openPR Logo
Press release

Glycerin Market | Key players operating in the market include Emery Oleochemicals, IOI Oleochemicals, Wilmar International, KLK Berhad, Godrej Industries

08-18-2022 09:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Glycerin Market

Glycerin Market

The global market for Glycerin is projected to reach USD 3.12 billion by 2021, at a CAGR of 6.8% during the forecast period. The global glycerin industry is witnessing growth due to the increasing applications and increasing demand in the Asia-Pacific region, mainly from China, Thailand, Malaysia, and India.

Browse 106 market data tables and 45 figures spread through 151 pages and in-depth TOC on "Glycerin Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/glycerin-market-74363543.html

Growing use of glycerin as a platform chemical due to its easy availability and lower cost is expected to lead to the growth in demand for glycerin over the next few years. High investments are witnessed across industries in R&D to come up with new formulations of chemicals, which can accommodate the cost of these conversion processes and help to generate higher profits.

Fat splitting is expected to witness fastest growth over the next five years. This is a method for producing fatty acids with glycerin as a by-product, whereby the steam molecule breaks fatty acid from its triglyceride molecular structure. Growing preference for natural ingredients in personal & beauty care products among consumers is expected to benefit the growth of glycerin produced through fat splitting or hydrolysis.

Glycerin produced from various plant lipids is called vegetable glycerin. Typical plant oils used to produce glycerin are palm oils, soy oils, coconut oils, and other oils. The growing demand for naturally derived products is expected to benefit the demand for glycerin produced from vegetable oils.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=74363543

Rise in technical grade glycerin in manufacturing various chemicals is expected to benefit the segment. Technical grade glycerin acts as a platform chemical for the production of chemical intermediates. Increased use of chemicals such as 1,3 propanediol, alkyd resins, propylene glycol, and epichlorohydrin in end-use industries such as tobacco, furniture, construction, and paint & coatings are expected to drive the market for technical grade glycerin.

In terms of application, the market for glycerin used in manufacturing chemical intermediates is expected to register the highest growth. Refined glycerin is mostly used in personal care, food & beverages, and pharmaceuticals industries.

The market in the Asia-Pacific region is projected to grow at the fastest CAGR from 2016 to 2021. Increasing demand for glycerin for manufacturing chemical intermediates in emerging countries such as India, China, and Southeast Asian countries is expected to drive the glycerin market. Chemical manufacturing hubs in the region are expected to lead to an increase in demand for glycerin. A steady rise in the consumption of glycerin in personal care and beauty care products has been witnessed in these countries during the past few years.

Request for customization of the report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=74363543

The key players profiled in the report include Emery Oleochemicals (Malaysia), IOI Oleochemicals (Malaysia), KLK Berhad (Malaysia), Wilmar International (Singapore), Godrej Industries (India), Croda International Plc (U.K.), P&G Chemicals (U.S.), Kao Corporation (Japan), Avril Group (France), Cargill Incorporated (U.S.), Cremer (Germany), PT Smart Tbk (Indonesia), Vitusa Products Inc. (U.S.), Pacific Oleochemicals Sdn Bhd (Malaysia), PT Cisadane Raya Chemicals (Indonesia), Sakamoto Yakuhin Kogyo Co., Ltd. (Japan), PT Sumi Asih Oleochemicals Industry (China), Twin Rivers Technologies (U.S.), Olin Corporation (U.S.), PT Bakrie Sumatera Plantations Tbk (Indonesia), Timur Oleochemicals (Malaysia), and Vegetable Vitamin Foods Company Pvt Ltd. (India).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/glycerin.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/glycerin-market.asp

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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 | Key players operating in the market include Emery Oleochemicals, IOI Oleochemicals, Wilmar International, KLK Berhad, Godrej Industries here

News-ID: 2706762 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Glycerin

Glycerin Price Trend: Analysis, Market Insights, and Forecasts
Glycerin, a versatile and essential compound, plays a significant role across several industries, including pharmaceuticals, cosmetics, food processing, and even biodiesel production. Its demand and pricing are highly influenced by global market trends, production costs, and geopolitical factors. Understanding the glycerin price trend is essential for businesses, procurement managers, and analysts to make informed decisions. This article provides a detailed analysis of the glycerin market, including the latest price data,
Glycerin Market Size, Share, Development by 2023
Glycerine is the most commonly used commercial name in the United States for products whose principal component is glycerol, but it is frequently spelled glycerin. More precisely, however, glycerin applies to purified commercial products containing 95% or more of glycerol. Glycerol (CAS registry No. 56-81-5; NIOSH No. MA8050000) refers to the chemical compound 1,2,3-propanetriol, CH2OHCHOHCH2OH, and to the anhydrous content in a glycerine product or in a formulation. Concentration is
Pharmaceutical Grade Glycerin Market 2022 | Detailed Report
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the Pharmaceutical Grade Glycerin market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the report. This report
Glycerin Market Consumer Needs, Trends And Drivers Analysis
Persistence Market Research’s new market research report titled “Glycerin Market: Global Industry Analysis 2013 – 2017 and Forecast, 2018 – 2028”, examines the market and offers critical insights for the duration between 2018 and 2028. As per the insights in the report, the glycerin market is expected to witness robust growth from 2018 to 2026 owing to rising demand for refined form of glycerin from pharmaceutical, personal care, food and
Industrial Glycerin Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Industrial Glycerin market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Industrial Glycerinmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of Industrial Glycerinmarket, market definition, overview, industry opportunities and trends, investment
Lucrative Demand for Glycerin Market By 2019-2027
A leading research firm, Coherent Market Insights added a latest industry report on "Global Glycerin Market"consisting of 110+ pages during the forecast period and Glycerin Market report offers a comprehensive research updates and information related to market growth, demand, opportunities in the global Glycerin Market. The Glycerin Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The report covers the global Glycerin