Glycerin Market Projected to Reach Close to 3.4 Billion Pounds by 2015, According to New Report by Global Industry Analysts, Inc.

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A broad array of applications coupled with use in food and personal care spurred growth in demand for glycerin. With diverse end applications propelling consumption, market for glycerin is projected to reach 3.39 billion pounds by 2015.

Glycerin: A Global Strategic Business Report

Consumption of glycerin is expected to be strong due to consistent demand from the pharmaceuticals, personal care, food and beverage segments. A wide range of applications and eco-friendly nature of products are the key factors driving market expansion. Europe and Asia-Pacific account for a over 55% of the global glycerin market, as stated by Global Industry Analysts, Inc.

Global consumption of glycerin in pharmaceuticals and personal care is estimated at 1091 million pounds. Europe represents the largest market for glycerin in the world. Glycerin consumption in Europe is estimated at 871 million pounds and the same is expected to register a CAGR of close to 1.7% over the period 2001-2010. Glycerin market in Asia-pacific is expected to grow fastest, registering a CAGR of nearly 4.2% over the period 2001-2010.

Leading global and regional players operating in the market include Cognis Corporation Group, Cognis Oleochemicals, Croda International Plc, Dial Corporation, Dow Chemical Company, Godrej Industries, IOI Oleochemical Industries Berhad, Acidchem International Sdn Bhd, Kao Corporation, Pacific Oleochemicals Sdn Bhd, Palm-Oleo Sdn Bhd, Procter & Gamble Chemicals, PT Cisadane Raya Chemicals, PT Sinar Oleochemical International, PT Sumi Asih Oleochemical Industry, Setuza A.S, Unilever Holdings Sdn. Bhd and United Coconut Chemicals.

"Glycerin: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, end-use applications, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets including United States, Canada, Japan, France, Germany, the UK, Italy, Spain, Asia-Pacific, Latin America and the Middle East for the period 1991-2015. Analytics are provided in terms of end-use segments including Pharmaceuticals & Personal Care, Food & Beverages, Tobacco, Polyether Polyols, Alkyd Resins and Others.

For more details about this research report, please visit

About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

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