PUBLISHER: QYResearch | PRODUCT CODE: 1875814
PUBLISHER: QYResearch | PRODUCT CODE: 1875814
The global market for Glycerol Carbonate was estimated to be worth US$ 227 million in 2024 and is forecast to a readjusted size of US$ 323 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Glycerol Carbonate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Glycerine Carbonate (CAS No. 931-40-8), with the chemical formula C4H6O4, is a bio-based specialty chemical. Glycerine Carbonate is widely used in food, medicine, cosmetics, textiles, coatings, plastics, machinery, military, aviation, aerospace, integrated circuits, new materials, and new energy fields.
Global key players of Glycerol Carbonate include Huntsman, UBE, ANHUI MEISENBAO TECHNOLOGY CO., LTD, etc. The top three players hold a share about 94%. North America is the largest market, and has a share about 49%, followed by Japan and Europe with share 36% and 9%, separately. In terms of product type, ≥90% is the largest segment, occupied for a share of 12%. In terms of application, Coating has a share about 61 percent.
Market drivers of glycerol carbonate
1. Policy support and environmental trends
Global policy promotion: Countries have increased their support for bio-based chemicals. For example, China has listed bio-based materials as a strategic emerging industry, promoting innovation in downstream applications and business models.
Environmental protection needs: The biodegradability and low toxicity of glycerol carbonate are in line with the global sustainable development trend. It can replace traditional petrochemical products and reduce environmental pollution.
2. Technological progress and cost optimization
Breakthrough in catalyst technology: Research and development of highly active and highly selective catalysts (such as 2-tert-butyl-1,1,3,3-tetramethylguanidine) can significantly improve reaction efficiency and reduce production costs.
Green synthesis process: Continuous flow reactor technology (such as Corning G1 reactor) achieves solvent-free and efficient production, with a production capacity of 8 kg/d, promoting the industrialization process.
Integration of the industrial chain: Optimize raw material transportation, reaction condition control and waste discharge to further reduce costs and enhance market competitiveness.
3. Downstream demand growth
Emerging application areas:
Medicine: As a drug carrier and moisturizer, demand grows with the development of biomedicine.
New energy: Used in secondary battery electrolytes to improve battery performance and safety.
Cosmetics: As additives and moisturizers, they are in line with the trend of natural and safe consumption.
4. Market competition and strategic layout
Differentiated competition: Companies seize market gaps through technical barriers (such as catalyst patents) and regional layout (such as the utilization of glycerol, a byproduct of biodiesel in China).
5. Cost-effectiveness and large-scale production
Source of raw materials: The high value-added utilization of glycerol, a byproduct of biodiesel, alleviates the problem of glycerol surplus and reduces raw material costs.
Scale effect: As technology matures, production costs are expected to fall further, promoting glycerol carbonate to replace traditional chemicals in more fields.
Glycerol carbonate has broad market prospects due to its environmental protection, high efficiency and multifunctional characteristics, driven by policy support, technological progress and downstream demand growth. In the future, with the deepening of the green chemistry trend and the improvement of the industrial chain, its application areas will continue to expand and become an important growth point in the field of bio-based chemicals.
This report aims to provide a comprehensive presentation of the global market for Glycerol Carbonate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Glycerol Carbonate by region & country, by Type, and by Application.
The Glycerol Carbonate market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glycerol Carbonate.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Glycerol Carbonate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Glycerol Carbonate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Glycerol Carbonate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.