| Product Code: ETC221799 | Publication Date: Aug 2022 | 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 |
In the Saudi Arabia glycerol market, the import trend exhibited a -1.18% growth rate from 2023 to 2024, with a notable compound annual growth rate (CAGR) of 14.58% for the period 2020-2024. This decline in import momentum from 2023 to 2024 may be attributed to shifting demand patterns or changes in trade policies affecting market stability.
The saudi arabia glycerol market plays a vital role in sectors such as food and beverage, pharmaceuticals, and cosmetics. Glycerol`s versatile properties as a sweetener, humectant, and solvent have positioned it as a valuable ingredient in various products. The market`s growth is influenced by the demand for innovative formulations in personal care items, the pharmaceutical industry`s need for excipients, and the food industry`s focus on sugar reduction. As industrial applications continue to evolve, the glycerol market is expected to demonstrate steady growth.
The glycerol market in Saudi Arabia has expanded due to the compound`s wide range of applications across industries. Glycerol is used in food and beverages, pharmaceuticals, personal care products, and industrial processes. The market growth is driven by glycerol`s properties as a humectant, solvent, and preservative, making it a versatile ingredient in various products and processes.
The Saudi Arabia glycerol market faces multifaceted challenges. Glycerol is used in various industries, including pharmaceuticals, food and beverages, and personal care. Fluctuations in feedstock prices, such as vegetable oils, impact glycerol production costs. Stricter regulations on product quality and safety necessitate continuous process improvements. Balancing the diverse applications of glycerol while maintaining profitability requires a nuanced approach.
The glycerol market in Saudi Arabia experienced varying effects due to the COVID-19 pandemic. Glycerol, which is used in various industries including pharmaceuticals, personal care, and food, witnessed fluctuations in demand. The increased production of sanitizers and hygiene products during the pandemic led to a surge in glycerol demand. However, disruptions in the supply chain, including the sourcing of raw materials and transportation, posed challenges for manufacturers. These factors created a mixed impact on the glycerol market.
In the glycerol market of Saudi Arabia, key players include Glycerin Industries Ltd., Saudi Petrochemical Company, and Desert Glycerol Exports. These companies are renowned for their glycerol production and supply, serving various industries such as cosmetics, pharmaceuticals, and food processing.
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 Saudi Arabia Glycerol Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Glycerol Market - Industry Life Cycle |
3.4 Saudi Arabia Glycerol Market - Porter's Five Forces |
3.5 Saudi Arabia Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Saudi Arabia Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Saudi Arabia Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Saudi Arabia Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for glycerol in cosmetics and personal care products |
4.2.2 Increasing adoption of biofuels driving glycerol production |
4.2.3 Government initiatives promoting the use of glycerol in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting glycerol production costs |
4.3.2 Lack of awareness about the benefits of glycerol in certain industries |
4.3.3 Stringent regulations regarding glycerol quality and purity standards |
5 Saudi Arabia Glycerol Market Trends |
6 Saudi Arabia Glycerol Market, By Types |
6.1 Saudi Arabia Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Glycerol Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Saudi Arabia Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.4 Saudi Arabia Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.5 Saudi Arabia Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.6 Saudi Arabia Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Saudi Arabia Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Saudi Arabia Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Saudi Arabia Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Saudi Arabia Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Saudi Arabia Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Saudi Arabia Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Saudi Arabia Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Saudi Arabia Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Glycerol Market Import-Export Trade Statistics |
7.1 Saudi Arabia Glycerol Market Export to Major Countries |
7.2 Saudi Arabia Glycerol Market Imports from Major Countries |
8 Saudi Arabia Glycerol Market Key Performance Indicators |
8.1 Average selling price of glycerol in the Saudi Arabian market |
8.2 Number of new product launches containing glycerol in the cosmetics industry |
8.3 Percentage increase in glycerol production capacity in Saudi Arabia |
8.4 Research and development investment in glycerol-based products |
8.5 Number of partnerships or collaborations for glycerol distribution and marketing |
9 Saudi Arabia Glycerol Market - Opportunity Assessment |
9.1 Saudi Arabia Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Saudi Arabia Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Saudi Arabia Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Saudi Arabia Glycerol Market - Competitive Landscape |
10.1 Saudi Arabia Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |