Glycine Market 2023: Analysis by Industry Growth Rate at a CAGR of 3.1% with Future Dynamics and Innovative Strategies by 2029 | Henan HDF Chemical, Newtrend Group, Evonik, Chattem Chemicals

Los Angeles, (United States) - The global Glycine revenue was US$ 1461 million in 2022 and is forecast to a readjusted size of US$ 1644.5 million by 2029 with a CAGR of 3.1% during the forecast period (2023-2029). It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The report focuses on the major players that are in operation within the market and their competitive landscape present in the market. The report includes an inventory of initiatives taken by the businesses within the past years. The report has mentioned growth parameters in the regional markets along with major players dominating the regional growth such as North America, Europe, China, Japan, Southeast Asia and India.

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Glycine is an organic compound and is known as the smallest of the 20 amino acids, which are found in proteins. It is the only amino acid that does not form an L or D optical rotation. It is a colorless, sweet-tasting crystalline solid.

Global glycine key players include Shijiazhuang Donghua Jinlong Chemical, Hebei Donghua Jiheng Chemical and Hubei Xingfa Chemicals Group. Global top three manufacturers hold a share about 73%. The global origins are mainly located in North America, China, Japan, India and Southeast Asia. In terms of product, glycine-tech Grade is the largest segment, with a share about 55%. And in terms of application, the largest application is pesticide industry, with a share about 52%.

Market Overview: Glycine

The Glycine industry is a vast and diverse sector that plays a critical role in various other industries, including manufacturing, construction, pharmaceuticals, automotive, and consumer goods. It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The Glycine market is one of the largest and fastest-growing industries globally. Its growth is driven by factors such as increasing population, urbanization, industrialization, and technological advancements.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report. The report focuses on the operation and their competitive landscape present within the market. Identification of numerous key players of the market will help the reader perceive the ways and collaborations that players will need to understand the competition within the global Glycine market.

The Following Manufacturers Are Covered In This Report:-

Ajinomoto
Yuki Gosei Kogyo
Resonac
GEO Specialty Chemicals
Chattem Chemicals
Evonik
Shijiazhuang Donghua Jinlong Chemical
Hebei Donghua Jiheng Chemical
Hubei Xingfa Chemicals Group
Paras Intermediates
Zhenxing Chemical
Newtrend Group
Avid Organics
Kumar Industries
Henan HDF Chemical

Glycine Market Segmentation Analyses: -

Our market analysts are experts in deeply segmenting the global Glycine market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Glycine market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Glycine market and plan powerful business tactics to secure a position of strength in the industry.

Segment by Type
Glycine-Food Grade
Glycine-Tech Grade
Glycine-Pharma Grade

Segment by Application
Pesticide Industry
Feed Industry
Food Industry
Pharmaceuticals Industry
Others

Market Trends and Drivers:-

This section will focus on the latest trends and drivers shaping the Glycine industry. Some of the trends may include the adoption of sustainable practices, increased demand for bio-based materials, digitalization of chemical manufacturing processes, and the rise of green chemistry. Additionally, we will identify key drivers, such as rising consumer demand, rapid industrialization in emerging economies, and advancements in material science.

Challenges and Restraints:-

Despite its growth potential, the Glycine industry faces several challenges and restraints. This section will discuss issues like stringent environmental regulations, volatility in raw material prices, and the need to address safety concerns. We will also analyze the impact of these challenges on the market and potential mitigation strategies.

Emerging Opportunities:-

This section will explore potential growth opportunities and untapped markets within the Glycine industry. These opportunities may arise from technological advancements, shifting consumer preferences, or evolving regulatory landscapes. We will also highlight the prospects for innovation and research & development in the industry.

Future Outlook: -

The Glycine industry is projected to witness steady growth in the coming years, driven by advancements in technology, expanding applications, and increasing investments in R&D. Emerging Glycine markets in Asia-Pacific and Latin America are expected to offer significant growth opportunities.

