Propylene Glycol Market size, Drivers, Challenges, And Impact On Growth and Demand Forecast in 2029

Data Bridge Market Research analyses that the propylene glycol market was valued at USD 4.14 billion in 2021 and is expected to reach USD 5.84 billion by 2029, registering a CAGR of 4.40 % during the forecast period of 2022 to 2029.

Propylene Glycol Market is expected to grow at a CAGR of 4.40% during the forecast period of 2029

A rising competition in every field is causing businesses to face several challenges. It becomes easy to recognize how the market is going to act upon in the forecast years with the data and information about market definition, classifications, applications, and engagements covered in Propylene Glycol Market business report. The vital market insights of the report help business make data-driven decisions as well as guarantees maximum return on investment (ROI). This is the best example of professional and comprehensive market report that focuses on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis.

Global Propylene Glycol Market, By Source (Petroleum-Based Propylene Glycol, Bio-Based Propylene Glycol), Grade (Antifreeze and Functional Fluids, Unsaturated Polyester Resin, Food, Pharmaceuticals and Cosmetics, Plasticizers, Liquid Detergents) End User (Building and Construction, Pharmaceuticals and Cosmetics, Transportation, Food and Beverages) – Industry Trends and Forecast to 2029

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Global Propylene Glycol Market Analysis and Size

Propylene glycol is a viscous compound and it is colourless liquid with odourless but possesses a faintly sweet taste. Polypropylene glycol is a main constituent in the manufacture of polymers.  Propylene glycol are, 1,2-propanediol, methyl glycol, 1,2-dihydroxypropane and trimethyl glycol. Propylene glycol is, slightly syrupy liquid at room temperature. It may exist in air in the vapour form, although propylene glycol must be briskly shaken or heated to produce a vapour. Propylene glycol is practically tasteless and odourless.

This propylene glycol market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. 

Global Propylene Glycol Market Scope

The propylene glycol market is segmented on the basis of source, grade and end-user. 

Source

  • Petroleum-Based Propylene Glycol
  • Bio-Based Propylene Glycol

 Grade

  • Antifreeze and Functional Fluids
  • Unsaturated Polyester Resin
  • Food

End User

  • Building and Construction
  • Pharmaceuticals and Cosmetics
  • Transportation

Competitive Landscape and Propylene Glycol Market Share Analysis

Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. 

For an estimated forecast period of 2022 to 2029, the report displays CAGR values for the Materials & Packaging industry which helps find out costing and investment values or strategies. A chapter on the global market and all of its associated companies along with their profiles makes this report wider in scope. Furthermore, influencing factors such as market drivers, market restraints and competitive analysis have been studied in the report with the use of SWOT analysis. Propylene Glycol Market business report evaluates the Materials & Packaging industry with respect to general market conditions, market status, market improvement, key developments, cost and profit of the specified market regions, position, and comparative pricing between major players.

Propylene Glycol Market Country Level Analysis

The countries covered in the propylene glycol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Some of the major players operating in the Propylene Glycol Market are:

  • Dow (US)
  • LyondellBasell Industries N.V. (Netherlands)
  • BASF SE (Germany)
  • ADM (US)
  • Global Bio-chem Technology Group Company Limited (China)
  • DuPont Tate & Lyle Bio Products (US)
  • SKC (South Korea)
  • Temix Oleo (Italy)
  • INEOS Oxide (Switzerland)
  • Huntsman International L.l..C (U.S.)

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Propylene Glycol Market

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https://www.databridgemarketresearch.com/toc/?dbmr=global-propylene-glycol-market

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