10-02-2018 02:42 PM CET - Health & Medicine
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Glycerin Market Outlook to 2025 - Kuala Lumpur Kepong Berhad, Archer Daniels Midland Company, Wilmar International, Solvay, Croda, Procter & Gamble, Cargill, The Dow Chemical Company, Kao Corporation, Avril , Godrej Group, IOI Corporation Berhad

Press release from: Data Bridge Market Research
Glycerin
Glycerin
materials business. This report includes a study of mercantilism and development strategies, in conjunction with the merchandise portfolios of the leading corporations. It to boot includes profiles of leading corporations and kinds that unit driving the market with their recent developments, product launches, joint ventures, merges, and accusations. Glycerin business SOWT analysis is utilized to go looking out the market drivers and restrains. Global Market is expected to reach 6,261.75 thousand metric tons by 2024 from 3,551.00 thousand metric tons in 2017, at a CAGR of 7.5%.


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Forecasting Global and Regional Analysis on Glycerin Market By Grade (Refined glycerine{ CP, IP, USP, IW }, Crude glycerine{ CGS, CGA }, Natural glycerine, Blonde glycerin), By Source (Biodiesel, Fatty acid, Fatty alcohol, Soap, Vegetable oils, Synthetic, Others), By Application (personal care, food & beverage, healthcare & pharmaceuticals, oral care, alkyd resins, tobacco humectants, others), By downstream (Propanediol, Propylene glycol, Epichlorohydrin, Others) and By Geography. Global glycerin market is dominated Kuala Lumpur Kepong Berhad, followed by Wilmar International Ltd, Archer Daniels Midland Company, among others.

Some of the major players operating in this market are:-

· Croda International Plc,

· Procter & Gamble,

· Kao Corporation,

· The Dow Chemical Company,

· Godrej Industries Ltd.,

· Emery Oleochemicals,

· Sakamoto Yakuhin kogyo Co. Ltd.,

· Solvay, among others

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. On the other hand, availability of substitutes and low profitability may hinder the growth of the market.

· 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%.

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Key Drivers: Global Glycerin Market

· 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.

Market Segmentation: Global Glycerin Market

· The Global glycerin market is segmented on the basis of grade, source, application and downstream. On the basis of grade, the glycerin market is segmented into ;

· Refined glycerin

· Crude glycerin

· Natural glycerin

· 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 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 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.


Reasons to Purchase this Report

· Current and future of the global glycerin market outlook in the developed and emerging markets

· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

· Regions/countries that are expected to witness the fastest growth rates during the forecast period

· The latest glycerin developments, market shares, and strategies that are employed by the major market players


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Customization of the Report

· The report includes the complete segmentation displayed above across all above mentioned countries

· All products covered in the glycerin market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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