Market Overview:
The global odorless pentylene glycol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polymers and food processing applications. In terms of volume, the food grade segment is projected to lead the market during the forecast period. This can be attributed to its growing demand in food processing applications across different regions. Asia Pacific is expected to witness high growth rates during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Pentylene glycol is an organic compound with the formula C5H10O2. It is a colorless, odorless, and viscous liquid that is soluble in water. Pentylene glycol finds use as a solvent and has been used as an alternative to diethyl ether for the preparation of Grignard reagents.
Food Grade:
Food-grade pentylene glycol is a colorless, odorless liquid that is widely used as an anti-freezing agent in the food industry. It can also be used as a substitute for table salt and sugar in several foods. Food grade pentylene glycol has applications ranging from frozen desserts to processed meat and from bakery products to canned vegetables.
Industry Grade:
Industry grade is a type of Pentylene Glycol that has no particular odor. It can be used as an intermediate in the production of fragrances and flavors. Industry grade Pentylene Glycol is usually sold to companies who produce flavor and fragrance products for other industries such as food, pharmaceuticals, etc.
Application Insights:
The demand for PPG is expected to witness growth in applications, such as polymers production, food processing and personal care. The polymer production segment accounted for the largest share of the global odorless pentylene glycol market in 2017. It is used as a replacement for phthalate-based plasticizers that are commonly found in PVC products due to its non-toxic nature and better biodegradability.
PPG is also used as an intermediate chemical in the manufacturing of various other industrial chemicals including adhesives & sealants, coatings & enamels, dyes & pigments and lubricants among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 45% of the global revenue. The region is expected to witness significant growth on account of rapid industrialization, coupled with increasing product demand from various end-use industries. China is anticipated to remain a key consumer owing to its rapidly expanding food & beverage sector along with rising investments in domestic odorlessPG production capacity by major players such as ChemChina (Jiangsu) Co., Ltd.; Shanghai Shengxiao Biochemical Corp; and Sinopec Group.
Europe also held a considerable share of the industry due to stringent regulations imposed by various agencies such as ECHA, REACH, and FDA on PEGylated chemicals used across different sectors including personal care products, pharmaceuticals etc. In addition, growing R&D activities related to OEL products are projected favorably impact industry growth over the forecast period.
Growth Factors:
- Increasing demand for personal care products: The global pentylene glycol market is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing demand for personal care products, especially in emerging markets such as China and India.
- Rising demand from the pharmaceutical industry: Pentylene glycol is used as a solvent and viscosity modifier in various pharmaceutical formulations. It helps improve the solubility of drugs and increases their bioavailability. This is expected to drive the pentylene glycol market during the forecast period.
- Growing use in cosmetics: Pentylene glycol has excellent moisture-binding properties, which makes it an ideal ingredient for cosmetics formulations such as moisturizers, sunscreens, anti-aging creams, etcetera .This is another key factor that is expected to fuel the growth of this market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Odorless Pentylene Glycol Market Research Report
By Type
Food Grade, Industry Grade, Others
By Application
Polymers Production, Food Processing, Personal Care, Cosmetic, Others
By Companies
Oriental Union Chemical Corporation, PJSC Kazanorgsintez, Shell, Dow Chemical, INEOS, Minasolve, Symrise, Trulux Pty Ltd, Akema S.r.l.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Odorless Pentylene Glycol Market Report Segments:
The global Odorless Pentylene Glycol market is segmented on the basis of:
Types
Food Grade, Industry Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polymers Production, Food Processing, Personal Care, Cosmetic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oriental Union Chemical Corporation
- PJSC Kazanorgsintez
- Shell
- Dow Chemical
- INEOS
- Minasolve
- Symrise
- Trulux Pty Ltd
- Akema S.r.l.
Highlights of The Odorless Pentylene Glycol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Industry Grade
- Others
- By Application:
- Polymers Production
- Food Processing
- Personal Care
- Cosmetic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Odorless Pentylene Glycol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Odorless pentylene glycol is a clear, colorless liquid with a sweet odor. It is used as an antifreeze, engine coolant, and fogging agent.
Some of the major companies in the odorless pentylene glycol market are Oriental Union Chemical Corporation, PJSC Kazanorgsintez, Shell, Dow Chemical, INEOS, Minasolve, Symrise, Trulux Pty Ltd, Akema S.r.l..
The odorless pentylene glycol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Odorless Pentylene Glycol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Odorless Pentylene Glycol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Odorless Pentylene Glycol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Odorless Pentylene Glycol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Odorless Pentylene Glycol Market Size & Forecast, 2018-2028
4.5.1 Odorless Pentylene Glycol Market Size and Y-o-Y Growth
4.5.2 Odorless Pentylene Glycol Market Absolute $ Opportunity
Chapter 5 Global Odorless Pentylene Glycol Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Odorless Pentylene Glycol Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Industry Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Odorless Pentylene Glycol Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Odorless Pentylene Glycol Market Size Forecast by Applications
6.2.1 Polymers Production
6.2.2 Food Processing
6.2.3 Personal Care
6.2.4 Cosmetic
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Odorless Pentylene Glycol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Odorless Pentylene Glycol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Odorless Pentylene Glycol Analysis and Forecast
9.1 Introduction
9.2 North America Odorless Pentylene Glycol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Odorless Pentylene Glycol Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Industry Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Odorless Pentylene Glycol Market Size Forecast by Applications
9.10.1 Polymers Production
9.10.2 Food Processing
9.10.3 Personal Care
9.10.4 Cosmetic
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Odorless Pentylene Glycol Analysis and Forecast
10.1 Introduction
10.2 Europe Odorless Pentylene Glycol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Odorless Pentylene Glycol Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Industry Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Odorless Pentylene Glycol Market Size Forecast by Applications
10.10.1 Polymers Production
10.10.2 Food Processing
10.10.3 Personal Care
10.10.4 Cosmetic
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Odorless Pentylene Glycol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Odorless Pentylene Glycol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Odorless Pentylene Glycol Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Industry Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Odorless Pentylene Glycol Market Size Forecast by Applications
11.10.1 Polymers Production
11.10.2 Food Processing
11.10.3 Personal Care
11.10.4 Cosmetic
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Odorless Pentylene Glycol Analysis and Forecast
12.1 Introduction
12.2 Latin America Odorless Pentylene Glycol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Odorless Pentylene Glycol Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Industry Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Odorless Pentylene Glycol Market Size Forecast by Applications
12.10.1 Polymers Production
12.10.2 Food Processing
12.10.3 Personal Care
12.10.4 Cosmetic
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Odorless Pentylene Glycol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Odorless Pentylene Glycol Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Odorless Pentylene Glycol Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Industry Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Odorless Pentylene Glycol Market Size Forecast by Applications
13.10.1 Polymers Production
13.10.2 Food Processing
13.10.3 Personal Care
13.10.4 Cosmetic
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Odorless Pentylene Glycol Market: Competitive Dashboard
14.2 Global Odorless Pentylene Glycol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oriental Union Chemical Corporation
14.3.2 PJSC Kazanorgsintez
14.3.3 Shell
14.3.4 Dow Chemical
14.3.5 INEOS
14.3.6 Minasolve
14.3.7 Symrise
14.3.8 Trulux Pty Ltd
14.3.9 Akema S.r.l.
