The global Glycerine market stood at approximately 4442 thousand tonnes in 2024 and is expected to grow at a CAGR of 5.42% during the forecast period until 2035. The market is anticipated to grow due to expanding demand for Glycerine in the Pharmaceutical Industry.Ìý
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Glycerine is a natural substance with a sweet taste. It is a thick liquid and is colorless, odorless, and non-toxic. Triglycerides, esters of glycerol with long-chain carboxylic acids, are the most commonly used raw material for synthesizing glycerol. Plant and animal sources generally contain triglycerides. Glycerine is synthesized when these triglycerides are either hydrolyzed, transesterified, or saponified. Furthermore, Glycerine can also be synthesized by a variety of propene-based processes.
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Glycerine is widely utilized in the food and beverage industries as a sweetener. Furthermore, it is employed as an emollient in medicinal and cosmetic formulations. Due to the hydroxyl groups, Glycerine has water-absorbing properties. Glycerine is antibacterial and antiviral qualities. It is frequently used in cosmetic, pharmaceutical, and personal care preparations to improve the smoothness and suppleness of the skin and heal skin damage. Glycerine is employed in the pharmaceutical industry for allergen immunotherapies, cough syrups, elixirs and expectorants, glycerine soaps, and water-based personal lubricants. The most popular remedy for chronic angina, the chest discomfort caused by heart disease, is nitroglycerin. By using topical pure or pure glycerol, psoriasis, wounds, cuts, scars, rashes, bedsores, and blisters can be treated.Ìý
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The market drivers of the global Glycerine market are the healthcare, cosmetic, and medical industry. The medication of Glycerine is used as a moisturizer to treat or prevent dry, rough, scaly, itchy skin and minor skin irritations in the healthcare industry. The rising awareness regarding hygiene is further propelling the demand for Glycerine by the cosmetic and healthcare industry and is likely to boost the market globally in upcoming years. Due to having antimicrobial and antiviral properties, Glycerine is widely used in the pharmaceutical sector. The Glycerine market will most likely expand and reach approximately 7920 thousand tonnes in 2035.
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Regionally, Asia Pacific is the dominating region all over the world that demands the most significant volume of Glycerine. This region consumed roughly 48% of the global Glycerine market in 2024. In the upcoming years, the global Glycerine market is anticipated to grow in this region due to rising demand in the food and beverage industry for Glycerine as a sugar alternative and for food preservation applications in countries like India and China. As China is one of the major consumers of Glycerine, rapidly increasing demand in other end-use industries, including pharmaceutical, automotive, food and beverages, and others, is likely to boost the Glycerine market in the Asia Pacific region.Ìý Furthermore, North America also holds a prominent market position after Asia Pacific region. Moreover, USA is the leading producer of the global Glycerine market.
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Based on the end-use, the Glycerine market is segmented into applications like Pharmaceuticals and Cosmetics, Food and Beverage, Alkyd resins, Poly-ether Polyols, Tobacco and Others. Drug Formulations is the largest application. The usage of Glycerine for other applications like Solvent, Capsule Coating, and Excipient is also expected to exponentially grow in the forecast period.
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Significant companies for Global Glycerin are HBI Group, VVF India Ltd., Others (Emery Oleochemicals, Kao Corporation)
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Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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This report will be delivered on an online digital platform with one-year subscription and quarterly update.
The objective of the Study:Ìý
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• To assess the demand-supply scenario of Glycerine, which covers the production, demand, and supply of Glycerine around the globe.
• To analyze and forecast the market size of Glycerine.Ìý
• To classify and forecast the Global Glycerine market based on end-use and regional distribution.
• To examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., of the Glycerine market.
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To extract data for the Global Glycerine market, primary research surveys were conducted with Glycerine manufacturers, suppliers, distributors, wholesalers, and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ¹û½´ÊÓÆµ was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ¹û½´ÊÓÆµ analyzed various segments and projected a positive outlook for the Global Glycerine market over the coming years.Ìý
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¹û½´ÊÓÆµ calculated Glycerine demand across the globe by analyzing the volume of Glycerine consumed by the end-use applications and the forecast is calculated based on the growth rate of end-use applications. ¹û½´ÊÓÆµ sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ¹û½´ÊÓÆµ.Ìý
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Key Target Audience:
• Glycerine manufacturers and other stakeholders
• Organizations, forums and alliances related to Glycerine distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
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The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Glycerine manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
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Report Scope:
In this report, Global Glycerine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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Attribute
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Details
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Market size Volume in 2024
4442 thousand tonnes
Market size Volume by 2035
7920 thousand tonnes
Growth Rate
CAGR of 5.42% from 2024 to 2034
Base year
2024
Estimated year
2025
Historic Data
2015Ìý– 2023
Forecast period
2026 – 2035
Quantitative units
Demand in thousand tonnes and CAGR from 2025to 2035
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Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use Application, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
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Segments covered
By End-Use: Pharmaceuticals and Cosmetics, Food and Beverage, Alkyd Resins, Poly-ether Polyols, Tobacco
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By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
With the given market data, ¹û½´ÊÓÆµ offers customizations according to a company’s specific needs.
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Market Data & Insights
Table of Content
1. Industry Market SizeÌý
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Glycerine market in terms of value and volume.
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2. Capacity By CompanyÌý
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Glycerine.
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3. Capacity By LocationÌý
To better understand the regional supply of Glycerine by analyzing its manufacturers' location-based capacity.Ìý
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4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
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5. Production By CompanyÌý
Study the historical annual production of Glycerine by the leading players and forecast how it will grow in the coming years.Ìý
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6. Demand by End- Use Application
Discover which end-user application, Pharmaceuticals and Cosmetics, Food and Beverage, Alkyd resins, Poly-ether Polyols, Tobacco and others are creating a market and the forecast for the growth of the Glycerine market.Ìý
7. Demand by Region
Analyzing the change in demand of Glycerine in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.Ìý
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8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Glycerine. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
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9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Glycerine.
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10. Company Share
Figure out what proportion of the market share of Glycerine is currently held by leading players across the globe.Ìý
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11. Country-wise Export
Get details about quantity of Glycerine exported by major countries.Ìý
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12. Country-wise Import
Get details about quantity of Glycerine imported by major countries.Ìý
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13. Manufacturing Process
Discover insights into the intricate manufacturing process of Glycerine.
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supply of the product in the market at a Global level.
What was the global market size of Glycerine in terms of volume for 2024?ÌýÌý
Ans:
The global market size of Glycerine was approximately 4442 thousand tonnes in 2024, and it is expected to soar with a CAGR of 5.42% in the forecast period.
Q2.
What are the major end-use application of Glycerine?Ìý
Ans:
Glycerine is majorly employed in Drug Formulations.ÌýÌý
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Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database)
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