Glycerol Monolaurate Market in-depth Analysis and Marginal Revenue Growth 2021-2027: Protameen Chemicals, Oleon NV, Lonza, Jeen International, Colonial Chemical, Fine Organics

Glycerol Monolaurate is also referred to as glycerol sulfate, glycerol or 1-hydroxy acid, glycerol monolaurate, or glycerol sulfate and monols. It is the main ingredient of humectants, an important component in some toothpaste. In cosmetics and skincare products, it is used as an additive for cosmetic manufacturing purposes. There are some reasons why this substance is considered effective as an antiseptic and antimicrobial.

Aside from being a food ingredient, it has also been used for medicinal purposes. Among the benefits of this ingredient are its antimicrobial activity, antiseptic effect, and antifungal properties. Research done on animals reveal that it can kill certain types of cancer cells without causing any harm to other healthy cells.

Glycerol Monolaurate market research report provides detailed information on the following aspects: industry size, share, growth, segmentation, manufacturers and progress, main trends, market drivers, challenges, standardization, deployment models, opportunities, strategies, future roadmaps, and Annual forecast for the year 2026. This report provides a professional and in-depth analysis of the current status of the Glycerol Monolaurate market, including major players such as manufacturers, suppliers, distributors, traders, customers, and investors. The report also helps you understand the dynamic structure of the Glycerol Monolaurate market by identifying and analyzing market segments.

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The major players profiled in this report include

Protameen Chemicals, Oleon NV, Lonza, Jeen International, Colonial Chemical, Fine Organics, Guangzhou Cardlo Biochemical, Hangzhou Fuchun, PT Musim Mas, Lasenor, Riken Vitamin, and BASF

Market Segments and Sub-segments Covered in the Report are as per below:

Based on Product Type Glycerol Monolaurate market is segmented into

GML 40ï¼-45ï¼, GML 70ï¼-80ï¼, GML ≥90ï¼

Based on the Application Glycerol Monolaurate market is segmented into

Food, Cosmetics and Personal Care, Dietary Supplement, Feed Industry

Impact of COVID-19:

The industry is mainly driven by increasing financial incentives and regulatory support from governments around the world. The current Glycerol Monolaurate market is mainly affected by the COVID-19 pandemic. Most projects in China, the United States, Germany, and South Korea have been postponed. These companies are facing short-term operational problems due to supply chain constraints and the inaccessibility of factories due to the COVID-19 outbreak. Due to the pandemic impact in China, Japan, and India, the spread of COVID-19 is expected to severely affect the Asia-Pacific region.

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Drivers
Growing consumer demand for high-quality and novel cosmetic products alongside improving the standard of living and accelerated R&D work is expected to augment the growth of the global glycerol monolaurate market during the forecast period. For instance, in December 2020, research published in the Journal of Animal Science and Biotechnology revealed that glycerol monolaurate can be effective in curbing the ASFv (African swine fever virus).
Furthermore, increased production of oleochemicals and bio-diesel for their unique applications is expected to propel the growth of the global glycerol monolaurate market over the forecast period.

Restraints
Higher costs associated with the glycerol purification processes for the pharmaceutical and cosmetic applications coupled with the halt of the supply chain due to the COVID-19 pandemic are expected to hinder the growth of the global glycerol monolaurate market.
Opportunities

Increasing awareness over the use of biofuels around the world combined with the growing consumption of bio-diesel is expected to provide lucrative growth opportunities for the players operating in the global glycerol monolaurate market.

Regional Analysis
The Asia Pacific is expected to witness significant growth during the forecast period in the global glycerol monolaurate market. The availability of ample raw materials for biofuel production combined with the increasing glycerol exports from countries such as Malaysia and Indonesia is driving the growth of the glycerol monolaurate in this region.
Europe is also expected to experience robust growth over the forecast period in the global glycerol monolaurate market. Growing demand for glycerol from the cosmetic sector is propelling the growth of the glycerol monolaurate market in this region.

Competitive Landscape
Major companies contributing to the global glycerol monolaurate market include Protameen Chemicals, Oleon NV, Lonza, Jeen International, Colonial Chemical, Fine Organics, Guangzhou Cardlo Biochemical, Hangzhou Fuchun, PT Musim Mas, Lasenor, Riken Vitamin, and BASF.

Key Developments
In January 2021, Colonial Chemicals, Inc., announced the construction of a new production facility in Dammamm, Saudi Arabia, which aims to provide the company’s services and products in this region.

In May 2021, Fine Organic Industries entered into an agreement with Olefine Organics Thailand Company and Olefine Organics to accelerate the production, supply, and export of specialty chemicals products.

What market dynamics does this report cover?
The report shares key insights on:

• Current market size
• Market forecast
• Market opportunities
• Key drivers and restraints
• Regulatory scenario
• Industry trend
• New product approvals/launch
• Promotion and marketing initiatives
• Pricing analysis
• Competitive landscape
• It helps companies make strategic decisions.

Does this report provide customization?
Customization helps organizations gain insight into specific market segments and areas of interest. Therefore, WMR provides customized report information according to business needs for strategic calls.

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Glycerol Monolaurate Market 2021-2026: Main Highlights

• The compound annual growth rate of the market during the forecast period 2021-2026
• Detailed information on the factors that will contribute to the growth of the Glycerol Monolaurate market in the next five years
• Estimate the size of the Glycerol Monolaurate market and its contribution to the parent market
• Forecast of upcoming trends and changes in consumer behavior
• Glycerol Monolaurate market growth
• Analyze the market competition landscape and provide detailed information about suppliers
• Detailed information on the factors that comprehensively challenge the growth of vendors in the Glycerol Monolaurate market
• Insightful research reports on the Glycerol Monolaurate market include Pestle analysis, Porter’s five forces analysis, and SWOT analysis to understand the factors that affect consumer and supplier behavior

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