Seattle, Sept. 20, 2023 (GLOBE NEWSWIRE) — The global glycerin market is expected to grow from 2021 & 2030, at a CAGR of 6.9% during the forecast period 2021-2030. The rising adoption of the glycerin in food and beverage industry is the primary factor for market growth and development for glycerin in present scenario. Glycerin is the main component of triglycerides that is usually found in vegetable oil animal fat, and crude oil. Glycerol is derived from biodiesel production or from soap. Glycerin is an organic alcohol mixture of sugar and alcohol and is fully miscible in water.
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