Market Overview:
The global industrial glycerin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial glycerin from various end-use industries, such as metal working, adhesives and sealants, agricultural chemicals, industrial & institutional cleaners, oilfield chemicals, paints, coatings & inks and others. In terms of volume (KT), Asia Pacific is expected to lead the global market with a share of more than 35%, followed by Europe and North America.
Product Definition:
Glycerin, also called glycerol, is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. It is a natural component of fats and oils. Industrial glycerin is used in the manufacture of cosmetics, pharmaceuticals, foods, and other products.
80-90 Concentration (%):
80-90% concentration is the range where glycerin can be extracted from vegetable oils. It has a characteristic of being less expensive than its counterpart, 100% glycerin. 80-90% concentration is used in pharmaceutical and personal care industries owing to its characteristics such as humectant (it retains moisture), skin & hair conditioning, solvent (for instance, for extraction of fats or waxes from animal or plant sources) and non-toxic in nature.
91-95 Concentration (%):
91-95% concentration of glycerin is a colorless, odorless, water-soluble liquid that is used as an additive in the production of plasticizers and lubricants. It has applications in numerous industries including food & beverages, pharmaceuticals, cosmetics & personal care.
Application Insights:
The metal working application segment led the global market and accounted for more than 35.0% share of the total revenue in 2017. The product is widely used in various applications such as cutting oils, water-based cutting fluids, coolants, lubricants and greases for metalworking fluids. It is also used as a corrosion inhibitor in ferrous alloys along with being an essential component of protective coatings utilized on many industrial machinery components.
Glycerin can be naturally derived from vegetable sources or it can be manufactured from fats and oils using chemical synthesis procedures including hydrolysis & esterification reactions which have been well established within the global petroleum industry over recent years.
Regional Analysis:
Asia Pacific dominated the global industry and accounted for over 45% of the total volume in 2017. The region is expected to witness significant growth in glycerin demand owing to increasing product consumption in industrial manufacturing, metal working, adhesives & sealants, agricultural chemicals and oilfield chemicals applications. China is projected to remain a key market for global glycerin over the forecast period as it has been one of the largest manufacturers of these products with advanced processing techniques.
North America emerged as a prominent regional market accounting for 18% of total volume share in 2017 on account rising demand from end-use industries including paints & coatings, automotive refinish additives and institutional cleaners especially from U.S.
Growth Factors:
- Increasing demand for biofuels: The industrial glycerin market is expected to benefit from the increasing demand for biofuels. Biofuels are produced by using renewable resources such as vegetable oils, animal fats, and waste cooking oil. This helps in reducing greenhouse gas emissions and also improves the fuel economy.
- Growing use of glycerin in personal care products: Glycerin is used as an ingredient in a large number of personal care products such as skin creams, lotions, shampoos, soaps, etc. The growing use of these products is expected to drive the growth of the industrial glycerin market during the forecast period.
- Rising demand from pharmaceuticals industry: Glycerin is extensively used in various pharmaceutical formulations owing to its properties such as solubility and stability at high temperatures. This is likely to boost the growth of the industrial glycerin market during the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Glycerin Market Research Report
By Type
80-90 Concentration (%), 91-95 Concentration (%), >95 Concentration (%)
By Application
Metal Working, Adhesives and Sealants, Agricultural Chemicals, Industrial & Institutional Cleaners, Oilfield Chemicals, Paints, Coatings & Inks, Others
By Companies
Emery Oleochemicals, Cargill, Vantage Oleochemicals, VVF, PMC Biogenix, Twin Rivers Technologies, CREMER OLEO GmbH＆Co. KG, SABIC, KLK OLEO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Glycerin Market Report Segments:
The global Industrial Glycerin market is segmented on the basis of:
Types
80-90 Concentration (%), 91-95 Concentration (%), >95 Concentration (%)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metal Working, Adhesives and Sealants, Agricultural Chemicals, Industrial & Institutional Cleaners, Oilfield Chemicals, Paints, Coatings & Inks, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Emery Oleochemicals
- Cargill
- Vantage Oleochemicals
- VVF
- PMC Biogenix
- Twin Rivers Technologies
- CREMER OLEO GmbH＆Co. KG
- SABIC
- KLK OLEO
Highlights of The Industrial Glycerin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 80-90 Concentration (%)
- 91-95 Concentration (%)
- >95 Concentration (%)
- By Application:
- Metal Working
- Adhesives and Sealants
- Agricultural Chemicals
- Industrial & Institutional Cleaners
- Oilfield Chemicals
- Paints, Coatings & Inks
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Glycerin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial glycerin is a type of glycerin that is used in industrial applications. It is a clear, colorless liquid with a sweet taste and low odor. It is most commonly used as an additive to food products to improve their texture, flavor, and shelf life.
