Glycerol Market Expected to Witness High Growth Owing to Wide Applications across Industries
Glycerol Market Glycerol, also known as glycerin, is a simple polyol compound. It is colorless, odorless, and viscous liquid which is derived from vegetables and animal fats as a by-product of soap manufacture and biodiesel production. Glycerol has wide applications across various end-use industries such as food & beverage, pharmaceutical, personal care, and others. It acts as a humectant in toothpaste, mouthwashes, lozenges, and cough drops. Further, glycerol enhances food texture and acts as a vehicle for flavors and active ingredients in confectionery products. These versatile properties stimulate the demand for glycerol globally. The Global Glycerol Market Share is estimated to be valued at US$ 3.63 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Glycerol Market are QIAGEN, Dicerna Pharmaceuticals Inc., Phio Pharmaceuticals Corp., Arcturus Therapeutics, Ionis Pharmaceuticals Inc...