Global Triacetin Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Triacetin Industry Forecast” looks at past sales and reviews total world Triacetin sales in 2022, providing a comprehensive analysis by region and market sector of projected Triacetin sales for 2023 through 2029. With Triacetin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Triacetin industry.

This Insight Report provides a comprehensive analysis of the global Triacetin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Triacetin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Triacetin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Triacetin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Triacetin.

The global Triacetin market size is projected to grow from US$ 388.8 million in 2022 to US$ 561.6 million in 2029; it is expected to grow at a CAGR of 561.6 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Triacetin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Tobacco Grade
    Industrial Grade
    Food Grade
    Others

Segmentation by application
    Tobacco
    Food
    Foundry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Eastman
    Polynt
    Daicel
    Lanxess
    BASF
    Jiangsu Ruijia
    Jiangsu Lemon
    Yunnan Huanteng
    Yixing Tianyuan
    Yixing YongJia Chemical
    Jiangsu Licheng
    Xinxiang Huayang

Key Questions Addressed in this Report
What is the 10-year outlook for the global Triacetin market?
What factors are driving Triacetin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Triacetin market opportunities vary by end market size?
How does Triacetin break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Triacetin Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Triacetin Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Tobacco Grade
    Table 4. Major Players of Industrial Grade
    Table 5. Major Players of Food Grade
    Table 6. Major Players of Others
    Table 7. Global Triacetin Sales by Type (2018-2023) & (K MT)
    Table 8. Global Triacetin Sales Market Share by Type (2018-2023)
    Table 9. Global Triacetin Revenue by Type (2018-2023) & ($ million)
    Table 10. Global Triacetin Revenue Market Share by Type (2018-2023)
    Table 11. Global Triacetin Sale Price by Type (2018-2023) & (USD/MT)
    Table 12. Global Triacetin Sales by Application (2018-2023) & (K MT)
    Table 13. Global Triacetin Sales Market Share by Application (2018-2023)
    Table 14. Global Triacetin Revenue by Application (2018-2023)
    Table 15. Global Triacetin Revenue Market Share by Application (2018-2023)
    Table 16. Global Triacetin Sale Price by Application (2018-2023) & (USD/MT)
    Table 17. Global Triacetin Sales by Company (2018-2023) & (K MT)
    Table 18. Global Triacetin Sales Market Share by Company (2018-2023)
    Table 19. Global Triacetin Revenue by Company (2018-2023) ($ Millions)
    Table 20. Global Triacetin Revenue Market Share by Company (2018-2023)
    Table 21. Global Triacetin Sale Price by Company (2018-2023) & (USD/MT)
    Table 22. Key Manufacturers Triacetin Producing Area Distribution and Sales Area
    Table 23. Players Triacetin Products Offered
    Table 24. Triacetin Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 25. New Products and Potential Entrants
    Table 26. Mergers & Acquisitions, Expansion
    Table 27. Global Triacetin Sales by Geographic Region (2018-2023) & (K MT)
    Table 28. Global Triacetin Sales Market Share Geographic Region (2018-2023)
    Table 29. Global Triacetin Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 30. Global Triacetin Revenue Market Share by Geographic Region (2018-2023)
    Table 31. Global Triacetin Sales by Country/Region (2018-2023) & (K MT)
    Table 32. Global Triacetin Sales Market Share by Country/Region (2018-2023)
    Table 33. Global Triacetin Revenue by Country/Region (2018-2023) & ($ millions)
    Table 34. Global Triacetin Revenue Market Share by Country/Region (2018-2023)
    Table 35. Americas Triacetin Sales by Country (2018-2023) & (K MT)
    Table 36. Americas Triacetin Sales Market Share by Country (2018-2023)
    Table 37. Americas Triacetin Revenue by Country (2018-2023) & ($ Millions)
    Table 38. Americas Triacetin Revenue Market Share by Country (2018-2023)
    Table 39. Americas Triacetin Sales by Type (2018-2023) & (K MT)
    Table 40. Americas Triacetin Sales by Application (2018-2023) & (K MT)
    Table 41. APAC Triacetin Sales by Region (2018-2023) & (K MT)
    Table 42. APAC Triacetin Sales Market Share by Region (2018-2023)
    Table 43. APAC Triacetin Revenue by Region (2018-2023) & ($ Millions)
    Table 44. APAC Triacetin Revenue Market Share by Region (2018-2023)
    Table 45. APAC Triacetin Sales by Type (2018-2023) & (K MT)
    Table 46. APAC Triacetin Sales by Application (2018-2023) & (K MT)
    Table 47. Europe Triacetin Sales by Country (2018-2023) & (K MT)
    Table 48. Europe Triacetin Sales Market Share by Country (2018-2023)
    Table 49. Europe Triacetin Revenue by Country (2018-2023) & ($ Millions)
    Table 50. Europe Triacetin Revenue Market Share by Country (2018-2023)
    Table 51. Europe Triacetin Sales by Type (2018-2023) & (K MT)
    Table 52. Europe Triacetin Sales by Application (2018-2023) & (K MT)
    Table 53. Middle East & Africa Triacetin Sales by Country (2018-2023) & (K MT)
    Table 54. Middle East & Africa Triacetin Sales Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Triacetin Revenue by Country (2018-2023) & ($ Millions)
