1 Key trends
- 5.2 PEG 120 methyl glucoside dioleate
- 5.3 Methyl glucoside dioleate
- 5.4 PEG-20 methyl glucose sesquistearate
- 5.5 Methyl glucose sesquistearate
- 5.6 PPG-20 methyl glucose ether
- 5.7 PPG-20 methyl glucose ether distearate
- 5.8 PPG-10 methyl glucose ether
- 5.9 Methyl glucose isostearate
- 5.10 Methyl Gluceth-10
- 5.11 Methyl Gluceth-20
- 5.12 PEG-20 methyl glucose trioleate
- 5.13 PEG-120 methyl glucose trioleate
Chapter 6 Market Size and Forecast, By Form, 2021-2032 (USD Million, Kilo Tons)
- 6.1 Key trends
- 6.2 Liquid
- 6.3 Powder
Chapter 7 Market Size and Forecast, By Application, 2021-2032 (USD Million, Kilo Tons)
- 7.1 Key trends
- 7.2 Cosmetics and personal care
- 7.3 Pharmaceuticals
- 7.4 Food and beverages
- 7.5 Others
Chapter 8 Market Size and Forecast, By Region, 2021-2032 (USD Million, Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 BOC Sciences
- 9.2 Evonik Industries AG
- 9.3 Foshan Hytop New Material
- 9.4 Guangzhou Tinci Materials Technology (Tinci)
- 9.5 Hangzhou Fanda Chemical Co., Ltd.
- 9.6 Hangzhou TIM Chemicals Co., Ltd.
- 9.7 Hefei TNJ Chemical Industry Co. Ltd.
- 9.8 Kalichem
- 9.9 KCI Limited
- 9.10 Kiama Research Labs
- 9.11 NOF Corporation
- 9.12 Reachin Chemical Co., Ltd.
- 9.13 Wuhan Fortuna Chemical Co., Ltd.
