The Global Market for Refined Glycerin is Forecast to Reach 8.1 Billion Pounds by 2022
Competitiveness of Glycerin as a Feedstock in Numerous and Diverse Applications to Sustain Growth in the Global Glycerin Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Glycerin market. The global market for Refined Glycerin is forecast to reach 8.1 billion pounds by 2022 , driven by falling prices of crude and refined glycerin; growing preference for renewable feedstocks as against petroleum derived feedstocks and fairly encouraging business climate in all major end-use application sectors. Since its discovery in the 1780s, glycerin has become an indispensable chemical substance available in various grades for commercial uses in the manufacture of a broad range of domestic, industrial and pharmaceutical products. Defined as a sweet-tasting, clear, colorless, odorless, hygroscopic trihydric alcohol, glycerin r...