Glycerol Market to Advance at CAGR of 6.3% During 2021-2031, Asserts TMR Study
- Massive utilization of physical and chemical properties of glycerol in personal care industry to spur revenue generation during forecast period; rising application in manufacture of skin care products to catalyze sales
- Asia Pacific glycerol market to witness vast lucrative avenues; massive demand in various industrial applications to bolster growth
ALBANY, N.Y., March 14, 2022 /PRNewswire/ -- The use of glycerol has considerably expanded in cosmetic, pharmaceutical, and food applications, spurring the production volumes in the glycerol market. Predominantly obtained as a by-product of bio-diesel production, supply has proliferated over the years independently of the demand. The global valuation of the glycerol market is projected to reach US$ 454.1 Bn by 2031.
Rise in investments by firms in cosmetics and personal care product manufacturing has spurred the demand for glycerol, expanding the avenue for the growth of the glycerol market. Massive utilization of glycerol in several industries has made it a popular platform chemical. Its use as GRAS (generally recognized as safe) additive and its increased popularity as natural constituent are propelling the utilization of glycerol in the food & beverages industry as a solvent.
Get PDF Brochure for More Insights – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=917
The use of the chemical in a number of personal care products and pharmaceuticals are generating massive profitable avenues for firms in the glycerol market, find the analysts in an in-depth TMR study. Additionally, its steady use in textile and healthcare industries has helped boost the revenue streams for players in the glycerol market.
Key Findings of Glycerol Market Study
- Use in Skin Care Products to Offer Value-grab Opportunities: The use of glycerol has risen in a wide range of personal care products such as toothpaste, hair care products, soaps, and increasingly in skin care products. The demand from the personal care industry is expected to proliferate, thus fueling the revenue potential in the glycerol market. Of note, glycerol has been popularized as a moisturizing agent in several skin care products. Thus, thriving sales of moisturizing skincare products in developing economies have catalyzed revenue growth, assert the analysts in a detailed assessment of the glycerol market.
Get Covid 19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=917
- Multiple End-use Industries Benefit from Unique Properties: Rise in demand for glycerol in multiple industries has steered the valuation growth of the market, finds the in-depth TMR study. Moreover, it has therapeutic benefit in patients with glaucoma and for cerebral edema. Of note, biodiesel-derived glycerol has witnessed predominant use to cater to the demands in various end-use industries.
- Application in Food & Beverages Industry to Catalyze Revenue Gains: Products in the glycerol market are growing in utilization in commercially prepared low-fat foods. In addition, its use as humectant, sweetener, and solvent in food & beverages industries has generated sizable sales.
Glycerol Market: Key Drivers
- Glycerol purification methods have undergone continuous advancements over the years, making its production more cost-effective. Subsequently, the chemical's use has become more versatile than ever, where end-use industries are benefitting from the bevy of chemical, physical, and biological properties.
- Growing commercial value of the glycerol in various industrial applications has nudged manufacturers to expand their units across the globe, thereby underpinning the revenue potential in the glycerol market.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=917
Glycerol Market: Regional Growth Dynamics
- Asia Pacific is anticipated to hold a major share of the global glycerol market during the forecast period of 2021–2031. The opportunities have been fueled by strides made in personal care and cosmetics industry across the region.
- The use in several applications has also proliferated especially in emerging economies, thus expanding the valuation of the Asia Pacific glycerol market.
Glycerol Market: Prominent Companies
Some of the key players in the glycerol market are Sofiproteol Group, Godrej Industries Ltd., Dow Chemicals, Wilmar International, Croda, Kuala Lumpur Berhad, Emery Oleochemicals, IOI Group, and P&G Chemicals.
Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=917
Global Glycerol Market: Segmentation
Glycerol Market, by Production Source
- Biodiesel
- Fatty Acids
- Fatty Alcohols
- Soap Industry
Glycerol Market, by Application
- Personal Care and Pharmaceuticals
- Alkyd Resins
- Foods and Beverages
- Polyether Polyols
- Tobacco Humectants
- Others (including Explosives, Textile, and Paper)
Glycerol Market, by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Explore Transparency Market Research's award-winning coverage of the global Chemicals & Materials:
Glycerin Market - https://www.transparencymarketresearch.com/glycerin-market.html
Flexible Foam Market - https://www.transparencymarketresearch.com/flexible-foam-market.html
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Access MarketNgage: The On Demand, Subscription based platform from Transparency Market Research
Now avail flexible Market Research Subscription through MarketNgage, the Market Research Subscription Platform from Transparency Market Research and other iconic market research powerhouses. Go beyond just reports and access research multi-format through downloadable executive summaries, chapters, databooks, infographics, charts, interactive playbook for data visualization and full reports across all major industries, 200+ sub sectors and 1200+ niche markets, through MarketNgage.
Sign Up for a 7 day free trial!
Contact
Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/glycerol-market.htm
SOURCE Transparency Market Research
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO89396&Transmission_Id=202203132030PR_NEWS_USPR_____IO89396&DateId=20220313)
Share this article