logo
logo
Sign in

Glycerin Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2020–2027

avatar
RonanMary
Glycerin Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2020–2027

The global glycerin market is forecast to reach USD 4.26 Billion by 2027, according to a new report by Reports and Data. Glycerin or Glycerine is a simple polyol organic compound having multiple hydroxyl groups with a clear, odorless, viscous liquid formation. This viscous liquid naturally comes with a sweet taste. It is derived from both natural and synthetic sources. Glycerin is widely obtained through the transesterification process where animal fats or vegetable oils are mixed with alcohol in the presence of a catalyst. The global glycerin market is growing at a substantial pace due to the growing demand for glycerin in consumer goods applications such as personal care, cosmetics, tobacco humectants and personal lubricants, to name a few. The refined glycerin is extensively in demand as the traditional market such as consumer goods and food & beverages are solely dependent upon refined glycerin.

The Asia Pacific market is forecasted to generate the highest revenue of USD 1.63 Billion in the year 2027, owing to its extensive demand in consumer goods, such as personal care, cosmetics, and others. China and the United States are likely to retain their superiority with the highest rate of consumption of refined glycerin. China and India are some of the fastest-growing markets globally, while Germany and the United States hold some of the most prominent players in the market.

Request Free Sample: https://www.reportsanddata.com/sample-enquiry-form/2347

Key participants include Wilmar International Ltd., Godrej Industries, Croda International PLC, P&G Chemicals, Emery Oleochemicals, Cargill Incorporated, IOI Oleo GmbH, Dow Chemical Company, Kuala Lumpur Kepong Berhad, and KAO Corporation.

Further key findings from the report suggest

  • Nitroglycerin, an essential ingredient used in the processing of various explosives such as dynamite, gelignite, and the smokeless propellants namely cordite, requires glycerin as the chemical intermediate.
  • The food-grade edible glycerin is used in the low-fat frozen yogurts, icy desserts, and ice creams, among others. The glycerin are used to prevent the formation of the ice crystals in the frozen foods. The food & beverages segment is expected to grow at a CAGR of 4.8% in the period 2019 to 2027.
  • Glycerine which comes as a product of chemical reactions beginning with synthetic source, and petroleum, fall under this sub-segment. However, the market for this sub-segment synthetic glycerine is expected to gradually diminish in the forthcoming period, since the natural source of glycerin is readily available as a byproduct of several industrial usage.
  • European region is forecasted to witness a significant growth in the overall market, with 25.6% of market possession by 2027, having grown with a CAGR of 3.1% during the forecast period. Germany holds some of the most prominent players in this region.
  • North America, is accounted to retain a significant position in the global market with a market share of about 25.8% by 2027, with a CAGR of 4.9% during the forecast period.

Read More: https://www.reportsanddata.com/report-detail/glycerin-market

For the purpose of this report, Reports and Data have segmented the global glycerin market on the basis of type of glycerin, processing, source, end-use verticals, and region:

Type of Glycerin Outlook (Revenue, USD Billion; Unit, Million Tons 2016-2027)

  • Crude
  • Refined

Processing Outlook (Revenue, USD Billion; Unit, Million Tons 2016-2027)

  • Transesterification
  • Saponification
  • Fat Splitting

Source Outlook (Revenue, USD Billion; Unit, Million Tons 2016-2027)

  • Vegetable Oil
  • Petroleum
  • Animal Fat
  • Soaps

End-Use Verticals Outlook (Revenue, USD Billion; Unit, Million Tons 2016-2027)

  • Medical & Pharmaceuticals
  • Chemical Intermediate
  • Food & Beverages
  • Consumer Goods
  • Industrial Usage
  • Others

Ask For Discount: https://www.reportsanddata.com/discount-enquiry-form/2347

Regional Outlook (Revenue, USD Billion; Unit, Million Tons 2016-2027)

  • North America
  • US.
  • Europe
  • UK
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • MEA
  • Latin America
  • Brazil

Request For Customization: https://www.reportsanddata.com/request-customization-form/2347

Thank you for taking out time to read our report. We also offer report customization according to client’s requirement. Kindly connect with us to know more about customization plan and our team will offer you the report as per the modifications.

About Us:

Our in-house experts assist our clients with advice based on their proficiency in the market that helps them in creating a compendious database for the clients. Our team offers expert insights to clients to guide them through their business ventures. We put in rigorous efforts to keep our clientele satisfied and focus on fulfilling their demands to make sure that the end-product is what they desire. We excel in diverse fields of the market and with our services extending to competitive analysis, research and development analysis, and demand estimation among others, we can help you invest your funds in the most beneficial areas for research and development.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com/

Direct Line: +1-212-710-1370

E-mail: [email protected]

collect
0
avatar
RonanMary
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more