DUBLIN--(BUSINESS WIRE)--The "Global
Glycerin Market - Segmented by Grade, Source, Application, and Geography
- Growth, Trends, and Forecast (2018 - 2023)" report has been
added to ResearchAndMarkets.com's offering.
The global Glycerin market is expected to grow at a moderate rate during the forecast period, 2018 to 2023.
Glycerin is a by-product, produced while manufacturing biodiesel from animal fats, and vegetable oil. Rising demand for alternative fuel vehicles among consumers in European Union and North America has increased the consumption of biodiesel. According to European Automobile Manufacturer Association (ACEA), 852,933 alternative fuel vehicles were registered in the European Union in 2017.
Pharmaceutical application will continue to dominate the market for glycerin during the forecast period. Glycerin is an important raw material used for manufacturing products such as creams, jellies, eye-drops, syrups, and lozenges amongst others due to its smoothening, moisturizing, and sweetening properties. Increase in spending on medication and rising use of new and expensive medicinal products due to increasing health concern has propelled the consumption of pharmaceutical products in the recent years.
Asia-Pacific is projected to dominate the glycerin market, during the forecast period, owing to the growing demand from personal care application. Increase in consumer spending on mass and premium personal care products coupled with increasing population in countries, such as India, China, Japan, and South Korea has increased the consumption of glycerin. In addition, rise in cosmetics sales due to growing tourism industry in countries, such as Thailand, Vietnam, and Cambodia has increased the production of personal care products, which in turn is expected to drive the demand for glycerin for personal care application during the forecast period.
- P&G Chemicals
- Cargill Inc.rporated
- KLK OLEO
- Wilmar International Ltd.
- Vance Group Ltd.
- Polysciences Inc.
- Kao Corporation
- The Dow Chemical Company
- Dutch Glycerin Refinery
- SAV LP GmbH
- Louis Dreyfus Company Agricultural Industries LLC
- Twin Rivers Technologies Inc.
- J N Chemical
- VVF L.L.C.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/lbkl5m/global_glycerin?w=4