Bio-Based Propylene Glycol to Be the Newest Median for Attractive Growth Prospects

Dublin, Ireland, 2022-Dec-23— /EPR Network/ —

The global Propylene Glycol market is likely to be valued at US$ 4.3 Billion in FY 2022, up from US$ 4.13 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 4.1%. From 2022 to 2032, propylene glycol sales are poised to flourish at a CAGR of 4.2% to reach a value of US$ 6.5 Billion by the end of 2032.

Propylene Glycol market research study will aid a lot of producers in defining and expanding their global demand. Furthermore, this research study examines historical data and forecasts to estimate the entire market size based on a global scenario. The market segment covers micro and macro trends, main developments, companies/distributors in the market, and their usage and penetration across a variety of end-users.

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Key Companies Profiled

• Dow
• BASF SE
• Sumitomo Chemical Co. Ltd.
• Exxon Mobil Corporation
• INEOS
• LyondellBasell Industries Holdings B.V.
• SABIC
• Asahi Kasei Corporation,
• China Petrochemical Corporation,
• Chevron Phillips Chemical Company,
• Manali Petrochemical
• AGC Chemicals,
• Royal Dutch Shell,
• Oleon NV

Propylene Glycol market report includes market size data as well as important market drivers, constraints, opportunities, and threats that are projected to influence the global market growth. According to the research assessment, geographic and business data will become increasingly important in the next years. This sector is also thoroughly described in the report, as is the documented progress during the anticipated timeframe.

Furthermore, the assessment considers the significance of a number of significant aspects that have lately been maintained in corporate compensation. The report investigates market segmentation as well as the numerous lucrative opportunities accessible. Multi-featured commodity offerings, according to the assessment, would have a big beneficial influence on the ‘Propylene Glycol,’ adding significantly to market expansion throughout the predicted period.

What insights this research provides to readers?

• Propylene Glycol fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Propylene Glycol player.
• Various regulations imposed by the governments on the consumption of Propylene Glycol in detail.

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This industry study shines because it makes effective use of well-known statistical tools and coherent models for the analysis and forecasting of market data. The document was created with consideration for companies of all sizes. The issue of time-consuming techniques for gathering market information is easily and swiftly solved by the Propylene Glycol analysis report. With the help of this comprehensive market research report, the company may reach its maximum potential for growth. With the use of great research techniques and practice models, clients can learn about the best chances for market success.

 What are impelling reasons for buying this report?

• Global Propylene Glycol Market prognosis for the present and the future in both developed and developing markets
• Both the market segment with the largest projected share and the market segment with the highest CAGR throughout the projection period
• Countries and regions anticipated to experience the fastest development throughout the projected period
• The most recent innovations, market shares, and tactics used by the leading market players
• Adjustment of the Report
• The report contains all of the segmentation seen above across all of the nations indicated.

Propylene Glycol Market: Segmentation

• Propylene Glycol Market by Source :
  • Petroleum Propylene Glycol
  • Bio-Based Propylene Glycol
• Propylene Glycol Market by Type :
  • Industrial Grade Propylene Glycol
  • Food Grade Propylene Glycol
  • Pharma Grade Propylene Glycol
• Propylene Glycol Market by End Use :
  • Chemical Intermediary (Unsaturated Polyester Resins, Functional Fluids & Antifreezes)
  • Cosmetic and Personal Care Products
  • Consumer Goods (Liquid Detergents)
  • Food
  • Pharmaceuticals
• Propylene Glycol Market by Primary Function :
  • Propylene Glycol as Emollients (Softener)
  • Propylene Glycol as Solvents
  • Propylene Glycol as Stabilizing Agents
  • Propylene Glycol as Preservative Agents
  • Propylene Glycol as Humectants (Binding Agent)
  • Propylene Glycol as Excipients (Bulking Agent)
  • Others
• Propylene Glycol Market by Region :
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East & Africa

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 Key Questions Covered in the Propylene Glycol Market Report

• How key market players in the Propylene Glycol market are maintaining their competitive advantage in the wake of globalization?
• What changing market dynamics in the Propylene Glycol market specify about the future opportunities for manufacturers?
• How Covid-19 pandemic affected sales in the Propylene Glycol market and what strategies are expected to recover from its impact?
• What business tactics are gaining attention and influencing Propylene Glycol market rivalry?

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