South Africa Glycerol Derivatives Market Size & Outlook
South Africa glycerol derivatives market, 2018-2030 (US$M)
Related Markets
South Africa glycerol derivatives market highlights
- The South Africa glycerol derivatives market generated a revenue of USD 450.1 million in 2022 and is expected to reach USD 660.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.9% 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 450.1 million |
| Market revenue in 2030 | USD 660.9 million |
| Growth rate | 4.9% (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, South Africa accounted for 2.8% 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 Middle East & Africa, Saudi Arabia glycerol derivatives market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 660.9 million by 2030.
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Glycerol Derivatives Market Scope
Glycerol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 55.57% in 2022. Horizon Databook has segmented the South Africa glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
In South Africa, the demand for food additives such as flavor enhancers, colorants, emulsifiers, fat replacers, and enzymes is anticipated to increase in the coming years as a result of strong regulatory support targeted at enhancing the output of the food & beverages industry in the country.
The surging usage of glycerol derivatives in detergents and cleansers for household cleaning applications is also expected to lead to the growth of the market in Saudi Arabia in the coming years. PG-10 product has witnessed a risen demand in the country owing to their surging usage in the cosmetics and food industries.
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Target buyers of South Africa 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa glycerol derivatives market , including forecasts for subscribers. This country databook contains high-level insights into South Africa glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa glycerol derivatives market size, by grade, 2018-2030 (US$M)
South Africa Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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