Glycidol Market
By Grade;
Glycidol Below 95%, Glycidol 96%, Glycidol 97%,and Glycidol Above 97%By Distribution Channel;
Online and OfflineBy Application;
Production of Surface Active Compounds - [Cosmetic Preparations, Laundry Detergents, and Others], Additives in plastics, Paints, Photographic Chemicals, Pharmaceuticals, Biocides and OthersBy End-Use;
Pharmaceutical, Paints & Coatings, Building & Construction, Automotive, Packaging, Cosmetics & Personal Care, Textile and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Glycidol Market Overview
Glycidol Market (USD Million)
Glycidol Market was valued at USD 2,290.69 million in the year 2024. The size of this market is expected to increase to USD 3,354.39 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.
Glycidol Market
*Market size in USD million
CAGR 5.6 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 5.6 % |
Market Size (2024) | USD 2,290.69 Million |
Market Size (2031) | USD 3,354.39 Million |
Market Concentration | Medium |
Report Pages | 386 |
Major Players
- BASF SE
- The Dow Chemical Company
- Huntsman Corporation
- SABIC (Saudi Basic Industries Corporation)
- LG Chem
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- Solvay S.A.
- Sumitomo Chemical Co., Ltd.
- Nouryon
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Glycidol Market
Fragmented - Highly competitive market without dominant players
The Glycidol Market is witnessing steady growth, fueled by its critical role in chemical synthesis and advanced material development. Nearly 30% of demand originates from pharmaceuticals, polymers, and surfactants, where its high reactivity and solubility make it a valuable intermediate. Its versatility across industrial and consumer applications highlights its expanding market presence.
Pharmaceutical and Healthcare Applications
In the healthcare sector, glycidol accounts for around 25% of consumption, primarily in drug formulations and biomedical research. Acting as a precursor to active pharmaceutical ingredients, it supports the production of effective and innovative medicines. Rising global demand for advanced therapies continues to drive its adoption.
Polymer and Resin Development
Approximately 28% of the market is driven by its use in polymer resins, adhesives, and coatings. With excellent chemical stability and strong binding properties, glycidol enhances product performance in industrial manufacturing. Increasing demand for high-performance materials across multiple industries strengthens its relevance.
Cosmetics and Surfactants Integration
The cosmetics and personal care segment represents about 15% of demand, where glycidol is essential for producing non-ionic surfactants. These surfactants improve cleansing, emulsification, and foaming in skincare and haircare products. Growing consumer preference for innovative personal care solutions continues to boost its significance.
Glycidol Market Recent Developments
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In 2021, the pharmaceutical intermediate application of glycidol held a significant share in the global market, driven by its growing demand from the pharmaceutical sector worldwide. Novartis' Sandoz, for instance, announced an investment of approximately EUR 150 million (US$ 183.32 million) in May 2021 to develop new antibiotics manufacturing facilities in Austria and Spain over the next three to five years. This investment highlights the increasing emphasis on enhancing pharmaceutical production capabilities.
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The pharmaceutical industry was the largest segment in the global glycidol market in 2021, largely due to the rising production of medical drugs and the expansion of healthcare facilities globally. According to the Institute for Healthcare Informatics, the global volume of medicines reached about 4.5 trillion doses in 2020, with an estimated cost of around US$ 1.4 trillion.
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In terms of regional performance, Asia-Pacific led the global glycidol market in 2021, driven by growing demand from the pharmaceutical sector in the region. For example, under the Union Budget 2021-22, India's Ministry of Health and Family Welfare was allocated INR 73,932 crore (US$ 10.35 billion), and the Department of Health Research received INR 2,663 crore (US$ 365.68 million). Additionally, INR 37,130 crore (US$ 5.10 billion) was designated for the 'National Health Mission' to enhance the country’s healthcare and pharmaceutical sectors.
Glycidol Market Segment Analysis
In this report, the Glycidol Market has been segmented by Grade, Distribution Channel, Application and Geography.
Glycidol Market, Segmentation by Grade
The Glycidol Market has been segmented by Grade into Glycidol below 95%, Glycidol 96%, Glycidol 97% and Glycidol above 97%.