Report on the Global Glycine Market: The Cumulative Impact of High Inflation

The worldwide Glycine market research examines the cumulative impact of excessive inflation on the market. The impact of inflation, a crucial economic element, on consumer purchasing power and corporate profitability cannot be understated. The research study analyses how the Glycine industry and its various sectors may be impacted by rising inflation rates. It assesses the challenges and possibilities that inflation may present and makes recommendations to mitigate its effects. The study looks at the pricing strategies used by big corporations to fend off inflationary pressures and maintain their market share. Recognizing the overall effects of high inflation can help companies and investors come up with strategies to navigate through tough economic times and ensure sustainable growth in the Glycine market.

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Regional Insights

Asia-Pacific: The Asia-Pacific region dominates the Glycine market, driven by rapid industrialization in countries like China and India. The region benefits from low-cost labor, favourable government policies, and rising consumer demand.

North America: The North American Glycine market is characterized by technological advancements, a focus on sustainability, and the presence of key players. The United States leads in chemical production, with a strong emphasis on research and development.

Europe: Europe has a mature Glycine industry, with a focus on eco-friendly and sustainable practices. The region's stringent regulations drive innovation in green chemistry and bio-based materials.

Latin America and Middle East/Africa: These regions offer significant growth opportunities due to expanding industrial sectors, favorable investment policies, and increasing consumer demand.

Table of Content

1 Study Coverage
1.1 Glycine Product Introduction
1.2 Global Glycine Outlook 2018 VS 2022 VS 2029
1.2.1 Global Glycine Sales in US$ Million for the Year 2018-2029
1.2.2 Global Glycine Sales in Volume for the Year 2018-2029
1.3 United States Glycine Outlook 2018 VS 2022 VS 2029
1.3.1 United States Glycine Sales in US$ Million for the Year 2018-2029
1.3.2 United States Glycine Sales in Volume for the Year 2018-2029
1.4 Glycine Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.4.1 The Market Share of United States Glycine in Global, 2018 VS 2022 VS 2029
1.4.2 The Growth Rate of Glycine Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.5 Glycine Market Dynamics
1.5.1 Glycine Industry Trends
1.5.2 Glycine Market Drivers
1.5.3 Glycine Market Challenges
1.5.4 Glycine Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Years Considered

2 Glycine by Type
2.1 Glycine Market Segment by Type
2.1.1 Glycine-Food Grade
2.1.2 Glycine-Tech Grade
2.1.3 Glycine-Pharma Grade
2.2 Global Glycine Market Size by Type
2.2.1 Global Glycine Sales in Value, by Type (2018, 2022 & 2029)
2.2.2 Global Glycine Sales in Volume, by Type (2018, 2022 & 2029)
2.2.3 Global Glycine Average Selling Price (ASP) by Type (2018, 2022 & 2029)
2.3 United States Glycine Market Size by Type
2.3.1 United States Glycine Sales in Value, by Type (2018, 2022 & 2029)
2.3.2 United States Glycine Sales in Volume, by Type (2018, 2022 & 2029)
2.3.3 United States Glycine Average Selling Price (ASP) by Type (2018, 2022 & 2029)

3 Glycine by Application
3.1 Glycine Market Segment by Application
3.1.1 Pesticide Industry
3.1.2 Feed Industry
3.1.3 Food Industry
3.1.4 Pharmaceuticals Industry
3.1.5 Others
3.2 Global Glycine Market Size by Application
3.2.1 Global Glycine Sales in Value, by Application (2018, 2022 & 2029)
3.2.2 Global Glycine Sales in Volume, by Application (2018, 2022 & 2029)
3.3.3 Global Glycine Average Selling Price (ASP) by Application (2018, 2022 & 2029)
3.3 United States Glycine Market Size by Application
3.3.1 United States Glycine Sales in Value, by Application (2018, 2022 & 2029)
3.3.2 United States Glycine Sales in Volume, by Application (2018, 2022 & 2029)
3.3.3 United States Glycine Average Selling Price (ASP) by Application (2018, 2022 & 2029)

