Global Glycerol Market Growth 2023-2029

Global Glycerol Market Growth 2023-2029

Glycerol is a simple polyol compound. It is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. The glycerol backbone is found in all lipids known as triglycerides. It is widely used in the food industry as a sweetener and humectant and in pharmaceutical formulations. Glycerol has three hydroxyl groups that are responsible for its solubility in water and its hygroscopic nature.

LPI (LP Information)' newest research report, the “Glycerol Industry Forecast” looks at past sales and reviews total world Glycerol sales in 2022, providing a comprehensive analysis by region and market sector of projected Glycerol sales for 2023 through 2029. With Glycerol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glycerol industry.

This Insight Report provides a comprehensive analysis of the global Glycerol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glycerol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glycerol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glycerol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glycerol.

The global Glycerol market size is projected to grow from US$ 2304.5 million in 2022 to US$ 4449.6 million in 2029; it is expected to grow at a CAGR of 4449.6 from 2023 to 2029.

Factors such as acid rains, increase in the level of greenhouse gases, and an increase in air pollution are adversely affecting the environment and causing distress to the people. To reduce the harmful effects on the populace and to remain environment-friendly, the government is taking initiatives to promote the use of environmental-friendly products among the manufacturing sector. Moreover, the government is also raising awareness about the harmful effects of chemical compounds on the environment. Also, the government is also providing loans at a subsidized rate of interest and also at reasonable tax rates to shift toward bio-based chemical production. This, can further, fuel the growth of the market over the years.

This report presents a comprehensive overview, market shares, and growth opportunities of Glycerol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Biodiesel
Fatty Acids
Fatty Alcohols
Others

Segmentation by application
Personal Care & Pharmaceuticals
Alkyd Resins
Foods & Beverages
Polyether Polyols
Tobacco Humectants
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Emery Oleochemicals
IOI Group
Oleon
Wilmar International
Archer Daniels Midland
Cargill
CREMER OLEO
Croda International
Godrej Industries
Procter & Gamble
Kao

Key Questions Addressed in this Report

What is the 10-year outlook for the global Glycerol market?

What factors are driving Glycerol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Glycerol market opportunities vary by end market size?

How does Glycerol break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.