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Glycerol Market Share

Report ID: GMI327
Published Date: Jun 2024
Report Format: PDF

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Glycerol Market Share

Global Glycerol Company Market Share, (2023)

Leading glycerol firms are adopting strategies, such as vertical integration and diversification along with strategic collaboration with biodiesel producers to expand their portfolio. Vertical integration is allowing these companies to control the entire production process from raw materials to final delivery for ensuring quality and cost effectiveness. Investments in R&D activities is also essential to develop new glycerol-based products.

Glycerol Market Companies

Major players operating in the glycerol industry include:

P&G Chemicals
BASF
Kao Corporation
Dow Chemical Company
Archer Daniel Midland
Wilmar International

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of glycerol was reached USD 4.9 billion in 2023 and is expected to exceed USD 7.8 billion by 2032, due to its rising prominence as an important ingredient in skin care, hair care, and oral cleansers.

Glycerol industry from the refined type segment recorded over USD 4.1 billion in 2023 and will generate over USD 6.7 billion by 2032, due to its high purity and versatility, making it suitable for a wide range of high-value applications.

Asia Pacific glycerol market size reached over USD 1.9 billion in 2023 and will surpass USD 3.1 billion by 2032, attributed to the expanding biodiesel production, particularly in countries like Indonesia and Malaysia

P&G Chemicals, BASF, Kao Corporation, Dow Chemical Company, Archer Daniel Midland, and Wilmar International