- Glycerine, also known as glycerol, is a polyol compound widely used for its humectant, solvent, and sweetening properties. It plays a critical role in manufacturing processes across a range of industries including healthcare, cosmetics, food & beverages, and chemicals.
- The market is witnessing strong growth due to rising health and hygiene consciousness, growing demand for plant-based ingredients, and increasing use in bio-based chemical manufacturing.
- The refined Glycerine segment is expected to dominate the market, accounting for over 62.75% of the market share, driven by its high purity and widespread application in pharmaceutical and personal care formulations.
- Vegetable oil-based Glycerine is projected to lead the market by source, owing to the rising trend of natural and sustainable ingredients in food, cosmetics, and healthcare sectors.
- The personal care & cosmetics application segment is anticipated to maintain its dominance with over 33.40% market share due to its moisturizing, emulsifying, and skin-conditioning properties, widely used in creams, lotions, and oral care products.
- Asia-Pacific is expected to dominate the Glycerine market with a share of 38.91%, supported by abundant availability of raw materials, growing population, and robust demand across personal care, food, and pharmaceutical sectors.
- North America is projected to be the fastest-growing region during the forecast period, driven by rising demand for natural ingredients, expanding pharmaceutical and food manufacturing, and favorable regulatory standards encouraging bio-based chemical adoption.
