Product Code: GVR-4-68040-196-5
Glycerol Monostearate Market Growth & Trends:
The global glycerol monostearate (GMS) market size is estimated to reach USD 2.63 billion by 2030, growing at a CAGR of 6.2% during the forecast period, according to a new report by Grand View Research, Inc. One of the key growth drivers is the increasing demand from end-user businesses including personal care & cosmetics, food & beverages, and pharmaceuticals. The increasing disposable income in regions such as the Asia Pacific and Middle East has also significantly contributed to the growth of the GMS market.
Glycerol monostearate is used in the packaging and plastics industries as a release agent and lubricant during the manufacturing of plastic goods. It helps optimize the flow of plastic materials during production and facilitates the release of molded plastic goods from their molds. Additionally, GMS is used throughout the production of polyethylene and polypropylene films to increase the processing and surface quality of the final films. In the plastics industry, it is used as an additive because of its ability to change the characteristics of plastic polymers.
GMS finds extensive use in the food industry, where it serves as an emulsifier in products such as margarine, ice cream, whipped toppings, baked goods, and confectionery items. In the cosmetics industry, GMS is utilized in the production of creams, lotions, and other personal care products. Its emulsifying properties enable the creation of stable emulsions, while its thickening capabilities enhance the texture and consistency of cosmetic formulations. Apart from this, GMS emulsifiers also find use in pharmaceutical and industrial operations.
The growth of the Middle East & Africa glycerol monostearate market is driven by the growing pharmaceutical industry. The region has seen prominent pharma companies make substantial inroads into the market, especially in the UAE, Qatar, and Saudi Arabia. The growth in the pharmaceutical industry has occurred in the areas of genomics, pharma product manufacturing, drugs for rare diseases, and personalized medicines. This has resulted in a rise in demand for high-purity GMS for manufacturing drugs, syrups, and other medicines.
Glycerol Monostearate Market Report Highlights:
- The >90% emerged as the fastest-growing purity segment in 2023 It is expected to grow at a CAGR of 7.0% from 2024 to 2030 due to increasing usage in the pharmaceutical industry in the production of tablets, capsules, and other products
- Thickener emerged as the fastest-growing application segment and is anticipated to register a CAGR of 7.1% from 2024 to 2030 due to the widespread usage of GMS in personal care & cosmetics products such as lotions, creams, and moisturizers
- Personal care & cosmetics emerged as the fastest growing end-use segment and is projected to grow at a CAGR of 6.9% from 2024 to 2030 due to increasing demand for GMS as a stabilizer and thickener of emulsions for cosmetics products
- North America emerged as the fastest growing region in 2023 and is anticipated to grow at a CAGR of 6.7% from 2024 to 2030 owing to the presence of major end-users such as food processing units, pharmaceutical firms, and personal care industry
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Glycerol Monostearate Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Glycerol Monostearate Market: Purity Estimates & Trend Analysis
- 4.1. Purity Movement Analysis & Market Share, 2023 & 2030
- 4.2. Glycerol Monostearate Market Estimates & Forecast, By Purity, 2018 to 2030 (Kilo Tons) (USD Million)
- 4.3. <90%
- 4.3.1. <90% Pure Glycerol Monostearate Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. >90%
- 4.4.1. >90% Pure Glycerol Monostearate Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. Glycerol Monostearate Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Glycerol Monostearate Market Estimates & Forecast, By End-Use, 2018 to 2030 (Kilo Tons) (USD Million)
- 5.3. Emulsifier
- 5.3.1. Glycerol Monostearate Emulsifier Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Thickener
- 5.4.1. Glycerol Monostearate Thickener Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Preservative
- 5.5.1. Glycerol Monostearate Preservative Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Other Applications
- 5.6.1. Glycerol Monostearate in Other Applications Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Glycerol Monostearate Market: End-Use Estimates & Trend Analysis
- 6.1. End-Use Movement Analysis & Market Share, 2023 & 2030
- 6.2. Glycerol Monostearate Market Estimates & Forecast, By End-Use, 2018 to 2030 (Kilo Tons) (USD Million)
