Press release
Glycerin Market to Surpass US$ 2,144.2 Mn by 2024
Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/glycerin-market/toc
Key market drivers
Increase in the production of biodiesel, supported by governmental regulations over the mandatory blending of biodiesel has resulted in an increase in the production of biodiesel and an abundant availability of glycerin across the globe. Industrial focus over the utilization of glycerin in novel applications and for biochemical production are the growth driving factors for the global glycerin market. However, fluctuations in supply as well as availability of substitutes is likely to hinder growth of the global glycerin market over the forecast period.
Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/3553
Market highlights
The global glycerin market is segmented on the basis of Grade (Crude Glycerin, Refined Glycerin), Source (Biodiesel, Soap, Fatty Acid & Fatty Alcohol, Others), Application (Pharmaceuticals, Food & Beverage, Alkyd Resins, Personal Care, Industrial Chemicals, Polyether Polyols, Tobacco, Others), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa). In the Grade category, the Refined Glycerin segment is expected to increase 1.5X in terms of value in 2024 as compared to that in 2016 while the Crude Glycerin segment is projected to increase 1.4X in terms of value in 2024 as compared to that in 2016.
Request Report Multiple Chapter @ https://www.persistencemarketresearch.com/multiple-chapter/3553
In the Source category, the Biodiesel segment is estimated to be valued at US$ 854.4 Mn by 2016 end and is expected to reach US$ 1,304.5 Mn by the end of 2024, registering a CAGR of 5.4% over the forecast period. The Fatty acid & Fatty Alcohol segment is estimated to be valued at US$ 429.4 Mn by 2016 end and is expected to reach US$ 660.3 Mn by the end of 2024, expanding at a CAGR of 5.5% over the forecast period.
In the Application category, the Personal Care segment is expected to increase 1.6X during the forecast period, with sales projected to be valued at US$ 702.1 Mn by 2024. In terms of volume, the Food & Beverage segment is estimated to reach 811,264.3 tons by 2016 end and is projected to increase to 1,118,259.9 tons by 2024, exhibiting a CAGR of 4.1% during the forecast period.
Get full report now @ https://www.persistencemarketresearch.com/checkout/3553
Among Regions, sales of glycerin in Asia Pacific is estimated to be valued at US$ 563.6 Mn by 2016 end and is expected to reach US$ 920.6 Mn by the end of 2024, registering a CAGR of 6.3% during 2016–2024. Asia Pacific is expected to emerge as the most attractive market in the global glycerin market by the end of the forecast period. North America is estimated to account for nearly 16.3% share of overall revenue generated from glycerin sales in 2016. Sales of glycerin in North America is estimated to be valued at US$ 230.2 Mn by 2016 end and is expected to reach US$ 338.6 Mn by the end of 2024. Sales revenue in the region is expected to increase at a CAGR of 4.9% over the forecast period.
Vendor highlights
Croda International Plc, Kuala Lumpur Kepong Berhad, Archer Daniels Midland Company, Procter & Gamble Chemicals, Kao Corporation, The Dow Chemical Company, Godrej Industries Ltd., Emery Oleochemicals, and Sakamoto Yakuhin kogyo Co. Ltd. are the market leaders profiled in the global glycerin market report. Development of new applications using low cost glycerin is a key growth strategy adopted by major players in the market.
To Know More Information @ https://www.prnewswire.com/news-releases/global-glycerin-market-is-expected-to-reach-us-21442-mn-by-2024---pmr-595643271.html
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Glycerin Market to Surpass US$ 2,144.2 Mn by 2024 here
News-ID: 1038401 • Views: …
More Releases from Persistence Market Research
Europe Calf Milk Replacer Market to Reach US$1,657.2 Mn by 2032 | Driven by Risi …
The Europe calf milk replacer market is poised for significant growth over the coming years. The market size is projected to reach US$1,018.6 million in 2025 and is anticipated to expand to US$1,657.2 million by 2032, registering a robust compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2032. The growth trajectory is driven by the increasing awareness among dairy farmers regarding the nutritional requirements…
Croscarmellose Sodium Market to Reach $487 Mn by 2032, Driven by Rising Pharma D …
The global croscarmellose sodium market is projected to witness significant expansion over the forecast period, reflecting the growing adoption of pharmaceutical excipients across diverse applications. Valued at approximately US$ 288.7 million in 2025, the market is expected to reach US$ 487.0 million by 2032, registering a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. This growth trajectory is driven primarily by increasing demand for orally disintegrating tablets…
Europe Egg Replacement Ingredients Market to Reach $1,711.1 Mn by 2032, Driven b …
The Europe egg replacement ingredients market is witnessing significant expansion, driven by the increasing adoption of plant-based diets and rising consumer awareness regarding health and wellness. The market size is projected to reach US$ 952.2 million in 2025 and is expected to surge to US$ 1,711.1 million by 2032, registering a robust CAGR of 8.7% over the forecast period from 2025 to 2032. The growing demand for clean-label products, vegan…
Kraft Paper Market to Reach US$ 25.0 Billion by 2032: Growth Driven by Rising De …
The global Kraft Paper market is undergoing significant expansion, driven by the accelerating shift toward eco-friendly packaging materials and the rising global awareness surrounding sustainability. As industries worldwide transition from plastic-based packaging to biodegradable alternatives, kraft paper has emerged as one of the most sought-after materials due to its strength, recyclability, and versatility.
According to the latest study by Persistence Market Research, the global Kraft Paper market size is projected to…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
