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Global (North America, Europe and China) Glycerol Monostearate Market Research Report 2019-2025

Published Date: 2019-12-30   |   Pages: 133   |   Tables: 220   | Report Id: 1419829   | Hits: 93 |   Chemical & Material

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The global (North America, Europe and China) Glycerol Monostearate market is expected foresee significant growth on the back of growing demand for Glycerol Monostearate across various processing and industrial applications. The food industry forms the key end user of Glycerol Monostearate on account of high demand for organic thickening agents and emulsifiers in food processing applications, especially for frozen products. Manufacturers of Glycerol Monostearate are anticipated to carry out research and development activities to tap the novel applications of Glycerol Monostearate in the coming years.

Extensive Application across End-use Industries to Stimulate Market Growth  

Surge in the application of Glycerol Monostearate as an emulsifying agent across varied industries including food, beverage, pharmaceutical, plastic, and cosmetics is one of the significant reasons behind the growth of the Glycerol Monostearate market. Besides, technological advancements by the key players to enhance the product efficiency are anticipated to create growth opportunities for the Glycerol Monostearate market in the years to come.  However, availability of substitutes may hamper the growth of the global Glycerol Monostearate market in future.

Demand for Glycerol Monostearate to Improve with Increasing Food and Beverage Applications

Key application segments of Glycerol Monostearate are comprehensively studied in the report including food & beverage, cosmetic, plastic industry, and others. Widespread application of Glycerol Monostearate as a thickener, preservative, and an emulsifying agent in food industries is anticipated to induce its demand in the forthcoming years. Moreover, the product finds application as a plastic lubricant. The global Glycerol Monostearate market is also segregated based on the type including Monoglyceride Content: 40-50%, Monoglyceride Content: Niobium 90%, and other.

Rapidly Growing Food Industry to Create Demand for Glycerol Monostearate in APAC

The global Glycerol Monostearate market in Asia Pacific is estimated to foresee significant growth because of growing food industry, particularly in the emerging nations, such as India. Strong manufacturing base could also support the regional market growth in future. Also, inclination towards fast food among the consumers is positively influencing the demand for Glycerol Monostearate in this region.

Key Players to Undergo Tough Competition in Future

Some of the key companies involved in Global Glycerol Monostearate market are DuPont, Wilmar, Zhejiang Wumei, Riken Vitamin, Guangzhou Cardlo, Jialishi Additive, Guangzhou Masson, KAO, Oleon NV, Hangzhou Oleocheemicals, Corbion, Stepan, BASF, Croda, and Hangzhou Fuchun. Market players are likely to compete with other vendors in terms of quality, technological innovations, efficiency, and reliability.

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Global North America Europe and China Glycerol Monostearate market

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