Glycerol Prices, Trend & Forecasts | Provided by Procurement Resource

Request for Real Time Glycerol Prices: https://www.procurementresource.com/resource-center/glycerol-price-trends/pricerequest

Glycerol is a basic triple chemical which is a non-toxic, sweet tasting, colourless, and odourless, viscous liquid. Glycerides, a class of lipids, contain the glycerol backbone. It is commonly utilised in FDA-approved wound and burn therapies due to its antibacterial and antiviral characteristics. On the other hand, it can also serve as a medium for bacterial culture and can be used as a reliable indicator of liver illness.

Additionally, glycerol is frequently employed as a humectant in medicinal formulations and as a sweetener in the food industry. Glycerol is a hygroscopic substance that is miscible with water due to its three hydroxyl groups.

The leading exporting countries in the market of glycerol are Germany, the Netherlands, Argentina, and Indonesia.

Key Details About the Glycerol 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 Glycerol 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 Glycerol price chart, 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 Glycerol Price Trend:

The industrial applications that are affecting the Glycerol price trend are as a solvent in food colours and flavors, sweeteners, humectants, and as a filler in low-fat food products. Glycerol also finds its application in pharmaceutical, cosmetics, and personal care products.

Key Players:

•  Nitta Gelatin (Japan)
• Darling Ingredients (US)
• Gelita (Germany)
• Weishardt (France)
• Tessenderlo Group (Belgium)
• Trobas Gelatine (Netherlands)
• India Gelatine & Chemicals (India)

News and Events:

• October 11, 2022: With a capital investment of MYR 220 million, IOI Corporation Berhad announced the development of a new 110,000 metric tonne (MT) per year oleochemical facility in Prai, Penang. The new facility primarily caters to glycerine and fatty acids based on palm and palm kernels, which are the primary raw materials for personal care and cosmetic products. By the second quarter of 2022, the plant's construction is anticipated to be finished.

Related Reports:

• Glycerin Price Trend - https://www.procurementresource.com/resource-center/glycerin-price-trends
• Glycine Price Trend - https://www.procurementresource.com/resource-center/glycine-price-trends
• Glucose Syrup Price Trend - https://www.procurementresource.com/resource-center/glucose-syrup-price-trends

About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: [email protected]
Toll Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA