Global Triacetin Market Growth 2025-2031

The global Triacetin market size is predicted to grow from US$ 430 million in 2025 to US$ 589 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

The Triacetin 1,2,3-triacetoxypropane is more generally known as triacetin and glycerin triacetate. It is the triester of glycerol and acetic acid, and is the second simplest fat after triformin. Triacetin is readily soluble in aromatic hydrocarbons and most organic solvents. It is insoluble in aliphatic hydrocarbons, mineral oils, and vegetable and animal oils. Solubility in water is low.

Triacetin is found in some food like butter as it is used as a food additive for the solvency of flavourings for the function of humectant. It is used in perfumery and cosmetics for these applications. It is used as an antifungal agent in external medicine for topical treatment of superficial fungal infections of the skin. Triacetin is applied to cigarette filter as a plasticizer. It is used as a gelatinizing agent in explosives.

Under suitable conditions, Triacetin can be stored for one year. Triacetin can be stored in a stainless steel tank.

The global Triacetin industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Eastman, Lanxess, BASF, Daicel and Jiangsu Ruijia. At present, Jiangsu Ruijia is the world leader, holding 23% production market share.

LP Information, Inc. (LPI) ' newest research report, the “Triacetin Industry Forecast” looks at past sales and reviews total world Triacetin sales in 2024, providing a comprehensive analysis by region and market sector of projected Triacetin sales for 2025 through 2031. With Triacetin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Triacetin industry.

This Insight Report provides a comprehensive analysis of the global Triacetin 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 Triacetin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Triacetin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Triacetin 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 Triacetin.

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

Segmentation by Type:
Tobacco Grade
Industrial Grade
Food Grade
Others

Segmentation by Application:
Tobacco
Food
Foundry
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 analysing the company's coverage, product portfolio, its market penetration.
Eastman
Polynt
Daicel
Lanxess
BASF
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Yixing YongJia Chemical
Jiangsu Licheng
Xinxiang Huayang

Key Questions Addressed in this Report

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

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

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

How do Triacetin market opportunities vary by end market size?

How does Triacetin break out by Type, by Application?

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