What is Global Methyl Glucose Market?
The Global Methyl Glucose Market is a vast and dynamic sector that encompasses a wide range of products and applications. Methyl Glucose, a sugar-derived ingredient used in cosmetics and personal care products, has seen a surge in demand due to its moisturizing and skin-conditioning properties. The market is not confined to a single product but is a conglomerate of various types such as Methyl Glucose Dioleate, Methyl Glucose Sesquistearate, PPG-10 Methyl Glucose Ether, PPG-20 Methyl Glucose Ether, PPG-20 Methyl Glucose Ether Distearate, PEG-120 Methyl Glucose Trioleate and Propanediol, Methyl Gluceth -10, Methyl Gluceth -20, PEG-120 Methyl Glucose Dioleate, PEG-20 Methyl Glucose Sesquistearate and others. Each of these products has its unique properties and applications, contributing to the overall growth and diversity of the market.
Methyl Glucose Dioleate, Methyl Glucose Sesquistearate, PPG-10 Methyl Glucose Ether, PPG-20 Methyl Glucose Ether, PPG-20 Methyl Glucose Ether Distearate, PEG-120 Methyl Glucose Trioleate and Propanediol, Methyl Gluceth -10, Methyl Gluceth -20, PEG-120 Methyl Glucose Dioleate, PEG-20 Methyl Glucose Sesquistearate and Others in the Global Methyl Glucose Market:
The Global Methyl Glucose Market finds its significant usage in the personal care and cosmetics industry. The unique properties of Methyl Glucose, such as its ability to retain moisture and improve the texture of products, make it an essential ingredient in various personal care products like creams, lotions, and cleansers. In the cosmetics industry, it is used in the formulation of makeup products, providing them with a smooth and creamy texture. The demand for natural and safe ingredients in personal care and cosmetic products is driving the growth of the Methyl Glucose market.
Personal Care, Cosmetics in the Global Methyl Glucose Market:
The Global Methyl Glucose Market has shown a promising growth trajectory. In 2023, the market was valued at US$ 113.7 million and is projected to reach a value of US$ 180 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period from 2024 to 2030. The Asia-Pacific region, with its strong downstream demand, has emerged as the largest consumer of methyl glucose, accounting for 47% of the global consumption in 2019.
Global Methyl Glucose Market Outlook:
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Report Metric | Details |
Report Name | Methyl Glucose Market |
Accounted market size in 2023 | US$ 113.7 million |
Forecasted market size in 2030 | US$ 180 million |
CAGR | 6.7% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Hangzhou Lingeba Technology, Tinci, TIM Chemical, Reachin, Lubrizol, KCI, Foshan Hytop New Material, Kalichem, Hefei TNJ Chemical Industry, Evonik Industries, NOF Corporation |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |