Glycerol Market Size Will Grow Beyond $3 Billion By 2024 | Hexa Research


Free Press Release DB | Press Release Date : Jul 25, 2017  Download


The global glycerol market is expected to grow at a CAGR of above 6% over the forecast period of 2016 to 2024


The global Glycerol Market is projected to surpass USD 3 billion by 2024. Glycerol is used extensively in a variety of consumer products on account of to its nutrition values and non-toxicity. The applications of glycerol range from various food preservatives & sweeteners to anti-freeze chemicals & explosives. Moreover, it is a potential chemical platform for the renewable production of various chemicals. It provides a nature-friendly and economical alternative.

 

A rapid growth in various healthcare technologies is anticipated to boost the market growth over the forecast period (from 2016 to 2024). However, the uncertain supply of feedstock is likely to hinder the growth of the global market. Moreover, low margins for refining methods may also further hamper the overall market growth. The global market is divided into applications, sources, and regions.

 

Browse Details of Report @ http://www.hexaresearch.com/research-report/glycerol-industry/

 

The pharmaceuticals and personal care were the dominating application sectors of the glycerol market in 2015. However, the food & beverages sector is estimated to become the fastest-growing application sector with a healthy CAGR of over 8.4 % during the forecast period. This can be attributed to the improving lifestyle in various developing economies that further results into the increased consumption and demands for packed and processed foods. Polyether polyols sector is also witnessing a rapid growth due to rising usage of low-cal sweeteners in various food products. Other applications include perfume production, explosive production, tobacco humectants, etc.

 

The biodiesel sector was the biggest source for the production of glycerol in 2015. It occupied over 63 % of the overall market share. However, the fatty alcohols sector is estimated to be the leading source for the glycerol production with a CAGR of over 9 % from 2016 to 2024.

Asia-Pacific was the largest regional glycerol market in 2015 that held over 40 % of the global market volume. The region is further estimated to be the leading market for glycerol growing at a CAGR of over 8 % during the estimated years. The Europe region was also dominating glycerol consumer on account of high demands in the pharmaceuticals, food & beverages, and personal care sectors. The product demands from the Middle East & Africa are also likely to increase.

 

Some of the major market players include Cognis Corp.; Solvay SA; Procter & Gamble Chemicals; Kuala Lumpur Kepong Berhad; Wilmar International; Godrej Industries Ltd.; and Sofiproteol Group.

 

Browse Category Related Market Reports @
https://www.hexaresearch.com/research-category/renewable-chemicals-industry


About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

 

Contact Us:

Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - http://www.hexaresearch.com/




Contact Person & Company

Name

:

Carrol Topp

Company

:

Hexa Research

Contact Numbers

Telephone No.

:

8004893075

Fax No.

:

8004893075

Handphone No.

:

8004893075

Website

Website 1

:

Website 2

:

Youtube

:

PR Tags

:

Glycerol Market, Glycerol Market Size, Glycerol Market Share, Glycerol Market Growth, Glycerol Market Analysis,

Address

Felton Office Plaza

6265 Highway 9

95018, Felton

California


Contact The Author



Contact Carrol Topp






More Press Release From Author



Construction Chemicals - Waterproofing Construction Chemicals and Building Construction Chemicals


Free Press Release DB :

Construction Chemicals Market Size, Industry Analysis Report, Regional Outlook, Application Development, Price Trend, Competitive Market Share & Forecast, 2016 To 2024 --> Read This Press Release !



By : Carrol, Topp ( Dec 13, 2017 )
Category : Science Press Release | Country : United States Press Release




Parking Sensors Market To Grow At A CAGR Of 18.3% by 2020


Free Press Release DB :

Parking sensors are used in automobiles which assist the drivers to park the vehicle safely. --> Read This Press Release !



By : Carrol, Shaw ( Dec 13, 2017 )
Category : Technology Press Release | Country : United States Press Release




Fish Oil Market Expected To Reach Near $4 Billion By 2020


Free Press Release DB :

Presence of key nutrition including omega 3 acids, eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in fish oil is one of the key factors driving the fish oil market. --> Read This Press Release !



By : Ryan, Shaw ( Dec 7, 2017 )
Category : Food and Drinks Press Release | Country : United States Press Release





Read More Articles From Carrol Topp



Disclaimer

The author of the press releases are solely responsible for the content of their press releases. Freepressreleasedb.com can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.




Report Abuse