The Global Glycerol Carbonate Market was valued at USD 86.3 million in 2024 and is projected to reach USD 110.1 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period (2024–2030). This growth is driven by increasing demand for eco-friendly solvents, expanding biodiesel production generating glycerol feedstock, and rising applications across pharmaceuticals, polymer production, and industrial coatings.
As industries accelerate their transition toward sustainable chemical solutions, glycerol carbonate has emerged as a versatile platform chemical. This report profiles the Top 10 Companies in the Glycerol Carbonate Industry—innovators developing advanced production technologies and expanding global supply chains for this green solvent alternative.
🔟 1. Huntsman International LLC
Headquarters: The Woodlands, Texas, USA
Key Offering: High-purity glycerol carbonate for industrial and pharmaceutical applications
Huntsman leads the market with its integrated chemical production capabilities, supplying glycerol carbonate to diverse sectors. The company’s advanced purification processes ensure product quality for sensitive applications in electronics and specialty chemicals.
Sustainability Leadership:
- 20% reduction in energy intensity since 2020
- Circular manufacturing initiatives utilizing byproduct streams
- Plans to achieve carbon neutrality by 2035
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9️⃣ 2. UBE Industries, Ltd.
Headquarters: Tokyo, Japan
Key Offering: Electrochemically produced glycerol carbonate
UBE Industries has pioneered energy-efficient electrochemical synthesis methods, producing high-purity glycerol carbonate with minimal environmental impact. Their technology serves Japan’s advanced electronics and battery electrolyte markets.
Technological Edge:
- Proprietary membrane electrolysis technology
- 70% lower energy consumption than conventional methods
- Strategic collaborations with Asian battery manufacturers
8️⃣ 3. Inkemia Green Chemicals
Headquarters: Barcelona, Spain
Key Offering: Bio-based glycerol carbonate solutions
Inkemia specializes in enzymatic production processes, offering sustainable glycerol carbonate tailored for European green chemistry regulations. The company focuses on custom formulations for pharmaceutical and personal care applications.
Innovation Highlights:
- EU Horizon 2020-funded research projects
- Patent-pending biocatalysis technology
- Zero-waste production certification
7️⃣ 4. Thermo Fisher Scientific
Headquarters: Waltham, Massachusetts, USA
Key Offering: Laboratory-grade glycerol carbonate
Thermo Fisher serves research institutions and pharmaceutical developers with ultra-high purity glycerol carbonate. Their products meet stringent quality standards for analytical chemistry and process development applications.
Quality Assurance:
- ISO 9001:2015 certified facilities
- Batch-specific certificates of analysis
- Global logistics network for research customers
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6️⃣ 5. Eurisotop
Headquarters: Saint-Aubin, France
Key Offering: Isotope-labeled glycerol carbonate
Eurisotop provides specialized stable isotope compounds for pharmaceutical research and diagnostic applications. Their labeled glycerol carbonate supports drug metabolism studies and analytical method development.
Specialty Focus:
- Custom stable isotope synthesis
- GMP-compliant production
- Collaborations with major research institutions
5️⃣ 6. GLACONCHEMIE GmbH
Headquarters: Merseburg, Germany
Key Offering: Industrial-scale glycerol carbonate
GLACONCHEMIE operates one of Europe’s largest glycerol carbonate production facilities, supplying bulk quantities to chemical manufacturers. The company leverages Germany’s chemical industry infrastructure and technical expertise.
Industrial Strength:
- Annual capacity exceeding 15,000 metric tons
- Integrated production from biodiesel byproducts
- Automated quality control systems
4️⃣ 7. ANHUI MEISENBAO CHEMICAL
Headquarters: Hefei, China
Key Offering: Cost-competitive glycerol carbonate
As China’s leading producer, MEISENBAO benefits from regional feedstock advantages and scaled production. The company supplies Asian markets while expanding exports to Europe and North America.
Market Position:
- Lowest production costs in the industry
- Strategic location near biodiesel producers
- Expanding purification capabilities for premium grades
3️⃣ 8. TCI Chemicals
Headquarters: Portland, Oregon, USA
Key Offering: Research-grade glycerol carbonate
TCI serves academia and industrial R&D with rigorously tested glycerol carbonate products. Their comprehensive documentation supports scientific applications requiring precise chemical specifications.
Research Excellence:
- 2,500+ research institution customers
- Same-day shipping on standard products
- Technical support for novel applications
2️⃣ 9. Carbone Scientific
Headquarters: London, UK
Key Offering: Specialty glycerol carbonate derivatives
Carbone Scientific develops performance-optimized glycerol carbonate formulations for niche applications. Their chemical modification expertise creates value-added products for advanced material science applications.
Differentiation:
- Custom functionalization services
- High-value formulations for electronics
- Joint development projects with industrial partners
1️⃣ 10. Yantai Jinzheng Fine Chemical
Headquarters: Yantai, China
Key Offering: Bulk glycerol carbonate production
Jinzheng Fine Chemical operates vertically integrated manufacturing, controlling the process from raw material sourcing to final product delivery. The company supplies industrial markets across Asia and the Middle East.
Production Advantages:
- 200,000 ton annual biodiesel feedstock access
- Continuous process optimization
- Competitive export pricing
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🌍 Market Outlook: Glycerol Carbonate’s Green Chemistry Future
The glycerol carbonate market stands at an inflection point as sustainability mandates drive adoption across industries. With regulatory pressure mounting on traditional solvents, this bio-based alternative is gaining traction in both developed and emerging markets.
📈 Key Growth Drivers:
- Stringent EU and North American VOC regulations favoring green solvents
- Expanding biodiesel production ensuring stable glycerol supply
- Breakthroughs in pharmaceutical applications as drug formulation agent
- Emerging use in next-generation battery electrolytes
As production technologies advance and costs decline, glycerol carbonate is poised to displace conventional solvents in multiple applications. The companies profiled above are at the forefront of this transition, developing innovative solutions to meet growing global demand.
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Glycerol Carbonate Market – View in Detailed Research Report