Biodiesel is the largest industrial source for glycerin, contributing more than 60 percent share to the global glycerin supply, followed by fatty acids that account for 24 percent share. Higher biodiesel blending mandates in Europe and blenders' tax credit in the U.S have led to their leading positions among the global biodiesel producers. Europe is the largest biodiesel supplier and along with the U.S., it accounts for more than 50 percent of the global share of biodiesel production. With a production capacity of 26 billion liters and production of around 10.8 billion liters, Europe is the largest producer of glycerin as well.However, since 2012, Brazil and Argentina have been increasing their production of biodiesel due to increase in mandates imposed by government. With the current market, glycerin is oversupplied globally. And with many fragmented suppliers, buyers have endless options to change suppliers and bargain for most effective procurement option.
The report provides an extensive analysis of the key price drivers, supply-demand trends and trade dynamics of global glycerin manufacturers such as Europe, U.S., and Asia.
The report provides a detailed analysis of Porter's Five Forces for glycerin along with a detailed understanding of the glycerin supplier landscape. It also discusses the supply share of major commercial suppliers of refined glycerin brands including Archer Daniels Midland (ADM), Kuala Lumpur Kepong Berhad (KLK), Musim Mas, Twin Rivers Technologies, IOI Group, and BioMCN.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Glycerin covers the following
Glycerin is derived as a by-product from various production process, such as biodiesel, soap, fatty acid, and alcohol. Hence, glycerin supply is largely determined by the global demand of biodiesel and fatty acids/alcohols
Biodiesel is the largest industry source for glycerin, with more than 60 percent share to the global glycerin supply, followed by fatty acids (24 percent). The sources of glycerin production include biodiesel (64 percent), fatty acids (24 percent), fatty alcohols (7 percent), saponification (4 percent), others (1 percent) and synthetic (0.10 percent). Higher biodiesel blending mandates in the EU and blenders' tax credit in the US have led to their leading positions among the global biodiesel producers
Global glycerin market is supply dependent on the biodiesel production than its own demand and biodiesel production is dictated by the respective government mandates. Hence lower biodiesel production would significantly reduce the glycerin supply
Regulatory policies promoting the production of biodiesel across countries led to increased production of biodiesel in the recent decade. Thus, the biodiesel industry emerged as the largest contributor to the global glycerin supply
Biodiesel production displayed a tremendous annual growth rate of 37 percent during 2007–2011. However, sharp expansion of biodiesel production was arrested during 2011–2013, at 6 percent, due to lower crude oil prices and non-viable biodiesel production