| Product Code: ETC5015699 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s glycerol import market in 2024 continued to be dominated by key suppliers such as Germany, Netherlands, Spain, Metropolitan France, and Czechia. Despite the high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a negative compound annual growth rate of -1.77% from 2020 to 2024. The growth rate plummeted even further in 2024 with a decrease of -36.14% compared to the previous year, signaling potential challenges and shifts in the glycerol import landscape for Belgium.

In the Europe region, the Glycerol market in Belgium is projected to expand at a stable growth rate of 4.07% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Similar to glycerin, the glycerol market in Belgium benefits from the compound`s wide range of applications. Glycerol is used in pharmaceuticals, food, and personal care products due to its hygroscopic and solubility properties. The market is driven by increasing consumer demand for high-quality and multifunctional products. However, challenges such as raw material price volatility and environmental concerns regarding glycerol production and disposal may influence market dynamics.
Similar to glycerin, the glycerol market in Belgium is supported by its diverse applications, particularly in the pharmaceutical, cosmetic, and food industries. The expanding personal care sector and increasing awareness about natural and organic products drive the demand for glycerol. Additionally, its use in industrial applications and as a solvent in various chemical processes also contributes to market growth.
The glycerol market in Belgium encounters challenges such as fluctuating raw material costs and competition from alternative products. Glycerol is a by-product of various industrial processes, and its supply can be inconsistent depending on the demand for these primary products. The market is also affected by the regulatory landscape, which mandates strict quality and environmental standards. Moreover, there is increasing competition from synthetic and bio-based alternatives that can impact market share.
The glycerol market in Belgium is influenced by regulations related to chemical safety and environmental protection. As with glycerin, glycerol is subject to the REACH regulation, which ensures that its use does not pose risks to human health or the environment. Belgium`s focus on green chemistry and sustainable practices also impacts the glycerol market, promoting the use of glycerol derived from renewable resources and encouraging environmentally friendly production methods.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Glycerol Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Glycerol Market - Industry Life Cycle |
3.4 Belgium Glycerol Market - Porter's Five Forces |
3.5 Belgium Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Belgium Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Belgium Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Belgium Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bio-based products |
4.2.2 Growing awareness about sustainable practices |
4.2.3 Favorable government regulations promoting the use of glycerol in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Intense competition from alternative products |
4.3.3 Environmental concerns related to glycerol production processes |
5 Belgium Glycerol Market Trends |
6 Belgium Glycerol Market Segmentations |
6.1 Belgium Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Belgium Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.3 Belgium Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.4 Belgium Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.5 Belgium Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Belgium Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Belgium Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Belgium Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Belgium Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Belgium Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Belgium Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Belgium Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Belgium Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Belgium Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Glycerol Market Import-Export Trade Statistics |
7.1 Belgium Glycerol Market Export to Major Countries |
7.2 Belgium Glycerol Market Imports from Major Countries |
8 Belgium Glycerol Market Key Performance Indicators |
8.1 Percentage of bio-based products in the market |
8.2 Number of sustainable certifications obtained by glycerol producers |
8.3 Research and development investment in glycerol technology |
8.4 Carbon footprint reduction achieved by using glycerol in industries |
8.5 Number of partnerships with government agencies for promoting glycerol applications |
9 Belgium Glycerol Market - Opportunity Assessment |
9.1 Belgium Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Belgium Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Belgium Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Belgium Glycerol Market - Competitive Landscape |
10.1 Belgium Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Belgium Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |