Glycerine Market Analysis 2030

The global Glycerine Market size is predicted to reach USD 5.86 billion by 2030 with a CAGR of 5.8% from 2025-2030.The glycerine market is driven by elements such as increase in personal care industry, rise in chemical sector, and increase in pharmaceutical industry. The availability of glycerol substitutes, such as sorbitol and butylene glycol, restrains the sector’s growth. On the other hand, the inclination tends to shift towards sustainable and greener solutions is helping to create enough opportunities of the market in future.

Click Here For Free Sample

The availability of alternatives for glycerol including sorbitol, butylene glycol, and others importantly hinders the growth of the glycerine market. These alternative products often offer same compositions at a lower cost or with better performance in most applications making them favourable choices for industries. Due to that, the widespread application of these alternatives limits the need for glycerol posing a crucial restraint to the market's expansion.

The inclining shift towards sustainable and greener solutions is creating enough opportunities in the future for the glycerine market trends. The enterprises shift towards greener alternatives, glycerine that comes from bio-based sources is better as a raw material for biofuels and production of energy. Glycerol is a byproduct of biodiesel production, that is used in energy applications, including as a feedstock for renewable energy solutions, continues to grow.

The glycerine market report is segmented on the basis of source, grade, application, and region. Based on source, the market is divided into, natural and synthetic. On the basis of grade, the market is divided into USP grade, technical grade, and others. Based on application, the market is segmented into refractories, batteries, lubricants, foundries, decarburising, and others. Based on end-user, the market is divided into aerospace, petrochemical, energy, food, transportation, defense, and others. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and Rest of The World (Row).

Various market players operating in the glycerine industry includes Cargill Incorporated, Kraton Polymers, Wilmar International, Solvay S.A., P&G Chemicals, Oleon NV, Emery Oleochemicals LLC, The Dow Chemical Company, Vantage Specialty Chemicals, Vance Group Ltd., Kao Corporation, Godrej Industries Limited, ADM, KLK Oleo, Cremer Oleo GmbH & Co. KG and others. These companies are adopting strategies such as product launches to remain dominant in the sector.