Report overview
The Triacetin 1,2,3-triacetoxypropane is more generally known as triacetin and glycerin triacetate. It is the triester of glycerol and acetic acid, and is the second simplest fat after triformin. Triacetin is readily soluble in aromatic hydrocarbons and most organic solvents. It is insoluble in aliphatic hydrocarbons, mineral oils, and vegetable and animal oils. Solubility in water is low.
Triacetin is found in some food like butter as it is used as a food additive for the solvency of flavourings for the function of humectant. It is used in perfumery and cosmetics for these applications. It is used as an antifungal agent in external medicine for topical treatment of superficial fungal infections of the skin. Triacetin is applied to cigarette filter as a plasticizer. It is used as a gelatinizing agent in explosives.
Under suitable conditions, Triacetin can be stored for one year. Triacetin can be stored in a stainless steel tank.
This report aims to provide a comprehensive presentation of the global market for Triacetin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Triacetin. This report contains market size and forecasts of Triacetin in global, including the following market information:
Global Triacetin Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Triacetin Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Triacetin companies in 2022 (%)
The global Triacetin market was valued at US$ 408.9 million in 2022 and is projected to reach US$ 574.5 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global Triacetin industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Eastman, Lanxess, BASF, Daicel and Jiangsu Ruijia. At present, Jiangsu Ruijia is the world leader, holding 23% production market share.
We surveyed the Triacetin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Triacetin Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Triacetin Market Segment Percentages, by Type, 2022 (%)
Tobacco Grade
Industrial Grade
Food Grade
Others
Global Triacetin Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Triacetin Market Segment Percentages, by Application, 2022 (%)
Tobacco
Food
Foundry
Others
Global Triacetin Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Triacetin Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Triacetin revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Triacetin revenues share in global market, 2022 (%)
Key companies Triacetin sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Triacetin sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Eastman
Polynt
Daicel
Lanxess
BASF
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Yixing YongJia Chemical
Jiangsu Licheng
Xinxiang Huayang
Outline of Major Chapters:
Chapter 1: Introduces the definition of Triacetin, market overview.
Chapter 2: Global Triacetin market size in revenue and volume.
Chapter 3: Detailed analysis of Triacetin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Triacetin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Triacetin capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
