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Global Glycidol Market to be Driven by Increasing Demand in Pharmaceuticals and Paint Applications in the Forecast Period of 2021-2026

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Global Glycidol Market to be Driven by Increasing Demand in Pharmaceuticals and Paint Applications in the Forecast Period of 2021-2026

August 16
10:34 2021
Global Glycidol Market to be Driven by Increasing Demand in Pharmaceuticals and Paint Applications in the Forecast Period of 2021-2026
Global Glycidol Market Report and Forecast 2021-2026
Global Glycidol Market Size, Share, Key Players, Demand, Growth, Analysis, Research Report 2021-2026 | EMR Inc.

The new report by Expert Market Research titled, ‘Global Glycidol Market Size, Share, Price, Trends, Growth, Industry, Outlook, Report and Forecast 2021-2026’, gives an in-depth analysis of the global glycidol market, assessing the market based on its segments like by type, device, application, Distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/glycidol-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 5.5%

Glycidol is used in a variety of industries, including plastics and paints. During the forecast period, the glycidol market is projected to be driven by growth in end-use industries. Glycidol, on the other hand, is a genotoxic and carcinogenic substance. This has the potential to damage DNA and, in the long run, cause cancer. The global glycidol demand is expected to be hampered by these factors in the coming years.

Industry Definition and Major Segments

Glycidol, also known as 2,3-epoxy-1-propanol, is a colorless, odorless liquid with a molecular mass of 74 g/mol. It’s a basic chemical compound made up of an epoxy group in the particle and a hydroxyl group in the place where the epoxy group should be. Glycidol is made in two ways in the commercial world. The first approach involves using hydrogen peroxide and a vanadium or tungsten catalyst to epoxidize allyl alcohol. A reaction of epichlorohydrin with caustic alkali is used in the second process.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/glycidol-market

By type, the market is divided into:

• Glycidol Below 95%
• Glycidol 96%
• Glycidol 97%
• Glycidol more than 97%

Based on application, the market can be segmented into:

• Production of Surface-Active Compounds
• Additives in Plastics
• Paints
• Photographic Chemicals
• Pharmaceuticals
• Biocides
• Others

Based on distribution channel, the market can be segmented into:

• Online
• Offline

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Trends

Public understanding of personal grooming and hygiene is growing, as is the prevalence of chronic health conditions, the exponential development of the plastic industry, and the demand for disinfectants and laundry detergents. The carcinogenic and toxicological nature of glycidol, as well as an increasing consumer demand for chemical-free cosmetics, are limiting market growth.

China’s growth in the paints and plastic industries has given the Asia-Pacific area the largest share. The region’s development is aided by the increasing use of the substance as an additive in the production of vinyl polymers. Since the substance has a negative impact on the climate and is carcinogenic, its success in Europe and North America is expected to be slowed.

Key Market Players

The major players in the market are LGC Group, HBCChem, Inc., Acros Organics, Fujifilm Wako Pure Chemical Corporation, Nacalai Tesque Inc., among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Content Source: https://expertmarketresearch-emr.blogspot.com/2021/06/glycidol-market.html

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