Sale

Triacetin Market

Global Triacetin Market Size, Share, Trends, Forecast: By Grade: Tobacco Grade, Food Grade, Industrial Grade; By Application: Plasticiser, Solvent, Humectant, Others; By End Use: Tobacco, Food and Beverages, Pharmaceuticals, Cosmetics, Textiles, Metal and Mining; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Triacetin Market Outlook

The global triacetin market reached a value of USD 296.96 million in 2023. The market is further expected to grow at a CAGR of 4% in the forecast period of 2024-2032 to reach an estimated value of USD 422.61 million by 2032.

 

Triacetin Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Use of the Product in Tobacco is Aiding the Growth of the Global Market for Triacetin

Region-wise, the Asia Pacific region is a major market for triacetin industry across the globe. This is attributed to the inflating disposable incomes, changing lifestyles, and rapid urbanisation within the region. Further, the rising use of the product in food and beverages, cosmetics, tobacco, pharmaceuticals, and other industries is aiding the market growth of triacetin. The Asia Pacific region is witnessing a rising demand from the pharmaceutical and food industry in China and India.

The market is furthered by the rising population within the developing economies, like China, India, and Brazil. Due to high growth opportunities, the manufacturers are targeting developing economies. Recently, the demand for triacetin is increasing due to the rising demand for cigarettes in the emerging economies. Latin America and the Middle East are also witnessing favourable market growth for triacetin.

 

Triacetin Market by Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Triacetin: Market Segmentation

Triacetin, variously known as triglyceride 1,2,3-triacetoxypropane and glyceryl triacetate, is used in the pharmaceutical industry for making tablets and capsules. The product has received approval from the Food and Drug Administration (FDA) to be used as a food additive in the food industry. Further, it is also used as a solvent for flavouring various food products.

On the basis of grade, the market is divided into:

  • Tobacco Grade
  • Food Grade
  • Industrial Grade

Based on application, the industry can be segmented into:

  • Plasticiser
  • Solvent
  • Humectant
  • Others

By end-use, the industry is categorised into:

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

 

Triacetin Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Chemical Industry to Aid the Global Market Growth for Triacetin

The market for triacetin is being driven by the growth of the tobacco sector, which is estimated to be the largest end-use sector. The product is used as a plasticiser in cigarette filter rods in the tobacco industry. The rising demand for cigarettes has facilitated the growth of the tobacco industry, which has resulted in enhanced demand for triacetin from this end-use segment. In addition, the excellent properties of triacetin, like resistance to light and compatibility with synthetic and natural rubber, has invigorated its demand from the chemical industry. All these factors are expected to aid the market growth of the product in the forecast period.

 

Key Industry Players in the Global Triacetin Market

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

  • Eastman Chemical Company
  • Lanxess AG
  • Daicel Corporation
  • Jiangsu Ruijia Chemistry Co., Ltd.
  • Mosselman S.A.
  • KLK OLEO
  • 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:

  • Grade
  • Application
  • End Use
  • Region
Breakup by Grade
  • Tobacco Grade
  • Food Grade
  • Industrial Grade
Breakup by Application
  • Plasticiser
  • Solvent
  • Humectant
  • Others
Breakup by End Use
  • Tobacco
  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Textiles
  • Metal and Mining
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
  • Eastman Chemical Company
  • Lanxess AG
  • Daicel Corporation
  • Jiangsu Ruijia Chemistry Co., Ltd.
  • Mosselman S.A.
  • KLK OLEO
  • 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 Triacetin Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Triacetin Historical Market (2018-2023) 
    8.3    Global Triacetin Market Forecast (2024-2032)
    8.4    Global Triacetin Market by Grade
        8.4.1    Tobacco Grade
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Food Grade
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Industrial Grade
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Triacetin Market by Application
        8.5.1    Plasticiser
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Solvent
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Humectant
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Triacetin Market by End Use
        8.6.1    Tobacco
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Food and Beverages
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Pharmaceuticals
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Cosmetics
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Textiles
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Metal and Mining
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
    8.7    Global Triacetin Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Triacetin Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Triacetin Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Triacetin Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Triacetin  Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Triacetin Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Eastman Chemical Company
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Lanxess AG
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Daicel Corporation
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Jiangsu Ruijia Chemistry Co., Ltd.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Mosselman S.A.
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    KLK OLEO
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Triacetin Market: Key Industry Highlights, 2018 and 2032
2.    Global Triacetin Historical Market: Breakup by Grade (USD Million), 2018-2023
3.    Global Triacetin Market Forecast: Breakup by Grade (USD Million), 2024-2032
4.    Global Triacetin Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Triacetin Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Triacetin Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Triacetin Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Triacetin Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Triacetin Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Triacetin Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Triacetin Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Triacetin Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Triacetin Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Triacetin Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Triacetin Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Triacetin Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Triacetin Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Triacetin Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Triacetin Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Triacetin Market Structure

Key Questions Answered in the Report

In 2023, the global triacetin market attained a value of nearly USD 296.96 million.

The market is projected to grow at a CAGR of 4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 422.61 million by 2032.

The major market drivers include growing disposable incomes, the rising use of triacetin in major end-use sectors, and the growing demand for cigarettes in emerging economies.

The key trends guiding the market include the growing use of triacetin as plasticiser in cigarette filter rods and the rising demand for the product in the chemical sector owing to its favourable properties like compatibility with natural and synthetic rubber and resistance to light.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading grades of triacetin in the market are tobacco grade, food grade, and industrial grade.

The major applications of triacetin include plasticiser, solvent, and humectant, among others.

The significant end uses of triacetin are tobacco, food and beverage, pharmaceuticals, cosmetics, textiles, and metal and mining.

The major players in the market are Eastman Chemical Company, Lanxess AG, Daicel Corporation, Jiangsu Ruijia Chemistry Co., Ltd., Mosselman S.A., and KLK OLEO, among others.

Analyst Review

The global triacetin market attained a value of USD 296.96 million in 2023, driven by rising demand from the end-use sectors. Aided by the growing demand from the emerging economies, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4%. The market is projected to reach USD 422.61 million by 2032.
 
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on grade, the market is segmented into tobacco grade, food grade, and industrial grade. By application, the industry is divided into plasticiser, solvent, and humectant, among others. On the basis of end-use, the industry is segmented into tobacco, food and beverage, pharmaceuticals, cosmetics, textiles, and metal and mining. The major regional markets for triacetin are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Eastman Chemical Company, Lanxess AG, Daicel Corporation, Jiangsu Ruijia Chemistry Co., Ltd., Mosselman S.A., and KLK OLEO, 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.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER