The Global Glycerol Market to 2023: Increasing Demand for Glycerol in Propylene Glycol & Epichlorohydrin Production - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 19, 2018--The “Global Glycerol Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The personal care and pharmaceutical products are a dominant segment in glycerol which will lead to market growth. 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.
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 VOCs 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.
Market TrendsIncreasing Demand for Glycerol in Propylene Glycol & Epichlorohydrin Production Growing Demand for Glycerol in Food & Beverages Increasing Demand for Biodiesel
Key PlayersArcher Daniels Midland Cargill Emery Oleochemicals IOI Corporation Berhad Procter & Gamble Wilmar International
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Application
7. Customer Landscape
8. Market Segmentation by Source
9. Geographic Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
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Related Topics:Food Additive Chemicals
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 12/19/2018 10:22 AM/DISC: 12/19/2018 10:22 AM