Press release
Glycerin Market Market Gaining With Healthy Growth Rate And Dominating Players Like Croda, Archer Daniels, Procter & Gamble, Kao Corporation and More With 2018 - 2025 Forecast
Glycerin Market
Global glycerin market is expected to reach 6,261.75 thousand metric tons by 2024 from 3,551.00 thousand metric tons in 2016, at a CAGR of 7.5%.
Get Free Sample PDF of This Research Report: http://databridgemarketresearch.com/request-a-sample/?dbmr=global-glycerin-market
Key Drivers:
The major factors driving the growth of this market are bio-renewable chemicals, growth in biodiesel production and wide range of application in various industrial sectors.
Availability of substitutes and low profitability may hinder the growth of the market..
Key Points:
Global glycerin market is dominated Kuala Lumpur Kepong Berhad, followed by Wilmar International Ltd, Archer Daniels Midland Company, among others.
The global refined glycerin market is expected to reach 3,069.53 thousand metric tons by 2024, from 1,546.95 thousand metric tons in 2016, growing at the highest CAGR of 9.1%.
The global biodiesel market is expected to reach 4,364.55 thousand metric tons by 2024, from 2,323.56 thousand metric tons in 2016, growing at a CAGR of 8.3%.
North American Industry Segmentation:
North America glycerin market is expected to reach 1,355.24 thousand metric tons by 2024 from 756.36 thousand metric tons in 2016, at a CAGR of 7.7% in the forecast period 2017 to 2024. The major factors driving the growth of this market are raising demand for bio-renewable chemicals. The glycerin market in the North America region is leading in U.S.
Europe’s Industry Segmentation:
Europe glycerin market is expected to reach 1,467.61 thousand metric tons by 2024, from 901.95 thousand metric tons in 2016 growing at a CAGR of 6.4% in the forecast period 2017 to 2024. The major factors driving the growth of this market are growth in biodiesel production and wide range of application in various industrial sectors. The glycerin market in the Europe region is leading in Germany.
Asia-Pacific’s Industry Segmentation:
The Asia-Pacific glycerin market is expected to reach 2,791.51 thousand metric tons by 2024, from 1,466.56 thousand metric tons in 2016 growing at a CAGR of 8.5% in the forecast period 2017 to 2024. The major factors driving the growth of this market are bio-renewable chemicals, growth in biodiesel production and wide range of application in various industrial sectors.
Full Report Description Or Requesting TOC, Visit: http://databridgemarketresearch.com/reports/global-glycerin-market
Global Market Segmentation:
The Global glycerin market is segmented on the basis of grade, source, application and downstream. On the basis of grade, the Global glycerin market is segmented into ; refined glycerin, crude glycerin, natural glycerin and blonde glycerin. In 2017, crude glycerin segment is expected to dominate the Global glycerin market with 49.1% market share and is expected to reach 2,783.10 thousand metric tons by 2024, growing with the highest CAGR of 6.0% in the forecast period 2017 to 2024.
On the basis of source the Global glycerin market is segmented into biodiesel, fatty acid, fatty alcohol, soap, vegetable oils, synthetic and others. In 2017, biodiesel is expected to dominate the Global glycerin market with 66.0% market share and is expected to reach 4,364.55 thousand metric tons by 2024, growing with a CAGR of 8.3% in the forecast period 2017 to 2024.
On the basis of application the Global glycerin market is segmented into personal care, food & beverage, healthcare & pharmaceuticals, oral care, alkyd resins, tobacco humectants and others. In 2017, personal care & cosmetic products is expected to dominate the Global glycerin market with 29.4% market share and is expected to reach 2,056.36 thousand metric tons by 2024, growing with a CAGR of 9.2% in the forecast period 2017 to 2024.
On the basis of downstream the Global glycerin market is segmented into Propanediol, Propylene glycol, Epichlorohydrin and others. In 2017, propanediol is expected to dominate the Global glycerin market with 40.6% market share and is expected to reach 2,399.11 thousand metric tons by 2024, growing with a CAGR of 6.6% in the forecast period 2017 to 2024.
