Glycerol Market is expected to undergo a CAGR of 6.45% during the forecast period 2022 to 2029.
Market Analysis and Insights Glycerol Market
A significant increase in the consumption of low-fat food products represents one of the major factors positively influencing the growth of the glycerol market. Glycerol is formed by biodiesel and is consider as clean-burning fuel across extensive range of end user industries. Also, glycerol is a major component in manufacturing gums and resins, which are further used to produce paints and coatings. Along with, the increase in the use of personal and cosmetic products by consumers with increasing per capita income and lifestyle changes are expected to drive the market's growth rate during the forecast period.
Glycerol is widely used in the pharmaceutical industry to improve taste and smoothness of medicines. Glycerol is added to cough syrups to prevent irritation in throats which leads to coughing. It is also used to maketablets easier to swallow. These are the major factors which increase the demand of glycerol in pharmaceutical sector are expected to boost market growth rate.
There are several benefits of glycerol such as improving athletic performance, constipation and also used for certain skin conditions. It is also used for ear infections, stroke, obesity and many other conditions. Therefore, growing consumer awareness regarding benefits and rising application of Glycerol is expected to create lucrative opportunities for the targeted market in the developing and developed regions.
Glycerol Market Scope
The glycerol market is segmented on the basis of source, type, downstream application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Biodiesel
- Fatty Alcohol
- Fatty Acid
- Soap
Type
- Crude
- Refined
Downstream Application
- Propylene glycol
- Epichlorohydrin
- Acrylic Acid
- 1,3-Propanediol
- Acrylonitrile
End-Use
- Food Beverage
- Pharmaceutical
- Nutraceutical
- Personal Care Cosmetics
- Industrial
- Others
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Glycerol Market Country Level Analysis
The countries covered in the glycerol market report are 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, South Africa, Egypt, Israel, 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.
Competitive Landscape and Glycerol Market Share Analysis
The Glycerol 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 Glycerol Market.
Key Players Glycerol Market
- Procter Gamble (U.S.)
- Solvay (Belgium)
- Unilever (England)
- Estelle Chemicals Pvt. Ltd. (India)
- Dow (U.S.)
- Lonza (Switzerland)
- MOHINI ORGANICS PVT. LTD. (India)
- Sakamoto Yakuhin Kogyo Co., Ltd., (Japan)
- Godrej Industries Limited (India)
- THE HERSHEY COMPANY (U.S.)
- Stepan Company (U.S.)
- Cargill, Incorporated (U.S.)
- The Good Scents Company (U.S.)
- Sakamoto Yakuhin Kogyo Co., Ltd. (Japan)
- Spiga Nord S.p.A. (Italy)
- Parchem fine Specialty Chemicals (U.S.)
- BASF SE (Germany)
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Glycerol Market by Product Procedure type
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BROWSE RELATED REPORTS
Asia-Pacific Polyglycerol Market
Middle East Africa Polyglycerol Market
North Amreica Polyglycerol Market
BROWSE RELATED PRESS RELEASE
https://www.databridgemarketresearch.com/press-release/global-polyglycerol-market
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