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Glycerol Market by Source (Biodiesel, Fatty Alcohol, Fatty Acid, and Others), Product (Refined Glycerin and Crude Glycerin), and End-use Industry (Personal Care, Food & Beverages, Pharmaceuticals, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031

A16434
Pages: 332
May 2022 | 166 Views
   
Author(s) : Sushant Moon, Anjumnisha Sayyad , Eswara Prasad
Tables: 213
Charts: 67
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Glycerol Market Statistics – 2030

The global glycerol market was valued at $4.3 billion in 2021, and is projected to reach $5.1 billion by 2031, growing at a CAGR of 1.7% from 2022 to 2031.

Statement for COVID-19 banner: Increased demand for hand sanitizer during covid-19 has increased the demand for glycerol. The demand for personal hygiene products is predicted to increase owing to increased awareness about personal cleanliness. This will consequently propel the demand for glycerol in coming years.

Glycerol (C3H8O3) is an odorless, transparent polyol that belongs to the alcohol family of chemical molecules. The hydrolysis of natural oils and fats found in plants and animals is used to produce glycerol. It is used as a solvent, humectant, stabilizer, plasticizer, emollient, filler, sweetener, and softening agent in the food & beverage industry as it is biodegradable, hygroscopic, and miscible with water. Serums, cough syrups, vaccinations, heart medicines, suppositories, expectorants, and drug solvents are all manufactured using glycerol.

Glycerol-Market,-2022-2031

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Increased demand from end-use industries such as personal care, pharmaceutical, and food & beverages is driving the demand for glycerol. Rapid industrialization and urbanization have increased the demand for glycerol form personal care, food & beverages, and pharmaceutical industries. In addition, the need for bio-based fuel is driving the market growth. The need for renewable fuels increased as fossil fuel stocks is limited. Biodiesel is made from natural resources such as animal fats and vegetable oils and has shown to be a more environmentally friendly alternative to fossil fuels. It is produced as a by-product of the biodiesel production process. As a result of increased biodiesel production, glycerol supply is expected to rise during the forecast period.

However, fluctuating prices of raw material is hindering the glycerol market growth. Biodiesel production is uncertain in many of the regions, owing to the changing demand patterns. In addition, glycerol is a key by-product in the biodiesel manufacturing process, and variations in production of biodiesel would result into fluctuating downstream prices of glycerol. On the contrary, increase in demand from emerging economies is expected to provide lucrative opportunity for the glycerol market expansion during the forecast period.

The glycerol market is segmented into source, product, end-use industry, and region. By source, the market is classified into biodiesel, fatty alcohol, fatty acid, and others. Depending on product, the glycerol market is bifurcated into crude glycerol and refined glycerol. On the basis of end-user industry, it is segregated into personal care, food & beverages, pharmaceutical, and others. Region wise, the glycerol market is studied across North America, Europe, Asia-Pacific, and LAMEA. The glycerol market share is analyzed across all significant regions and countries.

Major players operating in the glycerol market include IOI Oleochemical, Emery Oleochemicals, Kao Corporation, KLK OLEO, Oleon NV, Procter & Gamble Chemicals, Wilmar International Ltd., Musim Mas Group, Ecogreen Oleochemicals, and Croda International.

Other player operating in the glycerol market are Avenit AG, Suzhou Yuanfang Chemical Co. Ltd., Luojiang Chenming Biological Products Co., Ajinomoto Health & Nutrition North America, Inc., IRIS BIOTECH GMBH, Global Bio-chem Technology Group Company Limited, and Akzo Nobel N.V

Glycerol Market, by Source

The biodiesel segment accounted for 2,781.0 million in 2021 and is projected to attain 3,579.1 million in 2031, is expected to grow at a CAGR of 2.6% during the forecast period. This is attributed to the fact that glycerol is a key by-product in the manufacturing process of biodiesel and increased demand for biofuels.

Glycerol Market
By Source

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Biodiesel segment major market share in the glycerol market and is projected as the most lucrative segment.

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Glycerol Market, by Product

The refined glycerol segment accounted for the largest share of 77.1%, followed by crude glycerol segment, and is projected to grow at around 1.8% CAGR during the forecast period in terms of revenue. This is attributed to increased demand for refined glycerol from end-use industries such as pharmaceutical, personal care, and food & beverages.

