Asia Pacific Glycerine Market size was around USD 0.74 billion in 2017. It is expected to grow at a CAGR of 7.9% to reach USD 1.09 billion by 2022.
Glycerine which is also known as glycerol, is a polyhydric alcohol majorly found in vegetable and animal oil. The product is derived from either natural resources or petroleum feedstock and is generated during the manufacturing process of biodiesel and soap. The market has numerous applications in medical formulations, industrial chemical manufacturing, and moisture retention. It is also extensively utilized in the food industry as a sweetener and humectant.
The Glycerine market is segmented by source, by process, and by application. By source, the market is categorized into Vegetable Oils, Synthetic, Soaps, and Biodiesel. Growing demand for natural ingredients among end-use shoppers with respect to cosmetics, food & beverages, and personal care Industries is predicted to contribute significantly towards the growth of the market. On the basis of process, the market is segmented into Saponification, Transesterification, and Fat Splitting. Transesterification of triglycerides with alcohols is a reaction that's extensively employed in biodiesel production plants. The growing demand for renewable sources of energy is predicted to drive the biodiesel market over the next decade, thereby driving the growth of the overall Glycerine market. Based on Application, the market is segmented into Industrial chemicals, Food and Beverages, Personal Care, and others. The personal care segment is projected to develop at the highest growth rate during the forecast period.
By geography, the market is segmented into India, China, Korea, Japan and others. The Asia-Pacific region is the largest marketplace for glycerol, in terms of revenue, followed by Europe and North America. The expansion is mainly attributed to the increasing consumption in countries like China, India, and Japan, with regards to personal care products. A significant rise in demand for hair care and oral care products are also leading to the expansion of the Glycerine market.
Key players in the market include The Dow Chemical Company, Procter & Gamble, Parchem fine & specialty chemicals, NOW Foods, Essential Depot, VVF L.L.C., Cargill Incorporation, Dutch Glycerin Refinery (DGR), Avril Group, Inc. among others.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Vegetable Oils
5.1.3 Synthetic
5.1.4 Soaps
5.1.5 Biodiesel
5.1.6 Y-o-Y Growth Analysis, By Source
5.1.7 Market Attractiveness Analysis, By Source
5.1.8 Market Share Analysis, By Source
5.2 Process
5.2.1 Introduction
5.2.2 Saponification
5.2.3 Transesterification
5.2.4 Fat splitting
5.2.5 Y-o-Y Growth Analysis, By Process
5.2.6 Market Attractiveness Analysis, By Process
5.2.7 Market Share Analysis, By Process
5.3 Application
5.3.1 Introduction
5.3.2 Industrial Chemicals
5.3.3 Food and Beverages
5.3.4 Personal Care
5.3.5 Others
5.3.6 Y-o-Y Growth Analysis, By Application
5.3.7 Market Attractiveness Analysis, By Application
5.3.8 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By Process
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Process
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By Process
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 The Dow Chemical Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Procter & Gamble
8.3 Parchem fine & speciality chemicals
8.4 NOW Foods
8.5 Essential Depot
8.6 VVF L.L.C.
8.7 Cargil Incorporation
8.8 Dutch Glycerin Refinery (DGR)
8.9 Avril Group Inc.
8.10 Godrej Industries
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
