Wed. Jun 12th, 2024
Propyl Gallate Market

The ‘Global Propyl Gallate Market Share, Size, Analysis, Demand, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global propyl gallate market, assessing the market on the basis of its segments like functions, end uses, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Propyl Gallate Market Size, Share, Price, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents@

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 5.6%

Report AttributeDetails
Historical Period2017-2021
Forecast Period2022-2027
Base Year2020
Growth Rate CAGR5.6%
Major PlayersImpextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, Gallochem Co., Ltd., Others

The thriving cosmetics and personal care industry, owing to the increasing living standards and rising hygienic awareness, is propelling the demand for propyl gallate. Considered a safe antioxidant, propyl gallate is used in numerous beauty and cosmetic products. In addition, the rapid urbanisation across emerging economies is further propelling the sale of lipsticks, bath products, and sunscreens, among others, which is boosting the incorporation of propyl gallate.

Propyl gallate is also a major component in food items containing significant amounts of oils and fat. In this regard, the rapidly growing food and beverage industry is further propelling the propyl gallate market growth.

Meanwhile, the non-genotoxicity of propyl gallate makes it ideal for the production of animal feed. It is extensively used to increase the fat of farm sheep, cows, and goats, among others, which is a crucial factor driving the market growth. One of the major advantages of propyl gallate as an animal feed is that the product can be used for both food producing and non-food producing animals.

Regionally, the Asia Pacific occupies a significant market share. The increasing demand for propyl gallate to make adhesives and lubricants which are to be used in various industries including construction and automotive is driving the propyl gallate market growth in the region. Over the forecast period, the rapid urbanisation and industrialisation across emerging economies such as India and China are likely to provide impetus to the growth of the market.

Propyl Gallate Industry Definition and Major Segments

Propyl gallate is defined as an antioxidant preservative which is a member of the galloyl esters class of organic compounds. This chemical compound is obtained by the condensation of gallic acid and propanol. Propyl gallate emerges as a white powder with a faint odour or no smell at all. The taste of the compound is bitter and is extensively used in the manufacturing of cosmetics and beauty products.

Read Full Report with Table of Contents@

Based on function, the propyl gallate market can be segmented into:

• Antioxidant
• Anti-Quenching Agents
• Adhesives
• Lubricating Agents
• Additives
• Others

The significant end uses of the product include:

• Pharmaceuticals
• Food and Beverage
• Animal Feed
• Cosmetics and Personal Care
• Oil and Gas
• Others

On the basis of region, the market can be categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Also Check@ Top 5 Propyl Gallate Companies

Propyl Gallate Market Trends

The key trends in the global propyl gallate market include the increasing sale of downstream products of propyl gallate such as cosmetics, drugs, and animal food products, among others via supermarkets and hypermarkets. On the other hand, the emerging e-commerce industry is further bolstering the growth of these products.

The growing research and development activities by major cosmetics and personal care product manufacturers are likely to be crucial trends in the market. These activities have been aimed towards producing superior-quality beauty products to meet the growing expectations of the working-class population. The research and development activities are further anticipated to increase the sale of cosmetics leading to a greater growth of the propyl gallate market.

Moreover, propyl gallate is also utilised as an antioxidant in wide range of drugs and therapeutics. Hence, the growing advancements and efforts by the major pharmaceutical firms to curb the growing cases of chronic diseases among the geriatric population are likely to be key market accelerating trends.

Furthermore, the increasing demand for fried ready-to-eat products, seafoods, instant noodles, and various other clean labelled food products are predicted to augment the supply-demand chain of the propyl gallate in the forecast period.

Key Market Players

The major players in the propyl gallate market report are:

  • Impextraco NV
  • Leshan Sanjiang Bio-tech Co., Ltd.
  • Rexler
  • Gallochem Co., Ltd.
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Office Furniture Market:

North America Air Barrier Market:

Oat Fibre Market:

Drywall Market:

Medical Education Market:

Naphtha Market:

Aluminium Market:

Bakery Products Market:

Hops Market:

Generator Sales Market:

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Leave a Reply

Your email address will not be published. Required fields are marked *