Global Glycidol Market by Types (Glycidol 96%, Glycidol 97%, Glycidol 98% and Other), Applications (Epoxy Resin Thinner, Modifier, Stabilizer, and Others), and Regions (North America, Europe, Latin America, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Glycidol Market Outlook
The global glycidol market was valued at USD 8,190.2 Million in 2019 and is projected to reach USD 13,205.5 Million by 2027, expanding at a CAGR of 7.8% during the forecast period. Glycidol is an organic compound which contains alcohol and epoxide functional groups. Glycidol has a variety of industrial uses because it is bifunctional. The compound is a slightly viscous liquid that is slightly unstable and is not often encountered in pure form.
Glycidol Market Dynamics
Rapid industrialization and urbanization are boosting the need for additives used in the paint industry. Moreover, the growth of the middle-class population in emerging economies is fueling the global paint industry. This fuels the global glycidol market, as the paint industry requires glycidol, as an additive.
Key players focus on launching cost effective paint products using glycidol as an active ingredient, thus boosting market growth. Moreover, mergers & acquisitions and other expansion activities by companies are driving the market in various regions.
The growth of the construction industry in developing countries is fueling the demand for plastics, which in turn, is driving the glycidol market growth. Moreover, the expansion of the market can be attributed to the rise in foreign investment (FDI) requirements and norms for better industrial and public infrastructure, is boosting the need for additives such as glycidol. However, strict government regulations on the use of glycidol, due to its environmental effect are hampering the growth of the market in some countries across the globe.
Glycidol Market Segmental Outlook
Based on types, the Global Glycidol Market can be segmented into glycidol 96%, glycidol 97%, glycidol 98% and other. The glycidol 96% segment is anticipated to expand at a CAGR of 6.5% during the forecast period due to increasing industrial applications. Moreover, this segment held a significant share of the market in 2019, as it is a highly preferred compound used for paint preparation.
Glycidol Market Segment Insights
By Types
Gylcidol 96%
Glycidol 96% has been used in the synthesis of hyperbranched polyglycerol (HPG) via ring opening reaction. These HPGs are being considered as alternatives to PEGs for developing antifouling surfaces due to their thermal and oxidative stability. It can also be used in the synthesis of ethoxy ethyl glycidol ether. Glycidol 96% may also be used in the preparation of chelating polymers for borate removal.
Glycidol 97%
Glycidol 97% is used as stabilizer in manufacturing of vinyl polymers, intermediate in synthesis of amines, glycerol, and glycidol ethers. Also, Glycidol 97% is employed in the synthesis of chiral (E)-allylic alcohol sidechains for introduction into prostacyclin and prostaglandin frameworks by cross-metathesis.
Glycidol 98%
Glycidol 98% is used as an intermediate for preparing of fluoromisonidazole. It can also be used as a starting material in the synthesis of glycerophosphocholines
Others
Glycidol’s purity range also includes purity range less than 96% and more than 98. These are sensitive to moisture and sensitive to light. They can be polymerized by heating above room temperature. These may darken on storage. Glycidols if stored for two weeks protected from light indicated definite decomposition at 140° F, and strongly indicated instability at 77° F. They are incompatible with strong oxidizers and nitrates. These will attack some forms of plastics, rubber and coatings.
By Applications
Based on applications, the market can be divided into epoxy resin thinner, modifier, stabilizer, and others. The epoxy resin thinner segment is expected to hold the significant share of the global market as it is having high degree of chemical resistance, toughness, rigidity and has outstanding adhesion over a variety of substrates, which makes it useful in coatings and adhesives.
Glycidol Market Regional Outlook
In terms of regions, the global Glycidol market has been fragmented into Europe, North America, Latin America, Asia Pacific and Middle East & Africa. North America is a promising region for the market. The region constituted significant share of the market in 2019. Significant market share of North America is attributed to the presence of advanced technologies in the chemical industry.
New energy infrastructure and radical changes in chemical industry, towards renewable energy sources, creates opportunities for industrial growth in Europe. The market in Asia Pacific region is expected to grow at a significant rate during the forecast period. Rationalization of capacity will gain traction in this market. Glycidol has its wide application in pre-engineered buildings for material, and structures frameworks. Rising demand for consumer durables and capital goods is supporting market growth in Latin America.
Key Benefits for Industry Participants & Stakeholders
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the global glycidol market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the global glycidol market
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glycidol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Glycidol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glycidol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Glycidol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Glycidol Market Size & Forecast, 2017-2027
4.5.1 Glycidol Market Size and Y-o-Y Growth
4.5.2 Glycidol Market Absolute $ Opportunity
Chapter 5 Global Glycidol Market Analysis and Forecast By Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Types
5.1.2 Basis Point Share (BPS) Analysis By Types
5.1.3 Absolute $ Opportunity Assessment By Types
5.2 Glycidol Market Size Forecast By Types
5.2.1 Glycidol 96%
5.2.2 Glycidol 97%
5.2.3 Glycidol 98%
5.2.4 Other
5.3 Market Attractiveness Analysis By Types
Chapter 6 Global Glycidol Market Analysis and Forecast By Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Applications
6.1.2 Basis Point Share (BPS) Analysis By Applications
6.1.3 Absolute $ Opportunity Assessment By Applications
6.2 Glycidol Market Size Forecast By Applications
6.2.1 Epoxy Resin Thinner
6.2.2 Modifier
6.2.3 Stabilizer
6.2.4 Other
6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global Glycidol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glycidol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Glycidol Analysis and Forecast
9.1 Introduction
9.2 North America Glycidol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Glycidol Market Size Forecast By Types
9.6.1 Glycidol 96%
9.6.2 Glycidol 97%
9.6.3 Glycidol 98%
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis By Types
9.8 Absolute $ Opportunity Assessment By Types
9.9 Market Attractiveness Analysis By Types
9.10 North America Glycidol Market Size Forecast By Applications
9.10.1 Epoxy Resin Thinner
9.10.2 Modifier
9.10.3 Stabilizer
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis By Applications
9.12 Absolute $ Opportunity Assessment By Applications
9.13 Market Attractiveness Analysis By Applications
Chapter 10 Europe Glycidol Analysis and Forecast
10.1 Introduction
10.2 Europe Glycidol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 U.K.
10.2.4 Italy
10.2.5 Russia
10.2.6 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Glycidol Market Size Forecast By Types
10.6.1 Glycidol 96%
10.6.2 Glycidol 97%
10.6.3 Glycidol 98%
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis By Types
10.8 Absolute $ Opportunity Assessment By Types
10.9 Market Attractiveness Analysis By Types
10.10 Europe Glycidol Market Size Forecast By Applications
10.10.1 Epoxy Resin Thinner
10.10.2 Modifier
10.10.3 Stabilizer
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis By Applications
10.12 Absolute $ Opportunity Assessment By Applications
10.13 Market Attractiveness Analysis By Applications
Chapter 11 Asia Pacific Glycidol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glycidol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 India
11.2.4 Australia
11.2.5 Indonesia
11.2.6 Thailand
11.2.7 Malaysia
11.2.8 Phillippines
11.2.9 Vietnam
11.2.10 South Korea
11.2.11 Rest of APAC
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Glycidol Market Size Forecast By Types
11.6.1 Glycidol 96%
11.6.2 Glycidol 97%
11.6.3 Glycidol 98%
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis By Types
11.8 Absolute $ Opportunity Assessment By Types
11.9 Market Attractiveness Analysis By Types
11.10 Asia Pacific Glycidol Market Size Forecast By Applications
11.10.1 Epoxy Resin Thinner
11.10.2 Modifier
11.10.3 Stabilizer
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis By Applications
11.12 Absolute $ Opportunity Assessment By Applications
11.13 Market Attractiveness Analysis By Applications
Chapter 12 Latin America Glycidol Analysis and Forecast
12.1 Introduction
12.2 Latin America Glycidol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Glycidol Market Size Forecast By Types
12.6.1 Glycidol 96%
12.6.2 Glycidol 97%
12.6.3 Glycidol 98%
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis By Types
12.8 Absolute $ Opportunity Assessment By Types
12.9 Market Attractiveness Analysis By Types
12.10 Latin America Glycidol Market Size Forecast By Applications
12.10.1 Epoxy Resin Thinner
12.10.2 Modifier
12.10.3 Stabilizer
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis By Applications
12.12 Absolute $ Opportunity Assessment By Applications
12.13 Market Attractiveness Analysis By Applications
Chapter 13 Middle East & Africa (MEA) Glycidol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glycidol Market Size Forecast by Country
13.2.1 GCC
13.2.2 Egypt
13.2.3 Turkey
13.2.4 South Africa
13.2.5 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Glycidol Market Size Forecast By Types
13.6.1 Glycidol 96%
13.6.2 Glycidol 97%
13.6.3 Glycidol 98%
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis By Types
13.8 Absolute $ Opportunity Assessment By Types
13.9 Market Attractiveness Analysis By Types
13.10 Middle East & Africa (MEA) Glycidol Market Size Forecast By Applications
13.10.1 Epoxy Resin Thinner
13.10.2 Modifier
13.10.3 Stabilizer
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis By Applications
13.12 Absolute $ Opportunity Assessment By Applications
13.13 Market Attractiveness Analysis By Applications
Chapter 14 Competition Landscape
14.1 Glycidol Market: Competitive Dashboard
14.2 Global Glycidol Market: Market Share Analysis, 2020
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HBCChem
14.3.2 Acros Organics
14.3.3 Meryer (Shanghai)Chemical Technology
14.3.4 Wako
14.3.5 NacalaiTesque
14.3.6 KANTO CHEMICAL
14.3.7 LGC Group
14.3.8 Atomaxchem
14.3.9 Others