Glycerol is an important byproduct of biodiesel production, and it is produced in significant amounts by transesterification of triglycerides with methanol. Due to the highly functionalized nature of glycerol, it is an important biochemical that can be utilized as a platform chemical for the production of high-added-value products. At present, research groups in academia and industry are exploring potential direct processes for the synthesis of useful potential chemicals using catalytic processes. Over the last 10 years, there has been huge development of potential catalytic processes using glycerol as the platform chemical.