Glycidol Below 95%The below 95% grade of glycidol is widely utilized in industrial applications where high purity is not essential. It is commonly adopted in adhesives, coatings, and as a chemical intermediate, contributing to around 20% of overall consumption. Its affordability makes it attractive for large-scale production processes
Glycidol 96%The 96% glycidol grade is valued for its balance of purity and cost, making it a preferred choice in pharmaceuticals, specialty polymers, and epoxy resins. With nearly 25% market share, this grade continues to expand in industries that demand reliable yet cost-efficient solutions
Glycidol 97%The 97% grade of glycidol is increasingly in demand across high-value applications such as fine chemicals and advanced coatings. Contributing close to 30% of the market, this grade ensures product stability, performance, and quality consistency, positioning it as a strong choice for precision-driven industries
Glycidol Above 97%The above 97% glycidol grade represents the premium segment of the market, catering to pharmaceuticals, biomedical research, and electronic applications. Accounting for nearly 25%, this segment is driven by industries requiring superior purity and high performance, despite its comparatively higher cost
Glycidol Market, Segmentation by Distribution Channel
The Glycidol Market has been segmented by Distribution Channel into Online and Offline.
OnlineThe online distribution channel for glycidol has seen strong growth with the expansion of e-commerce and digital B2B platforms. It accounts for nearly 40% of overall sales, driven by benefits such as transparent pricing, ease of comparison, and convenient access to a wider product portfolio. The rising shift toward digital procurement is expected to further boost this segment
OfflineThe offline distribution channel continues to dominate with about 60% of the market share. This channel is widely used by industrial buyers who prefer direct dealings with suppliers and distributors. Factors such as bulk purchasing, strong supplier relationships, and guaranteed product authenticity make offline distribution a reliable choice for large-scale applications
Glycidol Market, Segmentation by Application
The Glycidol Market has been segmented by Application into Production of Surface Active Compounds, Additives in plastics, Paints, Photographic Chemicals, Pharmaceuticals, Biocides and Others.
Production of Surface Active CompoundsThe production of surface active compounds is the largest application of glycidol, capturing around 30% of the market. It is a critical raw material in surfactants used across detergents, emulsifiers, and cleaning agents, fueling its strong demand in industrial and household cleaning solutions
Additives in PlasticsThe use of glycidol as an additive in plastics accounts for approximately 18% of the market. It enhances flexibility, durability, and resistance, making it vital for automotive components, packaging materials, and high-performance polymers
PaintsIn the paints segment, glycidol represents nearly 12% of market share. Its properties improve adhesion and coating durability, making it integral to the construction and automotive industries. Growth in infrastructure projects continues to support demand
Photographic ChemicalsThe photographic chemicals application contributes about 8%, where glycidol ensures high-quality imaging. Although demand is declining due to the digital transition, it retains importance in specialized imaging and printing applications
PharmaceuticalsThe pharmaceutical industry uses glycidol in drug synthesis and intermediates, contributing roughly 15% to the market. Growing investments in biopharmaceutical R&D and therapeutic innovations are driving this segment’s expansion
BiocidesThe biocides application holds close to 10% of the market, where glycidol is valued for its antimicrobial and preservative properties. Rising awareness of hygiene and crop protection is fueling its usage in healthcare and agriculture
OthersThe others category represents nearly 7%, covering specialty chemicals, research, and customized applications. While relatively smaller, it remains a segment with untapped growth opportunities for innovation
Glycidol Market, Segmentation by Geography
In this report, the Glycidol Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Glycidol Market Share (%), by Geographical Region
Production of Surface Active CompoundsThe production of surface active compounds is the largest application of glycidol, capturing around 30% of the market. It is a critical raw material in surfactants used across detergents, emulsifiers, and cleaning agents, fueling its strong demand in industrial and household cleaning solutions
Additives in PlasticsThe use of glycidol as an additive in plastics accounts for approximately 18% of the market. It enhances flexibility, durability, and resistance, making it vital for automotive components, packaging materials, and high-performance polymers
PaintsIn the paints segment, glycidol represents nearly 12% of market share. Its properties improve adhesion and coating durability, making it integral to the construction and automotive industries. Growth in infrastructure projects continues to support demand
Photographic ChemicalsThe photographic chemicals application contributes about 8%, where glycidol ensures high-quality imaging. Although demand is declining due to the digital transition, it retains importance in specialized imaging and printing applications
