Glycerol (C3H8O3) is an organic polyol compound that belongs to the alcohol family. It is a colorless and odorless viscous liquid that is biodegradable in nature. It is naturally obtained by the hydrolysis of fats and natural oils present in plants and animals, though it can also be obtained in the laboratory via the process of hydrolysis, saponification and transesterification during the production of biodiesel. Refined glycerol is widely utilized as humectant, plasticizer, filler, solvent, stabilizer, sweetener, emollient and softening agent in the food and beverages (F&B) industry. It is also extensively used in polyether polyols, alkyd resins and pharmaceuticals.
The market is primarily driven by the rising product demand in the food and beverages (F&B) industry. This can be attributed to the growing consumer preference for processed food products. In line with this, the increasing focus on health and fitness among the masses is augmenting the demand for hydrating agents, which, in turn, is positively impacting the market growth. Apart from this, the widespread utilization of glycerol in the formulation of skincare and cosmetic products is creating lucrative growth opportunities for key players in the market. Moreover, the escalating utilization of glycerol as a protective medium for preserving living tissues, along with continual advancements in the healthcare industry, is also creating a positive outlook for the market. Furthermore, the augmenting demand for renewable and clean-burning fuels, the inflating disposable income levels of the consumers, rapid urbanization, and extensive research and development (R&D) activities are some of the other factors contributing to the market on the global level.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the glycerol manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the glycerol industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the glycerol industry.
The following technical and economic aspects are included in the report:
Impact of COVID-19
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing glycerol?
What are the raw material requirements and costs in manufacturing glycerol?
What are the utility requirements and costs in manufacturing glycerol?
What are the manpower requirements and costs in manufacturing glycerol?
What are the packaging requirements and costs in manufacturing glycerol?
What are the transportation requirements and costs in manufacturing glycerol?
What are the land requirements and costs in manufacturing glycerol?
What are the construction requirements and costs in manufacturing glycerol?
What are the profit margins in glycerol?
What should be the pricing mechanism of glycerol?
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2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Glycerol Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Glycerol Price Trends
4.7.2 Product Margins
5 Glycerol Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
184.108.40.206 Plant Machinery Costs
220.127.116.11 Auxiliary Equipment Cost
18.104.22.168 Electrical Works and Piping Costs
22.214.171.124 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Glycerol Market: Major Drivers and Challenges
Figure 2: Global: Glycerol Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Glycerol Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Glycerol Market: Breakup by Segment (in %), 2021
Figure 5: Global: Glycerol Market: Breakup by Region (in %), 2021
Figure 6: Glycerol: Price Trends, 2016 & 2021
Figure 7: Glycerol: Margins Across Various Stages of the Supply Chain
Figure 8: Glycerol: Breakup of Costs
Figure 9: Glycerol Price Structure
Figure 10: Glycerol: Manufacturing Process Flow
Figure 11: Glycerol: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Glycerol: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Glycerol Manufacturing: Raw Material Requirements
Table 2: Glycerol Manufacturing: Raw Material Costs
Table 3: Glycerol Manufacturing: Electricity Costs
Table 4: Glycerol Manufacturing: Steam Costs
Table 5: Glycerol Manufacturing: Process Water Costs
Table 6: Glycerol Manufacturing: Total Utility Costs
Table 7: Glycerol Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Glycerol Manufacturing: Packaging Costs
Table 9: Glycerol Manufacturing: Transportation Costs
Table 10: Glycerol Manufacturing: Sales and Administration Costs
Table 11: Glycerol Manufacturing: Total Operating Costs
Table 12: Glycerol Manufacturing: Costs Related to Land and Site Development
Table 13: Glycerol Manufacturing: Costs Related to Civil Works
Table 14: Glycerol Manufacturing: Costs Related to Plant Machinery
Table 15: Glycerol Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Glycerol Manufacturing: Costs Related to Electrical works and Piping
Table 17: Glycerol Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Glycerol Manufacturing: Working Capital Requirements
Table 19: Glycerol Manufacturing: Total Capital Investment Required
Table 20: Glycerol Manufacturing: Total Production Cost
Table 21: Glycerol Manufacturing: Raw Material Suppliers
Table 22: Glycerol Manufacturing: Machinery Suppliers
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