Press release
Glycerol Market to Reach USD 5.18 Billion by 2030, Driven by a 7.23% CAGR
Glycerol Market
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.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/34532/
๐๐ข๐๐ญ๐ง๐๐ฆ: 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.
๐๐ก๐๐ข๐ฅ๐๐ง๐: 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.
๐๐๐ฉ๐๐ง: 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.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/34532/
๐๐ก๐ข๐ง๐: 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.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: 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.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: 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.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/34532/
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: 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.
๐๐ฎ๐ซ๐จ๐ฉ๐: 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 ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-glycerol-market/34532/
๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Crude
Refined
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Biodiesel
Fatty Acids
Fatty Alcohols
Soap Industry
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Food & Beverage
Pharmaceutical
Nutraceutical
Personal Care & Cosmetics
Industrial
Others
๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐๐๐ฃ๐จ๐ซ ๐๐จ๐ง๐ญ๐ซ๐ข๐๐ฎ๐ญ๐จ๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐:
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
๐๐๐๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ:
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
๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ:
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
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
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