Global glycerol monostearate market is anticipated to grow at a significant CAGR of 10.8% during the forecast period (2024-2031). A major factor supporting the growth of the market includes its extensive application across various industries. Glycerol monostearate is widely used as an emulsifier, thickening agent, and stabiliser in food and beverage products, cosmetics, pharmaceuticals, and personal care items. With the increasing demand for processed food products, cosmetics, and pharmaceuticals, the demand for glycerol monostearate is expected to rise globally. To meet the growing demand, key players are adopting different strategies.

For instance, in March 2023, Croda International plc, through its Indian subsidiary 'Croda India', unveiled plans to invest USD 5.4 million in the establishment of an advanced manufacturing plant in Dahej, Gujarat. This strategic initiative aims to address the escalating demand for pharmaceutical and consumer care products in the region.

Further, in May 2022, Evonik Industries AG launched its Applied Technology Center (ATC) in Sao Paulo, Brazil, marking a significant milestone for the company. The newly inaugurated facility encompasses advanced laboratories and two pilot plants, underscoring Evonik's commitment to enhancing its interface and performance business line. This division's agro-focused operations encompass a range of essential products such as emulsifiers, wetting agents, antifoams, and dispersants. Positioned as Evonik's third regional Agro Hub, following similar establishments in the U.S. and Germany, the Sao Paulo facility is poised further to solidify the company's global presence and industry leadership.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Purity
By Application
By End-use

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes BASF SE, Wilmar International Ltd., 3M Co., Evonik Industries AG, Kao Corp. and others.

Glycerol Monostearate Market Report Segment

By Purity

90%

By Application

Emulsifier
Thickener
Preservative

By End-use

Food & Beverages
Personal Care & Cosmetics
Pharmaceuticals

A full Report of Glycerol Monostearate Market is Available @  https://www.omrglobal.com/industry-reports/glycerol-monostearate-market

Glycerol Monostearate Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles

Schulman Inc. (LyondellBasell Industries Holdings B.V.)
Acm Chemicals
Akzo Nobel N.V.
Alpha Chemicals Pvt. Ltd.
Arkema SA
Clariant AG
Corbion NV
Croda International PLC.
Dupont de Nemours, Inc.
Estelle Chemicals Pvt. Ltd.
Evonik Industries AG
Gujarat Amines
Hangzhou Zanyu Oleo-Technology Co.,Ltd. (Hangzhou Oleochemicals Co., Ltd.)
Kao Cor.
Mohini Organics Pvt. Ltd
Nouryon Chemicals Holding B.V.
Oleon NV
RM CHEMICALS
Riken Vitamin Co., Ltd.
Solvay SA
Stepan Co.

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