Glycerol Market
By Product

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Refined Glycerol segment holds a dominant position in 2021 and would continue to maintain the lead over the forecast period.

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Glycerol Market, by End-Use Industry

On the basis of end-use industry, the personal care industry accounted for largest share of 28.3%, and is projected to grow at a CAGR of 2.1%. This is attributed to increase in consciousness regarding personal hygiene and appearance. Increased population will further boost the demand for personal care products, thus boosting the demand for glycerol.

Glycerol Market
By End-Use Industry

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Personal Care industry has garner major share in the glycerol market in 2021 and Pharmaceutical industry is projected as the most lucrative segment.

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Glycerol Market, by region

Asia-Pacific contributed the 54.1% market share in 2021, and is projected to grow at CAGR of 1.9% during the forecast period. The increasing population in the region is the major factor driving the demand for personal care products, food & beverages, and pharmaceutical, thus driving the demand for glycerol.

Glycerol Market
By Region

2031
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2021 and would continue to maintain the lead over the forecast period.

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Key Benefits For Stakeholders

  • The report provides in-depth analysis of the global glycerol market along with the current trends and future estimations.
  • The glycerol market size is provided in terms of kilotons and $million.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global glycerol market for strategy building.
  • A comprehensive market analysis covers the factors that drive and restrain the global glycerol market growth.
  • The qualitative data about glycerol market dynamics, trends, and developments is provided in the report.

Impact Of Covid-19 On The Global Glycerol Market

  • The outbreak of COVID-19 in China and it’s spread across numerous countries around the world halted the manufacturing activities of industrial sectors, which correspondingly hampered glycerol manufacturing.
  • In addition, the raw material procurement was hampered due to a lack of raw materials and a disrupted supply chain as a result of the COVID-19 outbreak.
  • The COVID-19 pandemic is further expected to have significant impact on industrial participants operations, indirectly and directly with respect to customer behaviors, labor shortages or stoppages, inventory, sales, businesses, and manufacturing operations. 
  • As per the companies operating in the market, there are numerous uncertainties about the COVID-19 pandemic, comprising the scope of scientific and health problems, the expected period of the pandemic, and the political & economic disturbance it might cause. 
  • Manufacturing as well as the supply regions witnessed economic slowdown due to lockdown.
  • Conversely, the packaged food industry witnessed increased sales and profit. The consumers were increasing inventories as much as possible in March 2020, i.e., the initial phase of pandemic. This increased demand for glycerol from the food & beverage industry.
  • The COVID-19 pandemic further boosted the demand for glycerol in the pharmaceutical industry. Individuals who were infected with COVID-19 were suffering from muscle and joint pain, which led to increased demand for anti-inflammatory and pain killer drugs, thus leading to increased demand for glycerol.
  • Personal care was one of the most affected sectors, owing to lockdown announced in several countries. Lockdown affected several construction and infrastructure projects due to supply chain disruptions and unavailability of workers.

Key Market Segments

  • By Source
    • Biodiesel
    • Fatty Alcohol
    • Fatty Acid
    • Others
  • By Product
    • Refined Glycerol
    • Crude Glycerol
  • By End-use Industry
    • Personal Care
    • Food & Beverage
    • Pharmaceutical
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Argentina
      • South Africa
      • Rest of LAMEA 
  • KEY MARKET PLAYERS
    • IOI Oleochemical
    • Emery Oleochemicals
    • Kao Corporation
    • KLK OLEO
    • Oleon NV
    • Procter & Gamble Chemicals
    • Wilmar International Ltd.
    • Musim Mas Group
    • Ecogreen Oleochemicals
    • Croda International
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.Key findings

2.2.1.Top investment pockets

2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the glycerol market

3.2.1.Bargaining power of the suppliers
3.2.2.Bargaining power of the buyers
3.2.3.Threat of new entrants
3.2.4.Threat of substitutes
3.2.5.Competitive rivalry

3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Increased adoption of natural products
3.3.1.2.Rise in biodiesel production to boost the glycerol supply and demand

