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2019 Glycerol Market Outlook and Development Status Review

Biodiesel emerged as the leading source of glycerol, accounting for over 1,400 kilo tons of glycerol production in 2013. Growing application market coupled with increased production of oleochemicals in Asia Pacific is expected to augment glycerol demand over the forecast period.

The Global Glycerol Market is expected to reach USD 2.52 billion by 2020, according to a new study by Grand View Research, Inc.


Personal care and pharmaceuticals were the largest application segment, with glycerol consumption exceeding 870 kilo tons in 2013. However, food & beverage is expected to be the fastest growing application segment at an estimated CAGR of 8.4% from 2014 to 2020, owing to improving lifestyle in emerging economies leading to increased consumption of processed and packed foods.

Global glycerol demand was 2,247.2 kilo tons in 2013 and is expected to reach 3,469.2 kilo tons by 2020, growing at a CAGR of 6.4% from 2014 to 2020. Alkyd resins and foods & beverages followed personal care & pharmaceuticals accounting for a market volume of 12.94% and 12.22% respectively.

Biodiesel was the largest source for production of glycerol accounting for 62.96% of the market in 2013. However, fatty alcohols are expected to be the fastest growing source for glycerol production at an estimated CAGR of 8.3% from 2014 to 2020.

To Know More About Glycerol Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/glycerol-market 

Top Players of Glycerol Market:

Top four companies including IOI Group, KL Kepong, Emery Oleochemicals and Wilmar International accounting for over 65% of market revenue in 2013. Other companies operating in the market include P&G, Kao Corporation, Cremer Gruppe and Oleon.

Market Segmentation of Glycerol Market:

The Global Glycerol Market segmented on the basis of Source, Application and Downstream Opportunities.

By Source:

Biodiesel
Fatty acids
Fatty alcohols
Soap industry

By Application:

Personal care & pharmaceuticals
Alkyd Resins
Foods & beverages
Polyether polyols
Tobacco humectants

By Downstream Opportunities:

Propylene Glycol
Epichlorohydrin
1,3 Propanediol

By Region:

North America
Europe
Asia Pacific
RoW

Inquire about Glycerol Market with Our Experts @ https://www.grandviewresearch.com/inquiry/491/ibb 
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