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The global glycidol market is expected to grow at a CAGR of 5.5% in the forecast period of 2024-2032.
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.
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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 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 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.
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By type, the market is divided into:
Based on application, the market can be segmented into:
Based on distribution channel, the market can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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.
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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:
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.
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:
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Breakup by Type |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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