US Glycerin Market
ID: MRFR/CnM/12585-HCR | 100 Pages | Author: MRFR Research Team| December 2023
It's interesting that the beauty and personal care businesses are using glycerin more and more. More people want to take care of their skin with natural, healing products. This has made glycerin more important in creams, lotions, and other beauty products.
People in different fields use it in different ways, like to make plastics and polyols. More and more businesses in the US are using glycerin in their work, especially to make plastics and resins. This is making the market better.
More biofuels, especially biodiesel, means the glycerin business is growing faster. Biodiesel is what makes glycerin, and the amount of glycerin changes as the biofuel business grows. Energy rules and renewable energy sources change how much glycerin people in the U.S. want to buy.
Glycerin has a use in the animal feed business because it is a natural source of feed. More and more people in farming want green and eco-friendly goods, which is why there is more need for glycerin in animal feed. Animals like to eat it because it gives them energy.
Glycerin is in high demand in many places because it has so many uses in business. An important part of many industrial processes is the use of this chemical to make cleaners, solvents, and other chemicals. A lot of people want it because it's useful in many business situations.
The need for glycerin changes because of a big shift toward sources made from green and vegetable oils. People and companies are looking for glycerin that comes from plant-based materials instead of animal fats because they care more about the environment. There will be a new market because of this.
The ones that respond to what the market wants are always working on new goods. This means creating new glycerin goods, recipes, and ways to use them. Many businesses have to change to keep up with new technologies and changing customer tastes. This helps keep demand high.
Frequently Asked Questions (FAQ) :
The US Glycerin Market is expected to be valued at 384.38 million USD in 2024.
By 2035, the US Glycerin Market is anticipated to reach a value of 798.72 million USD.
The market is expected to experience a CAGR of 6.875 percent from 2025 to 2035.
The market size for glycerin in personal care products is projected to reach 350.0 million USD by 2035.
Major players include Dow Chemical, BASF, Procter and Gamble, and Unilever.
The food application sector is projected to be valued at 100.0 million USD in 2024.
The pharmaceutical application segment is expected to be valued at 168.72 million USD by 2035.
The market size for glycerin used in other applications is valued at 50.0 million USD in 2024.
Increasing demand in personal care and food applications is driving growth in the market.
In 2024, the pharmaceuticals segment of the market is valued at 84.38 million USD.
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