Global Glycerin Industry

Global Glycerin Industry

  • April 2021 •
  • 547 pages •
  • Report ID: 5336766 •
  • Format: PDF
Abstract:
- The global market for Refined Glycerin is forecast to reach 8.1 billion pounds by 2022, driven by the growing preference for renewable feedstocks as against petroleum derived feedstocks and fairly encouraging business climate in all major end-use application sectors like food and pharma which continue to grow driven by growing population, increasing affluence and rising healthcare needs. Other major factors sustaining growth in consumption of refined glycerin include favorable prices of glycerin as compared to other petroleum-based substitutes, and strong R&D investments in innovating new uses of glycerin. Asia-Pacific represents the largest market worldwide. The region is also forecast to emerge as the fastest growing market with a CAGR of 9.8% over the analysis period, led by factors such as rapidly growing food and beverage sector in emerging Asian economies experiencing rapid consumerism; robust drug manufacturing activity supported by the rise in pharmaceutical contract manufacturing and increased domestic consumption of drugs against the backdrop of growing healthcare burden; strong industrial and manufacturing activity; and robust policy led demand for renewable chemicals.

- Select Competitors (Total 71 Featured) -
  • Archer Daniels Midland Company
  • BASF SE
  • Cargill, Inc.
  • CREMER OLEO GmbH & Co. KG
  • Croda International Plc
  • Ecogreen Oleochemicals
  • Godrej Industries Ltd.
  • IOI Group
  • Kao Corporation
  • KLK OLEO
  • Pacific Oleochemicals Sdn Bhd
  • PMC Biogenix, Inc.
  • Procter & Gamble Chemicals
  • PT. Cisadane Raya Chemicals
  • PT. Sumi Asih Oleochemical Industry
  • Sakamoto Yakuhin Kogyo Co., Ltd.
  • Thai Glycerine Co., Ltd.
  • Twin Rivers Technologies, Inc.
  • Vance Bioenergy Sdn. Bhd.