Latin America Glycerol Derivatives Market Size & Outlook
Latin America glycerol derivatives market, 2018-2030 (US$M)
Related Markets
Latin America glycerol derivatives market highlights
- The Latin America glycerol derivatives market generated a revenue of USD 1,493.2 million in 2022.
- The market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, petroleum-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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,493.2 million |
| Market revenue in 2030 | USD 2,460.5 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Petroleum-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, Latin America region accounted for 9.4% 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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Latin America 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.
Petroleum-based was the largest segment with a revenue share of 51.41% in 2022. Horizon Databook has segmented the Latin America glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina and Brazil are key producers of glycerol derivatives in Central & South America. According to World Trade in August 2022, external shipments of crude glycerol increased by approximately 17% to reach 34,000 tons.
Argentina is one of the largest biodiesel producers in the world with an installed capacity of 43.08 thousand barrels/day. The rise in demand for glycerol has a positive impact on the growth of the biodiesel-sourced glycerol derivatives market in Central &South America.
Brazil is one of the largest markets for beauty & personal care products in the region owing to its improved distribution network, along with the rising number of Internet users and increasing expenditure by key players on advertisements in the country. This is anticipated to fuel the demand for glycerol in the personal care & cosmetics segment.
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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 Latin America glycerol derivatives market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America glycerol derivatives market size, by country, 2018-2030 (US$M)
Latin America Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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