Global Glycerol Market – Industry Trends and Forecast to 2029

Hemantb12 Apr, 2023News

A significant increase in the consumption of low-fat food products represents one of the major factors positively influencing the growth of the glycerol market. Glycerol is formed by biodiesel and is consider as clean-burning fuel across extensive range of end user industries. Also, glycerol is a major component in manufacturing gums and resins, which are further used to produce paints and coatings. Along with, the increase in the use of personal and cosmetic products by consumers with increasing per capita income and lifestyle changes are expected to drive the market's growth rate during the forecast period.