Market Overview:
The global technical grade 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 technical grade glycerin in various applications such as metal working, adhesives and sealants, agricultural chemicals, industrial & institutional cleaners, oilfield chemicals, paints, coatings & inks and others. In terms of volume, North America is expected to lead the global technical grade glycerin market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Glycerin is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. It is produced commercially from propylene oxide and ethylene oxide. Glycerin can also be produced from renewable resources such as vegetable oils or animal fats.
80-90 Concentration (%):
80-90% concentration is the range where glycerin can be extracted from vegetable and animal fats with maximum yield. It has high demand in pharmaceutical, personal care and food industries. 80-90% glycerin is used as a raw material for manufacturing various technical grades of the product which are further utilized across several end-use industries such as cosmetics, medical & healthcare, food processing among others.
91-95 Concentration (%):
91-95% concentration of glycerin is a transparent, odorless, water-soluble liquid that is extensively used as an additive in technical grade propylene glycol and butane gas. It has applications in various end-use industries such as pharmaceuticals, cosmetics & personal care products and food processing industry. Technical grade 91-95% pure glycerin can be manufactured by two methods which are hydrolysis process and esterification process.
Application Insights:
Metal working was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Metalworking fluids, which include glycerin as a component, are used across multiple applications such as cutting oils, coolants/lubricants for machinery components and general industrial use. The demand for metal working fluids is anticipated to be driven by its ability to provide lubrication at high temperatures without exhibiting any adverse effects on the machining process itself. In addition, it also has properties that make it an ideal cooling agent owing to its sweet taste that masks corrosion when mixed with other liquids during processing of metals or alloys.
Adhesives & sealants are another key application areas where technical grade glycerin finds utility due to its adhesive properties along with low-temperature resistance making it suitable for hot-melt adhesives used across multiple industries including construction and automotive among others.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 30% of the global revenue share. The region is also expected to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, increasing population, and rising living standards resulting in increased consumer spending on household products including cleaning agents.
The Asia Pacific glycerin market is dominated by China which accounted for over 45% of total consumption in 2017 due to high demand from various end-use industries such as metal working, adhesives & sealants, paints & coatings and agricultural chemicals. Growing production capacities along with favorable government policies aimed at promoting domestic manufacturing output are expected to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for technical grade glycerin from the food and beverage industry as a humectant and sweetener.
- Rising demand for technical grade glycerin in the pharmaceuticals industry as a solvent, excipient, and stabilizer.
- Growing use of technical grade glycerin in personal care products as an emollient, moisturizer, and lubricant.
- Increasing adoption of biodiesel as a fuel alternative which will lead to increased demand for technical grade glycerin used in its production process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Technical Grade 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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Technical Grade Glycerin Market Report Segments:
The global Technical Grade 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 Technical Grade 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 Technical Grade 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
- Market Entry Strategies
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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?
Technical grade glycerin is a type of glycerin that has been purified and processed to have a higher quality. It is also more expensive than regular glycerin, but it has some benefits that make it worth using. Technical grade glycerin is often used in cosmetics because it is less likely to cause skin irritation or other problems.
Some of the key players operating in the technical grade glycerin market are Emery Oleochemicals, Cargill, Vantage Oleochemicals, VVF, PMC Biogenix, Twin Rivers Technologies, CREMER OLEO GmbH＆Co. KG, SABIC, KLK OLEO.
The technical grade glycerin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Technical Grade 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 Technical Grade Glycerin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Technical Grade 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 Technical Grade 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 Technical Grade Glycerin Market Size & Forecast, 2020-2028
4.5.1 Technical Grade Glycerin Market Size and Y-o-Y Growth
4.5.2 Technical Grade 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 Technical Grade 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 Technical Grade 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 Technical Grade Glycerin Market: Competitive Dashboard
14.2 Global Technical Grade 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
