According to a market report by Lucintel, the future of the global glycerine market looks promising with opportunities in the food & beverage, pharmaceutical, alkyd resin, tobacco, personal care & cosmetic, automotive, and polyether polyol markets. The global glycerine market is expected to grow with a CAGR of 3.1% from 2025 to 2031. The major drivers for this market are the increasing demand for personal care products, the rising use in pharmaceutical formulations, and the growing applications in food & beverages.
A more than 150-page report to understand trends, opportunity and forecast in glycerine market to 2031 by source (vegetable oils, biodiesel, soaps, and synthetic), process (transesterification, saponification, and fat splitting), grade (technical grade and pharmaceutical grade), application (food & beverage, pharmaceuticals, alkyd resins, tobacco, personal care & cosmetics, automotive, polyether polyols, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the source category, biodiesel is expected to witness the highest growth over the forecast period.
Within the application category, pharmaceutical is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Cargill Incorporated, Kao Corporation, Wilmar International, IOI Corporation Berhad, Louis Dreyfus Company are the major suppliers in the glycerine market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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