Press release
Glycerol Market to increase rapidly by 2022 | United Coconut Chemicals, Incorporated, Wilmar International, Procter and Gamble Chemicals, Dow Chemical Company, Kao Corporation, Solvay S.A, Twin Rivers Technologies, Pacific Oleochemicals Sdn Bhd, Godrej Gr
Glycerol holds potential as a synthetic stage for the inexhaustible generation of chemicals. It acts as an eco-friendly and economical substitute. Propylene Glycol, Epichlorohydrin, and 1-3 propanediol are couple of chemicals that have experienced procedures of being fabricated from glycerols.Competitive Insights:
The Global Glycerol Market contains several major companies such as United Coconut Chemicals, Incorporated, Wilmar International, Procter and Gamble Chemicals, Dow Chemical Company, Kao Corporation, Solvay S.A, Twin Rivers Technologies, Pacific Oleochemicals Sdn Bhd, Godrej Group, Henkel North American Consumer Goods, Emery Oleochemicals, Sakamoto Yakuhin Kogyo Company Ltd, Archer Daniels Midland, Vitusa Products Inc and Croda International.
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The global glycerol market is segmented as follows-
By Source-
Fatty alcohols
Biodiesel
Fatty acids
Soap industry
By Application-
Polyether polyols
Personal care & pharmaceuticals
Tobacco humectants
Foods & beverages
Alkyd Resins
Others
Regional segment Analysis:
North America: U.S, Canada, Mexico
Europe: Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific: Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World: Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
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Industry Outlook and Trend Analysis:
The glycerol market was valued around USD 1.89 billion in 2014 and is expected to reach roughly USD 3.07 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 5.44% during the forecast period. Glycerol is a sweet, thick, colorless sugar polyol compound showing hygroscopic and solvent properties. It is also known as glycerin and it is an essential constituent of all the triglycerides. Glycerol can be natural or synthetic relying upon the raw materials utilized for its manufacturing. Some of the glycerol manufacturing procedures include hydrolysis, transesterification, and saponification. Glycerol contains high nutrition values and excellent non-toxicity that makes it widely useful in various consumer products. It is utilized in various applications such as to antifreeze chemicals and explosives, food sweeteners and preservatives, widely relying on its chemical features. Prevailing applications of biofuels and rising requirement of oleochemicals are anticipated to boost the growth of this market. It is potential as a stage synthetic for inexhaustible chemicals generation hold scope as interchange alternatives are investigated for efficient plausibility. However, unstable supply of feedstock may hamper the growth of this market. Low edges for refining procedures may additionally prevent the market development.
Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Glycerol Market, By Source
4.1.Introduction
4.2.Glycerol Market Assessment and Forecast, By Source, 2014-2022
4.3.Fatty alcohols
4.3.1. Market Assessment and Forecast, By Region, 2014-2022 ($Million)
4.4.Biodiesel
4.4.1. Market Assessment and Forecast, By Region, 2014-2022 ($Million)
4.5.Fatty acids
4.5.1. Market Assessment and Forecast, By Region, 2014-2022 ($Million)
4.6.Soap industry
4.6.1. Market Assessment and Forecast, By Region, 2014-2022 ($Million)
5.Glycerol Market, By Application
5.1.Introduction
5.2.Glycerol Market Assessment and Forecast, By Application, 2014-2022
5.3.Polyether polyols
5.3.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)
5.4.Personal care & pharmaceuticals
5.4.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)
5.5.Tobacco humectants
5.5.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)
5.6.Foods & beverages
5.6.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)
5.7.Alkyd Resins
5.7.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)
5.8.Other Applications
5.8.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)
6.Glycerol Market, By Region
7.Company Profiles
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The dominant application segment for the global glycerol market is personal care. Due to its healing properties and nutritive value, glycerol is widely utilized in several skin care products. Additionally, its aperient and sweet tasting characteristics make it useful in a number of health products. The developing paints and coatings industry additionally demands glycerol contribution to the type of alkyd saps as feedstock. The application segment of polyether polyols has also been developing with the growing usage of sweeteners that are low in calorie for products like chewing gums. Other applications in which glycerol is utilized include explosive production, food preserving, tobacco humectants, perfume production and pharmaceuticals.
List of Figures:
Figure 1.Glycerol Market Share, By Source, 2014 & 2022 ($Million)
Figure 2.Glycerol Market, By Application, 2014 & 2022 ($Million)
Figure 3.Glycerol Market, By Region, 2016, ($Million)
Figure 4.Solvay S.A.: Net Revenues, 2014-2016 ($Million)
Figure 5.Solvay S.A.: Net Revenue Share, By Segment, 2016
Figure 6.Solvay S.A.: Net Revenue Share, By Geography, 2016
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