4 Global Glycine Competitor Landscape by Company
4.1 Global Glycine Market Size by Company
4.1.1 Global Key Manufacturers of Glycine, Ranked by Revenue (2022)
4.1.2 Global Glycine Revenue by Manufacturer (2018-2023)
4.1.3 Global Glycine Sales by Manufacturer (2018-2023)
4.1.4 Global Glycine Price by Manufacturer (2018-2023)
4.2 Global Glycine Concentration Ratio (CR)
4.2.1 Glycine Market Concentration Ratio (CR)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Glycine in 2022
4.2.3 Global Glycine Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Glycine, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Glycine, Product Offered and Application
4.5 Global Key Manufacturers of Glycine, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 United States Glycine Market Size by Company
4.7.1 Key Players of Glycine in United States, Ranked by Revenue (2022)
4.7.2 United States Glycine Revenue by Players (2018-2023)
4.7.3 United States Glycine Sales by Players (2018-2023)

5 Global Glycine Market Size by Region
5.1 Global Glycine Market Size by Region: 2018 VS 2022 VS 2029
5.2 Global Glycine Market Size in Volume by Region (2018-2029)
5.2.1 Global Glycine Sales in Volume by Region: 2018-2023
5.2.2 Global Glycine Sales in Volume Forecast by Region (2024-2029)
5.3 Global Glycine Market Size in Value by Region (2018-2029)
5.3.1 Global Glycine Sales in Value by Region: 2018-2023
5.3.2 Global Glycine Sales in Value by Region: 2024-2029

6 Americas
6.1 Americas Glycine Market Size YoY Growth 2018-2029
6.2 Americas Glycine Sales in Volume, by Type (2018, 2022 & 2029)
6.3 Americas Glycine Sales in Volume, by Application (2018, 2022 & 2029)
6.4 Americas Glycine Market Facts & Figures by Country (2018, 2022 & 2029)
6.4.1 Americas Glycine Sales in Value by Country (2018, 2022 & 2029)
6.4.2 Americas Glycine Sales in Volume by Country (2018, 2022 & 2029)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil

7 EMEA
7.1 EMEA Glycine Market Size YoY Growth 2018-2029
7.2 EMEA Glycine Sales in Volume, by Type (2018, 2022 & 2029)
7.3 EMEA Glycine Sales in Volume, by Application (2018, 2022 & 2029)
7.4 EMEA Glycine Market Facts & Figures by Country (2018, 2022 & 2029)
7.4.1 EMEA Glycine Sales in Value by Country (2018, 2022 & 2029)
7.4.2 EMEA Glycine Sales in Volume by Country (2018, 2022 & 2029)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa

8 China
8.1 China Glycine Market Size YoY Growth 2018-2029
8.2 China Glycine Sales in Volume, by Type (2018, 2022 & 2029)
8.3 China Glycine Sales in Volume, by Application (2018, 2022 & 2029)

9 APAC
9.1 APAC Glycine Market Size YoY Growth 2018-2029
9.2 APAC Glycine Sales in Volume, by Type (2018, 2022 & 2029)
9.3 APAC Glycine Sales in Volume, by Application (2018, 2022 & 2029)
9.4 APAC Glycine Market Facts & Figures by Region (2018, 2022 & 2029)
9.4.1 APAC Glycine Sales in Value by Region (2018, 2022 & 2029)
9.4.2 APAC Glycine Sales in Volume by Region (2018, 2022 & 2029)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India

