Glycerine (glycerol) is a simple polyol compound with humectant, solvent, and emollient properties
Market Overview
Derived as a byproduct from biodiesel production, animal fats, and vegetable oils
Widely used across food, pharmaceuticals, personal care, and industrial applications
Key ingredient in skincare, haircare, and oral care products due to moisturizing properties
Market Value & Growth Projections
Market Value & Growth Projections
Global market valued at USD 716.39 million in 2024
Projected to reach USD 875.53 million by 2030
CAGR of 3.40% during the forecast period
Key Market Drivers:
Rising demand in personal care and pharmaceutical sectors Expanding food and beverage industry applications Growth in biodiesel production increasing glycerine supply Advancements in glycerine refining technologies
Market Segmentation
By Type
By Application
Key Market Players
Oleon
Wilmar International
KAO
Cargill
Regional Market Analysis
North America: Dominated by the United States with high demand in personal care and pharmaceutical sectors
Europe: Major contributors include Germany, UK, and France
Asia-Pacific: Led by China and India due to rising consumption in cosmetics, food, and industrial applications
Middle East & Africa: Steady growth from increasing industrial applications and expanding pharmaceutical industries
South & Central America: Brazil is a key player due to extensive biodiesel production and growing personal care markets