    Table 56. Middle East & Africa Triacetin Revenue Market Share by Country (2018-2023)
    Table 57. Middle East & Africa Triacetin Sales by Type (2018-2023) & (K MT)
    Table 58. Middle East & Africa Triacetin Sales by Application (2018-2023) & (K MT)
    Table 59. Key Market Drivers & Growth Opportunities of Triacetin
    Table 60. Key Market Challenges & Risks of Triacetin
    Table 61. Key Industry Trends of Triacetin
    Table 62. Triacetin Raw Material
    Table 63. Key Suppliers of Raw Materials
    Table 64. Triacetin Distributors List
    Table 65. Triacetin Customer List
    Table 66. Global Triacetin Sales Forecast by Region (2024-2029) & (K MT)
    Table 67. Global Triacetin Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 68. Americas Triacetin Sales Forecast by Country (2024-2029) & (K MT)
    Table 69. Americas Triacetin Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 70. APAC Triacetin Sales Forecast by Region (2024-2029) & (K MT)
    Table 71. APAC Triacetin Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 72. Europe Triacetin Sales Forecast by Country (2024-2029) & (K MT)
    Table 73. Europe Triacetin Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Middle East & Africa Triacetin Sales Forecast by Country (2024-2029) & (K MT)
    Table 75. Middle East & Africa Triacetin Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 76. Global Triacetin Sales Forecast by Type (2024-2029) & (K MT)
    Table 77. Global Triacetin Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 78. Global Triacetin Sales Forecast by Application (2024-2029) & (K MT)
    Table 79. Global Triacetin Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 80. Eastman Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 81. Eastman Triacetin Product Portfolios and Specifications
    Table 82. Eastman Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 83. Eastman Main Business
    Table 84. Eastman Latest Developments
    Table 85. Polynt Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 86. Polynt Triacetin Product Portfolios and Specifications
    Table 87. Polynt Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 88. Polynt Main Business
    Table 89. Polynt Latest Developments
    Table 90. Daicel Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 91. Daicel Triacetin Product Portfolios and Specifications
    Table 92. Daicel Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 93. Daicel Main Business
    Table 94. Daicel Latest Developments
    Table 95. Lanxess Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 96. Lanxess Triacetin Product Portfolios and Specifications
    Table 97. Lanxess Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 98. Lanxess Main Business
    Table 99. Lanxess Latest Developments
    Table 100. BASF Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 101. BASF Triacetin Product Portfolios and Specifications
    Table 102. BASF Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 103. BASF Main Business
    Table 104. BASF Latest Developments
    Table 105. Jiangsu Ruijia Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 106. Jiangsu Ruijia Triacetin Product Portfolios and Specifications
    Table 107. Jiangsu Ruijia Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 108. Jiangsu Ruijia Main Business
    Table 109. Jiangsu Ruijia Latest Developments
    Table 110. Jiangsu Lemon Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 111. Jiangsu Lemon Triacetin Product Portfolios and Specifications
    Table 112. Jiangsu Lemon Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 113. Jiangsu Lemon Main Business
    Table 114. Jiangsu Lemon Latest Developments
    Table 115. Yunnan Huanteng Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 116. Yunnan Huanteng Triacetin Product Portfolios and Specifications
    Table 117. Yunnan Huanteng Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 118. Yunnan Huanteng Main Business
    Table 119. Yunnan Huanteng Latest Developments
    Table 120. Yixing Tianyuan Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 121. Yixing Tianyuan Triacetin Product Portfolios and Specifications
    Table 122. Yixing Tianyuan Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 123. Yixing Tianyuan Main Business
    Table 124. Yixing Tianyuan Latest Developments
    Table 125. Yixing YongJia Chemical Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 126. Yixing YongJia Chemical Triacetin Product Portfolios and Specifications
    Table 127. Yixing YongJia Chemical Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 128. Yixing YongJia Chemical Main Business
    Table 129. Yixing YongJia Chemical Latest Developments
    Table 130. Jiangsu Licheng Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 131. Jiangsu Licheng Triacetin Product Portfolios and Specifications
    Table 132. Jiangsu Licheng Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 133. Jiangsu Licheng Main Business
    Table 134. Jiangsu Licheng Latest Developments
    Table 135. Xinxiang Huayang Basic Information, Triacetin Manufacturing Base, Sales Area and Its Competitors
    Table 136. Xinxiang Huayang Triacetin Product Portfolios and Specifications
    Table 137. Xinxiang Huayang Triacetin Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 138. Xinxiang Huayang Main Business
    Table 139. Xinxiang Huayang Latest Developments
List of Figures
    Figure 1. Picture of Triacetin
    Figure 2. Triacetin Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Triacetin Sales Growth Rate 2018-2029 (K MT)
