India Glycerin Market (2025-2031) Outlook | Analysis, Trends, Industry, Forecast, Revenue, Share, Companies, Growth, Size & Value
Market Forecast By Process (Transesterification, Saponification, Fat Splitting), By Source (Vegetable Oils, Biodiesel, Soaps, Synthetic), By Application (Industrial, Chemical intermediates), By Grade (Technical grade, Pharmaceutical grade) And Competitive Landscape
| Product Code: ETC4489645 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India Glycerin Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s glycerin import shipments in 2024 continued to see a high level of concentration, with top exporting countries including Indonesia, Malaysia, Germany, USA, and Thailand. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating significant market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 12.2%, showcasing a sustained upward trend. However, there was a slight downturn in growth rate from 2023 to 2024, with a decrease of -2.64%. Overall, the glycerin import market in India remains dynamic and competitive, driven by strong growth over the years.
India Glycerin Market Overview
Glycerin, a versatile chemical compound, finds applications in various sectors such as pharmaceuticals, food and beverages, and cosmetics. In India, the glycerin market has been expanding due to the increasing demand for glycerin as a sweetener, moisturizer, and in the production of various pharmaceutical formulations. With a growing focus on sustainable and bio-based products, glycerin derived from natural sources has gained popularity in the market.
Drivers of the Market
The India glycerin market is driven by its applications in various industries, including cosmetics, pharmaceuticals, and food. Glycerin is a versatile substance used as a moisturizing agent, sweetener, and thickener. As the India consumer base becomes more health-conscious and inclined towards natural and organic products, the demand for glycerin in cosmetics and food products grows. Additionally, its applications in pharmaceuticals, as an excipient and in the production of various drugs, further bolster the market.
Challenges of the Market
The India Glycerin market confronts challenges such as competition from alternative sources of glycerin and fluctuations in prices due to changing supply and demand dynamics. Adapting to these market conditions and finding innovative uses for glycerin are essential. Additionally, addressing environmental concerns related to glycerin production and waste disposal is crucial for the industry`s sustainability.
COVID-19 Impact on the Market
The India glycerin market experienced changes in demand patterns during the pandemic. Glycerin is used in various industries, including pharmaceuticals and personal care. The market was influenced by shifts in consumer behavior and industrial priorities.
Key Players in the Market
Reliance Industries, Godrej Industries, and KLK OLEO are notable contributors to India glycerin market. These companies are involved in the production and supply of glycerin used in various industries, including pharmaceuticals, cosmetics, and food.
Key Highlights of the Report:
- India Glycerin Market Outlook
- Market Size of India Glycerin Market, 2024
- Forecast of India Glycerin Market, 2031
- Historical Data and Forecast of India Glycerin Revenues & Volume for the Period 2021-2031
- India Glycerin Market Trend Evolution
- India Glycerin Market Drivers and Challenges
- India Glycerin Price Trends
- India Glycerin Porter's Five Forces
- India Glycerin Industry Life Cycle
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Process for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Transesterification for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Saponification for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Fat Splitting for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Source for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Vegetable Oils for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Biodiesel for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Soaps for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Synthetic for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Chemical intermediates for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Technical grade for the Period 2021-2031
- Historical Data and Forecast of India Glycerin Market Revenues & Volume By Pharmaceutical grade for the Period 2021-2031
- India Glycerin Import Export Trade Statistics
- Market Opportunity Assessment By Process
- Market Opportunity Assessment By Source
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Grade
- India Glycerin Top Companies Market Share
- India Glycerin Competitive Benchmarking By Technical and Operational Parameters
- India Glycerin Company Profiles
- India Glycerin Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Glycerin Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Glycerin Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 India Glycerin Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Glycerin Market Revenues & Volume, 2021 & 2031F |
3.3 India Glycerin Market - Industry Life Cycle |
3.4 India Glycerin Market - Porter's Five Forces |
3.5 India Glycerin Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 India Glycerin Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 India Glycerin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Glycerin Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 India Glycerin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for glycerin in the pharmaceutical and personal care industries due to its moisturizing properties and use in various products. |
4.2.2 Growing awareness about the benefits of glycerin in food and beverage applications, such as a sweetener and humectant. |
4.2.3 Rising usage of glycerin in the production of biofuels as a sustainable alternative to traditional fossil fuels. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials, such as vegetable oils, which can impact the overall production cost of glycerin. |
4.3.2 Stringent regulations and quality standards in the glycerin market, which may pose challenges for new entrants or smaller players. |
5 India Glycerin Market Trends |
6 India Glycerin Market, By Types |
6.1 India Glycerin Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 India Glycerin Market Revenues & Volume, By Process, 2021-2031F |
6.1.3 India Glycerin Market Revenues & Volume, By Transesterification, 2021-2031F |
6.1.4 India Glycerin Market Revenues & Volume, By Saponification, 2021-2031F |
6.1.5 India Glycerin Market Revenues & Volume, By Fat Splitting, 2021-2031F |
6.2 India Glycerin Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Glycerin Market Revenues & Volume, By Vegetable Oils, 2021-2031F |
6.2.3 India Glycerin Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.2.4 India Glycerin Market Revenues & Volume, By Soaps, 2021-2031F |
6.2.5 India Glycerin Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 India Glycerin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Glycerin Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 India Glycerin Market Revenues & Volume, By Chemical intermediates, 2021-2031F |
6.4 India Glycerin Market, By Grade |
6.4.1 Overview and Analysis |
6.4.2 India Glycerin Market Revenues & Volume, By Technical grade, 2021-2031F |
6.4.3 India Glycerin Market Revenues & Volume, By Pharmaceutical grade, 2021-2031F |
7 India Glycerin Market Import-Export Trade Statistics |
7.1 India Glycerin Market Export to Major Countries |
7.2 India Glycerin Market Imports from Major Countries |
8 India Glycerin Market Key Performance Indicators |
8.1 Percentage of glycerin used in pharmaceutical and personal care products compared to total glycerin consumption. |
8.2 Number of new product launches containing glycerin in the food and beverage industry. |
8.3 Growth rate of biofuel production and consumption in India, indicating the demand for glycerin in this sector. |
9 India Glycerin Market - Opportunity Assessment |
9.1 India Glycerin Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 India Glycerin Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 India Glycerin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Glycerin Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 India Glycerin Market - Competitive Landscape |
10.1 India Glycerin Market Revenue Share, By Companies, 2024 |
10.2 India Glycerin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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