| Product Code: ETC221783 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
South Korea Glycerol market currently, in 2023, has witnessed an HHI of 4012, Which has decreased slightly as compared to the HHI of 5241 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korea Glycerol Market is growing with the utilization of glycerol in pharmaceuticals, personal care products, and food additives for its moisturizing, emollient, and preservative properties. Glycerol, also known as glycerin, supports skin hydration, product formulation stability, and texture enhancement in cosmetics and healthcare applications. The market growth is driven by beauty trends, health-conscious consumer preferences, and innovations in glycerol extraction methods ensuring quality and safety in South Korean markets.
The cosmetics, pharmaceuticals, and food industries` demand for glycerol as a non-toxic, non-allergenic moisturizer, solvent, and sweetener is driving growth in South Korea`s glycerol market. Glycerol, derived from vegetable oils or animal fats, enhances product stability, texture, and shelf life in skincare formulations, pharmaceutical drugs, and food products. Market drivers include increasing consumer awareness of glycerol`s skin hydration benefits, innovations in glycerol extraction technologies improving yield and purity, and regulatory approvals for glycerol applications in pharmaceuticals and food additives, driving market expansion across personal care, healthcare, and food processing sectors.
The glycerol market in South Korea faces challenges such as oversupply and pricing pressures in global biodiesel production, impacting market dynamics for refined glycerol derivatives used in pharmaceuticals, personal care, and food industries. Technological advancements in glycerol refining processes and sustainable sourcing practices drive market requirements for high-purity and sustainable glycerol products. Moreover, regulatory compliance with quality standards and consumer preferences for natural ingredients influence market strategies and investment decisions in the competitive glycerol market.
The South Korean government regulates the glycerol market to ensure product safety and quality. Policies include strict standards for purity and production processes. The government also promotes the use of glycerol in various industries through incentives for adopting sustainable and innovative production technologies.
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 South Korea Glycerol Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Glycerol Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Glycerol Market - Industry Life Cycle |
3.4 South Korea Glycerol Market - Porter's Five Forces |
3.5 South Korea Glycerol Market Revenues & Volume Share, By Source, 2021 & 2028F |
3.6 South Korea Glycerol Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 South Korea Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2028F |
4 South Korea Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for glycerol in cosmetics and personal care products due to its moisturizing properties. |
4.2.2 Rising awareness about the benefits of glycerol in the pharmaceutical industry for applications such as cough syrups and expectorants. |
4.2.3 Growth in the food and beverage industry, where glycerol is used as a sweetener and humectant. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in glycerol production, such as vegetable oils. |
4.3.2 Stringent regulations regarding the quality and purity of glycerol for different end-use industries. |
5 South Korea Glycerol Market Trends |
6 South Korea Glycerol Market, By Types |
6.1 South Korea Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 South Korea Glycerol Market Revenues & Volume, By Source, 2018 - 2028F |
6.1.3 South Korea Glycerol Market Revenues & Volume, By Biodiesel, 2018 - 2028F |
6.1.4 South Korea Glycerol Market Revenues & Volume, By Fatty Alcohols, 2018 - 2028F |
6.1.5 South Korea Glycerol Market Revenues & Volume, By Fatty Acids, 2018 - 2028F |
6.1.6 South Korea Glycerol Market Revenues & Volume, By Soap, 2018 - 2028F |
6.2 South Korea Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Glycerol Market Revenues & Volume, By Crude, 2018 - 2028F |
6.2.3 South Korea Glycerol Market Revenues & Volume, By Refined, 2018 - 2028F |
6.3 South Korea Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 South Korea Glycerol Market Revenues & Volume, By Food & Beverage, 2018 - 2028F |
6.3.3 South Korea Glycerol Market Revenues & Volume, By Pharmaceutical, 2018 - 2028F |
6.3.4 South Korea Glycerol Market Revenues & Volume, By Nutraceutical , 2018 - 2028F |
6.3.5 South Korea Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2018 - 2028F |
6.3.6 South Korea Glycerol Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.3.7 South Korea Glycerol Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Glycerol Market Import-Export Trade Statistics |
7.1 South Korea Glycerol Market Export to Major Countries |
7.2 South Korea Glycerol Market Imports from Major Countries |
8 South Korea Glycerol Market Key Performance Indicators |
8.1 Average selling price of glycerol in South Korea. |
8.2 Number of new product launches containing glycerol in the cosmetics and personal care sector. |
8.3 Export/import volume of glycerol in South Korea. |
9 South Korea Glycerol Market - Opportunity Assessment |
9.1 South Korea Glycerol Market Opportunity Assessment, By Source, 2021 & 2028F |
9.2 South Korea Glycerol Market Opportunity Assessment, By Type, 2021 & 2028F |
9.3 South Korea Glycerol Market Opportunity Assessment, By End-use, 2021 & 2028F |
10 South Korea Glycerol Market - Competitive Landscape |
10.1 South Korea Glycerol Market Revenue Share, By Companies, 2021 |
10.2 South Korea Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |