The Global Glyceryl Tribenzoate (GTB) Market was valued at USD 134.5 Million in 2024 and is projected to reach USD 178.9 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024–2030). The United States GTB market was valued at USD 38.9 Million in 2024 and is projected to reach USD 50.4 Million by 2030, with a CAGR of 4.4% during the same period.
As a versatile plasticizer and reactive diluent, GTB is gaining significant traction across polymer applications, adhesives, and coatings industries due to its superior compatibility and performance characteristics. This report profiles the Top 10 Companies in the Glyceryl Tribenzoate Market—a carefully selected mix of chemical manufacturers and specialty producers driving innovation in next-generation plasticizer solutions.
🔟 1. FEIYANG GROUP
Headquarters: Shanghai, China
Key Offering: High-Purity GTB (99+%), Plasticizer Solutions
Feiyang Group has established itself as a dominant player in GTB production with fully integrated manufacturing capabilities. The company supplies premium-grade GTB to global polymer and adhesive manufacturers with strict quality specifications.
Key Differentiators:
- Largest production capacity in Asia (6,500 MT/year)
- Specialized in food-contact approved formulations
- Vertical integration from raw materials to finished product
Download FREE Sample Report: Glyceryl Tribenzoate (GTB) Market – View in Detailed Research Report
9️⃣ 2. Perstorp Holding AB
Headquarters: Malmö, Sweden
Key Offering: GTB-based Specialty Plasticizers, Polyol Esters
This European chemical leader offers GTB as part of its advanced polyol ester portfolio, serving demanding applications with strict regulatory requirements.
Key Differentiators:
- REACH and FDA compliant formulations
- Bio-based GTB development pipeline
- Technical support for complex applications
8️⃣ 3. Synose
Headquarters: Wuhan, China
Key Offering: Pharmaceutical-Grade GTB, High-Purity Esters
Synose has emerged as a quality-focused GTB manufacturer with extensive expertise in benzoate chemistry.
Key Differentiators:
- GMP-certified production facilities
- Strict impurity control protocols
- Customized GTB solutions for niche applications
7️⃣ 4. Scichemy
Headquarters: Hangzhou, China
Key Offering: Technical and Food-Grade GTB
Scichemy operates dedicated GTB production lines with advanced quality control systems.
Key Differentiators:
- Halogen-free formulations
- Advanced esterification technology
- Rapid response customization
Download FREE Sample Report: Glyceryl Tribenzoate (GTB) Market – View in Detailed Research Report
6️⃣ 5. Jialong Biological
Headquarters: Zhejiang, China
Key Offering: GTB for PVC and Polymer Applications
Specializing in polymer additives, Jialong provides GTB solutions optimized for flexible PVC and specialty plastics.
Key Differentiators:
- Cost-effective production methods
- Enhanced compatibility formulations
- Stable supply chain management
5️⃣ 6. Velsicol Chemical
Headquarters: Rosemont, Illinois, USA
Key Offering: Benzoate Plasticizers Including GTB
Velsicol is a North American leader in benzoate esters with strong technical service capabilities.
Key Differentiators:
- Regulatory expertise in multiple markets
- Custom blending services
- Strong R&D focus
4️⃣ 7. Haihang Industry
Headquarters: Jinan, China
Key Offering: GTB for Coatings and Inks
This specialty chemical provider serves the paints and coatings sector with tailored GTB formulations.
Key Differentiators:
- Low-VOC solutions
- Technical support for formulators
- Competitive pricing
3️⃣ 8. Danyang Wanlong Chemical
Headquarters: Jiangsu, China
Key Offering: GTB for Adhesive Applications
Specializing in adhesive raw materials, Wanlong supplies GTB to global adhesive manufacturers.
Key Differentiators:
- High-performance grades
- Flexible packaging solutions
- Logistics optimization
Download FREE Sample Report: Glyceryl Tribenzoate (GTB) Market – View in Detailed Research Report
2️⃣ 9. IGM Resins
Headquarters: Waalwijk, Netherlands
Key Offering: GTB for Radiation-Curable Applications
IGM Resins incorporates GTB in its specialty chemical solutions for advanced materials.
Key Differentiators:
- UV/EB curing expertise
- Sustainable chemistry initiatives
- Application-specific formulations
1️⃣ 10. Miwon Specialty Chemical
Headquarters: Seoul, South Korea
Key Offering: High-Performance GTB Solutions
Miwon develops advanced GTB formulations for cutting-edge polymer applications requiring superior performance.
Key Differentiators:
- High-temperature stability
- Polymer compatibility research
- Technical collaboration model
Get Full Report Here: Glyceryl Tribenzoate (GTB) Market – View in Detailed Research Report
🔬 Market Outlook: GTB Innovation Driving Market Expansion
The glyceryl tribenzoate market is undergoing significant transformation as manufacturers develop novel applications and sustainable production methods.
📊 Key Market Trends:
- Growing demand for phthalate-free plasticizer alternatives in food-contact applications
- Increasing investment in bio-based GTB production methods (22% R&D growth in 2023)
- Expansion into high-value applications including medical polymers and electronics
- Regulatory shifts driving formulation innovations across regions
Get Full Report Here: Glyceryl Tribenzoate (GTB) Market – View in Detailed Research Report
The companies profiled represent the forefront of GTB innovation, transforming this specialty chemical into a critical performance additive across multiple industries.