3.3.2.Restraint

3.3.2.1.Fluctuating prices of raw materials

3.3.3.Opportunity

3.3.3.1.Surge in demand from emerging economics

3.4.Value chain
3.5.Pricing analysis
3.6.Impact of key regulations
3.7.Patent analysis, 2013–2021
3.8.Impact of COVID-19 outbreak on the glycerol market

CHAPTER 4:GLYCEROL MARKET, BY SOURCE

4.1.Overview

4.1.1.Market size and forecast

4.2.Biodiesel

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market analysis, by country

4.3.Fatty alcohol

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Fatty acid

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:GLYCEROL MARKET, BY PRODUCT

5.1.Overview

5.1.1.Market size and forecast

5.2.Refined glycerol

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Crude glycerol

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:GLYCEROL MARKET, BY END-USE INDUSTRY

6.1.Overview

6.1.1.Market size and forecast

6.2.Personal care

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Food & beverages

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Pharmaceutical

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:GLYCEROL MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by source
7.2.3.Market size and forecast, by product
7.2.4.Market size and forecast, by end-use industry
7.2.5.Market share analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by source
7.2.5.1.2.Market size and forecast, by product
7.2.5.1.3.Market size and forecast, by end-use industry

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by source
7.2.5.2.2.Market size and forecast, by product
7.2.5.2.3.Market size and forecast, by end-use industry

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by source
7.2.5.3.2.Market size and forecast, by product
7.2.5.3.3.Market size and forecast, by end-use industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by source
7.3.3.Market size and forecast, by product
7.3.4.Market size and forecast, by end-use industry
7.3.5.Market share analysis, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by source
7.3.5.1.2.Market size and forecast, by product
7.3.5.1.3.Market size and forecast, by end-use industry

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by source
7.3.5.2.2.Market size and forecast, by product
7.3.5.2.3.Market size and forecast, by end-use industry

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by source
7.3.5.3.2.Market size and forecast, by product
7.3.5.3.3.Market size and forecast, by end-use industry

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by source
7.3.5.4.2.Market size and forecast, by product
7.3.5.4.3.Market size and forecast, by end-use industry

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by source
7.3.5.5.2.Market size and forecast, by product
7.3.5.5.3.Market size and forecast, by end-use industry

7.3.5.6.Rest of Europe

7.3.5.6.1.Market size and forecast, by source
7.3.5.6.2.Market size and forecast, by product
7.3.5.6.3.Market size and forecast, by end-use industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by source
7.4.3.Market size and forecast, by product
7.4.4.Market size and forecast, by end-use industry
7.4.5.Market share analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by source
7.4.5.1.2.Market size and forecast, by product
7.4.5.1.3.Market size and forecast, by end-use industry

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by source
7.4.5.2.2.Market size and forecast, by product
7.4.5.2.3.Market size and forecast, by end-use industry

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by source
7.4.5.3.2.Market size and forecast, by product
7.4.5.3.3.Market size and forecast, by end-use industry

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by source
7.4.5.4.2.Market size and forecast, by product
7.4.5.4.3.Market size and forecast, by end-use industry

7.4.5.5.Australia

7.4.5.5.1.Market size and forecast, by source
7.4.5.5.2.Market size and forecast, by product
7.4.5.5.3.Market size and forecast, by end-use industry

7.4.5.6.Rest of Asia-Pacific

7.4.5.6.1.Market size and forecast, by source
7.4.5.6.2.Market size and forecast, by product
7.4.5.6.3.Market size and forecast, by end-use industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by source
7.5.3.Market size and forecast, by product
7.5.4.Market size and forecast, by end-use industry
7.5.5.Market share analysis, by country

7.5.5.1.Brazil

7.5.5.1.1.Market size and forecast, by source
7.5.5.1.2.Market size and forecast, by product
7.5.5.1.3.Market size and forecast, by end-use industry

7.5.5.2.Argentina

7.5.5.2.1.Market size and forecast, by source
7.5.5.2.2.Market size and forecast, by product
7.5.5.2.3.Market size and forecast, by end-use industry

7.5.5.3.South Africa

7.5.5.3.1.Market size and forecast, by source
7.5.5.3.2.Market size and forecast, by product

7.5.5.3.3.Market size and forecast, by end-use industry

7.5.5.4.Rest of LAMEA

7.5.5.4.1.Market size and forecast, by source
7.5.5.4.2.Market size and forecast, by product
7.5.5.4.3.Market size and forecast, by end-use industry

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2020

8.2.Competitive heatmap
8.3.Product mapping of top 10 players

CHAPTER 9:COMPANY PROFILES

9.1.Croda International

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance

9.2.ECOGREEN OLEOCHEMICALS

9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Product portfolio

9.3.Emery Oleochemicals

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio

9.4.IOI Group

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.Business performance

9.5.Kao Corporation

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Research and development
9.5.6.Business performance

9.6.KLK Oleo

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio

9.7.Musim Mas Group

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio

9.8.Oleon NV

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.Procter and Gamble Co.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance

9.10.Wilmar International

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio
9.10.5.Business performance

LIST OF TABLES

TABLE 01.GLOBAL GLYCEROL MARKET, BY SOURCE, 2022-2031 (KILOTON)
TABLE 02.GLOBAL GLYCEROL MARKET, BY SOURCE, 2022-2031 ($MILLION)
TABLE 03.GLYCEROL MARKET FOR BIODIESEL, BY REGION, 2022-2031 (KILOTON)
TABLE 04.GLYCEROL MARKET FOR BIODIESEL, BY REGION, 2022-2031 ($MILLION)
TABLE 05.GLYCEROL MARKET FOR FATTY ALCOHOL, BY REGION, 2022-2031 (KILOTON)
TABLE 06.GLYCEROL MARKET FOR FATTY ALCOHOL, BY REGION, 2022-2031 ($MILLION)
TABLE 07.GLYCEROL MARKET FOR FATTY ACID, BY REGION, 2022-2031 (KILOTON)
TABLE 08.GLYCEROL MARKET FOR FATTY ACID, BY REGION, 2022-2031 ($MILLION)
TABLE 09.GLYCEROL MARKET FOR MARKET FOR OTHER SOURCE, BY REGION, 2022-2031 (KILOTON)
TABLE 10.GLYCEROL MARKET FOR MARKET FOR OTHER SOURCE, BY REGION, 2022-2031 ($MILLION)
TABLE 11.GLOBAL GLYCEROL MARKET, BY PRODUCT, 2022-2031 (KILOTON)
TABLE 12.GLOBAL GLYCEROL MARKET, BY PRODUCT, 2022-2031 ($MILLION)
TABLE 13.GLYCEROL MARKET FOR REFINED GLYCEROL, BY REGION, 2022-2031 (KILOTON)
TABLE 14.GLYCEROL MARKETBY REFINED GLYCEROL, BY REGION, 2022-2031 ($MILLION)
TABLE 15.GLYCEROL MARKET FOR CRUDE GLYCEROL, BY REGION, 2022-2031 (KILOTON)
TABLE 16.GLYCEROL MARKET FOR CRUDE GLYCEROL, BY REGION, 2022-2031 ($MILLION)
TABLE 17.GLOBAL GLYCEROL MARKET, BY END-USE INDUSTRY, 2022-2031 (KILOTON)
TABLE 18.GLOBAL GLYCEROL MARKET, BY END-USE INDUSTRY, 2022-2031 ($MILLION)
TABLE 19.GLYCEROL MARKET FOR MARKET FOR PERSONAL CARE INDUSTRY, BY REGION, 2021-2031 (KILOTON)
TABLE 20.GLYCEROL MARKET FOR MARKET FOR PERSONAL CARE INDUSTRY, BY REGION, 2021-2031 ($MILLION)
TABLE 21.GLYCEROL MARKET FOR MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2021-2031 (KILOTON)
TABLE 22.GLYCEROL MARKET FOR MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2021-2031 ($MILLION)
TABLE 23.GLYCEROL MARKET FOR MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2021-2031 (KILOTON)
TABLE 24.GLYCEROL MARKET FOR MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2021-2031 ($MILLION)
TABLE 25.GLYCEROL MARKET FOR MARKET FOR OTHERS, BY REGION, 2021-2031 (KILOTON)
TABLE 26.GLYCEROL MARKET FOR MARKET FOR OTHERS, BY REGION, 2021-2031 ($MILLION)
TABLE 27.GLYCEROL MARKET, BY REGION, 2021-2031(KILOTON)
TABLE 28.GLYCEROL MARKET, BY REGION, 2021-2031($MILLION)
TABLE 29.NORTH AMERICA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 30.NORTH AMERICA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 31.NORTH AMERICA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 32.NORTH AMERICA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 33.NORTH AMERICA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 34.NORTH AMERICA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 35.NORTH AMERICA GLYCEROL MARKET, BY COUNTRY, 2021-2031(KILOTON)
TABLE 36.NORTH AMERICA GLYCEROL MARKET, BY COUNTRY, 2021-2031($MILLION)
TABLE 37.U.S. GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 38.U.S. GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 39.U.S. GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 40.U.S. GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 41.U.S. GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 42.U.S. GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 43.CANADA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 44.CANADA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 45.CANADA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 46.CANADA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 47.CANADA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 48.CANADA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 49.MEXICO GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 50.MEXICO GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 51.MEXICO GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 52.MEXICO GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 53.MEXICO GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 54.MEXICO GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 55.EUROPE GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 56.EUROPE GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 57.EUROPE GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 58.EUROPE GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 59.EUROPE GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 60.EUROPE GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 61.EUROPE GLYCEROL MARKET, BY COUNTRY, 2021-2031(KILOTON)
TABLE 62.EUROPE GLYCEROL MARKET, BY COUNTRY, 2021-2031($MILLION)
TABLE 63.GERMANY GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 64.GERMANY GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 65.GERMANY GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 66.GERMANY GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 67.GERMANY GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 68.GERMANY GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 69.FANCE GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 70.FRANCE GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 71.FRANCE GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 72.FRANCE GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 73.FRANCE GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 74.FRANCE GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 75.UK GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 76.UK GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 77.UK GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 78.UK GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 79.UK GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 80.UK GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 81.ITALY GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 82.ITALY GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 83.ITALY GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 84.ITALY GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 85.ITALY GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 86.ITALY GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 87.SPAIN GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 88.SPAIN GLYCEROL MARKET, BY SOURCE ($MILLION)
TABLE 89.SPAIN GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 90.SPAIN GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 91.SPAIN GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 92.SPAIN GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 93.REST OF EUROPE GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 94.REST OF EUROPE GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 95.REST OF EUROPE GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 96.REST OF EUROPE GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 97.REST OF EUROPE GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 98.REST OF EUROPE GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 99.ASIA-PACIFIC GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 100.ASIA-PACIFIC GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 101.ASIA-PACIFIC GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 102.ASIA-PACIFIC GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 103.ASIA-PACIFIC GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 104.ASIA-PACIFIC GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 105.ASIA-PACIFIC GLYCEROL MARKET, BY COUNTRY, 2021-2031(KILOTON)
TABLE 106.ASIA-PACIFIC GLYCEROL MARKET, BY COUNTRY, 2021-2031($MILLION)
TABLE 107.CHINA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 108.CHINA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 109.CHINA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 111.CHINA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 112.CHINA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 113.CHINA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 114.JAPAN GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 115.JAPAN GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 116.JAPAN GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 118.JAPAN GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 119.JAPAN GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 120.JAPAN GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 121.INDIA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 122.INDIA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 123.INDIA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 125.INDIA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 126.INDIA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 127.INDIA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 128.SOUTH KOREA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 129.SOUTH KOREA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 130.SOUTH KOREA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 132.SOUTH KOREA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 133.SOUTH KOREA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 134.SOUTH KOREA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 135.AUSTRALIA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 136.AUSTRALIA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 137.AUSTRALIA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 139.AUSTRALIA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 140.AUSTRALIA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 141.AUSTRALIA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 142.REST OF ASIA-PACIFIC GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 143.REST OF ASIA-PACIFIC GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 144.REST OF ASIA-PACIFIC GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 146.REST OF ASIA-PACIFIC GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 147.REST OF ASIA-PACIFIC GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 148.REST OF ASIA-PACIFIC GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 149.LAMEA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 150.LAMEA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 151.LAMEA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 152.LAMEA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 153.LAMEA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 154.LAMEA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 155.LAMEA GLYCEROL MARKET, BY COUNTRY, 2021-2031(KILOTON)
TABLE 156.LAMEA GLYCEROL MARKET, BY COUNTRY, 2021-2031($MILLION)
TABLE 157.BRAZIL GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 158.BRAZIL GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 159.BRAZIL GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 160.BRAZIL GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 161.BRAZIL GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 162.BRAZIL GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 163.ARGENTINA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 164.ARGENTINA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 165.ARGENTINA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 166.ARGENTINA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 167.ARGENTINA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 168.ARGENTINA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 169.SOUTH AFRICA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 170.SOUTH AFRICA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 171.SOUTH AFRICA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 172.SOUTH AFRICA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 173.SOUTH AFRICA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 174.SOUTH AFRICA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 175.REST OF LAMEA GLYCEROL MARKET, BY SOURCE, 2021-2031(KILOTON)
