The Global Glycerine Market was valued at USD 716.39 million in 2024 and is projected to reach USD 875.53 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.40% during the forecast period (2024–2030). This growth stems from rising demand across pharmaceuticals, personal care formulations, and food applications, alongside increased glycerine production as a biodiesel byproduct.
As industries increasingly prioritize sustainable and versatile chemical solutions, glycerine has become indispensable across multiple sectors. This analysis profiles the Top 10 Companies in the Glycerine Industry—global leaders and regional specialists driving production innovation and distribution networks worldwide.
🔟 1. P&G Chemicals
Headquarters: Cincinnati, Ohio, USA
Key Offering: Pharmaceutical and cosmetic grade glycerine
P&G Chemicals, a Procter & Gamble subsidiary, sets industry standards with its high-purity glycerine production. The company combines deep R&D expertise with global manufacturing capabilities to serve premium applications.
Product Advantages:
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USP/EP compliant pharmaceutical grades
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Specialty formulations for personal care applications
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Closed-loop production sustainability initiatives
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9️⃣ 2. KLK OLEO
Headquarters: Kuala Lumpur, Malaysia
Key Offering: Crude and refined glycerine derivatives
As Southeast Asia’s largest oleochemical producer, KLK OLEO maintains significant glycerine output through integrated palm oil processing operations. The company serves global markets with competitively priced, sustainably sourced products.
Sustainability Leadership:
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100% RSPO-certified palm oil supply chain
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Waste-to-value glycerine refinement technologies
8️⃣ 3. Wilmar International
Headquarters: Singapore
Key Offering: Biodiesel-derived glycerine products
Wilmar International leverages its extensive agribusiness network to produce substantial glycerine volumes across Asia and Africa. The company’s biodiesel operations ensure consistent glycerine supply alongside edible oil production.
Market Advantages:
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Cost-effective production through vertical integration
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Strategic presence in emerging Asian markets
7️⃣ 4. IOI Oleochemicals
Headquarters: Putrajaya, Malaysia
Key Offering: Technical and specialty glycerine grades
IOI Oleochemicals specializes in high-value glycerine applications, with particular expertise in pharmaceutical and industrial uses. The company maintains rigorous quality control systems meeting international standards.
Technical Expertise:
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GMP-certified production facilities
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Custom molecular distillation capabilities
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6️⃣ 5. Musim MAS
Headquarters: Singapore
Key Offering: Refined glycerine solutions
This integrated oleochemical producer operates multiple glycerine refining facilities across Indonesia and Malaysia, serving global markets with reliable supply chains and competitive pricing structures.
Operational Strengths:
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Annual production capacity exceeding 300,000 MT
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Strategic ASEAN production locations
5️⃣ 6. Cargill
Headquarters: Minneapolis, Minnesota, USA
Key Offering: Biodiesel co-product glycerine
Cargill’s renewable fuels division produces substantial glycerine volumes in North America and Europe. The company focuses on sustainable glycerine solutions meeting food, pharmaceutical, and industrial specifications.
Environmental Commitment:
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Traceable sustainable feedstock sourcing
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Advanced purification technologies
4️⃣ 7. Emery Oleochemicals
Headquarters: Cincinnati, Ohio, USA
Key Offering: Performance glycerine derivatives
Emery Oleochemicals stands out for its engineered glycerine solutions serving lubricants, plastics, and personal care markets. The company offers extensive technical support and formulation expertise.
Specialty Focus:
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Custom esterification capabilities
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Application-specific glycerine blends
3️⃣ 8. Oleon
Headquarters: Ertvelde, Belgium
Key Offering: EU-sourced glycerine products
As part of Avril Group, Oleon represents a leading European glycerine producer with strong biodiesel industry roots. The company emphasizes product traceability and consistent quality across its supply chain.
Regulatory Compliance:
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Full REACH compliance
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ISO 9001 certified operations
2️⃣ 9. Pacific Oleochemicals
Headquarters: Pasir Gudang, Malaysia
Key Offering: Palm-based glycerine solutions
Pacific Oleochemicals specializes in serving Southeast Asian markets with competitively priced glycerine products. The company benefits from efficient integrated production facilities and regional distribution networks.
Regional Expertise:
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Strong relationships with local manufacturers
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Cost-optimized production models
1️⃣ 10. Godrej Industries
Headquarters: Mumbai, India
Key Offering: Vegetable-derived glycerine
Godrej Industries dominates India’s domestic glycerine market while expanding its export footprint. The company benefits from growing biodiesel production and strong regional demand across multiple industries.
Strategic Positioning:
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Focus on cost-sensitive applications
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Expansion into glycerine derivative markets
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🌍 Market Outlook: Glycerine’s Expanding Industrial Applications
The glycerine market continues evolving as new applications emerge alongside traditional uses in personal care and food products. Technological advancements are creating exciting opportunities across multiple industries.
📈 Key Industry Trends:
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Growing pharmaceutical utilization in drug formulations and medical applications
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Increased demand for bio-based glycols and polyols production
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Enhanced focus on sustainable sourcing and supply chain transparency
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Emerging applications in renewable chemicals and green manufacturing
Get Full Report Here: Glycerine Market – View in Detailed Research Report
The profiled companies represent industry leaders shaping glycerine’s future through continuous innovation and sustainable production practices.
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