Glycerol Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research

The Glycerol Market size was valued at USD 3.16 Billion in 2023 and the total Glycerol revenue is expected to grow at a CAGR of 7.23 % from 2024 to 2030, reaching nearly USD 5.18 Billion by 2030.

𝐆𝐥𝐲𝐜𝐞𝐫𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Glycerol, a versatile compound with a sweet taste and colorless, odorless properties, is driving significant growth in the global market. Sourced from vegetable oils, animal fats, or produced synthetically, it is used in personal care products, pharmaceuticals, food and beverages, and industrial processes. The demand for glycerol in biofuel production, natural personal care products, and the food and beverage industry is driving market growth. Key players in the Glycerol Market are focused on strategic developments to enhance their market presence. Research and development efforts are being made to discover new applications for glycerol, leading to its adoption in various industries. Collaborations like those with Emery Oleochemicals and IOI Oleo GmbH are contributing to production improvements and technological advancements. The market growth is supported by sustainability trends, with a focus on glycerol as a bio-based chemical. Increased demand for biodiesel, driven by initiatives like the EU's renewable energy push, is generating surplus crude glycerol, boosting market expansion. The e-cigarette industry's growth is also driving glycerol consumption, fueling market growth.

The major key players are the Archer Daniels Midland Company (ADM), Chicago, Illinois, DowDuPont Inc., Wilmar International Limited, Cargill, Incorporated, Sasol Germany GmbH, Godrej Industries Limited, and Vance Bioenergy Sdn Bhd. The Asia-Pacific Glycerol market is thriving, with China, India, and Japan playing significant roles. China is a major consumer, driven by a booming cosmetics sector that has a high demand for premium products. The retail sales value of cosmetics in China reached USD 57.74 billion in 2021. The Chinese Glycerol market is expected to expand further in the food processing industry. In Japan, Glycerol is closely linked to pharmaceutical usage and production, with the chemical industry producing 35.3 thousand tonnes in 2021. India has also seen growth, boosted by initiatives like the Swachh Bharat Mission promoting health and hygiene. The soap manufacturing and pharmaceutical industries in India have contributed to the increasing demand for Glycerol in various applications.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞:https://www.maximizemarketresearch.com/request-sample/34532/ 

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

In July 2023, Louis Dreyfus Company expands refining capacity in Indonesia with new glycerine refining facility.

In May 2023, BASF SE and ORLEN Poludnie complete glycerol conversion to BioPG in Poland using BASF's technology in one year.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐆𝐥𝐲𝐜𝐞𝐫𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐂𝐥𝐢𝐜𝐤 𝐀𝐰𝐚 :https://www.maximizemarketresearch.com/request-sample/34532/

𝐆𝐥𝐲𝐜𝐞𝐫𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐛𝐲 𝐓𝐲𝐩𝐞

Crude
Refined

𝐛𝐲 𝐒𝐨𝐮𝐫𝐜𝐞

Biodiesel
Fatty Acids
Fatty Alcohols
Soap Industry

𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Food & Beverage
Pharmaceutical
Nutraceutical
Personal Care & Cosmetics
Industrial
Others

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰:https://www.maximizemarketresearch.com/request-sample/34532/

𝐆𝐥𝐲𝐜𝐞𝐫𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐥𝐞𝐚𝐝𝐞𝐫𝐬

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚:

Archer Daniels Midland Company (ADM), Chicago, Illinois, USA
DowDuPont Inc., Midland, Michigan, USA
Wilmar International Limited, Singapore
Cargill, Incorporated, Wayzata, Minnesota, USA
Vantage Specialty Ingredients, Chicago, Illinois, USA

𝐄𝐮𝐫𝐨𝐩𝐞:

Croda International Plc, Snaith, United Kingdom
IOI Loders Cropland, Wormerveer, Netherlands
Kao Chemicals Europe, Barcelona, Spain
Sasol Germany GmbH, Hamburg, Germany
Vantage Specialty Ingredients, Ilkeston, United Kingdom
Croda Deutschland GmbH, Hamburg, Germany

𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜:

IOI Corporation Berhad, Putrajaya, Malaysia
Godrej Industries Limited, Mumbai, India
Emery Oleochemicals, Shah Alam, Malaysia
Kao Corporation, Tokyo, Japan
Palm Oleo Sdn Bhd, Selangor, Malaysia
Musim Mas Group, Jakarta, Indonesia
Pacific Oleochemicals Sdn Bhd, Selangor, Malaysia
PT Smart Tbk, Jakarta, Indonesia
Shandong Head Co. Ltd, Shandong, China
Kao (Malaysia) Sdn Bhd, Selangor, Malaysia
VVF Limited, Mumbai, India
Vance Bioenergy Sdn Bhd, Johor, Malaysia

