Global Glycerol Market 2019-2023

Global Glycerol Market 2019-2023

  • November 2018 •
  • 133 pages •
  • Report ID: 4899168 •
  • Format: PDF
About this market

The personal care and pharmaceutical products are a dominant segment in glycerol which will lead to market growth. Glycerol is used as a thickener, an emulsifier and a lubricant, and an additive in personal care products and in pharmaceutical products. The expanding interest for healthy skin items and the developing inclination for glycerol in pharmaceutical products and personal care products is encouraging the development of the market. Thus, the rising demand for glycerol in personal care and pharmaceutical products is driving the market growth at a CAGR of more than 7% during the forecast period.

Market Overview
Favorable government policies
The favorable government policies have boosted the market growth. Glycerol is embarked as an eco- friendly product that does not contribute to greenhouse gas emission, hazardous pollutants, and VOC’s as it is produced from fats and oils of animal and plant origin.
Availability of substitutes
Sorbitol, diethylene glycol, propylene glycol, and ceramides are used as substitutes for glycerol. Owning to the cost advantages and stable raw material prices, these substitutes can significantly hinder the growth of the market.
For the detailed list of factors that will drive and challenge the growth of the glycerol market during the 2019-2023, view our report.

Competitive Landscape
The global glycerol market is moderately fragmented. The growing demand for glycerol in personal care and pharmaceutical products will intensify the market growth. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.