Glycerol market size to grow by USD 1.18 billion from 2020 to 2025| Favorable government policies to influence market growth - Technavio

NEW YORK, Aug. 7, 2023 /PRNewswire/ -- The glycerol market size is expected to grow by USD 1.18 billion from 2020 to 2025, according to Technavio. As per the latest report, the market will progress at a CAGR of 7.55% during the forecast period. The increasing demand for glycerol in propylene glycol and epichlorohydrin production is an emerging glycerol market trend. Glycerol is mainly used in the synthesis of propylene glycol and epichlorohydrin as well as their derivatives. Furthermore, epichlorohydrin is manufactured by treating glycerol and hydrogen chloride and the increasing demand for it is because it is used as a precursor in the synthesis of many organic compounds. The organic compounds include glycidyl nitrate, which is used in propellants and explosives. Hence, such trends fuel the growth of the glycerol market during the forecast period. View a Sample Report within minutes!

Glycerol Market 2021-2025: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our glycerol market report covers the following areas:

• Glycerol Market size
• Glycerol Market trends
• Glycerol Market industry analysis
• Glycerol Market five forces analysis
• Glycerol Market competitive landscape

Glycerol Market 2021-2025: Segmentation

Glycerol Market is segmented as below:

• Application 
• Pharma And Personal Care
• Foods And Beverages
• Alkyd Resins
• Polyether Polyols
• Others
• Source
• Biodiesel
• Fatty acids
• Fatty alcohols
• Soap industry
• Geography 
• APAC
• North America
• Europe
• South America
• MEA

In the source segment, the biodiesel subsegment will be significant during the forecast period. The demand for biofuel is on the rise because many countries focus on reducing carbon footprints. But as glycerol is a by-product obtained during the production of biodiesel, an increase in the consumption of biodiesel is likely to propel the market's growth. Hence, such factors fuel the biodiesel segment of the glycerol market during the forecast period.

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Glycerol Market 2021-2025: Market Dynamics

Key Drivers

The favorable government policies drive the growth of the glycerol market. Acid rains, greenhouse gas emissions, ozone layer depletion, air pollution, and effects of chemical fertilizers and pesticides on water bodies are closely monitored by the regulatory bodies, whereas, glycerol has been earmarked as an eco-friendly product.

Glycerol does not contribute to greenhouse gas emissions, hazardous pollutants, and VOCs and, thus, is promoted by the government and preferred by consumers. Hence, such factors boost the growth of the glycerol market during the forecast period.

Major Challenges

The fluctuating raw materials prices challenge the growth of the glycerol market. The two main raw materials required to manufacture glycerol include vegetable oil and animal fat. Due to farmers and ranchers not raising their animals for fat and the year-on-year production rate being marginally flat, the supply of animal fat remains inelastic.

The demand for these raw materials has increased in producing biodiesel. This has also contributed to the increase in animal fat and vegetable oil prices. Hence, such challenges hinder the growth of the glycerol market during the forecast period.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Glycerol Market 2021-2025: Company Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. We provide a detailed analysis of around 25 vendors operating in the Glycerol Market, including some of the vendors such as Aemetis Inc., Archer Daniels Midland Co., Cargill Inc., Croda International Plc, Dow Inc., Emery Oleochemicals LLC, IOI Corporation Berhad, Lumitos AG, The Procter and Gamble Co., and Wilmar International Ltd. Backed with competitive intelligence and benchmarking, our research reports on the Glycerol Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Company Offerings

• Aemetis Inc. : The company offers glycerol which is colorless and odorless.
• Archer Daniels Midland Co. : The company offers glycerol which is beneficial for athletes.
• Cargill Inc. : The company offers glycerol products under the brand name of OXI-CURE.

Glycerol Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist glycerol market growth during the next five years
• Estimation of the glycerol market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the glycerol market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of glycerol market vendors

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Related Reports:

The glycerol esters market size should rise by USD 36.73 million from 2022 to 2026 at a CAGR of 4.64%. Furthermore, this report extensively covers market segmentation by application (food packaging films, agricultural films, and others) and geography (APAC, North America, Europe, South America, and MEA). The rising demand for agricultural output is notably driving the glycerol esters market growth.

The Glycerol Monostearate (GMS) Powder Market is projected to grow by USD 471.49 million with a CAGR of 8.18% during the forecast period 2021 to 2026. Furthermore, this report extensively covers the glycerol monostearate (GMS) powder market segmentation by application (food and beverage, pharmaceutical, cosmetic, and others), product (emulsifier, thickening, anti-caking, and stabilizer), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The growing demand for GMS as an emulsifier and stabilizer in the F&B industry is one of the key factors driving the global glycerol monostearate powder market growth. 

Table Of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Pharma and personal care - Market size and forecast 2020-2025
• Foods and beverages - Market size and forecast 2020-2025
• Alkyd resins - Market size and forecast 2020-2025
• Polyether polyols - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Application

Market Segmentation by Source

• Market segments
• Comparison by Source
• Biodiesel - Market size and forecast 2020-2025
• Fatty acids - Market size and forecast 2020-2025
• Fatty alcohols - Market size and forecast 2020-2025
• Soap industry - Market size and forecast 2020-2025
• Market opportunity by Source

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Aemetis Inc.
• Archer Daniels Midland Co.
• Cargill Inc.
• Croda International Plc
• Dow Inc.
• Emery Oleochemicals LLC
• IOI Corporation Berhad
• Lumitos AG
• The Procter and Gamble Co.
• Wilmar International Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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