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Glycerin - Market Analysis, Trends, and Forecasts

  • ID: 338596
  • Report
  • February 2020
  • Region: Global
  • 353 Pages
  • Global Industry Analysts, Inc
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Glycerin market worldwide is projected to grow by US$1.4 Billion, driven by a compounded growth of 6.5%. Transesterification, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.9 Billion by the year 2025, Transesterification will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 5.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$49 Million to the region's size and clout in the next 5 to 6 years. Over US$41.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Transesterification will reach a market size of US$90.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.8% over the next couple of years and add approximately US$385.2 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,
  • Archer Daniels Midland Company
  • BASF SE
  • Cargill, Inc.
  • CREMER OLEO GmbH & Co. KG
  • Croda International Plc
  • Ecogreen Oleochemicals
  • Godrej Industries Ltd.
  • IOI Group
  • Kao Corporation
  • KLK OLEO
  • Pacific Oleochemicals Sdn Bhd
  • PMC Biogenix Inc.
  • Procter & Gamble Chemicals
  • PT. Cisadane Raya Chemicals
  • PT. Sumi Asih Oleochemical Industry
  • Sakamoto Yakuhin Kogyo Co. Ltd.
  • Thai Glycerine Co. Ltd.
  • The Dow Chemical Company
  • Twin Rivers Technologies Inc.
  • Vance Group Ltd.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Glycerin: A Non-Toxic Polyol Compound with Widespread Applications

Recent Market Activity

Market Overview & Outlook

Competition

Vegetable Glycerin Market Poised to Witness Healthy Growth

Supply Glut of Crude Glycerin to Continue with Biodiesel Production Slated to Cross 14 Billion Gallons by 2020

Emerging New Uses of Crude Glycerin Bring the Promise of Easing Supply Surpluses of Refined Glycerin in the Medium to Long-Term Period

Government Initiatives to Drive Glycerol Consumption

Falling Prices of Petroleum Derived Feedstock to Challenge Glycerin Demand

Growing Global Spending on Medicines Drives Glycerin Use in the Pharmaceutical End-Use Sector

Global Competitor Market Shares

Glycerin Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT PLAYERS

Archer Daniels Midland Company

BASF SE

Cargill, Inc.

CREMER OLEO GmbH & Co. KG

Croda International Plc

Ecogreen Oleochemicals

Godrej Industries Ltd.

IOI Group

Kao Corporation

KLK OLEO

Pacific Oleochemicals Sdn Bhd

PMC Biogenix, Inc.

Procter & Gamble Chemicals

PT. Cisadane Raya Chemicals

PT. Sumi Asih Oleochemical Industry

Sakamoto Yakuhin Kogyo Co., Ltd.

Thai Glycerine Co., Ltd.

The Dow Chemical Company

Twin Rivers Technologies, Inc.

Vance Bioenergy Sdn. Bhd.

3. MARKET TRENDS & DRIVERS

Rising Volume of Processed Food Production & Replacement of Polyols to Sustain Glycerin Use in Food Processing

Growing Trend of Using Healthful Ingredients to Boost Athletic Endurance to Spur Demand for Glycerin in Sport and Fitness Nutrition Products

Strong Demand for Cosmetics Supported by Consumer Focus on Appearance Maintenance Drives Demand for Glycerin

Glycerin Emerges as a High Profile Macro-Ingredient in Animal Feed Rations

Glycerin as a Renewable Feedstock for Chemicals to Benefit from the Migration Towards Sustainable Production Practices

Technical Versatility of Glycerin Expands Application Opportunities in the Industrial Sector

Growing Focus on Hydrogen as a Clean Fuel to Spur Use of Glycerin in Hydrogen Gas Production

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Glycerin Market Share (in %) by Company: 2020 & 2025

Market Analysts

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Glycerin Market: Competitor Market Share Scenario (in %) for 2020 & 2025

Market Analysts

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 59

Note: Product cover images may vary from those shown
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