Global Glycerol Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Global Glycerol Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2012 To 2020

Industry Insights

Global glycerol market is expected to be over USD 2billion in terms of revenue over the forecast period.

Increasing use of biofuels and oleochemicals is expected to drive market growth. It is non-toxic and

nutritious and therefore it is widely used in consumer products. Additionally, it is used in preservatives

and food sweeteners depending on their reactions to chemical. New healthcare technologies can

provide potential opportunities to the glycerol market.

Global consumption was over 2,000 kilo tons in 2013 and is expected to be over 3,400 kilo tons by 2020,

growing at CAGR of over 6% for the forecast period. It can be used in production of renewable chemicals

opening new avenues for market participants. Factors such as unstable government policies,

unpredictable feedstock supply and expensive refining processes are expected to restrict market

growth.

Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/glycerol-industry/

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Source Insights

Major sources for the glycerol market include biodiesel, fatty acid, fatty alcohols and soap industry.

Previously, glycerol was produced by synthetic processes which were uneconomical for large

production. Currently biodiesel emerged as the key source for glycerol producing 1400 kilo tons

whichaccount over 62% of the global market for 2013. Additionally fatty alcohols are estimated to be

fastest growing source for glycerol production at a CAGR of over 8.0%. This growth is due to expansion

of transesterification process.

Application Insights

Glycerol is used in various application segments including personal care, pharmaceutical, food &

beverages, alkyd resins, polyether polyols and tobacco humectants. As of...