Ethylhexylglycerin Market
Ethylhexylglycerin Market
The market for Ethylhexylglycerin was estimated at $167.00 million in 2024; it is anticipated to increase to $269 million by 2030, with projections indicating growth to around $401 million by 2035.
Global Ethylhexylglycerin Market Outlook
Revenue, 2024 (US$M)
$167M
Forecast, 2034 (US$M)
$370M
CAGR, 2024 - 2034
8.3%
Market Key Insights
- The Ethylhexylglycerin market is projected to grow from $167.0 million in 2024 to $370 million in 2034. This represents a CAGR of 8.3%, reflecting rising demand across Cosmetics and Personal Care Products, Food Industry and Pharmaceutical Industry.
- BASF SE, Kao Corporation, Nouryon are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Ethylhexylglycerin market and are expected to observe the growth CAGR of 6.1% to 8.7% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and United Arab Emirates are expected to observe highest growth with CAGR ranging between 8.0% to 10.4%.
- Transition like Green Manufacturing Processes is expected to add $27.1 million to the Ethylhexylglycerin market growth by 2030
- The Ethylhexylglycerin market is set to add $204 million between 2024 and 2034, with manufacturer targeting Pharmaceuticals & Food Processing Industry Application projected to gain a larger market share.
- With Rising demand in personal care sector, and Growing adoption in pharmaceuticals industry, Ethylhexylglycerin market to expand 122% between 2024 and 2034.
Opportunities in the Ethylhexylglycerin
The market for ethylhexylglycerin also offers chances for growth through forming partnerships with local businesses in thriving markets, like India and China to quickly reach customers seeking mild and efficient cosmetic preservatives in these areas.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Demand in Personal Care Sector, and Expansion of Cosmeceutical Market
Restraint: Regulatory Challenges
Opportunity: Penetration into Untapped Segments and Technological Innovations in Production
Challenge: High Switching Costs
Supply Chain Landscape
Raw Material Production
Evonik Industries
Wilmar International Limited
Intermediate Processing
KLK OLEO
Galaxy Surfactants
Manufacturing
BASF SE
Dow Inc
End Users
Personal care
Pharmaceutical industry
Food industry
Raw Material Production
Evonik Industries
Wilmar International Limited
Intermediate Processing
KLK OLEO
Galaxy Surfactants
Manufacturing
BASF SE
Dow Inc
End Users
Personal care
Pharmaceutical industry
Food industry