Glycerin Market Growth Drivers and Challenges:
Growth Drivers
- Growth in the Production of Paper: In the manufacture of paper, glycerin serves as a plasticizer, humectant, and lubricant. Additionally, it may be added to other ingredients in specialized treatments, such as grease-proofing. Because numerous papers are used as food wrappers or in hygienic products, glycerin's nontoxicity, odor lessness, and stability meet additional crucial quality standards. Hence, with the growing production of paper the market is also growing.
- Surge in Use of Glycerin in Cosmetics Products: To add smoothness and lubrication, glycerin is a harmless ingredient encompassed in many cosmetic and personal care items, such as toothpaste, soap, shaving cream, and skin/hair care items. Glycerol is an effective humectant in cosmetics as a result of its hygroscopicity, hydrophilicity, and solubility in water. This allows for a more gradual process of drying by reducing moisture loss from the product.
- Rise in Production of Biofuel: For about every 5 to 6 gallons of biodiesel generated, production facilities for the fuel produce significant amounts of crude glycerol as a byproduct product. The largest by-product of biodiesel manufacturing is typically glycerol, which accounts for around 11% of the total weight. In other words, the production of biodiesel results in the production of about 2 pounds of glycerol per gallon. This means that a biodiesel plant that produces approximately 29 million gallons per year will produce around 11499 tonnes of 99.9% pure glycerol.
Challenges
- Availability of Substitutes for Glycerin - Over the future years, market expansion is anticipated to be constrained by the accessibility of numerous replacements with superior qualities. For instance, propylene glycol is frequently utilized as a cheaper alternative to glycerin in cosmetic and toiletry goods. Additionally, glycerin can be replaced by ceramides in skincare products including moisturizers and lotions.
- High Price of Glycerin
- Adverse Effect of Glycerin on Health for Some People when Consumed
Glycerin Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
5.5% |
|
Base Year Market Size (2025) |
USD 3.13 billion |
|
Forecast Year Market Size (2035) |
USD 5.35 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of glycerin is estimated at USD 3.28 billion.
The global glycerin market size was more than USD 3.13 billion in 2025 and is anticipated to grow at a CAGR of over 5.5%, reaching USD 5.35 billion revenue by 2035.
Asia Pacific glycerin market will hold around 40% share by 2035, driven by growing demand for biodiesel and regional biofuel production capacity.
Key players in the market include Global Green Chemicals Public Company Limited, Wilmar International Ltd, KLK OLEO, Godrej Industries Limited, Cargill, Incorporated, Procter & Gamble, Kao Corporation, Emery Oleochemicals, Glaconchemie, Granol.
