India Glycerine Market (2025-2031) Outlook | Forecast, Trends, Growth, Companies, Industry, Revenue, Analysis, Size, Share & Value

Market Forecast By Grade (USP Grade, Technical Grade), By Application (Personal Care, Food & Beverages, Pharmaceuticals, Polyether Polyols, Chemical Intermediate, Tobacco, Others) And Competitive Landscape
Product Code: ETC326724 Publication Date: Aug 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Glycerine Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s glycerine import shipments in 2024 continued to be dominated by key exporting countries such as Indonesia, Malaysia, Germany, USA, and Thailand. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 12.2%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the significance of these top exporting countries in meeting India`s glycerine demand. Monitoring shifts in market dynamics and exploring opportunities for diversification could be crucial in navigating this competitive landscape.

India Glycerine Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Glycerine Market Synopsis

The India glycerine market is witnessing significant growth as the cosmetics, personal care, and pharmaceutical industries utilize this versatile ingredient in various products. This market`s outlook is driven by factors such as the increasing demand for glycerine in skincare, oral care, and medicinal formulations, the growth of the cosmetics and pharmaceutical sectors, and the adoption of glycerine for its moisturizing and emollient properties. Additionally, the development of sustainable and plant-based glycerine sources and the rising focus on clean beauty and natural ingredients are further contributing to market growth. Overall, the India glycerine market is expected to experience favorable growth in the coming years.

Drivers of the market

The India glycerine market is experiencing growth as industries utilize this versatile compound in various applications. This market`s outlook is driven by factors such as the increasing demand for glycerine in pharmaceuticals, cosmetics, and food and beverage products, the growth of the personal care and healthcare sectors, and the adoption of glycerine for its moisturizing and emollient properties. Additionally, the development of bio-based and sustainable glycerine sources and the rising focus on natural and clean beauty formulations are further contributing to market growth. One of the key drivers of the India glycerine market is the growing demand for glycerine in the production of hand sanitizers and personal care products, which has surged due to the COVID-19 pandemic.

Challenges of the Market

The India glycerine market is experiencing growth as industries utilize this versatile compound in various applications, including cosmetics, pharmaceuticals, and food products. This market`s outlook is driven by factors such as the increasing demand for glycerine in personal care and beauty products, pharmaceutical formulations, and food additives, the growth of the FMCG and healthcare sectors, and the adoption of glycerine for its moisturizing and solubilizing properties. However, the fluctuating prices of raw materials and the presence of synthetic alternatives pose a challenge for market players to maintain cost competitiveness and product quality.

Covid-19 Impact on the Market

The India glycerine market is experiencing growth as the chemical, personal care, and pharmaceutical industries utilize this versatile compound for various applications. This market`s outlook is driven by factors such as the increasing demand for glycerine in cosmetics, pharmaceuticals, and food products, the growth of the specialty chemicals and FMCG sectors, and the adoption of glycerine for its moisturizing and humectant properties. Additionally, the development of bio-based and sustainable glycerine and the rising focus on clean and green personal care ingredients are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to changes in consumer behavior and disruptions in industrial activities. However, with the rebound in economic activities and increased demand for personal care and healthcare products, the market is expected to recover in the post-pandemic period.

Key Players of the Market

The India glycerine market is witnessing significant growth as various industries utilize this versatile compound in various applications. This market`s outlook is driven by factors such as the increasing demand for glycerine in food and beverage, pharmaceutical, and personal care products, the growth of the specialty chemicals and FMCG sectors, and the adoption of glycerine for its moisturizing and emollient properties. Additionally, the development of bio-based and natural glycerine and the rising focus on sustainable and eco-friendly ingredients are further contributing to market growth. Some of the key players in the India glycerine market include GlycerTech Industries, PharmaGlycol Solutions, and BeautyPlus Extracts.

Key Highlights of the Report:

  • India Glycerine Market Outlook
  • Market Size of India Glycerine Market, 2024
  • Forecast of India Glycerine Market, 2031
  • Historical Data and Forecast of India Glycerine Revenues & Volume for the Period 2021-2031
  • India Glycerine Market Trend Evolution
  • India Glycerine Market Drivers and Challenges
  • India Glycerine Price Trends
  • India Glycerine Porter's Five Forces
  • India Glycerine Industry Life Cycle
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By USP Grade for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Technical Grade for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Personal Care for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Polyether Polyols for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Chemical Intermediate for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Tobacco for the Period 2021-2031
  • Historical Data and Forecast of India Glycerine Market Revenues & Volume By Others for the Period 2021-2031
  • India Glycerine Import Export Trade Statistics
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By Application
  • India Glycerine Top Companies Market Share
  • India Glycerine Competitive Benchmarking By Technical and Operational Parameters
  • India Glycerine Company Profiles
  • India Glycerine Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Glycerine 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 Glycerine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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