Global Glycerin Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Glycerin Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Grade (Crude Glycerin, and Refined Glycerin), Source (Biodiesels, Fatty Acids, Fatty Alcohols, and Others), Application (Pharmaceuticals, Food and Beverage, Alkyd Resins, Personal Care and Cosmetics, Industrial Chemicals, Polyether Polyols, Tobacco Humectants, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Glycerin Market was valued at USD 2,571.1 million in 2023 and is expected to reach USD 3,886.4 million by 2031 while growing at a CAGR of 5.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global glycerin market growth. Glycerin, or glycerol, is a trihydric alcohol with a sweet taste, appearing as a colorless, odorless, and viscous liquid. It serves as a crucial compound in diverse chemical and industrial processes, as well as in various consumer products. This naturally occurring substance can be derived from both plant and animal sources.
Increasing demand in Pharmaceutical and Healthcare Applications, as well as Biodiesel Production, propels the glycerin market forward, overcoming challenges like Fluctuations in Raw Material Prices and Environmental Concerns.
Furthermore, the global Glycerin industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Grade Analysis
The Global Glycerin Market is segmented among Crude Glycerin, and Refined Glycerin, based on Grade. In 2023, Refined Glycerin accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Source Analysis
The Global Glycerin Market is segmented among Biodiesels, Fatty Acids, Fatty Alcohols, and Others, based on Source. In 2023, Biodiesels accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Glycerin Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Archer Daniels Midland Company, Aemetis, BASF SE, Biodex-SA, Cargill Incorporated, Dow, Emery Oleochemicals, Godrej Industries Limited, IOI Corporation Berhad, Kao Corporation.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Glycerin Market Dynamics
Drivers
Restraints
Opportunity
4. Global Glycerin Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Glycerin Market Segmentation, By Grade
Global Glycerin Market Share Analysis, By Grade
Global Glycerin Market Growth Analysis, By Grade
Global Glycerin Market Trends, By Grade
o Crude Glycerin
o Refined Glycerin
6. Global Glycerin Market Segmentation, By Source
Global Glycerin Market Share Analysis, By Source
Global Glycerin Market Growth Analysis, By Source
Global Glycerin Market Trends, By Source
o Biodiesels
o Fatty Acids
o Fatty Alcohols
o Other
7. Global Glycerin Market Segmentation, By Application
Global Glycerin Market Share Analysis, By Application
Global Glycerin Market Growth Analysis, By Application
Global Glycerin Market Trends, By Application
o Pharmaceuticals
o Food and Beverage
o Alkyd Resins
o Personal Care and Cosmetics
o Industrial Chemicals
o Polyether Polyols
o Tobacco Humectants
o Other
8. Global Glycerin Market Segmentation, By Region
Global Glycerin Market Share Analysis, By Region
Global Glycerin Market Growth Analysis, By Region
Global Glycerin Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Archer Daniels Midland Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Aemetis
BASF SE
Biodex-SA
Cargill Incorporated
Dow
Emery Oleochemicals
Godrej Industries Limited
IOI Corporation Berhad
Kao Corporation
*Similar analysis will be provided for each company listed above.