Glycerol is a sugar by-product derived from sugar cane that is found primarily in raw fruits and vegetables. It is also produced in the small intestine and liver. Glycerol is a simple polyols compound. It's a yellowish, colorless, tasteless, and non-toxic fluid. The glycerol backbone is found in lipids, which are lipids. Glycerol is often utilized in FDA-approved cold and wound removers due to its numerous health advantages. Because of its capacity to extract moisture and repair damaged cells, it is useful in treating painful disorders. Because of its capacity to alter form and become sticky when needed, glycerol is also utilized in the treatment of periodontitis and its gum disease-related problems.

Market Dynamics:

The increasing demand for glycerol from the personal care industry and the growing demand for biodiesel from the transportation industry are driving the growth of the global glycerol market. Moreover, there is an increasing application of glycerol in the pharmaceutical industry which is again fostering the growth of the market.

On the other hand, a costly refining process is expected to restrict the market growth.

Key features of the study:

• This report provides an in-depth analysis of the global glycerol market, and provides market size (US$ 2914.9 Million) and Compound Annual Growth Rate (CAGR 7.4%) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global glycerol market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• The key companies covered as a part of this study include Proctor & Gamble Chemicals, Dial Corporation, Croda, Dow Chemicals, Godrej Industries Ltd., Emery Oleochemicals, IOI Group, Kuala Lumpur Kepong Berhad, Wilmar International, and Sofiprotéol Group
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global glycerol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glycerol market

Detailed Segmentation:

• Global Glycerol Market, By Source:
  • Bio-Diesel
  • Fatty acid
  • Fatty Alcohol
  • Soap Industry
• Global Glycerol Market, By Application:
  • Personal Care & Pharmaceutical
  • Alkyd Resin
  • Food & Beverages
  • Polyether Polyols
  • Tobacco Humectants
  • Other ( Including Explosives)
• Global Glycerol Market, By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
• Company Profiles
  • Proctor & Gamble Chemicals
  • Dial Corporation
  • Croda
  • Dow Chemicals
  • Godrej Industries Ltd.
  • Emery Oleochemicals
  • IOI Group
  • Kuala Lumpur Kepong Berhad
  • Wilmar International
  • Sofiprotéol Group