Asia Pacific Glycerol Derivatives Market Size & Outlook
Asia Pacific glycerol derivatives market, 2018-2030 (US$M)
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Asia Pacific glycerol derivatives market highlights
- The Asia Pacific glycerol derivatives market generated a revenue of USD 5,878.4 million in 2022.
- The market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, bio-based was the largest revenue generating grade in 2022.
- Bio-based is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 5,878.4 million |
| Market revenue in 2030 | USD 10,436.2 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Bio-based |
| Fastest growing segment | Bio-based |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bio-based, Petroleum-based |
| Key market players worldwide | Shell PLC, Tokyo Chemical Industry, DuPont de Nemours Inc, Solvay SA, Croda International PLC, Cargill, Primient, Haihang Industry Co., Stepan Co, Thyssenkrupp AG, Repsol SA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.9% of the global glycerol derivatives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,436.2 million by 2030.
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Glycerol Derivatives Market Scope
Glycerol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific glycerol derivatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to glycerol derivatives market will help companies and investors design strategic landscapes.
Bio-based was the largest segment with a revenue share of 56.73% in 2022. Horizon Databook has segmented the Asia Pacific glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is one of the largest markets for glycerol derivatives such as polyglycerols, as these products are extensively used in the pharmaceutical industry as a drug carriers and in the biomedical segment for regenerative medicine.
The pharmaceutical & personal care sector witnessed a high demand for the formulation of hand sanitizers as covid-19 has had a severe impact on key Asian countries.
As a result of the increasing prevalence of medicinal disorders and the development of the healthcare sector, the flourishing pharmaceutical industry is anticipated to provide growth opportunities for the glycerol derivatives market.
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Target buyers of Asia Pacific glycerol derivatives market databook
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Our clientele includes a mix of glycerol derivatives market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific glycerol derivatives market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific glycerol derivatives market size, by country, 2018-2030 (US$M)
Asia Pacific Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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