Glycerol monostearate in India is expected to reach USD 85.30 billion in 2022, growing at a CAGR of 5.2% between 2017 and 2022.
The glycerol monostearate market report includes comprehensive and profound analysis on India. The report gives historic data of 2016 along with a forecast from 2017 to 2022 based on revenue (USD Million) and volume (Tons). The study comprises drivers, restraint, and opportunities for the glycerol monostearate market along with the impact on the demand over the forecast period.
The report provides the complete view on the glycerol monostearate market and encompasses detailed application portfolio and strategic developments of key vendors. To know the competitive landscape of the glycerol monostearate market, an analysis of Porter’s five forces model is done. The study cover market attractiveness analysis, in which application segments are specialized based on the market size, growth rate, and attractiveness.
The report provides a crucial view on the glycerol monostearate market by segmenting the market based on application and end user. Based on application, the glycerol monostearate market is segmented as the emulsifier, thickening, anti-caking, stabilizer and other applications. Various end users for glycerol monostearate market are food & beverage, pharmaceutical, cosmetic and another end user. All the segments have been analyzed based on existing and future trends and the market is projected from 2016 to 2022.
The report presents comprehensive competitive outlook with company profiles of the key players operating in the India market. Key participants profiled in the report include Volkem Chemical LLP, Estelle Chemicals Pvt. Ltd., Alpha Chemicals Pvt Ltd, Marathwada Chemicals, Gujarat Amines, Liberty Chemicals, R. M. CHEMICALS, Maher Chemical Industries, ACM Chemicals, Jeevika Yugchem Private Limited, Mohini Organics Pvt. Ltd and Techno Phramchem among others are some of the key players in the glycerol monostearate market.
This report segments the glycerol monostearate market as follows:
?Glycerol Monostearate Market: Application Analysis
Glycerol Monostearate Market: End User Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Glycerol Monostearate market. Zion Research has collected and analyzed key data belong to the global Glycerol Monostearate market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Glycerol Monostearate across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Glycerol Monostearate industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases, and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Glycerol Monostearate market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Glycerol monostearate is a glycerol ester of stearic acid used as a food additive. It is a sweet flaky powder that is hygroscopic in nature. Glycerol monostearate occurs in our body as a result of the breakdown of fats by the pancreatic lipase. However, glycerol monostearate is also manufactured commercially and used as an emulsifier.
Glycerol monostearate is widely used in the food industry as an emulsifier and thickening agent. The rapidly growing cosmetics industry is likely to foster the growth of glycerol monostearate market within the forecast period. Furthermore, use of glycerol monostearate as a stabilizer in the pharmaceutical sector is anticipated to boost the glycerol monostearate market growth. However, the presence of several substitutes in the market may obstruct the growth of the glycerol monostearate in the future. Nevertheless, growing food industry is expected to offer ample opportunities for the glycerol monostearate market in the coming years
Based on applications, the glycerol monostearate market can be segmented as an emulsifier, thickening, anti-caking, stabilizer and others. Emulsifier dominated the glycerol monostearate market in 2016 owing to high usage of glycerol monostearate as the emulsifier in food & beverages and cosmetics industry. Thickening and stabilizer are expected to emerge as potent segments within the forecast period. The glycerol monostearate is utilized in various end-user industries such as food & beverage, pharmaceutical, cosmetic and another end user. Food & beverage held a remarkable market share in the glycerol monostearate market in 2016. This can be attributed to the use of glycerol monostearate as the emulsifier, thickener, and stabilizer. Glycerol monostearate can also be used as flavor enhancers and anti-caking agents in the food industry. The cosmetics industry is likely to gain traction in the forecast period.
There has been a tremendous rise in food & beverage industry in India which is expected to spur the glycerol monostearate market growth within the forecast period. India held the third-highest share in the pharmaceutical market in terms of volume and fourteenth in terms of value across the globe. This factor is expected to positively impact the growth of glycerol monostearate market in the coming years. Other factors contributing to the splendid growth of glycerol monostearate in India is the massive consumption of baked products and the sharp rise in the cosmetics industry.
Some of the key players in the glycerol monostearate include Volkem Chemical LLP, Estelle Chemicals Pvt. Ltd., Alpha Chemicals Pvt Ltd, Marathwada Chemicals, Gujarat Amines, Liberty Chemicals, R. M. CHEMICALS, Maher Chemical Industries, ACM Chemicals, Jeevika Yugchem Private Limited, Mohini Organics Pvt. Ltd and Techno Phramchem. The presence of several manufacturers in glycerol monostearate market has contributed to the intense competition among the players to sustain in the market.