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Glycerol Triacetate-Global Market Insights and Sales Trends 2025
Synopsis
Triacetin(Glycerol triacetate) also known as glyceryl triacetate, the Triacetin 1,2,3-triacetoxypropane is more generally known as triacetin and glycerin triacetate. It is the triester of glycerol and acetic acid, and is the second simplest fat after triformin. Triacetin is readily soluble in aromatic hydrocarbons and most organic solvents. It is insoluble in aliphatic hydrocarbons, mineral oils, and vegetable and animal oils. Solubility in water is low.
Triacetin is found in some food like butter as it is used as a food additive for the solvency of flavourings for the function of humectant. It is used in perfumery and cosmetics for these applications. It is used as an antifungal agent in external medicine for topical treatment of superficial fungal infections of the skin. Triacetin is applied to cigarette filter as a plasticizer. It is used as a gelatinizing agent in explosives.
The global Glycerol Triacetate market size is expected to reach US$ 1168.4 million by 2029, growing at a CAGR of 16.9% from 2023 to 2029. The market is mainly driven by the significant applications of Glycerol Triacetate in various end use industries. The expanding demands from the Tobacco, Food, Foundry and Others, are propelling Glycerol Triacetate market. Tobacco Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Grade segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Glycerol Triacetate market, driven by demand from China, the second largest economy with some signs of stabilising, the Glycerol Triacetate market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Glycerol Triacetate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Glycerol Triacetate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Glycerol Triacetate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Glycerol Triacetate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Glycerol Triacetate covered in this report include Eastman, Polynt, Daicel, Lanxess, BASF, Jiangsu Ruijia, Jiangsu Lemon, Yunnan Huanteng and Yixing Tianyuan, etc.
The global Glycerol Triacetate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Eastman
Polynt
Daicel
Lanxess
BASF
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Yixing YongJia Chemical
Jiangsu Licheng
ReactChem
Xinxiang Huayang
Henan Huayin Chemical
Global Glycerol Triacetate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Glycerol Triacetate market, Segment by Type:
Tobacco Grade
Industrial Grade
Food Grade
Others
Global Glycerol Triacetate market, by Application
Tobacco
Food
Foundry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Glycerol Triacetate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Glycerol Triacetate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Triacetin(Glycerol triacetate) also known as glyceryl triacetate, the Triacetin 1,2,3-triacetoxypropane is more generally known as triacetin and glycerin triacetate. It is the triester of glycerol and acetic acid, and is the second simplest fat after triformin. Triacetin is readily soluble in aromatic hydrocarbons and most organic solvents. It is insoluble in aliphatic hydrocarbons, mineral oils, and vegetable and animal oils. Solubility in water is low.
Triacetin is found in some food like butter as it is used as a food additive for the solvency of flavourings for the function of humectant. It is used in perfumery and cosmetics for these applications. It is used as an antifungal agent in external medicine for topical treatment of superficial fungal infections of the skin. Triacetin is applied to cigarette filter as a plasticizer. It is used as a gelatinizing agent in explosives.
The global Glycerol Triacetate market size is expected to reach US$ 1168.4 million by 2029, growing at a CAGR of 16.9% from 2023 to 2029. The market is mainly driven by the significant applications of Glycerol Triacetate in various end use industries. The expanding demands from the Tobacco, Food, Foundry and Others, are propelling Glycerol Triacetate market. Tobacco Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Grade segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Glycerol Triacetate market, driven by demand from China, the second largest economy with some signs of stabilising, the Glycerol Triacetate market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Glycerol Triacetate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Glycerol Triacetate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Glycerol Triacetate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Glycerol Triacetate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Glycerol Triacetate covered in this report include Eastman, Polynt, Daicel, Lanxess, BASF, Jiangsu Ruijia, Jiangsu Lemon, Yunnan Huanteng and Yixing Tianyuan, etc.
The global Glycerol Triacetate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Eastman
Polynt
Daicel
Lanxess
BASF
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Yixing YongJia Chemical
Jiangsu Licheng
ReactChem
Xinxiang Huayang
Henan Huayin Chemical
Global Glycerol Triacetate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Glycerol Triacetate market, Segment by Type:
Tobacco Grade
Industrial Grade
Food Grade
Others
Global Glycerol Triacetate market, by Application
Tobacco
Food
Foundry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Glycerol Triacetate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Glycerol Triacetate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Glycerol Triacetate Market Overview
1.1 Glycerol Triacetate Product Overview
1.2 Glycerol Triacetate Market Segment by Type
1.2.1 Tobacco Grade
1.2.2 Industrial Grade
1.2.3 Food Grade
1.2.4 Others
1.3 Global Glycerol Triacetate Market Size by Type
1.3.1 Global Glycerol Triacetate Market Size Overview by Type (2018-2029)
1.3.2 Global Glycerol Triacetate Historic Market Size Review by Type (2018-2023)
1.3.3 Global Glycerol Triacetate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Glycerol Triacetate Sales Breakdown by Type (2018-2023)
1.4.2 Europe Glycerol Triacetate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Glycerol Triacetate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Glycerol Triacetate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Glycerol Triacetate Sales Breakdown by Type (2018-2023)
2 Global Glycerol Triacetate Market Competition by Company
2.1 Global Top Players by Glycerol Triacetate Sales (2018-2023)
2.2 Global Top Players by Glycerol Triacetate Revenue (2018-2023)
2.3 Global Top Players by Glycerol Triacetate Price (2018-2023)
2.4 Global Top Manufacturers Glycerol Triacetate Manufacturing Base Distribution, Sales Area, Product Type
2.5 Glycerol Triacetate Market Competitive Situation and Trends
2.5.1 Glycerol Triacetate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Glycerol Triacetate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Glycerol Triacetate as of 2022)
2.7 Date of Key Manufacturers Enter into Glycerol Triacetate Market
2.8 Key Manufacturers Glycerol Triacetate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Glycerol Triacetate Status and Outlook by Region
3.1 Global Glycerol Triacetate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Glycerol Triacetate Historic Market Size by Region
3.2.1 Global Glycerol Triacetate Sales in Volume by Region (2018-2023)
3.2.2 Global Glycerol Triacetate Sales in Value by Region (2018-2023)
3.2.3 Global Glycerol Triacetate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Glycerol Triacetate Forecasted Market Size by Region
3.3.1 Global Glycerol Triacetate Sales in Volume by Region (2024-2029)
3.3.2 Global Glycerol Triacetate Sales in Value by Region (2024-2029)
3.3.3 Global Glycerol Triacetate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Glycerol Triacetate by Application
4.1 Glycerol Triacetate Market Segment by Application
4.1.1 Tobacco
4.1.2 Food
4.1.3 Foundry
4.1.4 Others
4.2 Global Glycerol Triacetate Market Size by Application
4.2.1 Global Glycerol Triacetate Market Size Overview by Application (2018-2029)
4.2.2 Global Glycerol Triacetate Historic Market Size Review by Application (2018-2023)
4.2.3 Global Glycerol Triacetate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Glycerol Triacetate Sales Breakdown by Application (2018-2023)
4.3.2 Europe Glycerol Triacetate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Glycerol Triacetate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Glycerol Triacetate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Glycerol Triacetate Sales Breakdown by Application (2018-2023)
5 North America Glycerol Triacetate by Country
5.1 North America Glycerol Triacetate Historic Market Size by Country
5.1.1 North America Glycerol Triacetate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Glycerol Triacetate Sales in Volume by Country (2018-2023)
5.1.3 North America Glycerol Triacetate Sales in Value by Country (2018-2023)
5.2 North America Glycerol Triacetate Forecasted Market Size by Country
5.2.1 North America Glycerol Triacetate Sales in Volume by Country (2024-2029)
5.2.2 North America Glycerol Triacetate Sales in Value by Country (2024-2029)
6 Europe Glycerol Triacetate by Country
6.1 Europe Glycerol Triacetate Historic Market Size by Country
6.1.1 Europe Glycerol Triacetate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Glycerol Triacetate Sales in Volume by Country (2018-2023)
6.1.3 Europe Glycerol Triacetate Sales in Value by Country (2018-2023)
6.2 Europe Glycerol Triacetate Forecasted Market Size by Country
6.2.1 Europe Glycerol Triacetate Sales in Volume by Country (2024-2029)
6.2.2 Europe Glycerol Triacetate Sales in Value by Country (2024-2029)
7 Asia-Pacific Glycerol Triacetate by Region
7.1 Asia-Pacific Glycerol Triacetate Historic Market Size by Region
7.1.1 Asia-Pacific Glycerol Triacetate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Glycerol Triacetate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Glycerol Triacetate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Glycerol Triacetate Forecasted Market Size by Region
7.2.1 Asia-Pacific Glycerol Triacetate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Glycerol Triacetate Sales in Value by Region (2024-2029)
8 Latin America Glycerol Triacetate by Country
8.1 Latin America Glycerol Triacetate Historic Market Size by Country
8.1.1 Latin America Glycerol Triacetate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Glycerol Triacetate Sales in Volume by Country (2018-2023)
8.1.3 Latin America Glycerol Triacetate Sales in Value by Country (2018-2023)
8.2 Latin America Glycerol Triacetate Forecasted Market Size by Country
8.2.1 Latin America Glycerol Triacetate Sales in Volume by Country (2024-2029)
8.2.2 Latin America Glycerol Triacetate Sales in Value by Country (2024-2029)
9 Middle East and Africa Glycerol Triacetate by Country
9.1 Middle East and Africa Glycerol Triacetate Historic Market Size by Country
9.1.1 Middle East and Africa Glycerol Triacetate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Glycerol Triacetate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Glycerol Triacetate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Glycerol Triacetate Forecasted Market Size by Country
9.2.1 Middle East and Africa Glycerol Triacetate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Glycerol Triacetate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Eastman
10.1.1 Eastman Company Information
10.1.2 Eastman Introduction and Business Overview
10.1.3 Eastman Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Eastman Glycerol Triacetate Products Offered
10.1.5 Eastman Recent Development
10.2 Polynt
10.2.1 Polynt Company Information
10.2.2 Polynt Introduction and Business Overview
10.2.3 Polynt Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Polynt Glycerol Triacetate Products Offered
10.2.5 Polynt Recent Development
10.3 Daicel
10.3.1 Daicel Company Information
10.3.2 Daicel Introduction and Business Overview
10.3.3 Daicel Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Daicel Glycerol Triacetate Products Offered
10.3.5 Daicel Recent Development
10.4 Lanxess
10.4.1 Lanxess Company Information
10.4.2 Lanxess Introduction and Business Overview
10.4.3 Lanxess Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Lanxess Glycerol Triacetate Products Offered
10.4.5 Lanxess Recent Development
10.5 BASF
10.5.1 BASF Company Information
10.5.2 BASF Introduction and Business Overview
10.5.3 BASF Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 BASF Glycerol Triacetate Products Offered
10.5.5 BASF Recent Development
10.6 Jiangsu Ruijia
10.6.1 Jiangsu Ruijia Company Information
10.6.2 Jiangsu Ruijia Introduction and Business Overview
10.6.3 Jiangsu Ruijia Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Jiangsu Ruijia Glycerol Triacetate Products Offered
10.6.5 Jiangsu Ruijia Recent Development
10.7 Jiangsu Lemon
10.7.1 Jiangsu Lemon Company Information
10.7.2 Jiangsu Lemon Introduction and Business Overview
10.7.3 Jiangsu Lemon Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Jiangsu Lemon Glycerol Triacetate Products Offered
10.7.5 Jiangsu Lemon Recent Development
10.8 Yunnan Huanteng
10.8.1 Yunnan Huanteng Company Information
10.8.2 Yunnan Huanteng Introduction and Business Overview
10.8.3 Yunnan Huanteng Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yunnan Huanteng Glycerol Triacetate Products Offered
10.8.5 Yunnan Huanteng Recent Development
10.9 Yixing Tianyuan
10.9.1 Yixing Tianyuan Company Information
10.9.2 Yixing Tianyuan Introduction and Business Overview
10.9.3 Yixing Tianyuan Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yixing Tianyuan Glycerol Triacetate Products Offered
10.9.5 Yixing Tianyuan Recent Development
10.10 Yixing YongJia Chemical
10.10.1 Yixing YongJia Chemical Company Information
10.10.2 Yixing YongJia Chemical Introduction and Business Overview
10.10.3 Yixing YongJia Chemical Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yixing YongJia Chemical Glycerol Triacetate Products Offered
10.10.5 Yixing YongJia Chemical Recent Development
10.11 Jiangsu Licheng
10.11.1 Jiangsu Licheng Company Information
10.11.2 Jiangsu Licheng Introduction and Business Overview
10.11.3 Jiangsu Licheng Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Jiangsu Licheng Glycerol Triacetate Products Offered
10.11.5 Jiangsu Licheng Recent Development
10.12 ReactChem
10.12.1 ReactChem Company Information
10.12.2 ReactChem Introduction and Business Overview
10.12.3 ReactChem Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.12.4 ReactChem Glycerol Triacetate Products Offered
10.12.5 ReactChem Recent Development
10.13 Xinxiang Huayang
10.13.1 Xinxiang Huayang Company Information
10.13.2 Xinxiang Huayang Introduction and Business Overview
10.13.3 Xinxiang Huayang Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Xinxiang Huayang Glycerol Triacetate Products Offered
10.13.5 Xinxiang Huayang Recent Development
10.14 Henan Huayin Chemical
10.14.1 Henan Huayin Chemical Company Information
10.14.2 Henan Huayin Chemical Introduction and Business Overview
10.14.3 Henan Huayin Chemical Glycerol Triacetate Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Henan Huayin Chemical Glycerol Triacetate Products Offered
10.14.5 Henan Huayin Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Glycerol Triacetate Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Glycerol Triacetate Industrial Chain Analysis
11.4 Glycerol Triacetate Market Dynamics
11.4.1 Glycerol Triacetate Industry Trends
11.4.2 Glycerol Triacetate Market Drivers
11.4.3 Glycerol Triacetate Market Challenges
11.4.4 Glycerol Triacetate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Glycerol Triacetate Distributors
12.3 Glycerol Triacetate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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