The Newest Research and Development Trend of Glycerin and its World Market Overview

Abstract

Glycerin is well known traditional chemical substance for long years, and consumed world widely. But this situation was changed by a rapid growth of biodiesel in the world and it caused price corruption and oversupply. As a result, it looks like glycerin could find a new application under this situation, but suddenly, glycerin lost these one because of skyrocketed feedstock market price due to a rapid growth of biodiesel and a big new purchase power by China. Now, market is very complicated, and I try to focus these situations and discuss glycerin future outlook.