Mexico Glycerine Market Research Report - Forecast to 2025
Published | 17 June 2019
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.
Key Players
The key players in market includes Cargil
Inc., Kao Chemicals, Quimic SA de CV, Quimica Delta, Pemex, Oxiteno Mexico SA
de CV.
Key Findings
•
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.
Target Audience
•
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
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