"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Glycerol Market Size, Share & Industry Analysis, By Source (Biodiesel, Fatty Alcohols, Fatty Acids), By Application (Personal Care & Pharmaceuticals, Foods & Beverages, Tobacco Humectants, Polyether Polyol, Alkyd Resins, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102927 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Glycerol is a polyol compound that is available in the form of viscous, sweet, colorless, and non-toxic liquid. It is also known as glycerine or glycerin. Naturally, it is available in the form of triglycerides in several plant and animal resources such as soybeans, palm, and tallow. Whereas, synthetically it is obtained from biodiesel, using production processes such as transesterification, hydrolysis, and saponification, which further produces a renewable and clean-burning fuel that can be utilized for industrial purposes. Glycerol is used in various industries such as food & beverages, personal care, pharmaceuticals, and tobacco. The rapidly growing cosmetics industry has led to the increased demand for glycerol market.  


The growth is attributed to its properties such as humectants and solvents, which further increase its demand in gels and ointments. Glycerol acts as an effective moisturizer in cosmetic products and maintains the skin from dryness and dull patches. Humectants help to absorb water in the skin and maintains water balance on an intercellular level, keeps the skin well-nourished and hydrated. Hence, increasing demand for cosmetics products will raise the demand for glycerol.

Up Arrow

Key Market Driver -

Rising demand for glycerol from cosmetics industry to drive the market.

Down Arrow

Key Market Restraint -

High cost of raw materials associated with glycerol to restrain the market growth.


The higher raw material cost of synthetic glycerol, due to increasing demand from pharmaceuticals and food application is anticipated to restrain the glycerol market growth.

Market Segmentation:


Based on source, the glycerol industry is segmented into biodiesel, fatty alcohols, and fatty acids. Based on application, the market is segmented into personal care & pharmaceuticals, foods & beverages, tobacco humectants, polyether polyol, alkyd resins, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:


Some of the key players in the glycerol market includes-


  • Cognis Corporation (U.S.)

  • Sofiprotéol Group (France)

  • Wilmar International (Singapore)

  • Procter & Gamble Chemicals (U.S.)

  • Solvay SA (Belgium)

  • Kuala Lumpur Kepong Berhad (Malaysia)

  • Godrej Industries Ltd. (India)

  • Dow Chemical Company (U.S.)

  • IOI Oleochemical Industries Berhad (Malaysia)

  • Archer Daniel Midland (U.S.)

  • Croda International Plc. (UK)

  • United Coconut Chemicals, Inc. (Philippines)

  • Pacific Oleochemicals Sdn Bhd (Malaysia)

  • Pt Flora Sawita Chemindo (Indonesia)

  • Sakamoto Yakuhin Kogyo Company Ltd. (Japan)

  • Others


Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios of glycerol market 

  • Porters Five Forces Analysis


Regional Analysis:


To gain extensive insights into the market, Request for Customization


The glycerol market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. AsiaPacific accounted for highest revenue share during the forecast period. In which, China and India are the leading contributors, due to increasing use of glycerol in various applicationssuch as tobacco humectants, pharmaceuticals, and foodproducts. Europe is the second-highest contributor in the glycerol market. The growth is due to rising personal care and cosmetics industry. The UK, Italy and France are the leading contributors in this region. In Latin America, the growth is attributed to increasing pharmaceuticals industry. North America is anticipated to witness a substainable growth during the review period, due to rising food & beverages products.

Glycerol Market Segmentation






















 ATTRIBUTE

  DETAILS

By Source

  • Biodiesel

  • Fatty Alcohols

  • Fatty Acids

By Application

  • Personal Care & Pharmaceuticals

  • Foods & Beverages

  • Tobacco Humectants

  • Polyether Polyol

  • Alkyd Resins

  • Others

By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Glycerol Industry Developments



  • In March 2020, ArcticZymes AS introduced dsDNase Triton FREE. This new product will help the company to expand its product portfolio.

  • In April 2019, Merz Pharma introduced Belotero Revive, which contains glycerol and hyaluronic acid. The product is designed to make skincare products, which protect the skin from dryness, and provide aesthetic solutions.

  • In October 2018, EVONIK introduced VISIOMER GLYFOMA, a label-free alternative to methyl methacrylate and styrene. The launch will help the company to strengthen their customer base.





Key Questions Answer REQUEST SAMPLE
Why to Choose Fortune Business Insights SPEAK TO ANALYST
Glycerol Market Report
  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Chemicals & Materials Clients
UBS
Mckinsey
Petronas
3M
GM
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X