About Glyceryl Rosinate
Glyceryl rosinate is a monoester of mixed long-chain acids and glycerin derived from a plant-based ingredient known as rosin. It is widely used in cosmetics as the surfactant, skin conditioning agent and emulsifier. It also used as an alternative to brominated vegetable oil in citrus oil flavored soft drinks. Glyceryl rosinate market has high growth prospects owing to increasing demand from the food and cosmetic industry. Further, growing demand from the developing economies expected to drive the demand for glyceryl rosinate over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.0% |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Glyceryl Rosinate market throughout the forecasted period. 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.
Eastman Chemical Company (United States), Parchem Fine & Specialty Chemicals (United States), Skyrun Industrial Co., Ltd. (China), Triveni Chemicals (India), Univar USA (United States), Uniform Synthetics (India), Reichhold Chemicals, Inc. (United States), Gem Synthetics & Polymers (India) and Dujodwala Products Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Neostar United Industrial Co., Ltd. (China) and Rosewachem Co., Ltd (China).
Segmentation Overview
AMA Research has segmented the market of Global Glyceryl Rosinate market by Type (Food Grade and Cosmetic Grade), Application (Food Additives, Food Ingredient Stubs, Drink Stabilizer and Personal Care Products) and Region.
On the basis of geography, the market of Glyceryl Rosinate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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 Sales Channel, the sub-segment i.e. Direct will boost the Glyceryl Rosinate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Applications as Emulsification Stabilizer in Soft Drink
Market Growth Drivers:
Growing Demand from Cosmetic Industry and Increasing Application as Food Additive
Challenges:
Lack of Awareness in the Emerging Economies
Restraints:
Stringent Government Regulations Regarding Chemicals
Opportunities:
Growing Demand from the Food Industry and Increasing Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In 2021, Eastman Chemical Company announced that it has acquired 3F Feed & Food, a European chief specializing in the technical and industrial improvement of components for animal feed and human food. Located in Spain, 3F's enterprise and belongings are anticipated to give a boost to and aid endured international boom of Eastman's animal vitamin enterprise and will grow to be phase of its Additives & Functional Products segment.
On March 14, 2023, Ingevity launched its VERDENA™ bio-based functional resins, which are partially derived from Glyceryl Rosinate, for use in coatings and adhesives applications.
“According to the International Journal of Toxicology, The safety of 43 glyceryl monoesters listed as cosmetic ingredients was reviewed in a safety assessment completed in 2000. Additional safety test data pertaining to Glyceryl Rosinate and Glyceryl Hydrogenated are presented in the Final Report of the Amended Safety Assessment. Glyceryl monoesters are used mostly as skin-conditioning agents—emollients and/or surfactant—emulsifying agents in cosmetics. The following 20 glyceryl monoesters are currently reported to be used in cosmetics are Glyceryl Rosinate, Glyceryl Laurate, Glyceryl Behenate, Glyceryl Caprylate, Glyceryl Caprylate/Caprate, Glyceryl Cocoate, Glyceryl Erucate, Glyceryl Linoleate, Glyceryl Linolenate, Glyceryl Myristate, Glyceryl Oleate/Elaidate, Glyceryl Palmitate, Glyceryl Polyacrylate, and others.”
Key Target Audience
Traders and Distributors of Glyceryl Rosinate, Research and Development Institutes, Potential Investors, Raw Material Suppliers, Nationalized Laboratory 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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.