Glycerin Market Report 2022-2027, Size, Share, Trends, Demand and Forecast Analysis
IMARC Group’s latest research report, titled “Glycerin Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global glycerin market reached a value of US$ 1.86 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.62 Billion by 2027, exhibiting a CAGR of 5.70% during 2022-2027.
Glycerin is trihydric alcohol
extracted from vegetable oils and animal fats. It is a thick, colorless,
transparent, odorless liquid that is sweet-tasting and non-toxic. It also
hydrates the outermost layer of the skin and has various antimicrobial
properties that protect it from external pollutants while accelerating the
wound-healing processes. Owing to these properties, it is extensively utilized
in formulating numerous skincare products.
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Important Attribute and
highlights of the Report:
§ Detailed analysis of the global
market share
§ Market Segmentation by process,
grade, source, application and region.
§ Historical, current, and
projected size of the market in terms of volume and value
§ Latest industry trends and
developments
§ Competitive Landscape for glycerin
market
§ Strategies of major players and
product offerings
The market is primarily driven by the rising utilization of glycerin in hand sanitizers, soaps, and hand washes due to the recent outbreak of the coronavirus (COVID-19) disease pandemic. In addition, the rising product adoption in the personal care industry as a fragrance ingredient and hair conditioning, viscosity decreasing, and oral care agent represents another major growth-inducing factor. Besides this, glycerin finds extensive applications in the food and beverage (F&B) industry due to its ability to function as a solvent, sweetener, humectant, and preservative. This, coupled with the increasing product utilization in the paints and coatings industry as a polymer building block to manufacture alkyd resins and polyurethanes, is positively influencing the market growth. Moreover, the expanding pharmaceutical industry and the escalating demand for biodiesel are also propelling the market growth.
Key Players Included in Global
Research Report:
- Archer-Daniels-Midland
Company
- Avril
Group
- BASF
SE
- Cargill
Incorporated
- Croda
International PLC
- Emery
Oleochemicals (PTT Global Chemical Public Company Limited)
- Godrej
Industries Limited
- IOI
Corporation Berhad
- Kao
Corporation
- Kuala
Lumpur Kepong Berhad
- Louis
Dreyfus Company B.V.
- The
Procter & Gamble Company
- Wilmar
International Limited.
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to our analyst at- https://www.imarcgroup.com/glycerin-market
COVID-19 Impact Overview:
We
are regularly tracking the direct effect of COVID-19 on the market, along with
the indirect influence of associated industries. These observations will be
integrated into the report.
Market
Segmentation:
Breakup
by Process:
- Transesterification
- Saponification
- Fat Splitting
Breakup
by Grade:
- USP Grade
- Technical Grade
Breakup
by Source:
- Biodiesels
- Fatty Acids
- Others
Breakup
by Application:
- Pharmaceuticals
- Food and Beverages
- Personal Care and Cosmetics
- Industrial Chemicals
- Others
Breakup
by Region:
- North America: (United States,
Canada)
- Asia Pacific: (China, Japan, India,
South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United
Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,
Others)
- Middle East and Africa
TOC
for the Glycerin Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Glycerin Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
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market research worldwide. We partner with clients in all sectors and regions
to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
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information products include major market, scientific, economic and
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and high technology organizations. Market forecasts and industry analysis for
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and tourism, nanotechnology and novel processing methods are at the top of the
company’s expertise.
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