According to the research report titled ‘Asia Pacific Methyl Glucose Market By Product (PEG 120 Methyl Glucoside Dioleate, Methyl Glucoside Dioleate, PEG-20 Methyl Glucose Sesquistearate, Methyl Glucose Sesquistearate, PPG-20 Methyl Glucose Ether, PPG-20 Methyl Glucose Ether Distearate, PPG-10 Methyl Glucose Ether, Methyl Glucose Isostearate, Methyl Gluceth-10, Methyl Gluceth-20, PEG-20 Methyl Glucose Trioleate, PEG-120 Methyl Glucose Trioleate) By Form (Liquid, Powder), By Application, Industry Analysis Report, Country Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report, Asia Pacific methyl glucose market is projected to be worth USD 70 million by the year 2025.
 

Trend of premiumization in personal care & beauty sector, and technological advancements in manufacturing of cosmetic ingredients are fueling Asia Pacific methyl glucose industry growth.
 

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Furthermore, factors such as mounting consumer demand for bio-based cosmetic products, favorable revisions in regulations on synthetic cosmetic ingredients, fast developing online distribution channels, and improving customer awareness of product ingredients are positively swaying the industry outlook.
 

Notably, methyl glucose derivatives are extensively used in the beauty & personal care sector owing to their diverse functional use as emollients, surfactants, humectants, thickeners, and emulsifiers. Major applications of the product include creams, shampoos, body wash, skin cleansers, lip care products, eye area skin care products, and color cosmetics.
 

Despite the positive outlook, stringent government regulation, and use of plant-based ingredients in cosmetic formulations are likely to hamper industry progression in the upcoming years.
 

Based on product type classification of Asia Pacific methyl glucose market, PEG 120 methyl glucoside dioleate segment currently captures a substantial revenue share. The product acts as an emulsifier and surfactant in haircare and skincare products. Meanwhile, methyl gluceth-20 product segment is slated to record considerable gains over the forecast timeframe.
 

On the regional front, China accounted for 35% industry share in 2018, triggered by sharp rise in production capacity leading to cost effectiveness, favorable government policies, and presence of well-established export network. Additionally, fast-paced economic growth as well as increasing inclination to spend on premium cosmetic products are also likely to propel market expansion over the forecast period.
 

Major contenders in Asia Pacific methyl glucose marketplace are NOF Corp., KCI Ltd., Lubrizol Corp., Guangzhou Probig Fine Chemical Co. Ltd., Thornley Co. Inc., Evonik Industries AG, Ataman Kimya A.?., SMA Collaboratives LLC, Wuhan Fortuna Chemical Co. Ltd., Hangzhou TIM Chemicals Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Kalichem s.r.l., Foshan Hytop New Material Co. Ltd., and Xi'an Health Biochemical Technology Co. Ltd. among others.