Glycerin Price Chart and Forecast Analysis | Provided by Procurement Resource

Product Name - Glycerin

Molecular Weight - 92.09 g/mol

Chemical Formula - C3H8O3

Synonyms - Propanetriol, Osmoglyn, 1,2,3-trihydroxypropane, Polyglycerine, Grocolene, Glysanin, Glyrol

Currency - US$ (Data can also be provided in local currency)

Supplier Database Availability - Yes

Customization Scope - Our services can be customized as per the requirements of the customer

Post-Sale Analyst Support - 360-degree analyst support after service delivery

Region/Countries for which Data is available

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco

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Glycerin is a simple triol compound. It is a bit sweet in taste sweet-tasting, and is colourless, odourless and , viscousa viscous liquid. The chemical formula of glycerin is C3H8O3. Glycerin is frequently utilised in FDA-approved wound and burn therapies due to its antibacterial and antiviral characteristic sowing to its property imparting antibacterial and antiviral characteristic to itself. On the other hand, glycerine can also be utilised as a medium to promote the growth of for bacterial growth and bacteria and also as a strongreliable indicator indicator to gauge any of liver illness. Additionally, it is frequently employed as a humectant in medicinal formulations and as a sweetener in the food industry. Glycerin is a hygroscopic substance that is miscible with water due to its three hydroxyl groups.

The exporting countries in the market of glycerin are Germany, Indonesia, Argentina, and the Netherlands. Contrastingly, Whereas the leading importers are China, the United States, Russia, and Japan.

Key Details About the Glycerin Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Glycerin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Glycerin Price Trend: https://www.procurementresource.com/resource-center/glycerin-price-trends

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Glycerin price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impact Glycerin Price Trend:

The industrial uses that are impacting the Glycerin price trend are a thickening agent in cosmetics and food, paint, and paper. Glycerin also finds its application in soaps and pharmaceuticals. Its major application is sensed in the personal care and cosmetics industry.

Key Market Players:

BASF SE
Emery Oleochemicals
Wilmar International
Godrej Industries
Cargill Incorporated
P&G Chemicals
Kao Corporation
Avril Group
Vitusa Products Inc.
Twin Rivers Technologies
Timur Oleochemicals
Archer Daniels Midland Company
Croda International Plc
IOI Group
The Dow Chemical Company

News and Events:

October 2021: A new 110,000 metric tonne (MT) per year oleochemical factory in Prai, Penang, with a capital investment of MYR 220 million, has been announced by IOI Corporation Berhad. The main raw materials for personal care and cosmetic products are glycerine and fatty acids based on palm and palm kernels. These products are primarily catered for by the new plant. The building of the plant is anticipated to be finished by the second quarter of 2022.

July 2021: An initiative to create improved bio-propanol from glycerin was recently initiated by ENI and BASF. Glycerine was changed into propanol using the new technology.

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This release was published on openPR.