U.S. Glycerol Derivatives Market Size & Outlook, 2022-2030
U.S. glycerol derivatives market, 2018-2030 (US$M)
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U.S. glycerol derivatives market highlights
- The U.S. glycerol derivatives market generated a revenue of USD 1,832.4 million in 2022 and is expected to reach USD 3,068.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.7% 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 1,832.4 million |
| Market revenue in 2030 | USD 3,068.8 million |
| Growth rate | 6.7% (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, U.S. accounted for 11.5% 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 North America, U.S. glycerol derivatives market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,068.8 million by 2030.
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Glycerol Derivatives Market Scope
Glycerol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 55.1% in 2022. Horizon Databook has segmented the U.S. glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is a prominent consumer in North America on account of the presence of various end users in the country. Thus, the increased usage of glycerol derivatives in the personal care industry is growing steadily in the coming years.
The U.S. is witnessing a demand surplus in the personal care & cosmetics market on account of rising disposable income. Additionally, the major factors driving the personal care and cosmetics market are increasing emphasis on personal grooming and appearance and advances in technology and research leading to the development of new and innovative products.
Moreover, the pharmaceutical application is likely to witness substantial growth in the U.S. In addition, the recovery of the pharmaceutical industry is expected to drive market growth over the forecast period. The prevalence of big market participants including Johnson & Johnson, Pfizer, and Merck &Co. along with high R&D expenditure in the U.S. will propel market growth.
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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 U.S. glycerol derivatives market , including forecasts for subscribers. This country databook contains high-level insights into U.S. glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. glycerol derivatives market size, by grade, 2018-2030 (US$M)
U.S. Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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