Glycerol Market
The Glycerol Market growth at a CAGR of 6.45% & expected USD 4.20 billion by 2029. It is analyzed as source, type, downstream application and end user.

Introduction

A naturally occurring alcohol is glycerol. It is an odourless liquid that is employed as a medication, solvent, and sweetener.

Glycerol pulls water into the intestines when it is present, softening stools and easing constipation. Glycerol draws water so that it stays in the body for a longer period of time when it is present in the blood. An athlete may be able to exercise longer as a result.

Glycerol is used by people to treat some skin problems, constipation, and to enhance athletic performance. There isn’t any solid scientific proof to back up its usage for ailments including stroke, obesity, ear infections, and a host of others.

Definition

The chemical substance glycerol, which is viscous, colourless, odourless, sweet-tasting, and non-toxic, is a member of the alcohol family. Glycerol has the chemical formula C3H8O3. It is a simple polyol compound. Lipids, sometimes called glycerides, are the principal source of the glycerol backbone.

One of the main elements favourably affecting the expansion of the glycerol market is a notable rise in the consumption of low-fat food items. Biodiesel converts to glycerol, which is regarded as a clean-burning fuel by a wide range of end-user industries. Additionally, glycerol plays a significant role in the production of gums, resins, and paints & coatings. During the projected period, the market’s growth rate is anticipated to be driven by a rise in the usage of personal and cosmetic items among consumers who have rising per capita incomes and changing lifestyles.

Uses of glycerol

  • ConstipationGlycerol can be administered as an enema in the rectum or as a suppository to treat constipation in adults and children older than two. It has this use approval from the US FDA.
  • Athletic performance- Glycerol taken orally with water during exercise helps the body stay hydrated for a longer period of time. However, it’s unclear if this enhances athletic performance.
  • Ichthyosis is a hereditary skin condition that results in dry, scaly skin- In children with ichthyosis, a special product (Dexeryl, Pierre Fabre Laboratoires) combining glycerol and paraffin relieves symptoms including scaling and itching. It’s unclear if using glycerol by itself is beneficial.

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Market Growth of glycerol market

  • According to data from Data Bridge Market Research, the glycerol market was valued at USD 2.55 billion in 2021 and is projected to grow to USD 4.20 billion by 2029, showing a CAGR of 6.45% from 2022 to 2029. 
  • The market reports created by Data Bridge Market Research include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis, and deficit analysis of supply chain and demand in addition to insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players.

Fundamentals of Glycerol MarketĀ 

To enhance the flavor and smoothness of medicinal products, glycerol is frequently used. Cough syrups contain glycerol to reduce throat irritation, which can cause coughing. Additionally, it is utilized to help swallowing pills simpler. These are the main elements that are likely to raise glycerol demand in the pharmaceutical industry and accelerate market expansion.

During the anticipated period of 2022 to 2029, the glycerol market will be driven by the rising demand for the substance in the cosmetic and personal care industries. Pharmaceuticals are used in cosmetic goods in a similar way. Glycerol is used in a variety of personal care products, including skincare, hair care, soaps, shaving cream, and water-based personal lubricants, as a way to provide lubrication and improve smoothness. Additionally, the sales of personal and cosmetic care goods have increased due to expanding urbanisation and rising disposable income among diverse people throughout the world. As a result, these elements will have a big impact on how the glycerol industry expands.

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