Key vendors to focus on the development of new products to strengthen their foothold in the competitive market.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global glycerol market in their latest research report. This report also lists seven other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for glycerol is highly competitive in nature and is dominated by large global vendors. The dominant players in the market have a vast geographical presence, with large production facilities located across the globe. The market also comprises of a considerable number of small regional vendors with significant shares in the market. Innovations, price, and quality of the product are some of the key crtieria upon which vendors in the market compete. Some players can capture the market due to lower costs compared to their competitors. Furthermore, few suppliers’ financial, technological, and other resources are superior when compared to their competitors and hence can withstand changes in different market conditions.
According Ajay Adikari, a lead analyst at Technavio for research on bio-chemicals and bio-materials, “During the forecast period, vendors in the market are likely to emphasize on new product development to differentiate themselves in the market. The development and launch of new products are also expected to help vendors in capturing emerging and untapped market opportunities.”
Click here to request a free sample of this report
Top five vendors in the glycerol market space
Emery Oleochemicals
Emery Oleochemicals engages in the supply of high-performance natural chemicals made from natural oils and fats. The company has operational presence in around 20 countries and distributes its product offerings in more than 50 countries. It caters to many application industries such as home and personal care, construction, automotive, lubricants, packaging, food and beverage, pharmaceuticals, textiles, electrical and electronics, and agriculture. It operates through six business segments which include – Agro Green, Bio-Lubricants, Eco-friendly Polyols, Green Polymer Additives, Home and Personal Wellness, and OleoBasics.
Key products: EDENOR, EMERSOL, and EMERY.
IOI Group
IOIC is an integrated company mainly involved in plantation and resource-based manufacturing. IOIPG is largely involved in property development and investment businesses. The company is one of the leading manufacturers of vegetable oil-sourced fatty acids. The company has two manufacturing facilities. IOI Oleochemicals mainly offers fatty acids, glycerin, soap noodles, and esters.
Key products: GLY.99.7% Min. USP, GLY.99.5% Min. USP, GLY.99.7% Min. BP, and GLY.99.5% Min. BP.
Kuala Lumpur Kepong Berhad
Kuala Lumpur Kepong Berhad engages in plantation, resource-based manufacturing, and property development. It has more than 270,000 hectares of plantation land. It mainly cultivates and processes oil palm and rubber products. It has divided its business into two segments: resource-based manufacturing and vertically integrated (upstream and downstream) businesses.
Key products: EDENOR Glycerine and PALMERA Glycerine.
Oleon
Oleon uses natural, renewable raw materials such as natural oils and fats to produce a wide range of oleochemicals products such as glycerin, fatty acids, esters, technical oils, dimers biodiesel, and specialty oleochemicals. Apart from these, the company also provides tailor-made products and services based on customer requirement.
Key products: Glycerine 4808/4808K, Glycerine 4809, Glycerine 4810/4810K, Glycerine 4811/4811K, Glycerine 4812/4812K, Glycerine 4813, Glycerine 4823, and Glycerine 4827/4827K.
Wilmar International
Wilmar International engages in business activities of oil palm cultivation, edible oils refining, oilseed crushing, consumer products manufacturing, sugar milling and refining, oleochemicals, specialty fats, fertilizers, biodiesel, flour, and rice milling. The company’s operations are located in approximately 20 countries across four continents, with a primary focus on Indonesia, Malaysia, China, India, and Europe.
Key products: WILFARIN USP-997, WILFARIN EP-997, and WILFARIN BP-997.
A more detailed analysis is available in the Technavio report, Global Glycerol Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
Browse related reports
- Global Liquid Applied Membrane Market for Construction Industry 2017-2021
- Global Biodegradable Packaging Materials Market 2017-2021
- Global Biotechnology Reagents Market 2017-2021
To read more press releases – click here
