Press release
Glycidol market in Europe to hit US$35 million by 2026 | Players like HBCChem, Meryer, Acros Organics, FUJIFILM, Hangzhou Dayangchem, Nacalai Tesque, LGC
Europe is considered to be a lucrative glycidol market developers. It is estimated that the regional market could surpass USD 35 million within the analysis period. This growth can be attributed to the shifting trends among locals towards personal grooming. The European cosmetics and personal care industry is experiencing heavy demand given to this trend. Reports indicate that, earlier in 2019, the regional personal care and cosmetic market was valued at USD 94.46 billion.Growing awareness over the benefits of personal hygiene and health, especially during the ongoing COVID-19 pandemic, could boost the demand for disinfectants and laundry. In addition to this, its rising usage in surface active compounds like moisturizers, shampoos and skin creams could enhance product demand. Based on such aspects, Global Market Insights, Inc., estimates that the glycidol market might reach USD 180.52 million by the year 2026.
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Growing applications of glycidol in manufacturing biocides and pharmaceutical drugs might enhance the glycidol market outlook over the forthcoming years. Surging incidence of healthcare-associated infections along with the growing demand for antiseptics to cure infections in damaged skin and mucous membranes might drive the adoption of biocides. Estimates suggest that the biocides segment could touch USD 5.5 million by the end of the forecast period of 2026.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. HBCChem
2. Meryer (Shanghai) Chemical Technology
3. Acros Organics
4. FUJIFILM WAKO PURE CHEMICAL CORPORATION
5. KANTO CHEMICAL CO. INC.
6. Hangzhou Dayangchem
7. Nacalai Tesque
In terms of distribution channels, the glycidol market is mainly divided into online and offline channels. Out of these, the online distribution channel is gaining tremendous traction as more consumers opt for online platforms to buy glycidol-based products. Convenient features like simplified purchasing systems and the ability to compare prices of various products are making online platforms more preferable than offline stores. As a result, numerous distributors are registering themselves on these e-commerce sites to provide a rich shopping experience to customers.
Browse complete summary of this research report @ https://www.gminsights.com/industry-analysis/global-glycidol-market
Companies operating in the glycidol market are looking to form strategic alliances with multiple players and companies from different sectors to enhance their product portfolio and manufacturing capabilities. Additionally, companies are also undertaking inorganic business strategies like acquisitions and mergers to improve their market share.
Taking February 2018 for instance, Green Lizard Technologies (GLT) joined forces with Felda Global Ventures and Dixie Chemicals to develop eco-friendly glycidol with the help of unpurified waste glycerol and dimethyl carbonate.
Currently, companies like HBCChem, Meryer (Shanghai) Chemical Technology, Fujifilm Wako Pure Chemical Corporation, Nacalai Tesque, Kanto Chemical Co, LGC Group and Acros Organics are leading the industry landscape with their pioneering product offerings.
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Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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