- 6.3. Food & Beverages
- 6.3.1. Glycerol Monostearate Market Revenue Estimates and Forecasts in Food & Beverages, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4. Personal Care & Cosmetics
- 6.4.1. Glycerol Monostearate Market Revenue Estimates and Forecasts in Personal Care & Cosmetics, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5. Pharmaceuticals
- 6.5.1. Glycerol Monostearate Market Revenue Estimates and Forecasts in Pharmaceuticals, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6. Other End-Uses
- 6.6.1. Glycerol Monostearate Market Revenue Estimates and Forecasts in Other End-Uses, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7. Glycerol Monostearate Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Glycerol Monostearate Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key country dynamics
- 7.2.2.2. U.S. glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key country dynamics
- 7.2.3.2. Canada glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Key country dynamics
- 7.2.4.2. Mexico glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.3. Europe
- 7.3.1. Europe Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Key country dynamics
- 7.3.2.2. Germany glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.3.3. UK
- 7.3.3.1. Key country dynamics
- 7.3.3.2. UK glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.3.4. France
- 7.3.4.1. Key country dynamics
- 7.3.4.2. France glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Key country dynamics
- 7.3.5.2. Italy glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.3.6. Spain
- 7.3.6.1. Key country dynamics
- 7.3.6.2. Spain glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.4.2. China
- 7.4.2.1. Key country dynamics
- 7.4.2.2. China glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Japan glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.4.4. India
- 7.4.4.1. Key country dynamics
- 7.4.4.2. India glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. Key country dynamics
- 7.4.5.2. South Korea glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.5. Central & South America
- 7.5.1. Central & South America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Brazil glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.5.3. Argentina
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Argentina glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.5.4. Colombia
- 7.5.4.1. Key country dynamics
- 7.5.4.2. Colombia glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Saudi Arabia glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 7.6.3. South Africa
- 7.6.3.1. Key country dynamics
- 7.6.3.2. South Africa glycerol monostearate market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 8. Glycerol Monostearate Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share/Position Analysis, 2023
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Mergers & Acquisition
- 8.5.3. Partnerships & Collaborations
- 8.5.4. New Product Launches
- 8.5.5. Research And Development
- 8.6. Company Profiles
- 8.6.1. Croda International Plc
- 8.6.1.1. Participant's overview
- 8.6.1.2. Financial performance
- 8.6.1.3. Product benchmarking
- 8.6.1.4. Recent developments
- 8.6.2. Oleon NV
- 8.6.2.1. Participant's overview
- 8.6.2.2. Financial performance
- 8.6.2.3. Product benchmarking
- 8.6.2.4. Recent developments
- 8.6.3. Stepan Company
- 8.6.3.1. Participant's overview
- 8.6.3.2. Financial performance
- 8.6.3.3. Product benchmarking
- 8.6.3.4. Recent developments
- 8.6.4. Estelle Chemicals Pvt. Ltd.
- 8.6.4.1. Participant's overview
- 8.6.4.2. Financial performance
- 8.6.4.3. Product benchmarking
- 8.6.4.4. Recent developments
- 8.6.5. Corbion
- 8.6.5.1. Participant's overview
- 8.6.5.2. Financial performance
- 8.6.5.3. Product benchmarking
- 8.6.5.4. Recent developments
- 8.6.6. Alpha Chemicals Private Limited
- 8.6.6.1. Participant's overview
- 8.6.6.2. Financial performance
- 8.6.6.3. Product benchmarking
- 8.6.6.4. Recent developments
- 8.6.7. Kao Corporation
- 8.6.7.1. Participant's overview
- 8.6.7.2. Financial performance
- 8.6.7.3. Product benchmarking
- 8.6.7.4. Recent developments
- 8.6.8. Evonik Industries AG
- 8.6.8.1. Participant's overview
- 8.6.8.2. Financial performance
- 8.6.8.3. Product benchmarking
- 8.6.8.4. Recent developments
- 8.6.9. acm chemicals
- 8.6.9.1. Participant's overview
- 8.6.9.2. Financial performance
- 8.6.9.3. Product benchmarking
- 8.6.9.4. Recent developments
- 8.6.10. BASF SE
- 8.6.10.1. Participant's overview
- 8.6.10.2. Financial performance
- 8.6.10.3. Product benchmarking
- 8.6.10.4. Recent developments