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Asia Pacific Methyl Glucose Market Analysis

  • Report ID: GMI4468
  • Published Date: Aug 2024
  • Report Format: PDF

Asia Pacific Methyl Glucose Market Analysis

Based on product, the market is divided into PEG 120 methyl glucoside dioleate, methyl glucoside dioleate, PEG-20 methyl glucose sesquistearate, methyl glucose sesquistearate, ppg-20 methyl glucose ether, PPG-20 methyl glucose ether distearate, PPG-10 methyl glucose ether, methyl glucose isostearate, methyl gluceth-10, methyl gluceth-20, PEG-20 methyl glucose trioleate, PEG-120 methyl glucose trioleate. PEG 120 methyl glucoside dioleate held the dominant market value of USD 19.37 million in 2023 and expected to reach USD 36.66 million by 2032. PEG 120 methyl glucoside dioleate is widely used in the Asia Pacific market due to its excellent emulsifying and thickening properties, making it ideal for formulating high-performance personal care and cosmetic products. Its ability to create stable emulsions and enhance the texture of formulations aligns with the region's growing demand for effective and skin-friendly ingredients. Additionally, its mildness and compatibility with other ingredients make it a preferred choice for manufacturers catering to diverse consumer needs in the Asia Pacific market.
 

 Asia Pacific Methyl Glucose Market Revenue Share, By Form, (2023)

Based on form, the market is categorized into liquid, powder. Liquid accounted for 56.59% market share in 2023 and is projected to grow significantly till 2032. Liquid forms dominate the Asia Pacific methyl glucose market due to their ease of use and versatility in various applications. liquids can be easily incorporated into formulations, ensuring uniform distribution and effective performance across a range of personal care and cosmetic products. Their fluid nature allows for smoother mixing and blending with other ingredients, enhancing product texture and stability. Additionally, liquid methyl glucose derivatives offer better compatibility with aqueous formulations, which are prevalent in the region's market. This adaptability and convenience make liquid forms the preferred choice among manufacturers and contribute to their dominance in the market.
 

Based on application, the market is categorized into cosmetics and personal care, pharmaceutical, food and beverages and others. Cosmetic and personal care accounted for 43.86% market share in 2023 and is projected to grow significantly in 2032. The Cosmetics and Personal Care segment dominates the Asia Pacific Market due to the high demand for safe, skin-friendly ingredients in skincare and haircare products. Methyl glucose derivatives are valued for their excellent moisturizing, emollient, and conditioning properties, making them ideal for a wide range of formulations. Additionally, the growing consumer preference for natural and non-irritating ingredients in personal care products drives the widespread use of methyl glucose in this sector.
 

China Methyl Glucose Market Size, 2021- 2032 (USD Million)

China dominated the market in 2023. It generated a revenue of USD 26.07 million in 2023.  In the Asia Pacific methyl glucose market, China stands out as a major player due to its extensive manufacturing capabilities and robust demand for personal care and cosmetic products. The country’s rapidly growing consumer base and increasing focus on natural and gentle ingredients drive significant consumption of methyl glucose derivatives. China's large-scale production facilities cater to both domestic and international markets, boosting its role as a key supplier in the region. Additionally, the rising awareness of skincare and health among Chinese consumers supports the demand for high-quality, multifunctional ingredients. This combination of strong domestic demand, manufacturing strength, and consumer trends positions China as a leading force in the market.

Authors: kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Asia Pacific market for methyl glucose was valued at around USD 63.48 million in 2023 and expected to reach around USD 114.11 million in 2032, due to its exceptional emulsifying and thickening properties, which make it ideal for use in a variety of personal care and cosmetic products.

Liquid segmented accounted for 56.59% share in Asia Pacific methyl glucose industry in 2023, due to their ease of use and versatility in various applications.

China methyl glucose market generated a revenue of USD 26.07 million in 2023 and will continue to growth due to its extensive manufacturing capabilities and robust demand for personal care and cosmetic products.

Foshan Hytop New Material, Guangzhou Tinci Materials Technology (Tinci), Hangzhou Fanda Chemical Co., Ltd., Hangzhou TIM Chemicals Co., Ltd., Hefei TNJ Chemical Industry Co. Ltd., Kalichem, KCI Limited, and Kiama Research Labs among others.

Asia Pacific Methyl Glucose Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 532
  • Countries covered: 23
  • Pages: 155
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