Press release
Glycerol Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research
Glycerol Market
๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Glycerol, a compound that is sweet, colorless, and odorless, is seeing substantial growth in the worldwide market because of its various uses. Glycerol is commonly used in personal care products, pharmaceuticals, food and beverages, and industrial processes, and can be sourced from vegetable oils, animal fats, or synthetically produced. The glycerol market is growing due to the increased need for biofuels and the rising demand for natural and organic personal care products. The rising demand for biodiesel and biofuel production, driven by the EU's renewable energy initiatives, generates surplus crude glycerol, boosting market growth. Glycerol's moisturizing properties make it a popular ingredient in skincare and cosmetics, with brands like L'Orรฉal and Unilever incorporating it into their formulations. In pharmaceuticals, glycerol enhances liquid medications, cough syrups, and pediatric medicines. Additionally, it serves as a sweetener, humectant, and stabilizer in the food and beverage industry, particularly in low-sugar products, aligning with consumer preferences for natural and healthier ingredients, further driving glycerol market expansion. The glycerol market is experiencing growth due to its use in the expanding e-cigarette industry, where it is a key ingredient in e-liquids.
Additionally, glycerol serves as a softening agent in textile manufacturing and plays a crucial role in medical applications, including suppositories and injectables. Its importance as a raw material in producing polyurethane foams further drives demand. The shift toward sustainability and bio-based products enhances glycerol's appeal, especially in producing bio-based solvents and materials for 3D printing, where researchers are developing biodegradable options, highlighting glycerol's versatility in various industries. The Major Key players are the Archer Daniels Midland Company (ADM), DowDuPont Inc, Wilmar International Limited, Cargill, Incorporated, and Vantage Specialty Ingredients, etc. The Asia-Pacific region dominates the glycerol market, led by China, India, and Japan. China's booming cosmetics industry and food processing sector fuel glycerol demand, with retail sales in beauty products reaching USD 57.74 billion in 2021. Japan, as a major pharmaceutical market, produced 35.3 thousand tonnes of refined glycerol, highlighting its industrial importance. In India, the Swachh Bharat Mission and the growing pharmaceutical and soap industries drive glycerol consumption. These factors contribute to the region's strong market performance.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐ :https://www.maximizemarketresearch.com/request-sample/34532/
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
In July 2023, Louis Dreyfus Company announced its expansion of refining capacity in Indonesia. This plan includes the addition of a new glycerine refining capacity in the country.
In January 2023, Xylome released two sustainable alternatives to Refined Bleached and Deoderized palm oil, created through precision fermentation of yeast. These products replaced traditional palm oil in various applications.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.maximizemarketresearch.com/request-sample/34532/
๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Crude
Refined
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Biodiesel
Fatty Acids
Fatty Alcohols
Soap Industry
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Food & Beverage
Pharmaceutical
Nutraceutical
Personal Care & Cosmetics
Industrial
Others
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/34532/
๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
Archer Daniels Midland Company (ADM), Chicago, Illinois, USA
DowDuPont Inc., Midland, Michigan, USA
Wilmar International Limited, Singapore
Cargill, Incorporated, Wayzata, Minnesota, USA
Vantage Specialty Ingredients, Chicago, Illinois, USA
๐๐ฎ๐ซ๐จ๐ฉ๐
Croda International Plc, Snaith, United Kingdom
IOI Loders Cropland, Wormerveer, Netherlands
Kao Chemicals Europe, Barcelona, Spain
Sasol Germany GmbH, Hamburg, Germany
Vantage Specialty Ingredients, Ilkeston, United Kingdom
Croda Deutschland GmbH, Hamburg, Germany
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐
IOI Corporation Berhad, Putrajaya, Malaysia
Godrej Industries Limited, Mumbai, India
Emery Oleochemicals, Shah Alam, Malaysia
Kao Corporation, Tokyo, Japan
Palm Oleo Sdn Bhd, Selangor, Malaysia
Musim Mas Group, Jakarta, Indonesia
Pacific Oleochemicals Sdn Bhd, Selangor, Malaysia
PT Smart Tbk, Jakarta, Indonesia
Shandong Head Co. Ltd, Shandong, China
Kao (Malaysia) Sdn Bhd, Selangor, Malaysia
VVF Limited, Mumbai, India
Vance Bioenergy Sdn Bhd, Johor, Malaysia
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/global-glycerol-market/34532/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐ฒ๐๐๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is the Segmentation in the Global Glycerol Market report?
Which region is expected to hold the highest share in the Global Glycerol Market?
What is the market size of the Global Glycerol Market by 2030?
What is the forecast period for the Global Glycerol Market?
What was the market size of the Global Glycerol Market in 2023?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Glycerol Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Glycerol Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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