Mexico Glycerine Market Research Report - Forecast to 2025
Published Date | 2019 June 17
According to Blueweave Consulting, the Mexico Glycerine market is anticipated to reach XX.XX Million by the end of 2025 and projected to increase significantly at a CAGR of X.XX% over the forecast period. Owing to the rising population, innovative product offering and growing demand in various industries like personal care, cosmetic, food industry among others witnessed the upward trend during the forecast period. West Mexico is the second largest consumer of glycerine particularly in terms of food & beverages and cosmetic products.
The market is compelled by various factors like changing consumer preference towards cosmetic & personal care products, rapid penetration in numerous applications like in food & beverages industry and innovative product offerings will further propel the demand for Bubble wrap packaging in the coming years.
Natural glycerine segment dominates the overall market registering a market share of XX.XX% in 2018 and projected to maintain its dominance throughout the forecast period of 2019-2025. The demand for natural glycerine has been growing in last few years owing to the rising usage in food industry, consumer concerns regarding health issues and latest development in the cosmetics & personal Care products. However, the synthetic segment is likely to increase at a significant level and projected to touch USD XX.X Million by 2025.
Based on the application, food and cosmetic industry anticipated as the most lucrative segment and likely to be the fastest growing application in the Mexico glycerine market. Food & beverages segment is projected to register a CAGR of XX.X% over the forecast period and projected to reach XX.XX million by 2025.
Geographically, the Mexico Glycerine market is analyzed across North South, East, and West. In 2018, the East Mexico accounted for the maximum market share of XX.X% and projected to dominate the overall glycerine followed by West Mexico. Owing to the amassed ecommerce industry, rising disposable income and changing consumer taste.
The key players in market includes Cargil Inc., Kao Chemicals, Quimic SA de CV, Quimica Delta, Pemex, Oxiteno Mexico SA de CV.
• Mexico glycerine market is estimated to touch USD XX.X million by 2025 with X.X% CAGR over the forecast period.
• East Mexico holds the largest share followed by West Mexico region.
• Natural Glycerine market accounted for the largest market share with a market share of XX% and projected to reach XXX million by 2025.
• Manufacturers and distributors of glycerine
• Suppliers and traders of glycerine.
• Government, associations and industrial bodies.
• Investors and Trade experts.
• Consulting in chemical experts.
The report covers brief analysis of geographical region includes
• North Mexico
• South Mexico
• East Mexico
• West Mexico