Global Glycerin Market, By Process (Transesterification, Saponification, Fat Splitting), Source (Vegetable Oils, Biodiesel, Soaps, Synthetic, Fatty Acid, Fatty Alcohol, Others), Grade (Technical Grade, Pharmaceutical Grade), Application (Industrial Application, Chemical Intermediate), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The glycerin market is expected to witness market growth at a rate of 4.55% in the forecast period of 2021 to 2028. Data Bridge Market Research report on glycerin market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for beauty products is escalating the growth of glycerin market.
Glycerin can be referred to as an organic compound that is made of carbon, oxygen and hydrogen. It is clear, colorless, sweet-tasting and dense fluid that is freezing into a gummy paste with an high boiling point. Glycerin may be dissolved into alcohol or water, but not in oils.
Major factors that are expected to boost the growth of the glycerin market in the forecast period are the rise in the demand for glycerin across several end-use industries. Furthermore, the increase in the need for biodiesel is further anticipated to propel the growth of the glycerin market. Moreover, the replacement potential for propylene glycol and sorbitol in their applications is further estimated to cushion the growth of the glycerin market. On the other hand, the oversupply of glycerin and low profitability is further projected to impede the growth of the glycerin market in the timeline period.
In addition, the of development of newer applications will further provide potential opportunities for the growth of the glycerin market in the coming years. However, the rise in the price of the refining process might further challenge the growth of the glycerin market in the near future.
This glycerin market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on glycerin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Glycerin Market Scope and Market Size
The glycerin market is segmented on the basis of process, source and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of process, the glycerin market is segmented into transesterification, saponification and fat splitting. Transesterification is further sub segmented into acid catalyzed transesterification, base catalyzed transesterification and enzymatic catalyzed transesterification.
- On the basis of source, the glycerin market is segmented into vegetable oils, biodiesel, soaps, synthetic, fatty acid, fatty alcohol and others.
- On the basis of application, the glycerin market is segmented into industrial application, chemical intermediate. Industrial application is further sub segmented into pharmaceuticals and healthcare, food and beverages, personal care, automotive, polyether polyols, alkyd resins, tobacco and other applications. Chemical intermediate is further sub segmented into propylene glycol, epichlorohydrin, 1,3 propanediol, acrolein, glycerol carbonate, glycol substitute and others.
Glycerin Market Country Level Analysis
The glycerin market is analysed and market size, volume information is provided by country, process, source and application as referenced above.
The countries covered in the glycerin market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominate the glycerin market due to the rise in the consumer spending. Furthermore, the increase in the adoption of healthy lifestyle and the development of end-use industries such as pharmaceutical, nutraceutical, personal care, and cosmetics will further boost the growth of the glycerin market in the region during the forecast period. Europe is projected to observe significant amount of growth in the glycerin market due to the rise in the need from pharmaceuticals, and food and beverages. Moreover, the increase in the need for the product is observed from the sectors is further anticipated to propel the growth of the glycerin market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glycerin Market Share Analysis
The glycerin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glycerin market.
The major players covered in the glycerin market report are Emery Oleochemicals, IOI Oleo GmbH, Wilmar International Ltd, Kuala Lumpur Kepong Berhad, Godrej Industries Limited, Croda International Plc, Cargill, Incorporated, Procter & Gamble, Kao Corporation, Avril Group, Dow, CREMER OLEO GmbH & Co. KG, PT SMART Tbk., Vitusa Products, Inc., PT. Bakrie Sumatera Plantations tbk., Twin Rivers Technologies, Inc., Pacific Oleochemicals Sdn Bhd, PT. Sumi Asih, Sakamoto Yakuhin kogyo Co., Ltd., PT. CISADANE RAYA CHEMICALS., Timur OleoChemicals among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Glycerin Market
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