Glycerol Formal Market By Purity Level (99% Purity, 95% Purity), By Application (Coatings, Adhesives, Resins, Others) By End-Use Industry (Food and Beverage, Pharmaceutical and Nutraceuticals, Personal Care and Cosmetic, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033

June 2024 | 340 pages | ID: GCDD51FD9233EN
Allied Market Research

Abstracts

Glycerol Formal Market

The glycerol formal market was valued at $163.7 million in 2023 and is projected t%li%reach $200.0 million by 2033, growing at a CAGR of 2.1% from 2024 t%li%2033.

The chemical reaction between glycerol and formaldehyde leads t%li%the formation of glycerol formal. The chemical is recognized by other names such as formal glycerol and 1, 3-Dioxolan-2-one-4-methanol. Condensation of glycerol, a triol alcohol, and formaldehyde, a simple aldehyde, gives rise t%li%glycerol formal, a cyclic acetal compound. The properties of glycerol formal make it ideal for usage in adhesives, resins, coatings, and as a solvent for dyes & pigments. The compound possesses excellent resistance t%li%ozone, heat, and weathering, thus distinguishing it as a high-performance elastomer.

The glycerol formal market grows significantly due t%li%constant demand for the compound from the pharmaceuticals industry. The compound is utilized as an intermediate during the synthesis of pharmaceuticals and as a solvent in pharmaceutical formulations, specifically for injectable drugs. In addition, the market augments due t%li%surge in requirement for eco-friendly solvents and functional additives in the widely expanding coatings and paints sector owing t%li%rapid increase in urbanization and infrastructure development. The applicability of glycerol formal as a green solvent is trending in diverse industries, including food & beverages and cosmetics. The remarkable attributes of the compound such as sustainability, low toxicity, and ability t%li%dissolve a broad range of compounds have made it a prominent alternative t%li%conventional solvents.

However, regulatory compliance and safety concerns are the significant challenges that restrain the glycerol formal market growth. Being a chemical, the compound is subject t%li%stringent regulations pertaining t%li%its usage, handling, and storage. According t%li%the 2012 Hazard Communication Standard by Occupational Safety and Health Administration in the U.S., glycerol formal is a hazardous compound. It is known t%li%cause serious eye damage, skin corrosion/irritation, reproductive toxicity., and specific target organ toxicity in single exposure.

Segment Review

The glycerol formal market is segmented int%li%purity level, application, end-use industry, and region. On the basis of purity level, the market is bifurcated int%li%99% purity and 95% Purity. By application, it is divided int%li%coatings, adhesives, resins, and others. As per end-use industry, it is categorized int%li%food & beverage, pharmaceutical & nutraceuticals, personal care & cosmetic, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of purity level, the 99% purity segment is expected t%li%dominate the market throughout the forecast period.

By application, the coatings segment is projected t%li%be the highest shareholder by 2033.

As per end-use industry, the pharmaceutical & nutraceutical segment is anticipated t%li%account for the highest market share during the forecast period.

Region wise, Asia-Pacific is predicted t%li%be the highest revenue generator by 2033.

Competition Analysis

The major players operating in the global glycerol formal market include Emery Oleochemicals, Oleon NV, Ka%li%Corporation, Ecogreen Oleochemicals, Procter & Gamble Chemicals, Musim Mas Group, Wilmar International Ltd., Croda International, McGean, and Lambiotte & Cie. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships t%li%strengthen their foothold in the market.

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Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)

• Manufacturing Capacity
• Product Benchmarking / Product specification and applications
• Supply Chain Analysis & Vendor Margins
• Upcoming/New Entrant by Regions
• Technology Trend Analysis
• Average Consumer Expenditure
• Market share analysis of players by products/segments
• New Product Development/ Product Matrix of Key Players
• Regulatory Guidelines
• Strategic Recommendations
• Additional company profiles with specific t%li%client's interest
• Additional country or region analysis- market size and forecast
• Expanded list for Company Profiles
• Historic market data
• Import Export Analysis/Data
• Key player details (including location, contact details, supplier/vendor network etc. in excel format)
• List of customers/consumers/raw material suppliers- value chain analysis
• Market share analysis of players at global/region/country level
• SWOT Analysis
• Volume Market Size and Forecast

Key Market Segments

By Purity Level

• 99% Purity
• 95% Purity

By Application

• Coatings
• Adhesives
• Resins
• Others

By End-Use Industry

• Food and Beverage
• Pharmaceutical and Nutraceuticals
• Personal Care and Cosmetic
• Others

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• France
• Germany
• Italy
• Spain
• UK
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia-Pacific
• LAMEA
• Brazil
• South Africa
• Saudi Arabia
• UAE
• Rest of LAMEA
• Key Market Players
• Emery Oleochemicals
• Oleon NV
• Ka%li%Corporation
• Ecogreen Oleochemicals
• Procter & Gamble Chemicals
• Musim Mas Group
• Wilmar International Ltd.
• Croda International
• McGean
• Lambiotte & Cie

Contents

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
  1.4.1. Primary Research
  1.4.2. Secondary Research
  1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
  3.2.1. Top Investment Pockets
  3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
  3.3.1. Bargaining Power of Suppliers
  3.3.2. Threat of New Entrants
  3.3.3. Threat of Substitutes
  3.3.4. Competitive Rivalry
  3.3.5. Bargaining Power among Buyers
3.5. Market Dynamics
  3.5.1. Drivers
  3.5.2. Restraints
  3.5.3. Opportunities

CHAPTER 4: POLY ETHER AMINE MARKET, BY TYPE

4.1. Market Overview
  4.1.1 Market Size and Forecast, By Type
4.2. Monoamine
  4.2.1. Key Market Trends, Growth Factors and Opportunities
  4.2.2. Market Size and Forecast, By Region
  4.2.3. Market Share Analysis, By Country
4.3. Diamine
  4.3.1. Key Market Trends, Growth Factors and Opportunities
  4.3.2. Market Size and Forecast, By Region
  4.3.3. Market Share Analysis, By Country
4.4. Triamine
  4.4.1. Key Market Trends, Growth Factors and Opportunities
  4.4.2. Market Size and Forecast, By Region
  4.4.3. Market Share Analysis, By Country
4.5. Others
  4.5.1. Key Market Trends, Growth Factors and Opportunities
  4.5.2. Market Size and Forecast, By Region
  4.5.3. Market Share Analysis, By Country

CHAPTER 5: POLY ETHER AMINE MARKET, BY APPLICATION

5.1. Market Overview
  5.1.1 Market Size and Forecast, By Application
5.2. Polyurea
  5.2.1. Key Market Trends, Growth Factors and Opportunities
  5.2.2. Market Size and Forecast, By Region
  5.2.3. Market Share Analysis, By Country
5.3. Adhesives And Sealants
  5.3.1. Key Market Trends, Growth Factors and Opportunities
  5.3.2. Market Size and Forecast, By Region
  5.3.3. Market Share Analysis, By Country
5.4. Composites
  5.4.1. Key Market Trends, Growth Factors and Opportunities
  5.4.2. Market Size and Forecast, By Region
  5.4.3. Market Share Analysis, By Country
5.5. Epoxy Coatings
  5.5.1. Key Market Trends, Growth Factors and Opportunities
  5.5.2. Market Size and Forecast, By Region
  5.5.3. Market Share Analysis, By Country
5.6. Fuel Additives
  5.6.1. Key Market Trends, Growth Factors and Opportunities
  5.6.2. Market Size and Forecast, By Region
  5.6.3. Market Share Analysis, By Country
5.7. Others
  5.7.1. Key Market Trends, Growth Factors and Opportunities
  5.7.2. Market Size and Forecast, By Region
  5.7.3. Market Share Analysis, By Country

CHAPTER 6: POLY ETHER AMINE MARKET, BY REGION

6.1. Market Overview
  6.1.1 Market Size and Forecast, By Region
6.2. North America
  6.2.1. Key Market Trends and Opportunities
  6.2.2. Market Size and Forecast, By Type
  6.2.3. Market Size and Forecast, By Application
  6.2.4. Market Size and Forecast, By Country
  6.2.5. U.S. Poly Ether Amine Market
    6.2.5.1. Market Size and Forecast, By Type
    6.2.5.2. Market Size and Forecast, By Application
  6.2.6. Canada Poly Ether Amine Market
    6.2.6.1. Market Size and Forecast, By Type
    6.2.6.2. Market Size and Forecast, By Application
  6.2.7. Mexico Poly Ether Amine Market
    6.2.7.1. Market Size and Forecast, By Type
    6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
  6.3.1. Key Market Trends and Opportunities
  6.3.2. Market Size and Forecast, By Type
  6.3.3. Market Size and Forecast, By Application
  6.3.4. Market Size and Forecast, By Country
  6.3.5. France Poly Ether Amine Market
    6.3.5.1. Market Size and Forecast, By Type
    6.3.5.2. Market Size and Forecast, By Application
  6.3.6. Germany Poly Ether Amine Market
    6.3.6.1. Market Size and Forecast, By Type
    6.3.6.2. Market Size and Forecast, By Application
  6.3.7. Italy Poly Ether Amine Market
    6.3.7.1. Market Size and Forecast, By Type
    6.3.7.2. Market Size and Forecast, By Application
  6.3.8. Spain Poly Ether Amine Market
    6.3.8.1. Market Size and Forecast, By Type
    6.3.8.2. Market Size and Forecast, By Application
  6.3.9. UK Poly Ether Amine Market
    6.3.9.1. Market Size and Forecast, By Type
    6.3.9.2. Market Size and Forecast, By Application
  6.3.10. Rest of Europe Poly Ether Amine Market
    6.3.10.1. Market Size and Forecast, By Type
    6.3.10.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
  6.4.1. Key Market Trends and Opportunities
  6.4.2. Market Size and Forecast, By Type
  6.4.3. Market Size and Forecast, By Application
  6.4.4. Market Size and Forecast, By Country
  6.4.5. China Poly Ether Amine Market
    6.4.5.1. Market Size and Forecast, By Type
    6.4.5.2. Market Size and Forecast, By Application
  6.4.6. Japan Poly Ether Amine Market
    6.4.6.1. Market Size and Forecast, By Type
    6.4.6.2. Market Size and Forecast, By Application
  6.4.7. India Poly Ether Amine Market
    6.4.7.1. Market Size and Forecast, By Type
    6.4.7.2. Market Size and Forecast, By Application
  6.4.8. South Korea Poly Ether Amine Market
    6.4.8.1. Market Size and Forecast, By Type
    6.4.8.2. Market Size and Forecast, By Application
  6.4.9. Australia Poly Ether Amine Market
    6.4.9.1. Market Size and Forecast, By Type
    6.4.9.2. Market Size and Forecast, By Application
  6.4.10. Rest of Asia-Pacific Poly Ether Amine Market
    6.4.10.1. Market Size and Forecast, By Type
    6.4.10.2. Market Size and Forecast, By Application
6.5. LAMEA
  6.5.1. Key Market Trends and Opportunities
  6.5.2. Market Size and Forecast, By Type
  6.5.3. Market Size and Forecast, By Application
  6.5.4. Market Size and Forecast, By Country
  6.5.5. Brazil Poly Ether Amine Market
    6.5.5.1. Market Size and Forecast, By Type
    6.5.5.2. Market Size and Forecast, By Application
  6.5.6. South Africa Poly Ether Amine Market
    6.5.6.1. Market Size and Forecast, By Type
    6.5.6.2. Market Size and Forecast, By Application
  6.5.7. Saudi Arabia Poly Ether Amine Market
    6.5.7.1. Market Size and Forecast, By Type
    6.5.7.2. Market Size and Forecast, By Application
  6.5.8. Rest of LAMEA Poly Ether Amine Market
    6.5.8.1. Market Size and Forecast, By Type
    6.5.8.2. Market Size and Forecast, By Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023

