The global glycerol derivatives market size is expected to reach USD 26.48 billion by 2030 expanding at a CAGR of 6.5% from 2023 to 2030. The increasing demand from end-use industries such as construction, transportation, pharmaceutical, food & beverages, and cosmetics is the major driving factor for the growth of the market globally. They are used as an emulsifier in the production of low-fat spreads such as frozen desserts and peanut butter. Increasing consumption of emulsifiers in food & beverage application is anticipated to boost the product demand in the coming years.
In addition, they are used as solvents in a wide range of personal care & cosmetic products as they help dissolve ingredients and improve the spreadability of the products. They are also used as emulsifying agents in personal care and cosmetic products. They help keep the ingredients in the product evenly mixed by preventing separation. In addition, they are used as hair care ingredients to moisturize, condition, and improve the overall appearance of the hair. The higher penetration of glycerol derivatives in the personal care & cosmetics industry coupled with rising usage of the product globally is expected to have a positive impact on the market.
The demand for biofuels is driving the growth of the glycerol derivatives market as glycerol derivatives are used as raw materials in the production of biofuels. The growing demand for biofuels is due to rising concerns over climate change and the need for sustainable energy sources, as well as the desire to reduce dependence on crude oil. Biofuels are considered a promising alternative to traditional fossil fuels as they emit lower levels of greenhouse gases and are produced domestically. As the demand for biofuels continues to grow, the demand for glycerol derivatives is expected to increase, thereby driving the market growth.
Some of the top manufacturers and suppliers of glycerol derivatives operating in the global market are Croda International plc, Cargill, Incorporated, Sasol, DuPont, Lonza, Stephan Company, and others. These market players are striving to maintain the quality of their products as well as undertake various strategic initiatives to dominate the top position in the global market for glycerol derivatives.
In addition, they are used as solvents in a wide range of personal care & cosmetic products as they help dissolve ingredients and improve the spreadability of the products. They are also used as emulsifying agents in personal care and cosmetic products. They help keep the ingredients in the product evenly mixed by preventing separation. In addition, they are used as hair care ingredients to moisturize, condition, and improve the overall appearance of the hair. The higher penetration of glycerol derivatives in the personal care & cosmetics industry coupled with rising usage of the product globally is expected to have a positive impact on the market.
The demand for biofuels is driving the growth of the glycerol derivatives market as glycerol derivatives are used as raw materials in the production of biofuels. The growing demand for biofuels is due to rising concerns over climate change and the need for sustainable energy sources, as well as the desire to reduce dependence on crude oil. Biofuels are considered a promising alternative to traditional fossil fuels as they emit lower levels of greenhouse gases and are produced domestically. As the demand for biofuels continues to grow, the demand for glycerol derivatives is expected to increase, thereby driving the market growth.
Some of the top manufacturers and suppliers of glycerol derivatives operating in the global market are Croda International plc, Cargill, Incorporated, Sasol, DuPont, Lonza, Stephan Company, and others. These market players are striving to maintain the quality of their products as well as undertake various strategic initiatives to dominate the top position in the global market for glycerol derivatives.
Glycerol Derivatives Market Report Highlights
- Bio-based is the largest growing grade segment with a CAGR of 6.7% on the account of its environmentally friendly and sustainable aspects compared to traditional petroleum-based derivatives.
- The polyglycerol product segment will grow significantly during the forecast period, due to its non-toxic property, and also it is suitable for use in various food and cosmetic products. In addition, compared to other emulsifiers and moisturizers, polyglycerol has low-calorie content.
- 1 3 propanediol product segment will grow at the highest CAGR of 8.9%. As it t is used as a solvent, humectant, and raw material in the production of various personal care, cosmetic, and industrial products. It is a bio-degradable, more sustainable alternative to its counterparts, i.e., petroleum-based products
- Asia Pacific is the fastest-growing region with a CAGR of 7.4%, on the account of the increasing pharmaceutical industry in the region. The increasing prevalence of medicinal disorders and the development of the healthcare sector is likely to create growth opportunities for the market
- The key players such as Croda International plc, Cargill, Incorporated, Sasol, DuPont, Lonza, and Stephan Company are constantly involved in new product development and are also focusing on improving their supply chain management and distribution network.
Table of Contents
Chapter 1 Methodology And Scope1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 Information Analysis
1.5 Market Formulation & Data Visualization
1.6 Data Validation & Publishing
1.6.1 List Of Data Sources
1.7 Research Scope And Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 Glycerol Derivatives Market: Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Glycerol Market Outlook
3.1.2 Global Glycerol Derivatives Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trend
3.3.2 Manufacturing & Technology Trend
3.3.3 Sales Channel Analysis
3.4 Regulatory Framework, By Region
3.4.1 North America
3.4.1.1 U.S. Food & Drug Administration (CFR - Code Of Federal Regulations Title 21)
3.4.1.2 Code Of Federal Regulations
3.4.1.3 U.S. Food & Drug Administration (CFR - Code Of Federal Regulations Title 21)
3.4.1.4 Code Of Federal Regulations
3.4.2 Europe
3.4.2.1 European Chemicals Agency (ECHA)
3.4.3 Asia Pacific
3.4.3.1 Chinese Standards For Food Additives - GB2760-2015
3.4.4 Central & South America
3.4.4.1 Latini Group
3.4.5 Middle East & Africa
3.4.5.1 Sadara Chemical Company- Propylene Glycol Safety Data Sheet
3.5 Impact Of The COVID-19 Pandemic
3.6 Market Dynamics
3.6.1 Market DRIVER ANALYSIS
3.6.1.1 Increasing Usage In The Personal Care & Cosmetics Industry
3.6.1.2 Increasing Usage In The Food Industry
3.6.1.3 Rising Demand For Bio-Based Chemicals
3.6.2 Market Restraint ANALYSIS
3.6.2.1 Fluctuations In The Prices Of Crude Oil
3.6.2.2 Availability Of Alternatives
3.6.3 Market Challenges ANALYSIS
3.6.4 Market Opportunity ANALYSIS
3.7 Industry Analysis- Porter’s Analysis
3.8 Macroeconomic Analysis- PESTLE
Chapter 4 Glycerol Derivatives Market: Product, By Application Estimates & Trend Analysis
4.1 Product Movement Analysis & Market Share, 2022 & 2030 (%)
4.2 Glycerol Derivatives Market Size Estimates & Forecasts And Trend Analysis, By Product, 2018-2030 (Kilotons) (USD Million)
4.2.1 4-(Hydroxymethyl)-1 3-Dioxolan-2-One
4.2.1.1 4-(Hydroxymethyl)-1 3-Dioxolan-2-ONE Market Size Estimates & Forecasts And Trend Analysis, By Application, 2018-2030 (Kilotons) (USD Million)
4.2.1.2 Pharmaceutical
4.2.1.3 Solvents
4.2.1.4 Polymers
4.2.1.5 Others
4.2.2 Polyglycerol
4.2.2.1 Polyglycerol Market Size Estimates & Forecasts And Trend Analysis, By Application, 2018-2030 (Kilotons) (USD Million)
4.2.2.2 Food & Beverages
4.2.2.3 Pharmaceutical
4.2.2.4 Personal Care
4.2.2.5 Others
4.2.3 Propane-1 2 3-Triyl Triacetate
4.2.3.1 Propane-1,2,3-Triyl Triacetate Market Size Estimates & Forecasts And Trend Analysis, By Application, 2018-2030 (Kilotons) (USD Million)
4.2.3.2 Personal Care & Cosmetics
4.2.3.3 Pharmaceutical
4.2.3.4 Dyes
4.2.3.5 Others
4.2.4 1,3-Propanediol
4.2.4.1 1,3-Propanediol Market Size Estimates & Forecasts And Trend Analysis, By Application, 2018-2030 (Kilotons) (USD Million)
4.2.4.2 Polytrimethylene Terephthalate (PTT)
4.2.4.3 Polyurethane (PU)
4.2.4.4 Personal Care & Detergents
4.2.4.5 Others
4.2.5 Propylene Glycol
4.2.5.1 Propylene Glycol Market Size Estimates & Forecasts And Trend Analysis, By Application, 2018-2030 (Kilotons) (USD Million)
4.2.5.2 Food & Beverages
4.2.5.3 Pharmaceuticals
4.2.5.4 Cosmetics & Personal Care
4.2.5.5 Construction
4.2.5.6 Transportation
4.2.5.7 Others
4.2.6 Others
Chapter 5 Glycerol Derivatives Market: Grade Estimates & Trend Analysis
5.1 Grade Movement Analysis & Market Share, 2022 & 2030 (%)
5.2 Glycerol Derivatives Market Size Estimates & Forecasts And Trend Analysis, By Grade, 2018-2030 (Kilotons) (USD Million)
5.2.1 Bio-Based
5.2.2 Petroleum-Based
Chapter 6 Glycerol Derivatives Market: Regional Estimates & Trend Analysis
6.1 Glycerol Derivatives Market: Regional Outlook
6.2 Global Glycerol Derivatives Market Size Estimates & Forecasts And Trend Analysis, By Region, 2018-2030 (Kilotons) (USD Million)
6.2.1 North America
6.2.1.1 North America Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.1.2 U.S.
6.2.1.2.1 U.S. Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.1.3 Canada
6.2.1.3.1 CANADA Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.1.4 Mexico
6.2.1.4.1 Mexico Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2 Europe
6.2.2.1 Europe Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2.2 Germany
6.2.2.2.1 Germany Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2.3 U.K.
6.2.2.3.1 U.K. Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2.4 France
6.2.2.4.1 France Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2.5 Spain
6.2.2.5.1 Spain Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2.6 Italy
6.2.2.6.1 Italy Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3 Asia Pacific
6.2.3.1 Asia Pacific Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3.2 CHINA
6.2.3.2.1 China Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3.3 India
6.2.3.3.1 India Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3.4 Japan
6.2.3.4.1 Japan Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3.5 South Korea
6.2.3.5.1 South Korea Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4 Central & South America
6.2.4.1 Central & South America Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
6.2.4.2 Brazil
6.2.4.2.1 Brazil Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4.3 Argentina
6.2.4.3.1 Argentina Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4.4 Columbia
6.2.4.4.1 Columbia Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.5 Middle East & Africa
6.2.5.1 Middle East & Africa Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.5.2 Saudi Arabia
6.2.5.2.1 Saudi Arabia Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.5.3 South Africa
6.2.5.3.1 South Africa Glycerol Derivatives Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Glycerol Derivatives Market: Competitive Analysis
7.1 Key Players & Recent Developments & Their Impact On The Industry
7.2 Company/Competition Categorization
7.3 Vendor Landscape
7.3.1 List of Key distributors/channel partners
7.3.2 List of Potential End-Users
Chapter 8 Glycerol Derivatives Market: Company Profiles
8.1 Zhangjiagang Glory Biomaterial Co., Ltd.
8.1.1 Company Overview
8.1.2 Product Benchmarking
8.2 Shell Chemical LP
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.3 Tokyo Chemical Industry Co., Ltd.
