“Surging Demand for Bio-Based and Pharmaceutical-Grade Glycerine””
- One of the key trends in the global Glycerine market is the increasing demand for bio-based and pharmaceutical-grade Glycerine. This trend is primarily driven by the rising preference for natural and renewable raw materials across industries such as pharmaceuticals, personal care, and food & beverage.
- For instance, companies such as Cargill Incorporated and Wilmar International are expanding their bio-based Glycerine portfolios to cater to rising demand from cosmetics and pharmaceutical manufacturers seeking safer and more sustainable ingredients.
- The demand for refined, high-purity Glycerine is also increasing due to its growing application in oral care products, cough syrups, and intravenous drugs. As regulatory standards become more stringent regarding ingredient safety and sustainability, manufacturers are focusing on developing USP- and EP-grade Glycerine to meet quality benchmarks.
- Moreover, the biofuel industry's growth is also generating a surplus of crude Glycerine, which is being refined and repurposed for high-value applications, reinforcing a circular economy approach. With industries adopting cleaner and renewable inputs, the demand for bio-based Glycerine is anticipated to strengthen further over the forecast period.