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.maximizemarketresearch.com/market-report/global-glycerol-market/34532/

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐲𝐜𝐞𝐫𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

What is the Segmentation in the Global Glycerol Market report?
Which region is expected to hold the highest share in the Global Glycerol Market?
What is the market size of the Global Glycerol Market by 2030?
What is the forecast period for the Global Glycerol Market?
What was the market size of the Global Glycerol Market in 2023?

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Glycerol Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Glycerol Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧

Polyethylene Insulation Materials Market was valued at USD 20.04 Bn. in 2023. Global Polyethylene Insulation Materials Market size is expected to grow at a CAGR of 7.8 % through the forecast period.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/polyethylene-insulation-materials-market/148748/

Fiberglass Doors Market was valued at USD 13.67 Billion in 2022, and is expected to reach USD 25.64 Billion by 2029, exhibiting a CAGR of 9.4 % during the forecast period (2023-2029)

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/fiberglass-doors-market/168370/

The Global Concrete Formwork Market is valued as a USD 10.12 Bn market in the year 2023 and is expected to grow at 2.3% CAGR to become a USD 11.87 Bn market by the year 2030.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/concrete-formwork-market/187730/

Global Formic Acid Market size was valued at USD 2.05 Bn. in 2023 and the total Formic Acid revenue is expected to grow by 4.8 % from 2024 to 2030, reaching nearly USD 2.85 Bn.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/formic-acid-market/190968/

The Potassium Phosphite Market size was valued at USD 134.6 Million for the year 2022 and is expected to grow at a CAGR of 5.6 % to become a USD 197.1 Million market by the year 2029.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/potassium-phosphite-market/194858/

Battery Additives Market size was valued at US$ 1.89 Bn in 2023 and is expected to reach US$ 3.62 Bn by 2030 to exhibit a CAGR of 9.7 % during the forecast period.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-battery-additives-market/26908/

The Bentonite Market size was valued at USD 1.89 Billion in 2023 and the total Bentonite Market revenue is expected to grow at a CAGR of 8.1 % from 2024 to 2030, reaching nearly USD 3.26 Billion.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-bentonite-market/25076/

Global Benzotrichloride Market is expected to grow at a CAGR of 9.6% during the forecast period and is expected to reach USD 806.53 Mn by 2030.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-benzotrichloride-market/74900/

The Global Bioactive Materials Market size was valued at USD 2757.52 Million in 2023 and the total Bioactive Materials revenue is expected to grow at a CAGR of 14.5% from 2024 to 2030, reaching nearly USD 7114.72 Million.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-bioactive-materials-market/31577/

Global Bio-based and Synthetic Dimethyl Ether (DME) Market size is expected to reach USD 5.46 Bn. by 2030, at a CAGR of 8.7% during the forecast period.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-bio-based-and-synthetic-dimethyl-ether-dme-market/80018/

Bio-based Esters Market was valued at US $ 1.54 Bn. in 2021, and it is expected to reach US $ 2.93 Bn. by 2029 with a CAGR of 8.32% during the forecast period.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-bio-based-esters-market/119234/

Bio-Based Resin Market was valued at USD 14.20 Mn in 2023 and is estimated to reach USD 31.02 Mn by 2030 at a CAGR of 11.8%during a forecast period.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-bio-based-resin-market/26751/

Bio Ceramics Market size is expected to reach nearly US$ 5.52 Bn. by 2030 with the CAGR of 7.30% during the forecast period.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-bio-ceramics-market/22218/

Biocompatible 3D Printing Materials Market is expected to reach US$ 1417.53 Mn. at a CAGR of 15.2 during the forecast period 2030.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-biocompatible-3d-printing-materials-market/30315/

Global Biodegradable Bags Market is expected to grow at a CAGR of 9.7% during the forecast period. Global Biodegradable Bags Market is expected to reach US$ 3.90 Bn by 2030.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-biodegradable-bags-market/15303/

𝐌𝐀𝐗𝐈𝐌𝐈𝐙𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐏𝐕𝐓. 𝐋𝐓𝐃.

⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.

This release was published on openPR.