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Glycerol Market to Reach USD 5.18 Billion by 2030, Driven by a 7.23% CAGR

01-22-2025 10:22 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Glycerol Market

Glycerol Market

๐†๐ฅ๐ฒ๐œ๐ž๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global glycerol market is poised for significant growth, driven by increasing demand in pharmaceuticals, personal care, and food & beverage sectors. The market was valued at USD 3.16 billion in 2023 and is projected to grow at a CAGR of 7.23% from 2024 to 2030, reaching a valuation of USD 5.18 billion. This press release explores the market's key growth drivers, country-specific insights, and recent developments shaping the industry landscape.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/34532/

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: Glycerol Growth Opportunities in Vietnam Vietnam's glycerol market is gaining traction due to the robust expansion of its pharmaceutical and cosmetic sectors. Local companies are leveraging glycerol for biofuel production, aligned with the country's renewable energy goals. Key mergers, such as Company A partnering with Company B, have enhanced production capacities and distribution networks.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: Emerging Trends in Thailand's Glycerol Market Thailand has become a key player in the glycerol industry, supported by government incentives for biofuel adoption. The country's biodiesel industry, which heavily relies on glycerol, is witnessing consistent growth. A recent acquisition by Company C of Company D has bolstered the production capabilities of refined glycerol, targeting domestic and international markets.

๐‰๐š๐ฉ๐š๐ง: Consolidation in Japan's Glycerol Industry Japan's glycerol market is characterized by advanced applications in the pharmaceutical and food industries. The nation's focus on health-conscious products has increased glycerol's utility as a humectant and sweetener. Noteworthy developments include Company E expanding its research facilities to innovate glycerol-derived products.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/34532/

๐‚๐ก๐ข๐ง๐š: Opportunity Growth in China's Glycerol Sector China dominates the Asia-Pacific glycerol market, driven by large-scale production of biodiesel and increasing demand for personal care products. Strategic mergers, such as Company F acquiring Company G, have enabled significant market consolidation. These efforts are expected to further strengthen China's global export capabilities.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: Trends in South Korea's Glycerol Market South Korea is witnessing increased adoption of glycerol in pharmaceuticals and cosmetics, spurred by its robust beauty and wellness industry. Recent collaborations, including Company H with Company I, aim to enhance glycerol refinement techniques and diversify its applications in the region.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: Glycerol Market Updation in Singapore Singapore's glycerol industry benefits from its strategic location and strong trade networks. The country's focus on sustainable products has driven innovation in glycerol-based biofuels. A notable development is the establishment of a joint venture between Company J and Company K to scale up production of pharmaceutical-grade glycerol.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/34532/

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: Glycerol Opportunities in the US Market The United States leads the glycerol market in North America, fueled by high demand in the food & beverage and personal care industries. The acquisition of Company L by Company M has reinforced the supply chain for glycerol derivatives. This trend underscores the growing investment in R&D to explore new glycerol applications.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: Growth and Consolidation in Europe's Glycerol Industry Europe remains a stronghold for glycerol production, supported by stringent sustainability regulations and a flourishing biodiesel sector. Recent developments include Company N merging with Company O, aimed at advancing eco-friendly glycerol production processes. The European market continues to focus on high-purity glycerol for pharmaceutical applications.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/global-glycerol-market/34532/

๐†๐ฅ๐ฒ๐œ๐ž๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Crude
Refined

๐›๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž

Biodiesel
Fatty Acids
Fatty Alcohols
Soap Industry

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Food & Beverage
Pharmaceutical
Nutraceutical
Personal Care & Cosmetics
Industrial
Others

๐†๐ฅ๐ฒ๐œ๐ž๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

๐Œ๐š๐ฃ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐จ๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐ฒ๐œ๐ž๐ซ๐จ๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š:

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

๐‹๐ž๐š๐๐ข๐ง๐  ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐†๐ฅ๐ฒ๐œ๐ž๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

1. Croda International Plc, Snaith, United Kingdom
2. IOI Loders Cropland, Wormerveer, Netherlands
3. Kao Chemicals Europe, Barcelona, Spain
4. Sasol Germany GmbH, Hamburg, Germany
5. Vantage Specialty Ingredients, Ilkeston, United Kingdom
6. Croda Deutschland GmbH, Hamburg, Germany

๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐€๐ฌ๐ข๐š-๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐†๐ฅ๐ฒ๐œ๐ž๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

1. IOI Corporation Berhad, Putrajaya, Malaysia
2. Godrej Industries Limited, Mumbai, India
3. Emery Oleochemicals, Shah Alam, Malaysia
4. Kao Corporation, Tokyo, Japan
5. Palm Oleo Sdn Bhd, Selangor, Malaysia
6. Musim Mas Group, Jakarta, Indonesia
7. Pacific Oleochemicals Sdn Bhd, Selangor, Malaysia
8. PT Smart Tbk, Jakarta, Indonesia
9. Shandong Head Co. Ltd, Shandong, China
10. Kao (Malaysia) Sdn Bhd, Selangor, Malaysia
11. VVF Limited, Mumbai, India
12. Vance Bioenergy Sdn Bhd, Johor, Malaysia

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Global Splice On Connector Market https://www.maximizemarketresearch.com/market-report/global-splice-on-connector-market/69850/

โ™ฆ Global Split Air Conditioning Systems Market https://www.maximizemarketresearch.com/market-report/global-split-air-conditioning-systems-market/31681/

โ™ฆ Global Sputtering Target Market https://www.maximizemarketresearch.com/market-report/global-sputtering-target-market/102381/

โ™ฆ Global Statcom Market https://www.maximizemarketresearch.com/market-report/global-statcom-market/70411/

โ™ฆ Global Surgical Staplers Market https://www.maximizemarketresearch.com/market-report/global-surgical-staplers-market/37276/

โ™ฆ Global Swarm Intelligence Market https://www.maximizemarketresearch.com/market-report/global-swarm-intelligence-market/7222/

โ™ฆ Global Synthetic Aperture Radar Market https://www.maximizemarketresearch.com/market-report/global-synthetic-aperture-radar-market/15470/

โ™ฆ Global System On Chip Market https://www.maximizemarketresearch.com/market-report/global-system-on-chip-market/33954/

โ™ฆ Global Tank Level Monitoring System Market https://www.maximizemarketresearch.com/market-report/global-tank-level-monitoring-system-market/96647/

โ™ฆ Global Terminal Antennas Market https://www.maximizemarketresearch.com/market-report/global-terminal-antennas-market/74171/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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