Glycerine: A Growing Demand for Sustainable Applications

In the shift toward sustainable raw materials, glycerine derived from palm oil has emerged as a key commodity. As a by-product of biodiesel, its supply has grown in line with the rapid expansion of palm oil production, which nearly quintupled in the past decade. This abundance has pushed industries to explore new applications and value-added strategies to ensure long-term profitability.

"In today’s oleochemical market, reliable access to palm-based feedstocks is as critical as innovation itself," Tradeasia International emphasizing its role in connecting industries with consistent supplies of palm derivatives that support greener value chains.

Purified glycerine has gained strong demand in cosmetics, pharmaceuticals, and personal care, prized for its moisturizing and solvent properties. It also plays a role in producing chemical intermediates that align with green chemistry. With global regulations and consumer preferences shifting toward renewable inputs, demand for palm-derived glycerine is projected to keep rising, particularly from key exporters such as Indonesia and Malaysia. Its versatility ensures continued growth across both industrial and consumer-facing markets.

Caprylic Acid: Driving Multi-Sector Growth with Bio-Based Innovation

Alongside glycerine, caprylic acid is also gaining momentum. Sourced from palm kernel and coconut oil, its global market reached USD 5.2 million in 2024 and is expected to grow to USD 9.3 billion by 2030, reflecting a CAGR of 10.4%. Widely applied in pharmaceuticals for its antimicrobial properties and in skincare as a natural emollient, caprylic acid is also being recognized as a promising renewable energy feedstock, aligning with decarbonization goals.

Together, glycerine and caprylic acid showcase the expanding role of palm oil derivatives in building sustainable supply chains. Their biodegradability, functionality, and compliance with global standards reinforce the vital contribution of oleochemicals to the green economy. With companies like Tradeasia International ensuring accessibility and quality, industries worldwide can innovate while advancing toward a more sustainable future.

 

Sources:

  1. General palm oil derivatives and oleochemicals industry sources (Oleochemicals Asia): https://www.oleochemicalsasia.com/

  2. Grand View Research on Caprylic Acid market: https://www.grandviewresearch.com/industry-analysis/caprylic-acid-market

  3. GAPKI on Palm-Based Glycerin: https://gapki.id/en/news/2024/10/08/palm-based-glycerin-whats-for-and-how-its-made/