The global glycidol market is projected to grow from USD 2,290.69 million in 2024 to USD 3,354.39 million by 2031, registering a Compound Annual Growth Rate (CAGR) of 5.6% between 2025 and 2032. This growth is driven by the increasing demand for glycidol across industries such as pharmaceuticals, agrochemicals, cosmetics, and industrial applications.
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Diverse Applications Across Industries:
Glycidol is widely used as an intermediate in the production of pharmaceuticals, agrochemicals, epoxy resins, and specialty chemicals. Its chemical versatility makes it critical for synthesizing complex molecules1.
The rising demand for surface-active compounds in cosmetics and detergents further boosts its market growth.
Growth in the Pharmaceutical Sector:
Glycidol derivatives play a significant role in synthesizing Active Pharmaceutical Ingredients (APIs) and other critical compounds.
Its use as a sterilant and stabilizer in pharmaceutical manufacturing is expected to drive demand.
Technological Advancements:
Innovations in production methods and increased focus on green chemistry are contributing to sustainable glycidol manufacturing.
Industrial Expansion:
The automotive and construction sectors are driving the demand for epoxy resins made from glycidol due to their durability and resistance properties.
Health and Environmental Concerns:
Glycidol is listed as a hazardous substance by regulatory bodies due to its carcinogenic and mutagenic nature, which may limit its adoption in certain applications.
Price Fluctuations of Raw Materials:
Volatility in raw material costs poses challenges for manufacturers, impacting profit margins.
Glycidol below 95%
Glycidol 96%
Glycidol 97%
Glycidol above 97%
Glycidol 96% dominates the market due to its extensive use in surface-active compounds like detergents and cosmetics.
Glycidol 97% is expected to witness significant growth owing to its applications in plastics, paints, and vinyl polymer stabilization.
Surface-active compounds (cosmetics, detergents)
Additives in plastics
Paints and coatings
Pharmaceuticals
Biocides
The pharmaceutical segment is a key driver due to glycidol's role in producing APIs and medical-grade chemicals.
The increasing use of glycidol in paints and coatings is supported by its solvent properties.
Online
Offline
Offline channels dominate the market due to their established networks for bulk chemical purchases.
Advanced industrial infrastructure, strong pharmaceutical sector; projected CAGR ~5%.
Europe
Stringent regulations supporting high-purity glycidol; focus on sustainable practices.
Asia-Pacific
Rapid industrialization; growing demand from automotive, pharmaceuticals, and personal care.
Middle East & Africa
Emerging market with investments in industrial diversification.
Latin America
Growing chemical and pharmaceutical industries; key markets include Brazil and Mexico.
Increasing focus on sustainability is driving the adoption of bio-based glycidol production methods.
Rising consumer awareness about personal grooming is boosting demand for glycidol-based cosmetic formulations.
Expanding applications in green chemistry align with global environmental goals.
Leading players in the glycidol market include companies focusing on expanding production capacities, investing in R&D for sustainable solutions, and exploring new applications across diverse industries.