Ready Yourself for Challenges in the Time of COVID-19. Here’s What Stakeholders Need to Know About the Evolving Global Glycerin Market
The global market for Refined Glycerin is forecast to reach US$3.6 billion by 2027, driven by the growing preference for renewable feedstocks as against petroleum derived feedstocks and fairly encouraging business climate in all major end-use application sectors like food and pharma which continue to grow driven by growing population, increasing affluence and rising healthcare needs.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Glycerin market. Report segmentation includes Process Type (Transesterification, Saponification, Fat Splitting); Source (Biodiesel, Vegetable Oils, Soaps, Synthetic); End-Use (Industrial, Chemical Intermediates) ).
10 June 9:48 A.M., California/Marketwire/ - According to the new market research report, the global market for Refined Glycerin is forecast to reach US$3.6 billion by 2027, driven by the growing preference for renewable feedstocks as against petroleum derived feedstocks and fairly encouraging business climate in all major end-use application sectors like food and pharma which continue to grow driven by growing population, increasing affluence and rising healthcare needs. Other major factors sustaining growth in consumption of refined glycerin include favorable prices of glycerin as compared to other petroleum-based substitutes, and strong R&D investments in innovating new uses of glycerin. The global Glycerin market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Transesterification, one of the segments analyzed and sized in this study, is forecast to grow at over 5.6% and reach a market size of US$1.7 billion by the end of the analysis period.
Key Competitors Covered in the Report
Archer Daniels Midland Company
CREMER OLEO GmbH & Co. KG
Croda International Plc
Godrej Industries Ltd.
Pacific Oleochemicals Sdn Bhd
PMC Biogenix Inc.
Procter & Gamble Chemicals
PT. Sumi Asih Oleochemical Industry
Sakamoto Yakuhin Kogyo Co. Ltd.
Thai Glycerine Co. Ltd.
Twin Rivers Technologies Inc.
Vance Group Ltd.
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 4969. Among this pool, 894 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 149 unique participations, a total of 67 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.