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Glycerol Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2015 –

2022

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Source Overview

Glycerol Market size is predicted to surpass $4 billion by end of 2022 and register CAGR of 6.6% during forecast timeframe. As glycerol is extensively used in emollients and lotions, strong personal care segment overview is expected to be a key aspect for industry growth. Further, downstream oleochemicals industry applications are also predicted to be key growth drivers for the industry.

Glycerol Market

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Biodiesel has been the main source of glycerol in past and produced more than 1,400 kilo tons of glycerol in 2013. It was the largest glycerol source during that year. Over 68% of glycerol output was acquired through bio-diesel for 2015. Bio-diesel is predicted to contribute about 2,700 kilo tins by 2022 and experience steady gains in future. Fatty alcohols are predicted to be fast growing glycerol source. Glycerol output from fatty alcohols is predicted to expand at more than 6.8% CAGR.

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Application Overview

The industry is segmented into various applications like pharmaceuticals & personal care, healthcare and food & beverages. Personal care and pharmaceutical segment contributed greater than 38% to the industry share for 2015. Growing consciousness about dietary supplements and healthcare cosmetics along with strong demographic trends are the factors predicted to contribute towards the growth of this segment in APAC, East Europe and Latin America

Regional Overview

APAC is the industry leader with its total revenue share predicted to surpass $1.4 billion mark by end of 2022. Due to its large oleochemicals foundation, it is also a biggest producer of glycerol and its growth is supplemented by China, Malaysia, India and Thailand glycerol market price trend. U.S. glycerol market size is led by bio-diesel as the main source with its consumption predicted to surpass 700 kilo tons by end of forecast timeframe. Pharmaceuticals & personal care applications led the industry demand contributing more than 38% of overall consumption for 2014.

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Europe glycerol market size, by application, 2012-2022 (Kilo tons)

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