New York – September 29, 2022 - Research Nester’s recent market research analysis on “Glycerin Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the market segmentation by product type, source, grade, manufacturing process, application, and by region. 

Surge in the use of glycerin in cosmetics products to boost the industry growth

The glycerin market is estimated to rise owing to a surge in the use of glycerin in cosmetics products. Glycerin is a safe chemical found in a variety of cosmetic and personal care products, including toothpaste, soap, shaving cream, and skin/hair care products, to enhance smoothness and lubrication. Glycerol's hygroscopicity, hydrophilicity, and water solubility make it a useful humectant in cosmetics. Minimizing moisture loss from the goods, enables a drying process that is more progressive.

In the pharmaceutical sector, glycerin is additionally employed as a sweetener in syrups, lozenges, and eyewash solutions. It can be found in eardrops, jellies, and topical creams in addition to expectorants, suppositories, and gel capsules. Due to an increase in the prevalence of chronic cardiac conditions, consumption of glycerin is predicted to increase during the anticipated period.

In the next years, market expansion is anticipated to be constrained by the availability of numerous alternatives with superior attributes. For instance, propylene glycol is widely utilized as a less expensive alternative to glycerin in cosmetic and personal care products. Ceramides can substitute for glycerin in lotions and moisturizers for skin care.  

By manufacturing process, the glycerin market is segmented into transesterification, saponification, and fat splitting. Amongst these, the transesterification segment is expected to garner the highest revenue, further growing at the largest CAGR over the forecast period. During the transesterification process, a triglyceride (fat/oil) combines with an alcohol to create esters and glycerol. Three long-chain fatty acids are joined to the glycerin base molecule to form a triglyceride. The characteristics of the fat depend on the kind of fatty acids that are linked to glycerin. The composition of the fatty acids may then have an effect on the properties of the biodiesel. During the esterification process, a catalyst—typically a powerful alkaline material like sodium hydroxide—helps join the triglyceride and alcohol. The alcohol combines with the fatty acids to create the mono-alkyl ester, biodiesel, and crude glycerin.

Access our detailed report on “Glycerin Market Size & Share, by Product Type (Refined Glycerin, Crude Glycerin); Source (Biodiesel, Vegetable Oils, Animal Fats, Synthetic); Grade (USP Grade, Technical Grade); Manufacturing Process (Transesterification, Saponification, Fat Splitting); Application (Chemical Intermediates, Cosmetics & Personal Care, Food & Beverage, Pharmaceutical & Healthcare, Others) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2022-2035”

https://www.researchnester.com/reports/glycerine-market/2681

By region, the glycerin market in Asia Pacific is anticipated to grow at the highest CAGR of 7.0% over the forecast period. The largest and fastest-growing regional glycerol market is in Asia Pacific. Glycerin is used in a variety of industries in the region, including the food industry, cosmetics, and pharmaceuticals, because of its many beneficial properties. The market is expanding as a result of ongoing innovation and improvements in the use of glycerin in numerous goods.

This report also provides the existing competitive scenario of some of the key players of the global glycerin market which includes company profiling of Global Green Chemicals Public Company Limited, Wilmar International Ltd, KLK OLEO, Godrej Industries Limited, Cargill, Incorporated, Procter & Gamble, Kao Corporation, Emery Oleochemicals, Glaconchemie, Granol, and other.