Global Glycerine Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2030
The global Glycerine market stood at approximately 1000 thousand tonnes in 2021 and is expected to grow at a CAGR of 4.49% during the forecast period until 2030. The market is anticipated to grow further by 4.18% in 2022 due to expanding demand for Glycerine in the Pharmaceutical Industry.
Glycerine is a natural substance with a sweet taste. It is a thick liquid and is colorless, odorless, and non-toxic. Triglycerides, esters of glycerol with long-chain carboxylic acids, are the most commonly used raw material for synthesizing glycerol. Plant and animal sources generally contain triglycerides. Glycerine is synthesized when these triglycerides are either hydrolyzed, transesterified, or saponified. Furthermore, Glycerine can also be synthesized by a variety of propene-based processes.
Glycerine is widely utilized in the food and beverage industries as a sweetener. Furthermore, it is employed as an emollient in medicinal and cosmetic formulations. Due to the hydroxyl groups, Glycerine has water-absorbing properties. Glycerine is antibacterial and antiviral qualities. It is frequently used in cosmetic, pharmaceutical, and personal care preparations to improve the smoothness and suppleness of the skin and heal skin damage. Glycerine is employed in the pharmaceutical industry for allergen immunotherapies, cough syrups, elixirs and expectorants, glycerine soaps, and water-based personal lubricants. The most popular remedy for chronic angina, the chest discomfort caused by heart disease, is nitroglycerin. By using topical pure or pure glycerol, psoriasis, wounds, cuts, scars, rashes, bedsores, and blisters can be treated. Nitro-glycerine is one of the most common treatments for treating chronic angina, chest pain, and heart disease.
The market drivers of the global Glycerine market are the healthcare, cosmetic, and medical industry. The medication of Glycerine is used as a moisturizer to treat or prevent dry, rough, scaly, itchy skin and minor skin irritations in the healthcare industry. The rising awareness regarding hygiene is further propelling the demand for Glycerine by the cosmetic and healthcare industry and is likely to boost the market globally in upcoming years. Due to having antimicrobial and antiviral properties, Glycerine is widely used in the pharmaceutical sector. The Glycerine market will most likely expand and reach approximately 1700 thousand tonnes in 2030.
Asia Pacific is the dominating region all over the world that demands the most significant volume of Glycerine. This region consumed greater than 45% of the global Glycerine market in 2021. In the upcoming years, the global glycerine market is anticipated to grow in this region due to rising demand in the food and beverage industry for Glycerine as a sugar alternative and for food preservation applications in countries like India and China. As China is one of the major consumers of Glycerine, rapidly increasing demand in other end-use industries, including pharmaceutical, automotive, food and beverages, and others, is likely to boost the Glycerine market in the Asia Pacific region. Furthermore, North America also holds a prominent market position after Asia Pacific region. Moreover, USA is the leading producer of the global Glycerine market, producing more than 35% of the global Glycerine in 2021.
Based on the end-user industry, the Glycerine market is segmented into a few sectors like Drug Formulations, Oral Demulcent, Emollient & Humectant, and Others. The Drug Formulations industry dominates the Glycerine market. The usage of Glycerine for other applications like Solvent, Capsule coating, and excipient is also expected to exponentially grow in the forecast period.
Significant companies for Global Glycerine are The Procter & Gamble Company, Dow Chemical, Renova S.A., Emery Oleochemicals, Vantage Specialty Chemicals, Louis Dreyfus Company, General Lagos, BOJAGRO S.A., Vance Group Ltd., Owensboro Grain Company, The Vegetables Vitamins Foods Company Pvt. Ltd., PMC Biogenix, Inc., and Thai Glycerine Co., Ltd.
Years considered for this report:
ChemAnalyst calculated Glycerine demand around the globe by analyzing the historical data and demand forecast, which was carried out considering the production of raw material to produce Glycerine. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
Report Scope:
In this report, Global Glycerine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
Glycerine is a natural substance with a sweet taste. It is a thick liquid and is colorless, odorless, and non-toxic. Triglycerides, esters of glycerol with long-chain carboxylic acids, are the most commonly used raw material for synthesizing glycerol. Plant and animal sources generally contain triglycerides. Glycerine is synthesized when these triglycerides are either hydrolyzed, transesterified, or saponified. Furthermore, Glycerine can also be synthesized by a variety of propene-based processes.
Glycerine is widely utilized in the food and beverage industries as a sweetener. Furthermore, it is employed as an emollient in medicinal and cosmetic formulations. Due to the hydroxyl groups, Glycerine has water-absorbing properties. Glycerine is antibacterial and antiviral qualities. It is frequently used in cosmetic, pharmaceutical, and personal care preparations to improve the smoothness and suppleness of the skin and heal skin damage. Glycerine is employed in the pharmaceutical industry for allergen immunotherapies, cough syrups, elixirs and expectorants, glycerine soaps, and water-based personal lubricants. The most popular remedy for chronic angina, the chest discomfort caused by heart disease, is nitroglycerin. By using topical pure or pure glycerol, psoriasis, wounds, cuts, scars, rashes, bedsores, and blisters can be treated. Nitro-glycerine is one of the most common treatments for treating chronic angina, chest pain, and heart disease.
