Glycerin - Global Strategic Business Report

The global market for Glycerin is estimated at US$2.8 Billion in 2023 and is projected to reach US$4.4 Billion by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the glycerin market is driven by several factors, including the increased demand for bio-based chemicals and sustainable solutions across industries, innovations in downstream applications, and stringent environmental regulations promoting biodegradability. Pharmaceutical & medical along with food & beverages represent high-value applications of glycerin. The de-icing and antifreeze applications as an alternative to ethylene glycols and propylene are anticipated to offer lucrative opportunities over the coming years. In addition, increasing demand for natural personal care products is bound to further boost glycerin demand. The booming personal care industry, especially in emerging markets, is another significant driver, as consumers seek products with natural ingredients that offer hydration and skin benefits. The expansion of the food and beverage sector globally also contributes to the demand for glycerin as a food additive. Furthermore, the shift towards producing biodiesel as an alternative to traditional fossil fuels has resulted in increased glycerin production as a valuable byproduct, thereby boosting its supply and applications in diverse sectors.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Transesterification Process segment, which is expected to reach US$2.1 Billion by 2030 with a CAGR of a 7.1%. The Saponification Process segment is also set to grow at 5.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $437.6 Million in 2023, and China, forecasted to grow at an impressive 8.6% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Glycerin Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Glycerin Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Glycerin Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as BASF SE, Cargill, Inc., Archer Daniels Midland Company, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 92 Featured):

• BASF SE
• Cargill, Inc.
• Archer Daniels Midland Company
• Croda International PLC
• Adeka Corporation
• AAK AB
• Aemetis, Inc.
• Baerlocher GmbH
• Ecogreen Oleochemicals (Singapore) Pte., Ltd.
• Benefuel, Inc.
• Cremer Oleo GmbH & Co. KG
• Aekyung Petrochemical Co. Ltd.
• Avril SCA
• C. Thywissen GmbH
• Dr. McGrath`s