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Global Glycidol Market to Grow at a CAGR of 5.5% During 2022-2027, Aided by the Increasing Application in Pharmaceutical and Construction Sectors

Glycidol Market

Global Glycidol Market: By Type; By Application; Production of Surface-Active Compounds, Additives in Plastics, Paints, Photographic Chemicals, Pharmaceuticals, Biocides; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Glycidol Market Outlook

The global glycidol market is expected to grow at a CAGR of 5.5% in the forecast period of 2023-2028.

 

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.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
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
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Glycidol Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Glycidol Historical Market (2018-2022) 
    8.3    Global Glycidol Market Forecast (2023-2028)
    8.4    Global Glycidol Market by Type
        8.4.1    Glycidol below 95%
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Glycidol 96%
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Glycidol 97%
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Glycidol more than 97%
            8.4.4.1    Historical Trend (2018-2022)
            8.4.4.2    Forecast Trend (2023-2028)
    8.5    Global Glycidol Market by Application
        8.5.1    Production of Surface-Active Compounds
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Additives in Plastics
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Paints
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Photographic Chemicals
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Pharmaceuticals
            8.5.5.1    Historical Trend (2018-2022)
            8.5.5.2    Forecast Trend (2023-2028)
        8.5.6    Biocides
            8.5.6.1    Historical Trend (2018-2022)
            8.5.6.2    Forecast Trend (2023-2028)
        8.5.7    Others
    8.6    Global Glycidol Market by Distribution Channel
        8.6.1    Online
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Offline
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
    8.7    Global Glycidol Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022) 
            8.7.5.2    Forecast Trend (2023-2028) 
9    North America Glycidol Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Glycidol Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Glycidol Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Glycidol Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Glycidol Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.3.1    LGC Group
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Certifications
        16.3.2    HBCChem, Inc.
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Certifications
        16.3.3    Acros Organics
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Certifications
        16.3.4    Fujifilm Wako Pure Chemical Corporation
            16.3.4.1    Company Overview
            16.3.4.2    Product Portfolio
            16.3.4.3    Demographic Reach and Achievements
            16.3.4.4    Certifications
        16.3.5    Nacalai Tesque Inc.
            16.3.5.1    Company Overview
            16.3.5.2    Product Portfolio
            16.3.5.3    Demographic Reach and Achievements
            16.3.5.4    Certifications
        16.3.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Glycidol Market: Key Industry Highlights, 2018 and 2028
2.    Global Glycidol Historical Market: Breakup by Type (USD Billion), 2018-2022
3.    Global Glycidol Market Forecast: Breakup by Type (USD Billion), 2023-2028
4.    Global Glycidol Historical Market: Breakup by Application Type (USD Billion), 2018-2022
5.    Global Glycidol Market Forecast: Breakup by Application Type (USD Billion), 2023-2028
6.    Global Glycidol Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7.    Global Glycidol Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8.    North America Glycidol Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    North America Glycidol Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Glycidol Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Glycidol Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Glycidol Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Glycidol Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Glycidol Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Glycidol Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Glycidol Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Glycidol Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Glycidol Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Glycidol Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Global Glycidol Market Structure

Key Questions Answered in the Report

What is the growth rate of the glycidol market?

The glycidol market is projected to grow at a CAGR of 5.5% between 2023 and 2028.

What are the major industry drivers?

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.

What are the key industry trends of the global glycidol market?

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.

What are the major regional markets of glycidol, according to the EMR report?

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.

What are the different types of glycidol in the market?

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

What are the major applications in the market?

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

What are the distribution channels of the market?

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

Who are the key industry players, according to the report?

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

Analyst Review

The global glycidol market has been driven by the rising demand for surface-active compounds in the historical period. Aided by increasing awareness about hygiene and sanitation and increasing demand for household cleaners, especially after the outbreak of the COVID-19 pandemic, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 5.5%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. 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 regional markets for glycidol market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa with Asia Pacific accounting for the largest share in the market. The major players in the industry are LGC Group, HBCChem, Inc., Acros Organics, Fujifilm Wako Pure Chemical Corporation, and Nacalai Tesque Inc., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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