The global glycerol market size will grow by USD 965.8 million during 2019-2023. This industry research report provides a detailed analysis of the market based on application (pharma and personal care, alkyd resins, food and beverages, polyether polyols, tobacco humectants, and others), source (biodiesel, fatty acids, fatty alcohols, and soap industry), and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several glycerol manufacturers including Archer Daniels Midland, Cargill, Emery Oleochemicals, IOI Corporation Berhad, Procter & Gamble, and Wilmar International.

Below are some of the key findings from this glycerol market analysis report:


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Global glycerol industry overview

The growing demand for glycerol in personal care and pharmaceutical products will lead to market growth. The expanding interest for healthy skin items and the increasing use of glycerol in pharmaceutical and personal care products is encouraging the development of the market. Glycerol is used as a thickener, emulsifier, lubricant, and additive in personal care products. In the pharmaceutical segment, glycerol is utilized in eye ointments and laxatives. It mitigates water loss from the body during vomiting and diarrhea. Thus, the growing demand for glycerol in personal care and pharmaceutical products will drive the glycerol market growth at a CAGR of more than 7% during the forecast period.