Europe Glycerol Derivatives Market Size & Outlook
Europe glycerol derivatives market, 2018-2030 (US$M)
Related Markets
Europe glycerol derivatives market highlights
- The Europe glycerol derivatives market generated a revenue of USD 3,901.9 million in 2022.
- The market is expected to grow at a CAGR of 6% 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, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 3,901.9 million |
| Market revenue in 2030 | USD 6,233.3 million |
| Growth rate | 6% (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, Europe region accounted for 24.5% 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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Europe 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 57.61% in 2022. Horizon Databook has segmented the Europe glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is a key producer of glycerol and biodiesel in the world and accounts for the second-largest share of the global glycerol derivatives market. Germany, Italy, France, and the Netherlands are the major producers of glycerol derivatives in Europe.
Countries in Europe have a significant need for biofuels. Thus, biodiesel production is expected to rise over the forecast period which, in turn, will have a positive impact on the glycerol derivatives market. The supply of glycerol derivatives improved in the first quarter of 2022 owing to the availability of feedstock and large-scale biodiesel production.
Factors such as large investments by major players in the cosmetics industry, growing consumer expenditure, and the launch of new & innovative products in the personal care segment are likely to fuel the personal care & cosmetics market, which will drive the demand for glycerol in the coming years.
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Our clientele includes a mix of glycerol derivatives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe glycerol derivatives market , including forecasts for subscribers. This continent databook contains high-level insights into Europe glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe glycerol derivatives market size, by country, 2018-2030 (US$M)
Europe Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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