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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Glycidol Market Outlook

The global glycidol market is expected to grow at a CAGR of 5.5% in the forecast period of 2024-2032.

Increasing Demand in Pharmaceuticals and Paint Applications to Bolster the Growth of the Glycidol Industry

Based on application, the pharmaceutical sector accounts for a significant share in the industry owing to the increasing utilisation of glycidol in the production of antibiotics, biochemical probes, and cardiac agents, among others. Moreover, its utilisation as a sterilant in the pharmaceutical industry and the convergence of technologies and health, with the adoption of new models to treat various diseases using advanced therapies, are significantly contributing to the industry growth. The growing research activities to rapidly develop a vaccine against COVID-19 is likely to aid the market growth in the forecast period. The increasing drug development and manufacturing capabilities in the pharma sector are likely to bolster the demand for glycidol. Meanwhile, the increasing application of the product in paints will further aid the market growth.

Glycidol Market

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Increasing Demand for Online Services to Aid the Glycidol Industry

On the basis of distribution channel, the online mode is likely to account for a significant share owing to the rising preference for online services among consumers. Furthermore, the distributors have also started their own online portal for customers’ ease of purchase, which is likely to aid the market in the forecast period.

The Asia Pacific to Provide Enhanced Growth Opportunities to the Industry

The Asia Pacific accounts for a significant share in the market due to the thriving pharmaceutical industry and rapid urbanisation in the region.  Further, regions like the European Union are likely to witness a resurgence of building and construction activities, which is expected to propel the demand for paints, thus aiding the glycidol industry in the forecast period.

Glycidol: Market Segmentation

Glycidol is an organic compound that has a variety of industrial uses. The compound is slightly unstable and viscous and is usually obtained in pure form. It can be used as a chemical intermediate in the synthesis of glycerol glycidyl esters and amines.

Glycidol Market By Segments

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By type, the market is divided into:

  • Glycidol Below 95%
  • Glycidol 96%
  • Glycidol 97%
  • Glycidol more than 97%

Based on application, the market can be segmented into:

  • Production of Surface-Active Compounds
  • Additives in Plastics
  • Paints
  • Photographic Chemicals
  • Pharmaceuticals
  • Biocides
  • Others

Based on distribution channel, the market can be segmented into:

  • Online
  • Offline

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Increasing Production of Surface-Active Compounds to Boost the Growth of the Glycidol Industry

The global glycidol industry is being driven by the rising demand for surface-active compounds owing to the increasing awareness about hygiene and sanitation. Surface-active compounds are known to be excellent cleaning agents. Moreover, the increasing demand for household cleaners, especially after the outbreak of the COVID-19 pandemic, is likely to propel the demand for glycidol. Furthermore, the rising demand for paints, owing to the increasing construction activities, rising standards of living, and increasing disposable incomes, is expected to further enhance the market growth as glycidol is a substantial component for the manufacturing of paints.

Glycidol Market By Region

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Key Industry Players in the Global Glycidol Market

The report gives a detailed analysis of the following key players in the global glycidol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • LGC Group
  • HBCChem, Inc.
  • Acros Organics
  • Fujifilm Wako Pure Chemical Corporation
  • Nacalai Tesque Inc. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Distribution Channel
  • Region
Breakup by Type
  • Glycidol below 95%
  • Glycidol 96%
  • Glycidol 97%
  • Glycidol more than 97%
Breakup by Application
  • Production of Surface-Active Compounds
  • Additives in Plastics
  • Paints
  • Photographic Chemicals
  • Pharmaceuticals
  • Biocides
  • Others
Breakup by Distribution Channel
  • Online
  • Offline
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • LGC Group
  • HBCChem, Inc.
  • Acros Organics
  • Fujifilm Wako Pure Chemical Corporation
  • Nacalai Tesque Inc.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The glycidol market is projected to grow at a CAGR of 5.5% between 2024 and 2032.

The major drivers of the market include the increasing awareness about hygiene and sanitation, rising demand for paints, increasing construction activities, rising standards of living, increasing disposable incomes, thriving pharmaceutical industry, and rapid urbanisation.

The rising demand for surface-active compounds and the increasing demand for household cleaners, especially after the outbreak of the COVID-19 pandemic are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific with Asia Pacific accounting for the largest share in the market.

The different types of glycidol in the market are glycidol below 95%, glycidol 96%, glycidol 97%, and glycidol more than 97%.

Glycidol finds their major application in production of surface-active compounds, additives in plastics, paints, photographic chemicals, pharmaceuticals, and biocides, among others.

Based on distribution channel, the market can be segmented into online and offline.

The major players in the industry are LGC Group, HBCChem, Inc., Acros Organics, Fujifilm Wako Pure Chemical Corporation, and Nacalai Tesque Inc., among others.

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+44-753-713-2163

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