CHAPTER 8: COMPANY PROFILES

8.1. BASF SE
  8.1.1. Company Overview
  8.1.2. Key Executives
  8.1.3. Company Snapshot
  8.1.4. Operating Business Segments
  8.1.5. Product Portfolio
  8.1.6. Business Performance
  8.1.7. Key Strategic Moves and Developments
8.2. Huntsman International LLC.
  8.2.1. Company Overview
  8.2.2. Key Executives
  8.2.3. Company Snapshot
  8.2.4. Operating Business Segments
  8.2.5. Product Portfolio
  8.2.6. Business Performance
  8.2.7. Key Strategic Moves and Developments
8.3. Yangzhou Chenhua New Materials Co., Ltd;
  8.3.1. Company Overview
  8.3.2. Key Executives
  8.3.3. Company Snapshot
  8.3.4. Operating Business Segments
  8.3.5. Product Portfolio
  8.3.6. Business Performance
  8.3.7. Key Strategic Moves and Developments
8.4. Qingdao IRO Surfactant Co., Ltd.
  8.4.1. Company Overview
  8.4.2. Key Executives
  8.4.3. Company Snapshot
  8.4.4. Operating Business Segments
  8.4.5. Product Portfolio
  8.4.6. Business Performance
  8.4.7. Key Strategic Moves and Developments
8.5. 3N Composites
  8.5.1. Company Overview
  8.5.2. Key Executives
  8.5.3. Company Snapshot
  8.5.4. Operating Business Segments
  8.5.5. Product Portfolio
  8.5.6. Business Performance
  8.5.7. Key Strategic Moves and Developments
8.6. Actylis
  8.6.1. Company Overview
  8.6.2. Key Executives
  8.6.3. Company Snapshot
  8.6.4. Operating Business Segments
  8.6.5. Product Portfolio
  8.6.6. Business Performance
  8.6.7. Key Strategic Moves and Developments
8.7. Merck KGaA
  8.7.1. Company Overview
  8.7.2. Key Executives
  8.7.3. Company Snapshot
  8.7.4. Operating Business Segments
  8.7.5. Product Portfolio
  8.7.6. Business Performance
  8.7.7. Key Strategic Moves and Developments
8.8. Wuxi Acryl Technology Co. Ltd
  8.8.1. Company Overview
  8.8.2. Key Executives
  8.8.3. Company Snapshot
  8.8.4. Operating Business Segments
  8.8.5. Product Portfolio
  8.8.6. Business Performance
  8.8.7. Key Strategic Moves and Developments
8.9. Yantai Dasteck Chemicals Co., Ltd.
  8.9.1. Company Overview
  8.9.2. Key Executives
  8.9.3. Company Snapshot
  8.9.4. Operating Business Segments
  8.9.5. Product Portfolio
  8.9.6. Business Performance
  8.9.7. Key Strategic Moves and Developments
8.10. Clariant AG
  8.10.1. Company Overview
  8.10.2. Key Executives
  8.10.3. Company Snapshot
  8.10.4. Operating Business Segments
  8.10.5. Product Portfolio
  8.10.6. Business Performance
  8.10.7. Key Strategic Moves and Developments