Product Code: RP-ID-10328097 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Industrial Automation & Equipment |
Report ID: 10328097
Market Overview:
Global Glycerin Market Size study, by Process (Transesterification, Saponification, and Fat Splitting), By Source (Vegetable Oils, Biodiesel, Soaps, and Synthetic), By Grade (Technical Grade, and Pharmaceutical Grade), By Application (Industrial, and Chemical Intermediate), and Regional Forecasts 2020-2027
Global Glycerin Market is valued approximately at USD XX million in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Glycerin is a popular humectant used in numerous end-use industries, including Personal Care, Pharmaceuticals, Chemical and Manufacturing, among others. Global glycerin manufacturers deliver glycerin either in a crude form or in a refined form, both of which differ in terms of purity. In addition, the availability of glycerin in both the Pharma & Food grade and the Technical grade broadens its range of applications. Rising demand for sustainable fuels in Europe and North America, along with an increasing preference for bio-renewable chemicals, has steadily increased the use of biodiesel. This increase in demand is further attributed to growing concerns about global climate change, stable energy and fluctuating crude oil prices, which are expected to increase the demand for biodiesel, which will increase the demand for glycerin during the forecast period. Furthermore, Glycerin is mainly used in cosmetics and personal care products to improve the smoothness and moisture content of the skin. It is found in facial moisturizer, body lotion, sunscreen, makeup, hair care, facial treatment, shaving cream, etc. It serves as a moisturizing agent that avoids premature moisture loss from cosmetic items and has a cooling impact on the face. Growing awareness of skin challenges, the need to maintain even skin tone, the demand for anti-aging skin cosmetics and the desire to look beautiful and young is driving product sales, allowing deeper penetration and expansion into newer markets.
The regional analysis of global Glycerin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asian Pacific Glycerin market would see strong growth during the forecast period due to the rising demand for personal care items. Increasing product demand from chemical intermediate manufacturers in the region, along with increasing demand for glycerin as a chemical platform, in particular in China, will boost overall regional demand for glycerin.
Major market player included in this report are:
Emery Oleochemicals
IOI Oleochemicals
Wilmar International Ltd.
Kuala Lumpur Kepong Berhad
Godrej Industries
Croda International PLC
Cargill Incorporated
P&G Chemicals
KAO Corporation
Avril Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Process:
Transesterification
Saponification
Fat Splitting
By Source:
Vegetable Oils
Biodiesel
Soaps
Synthetic
By Grade:
Technical Grade
Pharmaceutical Grade
By Application:
Industrial
Chemical Intermediate
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Glycerin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Related Reports
Proof of Quality & Reliability
