About Refined Glycerine
Refined glycerine is a water-soluble, colorless, odourless, vicious liquid with a high boiling point. Refined glycerine is used in various applications because of it is non-toxic to human health and the environment. It is used in pharmaceuticals, food, paints, textiles, cosmetics, pet food and daily chemical applications. Refined glycerine also functions as a solublizer, plasticizer, or moisturizing or preserving agent.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Global Refined Glycerine is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hebei Dechuang Chemical Equipment Co., Ltd. (China), Cargill (United States), Godrej Industries (India), Twin Rivers Technology (United States), Thai Glycerine Co., Ltd. (Thiland), Pacific Oleochemicals (Malaysia), Wilmar International (Singapore), Kao Chemicals (Japan), Vance Bioenergy (Malaysia) and CREMER OLEO GmbH & Co. KG (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Refined Glycerine market by and Region.
On the basis of geography, the market of Refined Glycerine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-Use Verticals, the sub-segment i.e. Pharmaceuticals will boost the Refined Glycerine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales, the sub-segment i.e. Online will boost the Refined Glycerine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Barrels will boost the Refined Glycerine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Size, the sub-segment i.e. 50 Kg will boost the Refined Glycerine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
According to Title 21 CFR 182.1320 of the federal register, glycerin is a multiple purpose generally recognized as a safe (GRAS) food substance when used according to good manufacturing practice. According to Title 40 CFR 180.950 of the federal register, glycerin is exempt from a tolerance by the US Environmental Protection Agency, i.e. it may be used at any concentration in EPA-regulated material. However, glycerin produced as a biodiesel by-product has occasionally been implicated in EPA violations involving dumping excessive amounts of glycerin into the environment. Details of any incident involving the production of organic glycerin were not found.
Market Drivers
- Increasing Application of Refined Glycerine as a Skin Care Product
- Rising Usage of an Alcohol Substitute in Herbal and Botanical Tincture Preparation
Opportunities
- Growing Demand and Usage from Cosmetics and Phrmaceutical Industry
Restraints
- Allergy-Related Risk with the Refined Glycerine
Challenges
- Lack of Interdependence between Supply and Demand
Key Target Audience
Refined Glycerine Manufacturers, Refined Glycerine Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.