New York, USA, Sept. 14, 2022 (GLOBE NEWSWIRE) — Glycerin Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Glycerin Market Information by Type, Application, and Region – Forecast till 2030”, the market is estimated to grow at a 15% CAGR to reach USD 12 Billion by 2030.
Market Synopsis
Due to its combination of physical and chemical qualities, glycerin, also known as glycerol, is a technically adaptable chemical. A polyol chemical with a straightforward structure is glycerin. It is a sweet-tasting, colorless, odorless, viscous liquid that is non-toxic. Glycerides, which are lipids with a glycerol backbone, contain the glycerol backbone. Additionally, excellent chemical compatibility and ease of handling are crucial in many industrial applications. As a result, the need for refined glycerine is rising in various industries, including food production, chemical production, medicines, personal & home care, and other specialized uses with other oleochemicals such as fatty alcohols, fatty acids, and esters.
The human skin responds quite well to glycerin. It aids skin barrier repair, transepidermal water loss reduction, and lipid water barrier restoration. The most often used humectant in personal care products is glycerin. Pharmaceutical glycerin, also known as glycerol and glycerin, is an organic molecule primarily employed as an excipient in the pharmaceutical sector. Glycerin demonstrates several…