8.3.1 Company Overview
8.3.2 Product Benchmarking
8.4 DuPont
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.5 Solvay
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.6 Croda International Plc
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Stragtegic Initiatives
8.7 Cargill, Incorporated
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.8 Primient Covation LLC
8.8.1 Company Overview
8.8.2 Product Benchmarking
8.9 Haihang Industry Co., Ltd
8.9.1 Company Overview
8.9.2 Product Benchmarking
8.10 Sakamoto Yakuhin kogyo Co., Ltd.
8.10.1 Company Overview
8.10.2 Product Benchmarking
8.11 Spiga Nord S.p.A.
8.11.1 Company Overview
8.11.2 Product Benchmarking
8.12 Stepan Company
8.12.1 Company Overview
8.12.2 Financial Performance
8.12.3 Product Benchmarking
8.13 ThyssenKrupp AG
8.13.1 Company Overview
8.13.2 Financial Performance
8.13.3 Product Benchmarking
8.14 Acuro Organics Limited
8.14.1 Company Overview
8.14.2 Product Benchmarking
8.15 Repsol
8.15.1 Company Overview
8.15.2 Financial Performance
8.15.3 Product Benchmarking
List of Tables
Table 1 Glycerol Derivatives Market Estimates & Forecasts and Trend Analysis, by Product, 2018-2030 (Kilotons)
Table 2 Glycerol Derivatives Market Estimates & Forecasts and Trend Analysis, by Product, 2018-2030 (USD Million)
Table 3 4-(hydroxymethyl)-1,3-dioxolan-2-one Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (Kilotons)
Table 4 4-(hydroxymethyl)-1,3-dioxolan-2-one Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (USD Million)
Table 5 Polyglycerol Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (Kilotons)
Table 6 Polyglycerol Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (USD Million)
Table 7 Propane-1,2,3-triyl triacetate Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (Kilotons)
Table 8 Propane-1,2,3-triyl triacetate Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (USD Million)
Table 9 1,3-Propanediol Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (Kilotons)
Table 10 1,3-Propanediol Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (USD Million)
Table 11 Propylene Glycol Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (Kilotons)
Table 12 Propylene Glycol Market Estimates & Forecasts and Trend Analysis, by Application, 2018-2030 (USD Million)
Table 13 Glycerol Derivatives Market Size Estimates & Forecasts and Trend Analysis, by Grade, 2018-2030 (Kilotons)
Table 14 Glycerol Derivatives Market Size Estimates & Forecasts and Trend Analysis, by Grade, 2018-2030 (USD Million)
Table 15 Global Glycerol Derivatives Market Size Estimates & Forecasts and Trend Analysis, by Region, 2018-2030 (Kilotons)
Table 16 Global Glycerol Derivatives Market Size Estimates & Forecasts and Trend Analysis, by Region, 2018-2030 (USD MIllion)
Table 17 Key Players & Recent Developments & Impact Analysis, on the industry
Table 18 List of Key Distributors/Channel Partners
Table 19 List of Potential End-Users
List of Figures
Fig. 1 Glycerol Derivatives Market Segmentation & Scope
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Glycerol Derivatives Market Snapshot
Fig. 7 Glycerol Derivatives Market Snapshot
Fig. 8 Glycerol Derivatives Market Estimates And Forecasts, Competitive Insights
Fig. 9 Penetration & Growth Prospect Mapping, 2018-2030 (Kilotons) (USD Million)
Fig. 10 Glycerol Derivatives Market: Value Chain Analysis
Fig. 11 Glycerol Derivatives: Market Dynamics
Fig. 12 Global Personal Care & Cosmetics Market Growth (%), 2010-2021
Fig. 13 Global Confectionery Production, by Region (%), 2021
Fig. 14 Turnover in EU manufacturing industry, 2021 (%)
Fig. 15 Global Crude Oil Prices: 2015-2022, (USD/barrel)
Fig. 16 Industry Analysis- Porter’s Analysis
Fig. 17 Macroeconomic Analysis- PESTLE
Fig. 18 Glycerol Derivatives Market Share, by Product, 2022 & 2030 (%)
Fig. 19 Glycerol Derivatives Market Share, by Grade, 2022 & 2030 (%)
Fig. 20 Glycerol derivatives market revenue, by region, 2022 & 2030, (USD Million)
Fig. 21 North America glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 22 U.S. glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 23 Canada glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 24 Mexico glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 25 Europe glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 26 Germany glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 27 U.K. glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 28 France glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 29 Spain glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 30 Italy glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 31 Asia Pacific glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 32 China glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 33 India glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 34 Japan glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 35 South Korea glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 36 Central & South America glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 37 Brazil glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 38 Argentina glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 39 Columbia glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 40 Middle East & Africa glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 41 Saudi Arabia glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 42 South Africa glycerol derivatives market estimates & forecast, 2018 - 2030, (Kilotons) (USD Million)
Fig. 43 Company/Competition Categorization
Companies Mentioned
- Zhangjiagang Glory Biomaterial Co., Ltd.
- Shell Chemical LP
- Tokyo Chemical Industry Co., Ltd.
- DuPont
- Solvay
- Croda International Plc
- Cargill, Incorporated
- Primient Covation LLC
- Haihang Industry Co., Ltd
- Sakamoto Yakuhin kogyo Co., Ltd.
- Spiga Nord S.p.A.
- Stepan Company
- ThyssenKrupp AG
- Acuro Organics Limited
- Repsol
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 105 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 15.94 Billion |
| Forecasted Market Value ( USD | $ 26.48 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