Some of the major players in the industrial glycerin market are Emery Oleochemicals, Cargill, Vantage Oleochemicals, VVF, PMC Biogenix, Twin Rivers Technologies, CREMER OLEO GmbH＆Co. KG, SABIC, KLK OLEO.
The industrial glycerin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Glycerin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Glycerin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Glycerin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Glycerin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Glycerin Market Size & Forecast, 2020-2028
4.5.1 Industrial Glycerin Market Size and Y-o-Y Growth
4.5.2 Industrial Glycerin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 80-90 Concentration (%)
5.2.2 91-95 Concentration (%)
5.2.3 >95 Concentration (%)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Metal Working
6.2.2 Adhesives and Sealants
6.2.3 Agricultural Chemicals
6.2.4 Industrial & Institutional Cleaners
6.2.5 Oilfield Chemicals
6.2.6 Paints
6.2.7 Coatings & Inks
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Glycerin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Glycerin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 80-90 Concentration (%)
9.6.2 91-95 Concentration (%)
9.6.3 >95 Concentration (%)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Metal Working
9.10.2 Adhesives and Sealants
9.10.3 Agricultural Chemicals
9.10.4 Industrial & Institutional Cleaners
9.10.5 Oilfield Chemicals
9.10.6 Paints
9.10.7 Coatings & Inks
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 80-90 Concentration (%)
10.6.2 91-95 Concentration (%)
10.6.3 >95 Concentration (%)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Metal Working
10.10.2 Adhesives and Sealants
10.10.3 Agricultural Chemicals
10.10.4 Industrial & Institutional Cleaners
10.10.5 Oilfield Chemicals
10.10.6 Paints
10.10.7 Coatings & Inks
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 80-90 Concentration (%)
11.6.2 91-95 Concentration (%)
11.6.3 >95 Concentration (%)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Metal Working
11.10.2 Adhesives and Sealants
11.10.3 Agricultural Chemicals
11.10.4 Industrial & Institutional Cleaners
11.10.5 Oilfield Chemicals
11.10.6 Paints
11.10.7 Coatings & Inks
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 80-90 Concentration (%)
12.6.2 91-95 Concentration (%)
12.6.3 >95 Concentration (%)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Metal Working
12.10.2 Adhesives and Sealants
12.10.3 Agricultural Chemicals
12.10.4 Industrial & Institutional Cleaners
12.10.5 Oilfield Chemicals
12.10.6 Paints
12.10.7 Coatings & Inks
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 80-90 Concentration (%)
13.6.2 91-95 Concentration (%)
13.6.3 >95 Concentration (%)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Metal Working
13.10.2 Adhesives and Sealants
13.10.3 Agricultural Chemicals
13.10.4 Industrial & Institutional Cleaners
13.10.5 Oilfield Chemicals
13.10.6 Paints
13.10.7 Coatings & Inks
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Glycerin Market: Competitive Dashboard
14.2 Global Industrial Glycerin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emery Oleochemicals
14.3.2 Cargill
14.3.3 Vantage Oleochemicals
14.3.4 VVF
14.3.5 PMC Biogenix
14.3.6 Twin Rivers Technologies
14.3.7 CREMER OLEO GmbH＆Co. KG
14.3.8 SABIC
14.3.9 KLK OLEO