    Figure 7. Global Triacetin Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Triacetin Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Tobacco Grade
    Figure 10. Product Picture of Industrial Grade
    Figure 11. Product Picture of Food Grade
    Figure 12. Product Picture of Others
    Figure 13. Global Triacetin Sales Market Share by Type in 2022
    Figure 14. Global Triacetin Revenue Market Share by Type (2018-2023)
    Figure 15. Triacetin Consumed in Tobacco
    Figure 16. Global Triacetin Market: Tobacco (2018-2023) & (K MT)
    Figure 17. Triacetin Consumed in Food
    Figure 18. Global Triacetin Market: Food (2018-2023) & (K MT)
    Figure 19. Triacetin Consumed in Foundry
    Figure 20. Global Triacetin Market: Foundry (2018-2023) & (K MT)
    Figure 21. Triacetin Consumed in Others
    Figure 22. Global Triacetin Market: Others (2018-2023) & (K MT)
    Figure 23. Global Triacetin Sales Market Share by Application (2022)
    Figure 24. Global Triacetin Revenue Market Share by Application in 2022
    Figure 25. Triacetin Sales Market by Company in 2022 (K MT)
    Figure 26. Global Triacetin Sales Market Share by Company in 2022
    Figure 27. Triacetin Revenue Market by Company in 2022 ($ Million)
    Figure 28. Global Triacetin Revenue Market Share by Company in 2022
    Figure 29. Global Triacetin Sales Market Share by Geographic Region (2018-2023)
    Figure 30. Global Triacetin Revenue Market Share by Geographic Region in 2022
    Figure 31. Americas Triacetin Sales 2018-2023 (K MT)
    Figure 32. Americas Triacetin Revenue 2018-2023 ($ Millions)
    Figure 33. APAC Triacetin Sales 2018-2023 (K MT)
    Figure 34. APAC Triacetin Revenue 2018-2023 ($ Millions)
    Figure 35. Europe Triacetin Sales 2018-2023 (K MT)
    Figure 36. Europe Triacetin Revenue 2018-2023 ($ Millions)
    Figure 37. Middle East & Africa Triacetin Sales 2018-2023 (K MT)
    Figure 38. Middle East & Africa Triacetin Revenue 2018-2023 ($ Millions)
    Figure 39. Americas Triacetin Sales Market Share by Country in 2022
    Figure 40. Americas Triacetin Revenue Market Share by Country in 2022
    Figure 41. Americas Triacetin Sales Market Share by Type (2018-2023)
    Figure 42. Americas Triacetin Sales Market Share by Application (2018-2023)
    Figure 43. United States Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 44. Canada Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Mexico Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Brazil Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 47. APAC Triacetin Sales Market Share by Region in 2022
    Figure 48. APAC Triacetin Revenue Market Share by Regions in 2022
    Figure 49. APAC Triacetin Sales Market Share by Type (2018-2023)
    Figure 50. APAC Triacetin Sales Market Share by Application (2018-2023)
    Figure 51. China Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Japan Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 53. South Korea Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Southeast Asia Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 55. India Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Australia Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 57. China Taiwan Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 58. Europe Triacetin Sales Market Share by Country in 2022
    Figure 59. Europe Triacetin Revenue Market Share by Country in 2022
    Figure 60. Europe Triacetin Sales Market Share by Type (2018-2023)
    Figure 61. Europe Triacetin Sales Market Share by Application (2018-2023)
    Figure 62. Germany Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 63. France Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 64. UK Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 65. Italy Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Russia Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Middle East & Africa Triacetin Sales Market Share by Country in 2022
    Figure 68. Middle East & Africa Triacetin Revenue Market Share by Country in 2022
    Figure 69. Middle East & Africa Triacetin Sales Market Share by Type (2018-2023)
    Figure 70. Middle East & Africa Triacetin Sales Market Share by Application (2018-2023)
    Figure 71. Egypt Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 72. South Africa Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 73. Israel Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Turkey Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 75. GCC Country Triacetin Revenue Growth 2018-2023 ($ Millions)
    Figure 76. Manufacturing Cost Structure Analysis of Triacetin in 2022
    Figure 77. Manufacturing Process Analysis of Triacetin
    Figure 78. Industry Chain Structure of Triacetin
    Figure 79. Channels of Distribution
    Figure 80. Global Triacetin Sales Market Forecast by Region (2024-2029)
    Figure 81. Global Triacetin Revenue Market Share Forecast by Region (2024-2029)
    Figure 82. Global Triacetin Sales Market Share Forecast by Type (2024-2029)
    Figure 83. Global Triacetin Revenue Market Share Forecast by Type (2024-2029)
    Figure 84. Global Triacetin Sales Market Share Forecast by Application (2024-2029)
    Figure 85. Global Triacetin Revenue Market Share Forecast by Application (2024-2029)

Eastman
Polynt
Daicel
Lanxess
BASF
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Yixing YongJia Chemical
Jiangsu Licheng
Xinxiang Huayang

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape