PUBLISHER: The Business Research Company | PRODUCT CODE: 1704467
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704467
Glycerol derivatives encompass a range of chemical compounds derived from glycerol, also known as glycerin or propane-1,2,3-triol. Glycerol is a simple polyol compound with three hydroxyl (OH) groups, and it can undergo various reactions, either chemical or enzymatic, to produce different derivatives.
The main products of glycerol derivatives include 4-(Hydroxymethyl)-1,3-Dioxolan-2-One, polyglycerol, propane-1,2,3-triyl triacetate, 1,3-propanediol, propylene glycol, and others. 4-(Hydroxymethyl)-1,3-Dioxolan-2-One, also known as Dioxolane, has the molecular formula C4H6O3. These derivatives come in various grades, including bio-based and petroleum-based, and serve end users in industries such as food and beverage, pharmaceuticals, cosmetics, personal care, construction, and others.
The glycerol derivatives market research report is one of a series of new reports from The Business Research Company that provides glycerol derivatives market statistics, including the glycerol derivatives industry global market size, regional shares, competitors with the glycerol derivatives market share, detailed glycerol derivatives market segments, market trends, and opportunities, and any further data you may need to thrive in the glycerol derivatives industry. These glycerol derivatives market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The glycerol derivatives market size has grown strongly in recent years. It will grow from $16.11 billion in 2024 to $17.34 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased production of glycerol, increased focus on sustainability and reducing carbon footprint, increased demand from pharmaceuticals and cosmetics, and growth for the utilization of glycerol.
The glycerol derivatives market size is expected to see strong growth in the next few years. It will grow to $22.91 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing focus on sustainability and renewable resources, growing industrialization, increasing production of biodiesel, and growing demand for environmentally friendly chemicals, and increasing inventories. Major trends in the forecast period include advanced materials, healthcare innovations, advancements in green chemistry techniques, modular and scalable production systems, and collaboration and partnerships.
The growth of the food and beverage industry is expected to drive the expansion of the glycerol derivatives market. The food and beverage industry encompasses the production, processing, distribution, and sale of food and drink products. This sector is expanding due to factors such as urbanization, economic growth, rising incomes, health and wellness trends, globalization, and the influence of social media. Glycerol derivatives play a crucial role in the food and beverage industry, offering various benefits that enhance product quality, stability, and consumer appeal. For example, in April 2024, the National Association of Convenience Stores (NACS), a US-based trade organization, reported that total industry foodservice sales accounted for 26.9% of in-store sales in 2023, up from 25.6% in 2022. Additionally, prepared food sales rose by 12.2% per store per month, making it the leading in-store category. Moreover, in May 2024, the British Soft Drinks Association's 2024 Annual Report noted that the total volume of soft drinks consumed increased from 14,114 million liters in 2021 to 15,343 million liters in 2023, with an intermediate total of 14,912 million liters in 2022. Therefore, the growth of the food and beverage industry is fueling the rise of the glycerol derivatives market.
Major players in the glycerol derivatives market are concentrating on developing innovative products, such as wax-based pearlizers, to improve the functionality and attractiveness of their offerings. Wax-based pearlizers are additives that utilize glycerol derivatives such as glycerol oleate to achieve opacifying and pearlescent effects in personal care products. For instance, BASF SE, a Germany-based chemical company, introduced Euperlan NL Pearl in December 2022, the first COSMOS-compliant wax-based pearlizer designed for rinse-off applications. This new pearlizer is environmentally friendly and suitable for solutions free of ethylene oxide and sulfate surfactants. Euperlan NL Pearl contains natural ingredients such as hydrogenated vegetable oil, cocamidopropyl betaine, and glyceryl oleate. Glycerol derivative glyceryl oleate acts as an emulsifier, emollient, and skin conditioning agent, contributing to the pearlizer's excellent performance in hair care applications, including wet and dry combing tests, anti-hair breakage measurements, and suppleness assessments.
In October 2023, Lootah Biofuels, a UAE-based provider of sustainable energy solutions, partnered with Deasyl SA to innovate biofuel and glycerol valorization manufacturing processes. This collaboration aims to develop sustainable and efficient methods for producing biofuels and valuable by-products from crude glycerol, a biodiesel production by-product. Deasyl SA, a Switzerland-based company specializing in green chemistry and sustainable solutions, particularly in biofuels and glycerol, is part of this partnership.
Major companies operating in the glycerol derivatives market are Shell Plc, Cargill Incorporated, Archer Daniels Midland Company, BASF SE, The Procter & Gamble Company, The Dow Chemical Company, ThyssenKrupp AG, Mitsubishi Chemical Corporation, Saudi Basic Industries Corporation, Merck KGaA, Evonik Industries AG, Solvay SA, Sasol Limited, Arkema SA, Akzo Nobel N.V., Kerry Group plc, Huntsman Corporation, Lonza Group AG, Nouryon, Clariant AG, Stepan Company, Croda International Plc, Tokyo Chemical Industry Co. Ltd., Sakamoto Yakuhin Kogyo Co. Ltd., Acuro Organics Limited, Haihang Industry Co. Ltd.
Asia-Pacific was the largest region in the glycerol derivatives market in 2024. The regions covered in the glycerol derivatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the glycerol derivatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The glycerol derivatives market consists of sales of glycerides, glycerol ethers, and glycerol phosphates. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Glycerol Derivatives Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on glycerol derivatives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for glycerol derivatives ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The glycerol derivatives market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.