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Covid19 update: Propylene Glycol Market to set Phenomenal Growth | Royal Dutch Shell PLC.

Propylene Glycol Market Growth Factors, Product Types, Applications, Revenue Strategy. The study highlights detailed assessment of the Market and display market sizing trend by revenue & volume (if applicable), current growth factors, facts, expert opinions and industry validated market development data. 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. The rise in the market value can be attributed to the growing demand from Asia-Pacific region and eco-friendly production process.

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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)

Table of Contents:-

  • Propylene Glycol Market Overview
  • Company Profiles
  • Global Propylene Glycol Market Competition, by Players
  • Global Propylene Glycol Market Size by Regions
  • North America Propylene Glycol Revenue by Countries
  • Europe Propylene Glycol Revenue by Countries
  • Asia-Pacific Propylene Glycol Revenue by Countries
  • South America Propylene Glycol Revenue by Countries
  • The Middle East and Africa Revenue Propylene Glycol by Countries
  • Global Propylene Glycol Market Segment by Type
  • Global Propylene Glycol Market Segment by Application
  • Research Findings and Conclusion
  • Appendix

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In order to better analyze value chain/ supply chain of the Industry, a lot of attention given to backward & forward Integration

– Propylene Glycol Manufacturers

– Propylene Glycol Distributors/Traders/Wholesalers

– Propylene Glycol Sub-component Manufacturers

– Industry Association

– Downstream Vendors

Highlights of the worldwide Propylene Glycol Market Report:

Imperative alteration of the market dynamics

Broad-gauge analysis of the parent market

Market share study

Estimate the role of business growth and advancement

Current, historic, and future research in terms of importance and volume

Main strategies of the foremost important players

Reasons to access this Report:

  • Get to know opportunities and plan strategies by having a strong understanding of the investment opportunities in the Propylene Glycol Market
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest reports.
  • Identification of key parameter driving investment opportunities in the Propylene Glycol Market
  • Identify key partners and business development avenues
  • Respond to your competitors’ business structure, strategy and prospects
  • Identify key strengths and weaknesses of important market participants

Position yourself to gain the maximum advantage of the industry’s growth potential

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, West Europe, MENA Countries, Southeast Asia or Asia Pacific.

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