UK Glycerol Derivatives Market Size & Outlook, 2022-2030
UK glycerol derivatives market, 2018-2030 (US$M)
Related Markets
UK glycerol derivatives market highlights
- The UK glycerol derivatives market generated a revenue of USD 530.8 million in 2022 and is expected to reach USD 911.6 million by 2030.
- The UK market is expected to grow at a CAGR of 7% 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 530.8 million |
| Market revenue in 2030 | USD 911.6 million |
| Growth rate | 7% (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, UK accounted for 3.3% 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 Europe, France glycerol derivatives market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 911.6 million by 2030.
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Glycerol Derivatives Market Scope
Glycerol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 58.12% in 2022. Horizon Databook has segmented the UK glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
The high availability of biodiesel is expected to boost glycerol derivative production in the UK. This will have a positive impact on the overall glycerol derivatives market such as polyglycerol. Companies such as GlaxoSmithKline are investing heavily in the research and development of new drugs for the pharmaceutical industry and further propelling the market.
Other top companies including Associated British Foods, Irish Dairy Board, Tate, and Lyle are extensively using glycerol in the manufacturing of puff pastries, margarine, flavored beverages, cakes, and other confectionery products as a humectant, plasticizers, emollients, and sweeteners.
Polyglycerol has witnessed significant growth in the food processing sector over the last few years on account of growing consumer demand for naturally derived gels, emulsifiers, and thickeners. This is expected to change the market dynamics of the food processing industry.
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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 UK glycerol derivatives market , including forecasts for subscribers. This country databook contains high-level insights into UK glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK glycerol derivatives market size, by grade, 2018-2030 (US$M)
UK Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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