Global Technical Grade Glycerin Market Size, Share, and COVID-19 Impact Analysis, By Purity (Between 95% to 99%, and Above 99%), By Application (Paints & Coatings, Industrial Chemicals, Adhesives, Detergents, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Technical Grade Glycerin Market Insights Forecasts to 2035

• The Global Technical Grade Glycerin Market Size Was Estimated at USD 1.47 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.75% from 2025 to 2035
• The Worldwide Technical Grade Glycerin Market Size is Expected to Reach USD 2.45 Billion by 2035
• North America is expected to grow the fastest during the forecast period.

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According to a research report published by Spherical Insights and Consulting, The Global Technical Grade Glycerin Market Size was worth around USD 1.47 Billion in 2024 and is predicted to grow to around USD 2.45 Billion by 2035 with a compound annual growth rate (CAGR) of 4.75% from 2025 to 2035. The technical grade glycerin market presents opportunities in expanding pharmaceutical, cosmetic, and chemical industries, driven by rising demand for biodegradable products, increasing adoption in personal care formulations, and growth in industrial applications, fostering innovation and sustainable production strategies globally.   

 

Global Technical Grade Glycerin Market Forecast and Revenue Outlook

• 2024 Market Size: USD 1.47 Billion
• 2035 Projected Market Size: USD 2.45 Billion
• CAGR (2025-2035): 4.75%
• North America: Largest market in 2024
• Asia Pacific: Fastest growing market

 

Market Overview

The manufacture, distribution, and marketing of industrial-grade glycerol, a flexible, colorless, odorless, and viscous liquid that is mostly obtained from the hydrolysis of fats and oils and as a byproduct of the creation of biodiesel, are all included in the technical grade glycerin market. Government programs, like Brazil's and India's mandates for biofuel blending, have increased glycerin production, supporting supply chains and net-zero emission targets. For instance, in June 2021, BASF launched enhanced quality standards at its Düsseldorf-Holthausen site, achieving GMP+ and ISO 22000 certifications for crude glycerin production, reinforcing food and feed safety, traceability, and comprehensive quality assurance across its operations. The technical grade glycerin is becoming more popular as a renewable, biodegradable substitute for petroleum-based chemicals due to the industrial drive toward sustainable and environmentally favorable inputs.  Paints and coatings, chemicals, and the textile sector are just a few of the applications driving the substantial development potential in the global technical grade glycerin market.  The market for technical grade glycerin is expanding due to rising demand from the building, packaging, automotive, and cleaning industries.  

 

Key Market Insights

• Asia Pacific is expected to account for the largest share in the technical grade glycerin market during the forecast period.
• In terms of purity, the between 95% to 99% segment is projected to lead the technical grade glycerin market throughout the forecast period
• In terms of application, the paints & coatings segment captured the largest portion of the market

 

Technical Grade Glycerin Market Trends

• Application Expansion: Adoption is quickening in industries like construction, especially in Asia-Pacific, where urbanization increases demand for glycerin-containing wood preservatives and cement additives.
• Sustainability Focus: Biobased glycerine substitutes are becoming more popular, providing sustainable choices for a range of industrial uses.
• Price Volatility: Manufacturers face difficulties when glycerin prices fluctuate because to changes in the cost of raw materials, particularly vegetable oils.
• Utilization of Biodiesel Byproducts: For every ton of biodiesel produced, about 10% of the glycerin output is a co-product that supports the supply chain.      

 

Report Coverage

This research report categorizes the technical grade glycerin market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the technical grade glycerin market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the technical grade glycerin market.    

 

Driving factors

Glycerin's humectant, solvent, and lubricant qualities drive market expansion in the construction, personal care, cosmetics, and pharmaceutical industries. The Grade of Technology The market for glycerin is mostly driven by its wide range of industrial uses and the rising demand from various industries.  Due to its practical advantages in enhancing product texture, stability, and performance, the paints and coatings sector is a significant contributor to the worldwide glycerin market. Glycerin functions as a hydrating agent, holding onto moisture and keeping coatings from cracking while they cure. The expansion of the biodiesel sector also makes a substantial contribution since glycerin is produced as a byproduct and offers an affordable supply source for industrial uses.

 

Restraining Factor

The market for technical grade glycerin is restricted by a number of factors, including raw material price volatility, strict environmental regulations, high production costs, a lack of high-purity applications, and competition from alternative chemicals. These variables all work together to restrict the market's rapid growth and industrial adoption on a global scale.

 

Market Segmentation    

The global technical grade glycerin market is divided into purity and application.

 

Global Technical Grade Glycerin Market, By Purity:  

• The between 95% to 99% segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.      

Based on purity, the global technical grade glycerin market is segmented into between 95% to 99%, and above 99%. Among these, the between 95% to 99% segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. It is extensively used in industrial applications; glycerin with a purity level of 95% to 99% has the most market share among technical-grade glycerins. For paints, coatings, adhesives, and detergents, where minute levels of contaminants do not affect functionality, this grade is appropriate.     

 

The above 99% segment in the technical grade glycerin market is expected to grow at the fastest CAGR over the forecast period. Technical-grade glycerin with a purity of more than 99% is the best in the technical category, providing near-pharmaceutical cleanliness for certain industrial uses. This grade is used in goods such as high-performance coatings, premium adhesives, and specialty chemical compositions, where low levels of impurities are crucial for maintaining chemical stability.   

 

Global Technical Grade Glycerin Market, By Application:

• The paints & coatings segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.     

Based on application, the global technical grade glycerin market is segmented into paints & coatings, industrial chemicals, adhesives, detergents, and others. Among these, the paints & coatings segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The solvent qualities, capacity to retain moisture, and capacity to improve viscosity stability are what drive the paints and coatings market. It keeps a consistent texture throughout application and drying, improves paint flow, and lessens cracking. This grade of glycerin improves coating adherence and durability and is frequently used to water-based and environmentally friendly formulations.   

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The chemical industry segment in the technical grade glycerin market is expected to grow at the fastest CAGR over the forecast period. The product's chemical stability, biodegradability, and compatibility with a wide range of substances make it a useful feedstock and functional additive in the industrial chemicals market. It is utilized in the manufacturing of lubricants, resins, plasticizers, and antifreeze agents.

 

Regional Segment Analysis of the Global Technical Grade Glycerin Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific Technical Grade Glycerin Market Trends

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Asia Pacific is expected to hold the largest share of the global technical grade glycerin market over the forecast period.  

Asia Pacific is driven by growing consumption in a variety of end-use sectors, robust manufacturing capabilities, and quick industrialization.  Important markets include South Korea, Japan, and India, where the use of paints, coatings, adhesives, and detergents is expanding. The demand for building supplies, packaging adhesives, and domestic cleaning products is increasing due to urbanization, infrastructure development, and rising middle-class earnings. Governments have launched initiatives boosting glycerin production: India’s Biofuel Scheme-2025 incentivizes 20% biodiesel blending, Indonesia advances B40 to B50 mandates, and China’s renewable energy policies enhance scalability, collectively strengthening global technical-grade glycerin supply chains. 

 

China Technical Grade Glycerin Market Trends

China is driven by rising industrial demand in the building, chemical, pharmaceutical, and personal care industries. Glycerin is used in polyols, resins, lubricants, and adhesives to support a variety of industrial applications. It is mostly produced as a by-product of the production of biodiesel. Government initiatives that support sustainable chemicals and renewable energy further increase manufacturing capacity and market scalability. Consumption is increasing due to rapid urbanization, industrialization, and the growing pharmaceutical and cosmetics industries.  

 

Japan Technical Grade Glycerin Market Trends  

The pharmaceutical, cosmetic, and chemical sectors are the main drivers of the Japan Technical Grade Glycerin market. In industrial applications such as resins, adhesives, and polymers, glycerin is widely utilized as a humectant, solvent, and lubricant. The country's focus on strict regulatory compliance and high-quality production standards guarantees a steady supply for both domestic and international markets. Furthermore, the use of glycerin in eco-friendly formulations is encouraged by Japan's investments in renewable and sustainable chemical technology. 

 

North America Technical Grade Glycerin Market Trends

North America is expected to grow at the fastest CAGR in the Technical Grade Glycerin market during the forecast period.      

The region's expansion in the market is driven by established industrial manufacturing, a developed chemical sector, and a robust demand for environmentally friendly raw materials. The use of glycerin as a sustainable substitute for petrochemical compounds has expanded due to environmental restrictions that support bio-based chemicals. The growth of the technical-grade glycerin market is further supported by the expansion of the construction and automotive coatings industries. Government is accelerating glycerin production. Canada’s 2025 federal Biofuels Incentive Program subsidizes domestic biofuel output, enhancing energy security, reducing emissions, and strengthening glycerin supply chains across industrial applications.   

 

U.S Technical Grade Glycerin Market Trends  

Growing demand in the chemical, cosmetics, personal care, and pharmaceutical industries propels the U.S. Glycerin is used in resins, adhesives, lubricants, and polymers to support a variety of industrial applications. It is mostly produced as a byproduct of the production of biodiesel. Government programs that support sustainable chemicals and renewable energy, along with incentives for the development of biofuel, improve domestic supply chains for glycerin. The market is also growing as a result of improvements in production techniques and the increasing availability of glycerin in biodegradable and eco-friendly formulations.

 

Canada Technical Grade Glycerin Market Trends

Growing industrial demand in the chemical, pharmaceutical, personal care, and construction industries is what is driving Canada. Glycerin is utilized extensively in resins, adhesives, lubricants, and polymer applications. It is primarily obtained as a byproduct of the production of biodiesel. Initiatives from the government, including the federal Biofuels Incentive Program, which launched in 2025, encourage domestic biofuel production, improving glycerin supply chains and encouraging emission reduction and renewable energy.  

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global technical grade glycerin market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

Worldwide Top Key Players In The Technical Grade Glycerin Market Include

• VVF
• BASF
• Argent Energy  
• Ritesh International
• Cargill, Incorporated.
• Emery Oleochemicals LLC
• Münzer Bioindustrie GmbH
• Vincitore Chemicals Pvt. Ltd.
• Twin Rivers Technologies, Inc.
• Vantage Specialty Chemicals, Inc.
• Others   

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent development

• In October 2024, Argent Energy has launched Europe’s largest bio-based technical-grade glycerine facility at the Port of Amsterdam. The advanced refinery will produce 50,000 tons of 99.7% pure glycerine annually, offering chemical manufacturers a sustainable, bio-based alternative with significant environmental advantages over conventional glycerine products.
• In December 2022, Argent Energy has launched construction of a cutting-edge glycerin refinery at the Port of Amsterdam, utilizing Andreotti Impianti technology to produce 50,000 tons annually of 99.7% pure technical-grade glycerin, marking its entry into the chemical market.   
• In November 2022, Cargill launched its expansion strategy by acquiring Owensboro Grain Company, a fifth-generation soybean processing and refining facility in Kentucky, integrating biodiesel, glycerin, and other agricultural products into its North American supply chain to strengthen production and sustainability capabilities.  

 

Market Segment  

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the technical grade glycerin market based on the following segments:

 

Global Technical Grade Glycerin Market, By Purity

• Between 95% to 99%
• Above 99%

 

Global Technical Grade Glycerin Market, By Application

• Paints & Coatings
• Industrial Chemicals
• Adhesives
• Detergents
• Others

 

Global Technical Grade Glycerin Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa