Glycerin Prices Trends & Forecasts | Provided by Procurement Resource
Glycerin, also called glycerol, is a syrupy, flavorless liquid that is a member of the alcohol family. It is often produced by a process known as hydrolysis from plant or animal fats. It possesses a number of significant qualities, including high water solubility, non-toxicity, and hygroscopicity (the capacity to draw and hold water molecules). It has a pleasant flavor and is an ingredient in many pharmaceutical and food products.
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In personal care products, glycerin also has humectant properties that help hydrate and moisturize the skin. It is used in antifreeze formulations because of its low freezing point. Glycerin has a wide range of applications and is frequently utilized in sectors like chemical production, food processing, pharmaceuticals, and cosmetics.
Key Details About the Glycerin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Glycerin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Glycerin Price chart, including India Iron price, USA Iron price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Glycerin Price Trend:
Various medicines, syrups, and cough syrups use glycerin as a solvent, sweetener, and preservative.
Due to its moisturizing and emollient qualities, glycerin is a crucial component of skincare products, moisturizers, soaps, shampoos, and toothpaste. Confectionery, baked foods, dairy products, and beverages all employ glycerin as a sweetener, thickener, and humectant. Tobacco products often contain glycerin to improve flavor, moisture retention, and smoke generation. Propylene glycol, epichlorohydrin, and nitroglycerin are just a few of the compounds that may be made from glycerin and are utilized in the creation of explosives, resins, textiles, and plastics. Propylene glycol, epichlorohydrin, and nitroglycerin are just a few of the compounds that may be made from glycerin and are utilised in the creation of explosives, resins, textiles, and plastics. Due to its low freezing point and capacity to reduce the freezing point of water, glycerin is used in antifreeze formulations. In order to maintain ink flow and prevent drying, glycerin is employed as a humectant in printing inks.
Glycerin is used in the manufacture of paper as a softening agent and as a wetting agent in textile dyeing and printing.
Key Players:
- Wilmar International
- Emery Oleochemicals
- IOI Group
- KLK Oleo
- Croda International
- Kao Corporation
- Cargill Inc
- Godrej Industries
News & Recent Development
- 22 May 2023: Pharmaceutical Glycerine Market will expand due to the numerous Applications of Medical Glycerine in the Pharmaceutical Industry and its Low Cost- Global Insight Services’ study on the global pharmaceutical glycerine market is the only reliable source of information on this market. The paper will analyse how recent market disruptions like the Russia-Ukraine war and Covid-19 have affected the market.
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