Glycerol Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 Over the years, glycerol played a key role in the manufacturing of a range of essential products whether it’s food or pharmaceutical drugs. It is expected that as the global end-use industry is showcasing robust growth owing to changing market dynamics including growing income, large and growing population, urbanization, and changing people lifestyles, the demand for glycerol would grow as well. Besides this, in the last several years, increasing focus on sustainability has had an impact on the glycerol market as well. Increased output from biodiesel has resulted in a surge in the supply of crude glycerol. However, since crude glycerol does not meet the requirement of USP certification has limited application areas.

According to UnivDatos Market Insights (UMI)’ research report “Global Glycerol Market”, the market is expected to showcase a growth of around 6% during the forecast period. Rising demand from major end-use industries like food & beverage, personal care & cosmetics, pharmaceutical, and nutraceuticals is one of the key factors driving the market. These industries are witnessing a surge in demand for final products owing to the rising population, increasing income, and changing lifestyle, therefore, to meet the growing requirement, industries are increasing the production capacity, thus in turn, increasing the procurement of raw materials used to manufacturer final consumer essential products, eventually boosting the market for glycerol.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31032

Based on source, the market is categorized into biodiesel, fatty alcohols, fatty acids, and soap. Among these, the biodiesel category is likely to showcase robust growth owing to the increased output of biodiesel as consumers are shifting towards sustainable alternatives to conventional fossil fuels. Glycerol is produced in the conversion of oils to biodiesel, thus with increasing production of biodiesel, the supply of glycerol would increase as well. However, the limited application of biodiesel-based glycerol due to not meeting the USP certification requirement might create a hindrance in the market growth.

Based on end-user, the market is categorized into food & beverage, pharmaceutical, nutraceutical, personal care & cosmetics, and others. Among these, the personal care & cosmetics industry accounted for a prominent share of the market and is expected to retain its position during the forecast period. Rising awareness regarding hygiene and growing cosmetic influence among the new generation are some of the key factors propelling the market for personal care & cosmetics, thereby fueling the market for glycerol.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31032

Asia-Pacific is expected to showcase robust growth over the forecast period

For a better understanding of the market adoption of Glycerol, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific region is likely to showcase robust growth over the forecast period owing to bolstering growth in end-use industries of the regional economies due to rising internal consumption and increasing export of final products from the regional countries.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Glycerol market include Cargill Incorporated, BASF SE, The Procter & Gamble Company, Oleon NV, KLK OLEO, The Dow Chemical Company, The Archer-Daniels-Midland Company, Wilmar International Limited, Pacific Oleochemicals Sdn Bhd, and Kao Corporation. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Glycerol Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Source (Biodiesel, Fatty Alcohols, Fatty Acids, and Soap)

2.      By Type (Crude and Refined)

3.      By End-User (Food & Beverage, Pharmaceutical, Nutraceutical, Personal Care & Cosmetics, and Others)

4.      By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

5.      By Company (Cargill Incorporated, BASF SE, The Procter & Gamble Company, Oleon NV, KLK OLEO, The Dow Chemical Company, The Archer-Daniels-Midland Company, Wilmar International Limited, Pacific Oleochemicals Sdn Bhd, and Kao Corporation)

Key questions answered in the study:

1.      What are the current and future trends of the global glycerol industry?

2.      How the industry has been evolving in terms of source, type, and end-user?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global glycerol industry?

5.      What are the customer orientation, purchase behavior, and expectations from the global glycerol suppliers across various region and countries?