PharmaceuticalsThe pharmaceutical industry uses glycidol in drug synthesis and intermediates, contributing roughly 15% to the market. Growing investments in biopharmaceutical R&D and therapeutic innovations are driving this segment’s expansion
BiocidesThe biocides application holds close to 10% of the market, where glycidol is valued for its antimicrobial and preservative properties. Rising awareness of hygiene and crop protection is fueling its usage in healthcare and agriculture
OthersThe others category represents nearly 7%, covering specialty chemicals, research, and customized applications. While relatively smaller, it remains a segment with untapped growth opportunities for innovation
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Glycidol Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Rising demand in cosmetics
- Growth in pharmaceuticals industry
- Increased industrial applications
- Technological advancements in production
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Expanding end-user industries: The global glycidol market is witnessing significant expansion due to its versatile applications across various end-user industries. Glycidol, a key intermediate in the chemical industry, is used in the production of epoxy resins, which are crucial in coatings, adhesives, and composites. This demand is driven by the growing construction and automotive sectors, where epoxy resins are valued for their durability and resistance. Additionally, glycidol's role in producing surfactants and as a reagent in pharmaceutical manufacturing further broadens its market reach.
The increasing focus on advanced materials and green chemistry is also contributing to market growth. In the healthcare sector, glycidol-based compounds are used in drug delivery systems and medical devices, addressing the rising demand for innovative medical solutions. Moreover, the trend towards sustainable and environmentally friendly products is spurring interest in glycidol’s use in green chemistry applications. As industries continue to evolve, the global glycidol market is poised for steady growth, driven by diverse applications and technological advancements.
Restraints
- High production costs
- Regulatory compliance challenges
- Limited raw material availability
- Environmental impact concerns
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Market competition: The global glycidol market is characterized by significant competition among key players who are vying for dominance in this niche segment. Major companies in the market are focusing on expanding their production capacities, enhancing their product portfolios, and forming strategic partnerships to gain a competitive edge. Innovations in production techniques and the development of advanced glycidol derivatives are driving competition, as companies aim to meet the diverse needs of end-users in industries such as pharmaceuticals, cosmetics, and chemicals.
In addition to established players, new entrants are also capitalizing on the growing demand for glycidol in various applications. The competitive landscape is further influenced by regional dynamics, with companies tailoring their strategies to leverage opportunities in emerging markets. Factors such as regulatory compliance, cost efficiency, and technological advancements play a crucial role in shaping the competitive environment of the global glycidol market.
Opportunities
- Emerging markets expansion
- Innovation in product applications
- Strategic partnerships and alliances
- Increased focus on sustainability
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Growth in specialty chemicals: The global glycidol market is experiencing notable growth, driven by its applications across various industries, including pharmaceuticals, agrochemicals, and polymers. Glycidol, a versatile chemical compound used as an intermediate in the synthesis of specialty chemicals and pharmaceuticals, is witnessing increased demand due to its role in producing epoxy resins, which are crucial for a wide range of industrial applications. The growing emphasis on high-performance materials and the expansion of end-user industries, such as automotive and construction, are further fueling the demand for glycidol. Additionally, the rising focus on developing environmentally friendly and sustainable products is pushing companies to explore more applications for glycidol.
Geographically, the market is seeing substantial growth in regions with strong manufacturing bases and industrial activities, such as North America, Europe, and Asia-Pacific. The Asia-Pacific region, in particular, is emerging as a significant market for glycidol, owing to rapid industrialization, increased production capabilities, and rising consumer demand for specialty chemicals. The ongoing advancements in chemical processing technologies and regulatory frameworks supporting green chemistry are expected to further enhance the market growth. As industries continue to seek high-quality and efficient chemical solutions, the glycidol market is poised for sustained expansion.
Glycidol Market Competitive Landscape Analysis
Glycidol Market is experiencing steady growth as key manufacturers strengthen their positions through mergers, partnerships, and targeted strategies. Competition is shaped by both established chemical producers and niche suppliers focusing on specialized formulations. With over 45% of production linked to industrial coatings and polymers, the market demonstrates strong potential for innovation-driven expansion in diverse applications.
Market Structure and Concentration
The market exhibits moderate concentration, with leading players accounting for nearly 55% of total share. Strategic collaboration and merger activities continue to redefine the competitive structure. Smaller producers are entering through technological advancements, while larger enterprises focus on scaling capacity. This balance highlights an evolving structure driven by innovation and efficiency-focused strategies.
Brand and Channel Strategies
Brand positioning and effective channel strategies play a pivotal role in sustaining competitiveness. Nearly 50% of producers emphasize direct distribution, while partnerships with specialized distributors enhance reach in high-demand regions. Strong branding initiatives combined with collaboration across value chains are enabling companies to reinforce market visibility and secure long-term growth.
Innovation Drivers and Technological Advancements
Technological advancements are accelerating product performance and process efficiency. More than 40% of companies are investing in research focused on greener synthesis and advanced formulations. Innovation-driven strategies are reshaping product portfolios, enabling higher adoption in coatings, adhesives, and polymers. Continuous collaboration with research institutions fosters sustainable growth and expansion of specialized applications.
Regional Momentum and Expansion
Regional momentum is particularly visible in Asia-Pacific, which contributes over 60% of overall demand. Expansion strategies in this region focus on partnerships and localized production. North America and Europe emphasize advanced formulations supported by strong research collaborations. The diversification of supply chains is driving balanced expansion, reinforcing competitive strength across major industrial markets.
Future Outlook
The future outlook for the market remains robust as demand for glycidol expands across industrial and specialty segments. Strategic mergers, cross-industry collaboration, and continued technological advancements are expected to sustain growth. With over 50% of stakeholders emphasizing sustainable production, the market is poised for accelerated expansion and long-term competitiveness in the coming years.
Key players in Glycidol Market include:
- FUJIFILM Wako Pure Chemical Corporation
- HBCChem
- Meryer (Shanghai) Chemical Technology
- Acros Organics
- KANTO CHEMICAL CO., INC.
- Hangzhou Dayangchem
- Nacalai Tesque
- The Good Scents Company
- FINETECH INDUSTRY LIMITED
- LGC Group
- BASF SE
- The Dow Chemical Company
- Huntsman Corporation
- SABIC (Saudi Basic Industries Corporation)
- LG Chem
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Grade
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Application
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Glycidol Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising demand in cosmetics
- Growth in pharmaceuticals industry
- Increased industrial applications
- Technological advancements in production
- Expanding end-user industries
- Restraints
- High production costs
- Regulatory compliance challenges
- Limited raw material availability
- Environmental impact concerns
- Market competition
- Opportunities
- Emerging markets expansion
- Innovation in product applications
- Strategic partnerships and alliances
- Increased focus on sustainability
- Growth in specialty chemicals
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Glycidol Market, By Grade, 2021 - 2031 (USD Million)
- Glycidol Below 95%
- Glycidol 96%
- Glycidol 97%
- Glycidol Above 97%
- Glycidol Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Online
- Offline
- Glycidol Market, By Application, 2021 - 2031 (USD Million)
- Production of Surface Active Compounds
- Cosmetic Preparations
- Laundry Detergents
- Others
- Additives in plastics
- Paints
- Photographic Chemicals
- Pharmaceuticals
- Biocides
- Others
- Production of Surface Active Compounds
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Glycidol Market, By End-Use, 2021 - 2031 (USD Million)
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Pharmaceutical
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Paints & Coatings
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Building & Construction
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Automotive
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Packaging
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Cosmetics & Personal Care
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Textile
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Others
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- Glycidol Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Glycidol Market, By Grade, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- FUJIFILM Wako Pure Chemical Corporation
- HBCChem
- Meryer (Shanghai) Chemical Technology
- Acros Organics
- KANTO CHEMICAL CO., INC.
- Hangzhou Dayangchem
- Nacalai Tesque
- The Good Scents Company
- FINETECH INDUSTRY LIMITED
- LGC Group
- BASF SE
- The Dow Chemical Company
- Huntsman Corporation
- SABIC (Saudi Basic Industries Corporation)
- LG Chem
- Company Profiles
- Analyst Views
- Future Outlook of the Market