Glycerin Market Worth 3.12 Billion USD by 2021
PUNE, India, April 26, 2017 /PRNewswire/ --
The report "Glycerin Market by Process (Transesterification, Saponification, Fat Splitting), Source (Vegetable Oils, Biodiesel, Soaps, Synthetic), Application (Industrial, Chemical intermediates), Grade, Region - Global Forecast to 2021", published by MarketsandMarkets™, The market was valued at USD 2.19 Billion in 2015 and is projected to reach USD 3.12 Billion by 2021, at a CAGR of 6.8% from 2016 and 2021.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 106 market data tables and 45 figures spread through 151 pages and in-depth TOC on "Glycerin Market - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/glycerin-market-74363543.html
Early buyers will receive 10% customization on this report.
Increasing awareness among consumers regarding the benefits of natural ingredients is expected to benefit the growth of the glycerin market in the personal care, pharmaceuticals & healthcare, and food & beverages segments. Increasing scope of application of glycerin in producing chemical intermediates is also expected to drive demand during the forecast period.
Request for Sample PDF of the Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=74363543
Transesterification process led the glycerin market
Transesterification of triglycerides with alcohols is a reaction that is extensively used in biodiesel production plants. The growing demand for renewable sources of energy is expected to drive the biodiesel market from 2016 to 2021. This is expected to benefit the growth of the glycerin market, as transesterification is the most commonly used process for producing biodiesel from triglycerides.
Demand for glycerin manufactured from vegetable oils to register the highest growth rate during the forecast period
Growing popularity of natural ingredients among end-use consumers such as cosmetics, food & beverages, and personal care industries is expected to lead to the growth of the glycerin market, for glycerin derived from vegetable oils. Glycerin produced from various plant lipids is called vegetable glycerin, and typical plant oils used to produce glycerin are palm oils, soy oils, coconut oils, and other oils.
Asia-Pacific region is the largest consumer of glycerin
The Asia-Pacific region is the largest market for glycerin, in terms of value, followed by Europe and North America. The growth can be attributed to the rapidly increasing consumption in countries such as China, India, and South Korea for personal care products. A steady demand since the past few years for hair care and oral care products along with rising consumer interest in color cosmetics is leading to the growth of glycerin production in the Asia-Pacific region. Rising income levels in these countries are also expected to drive the market in the food & beverages and cosmetics industries.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=74363543
The key players for Glycerin Market profiled in the report include Emery Oleochemicals (Malaysia), IOI Oleochemicals (Malaysia), KLK Berhad (Malaysia), Wilmar International (Singapore), Godrej Industries (India), Croda International Plc (U.K.), P&G Chemicals (U.S.), Kao Corporation (Japan), Avril Group (France), Cargill Incorporated (U.S.), Cremer (Germany), PT Smart Tbk (Indonesia), Vitusa Products Inc. (U.S.), Pacific Oleochemicals Sdn Bhd (Malaysia), PT Cisadane Raya Chemicals (Indonesia), Sakamoto Yakuhin Kogyo Co., Ltd. (Japan), PT Sumi Asih Oleochemicals Industry (China), Twin Rivers Technologies (U.S.), Olin Corporation (U.S.), PT Bakrie Sumatera Plantations Tbk (Indonesia), Timur Oleochemicals (Malaysia), and Vegetable Vitamin Foods Company Pvt Ltd. (India).
Browse Related Reports:
E-series Glycol Ether Market by Type (EGPE, EGBE, EGBEA), Application (Paints & Coatings, Printing Ink, Cleaners, Cosmetics & Personal Care, Pharmaceuticals, Automotive, Chemical Intermediates), and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/e-series-glycol-ether-market-91035639.html
Propylene Glycol Market by Source (Petroleum, Bio-based), Application (Unsaturated Polyester Resin, Pharmaceuticals & Cosmetics, Antifreeze & Functional Fluid, Liquid Detergent, Plasticizer) - Global Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/propylene-glycol-market-264488864.html
Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
For more information, please visit http://www.marketsandmarkets.com
Share this article