Brazil Glycerol Derivatives Market Size & Outlook
Brazil glycerol derivatives market, 2018-2030 (US$M)
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Brazil glycerol derivatives market highlights
- The Brazil glycerol derivatives market generated a revenue of USD 428.0 million in 2022 and is expected to reach USD 738.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.1% 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.
Glycerol derivatives market data book summary
| Market revenue in 2022 | USD 428.0 million |
| Market revenue in 2030 | USD 738.5 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Bio-based |
| Fastest growing segment | Bio-based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 2.7% of the global glycerol derivatives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Argentina glycerol derivatives market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 738.5 million by 2030.
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Glycerol Derivatives Market Scope
Glycerol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 52.62% in 2022. Horizon Databook has segmented the Brazil glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
Although several chemicals possess hygroscopic properties, glycerol is widely used in agricultural applications for preserving plant materials in Brazil. It is also used for preserving and cultivating plant growth-promoting (PGP) microorganisms, as well as for their liquid formulation.
This is because these microorganisms increase the viability, productivity, quality, and abiotic stress tolerance of crops. They are also used in soil-plant systems in the country and are regarded as important agricultural bio stimulants.
As per ifad.org, the agriculture sector has contributed a share of approximately 25% to the GDP of Brazil over the past two decades. The rise in agricultural activities in Brazil has triggered the usage of glycerol derivatives in the country, thereby leading to the growth of the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil glycerol derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Brazil glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil glycerol derivatives market size, by grade, 2018-2030 (US$M)
Brazil Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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