The size of the global glycerine market was estimated at USD 2.63 billion in 2023. From 2024 to 2030, the market is projected to increase at a compound annual growth rate (CAGR) of 5.25 percent, to reach approximately USD 3.76 billion.
Glycerine Market Overview
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Glycerine Market Scope and Methodology:
This report analyzes the Glycerine Market across different regions and detailed segmentation, providing a definition, description, and forecast. It encompasses various important market factors along with comprehensive qualitative and quantitative investigations. This includes reviewing the competitive landscape, competitor profiles, industry analysis, economic implications, important viewpoints, market trends, and market assessment.
The report delves into past data, focusing on different Glycerine Market scenarios and conducting a comprehensive evaluation of the factors influencing the market, including drivers, constraints, opportunities, challenges, and future trends. The report thoroughly examines market potential, market dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions with the right methodology and assumptions. The study also involves evaluating the value chain, conducting PESTLE analysis, examining the impact, and conducting PORTER’s analysis.
Glycerine Market Regional Insights
The study thoroughly examines the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Glycerine Market is an essential component of the regional analysis provided in the report. The report contains details about the import and export of goods, market size, and growth rate for all countries. Furthermore, the report has also presented an overview of the latest advancements in the international Glycerine Market across different countries and regions.
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Glycerine Market Segmentation
by Grade
Technical Grade
USP Grade
The technical grade industry has been leading the global market, according to The Grade. Alkyd resins, polyether polyols, epichlorohydrin, and other compounds are made with technical grade glycerol. It is a refined form of crude glycerine that has had the majority of its impurities eliminated. United States Pharmacopoeia grade is another name for USP grade. This pure grade of glycerine is mostly used in cosmetic, pharmaceutical, and food goods. A product cannot be referred to be USP grade unless it satisfies all specifications established by the US Food and Drug Administration. Because USP grade is so much more pure than industrial grade, it costs more. As a result, the market sector's revenue share remained substantial.
by Application
Personal Care
Food Beverages
Pharmaceuticals
Polyether Polyols
Chemicals
Tobacco
Others
The personal care industry has dominated the global market, according to The Application. Glycerine is frequently used in the production of toothpaste, shaving cream, soaps, hair care products, and cosmetics. It adds smoothness and lubrication to personal care products. The capacity to lower viscosity, conditioning, and humectant properties are additional crucial traits in the cosmetics sector. Glycerol is the third most often used ingredient in cosmetics according to the U.S. Food and Drug Administration's Voluntary Cosmetic Registration Programme. Products for skin care, baby care, eye care, and other personal care are among those that include the ingredient.
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Glycerine Market Key Players
1. DuPont
2. TCC Glycerine (The Chemical Company)
3. Cargill
4. Universal Preserv A Chem Inc.
5. Procter and Gamble Co
6. Godrej Group
7. Archer Daniels Midland Company
8. Emery Oleochemicals Group
9. Renewable Energy Group, Inc.
10. Reagents Company
11. Kao Corporation
12. Oleon NV
13. PG Chemicals
14. Vance Group Ltd
15. RB FUELS
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Key questions answered in the Glycerine Market are:
- What is Glycerine ?
- What is the growth rate of the Glycerine Market ?
- What was the Glycerine Market size in 2023?
- What are the upcoming opportunities and trends for the Glycerine Market ?
- What are the different segments of the Glycerine Market ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Glycerine Market ?
- What segments are covered in the Glycerine Market ?
- Which are the factors expected to drive the Glycerine Market growth?
- What growth strategies are the players considering to increase their presence in Glycerine ?
- Who are the leading companies and what are their portfolios in Glycerine Market ?
- Who are the key players in the Glycerine Market?
- What is the CAGR at which the Glycerine Market will grow during the forecast period?
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Key Offerings
- Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• 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
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