Propylene Glycol Alginate Market | Growth Trends, Share Report, Global Industry Size, 2027


Posted April 30, 2021 by chemical123

Global Propylene Glycol Alginate Market Research Report: by Application (stabilizers, emulsifiers, thickeners and others) by End Use (food & beverage, Personal Care & Cosmetics, pharmaceuticals) – Forecast till 2027

 
Description :

Propylene glycol Market Analysis
Propylene glycol alginate is used in a wide range of applications such as stabilizers, thickeners, emulsifiers, defoaming agents, surfactants, and preservatives among others. The rising demand from the food and beverage and cosmetic & personal care industry across the globe is substantially contributing to the growth of the propylene glycol alginate market. Propylene glycol alginate is extensively used in breweries to stabilize the foam in beers. The growing beer consumption across the globe is anticipated to positively affect the growth of the global propylene glycol alginate market.
The global propylene glycol alginate market is segmented into application and region. On the basis of the application, the global market of propylene glycol alginate is segmented into thickeners, emulsifiers, gelling agents, defoaming agents, surfactants, preservatives, texture stabilizers and others. On the basis of the end-user industry, the market is further segregated into food & beverage, pharmaceuticals, cosmetic & personal care and others. On the basis of the region, the global propylene glycol alginate market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.
Top Key Players
Some of the prominent players in the global propylene glycol alginate market are Universal Preserv-A-Chem Incorporated (U.K), Kikkoman Corporation (Japan), KIMICA Corporation (Japan), Fuji Kasei Co. Ltd (Japan), IRO Alginate Industry Co., Ltd (China)., Qingdao Bright Moon Seaweed Group Co.,Ltd (China), and Rizhao Jiejing Group Co., Ltd (China) among others

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Report : https://www.marketresearchfuture.com/reports/propylene-glycol-alginate-market-5733

Regional Analysis
The global propylene glycol alginate market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest growing market during the forecast period.
The presence of agrarian economies has augmented the use of propylene glycol alginate as herbicides, pesticides. Moreover, the growing population has increased the demand for food and beverages, in turn, adding to the demand for propylene glycol alginate.
Moreover, the growing disposable income in the region has augmented the demand for beer, which is anticipated to fuel the market growth further. According to the Statistics, the beer revenue in India is expected to reach US$ 3,758 million by the end of 2018. North America is anticipated to be the largest market, which is closely followed by Europe.

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Last Updated April 30, 2021