The global glycidol market is expected to register a period of lucrative growth owing to the vast array of application avenues the product is utilized in. Glycidol is an odorless, colorless, and slightly viscous liquid cyclic ether. The material is extensively employed as a stabilizer in vinyl polymers, and natural oils, as a sterilant, an alkylating agent, dye leveling agent, and a demulsifier. Additionally, the material is also utilized as an in the synthesis of glycidyl ethers, glycerol, and amines.

Glycidol possesses a chiral center, however, it is typically manufactured and utilized as a racemic mixture. Given its extensive list of properties, It is utilized as a, effective chemical intermediate and also finds use in the production of healthcare products, detergents, and industrial coatings and paints.

The overall glycidol market is bifurcated into a number of different segments according to grade, application, distribution channel, and regional landscape.

On the basis of grade, the market landscape is categorized into Glycidol below 95%, Glycidol 96%, Glycidol 97%, and Glycidol above 97%. Among these, the Glycidol below 95% segment is forecast to register momentous growth owing to growing application scope of the product. In fact, the segment is expected to witness an impressive CAGR of more than 4.6% through the analysis timeframe.

In terms of application, the industry landscape is bifurcated into additives in plastics, paints, photographic chemicals, pharmaceuticals, biocides, others, and surface active compounds’ production, which is further divided into cosmetic preparations, laundry detergents, and others. Among these, the others segment under the surface active compounds segment is expected to reach a substantial valuation of more than $2.71 million by the end of the projected time period. The segment is expected to record a CAGR of 3.3% over the forecast timeframe to reach this valuation.

The photographic chemicals segment is expected to reach an overall valuation of over $11.67 million by the end of the analysis period. Growing adoption of photography as a popular pastime is expected to foster the aforementioned growth. the segment would be growing at a CAGR of 4.0% during the forecast period to reach the said valuation. The others segment is expected to grow at a CAGR of 2.1% over the review period.

From a regional perspective, the Latin America glycidol industry is anticipated to experience tremendous growth. The regional segment is projected to reach an overall valuation of $15.99 million by the end os the analysis time period. The segment would be clocking in an impressive CAGR of more than 3.4% over the forecast period to reach the aforementioned valuation.

Meanwhile, the MEA glycidol market is expected to grow at a CAGR of 2.9% throughout the assessment period.