A recent study by Fact.MR, a market research and competitive intelligence provider, estimates the global pentylene glycol market will reach a valuation of USD 1,650.5 million in 2023, with a projected growth rate of 4.2% CAGR from 2023 to 2033.

Pentylene glycol, known for its superior moisturizing and antimicrobial properties, has become a sought-after ingredient in skincare and haircare products. Its multifunctional nature and compatibility with various cosmetic ingredients make it invaluable to formulators aiming to create premium-quality products. With the skincare market anticipated to reach USD 155.7 billion in 2023 and haircare valued at USD 88.7 billion in 2022, the growth outlook for pentylene glycol remains highly positive.

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Pentylene glycol, a versatile organic compound, is a crucial ingredient in products across diverse industries beyond cosmetics and personal care, including pharmaceuticals, construction, and industrial solvents. Its outstanding properties—such as high solubility, moisturizing benefits, and antimicrobial effectiveness—make it highly desirable for manufacturers in these sectors.

Key Takeaways from Market Study

  • The global pentylene glycol market is anticipated to grow at a CAGR of 4.2%, reaching USD 2,490.6 million by 2033. In 2022, the market was valued at USD 1,584.0 million, following a growth rate of 3.8% CAGR from 2018 to 2022.
  • North America is a key region, projected to account for approximately 37% of the market share. Meanwhile, the cosmetics and personal care sector is expected to represent 27.8% of the market share in 2023.
  • Leading companies in the pentylene glycol market include Ashland Global Holdings Inc., BASF SE, Dow Chemical Company, Evonik Industries AG, INEOS Capital Limited, and INOLEX Inc.

“Thriving Growth of Personal Care Industry to ensure Stabilized Revenue Streams for Pentylene Glycol Producers during Assessment Period” says a Fact.MR analyst.

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Market Growth Stratagems

Manufacturers in the pentylene glycol market are implementing robust expansion strategies to increase their market share and capture new opportunities. A significant focus is on intensive research and development initiatives to drive innovation and broaden pentylene glycol's applications. By discovering new uses and added benefits, these manufacturers are able to access multiple industries, drawing in a diverse customer base.

Key players are investing heavily in R&D to stay ahead of market trends and explore innovative applications that meet evolving demands. For example, Symrise introduced Hydrolite 5, a sustainable, multi-functional cosmetic ingredient line from renewable sources. Similarly, Evonik and Dow developed an industrial-scale direct synthesis of propylene glycol from propylene and hydrogen peroxide, showcasing the industry’s commitment to sustainable advancements.

For instance,

  • Symrise developed and unveiled Hydrolite 5P— a multifunctional excipient suitable for pharmaceutical applications.

Key Companies Profiled

  • Ashland Global Holdings Inc.
  • BASF SE
  • Dow Chemical Company
  • Evonik Industries AG
  • INEOS Capital Limited
  • INOLEX Inc

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Why United States’ Pentylene Glycol Market is flourishing?

The thriving personal care and cosmetics market in the United States is a major driver of the pentylene glycol market. The growing demand for chemicals like pentylene glycol stems from a large consumer base that prioritizes skincare and beauty products. Its exceptional moisturizing and antibacterial properties make it a highly sought-after ingredient for formulators and manufacturers in this sector.

The U.S., recognized for its innovative and technologically advanced industries, offers a favorable environment for pentylene glycol producers to leverage these capabilities. By harnessing their innovative expertise, these companies lead the development of new formulations and applications, effectively addressing the evolving needs across various sectors. They emphasize continuous research and development to foster product innovation, ultimately attracting customers and driving market growth.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the pentylene glycol market, presenting historical market data (2018–2022) and forecast statistics for the period of 2023–2033.

The study reveals essential insights on the basis of the function (moisturizing agent, moisturizing agent, and solvent), and end-use industry (cosmetics and personal care, pharmaceuticals, food processing, paints and coatings, adhesives production, chemical processing, and others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa)

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