TABLE 176.REST OF LAMEA GLYCEROL MARKET, BY SOURCE, 2021-2031($MILLION)
TABLE 177.REST OF LAMEA GLYCEROL MARKET, BY PRODUCT, 2021-2031(KILOTON)
TABLE 178.REST OF LAMEA GLYCEROL MARKET, BY PRODUCT, 2021-2031($MILLION)
TABLE 179.REST OF LAMEA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031(KILOTON)
TABLE 180.REST OF LAMEA GLYCEROL MARKET, BY END-USE INDUSTRY, 2021-2031($MILLION)
TABLE 181.CRODA: COMPANY SNAPSHOT
TABLE 182.CRODA: OPERATING SEGMENTS
TABLE 183.CRODA: PRODUCT PORTFOLIO
TABLE 184.CRODA: NET SALES,2018–2020 ($MILLION)
TABLE 185.ECOGREEN: KEY EXECUTIVES
TABLE 186.ECOGREEN: COMPANY SNAPSHOT
TABLE 187.ECOGREEN: PRODUCT PORTFOLIO
TABLE 188.EMERY: COMPANY SNAPSHOT
TABLE 189.EMERY: PRODUCT PORTFOLIO
TABLE 190.IOI: COMPANY SNAPSHOT
TABLE 191.IOI: OPERATING SEGMENTS
TABLE 192.IOI: PRODUCT PORTFOLIO
TABLE 193.IOI:NET SALES, 2019–2021 ($MILLION)
TABLE 194.KAO: COMPANY SNAPSHOT
TABLE 195.KAO: OPERATING SEGMENTS
TABLE 196.KAO: PRODUCT PORTFOLIO
TABLE 197.KAO: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 198.KAO: NET SALES, 2018–2020 ($MILLION)
TABLE 199.KLK: COMPANY SNAPSHOT
TABLE 200.KLK: PRODUCT PORTFOLIO
TABLE 201.MUSIM: COMPANY SNAPSHOT
TABLE 202.MUSIM: OPERATING SEGMENTS
TABLE 203.MUSIM: PRODUCT PORTFOLIO
TABLE 204.OLEON: COMPANY SNAPSHOT
TABLE 205.OLEON: PRODUCT PORTFOLIO
TABLE 206.P&G: COMPANY SNAPSHOT
TABLE 207.P&G: OPERATING SEGMENTS
TABLE 208.P&G: PRODUCT PORTFOLIO
TABLE 209.P&G: NET SALES, 2019–2021 ($MILLION)
TABLE 210.WILMAR: COMPANY SNAPSHOT
TABLE 211.WILMAR: OPERATING SEGMENTS
TABLE 212.WILMAR: PRODUCT PORTFOLIO
TABLE 213.WILMAR: NET SALES, 2018–2020 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL GLYCEROL MARKETSNAPSHOT, BY SEGMENTION, 2021-2031
FIGURE 03.GLYCEROL MARKET SNAPSHOT, BY COUNTRY, 2021-2031
FIGURE 04.TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.HIGH BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.GLOBAL GLYCEROL MARKETDYNAMICS
FIGURE 11.VALUE CHAIN
FIGURE 12.PRICING ANALYSIS, BY PRODUCT
FIGURE 13.PRICING ANALYSIS, BY REGION
FIGURE 14.PATENT ANALYSIS, BY COUNTRY
FIGURE 15.PATENT ANALYSIS, BY APPLICANT
FIGURE 16.PATENT ANALYSIS, BY INVENTOR
FIGURE 17.GLOBAL GLYCEROL MARKET, BY SOURCE, 2021–2031 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF L GLYCEROL MARKET FOR BIODIESEL BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF GLYCEROL MARKET FOR FATTY ALCOHOL, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF GLYCEROL MARKET FOR FATTY ACID, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF OTHER GLYCEROL MARKET, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 22.GLOBAL GLYCEROL MARKET, BY PRODUCT, 2021–2031 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF REFINED GLYCEROLGLYCEROL MARKET, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 24.COMPARATIVE ANALYSIS OF GLYCEROL MARKETFOR CRUDE GLYCEROL, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 25.GLOBAL GLYCEROL MARKET, BY END-USE INDUSTRY, 2021–2031 ($MILLION)
FIGURE 26.COMPARATIVE ANALYSIS OF GLYCEROL MARKET FOR MARKET FOR PERSONAL CARE INDUSTRY, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 27.COMPARATIVE ANALYSIS OF GLYCEROL MARKET FOR MARKET FOR FOOD & BEVERAGE INDUSTRY, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 28.COMPARATIVE ANALYSIS OF GLYCEROL MARKET FOR MARKET FOR PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2021 & 2031 (MILLION)
FIGURE 29.COMPARATIVE ANALYSIS OF GLYCEROL MARKET FOR MARKET FOR OTHERS, BY COUNTRY, 2021 & 2031 ($MILLION)
FIGURE 30.GLYCEROL MARKET, BY REGION, 2021–2031 ($MILLION)
FIGURE 31.U.S. GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 32.CANADA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 33.MEXICO GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 34.GERMANY GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 35.. FRANCE GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 36.UK GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 37.ITALY GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 38.SPAIN GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 39.REST OF EUROPE GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 40.CHINA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 41.JAPAN GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 42.INDIA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 43.SOUTH KOREA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 44.AUSTRALIA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 46.BRAZIL GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 47.ARGENTINA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 48.SOUTH AFRICA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 49.REST OF LAMEA GLYCEROL MARKET REVENUE, 2021-2031($MILLION)
FIGURE 50.MARKET PLAYER POSITIONING, 2020
FIGURE 51.COMPETITIVE HEATMAP
FIGURE 52.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 54.CRODA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.CRODA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 56.IOI: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.IOI: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 58.KAO: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 59.KAO: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.KAO: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.KAO: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.P&G: NET SALES, 2019–2021 ($MILLION)
FIGURE 63.P&G: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 64.P&G: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 65.WILMAR: NET SALES, 2018–2020 ($MILLION)
FIGURE 66.WILMAR: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.WILMAR: REVENUE SHARE BY REGION, 2020 (%)


 
 

According to the insights of the CXOs of leading companies, the global glycerol market is anticipated to exhibit high growth potential, owing to increased demand for glycerol from end-user industries such as personal care, food & beverages, pharmaceutical, and manufacturing & processing. The demand from food & beverages industry is increasing as glycerol is used in many foods glycerol is a humectant, solvent, and sweetener that may improve in the preservation of foods. Furthermore, it is used as a thickening agent in liqueurs and utilized as a filler in low-fat dishes that are manufactured commercially. Owing to the COVID-19 pandemic, the use of sanitizers increased the demand from pharmaceutical industry.

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A. Rapid urbanization and industrialization is boosting the demand for glycerol.

A. The glycerol market was valued at $4.3 billion in 2021, and is projected to reach $5.1 billion by 2031, growing at a CAGR of 1.7% from 2022 to 2031.

A. IOI Oleochemical, Emery Oleochemicals, Kao Corporation, KLK OLEO, Oleon NV are some of the most established players.

A. Pharmaceutical industry is projected to increase the demand for glycerol.

A. By Source o Biodiesel o Fatty Alcohol o Fatty Acid o Others • By Product o Refined Glycerol o Crude Glycerol • By End-use Industry o Personal Care o Food & Beverage o Pharmaceutical o Others

A. Increased demand from end-use industries like pharmaceutical and personal care is the main driver of glycerol market.

A. Increased demand for hand sanitizer during covid-19 has increased the demand for glycerol. The demand for personal hygiene products is predicted to increase owing to increased awareness about personal cleanliness. This will increased the demand for glycerol in 2022.

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