Table of Content
1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL GLYCERIN MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
3. MARKET OVERVIEW
3.1. DRIVERS
3.1.1. GROWING PREFERENCE FOR BIO-RENEWABLE CHEMICALS
3.1.2. GROWTH IN BIODIESEL PRODUCTION
3.1.3. WIDE RANGE OF APPLICATION IN VARIOUS INDUSTRIAL SECTORS
3.2. RESTRAINTS
3.2.1. AVAILABILITY OF SUBSTITUTES
3.2.2. LOW PROFITABILITY
3.3. OPPORTUNITIES
3.3.1. RISING AWARENESS OF ENVIRONMENTAL RESPONSIBILITY AND INCREASED FOCUS OF MANUFACTURERS TOWARDS SUSTAINABLE MANUFACTURING TECHNIQUES
3.3.2. GOVERNMENT INITIATIVES TO PROMOTE MANUFACTURING OF BIODIESEL RESULTING IN INCREASED SUPPLY OF GLYCERINE
3.4. CHALLENGES
3.4.1. THE SUPPLY OF GLYCERIN HIGHLY DEPENDS ON THE BIODIESEL PRODUCTION
3.4.2. FLUCTUATIONS IN THE PRICE OF RAW MATERIALS
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL GLYCERIN MARKET, BY GRADE
6.1. OVERVIEW
6.2. CRUDE GLYCERIN
Continue…
Want Full Report? Enquire Here: http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-glycerin-market
About Us
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.
Contact Us
Data Bridge Market Research
Toll Free: +1-888-387-2818
Mail: sopan.gedam@databridgemarketresearch.com
http://databridgemarketresearch.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 Market Gaining With Healthy Growth Rate And Dominating Players Like Croda, Archer Daniels, Procter & Gamble, Kao Corporation and More With 2018 - 2025 Forecast here
News-ID: 1123139 • Views: …
More Releases from Data Bridge Market Research
Vitamin K Market IS growing at a CAGR of 6.8% during the forecast period of 2023 …
Vitamin K Market Analysis and Size
The essential factors contributing to the growth of the market in the forecast period of 2023 to 2020 include growing demand for vitamin supplements, changing dietary patterns, and rising health consciousness.
Data Bridge Market Research analyses that the global vitamin K market, which was USD 841.47 million in 2022, is expected to reach USD 1,410.20 million by 2030, growing at a CAGR of 6.8% during the…
Transformer Oil Market is expected to undergo a CAGR of 7.55% by 2029
Transformer Oil Market Analysis and Size
Transformers are almost everywhere, and every power and distribution transformer is filled with the dielectric insulating fluid, which consists high resistance to electricity and cools the transformer. The "bio based oil" is the highest growing type segment because it has better resistance to fire as compared to other oil over the forecast period. Furthermore, the growth of electric grids in developing economies and the upgradation…
Fatty Alcohols Market is expected to undergo a CAGR of 5.15% by 2029
Fatty Alcohols Market Analysis and Size
The rising demand of hygiene product coupled with growing consumer awareness is anticipated to drive the personal care industry and boost the growth of the fatty alcohols market. Fatty alcohols are used as emollients, emulsifiers and catalytic hydrogenation in cosmetics and beauty products. The "C11-C14 fatty alcohols" is the fastest growing product segment because it is used to produce sodium laureth ether sulphate (SLES), a major foaming agent…
Exclusive Insights on Gusseted Bags Market Latest Trends, Drivers, Strategies an …
An important Gusseted Bags Market research report is produced by taking into account every requirement that organizations need to meet in order to expand successfully. This market report forecasts the market size based on data on major retailer sales, industry growth by upstream and downstream factors, industry advancement, major players, market segments, and application. When creating the reliable Gusseted Bags Market study, the goals of the marketing research are taken into…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
