Glycerol Derivatives Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 |Shell Plc, Cargill Incorporated, Archer Daniels Midland Company, BASF SE, The Procter & Gamble Company, The Dow Chemical Company, ThyssenKrupp AG, Mitsubi

As per the report, the glycerol derivatives market size has grown strongly in recent years. It will grow from $15.04 billion in 2023 to $16.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The glycerol derivatives market size is expected to see strong growth in the next few years. It will grow to $21.37 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.

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Surge In Food And Beverage Industry Fuels Growth In Glycerol Derivatives Market
The increased food and beverage industry is expected to propel the growth of the glycerol derivatives market going forward. The food and beverage industry refers to the sector that involves the production, processing, distribution, and sale of food and drink products. The food and beverage industries are increasing due to urbanization, economic growth, rising incomes, health and wellness trends, globalization, and social media influence. Glycerol derivatives are integral to the food and beverage industry, offering a wide range of functionalities that improve product quality, stability, and consumer appeal. For instance, in January 2022, according to Atradius NV, a Netherlands-based insurance company, the UK's food and beverage output increased by over 4.1% in 2021, following a 5.3% contraction in 2020. Therefore, the increased food and beverage industry is driving the growth of the glycerol derivatives market.

Innovative Wax-Based Pearlizers Enhance Glycerol Derivatives Market
Major companies operating in the glycerol derivatives market are focusing on developing innovative products, such as wax-based pearlizers, to enhance the functionality and appeal of their offerings. Wax-based pearlizers are additives that utilize glycerol derivatives, such as glycerol oleate, to achieve opacifying and pearlescent effects in personal care products. For instance, in December 2022, BASF SE, a Germany-based chemical company, launched Euperlan NL Pearl, the first COSMOS-compliant, wax-based pearlizer made for rinse-off applications. This new pearlizer is readily biodegradable and suitable for ethylene oxide and sulfate surfactant-free solutions. Euperlan NL Pearl is composed of naturally derived ingredients such as hydrogenated vegetable oil, cocamidopropyl betaine, and glyceryl oleate. This glycerol derivative, glyceryl oleate, acts as an emulsifier, emollient, and skin conditioning agent, contributing to the pearlizer's excellent performance in hair care applications, including wet and dry combing tests, anti-hair breakage measurements, and suppleness tests.

The glycerol derivatives market covered in this report is segmented -

1) By Product: 4-(Hydroxymethyl)-1 3-Dioxolan-2-One, Polyglycerol, Propane-1 2 3-Triyl Triacetate, 1 3 Propanediol, Propylene Glycol, Other Products
2) By Grade: Bio-Based, Petroleum-Based
3) By End-Use: Food And Beverage, Pharmaceuticals, Cosmetics And Personal Care, Construction, Other End-Users

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Major companies operating in the glycerol derivatives market are Shell Plc, Cargill Incorporated, Archer Daniels Midland Company, BASF SE, The Procter & Gamble Company, The Dow Chemical Company, ThyssenKrupp AG, Mitsubishi Chemical Corporation, Saudi Basic Industries Corporation, Merck KGaA, Evonik Industries AG, Solvay SA, Sasol Limited, Arkema SA, Akzo Nobel N.V., Kerry Group plc , Huntsman Corporation, Lonza Group AG, Nouryon, Clariant AG, Stepan Company, Croda International Plc, Tokyo Chemical Industry Co. Ltd., Sakamoto Yakuhin Kogyo Co. Ltd., Acuro Organics Limited, Haihang Industry Co. Ltd.

Contents of the report:
1. Executive Summary
2. Glycerol Derivatives Market Report Structure
3. Glycerol Derivatives Market Trends And Strategies
4. Glycerol Derivatives Market - Macro Economic Scenario
5. Glycerol Derivatives Market Size And Growth
…..
27. Glycerol Derivatives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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