Glycerin Market Size 2020 Future Trends, Dynamic Growth & Forecast To 2027
Glycerine is an odorless and non-toxic compound widely approved in pharmaceutical, cosmetic, and personal care products. The Mexico glycerine market report by Market Research Future (MRFR) looks at the economic conditions of the country as well as investments opportunities for growth. It highlights and explores drivers, restraints, and opportunities for the period of 2022 to 2030 (forecast period). Market Scope The glycerine market is projected to exhibit 5.10% CAGR during the forecast period. It stood at USD 82.9 million in 2022. The market is predicted to touch a valuation of USD 106.4 million by 2030. The increasing population in East Mexico and the demand from personal care, cosmetics, and food industries will drive the market growth. According to the United Nations Population, the population of Mexico can reach 148 million by 2030. Exemptions provided to manufacturers of personal care products during the current pandemic of COVID-19 are projected to fuel the Mexi...