Glycerol, commonly known as glycerin, is a triol molecule found in both plant and animal lipids. It’s a substance that’s utilised in dermatological treatments. It has mostly been utilised as a biofuel in recent years.Glycerol has the chemical formula C3H8O3 and the extended formula CH2OH-CHOH-CH 2OH. 1, 2, 3- Trihydroxypropane or 1, 2, 3- Propanetriol is the IUPAC designation for glycerol. It has a molar mass of 92.09 grammes per mol-1.