Glycerol monolaurate usually follows the price patterns of its feedstock materials, glycerol, and lauric acid. During the period of the first quarter of 2024, the glycerol monolaurate market in Asia saw significant fluctuations, initially motivated by the rising palm oil prices in the early phase. Thereby, the price dynamics remained weak for the majority of the said duration. Even though in the latter phase the feedstock prices started normalizing, while the energy and crude oil prices too continued to support the upstream costs, the dull downstream consumption remained a cause of concern.
In the global market, the trading challenges were exacerbated by geopolitical tensions and logistical issues such as lost shipments due to Houthi attacks and disruptions in the Panama Canal, which affected Asian export rates and overall pricing patterns of glycerol monolaurate.
Conversely, in Europe, the glycerine market faced a downturn due to an oversupply triggered by seasonal demand fluctuations in key importing regions like Indonesia, Malaysia, and Thailand, and increased production levels that outstripped domestic demand. The situation was compounded by falling palm oil and soybean prices. Overall, a very mixed price trajectory was witnessed for glycerol monolaurate during Q1’24.
Analyst Insight
According to Procurement Resource, the current inventories are sufficient to support the Glycerol Monolaurate demands for a while. Therefore, the prices will take some time to improve again.
Procurement Resource provides latest prices of Glycerol Monolaurate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
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Glycerol monolaurate (GML) is a compound derived from lauric acid and glycerin, commonly used as an emulsifier, preservative, and surfactant. It appears as a white, waxy solid with antimicrobial properties, making it effective against bacteria, viruses, and fungi. GML is widely utilized in the food industry to improve texture and extend shelf life, in cosmetics for its skin-conditioning and antimicrobial effects, and in pharmaceuticals as an excipient. Its safety and versatility make it a valuable ingredient across multiple industries.
C15H30O4
Food Additive, Cosmetic Ingredient, Pharmaceutical Excipient, Antimicrobial Agent, Emulsifier, Personal Care Products, Surfactant
Fine Organics, Colonial Chemical, Jeen International, Lonza, Oleon NV, Protameen Chemicals, BASF, Riken Vitamin, Lasenor
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The preparation of glycerol monolaurate begins with the chemical reaction between glycerol and lauric acid. The process leads to the esterification of glycerol in the presence of a strong acidic medium such as sulfuric acid or hydrochloric acid. The reactions lead to the formation of glycerol monolaurate ester as the final product.
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