Press release
Triacetin Market Estimated to Flourish by 2025
Triacetin is a chemical compound, also known as glycerine triacetate. The IUPAC name of triacetin is 2,3-diacetyloxypropyl acetate. It can be prepared in laboratory and naturally it occurs in cod-liver oil i.e. in fishes etc. Triacetin is also approved as GRAS i.e. Generally Recognized As Safe by the Food and Drug Association (FDA).Triacetin has increasing demand because of its versatile properties and various advantages such as its compatibility with natural and synthetic rubber, triacetin can dissolve many organic substances into it, triacetin can solidify cellulose fibres of acety, triacetin has resistance for light, triacetin can plasticize cellulose-based paints. Triacetin has hazardous impact when exposed to eyes and skin. Triacetin’s inhalation and ingestion is also injurious to vital organs of the body.
Other hazards from any substance or product containing Triacetin is that it easily catches fire and is explosive in nature. The development of biodiesel is an opportunity for triacetin manufacturing companies; as triacetin is one of the major components for preparation of biodiesel.
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With constant increase in global warming and harmful emissions from vehicles, number of respiratory disorders are increasing in humans. Triacetin is one of the major component of drugs and medicines used to treat and fight such disorders.
There is a rising demand for triacetin manufactured from non GMO i.e. Genetically Modified Organism products, thereby making triacetin safer for food, beverages, packaging, pharmaceutical and many other applications.
Food Industry: Triacetin is used as a leavening agent to promote fermentation in baked foods. Another use of triacetin is as an emulsifier to promote emulsification in dairy products. Triacetin is also used as a plasticizer in bubble gums or chewing gums. It is also used as a food additive in hard candy.
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Beverage industry: Triacetin is used as a flavor enhancer to enhance flavors as an emulsifier to promote emulsification.
Pharmaceuticals: Triacetin is used largely used to as an anti-fungal agent to inhibit fungal infections. It is also used as a plasticizer to plastify capsules and coat tablets. Catalysis of various chemical reactions.
Cosmetics: Triacetin is used as a humectant to maintain moisture in the cosmetics. It is used as a plsticizer in nail colors to plastify them. Also used for preparing fragrances for perfumes and deodorants. It is also used as a luminant in hair dyes and colors.
Textile industry: Synthesis of chemicals like Optical Brightening Agents (OBAs), Flourescent Brightening Agents (FBAs) or Flourscent Whitening Agents (FWAs)
Triacetin is used in various other industries as well. For example as a binder in cigarette filters to plastify and solidify. Triacetin is also used as a gelatinizng agent in explosives.
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The global market for Triacetin was estimated to be worth US$ 397.4 million in 2023 and is forecast to a readjusted size of US$ 569.1 million by 2030 with a CAGR of 5.2% during the forecast period 2024-2030
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𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐫𝐢𝐚𝐜𝐞𝐭𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐒𝐭𝐞𝐚𝐝𝐲 𝐆𝐫𝐨𝐰𝐭𝐡: 𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐀𝐜𝐫𝐨𝐬𝐬 𝐑𝐞𝐠𝐢𝐨𝐧𝐬
The global triacetin market is projected to reach USD 375.68 million by 2030, experiencing a compound annual growth rate (CAGR) of 4% from 2024 to 2030.Triacetin, also known as glycerine triacetate, is a versatile chemical utilized across various industries, including food and beverage, cosmetics, and pharmaceuticals.
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Triacetin market products, applications & regional Performance 2024
The Triacetin Market size may significantly grow in the forecasted timespan. Triacetin, is also known as triglyceride and glycerin triacetate. It is a chemical compound made artificially and commonly used in food additive, fuel additive and in manufacturing of capsules and tablets.
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