The market drivers of the global Glycerine market are the healthcare, cosmetic, and medical industry. The medication of Glycerine is used as a moisturizer to treat or prevent dry, rough, scaly, itchy skin and minor skin irritations in the healthcare industry. The rising awareness regarding hygiene is further propelling the demand for Glycerine by the cosmetic and healthcare industry and is likely to boost the market globally in upcoming years. Due to having antimicrobial and antiviral properties, Glycerine is widely used in the pharmaceutical sector. The Glycerine market will most likely expand and reach approximately 1700 thousand tonnes in 2030.
Asia Pacific is the dominating region all over the world that demands the most significant volume of Glycerine. This region consumed greater than 45% of the global Glycerine market in 2021. In the upcoming years, the global glycerine market is anticipated to grow in this region due to rising demand in the food and beverage industry for Glycerine as a sugar alternative and for food preservation applications in countries like India and China. As China is one of the major consumers of Glycerine, rapidly increasing demand in other end-use industries, including pharmaceutical, automotive, food and beverages, and others, is likely to boost the Glycerine market in the Asia Pacific region. Furthermore, North America also holds a prominent market position after Asia Pacific region. Moreover, USA is the leading producer of the global Glycerine market, producing more than 35% of the global Glycerine in 2021.
Based on the end-user industry, the Glycerine market is segmented into a few sectors like Drug Formulations, Oral Demulcent, Emollient & Humectant, and Others. The Drug Formulations industry dominates the Glycerine market. The usage of Glycerine for other applications like Solvent, Capsule coating, and excipient is also expected to exponentially grow in the forecast period.
Significant companies for Global Glycerine are The Procter & Gamble Company, Dow Chemical, Renova S.A., Emery Oleochemicals, Vantage Specialty Chemicals, Louis Dreyfus Company, General Lagos, BOJAGRO S.A., Vance Group Ltd., Owensboro Grain Company, The Vegetables Vitamins Foods Company Pvt. Ltd., PMC Biogenix, Inc., and Thai Glycerine Co., Ltd.
Years considered for this report:
- Historical Period: 2015- 2021
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2030
- To assess the demand-supply scenario of Glycerine, which covers the production, demand, and supply of Glycerine around the globe.
- To analyze and forecast the market size of Glycerine.
- To classify and forecast the Global Glycerine market based on end-use and regional distribution.
- To examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., of the Glycerine market.
ChemAnalyst calculated Glycerine demand around the globe by analyzing the historical data and demand forecast, which was carried out considering the production of raw material to produce Glycerine. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
- Glycerine manufacturers and other stakeholders
- Organizations, forums and alliances related to Glycerine distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
Report Scope:
In this report, Global Glycerine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, by End-use: Drug Formulations, Oral Demulcent, Emollient & Humectant, and Others.
- Market, by Sales Channel: Direct Sale and Indirect Sale
- Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
1. CAPACITY BY COMPANY
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Glycerine.
2. CAPACITY BY LOCATION
To better understand the regional supply of Glycerine by analyzing its manufacturers' location-based capacity.
3. PRODUCTION BY COMPANY
Study the historical annual production of Glycerine by the leading players and forecast how it will grow in the coming years.
4. DEMAND BY END- USE
Discover which end-user industry (Drug Formulations, Oral Demulcent, Emollient & Humectant, and Others) are creating a market and the forecast for the growth of the Glycerine market.
5. DEMAND BY REGION
Analyzing the change in demand of Glycerine in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
6. DEMAND BY SALES CHANNEL (DIRECT AND INDIRECT)
Multiple channels are used to sell Glycerine. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
7. DEMAND-SUPPLY GAP
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Glycerine.
8. COMPANY SHARE
Figure out what proportion of the market share of Glycerine is currently held by leading players across the globe.
9. COUNTRY-WISE EXPORT
Get details about quantity of Glycerine exported by major countries.
10. COUNTRY-WISE IMPORT
Get details about quantity of Glycerine imported by major countries.
11. PRICING ANALYSIS & FORECAST
Analyze historical prices since 2015 & Forecast on three months rolling period for next 12 months.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Glycerine.
2. CAPACITY BY LOCATION
To better understand the regional supply of Glycerine by analyzing its manufacturers' location-based capacity.
3. PRODUCTION BY COMPANY
Study the historical annual production of Glycerine by the leading players and forecast how it will grow in the coming years.
4. DEMAND BY END- USE
Discover which end-user industry (Drug Formulations, Oral Demulcent, Emollient & Humectant, and Others) are creating a market and the forecast for the growth of the Glycerine market.
5. DEMAND BY REGION
Analyzing the change in demand of Glycerine in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
6. DEMAND BY SALES CHANNEL (DIRECT AND INDIRECT)
Multiple channels are used to sell Glycerine. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
7. DEMAND-SUPPLY GAP
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Glycerine.
8. COMPANY SHARE
Figure out what proportion of the market share of Glycerine is currently held by leading players across the globe.
9. COUNTRY-WISE EXPORT
Get details about quantity of Glycerine exported by major countries.
10. COUNTRY-WISE IMPORT
Get details about quantity of Glycerine imported by major countries.
11. PRICING ANALYSIS & FORECAST
Analyze historical prices since 2015 & Forecast on three months rolling period for next 12 months.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
