Glycerol Market is expected to grow at a CAGR of 6%-7% – An exclusive market research report by Lucintel

Glycerol Market is expected to grow at a CAGR of 6%-7% - An exclusive market research report by Lucintel
Trends and Forecast for the Global Glycerol Market
Trends, opportunities, and forecast in the global glycerol market to 2025 by application (food and beverage, pharmaceuticals, nutraceuticals, personal care, cosmetics, industrieal, and others), source (biodiesel, fatty alcohols, fatty acids, and soap), type (crude and refined) and region (North America, Europe, Asia Pacific, and Rest of the World)

Lucintel’s latest market report analyzed that glycerol provides attractive opportunities in the personal care industry. The glycerol market is expected to grow at a CAGR of 6%-7%. In this market, biodiesel is the largest segment by source, whereas personal care is largest by application. The growing adoption of propylene glycol derived from glycerol as a substitute for ethylene glycol in antifreeze products provides strategic growth path in this market.

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Based on source, the glycerol market is segmented into biodiesel, fatty alcohols, fatty acids, and soap. The biodiesel segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to growing consumer awareness on the use of naturally sourced products, coupled with the higher demand for biodiesel in transportation fuels.

Browse in-depth TOC on “Glycerol Market”

XX – Tables

XX – Figures

150 – Pages

The glycerol market is marked by the presence of several big and small players. Some of the prominent players offering glycerol include BASF SE, Wilmar International, P&G, Solvay, Godrej, and DOW.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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