| Product Code: ETC5015711 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada glycerol market, the import trend experienced a decline in growth rate from 2023 to 2024, with a decrease of -24.48%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a positive 6.29%. This shift in import momentum could be attributed to factors such as changes in demand dynamics or alterations in trade policies during the period.
Similar to glycerin, glycerol finds applications across several sectors including pharmaceuticals, food and beverage, and cosmetics. The Canadian glycerol market is characterized by its use as a humectant, solvent, and sweetener. The demand for glycerol is supported by the rise in health and wellness trends, with consumers seeking products with natural and less synthetic ingredients. Additionally, glycerol`s role in industrial applications and chemical synthesis contributes to market growth.
The glycerol market in Canada benefits from its versatility in various sectors. Its application in pharmaceuticals, cosmetics, and food products drives demand. The increasing use of glycerol as a base in personal care products and its role in industrial applications such as explosives and biofuels contribute to market growth. Furthermore, the rising trend towards natural and organic products boosts the demand for glycerol, as it is often used in formulations that emphasize sustainability and safety.
In the Canadian glycerol market, challenges include volatile raw material costs and the need for adherence to stringent regulatory standards. The market also faces competition from synthetic glycerol alternatives and fluctuating demand from key industries such as pharmaceuticals and cosmetics. Environmental concerns regarding production processes further impact market dynamics.
The glycerol market in Canada is regulated by policies concerning chemical safety and environmental impact. Health Canada sets standards for the use of glycerol in various applications, including pharmaceuticals and cosmetics. Environmental regulations under CEPA mandate the management of glycerol production waste and emissions. Additionally, trade policies affect the import and export of glycerol, influencing market conditions.
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 Canada Glycerol Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Glycerol Market - Industry Life Cycle |
3.4 Canada Glycerol Market - Porter's Five Forces |
3.5 Canada Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Canada Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Canada Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Canada Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for bio-based products in various industries |
4.2.2 Increasing use of glycerol in the pharmaceutical and personal care sectors |
4.2.3 Favorable government regulations promoting the use of sustainable and eco-friendly products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting glycerol production costs |
4.3.2 Competition from alternative products in the market |
4.3.3 Regulatory challenges related to glycerol production and distribution |
5 Canada Glycerol Market Trends |
6 Canada Glycerol Market Segmentations |
6.1 Canada Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Canada Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.3 Canada Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.4 Canada Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.5 Canada Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Canada Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Canada Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Canada Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Canada Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Canada Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Canada Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Canada Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Canada Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Canada Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Canada Glycerol Market Import-Export Trade Statistics |
7.1 Canada Glycerol Market Export to Major Countries |
7.2 Canada Glycerol Market Imports from Major Countries |
8 Canada Glycerol Market Key Performance Indicators |
8.1 Percentage of glycerol derived from sustainable and renewable sources |
8.2 Number of new product launches containing glycerol in the Canadian market |
8.3 Adoption rate of glycerol-based products in key industries such as cosmetics and pharmaceuticals |
9 Canada Glycerol Market - Opportunity Assessment |
9.1 Canada Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Canada Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Canada Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Canada Glycerol Market - Competitive Landscape |
10.1 Canada Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Canada Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |