NEWARK, N.J., March 11, 2022 /PRNewswire/ As per the report published by The Brainy Insights, the global glycerin market is expected to grow from USD 2.60 billion in 2020 to USD 7.21 billion
/PRNewswire/ As per the report published by The Brainy Insights, the global glycerin market is expected to grow from USD 2.60 billion in 2020 to USD 7.21.
/PRNewswire/ As per the report published by The Brainy Insights, the global glycerin market is expected to grow from USD 2.60 billion in 2020 to USD 7.21.
Growing traction towards personal care products and pharmaceutical formulations will potentially bolster Asia Pacific glycerol market share. Demand for glycerol will be more pronounced in the preparation of shampoos, face washes, body lotions, cleansers and ointments. Its penetration in medical treatments, including anti-aging, acne, blackhead removal will further boost the revenue stream of the landscape.
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Healthcare providers are gearing to render services of glycerol intravenously by IV to lessen the brain pressure in conditions, such as encephalitis, central nervous system trauma, stroke and meningitis. Not to mention, demand for the preparation of cough remedies, antibiotics, antiseptics, lozenges, anesthetics and ear infection remedies has become noticeable in the past several years. Asia Pacific glycerol market from the pharmaceutical segment is likely to expand at a healthy CAGR of over 11.5% from 2020 to 2026.