Glycerol Diacetate Market, by Application (Food Emulsifier, Plasticizers, Paints & Coatings, Cement Additives, Cigarette, and Others), by End-use Industry (Food & Beverages, Building & Construction, Pharmaceutical, Chemical, Automotive, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) -Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  • To Be Published : Sep 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Market Introduction

Glycerol diacetate, also known as diacetin, is colorless, clear, and hygroscopic in nature. It is an ester compound used as a diluent or filler material in production of synthetic food colors. Glycerol diacetate is soluble in alcohol and other organic solvents.

Drivers and Restraints

Increasing use of glycerol diacetate in food additives for flavoring and coloring of synthetic agents and growing food industry are major factors driving growth of the global glycerol diacetate market. According to the Department for Environment Food & Rural Affairs (DEFRA), in U.K., the food sector excluding fishing and agriculture was increased by 78% between 2000 and 2016.

Market Outlook

North America is projected to exhibit significant growth in the global glycerol diacetate market over the forecast period. This is attributed to increasing end-use application of glycerol diacetate in paints and coatings. According to the Coherent Market Insights’ analysis, the global paints and coatings market was valued at US$ 137.25 billion in 2016 and is expected to reach US$ 235 billion by 2025.

Asia Pacific is the fastest growing region in the global glycerol diacetate market over the forecast period, owing to increasing use of plasticizers in production of Polyvinyl Chloride (PVC). According to Ministry of Economy, Trade and Industry (METI), a Ministry of the Government of Japan, PVC production in Asia Pacific (excluding Japan) was 53.5% in 2015, globally. Moreover, according to Federation of Indian Chambers of Commerce & Industry (FICCI), PVC demand has grown at 10% p.a. from 1.2 million tons per annum to 2.1 million tons per annum.

Market players

Key players operating in the global glycerol diacetate market include, Eastman Chemical Company, Tennants Fine Chemicals Ltd., Spectrum Laboratory Products Inc., Crescent Chemical Co., Inc., Yixing Tianyuan Chemical Co., Ltd., and Yixing Kaixin Chemical Co., Ltd.

Glycerol Diacetate Market Taxonomy

On the basis of application, the glycerol diacetate market is segmented into:

  • Food Emulsifier
  • Plasticizers
  • Paints & Coatings
  • Cement Additives
  • Cigarette
  • Others (Resin Solvent, and Camphor)

On the basis of end-use industry, the glycerol diacetate market is segmented into:

  • Food & Beverages
  • Building & Construction
  • Pharmaceutical
  • Chemical
  • Automotive
  • Others (Foundry and Steel)

On the basis of region, the glycerol diacetate market is segmented into:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • Northern Africa
    • Central Africa
    • South Africa

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.