Global Glycerol Market Research Report 2021

Glycerol is a simple polyol compound. It is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. The glycerol backbone is found in all lipids known as triglycerides. It is widely used in the food industry as a sweetener and humectant and in pharmaceutical formulations. Glycerol has three hydroxyl groups that are responsible for its solubility in water and its hygroscopic nature.
Factors such as acid rains, increase in the level of greenhouse gases, and an increase in air pollution are adversely affecting the environment and causing distress to the people. To reduce the harmful effects on the populace and to remain environment-friendly, the government is taking initiatives to promote the use of environmental-friendly products among the manufacturing sector. Moreover, the government is also raising awareness about the harmful effects of chemical compounds on the environment. Also, the government is also providing loans at a subsidized rate of interest and also at reasonable tax rates to shift toward bio-based chemical production. This, can further, fuel the growth of the market over the years.

Market Analysis and Insights: Global Glycerol Market
The global Glycerol market was valued at US$ 2202.2 million in 2019 and it is expected to reach US$ 4191 million by the end of 2026, growing at a CAGR of 9.5% during 2021-2026.

Global Glycerol Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Glycerol Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Biodiesel
Fatty Acids
Fatty Alcohols
Others

Segment by Application
Personal Care & Pharmaceuticals
Alkyd Resins
Foods & Beverages
Polyether Polyols
Tobacco Humectants
Others

By Company
Emery Oleochemicals
IOI Group
Oleon
Wilmar International
Archer Daniels Midland
Cargill
CREMER OLEO
Croda International
Godrej Industries
Procter & Gamble
Kao

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E