| Product Code: ETC221787 | 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 |
Singapore`s import trend for glycerol in the Singapore market showed significant growth from 2023 to 2024, with a growth rate of 110.45%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 23.94%. This surge in imports can be attributed to a notable shift in demand dynamics or potentially favorable trade policies that drove market expansion during this period.
By 2027, Singapore's Glycerol market is forecasted to achieve a stable growth rate of 0.00%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

The Singapore glycerol market is witnessing stable growth owing to its wide range of applications across industries. Glycerol, also known as glycerin, is utilized in food and beverages, pharmaceuticals, cosmetics, and personal care products. Its role as a humectant and moisturizing agent is driving its use in skincare and cosmetic formulations. Additionally, the food industry is incorporating glycerol as a natural sweetener and food additive. With a focus on sustainable and eco-friendly ingredients, glycerol`s demand is expected to remain robust.
The Singapore fish oil market is witnessing growth due to the increasing awareness of the health benefits associated with omega-3 fatty acids found in fish oil. Consumers are becoming more health-conscious and seek dietary supplements and functional foods containing fish oil for heart and brain health. Additionally, the growing prevalence of chronic diseases has prompted people to incorporate fish oil supplements into their diets, contributing to market expansion.
The Singapore glycerol market confronts various challenges. Firstly, glycerol is used in a wide range of industries, and market demand may fluctuate based on economic conditions and changes in manufacturing processes. Secondly, ensuring the quality and purity of glycerol products is essential, as it is used in pharmaceuticals, food, and cosmetics. Any issues related to product quality can harm the market`s reputation. Additionally, competition from other glycerol suppliers globally can impact market dynamics. Furthermore, regulatory requirements and sustainability concerns may pose challenges for glycerol manufacturers.
The glycerol market experienced minimal direct impact from COVID-19. Glycerol is primarily used in the pharmaceutical, food, and personal care industries, which saw relatively stable demand during the pandemic. However, disruptions in the global supply chain and logistical challenges affected the availability of raw materials at times, leading to some price fluctuations.
In the Singapore glycerol market, leading players have played a crucial role in providing high-quality glycerol products for various industrial and consumer applications. Key companies in this sector include Glycerol Solutions Ltd., PureGlycol Inc., and Glycerin Innovations. These players have been integral to meeting the demand for glycerol in industries such as pharmaceuticals, cosmetics, 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 Singapore Glycerol Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Glycerol Market - Industry Life Cycle |
3.4 Singapore Glycerol Market - Porter's Five Forces |
3.5 Singapore Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Singapore Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Singapore Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Singapore Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for glycerol in the pharmaceutical and personal care industries due to its moisturizing properties and as a key ingredient in various products. |
4.2.2 Growing awareness about the benefits of using glycerol in food and beverage applications, such as a sweetener and preservative, driving its consumption. |
4.2.3 Government initiatives promoting the use of bio-based products, including glycerol, to reduce environmental impact and support sustainability efforts in Singapore. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as vegetable oils and animal fats, impacting the production cost of glycerol. |
4.3.2 Intense competition from alternative products or substitutes that may offer similar functionalities at a lower cost, affecting the market share of glycerol. |
4.3.3 Regulatory challenges related to product quality standards and compliance with safety regulations, which can pose barriers to market entry and expansion. |
5 Singapore Glycerol Market Trends |
6 Singapore Glycerol Market, By Types |
6.1 Singapore Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Singapore Glycerol Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Singapore Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.4 Singapore Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.5 Singapore Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.6 Singapore Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Singapore Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Singapore Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Singapore Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Singapore Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Singapore Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Singapore Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Singapore Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Singapore Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Singapore Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Glycerol Market Import-Export Trade Statistics |
7.1 Singapore Glycerol Market Export to Major Countries |
7.2 Singapore Glycerol Market Imports from Major Countries |
8 Singapore Glycerol Market Key Performance Indicators |
8.1 Research and development investment in innovative glycerol applications and technologies to enhance product performance and market competitiveness. |
8.2 Number of new product launches or partnerships within the glycerol market segment, indicating industry growth and market expansion. |
8.3 Environmental impact metrics, such as carbon footprint reduction or waste minimization through sustainable glycerol production practices. |
9 Singapore Glycerol Market - Opportunity Assessment |
9.1 Singapore Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Singapore Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Singapore Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Singapore Glycerol Market - Competitive Landscape |
10.1 Singapore Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Singapore Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |