PUBLISHER: The Business Research Company | PRODUCT CODE: 1664614
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664614
Polyglycerol is a homopolymer macromolecule composed of a series of glycerol-1-phosphate units, constituting an acyclic polyol. It serves as a carbohydrate and is widely utilized as an emulsifier in various industries, including food, pharmaceuticals, and personal care products.
The primary types of polyglycerol include polyglycerol polyricinoleate, polyglycerol esters, and polyglycerol sebacate. Polyglycerol Polyricinoleate (PGPR) is manufactured through the partial esterification of condensed castor oil fatty acids with polyglycerol. PGPR finds applications as a food additive, emulsifier, stabilizer, and more, and is utilized in industries such as food and beverage, personal care and cosmetics, pharmaceuticals, among others.
The polyglycerol market research report is one of a series of new reports from The Business Research Company that provides polyglycerol market statistics, including polyglycerol industry global market size, regional shares, competitors with a polyglycerol market share, detailed polyglycerol market segments, market trends and opportunities, and any further data you may need to thrive in the polyglycerol industry. This polyglycerol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polyglycerol market size has grown strongly in recent years. It will grow from $2.48 billion in 2024 to $2.7 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to rising demand for biodegradable products, increasing consumer awareness, regulatory support, expansion of personal care industry, rising investments in research and development.
The polyglycerol market size is expected to see strong growth in the next few years. It will grow to $3.88 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to increased biopolymer applications, advancements in green chemistry, growing cosmeceuticals industry, expanding pharmaceutical sector, expanding pharmaceutical sector. Major trends in the forecast period include bio-based material trends, surfactant innovation, global population growth impact, surge in consumer demand for sustainable products, partnerships and collaborations.
The polyglycerols market is poised for growth, driven by the increasing utilization of polyglycerols in the healthcare industry. The healthcare sector encompasses entities providing medical services, manufacturing medical equipment or drugs, offering medical insurance, and delivering healthcare to patients. Polyglycerols serve as emulsifiers, dispersants, and penetrants in medicine, finding applications in ointments, tablets, oral liquids, and injections. This surge in the healthcare industry, exemplified by the projected annual increase in national health spending, averaging 5.1% from 2021 to 2030, reaching around USD 6.8 trillion by 2030, is a key factor propelling the growth of the polyglycerols market.
The polyglycerol market is further bolstered by the increasing awareness of health and wellness. This awareness entails a holistic approach to complete psychological, interpersonal, and physical well-being. Polyglycerols find applications in health and wellness products such as wound care, nutraceuticals, cosmetics, and personal care items. Notably, regulatory considerations and safety assessments play a pivotal role in determining their application across diverse industries. The rising dedication to preserving general well-being, as observed in Australia where over half of the population (52%) is committed to strengthening resilience to disease and illness, contributes significantly to the growth of the polyglycerol market.
The polyglycerols market experiences a surge in demand propelled by the food and beverage sector. This industry involves the transformation of raw agricultural goods into consumer food products, with polyglycerols serving various functions such as emulsifiers, dispersants, stabilizers, emollients, and surfactants. The escalating demand for non-alcoholic beverages in the U.S., with sales increasing from USD 430 billion in 2021 to USD 447 billion in 2022, exemplifies the substantial impact of the food and beverage industry on the growth of the polyglycerols market.
Product innovations are a significant trend gaining traction in the polyglycerol market. Leading companies in this sector are concentrating on creating new solutions to maintain their market position. For example, in October 2023, BASF SE, a chemical company based in Germany, introduced EcoPAX, a bio-based polymer. This product is intended for sustainable packaging solutions, providing improved performance while minimizing environmental impact. EcoPAX is made from renewable resources and aims to address the increasing demand for eco-friendly materials within the packaging industry.
Major players in the polyglycerol market focus on facility expansions to meet the growing needs of their customer base. Facility expansions involve the physical enhancement of existing structures to accommodate increased capacity or improve efficiency. In February 2023, Palsgaard A/S announced a significant expansion in its specialized Dutch manufacturing for high-grade polyglycerol polyricinoleate (PGPR) emulsifiers, aiming to boost its global capacity for PGPR, a product experiencing a 10% annual growth rate. This strategic move aligns with the increasing demand for polyglycerols and positions Palsgaard for sustained growth.
Major companies operating in the polyglycerol market include 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, Croda International Plc, Binzhou GIN&ING New Material Technology, Abitec Corporation, Daicel Corporation, Riken Vitamin Co. Ltd., Cargill Incorporated, Savannah Surfactants, INOVYN, BASF SE, NOVEL CHEM, Jinan Dowin Chemical Technology Co Ltd., Mitsubishi Chemical Holdings Corporation, Mohini Organics Pvt Ltd., Palsgaard, DuPont, Foodchem International Corporation, Venus Ethoxyethers Pvt. Ltd, Stepan Company, Merck KGaA, Procter & Gamble, Solvay S.A., Unilever plc
Asia-Pacific was the largest region in the polyglycerol market in 2024. The regions covered in the polyglycerol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the polyglycerol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The polyglycerol market consists of sales of polyglycerol-based emollients, thickeners, dispersants, surfactants and others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Polyglycerol Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on polyglycerol market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polyglycerol ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The polyglycerol market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.