Press release
Glycerol Monostearate Market is Dazzling Worldwide and Forecast to 2031
Global glycerol monostearate market is anticipated to grow at a significant CAGR of 10.8% during the forecast period (2024-2031). A major factor supporting the growth of the market includes its extensive application across various industries. Glycerol monostearate is widely used as an emulsifier, thickening agent, and stabiliser in food and beverage products, cosmetics, pharmaceuticals, and personal care items. With the increasing demand for processed food products, cosmetics, and pharmaceuticals, the demand for glycerol monostearate is expected to rise globally. To meet the growing demand, key players are adopting different strategies.For instance, in March 2023, Croda International plc, through its Indian subsidiary 'Croda India', unveiled plans to invest USD 5.4 million in the establishment of an advanced manufacturing plant in Dahej, Gujarat. This strategic initiative aims to address the escalating demand for pharmaceutical and consumer care products in the region.
Further, in May 2022, Evonik Industries AG launched its Applied Technology Center (ATC) in Sao Paulo, Brazil, marking a significant milestone for the company. The newly inaugurated facility encompasses advanced laboratories and two pilot plants, underscoring Evonik's commitment to enhancing its interface and performance business line. This division's agro-focused operations encompass a range of essential products such as emulsifiers, wetting agents, antifoams, and dispersants. Positioned as Evonik's third regional Agro Hub, following similar establishments in the U.S. and Germany, the Sao Paulo facility is poised further to solidify the company's global presence and industry leadership.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Purity
By Application
By End-use
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes BASF SE, Wilmar International Ltd., 3M Co., Evonik Industries AG, Kao Corp. and others.
Glycerol Monostearate Market Report Segment
By Purity
90%
By Application
Emulsifier
Thickener
Preservative
By End-use
Food & Beverages
Personal Care & Cosmetics
Pharmaceuticals
A full Report of Glycerol Monostearate Market is Available @ https://www.omrglobal.com/industry-reports/glycerol-monostearate-market
Glycerol Monostearate Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Schulman Inc. (LyondellBasell Industries Holdings B.V.)
Acm Chemicals
Akzo Nobel N.V.
Alpha Chemicals Pvt. Ltd.
Arkema SA
Clariant AG
Corbion NV
Croda International PLC.
Dupont de Nemours, Inc.
Estelle Chemicals Pvt. Ltd.
Evonik Industries AG
Gujarat Amines
Hangzhou Zanyu Oleo-Technology Co.,Ltd. (Hangzhou Oleochemicals Co., Ltd.)
Kao Cor.
Mohini Organics Pvt. Ltd
Nouryon Chemicals Holding B.V.
Oleon NV
RM CHEMICALS
Riken Vitamin Co., Ltd.
Solvay SA
Stepan Co.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/glycerol-monostearate-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Introduction
Glycerol Monostearate (GMS) is a widely used emulsifier in the food, cosmetic, and pharmaceutical industries. It is a synthetic compound derived from glycerol and stearic acid, often used for its ability to blend ingredients that typically do not mix well, such as oil and water. In food products, GMS is primarily used as an emulsifier, stabilizer, and thickening agent. In cosmetics and pharmaceuticals, it is incorporated for its emulsifying properties…
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Glycerol Monostearate (GMS) is a versatile compound derived from glycerol and stearic acid. It primarily functions as an emulsifier, stabilizer, and thickening agent in various industries, including food and beverage, pharmaceuticals, and cosmetics. The global Glycerol Monostearate market has witnessed notable growth, driven by increasing demand in these sectors. This article provides a detailed analysis of the Glycerol Monostearate market, exploring its size, share, opportunities, challenges, demand, and trends.
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