Glycerin is a bright, colourless thick liquid, sweet tasting and has a high boiling point that can be dissolved in water or alcohol. It is an organic compound composed of carbon, hydrogen and oxygen. Glycerin acts as a suitable solvent and can be used as a raw material for the several types of chemical components. It is mainly used in personal care, tobacco, pharmaceuticals and food and beverages. The market share is expected to grow with a CAGR of 4.38% by 2024.
Middle-East and North Africa Glycerin Market Share:
The application segments Middle-East and North Africa Glycerin. Among different types of application personal care and cosmetics accounts for the most significant share in the market almost at a rate of 30% due to the high use of the cosmetics and personal care.
Middle-East and North Africa Glycerin Market Size:
Among the different countries in Middle-East and North Africa, Turkey is expected to have the most extensive size
Middle-East and North Africa Glycerin Market Growth:
The growth in Middle-East and North Africa glycerine market is mainly driven by the increasing demand for alkyd resin production, pharmaceuticals industry and also the massive demand in the personal care and cosmetics industry.
Middle-East and North Africa Glycerin Market Industry Analysis:
Middle-East and North Africa Glycerin Market are segmented by the application which is further segmented into pharmaceuticals, personal care and cosmetics, alkyd resigns, food and beverages, polyether polyols and industrial chemicals.
Middle-East and North Africa Glycerin Market Outlook:
Increasing use of de-icing applications and anti-freeze as a substitute for propylene and also the rising demand for the ethylene glycols in electronics cooling are estimated to have the more tremendous opportunities in the market during the forecast period.
Middle-East and North Africa Glycerin Market Trends:
The Iran Biodiesel Kish Co mostly produces the products like biodiesel
Middle-East and North Africa, Glycerin Market Research Report, include:
Starting from $2700
Starting from $2700
Starting from $2700
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