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Glycerol Market Anticipated for Progressive CAGR Growth during 2012-2022

Glycerol Market Anticipated for Progressive CAGR Growth during

Glycerol Market Anticipated for Progressive CAGR Growth during 2012- 2022 A research study titled, “Glycerol Market by source and application - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research. Report Overview: The global Glycerol market was worth USD 1.89 billion in the year of 2014 and is expected to reach approximately USD 3.07 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.44% during the forecast period. Glycerol also known glycerin is a polyol combination. It is odorless, translucent and thick liquid that has a sweet taste and is non-toxic. It is extensively utilized in the food industry as sweetener and as a humectant in pharmaceutical applications. Glycerol has three hydroxyl bunches that are in charge of its solvency in water and its hygroscopic nature. It is commonly derived from plant and animal sources. It is utilized for the preservation food, as a sweetener and as thickener in liqueurs. Certain glycerol manufacturing processes include saponification, hydrolysis, and 1 | P a g e

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