According to the research report titled ‘Global Glycidol Market Size By Grade , By Application, By Distribution Channel Industry Analysis Report, Country Outlook Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global glycidol market is anticipated to expand substantially during 2020-2026.
 

Industry experts claim that the widespread applications of glycidol including demulsification, dye levelling, alkylation, and sterilization along with extensive utilization as a stabilizer in natural oils as well as vinyl polymers are fueling the growth of global glycidol market. Increasing adoption of glycidol for manufacturing industrial coatings, detergents, and healthcare products are also augmenting the market size.  
 

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For the record, glycidol is a slightly viscous, colorless, and odorless liquid cyclic ether that possesses a chiral center and is typically utilized and manufactured as a racemic mixture.
 

Furthermore, increasing adoption of the material while synthesizing amines, glycerol, and glycidyl ethers is stimulating the global glycidol market outlook. 
 

Based on grade type, the report states that glycidol below 95% segment is projected to register a CAGR of 4.6% over the forecast period, on account of its widespread applications across various industry verticals.
 

With regards to application scope, the industry is bifurcated into laundry detergents, cosmetic preparations, and others. The other segment, which comprises of surface-active compounds applications, is predicted to record a 3.3% CAGR through 2026, subsequently accounting for around USD 2.71 million by the end of the study period.
 

On the other hand, global glycidol market share from photography chemicals application segment is expected to exhibit a 4% CAGR, generating revenue worth USD 11.67 million by the end of the forecast period. Increasing popularity of photography is fueling the expansion of the segment.
 

As per the regional analysis, Latin America glycidol market is estimated to grow with a CAGR of 3.4% during 2020-2026, accounting for around USD 15.99 million by the end of 2026.
 

Alternatively, Middle East & Africa is predicted to exhibit a healthy CAGR of 2.9% during the analysis period, emerging as a major growth avenue for global glycidol market.
 

Leading companies that define the global glycidol industry trends are Finetech Industry Limited, The Good Scents Company, Hangzhou DayangChem Co. Ltd., LGC Group, Kanto Chemical Co. Inc., Nacalai Tesque Inc., FUJIFILM Wako Pure Chemical Corp., Meryer (Shanghai) Chemical Technology Co. Ltd., Acros Organics B.V.B.A., and HBCChem Inc.