Propylene Glycol Market study provides an overview of current statistics and future predictions of the Global Propylene Glycol Market. Few of the major competitors currently working in the propylene glycol market are BASF SE, The DOW Chemical Company, LyondellBasell Industries Holdings B.V., Archer Daniels Midland Company, Huntsman Corporation, Global Bio-Chem Technology Group Company Limited, Dupont Tate & Lyle Bio Products, LLC, SKC Co., Ltd., Asahi Glass Limited, HELM AG, Chaoyang Chemicals, Inc., Temix International S.R.L., Qingdao Shida Chemical Co., Ltd., ADEKA CORPORATION, Royal Dutch Shell PLC., Golden Dyechem, TRInternational, Inc., Oleon NV, Shandong Depu Chemical Industry Science and Technology Co., Ltd and INEOS Oxide among others.
Global propylene glycol market is expected to rise to an estimated value of USD 2,382.59 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
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Propylene glycol is a tasteless, colorless and an odorless liquid, which is also referred as PG with a chemical formula C₃H₈O₂. It is highly soluble, has a high boiling point, less toxic and stable. It is mostly used in plasticizer, hydraulic fluids, electronic cigarettes, medication, processed foods, cosmetic products and many more applications.
Market Drivers:
- Eco-friendly production process; this factor can act as a driver for the market in the forecast period
- Growing demand from Asia-Pacific region will propel the growth of market in near future
- Huge demand of propylene glycol in varied applications; this factor will also drive the market in the forecast period
Market Restraints:
- Demand in switching to petroleum based; this factor will act as a restrain for the market
- High investment in research and development activities will also act as a restrain for the market
By Source (Petroleum-Based, Bio-Based), Application (Antifreeze & Functional Fluids, Unsaturated Polyester Resin, Food, Pharmaceuticals & Cosmetics, Plasticizers, Liquid Detergents) End-User (Building & Construction, pharmaceuticals & cosmetics, transportation and food & beverage)
Relevant features of the study that is being offered with major highlights from the report:
1) Which companies are profiled in current version of the report? Can list of players be customizing based on regional geographies we are targeting.
Few of the major competitors currently working in the propylene glycol market are BASF SE, The DOW Chemical Company, LyondellBasell Industries Holdings B.V., Archer Daniels Midland Company, Huntsman Corporation, Global Bio-Chem Technology Group Company Limited, Dupont Tate & Lyle Bio Products, LLC, SKC Co., Ltd., Asahi Glass Limited, HELM AG, Chaoyang Chemicals, Inc., Temix International S.R.L., Qingdao Shida Chemical Co., Ltd., ADEKA CORPORATION, Royal Dutch Shell PLC., Golden Dyechem, TRInternational, Inc., Oleon NV, Shandong Depu Chemical Industry Science and Technology Co., Ltd and INEOS Oxide among others.
2) What all regional break-up covered? Is it possible to add specific country or region of interest?
Currently, research report gives special attention and focus on following regions: Asia-Pacific, South America, North America, Europe and & Middle East & Africa
3) Can Market be broken down by different set of application and types?
Additional Global Propylene Glycol Market segmentation / Market breakdown is possible subject to data availability, feasibility and depending upon timeline and toughness of survey. However a detailed requirement needs to be prepared before making any final confirmation.
Key Pointers Covered in the Propylene Glycol Market Industry Trends and Forecast
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Healthcare Outcomes
- Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in different regions
- Recent Developments for Market Competitors
- Market upcoming applications
- Market innovators study
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Key Stakeholders Audience Covered:
In order to better analyze value chain/ supply chain of the Industry, a lot of attention given to forward and backward Integration of Propylene Glycol Market
- Propylene Glycol Manufacturers
- Propylene Glycol Distributors/Traders/Wholesalers
- Propylene Glycol Sub-component Manufacturers
- Industry Association
- Downstream Vendors
Data Bridge Market also provides customized specific regional and country-level reports, see below break-ups.
- North America: United States, and Mexico.
- South & Central America: Argentina, LATAM, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia.
Reasons for Buying this Propylene Glycol Report
- Propylene Glycol market report aids in understanding the crucial product segments and their perspective.
- Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Propylene Glycol industry.
- Even the Propylene Glycol economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
- This report provides a more rapid standpoint on various driving facets or controlling Propylene Glycol promote advantage.
- This worldwide Propylene Glycol report provides a pinpoint test for shifting dynamics that are competitive.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like West Europe, North America, MENA Countries, LATAM, Southeast Asia or Asia Pacific.
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