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Glycerin Market worth $2.95 billion by 2030, growing at a CAGR of 5.47% - Exclusive Report by 360iResearch
Glycerin Market | 360iResearch
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Glycerin, also known as glycerol, is a versatile polyol compound utilized across numerous industries, including pharmaceuticals, food and beverages, cosmetics and personal care, and industrial sectors. Derived from synthetic and natural sources, such as animal fats and vegetable oils through hydrolysis and transesterification, glycerin's crucial properties like moisturizing, emollient, humectant capabilities, non-toxicity, and biodegradability enhance its broad application spectrum. In pharmaceuticals, glycerin serves as a solvent, sweetening agent, and ingredient in encapsulated medicines, while in the food and beverage industry, it acts as a humectant, solvent, and sweetener, extending product shelf life. Its moisturizing properties make it an essential component in cosmetics and personal care items, including creams, lotions, soaps, and toothpaste, and it serves crucial roles in industrial applications, manufacturing resins, plastics, anti-freeze, and lubricants. The market for glycerin is driven by several growth factors, including rising demand for natural and organic products in personal care, advancements in pharmaceutical innovations, and expanding use in biofuels and biodegradable products. Key opportunities lie in leveraging the growing biofuel sector, developing innovative cosmetic formulations, and focusing on sustainable, eco-friendly production methods. However, the market faces challenges such as price volatility of raw materials, regulatory hurdles, competition from synthetic and other natural humectants and solvents, and the environmental impact of non-sustainable production methods. Innovative areas for business growth include developing glycerin-based biodegradable materials, advanced skincare solutions, and health supplements for nutraceuticals and functional foods. The glycerin market demonstrates intense competition and continuous innovation, influenced by supply-side factors like raw material availability and production technology, alongside demand-side factors such as consumer preferences and regulatory environments, offering substantial growth potential through targeted innovations and sustainable practices.
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Market Segmentation & Coverage:
This research report categorizes the Glycerin Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Source, market is studied across Biodiesel, Fats & Oils, and Petrochemical.
Based on Grade, market is studied across Crude Glycerin and Refined Glycerin.
Based on End-use, market is studied across Chemical & Materials, Food & Beverages, Personal Care, and Pharmaceuticals.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Glycerin Market, highlighting leading vendors and their innovative profiles. These include ATLAS FINE CHEMICALS PRIVATE LIMITED., BASF SE, Cargill, Incorporated., Ecogreen Oleochemicals Pte Ltd., EMERY OLEOCHEMICALS LLC, Godrej Industries Limited, IOI Corporation Berhad., Kao Corporation, KLK OLEO, Louis Dreyfus Holding BV, Musim Mas Group, Oleon NV by Avril Group, PT.SUMI ASIH, Sakamoto Yakuhin Kogyo, Co., Ltd., THAI GLYCERINE CO., LTD., The Dow Chemical Company, The Procter & Gamble Company, Twin Rivers Technologies, Inc. by FGV Holdings., Vantage Specialty Chemicals, Inc., VVF LLC, and Wilmar International Limited.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Glycerin Market, by Source
7. Glycerin Market, by Grade
8. Glycerin Market, by End-use
9. Americas Glycerin Market
10. Asia-Pacific Glycerin Market
11. Europe, Middle East & Africa Glycerin Market
12. Competitive Landscape
13. Competitive Portfolio
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