Biotechnological Applications of Biomass 2021
DOI: 10.5772/intechopen.93965
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Market Prospecting and Assessment of the Economic Potential of Glycerol from Biodiesel

Abstract: Glycerol from biodiesel is a potential raw material for synthesis of several products with high added value. The world demand and the market value of these products are important information for defining the best investment for the implantation of a biorefinery. The information is available on websites of social associations, production companies and market consulting companies and can be mined, free of charge. The International Trade Center (ITC), with information on world trade and websites linked to the for… Show more

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Cited by 23 publications
(16 citation statements)
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“…The purification process is energy intensive and further adds to the economic stress of biodiesel production. In 2019, the price of crude glycerol plummeted to $170/t while purified glycerol was traded at an average of $895/ton . Significant attention has been drawn to synthesizing value added chemicals from crude glycerol via different catalytic (oxidation, dehydration, dehydrogenation, etc.)…”
Section: Introductionmentioning
confidence: 99%
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“…The purification process is energy intensive and further adds to the economic stress of biodiesel production. In 2019, the price of crude glycerol plummeted to $170/t while purified glycerol was traded at an average of $895/ton . Significant attention has been drawn to synthesizing value added chemicals from crude glycerol via different catalytic (oxidation, dehydration, dehydrogenation, etc.)…”
Section: Introductionmentioning
confidence: 99%
“…In 2019, the price of crude glycerol plummeted to $170/t while purified glycerol was traded at an average of $895/ton. 12 Significant attention has been drawn to synthesizing value added chemicals from crude glycerol via different catalytic (oxidation, dehydration, dehydrogenation, etc.) and biological (aerobic, anaerobic) pathways.…”
Section: ■ Introductionmentioning
confidence: 99%
“…Crude glycerol, a major byproduct of the biodiesel process in the transesterification of animal fats and vegetable oils, has been widely examined for waste conversion to produce value-added chemicals [1,2]. During every 9 kg of biodiesel synthesis, approximately 1 kg of crude glycerol is produced as a byproduct.…”
Section: Introductionmentioning
confidence: 99%
“…Although several successful glycerol conversion studies have been reported, further improvement is still required because of the relatively high purification cost [4]. Pure glycerol costs 7.5 times more than its crude counterpart at the current market price (Table 1) [2,5]; this implies that the additional glycerol purification process is complicated and expensive. Therefore, several studies have reported direct bioconversion of nonpurified crude glycerol to value-added products, such as hydrogen, methane, fatty acids, and 1,3-propanediol [6][7][8][9][10][11].…”
Section: Introductionmentioning
confidence: 99%
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