10 Company Profiles
10.1 Ajinomoto
10.1.1 Ajinomoto Company Information
10.1.2 Ajinomoto Description and Business Overview
10.1.3 Ajinomoto Glycine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ajinomoto Glycine Products Offered
10.1.5 Ajinomoto Recent Development
10.2 Yuki Gosei Kogyo
10.2.1 Yuki Gosei Kogyo Company Information
10.2.2 Yuki Gosei Kogyo Description and Business Overview
10.2.3 Yuki Gosei Kogyo Glycine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Yuki Gosei Kogyo Glycine Products Offered
10.2.5 Yuki Gosei Kogyo Recent Development
10.3 Resonac
10.3.1 Resonac Company Information
10.3.2 Resonac Description and Business Overview
10.3.3 Resonac Glycine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Resonac Glycine Products Offered
10.3.5 Resonac Recent Development
10.4 GEO Specialty Chemicals
10.4.1 GEO Specialty Chemicals Company Information
10.4.2 GEO Specialty Chemicals Description and Business Overview
10.4.3 GEO Specialty Chemicals Glycine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GEO Specialty Chemicals Glycine Products Offered
10.4.5 GEO Specialty Chemicals Recent Development
10.5 Chattem Chemicals
10.5.1 Chattem Chemicals Company Information
10.5.2 Chattem Chemicals Description and Business Overview
10.5.3 Chattem Chemicals Glycine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Chattem Chemicals Glycine Products Offered
10.5.5 Chattem Chemicals Recent Development
10.6 Evonik
10.6.1 Evonik Company Information
10.6.2 Evonik Description and Business Overview
10.6.3 Evonik Glycine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Evonik Glycine Products Offered
10.6.5 Evonik Recent Development
10.7 Shijiazhuang Donghua Jinlong Chemical
10.7.1 Shijiazhuang Donghua Jinlong Chemical Company Information
10.7.2 Shijiazhuang Donghua Jinlong Chemical Description and Business Overview
10.7.3 Shijiazhuang Donghua Jinlong Chemical Glycine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shijiazhuang Donghua Jinlong Chemical Glycine Products Offered
10.7.5 Shijiazhuang Donghua Jinlong Chemical Recent Development
10.8 Hebei Donghua Jiheng Chemical
10.8.1 Hebei Donghua Jiheng Chemical Company Information
10.8.2 Hebei Donghua Jiheng Chemical Description and Business Overview
10.8.3 Hebei Donghua Jiheng Chemical Glycine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hebei Donghua Jiheng Chemical Glycine Products Offered
10.8.5 Hebei Donghua Jiheng Chemical Recent Development
10.9 Hubei Xingfa Chemicals Group
10.9.1 Hubei Xingfa Chemicals Group Company Information
10.9.2 Hubei Xingfa Chemicals Group Description and Business Overview
10.9.3 Hubei Xingfa Chemicals Group Glycine Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hubei Xingfa Chemicals Group Glycine Products Offered
10.9.5 Hubei Xingfa Chemicals Group Recent Development
10.10 Paras Intermediates
10.10.1 Paras Intermediates Company Information
10.10.2 Paras Intermediates Description and Business Overview
10.10.3 Paras Intermediates Glycine Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Paras Intermediates Glycine Products Offered
10.10.5 Paras Intermediates Recent Development
10.11 Zhenxing Chemical
10.11.1 Zhenxing Chemical Company Information
10.11.2 Zhenxing Chemical Description and Business Overview
10.11.3 Zhenxing Chemical Glycine Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Zhenxing Chemical Glycine Products Offered
10.11.5 Zhenxing Chemical Recent Development
10.12 Newtrend Group
10.12.1 Newtrend Group Company Information
10.12.2 Newtrend Group Description and Business Overview
10.12.3 Newtrend Group Glycine Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Newtrend Group Glycine Products Offered
10.12.5 Newtrend Group Recent Development
10.13 Avid Organics
10.13.1 Avid Organics Company Information
10.13.2 Avid Organics Description and Business Overview
10.13.3 Avid Organics Glycine Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Avid Organics Glycine Products Offered
10.13.5 Avid Organics Recent Development
10.14 Kumar Industries
10.14.1 Kumar Industries Company Information
10.14.2 Kumar Industries Description and Business Overview
10.14.3 Kumar Industries Glycine Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Kumar Industries Glycine Products Offered
10.14.5 Kumar Industries Recent Development
10.15 Henan HDF Chemical
10.15.1 Henan HDF Chemical Company Information
10.15.2 Henan HDF Chemical Description and Business Overview
10.15.3 Henan HDF Chemical Glycine Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Henan HDF Chemical Glycine Products Offered
10.15.5 Henan HDF Chemical Recent Development

11 Industry Chain and Sales Channels Analysis
11.1 Glycine Industry Chain Analysis
11.2 Glycine Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Glycine Production Mode & Process
11.4 Glycine Sales and Marketing
11.4.1 Glycine Sales Channels
11.4.2 Glycine Distributors
11.5 Glycine Customers

12 Research Findings and Conclusion

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Author Details
13.3 Disclaimer

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