Market Overview:
The global polyhydric alcohol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polyhydric alcohols from various end-use industries, such as food, health care, and others. Polyhydric alcohols are used as humectants, sweeteners, and flavor enhancers in food applications. They are also used as excipients and solvents in the pharmaceutical industry. In addition, they are used as fuel additives and lubricants in various industrial applications. Some of the major players operating in this market include Archer Daniels Midland Company (U.S.), BASF SE (Germany), Cargill Incorporated (U.S.), Ecolab Incorporated (U.S.), Henkel AG & Co., KGaA (Germany), Ingredion Incorporated (U.S.
Product Definition:
Polyhydric alcohols are a group of chemicals that have multiple hydroxyl groups (-OH). They are used as solvents, and in the manufacture of plastics, textiles, and other products.
Sorbitol:
Sorbitol is a type of polyhydric alcohol. It has the ability to dissolve in organic solvents, such as ethers, chloroform and alcohol. The chemical formula for sorbitol is (C6H10O2)1/2CH3OH and it exists in crystalline as well as amorphous forms.
Mannitol:
Mannitol is a type of polyhydric alcohol. It is white in color and has a sweet taste. It occurs naturally in the kernel of dates and also as a by-product of sugar production. The chemical formula for mannitol is C6H12O6 and its molecular weight is 132.2.
Application Insights:
Food application dominated the overall market in terms of revenue share at over 60.0% in 2017. The product is used as a sweetener, humectant and preservative in food products such as baked goods, dairy products and beverages. Rising awareness regarding sugar-free foods among consumers is expected to remain a key driving factor for the polyhydric alcohol industry over the forecast period.
Rising demand for low calorie food products owing to increasing health concerns among consumers is expected to propel demand from the food sector over the forecast period. In addition, growing consumption of sports drinks and functional beverages with added benefits including weight management and energy enhancement are projected to augment industry growth during this period.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global polyhydric alcohols consumption, owing to high demand from various end-use industries such as food & beverage, personal care & cosmetics, pharmaceuticals and others. China is one of the largest consumers of polyols due to increasing health awareness among people coupled with growing disposable income levels in this country.
Europe accounted for a significant share in 2016 owing to rising geriatric population base that requires long term care products such as medicines and others. Moreover, stringent regulations by European Commission regarding utilization of bio-based raw materials for manufacturing are expected to drive demand over the forecast period.
Growth Factors:
- Increasing demand for bio-based polyols in end-use industries such as automotive, construction, and furniture owing to their environmental benefits over petrochemical-based polyols.
- Growing demand for Polyhydric Alcohols in the Asia Pacific region due to the increasing population and rapid industrialization.
- Rising awareness about the benefits of Polyhydric Alcohols among consumers, which is resulting in an increase in their adoption across various applications.
- Technological advancements that are helping manufacturers to develop new and improved products with better performance characteristics than those available in the market currently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyhydric Alcohol Market Research Report
By Type
Sorbitol, Mannitol, Xylitol, Glycerol, Others
By Application
Food, Health Care, Others
By Companies
A & Z Food Additives, Atlantic Chemicals Trading, Cargill, Roquette Freres, Sanxinyuan Food Industry, A & Z Food Additives
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Polyhydric Alcohol Market Report Segments:
The global Polyhydric Alcohol market is segmented on the basis of:
Types
Sorbitol, Mannitol, Xylitol, Glycerol, 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
Food, Health Care, 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:
- A & Z Food Additives
- Atlantic Chemicals Trading
- Cargill
- Roquette Freres
- Sanxinyuan Food Industry
- A & Z Food Additives
Highlights of The Polyhydric Alcohol 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:
- Sorbitol
- Mannitol
- Xylitol
- Glycerol
- Others
- By Application:
- Food
- Health Care
- 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 Polyhydric Alcohol 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?
Polyhydric alcohols are a type of alcohol that contains more than one hydroxyl group. These types of alcohols can be found in many common products, such as mouthwash and shampoo. Polyhydric alcohols are also used in scientific research to create new drugs and treatments.
Some of the major players in the polyhydric alcohol market are A & Z Food Additives, Atlantic Chemicals Trading, Cargill, Roquette Freres, Sanxinyuan Food Industry, A & Z Food Additives.
The polyhydric alcohol 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 Polyhydric Alcohol 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 Polyhydric Alcohol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyhydric Alcohol 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 Polyhydric Alcohol 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 Polyhydric Alcohol Market Size & Forecast, 2020-2028
4.5.1 Polyhydric Alcohol Market Size and Y-o-Y Growth
4.5.2 Polyhydric Alcohol Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Sorbitol
5.2.2 Mannitol
5.2.3 Xylitol
5.2.4 Glycerol
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Health Care
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyhydric Alcohol 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 Polyhydric Alcohol 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Sorbitol
9.6.2 Mannitol
9.6.3 Xylitol
9.6.4 Glycerol
9.6.5 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 Market Size Forecast by Applications
9.10.1 Food
9.10.2 Health Care
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Sorbitol
10.6.2 Mannitol
10.6.3 Xylitol
10.6.4 Glycerol
10.6.5 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 Market Size Forecast by Applications
10.10.1 Food
10.10.2 Health Care
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Sorbitol
11.6.2 Mannitol
11.6.3 Xylitol
11.6.4 Glycerol
11.6.5 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 Market Size Forecast by Applications
11.10.1 Food
11.10.2 Health Care
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Sorbitol
12.6.2 Mannitol
12.6.3 Xylitol
12.6.4 Glycerol
12.6.5 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 Market Size Forecast by Applications
12.10.1 Food
12.10.2 Health Care
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Sorbitol
13.6.2 Mannitol
13.6.3 Xylitol
13.6.4 Glycerol
13.6.5 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) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Health Care
13.10.3 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 Polyhydric Alcohol Market: Competitive Dashboard
14.2 Global Polyhydric Alcohol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A & Z Food Additives
14.3.2 Atlantic Chemicals Trading
14.3.3 Cargill
14.3.4 Roquette Freres
14.3.5 Sanxinyuan Food Industry
14.3.6 A & Z Food Additives
