글리세롤 시장 규모, 점유율 및 성장 분석 : 등급별, 원료별, 용도별, 지역별 - 업계 예측(2026-2033년)

Global Glycerol Market size was valued at USD 3.43 Billion in 2024 and is poised to grow from USD 3.67 Billion in 2025 to USD 6.35 Billion by 2033, growing at a CAGR of 7.1% during the forecast period (2026-2033).

The global glycerol market is experiencing robust growth, driven by increasing demand from various sectors such as pharmaceuticals, cosmetics, food and beverages, and personal care. This surge is accentuated by consumer preferences for natural and sustainable ingredients, particularly in skincare products. Additionally, the biodiesel industry produces substantial glycerol as a by-product, enhancing availability and reducing costs. However, challenges persist, including fluctuations in crude oil prices affecting feedstock, corrosion issues stemming from glycerol impurities, regulatory scrutiny on production processes, and uneven supply-demand dynamics in specific regions. Despite these obstacles, advancements in purification technology and a rise in bio-based glycerol products are fueling growth, alongside ongoing investments in research and development to enhance glycerol derivatives and their applications, underpinning further market expansion.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Glycerol market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Glycerol Market Segments Analysis

Global Glycerol Market is segmented by Grade, Source, Application and region. Based on Grade, the market is segmented into Refined Glycerin and Crude Glycerin. Based on Source, the market is segmented into Fatty Acids, Fatty Alcohols and Biodiesels. Based on Application, the market is segmented into Pharmaceuticals, Tobacco Humectants, Alkyd Resins, Industrial Chemicals, Food & Beverage, Polyether Polyols and Personal Care & Cosmetics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Glycerol Market

The expansion of the global glycerol market is significantly influenced by the rising utilization of glycerol in personal care and pharmaceutical products, particularly in the realm of glycerol-infused cosmetics such as skincare and haircare items. Glycerol's outstanding moisturizing properties and its ability to stabilize various formulations, combined with its non-toxic nature, make it an ideal component in a wide array of products. Additionally, the growing consumer awareness and preference for natural or bio-based ingredients are further propelling the adoption of glycerol in premium cosmetics and healthcare sectors across the globe, enhancing its market presence.

Restraints in the Global Glycerol Market

The rapid growth of biodiesel production has resulted in a substantial surplus of crude glycerol, causing fluctuations in prices. These price inconsistencies generate uncertainty for refiners and end-users, ultimately affecting their profit margins and strategic planning. Such irregular pricing dynamics can hinder investment in necessary infrastructure for refining high-purity glycerol, especially in critical markets. As a consequence, the volatility associated with commodity pricing introduces challenges that may discourage stakeholders from committing to long-term projects and investments in glycerol refinement and production capabilities. This ongoing instability poses a significant restraint on the global glycerol market.

Market Trends of the Global Glycerol Market

The Global Glycerol market is witnessing a significant shift towards bio-based and sustainable ingredients, reflecting a broader trend across various industries. Manufacturers are actively seeking glycerol derived from renewable feedstocks to meet stringent environmental regulations and cater to the rising consumer demand for eco-friendly products. This movement is particularly prominent in sectors such as personal care, food, and pharmaceuticals, where sustainability and product safety are increasingly influencing consumer choices. As companies prioritize eco-conscious practices, bio-based glycerol is emerging as a vital differentiator, positioning itself as a cornerstone for innovation and growth in an evolving market landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Customer Buying Behavior Analysis

Global Glycerol Market Size by Grade & CAGR (2026-2033)

• Market Overview
• Refined Glycerin
• Crude Glycerin

Global Glycerol Market Size by Source & CAGR (2026-2033)

• Market Overview
• Fatty Acids
• Fatty Alcohols
• Biodiesels

Global Glycerol Market Size by Application & CAGR (2026-2033)

• Market Overview
• Pharmaceuticals
• Tobacco Humectants
• Alkyd Resins
• Industrial Chemicals
• Food & Beverage
• Polyether Polyols
• Personal Care & Cosmetics

Global Glycerol Market Size & CAGR (2026-2033)

• North America (Grade, Source, Application)
  • US
  • Canada
• Europe (Grade, Source, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Grade, Source, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Grade, Source, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Grade, Source, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Wilmar International Limited (Singapore)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Emery Oleochemicals Group (Malaysia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cargill, Incorporated (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Archer Daniels Midland Company (ADM) (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Godrej Industries Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IOI Oleochemical Industries Berhad (Malaysia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Procter & Gamble Chemicals (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vantage Specialty Chemicals, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Oleon NV (Belgium)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cremer Oleo GmbH & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Repsol S.A. (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PT Musim Mas (Indonesia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KLK OLEO (Malaysia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Dow Chemical Company (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations