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The global glycerin (glycerol) market is undergoing a profound transformation from a traditional biodiesel by-product to a high-value refined chemical, as sustainability trends and downstream demand reshape supply chains. According to QYResearch data, the global glycerin market reached USD 27.66 bil

China’s Daqing Petrochemical Company, a subsidiary of PetroChina, has significantly ramped up production of 58# fully refined paraffin wax in May 2026 , adding over 5,000 tonnes of high-grade output and generating an additional USD 840,000 in profits , according to company reports. The move comes am

The global polyethylene (PE) market is facing a significant oversupply threat as China prepares to launch 4.2 million tonnes per annum (Mt/year) of new LLDPE capacity in the second half of 2026 , according to industry analysts. PE, the most widely produced plastic globally, includes low-density (LDP

The European polypropylene (PP) market suffered a sharp demand collapse in May 2026, with distributors and converters reporting widespread market inactivity amid rising inventory levels, falling spot prices, and weak industrial sentiment. PP, a versatile thermoplastic polymer derived from propylene

The global citric acid market is experiencing significant supply chain disruption and price volatility as China tightens export supervision in 2026. China controls approximately 65–70% of global citric acid production capacity , making its export policies a primary driver of international market dyn