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Global Propyl Gallate Market: By Function: Antioxidant, Anti-Quenching Agents, Adhesives, Lubricating Agents, Additives, Others; By End Use: Pharmaceuticals, Food and Beverage, Animal Feed, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Propyl Gallate Market Outlook
The global propyl gallate market is expected to grow at a CAGR of 5.6% in the forecast period of 2022-2027.
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The Asia Pacific Presents Significant Growth Opportunities for the Propyl Gallate Industry
Region-wise, the Asia Pacific region is a significant market for propyl gallate and is expected to experience substantial growth in the forecast period owing to the growing self-awareness, rising urban population, and personal health consciousness, in conjunction with an increasing consumption of processed and packaged food. Matured markets such as North America and Europe, are expected to be the favourable markets for propyl gallate due to the growing inclination towards the consumption of packaged and processed food products and cosmetics and personal care products. However, the market growth in the regions might suffer in the forecast period as there is a rising demand for bio-based products in Europe and North America regions. Within Latin America and the Middle East and Africa, the market is predicted to witness a healthy growth owing to the substantial growth opportunities in these regions. The market within these regions is further aided the changing demographics resulting in the increased demand for packaged food and personal care products.
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Propyl Gallate: Market Segmentation
Propyl gallate is an organic compound that belongs to the ester family. It is a white crystalline powder and is soluble in various organic compounds. It is mostly used as an antioxidant to prevent oxidation and stabilise animal feed, food, and food packaging products. The product is also used as an antioxidant in several cosmetics and personal care products like grooming products, toothpaste, and other personal care products.
On the basis of function, the market is divided into:
- Antioxidant
- Anti-Quenching Agents
- Adhesives
- Lubricating Agents
- Additives
- Others
Based on end use, the industry can be segmented into:
- Pharmaceuticals
- Food and Beverage
- Animal Feed
- Cosmetics and Personal Care
- Oil and Gas
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the Pharmaceutical Industry to Aid the Global Market Growth of Propyl Gallate
The market growth for propyl gallate is being driven by the accelerated growth of the food and beverage industry and the pharmaceutical industry. The market is further being aided by the rising population and changing lifestyles, which has resulted in the change in food preferences and eating habits. The adoption of busier lifestyles and changing demographics, along with the rising urban population, has provided an impetus to the consumption of packaged food products. Thereby enhancing the propyl gallate industry growth.
Key Industry Players in the Global Propyl Gallate Market
The report gives a detailed analysis of the following key players in the global propyl gallate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Impextraco NV
- Leshan Sanjiang Bio-tech Co., Ltd.
- Rexler
- Gallochem Co., Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Function, End Use, Region |
| Breakup by Function | Antioxidant, Anti-Quenching Agents, Adhesives, Lubricating Agents, Additives, Others |
| Breakup by End Use | Pharmaceuticals, Food and Beverage, Animal Feed, Cosmetics and Personal Care, Oil and Gas, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, Gallochem Co., Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Propyl Gallate Market Analysis
8.1 Key Industry Highlights
8.2 Global Propyl Gallate Historical Market (2017-2021)
8.3 Global Propyl Gallate Market Forecast (2022-2027)
8.4 Global Propyl Gallate Market by Function
8.4.1 Antioxidant
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Anti-Quenching Agents
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Adhesives
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Lubricating Agents
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Additives
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Others
8.5 Global Propyl Gallate Market by End Use
8.5.1 Pharmaceuticals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Food and Beverage
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Animal Feed
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Cosmetics and Personal Care
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Oil and Gas
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Others
8.6 Global Propyl Gallate Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Impextraco NV
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Leshan Sanjiang Bio-tech Co., Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Rexler
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Gallochem Co., Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Propyl Gallate Market: Key Industry Highlights, 2016 and 2026
2. Global Propyl Gallate Historical Market: Breakup by Function (USD Billion), 2017-2021
3. Global Propyl Gallate Market Forecast: Breakup by Function (USD Billion), 2022-2027
4. Global Propyl Gallate Historical Market: Breakup by End Use (USD Billion), 2017-2021
5. Global Propyl Gallate Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6. Global Propyl Gallate Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Propyl Gallate Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. North America Historical Price Trends and Forecast 2017-2027
19. Europe Historical Price Trends and Forecast 2017-2027
20. Asia Pacific Historical Price Trends and Forecast 2017-2027
21. Latin America Historical Price Trends and Forecast 2017-2027
22. Middle East and Africa Historical Price Trends and Forecast 2017-2027
23. Global Propyl Gallate Market Structure
Key Questions Answered in the Report
The global propyl gallate market is projected to grow at a CAGR of 5.6% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, the growing urban population, rising food and beverage and the pharmaceutical industries, changing lifestyles, and changing food preferences and eating habits, are expected to aid the market growth.
The key market trends guiding the growth of the market include the rising consumption of processed and packaged food and growing demand from the personal care industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading functions of propyl gallate in the market are antioxidant, anti-quenching agents, adhesives, lubricating agents, and additives, among others.
The major end use sectors in the industry are pharmaceuticals, food and beverage, animal feed, cosmetics and personal care, and oil and gas, among others.
The major players in the industry are Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, and Gallochem Co., Ltd., among others.
Analyst Review
The global propyl gallate market is being driven by the rising demand from the food industry. Aided by the growing pharmaceutical industry, the market is expected to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 5.6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on function, the market is segmented into antioxidant, anti-quenching agents, adhesives, lubricating agents, and additives, among others. By end use, the industry is divided into pharmaceuticals, food and beverage, animal feed, cosmetics and personal care, and oil and gas, among others. The major regional markets for propyl gallate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, and Gallochem Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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