Top 35 Companies in Glycerol Esters Market (2025–2035): Competitive Analysis and Forecast
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Glycerol Esters Market Size is projected to Grow from USD 1.55 Billion in 2024 to USD 2.31 Billion by 2035, at a CAGR of 3.69% during the forecast period 2025–2035. The market for Glycerol Esters is growing demand due to the increasing demand for glycerol esters in personal care and cosmetic industries, along with an increasing demand for natural and bio-based products.
Introduction
The glycerol ester market size is a global trade and production industry of the gloserol ester, which are chemical compounds formed by the estimation of glycerol with fatty acids. Glycerol esters are used as lubricants for various applications, such as engine oil, cosmetics and plastic additives. It is designed by reacting to glycerol with various fatty acids to produce mono-, DI-, Tri-Easter. Glyceryl abet or aster gum, which is the glycerol ester of Wood Rosin (GEWR), is usually used to keep oil in water suspension in water. Glycerol esters have a widespread application due to their ability to enhance taste, texture and shelf life. In addition, the growing requirement of non-patrolium product options for cosmetics contributes to the glycerol ester market. With increasing technological progression, new products are increasing the opportunities for glycerol esters market development. In addition, glycerol aster is an emerging trend in the market used in a variety of applications used as green alternatives for existing emulsifiers.
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Glycerol Esters Market Size & Statistics
- The Market Size for Glycerol Esters Was estimated to be worth USD 1.55 Billion in 2024.
- The Market size is going to Expand at a CAGR of 3.69% between 2025 and 2035.
- The Global Glycerol Esters Market Size is anticipated to reach USD 2.31 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Glycerol Esters Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Glycerol Esters Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the Glycerol Esters market.
Increasing demand for glycerol esters, especially in food and individual care industry, is increasing market demand. In addition, its use in construction, transport and pharmaceutical industries further enhances the market.
North America is expected to generate the highest demand during the forecast period in the Glycerol Esters market.
The broad application of glycerol esters in cosmetic yogas and individual care products is increasing market growth. In addition, the use of glycerol esters as a thicker in the production of low -fat spreads spreads like frozen desserts and peanut butter, inspiring the market.
Top 10 Trends in the Glycerol Esters Market
- Focus on Bio-based and Sustainable Products
- Increased Use in Food & Beverages
- Growing Demand in Personal Care & Cosmetics
- Emerging Applications
- Technological Advancements
- Glycerol Availability from Biodiesel Production
- Demand for High-Performance Products
- Growth in Lubricant Applications
- Regulatory Support for Biodegradable Additives
- Dominance of Asia-Pacific Market
1. Focus on Bio-based and Sustainable Products
A major trend is the rising consumer and regulatory demand for products made from renewable, bio-based resources, which aligns with green chemistry initiatives.
2. Increased Use in Food & Beverages
There's a surge in demand for glycerol esters as food-grade emulsifiers and stabilizers, particularly in confectionery and beverages, to improve texture, shelf life, and emulsification properties.
3. Growing Demand in Personal Care & Cosmetics
The trend towards "clean-label" and natural formulations is driving the adoption of fatty acid esters and other glycerol derivatives in cosmetics and personal care products.
4. Emerging Applications
Niche applications are expanding, with glycerol esters finding use in specialized sectors like 3D printing, pharmaceutical excipients, and flame retardants for fire-safe materials.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Glycerol Esters market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Glycerol Esters Market
- BASF SE
- Croda International Plc
- Oleon NV
- Stepan Company
- Evonik Industries AG
- Godrej Industries
- Wilmar International
- Cargill
- Lonza Group AG
- A&A Fratelli Parodi Spa
- Others
1. BASF SE
Headquarters: Germany
BASF SE is a key player and established market vendor in the glycerol esters market, leveraging its global presence, integrated operations, and focus on research and development to gain a competitive edge. The company offers specialized products and value-added solutions, including bio-based ingredients and catalysts, serving diverse sectors like personal care, food, and industrial applications. BASF is also involved in strategic initiatives, such as opening application and development centers and partnering on research for advanced bio-based chemical production.
2. Croda International Plc
Headquarters: U.K.
Croda International Plc is a significant participant in the glycerol esters market, particularly within the consumer care and life sciences sectors, offering various specialty chemical solutions used as emulsifiers and ingredients in personal care and industrial applications. As a major player, Croda focuses on strategic initiatives, product development, and sustainable, bio-based solutions to increase its market share and meet growing demand for these derivatives, as evidenced by its investment in a new facility in Singapore to meet demand for esters.
3. Oleon NV
Headquarters: Belgium
Oleon NV is a significant player in the global glycerol esters market, which is part of the broader oleochemicals market. As an Avril company and a leader in transforming vegetable oils and fats, Oleon produces various specialty chemicals, including esters, which are used in numerous applications such as food, cosmetics, and industrial products. The company benefits from upstream integration within the Avril group and focuses on innovation and sustainability, positioning itself as a major competitor alongside other industry giants in the growing demand for bio-based chemicals.
4. Stepan Company
Headquarters: US
Stepan Company is a key player in the broader chemical market, and a manufacturer of various esters, including high-purity esters used in the pharmaceutical, medical nutrition, and dietary supplement industries. While the company does not focus solely on glycerol esters, its acquisition of Ecogreen Oleochemicals' fatty acid ester business in 2023 indicates a growing presence and investment in the glycerol ester and oleochemicals market, expanding its offerings.
Are you ready to discover more about the Glycerol Esters market?
The report provides an in-depth analysis of the leading companies operating in the global Glycerol Esters market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- BASF SE
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Croda International Plc
- Oleon NV
- Stepan Company
- Evonik Industries AG
- Godrej Industries
- Wilmar International
- Cargill
- Lonza Group AG
- A&A Fratelli Parodi Spa
- Others
Conclusion
Based on the data provided, the glycerol ester market is consistently experienced by their versatility and comprehensive applications in various industries. An important tendency is the increasing demand for bio-de-activities and durable products, which replaces glycerol esters as a viable green alternative to traditional additives. The market is motivated by food and drinks, individual care and increase in demand for areas of cosmetics, where these compounds are used to increase product quality and meet consumer preferences for natural yogas. While North America is a major consumer, with the high demand for cosmetics and specific food products, the Asia-Pacific region is ready for fastest development, supported by its expanded food and personal care industries. Market biodiesel production and technological progress are also benefiting from increased availability of glycerol that enables new applications and high performance products, driving innovation and development in the market with key companies in the market.
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