Glycerol Market Top Manufacturers, Size, Business Scenario, Share, Growth, Insights, Industry Analysis

Glycerol Market Driven by Rising Applications in End-use Industries

The global glycerol market is driven by the increasing applications of glycerol in various end-use industries such as cosmetics & personal care, food & beverages, pharmaceuticals, health care, and others. Rise in demand for glycerin has led to significant growth in the usage of glycerol across the globe. Applications of glycerol in the food & beverages industry is also a factor contributing to the global market growth. Glycerol is specifically used as a solvent for flavors and food colors. Glycerol is used as a humectant, plasticizer, emollient, sweetener, and filler in low-fat food products such as cookies.

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Glycerol is used in the textile industry for softening of fibers, and in flexible foams, etc. Glycerol is hygroscopic in nature, so it is extensively used in glues and adhesives to prevent them from drying too fast. Glycerol can also be used as a plasticizer in order to enhance the spread of coat over beads, granules, and tablets. Glycerol is used in the health care industry for maintaining pressure in the eyeball and central nervous system.

Increasing Applications of Rapidly Growing Cosmetics and Personal Care Industry

Due to rising disposable incomes and spending capacity of consumers, consumers are investing in cosmetics and personal care products. Rapid urbanization led to improvements in living standards. The growing awareness of using personal care and beauty products across the globe is creating potential growth opportunities for market players in the glycerol market. There is an increasing production of personal care products across the globe due to rising demand from consumers.

Glycerol is a common element used in the cosmetics and personal care products such as toothpaste, mouthwashes, hair care products, cosmetics, and moisturizers. Due to their humectant property, glycerol is widely used in preparation of gels and ointments. Glycerol, when used in skin care products, it protect the skin from irritants, and provides moisture to the surface of the skin.

Significant Presence of Market Players Generates Revenue Opportunities

The presence of small and medium-scale manufacturers to develop innovative products is driving the glycerol market. Key players are focusing on the customized solutions as per the requirement of consumers. Rising industrial applications of glycerol is driving the global market. Glycerol is obtained as a byproduct of biodiesel. The growth of the global biodiesel industry in recent years has led to the overproduction of glycerol globally.

Rapidly growing commercial beauty parlors, salons, and grooming centers also generate demand for facial care products. There is a huge demand for glycerol in manufacturing such products. Players in the global glycerol market are collaborating with commercial services to popularize their products and enhance their reach among consumers. Increasing R&D activities in developing nations to explore more applications of glycerol in various end-use industries is anticipated to drive the market in the upcoming years.

Revenue Opportunities for Market Players in Asia Pacific

The Asia Pacific glycerol market is expected to account for largest share of the global market due to rapid urbanization, rising disposable incomes, changing lifestyles, growing consumption of convenience foods, and rising number of working women in the region. Growth and advancement in personal care industry are also responsible for the market growth in the region.

The rising presence of market players operating in the Asia Pacific glycerol market is a key factor driving the market growth. Increasing adoption of glycerol in various end-use industries such as food & beverages, pharmaceuticals, cosmetics & personal care, industrial applications is driving the Asia Pacific glycerol market over the next few years.

Glycerol Market: Overview

Glycerol is a colorless polyol with a sweet taste. It is highly soluble in water.
Glycerol has wide industrial applications. Some of the areas of application include food, pharmaceuticals, personal care, storage, and health care.
According to Transparency Market Research’s latest research report on the glycerol market for the forecast period of 2021 to 2031, rise in usage of glycerol in cosmetics and personal care industries is a key factor that is expected to boost the global glycerol market during the forecast period
Rapid Growth in Cosmetics and Personal Care Industries: Key Driver of Glycerol Market

Increase in urbanization, rise in disposable income of consumers, and growth in preference of diverse culinary lifestyles have contributed to the expansion of end-use industries
Rise in demand for glycerol in major end-use industries such as personal care and pharmaceuticals is one of the major factors boosting the market. Glycerol is widely used in a variety of personal care products, including toothpaste, hair condition, cosmetics, and moisturizers. It is added to skin care products to help protect the skin from irritants. It can also help bring moisture to the surface of the skin. It helps keep skin smooth. Rise in demand for environmentally friendly products is also driving the market for glycerol.
Glycerol exhibits various important characteristics that make it applicable in innumerable applications in pharmaceuticals and cosmetic industries. Owing to its humectant property, glycerol is used in preparation of gels and ointments.
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Glycerol Market: Competition Landscape

Detailed profiles of providers of glycerol have been included in the report to evaluate their financials, key product offerings, recent developments, and strategies
Key players operating in the global glycerol market include
P&G Chemicals
IOI Group
Emery Oleochemicals
Kuala Lumpur Berhad
Dial Corporation
Croda
Wilmar International
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