The global glycerol industry was estimated at $4.3 billion in 2021, and is expected to hit $5.1 billion by 2031, registering a CAGR of 1.7% from 2022 to 2031.  

Allied Market Research published a report, titled, 'Glycerol Market by Source (Biodiesel, Fatty Alcohol, Fatty Acid, and Others), Product (Refined Glycerin and Crude Glycerin), and End-use Industry (Personal Care, Food & Beverages, Pharmaceuticals, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031. 

Access Full Summary Report: https://www.alliedmarketresearch.com/glycerol-market-A16434 

Drivers, restraints, and opportunities- 

Increased adoption of natural products and rise in biodiesel production to boost the glycerol supply and demand chain drive the growth of the global glycerol market. On the other hand, fluctuating prices of raw materials impede the growth to some extent. However, surge in demand from emerging economies is expected to create lucrative opportunities in the industry. 

Key players in the industry- 

• Emery Oleochemicals 

• Kao Corporation 

• Oleon NV 

• Wilmar International Ltd. 

• IOI Oleochemical 

• Musim Mas Group 

• Ecogreen Oleochemicals 

• KLK OLEO 

• Croda International 

• Procter & Gamble Chemicals