Global Glycerin Market is expected to reach USD 6,261.75 million by 2024 from USD 3,551.00 million in 2016, at a CAGR of 7.5%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.Access Full Report: http://databridgemarketresearch.com/reports/global-glycerin-market/
The global glycerin market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. The global glycerin market is dominated Kuala Lumpur Kepong Berhad, followed by Kuala Lumpur Kepong Berhad and Archer Daniels Midland Company.
KUALA LUMPUR KEPONG BERHAD:
Founded in 1906 and headquartered in Perak, Malaysia. Kuala Lumpur Kepong Berhad operates in biogas capture plants; crude palm oil extracts, fibre mats, fatty acids, soap noodles, industrial amides, fatty alcohol and methyl esters, palm phytonutrients and other palm derivatives, glycerine, triacetin, special paper chemicals, detergents, auxiliary materials for detergents and cosmetics, alcohol ether sulphates, alcohol sulphates, sulphonic acids, and jams and preserves, as well as basic organic chemicals from agricultural products.
Wilmar International Ltd:
Founded in 1991 and headquartered Singapore. Wilmar International Ltd. is Asia’s leading agribusiness group. Advanced materials company and involves in innovating, developing and delivering high-value, sustainable products and solutions that consume less energy and reduce CO2 emissions, optimize the use of resources and improve the quality of life. The company operates in oil palm cultivation, oilseeds crushing, edible oils refining, sugar, specialty fats, oleochemicals and biodiesel manufacturing and grains processing. Its product range includes basic oleochemicals such as fatty acids, fatty alcohols, methyl esters, glycerin and derivatives such as soap noodles, cosmetic esters, palm waxes, alkyl ketene dimers, acid chlorides, distilled monoglycerides, epichlorohydrin, primary and tertiary amines amongst others.
The company’s operates across the globe and have around 300 plants across the globe.
ARCHER DANIELS MIDLAND COMPANY:
Founded in 1902 and headquartered in Chicago, Illinois, U.S. Archer Daniels Midland Company is among the leading player is agricultural processors and food ingredient sector. The company has four business segment namely agricultural services, corn processing, oilseeds processing, wild flavors and specialty ingredients and other. The company spatiality ingredients segment manufactures and sells wide range of glycerin products.
The company has its operations across North America, European countries and Asia-Pacific region. The company’s subsidiary are Wild Flavors, American River Transportation Company, Toepfer International, Archer Daniels Midland, Hamburg AG, Wild, Specialty Commodities Inc., MINMETAL S.A., ADM Investor Services, Inc. and among others.