The global Propylene Glycol market was valued at US$ 4429.8 million in 2020 and it is expected to reach US$ 7725.7 million by the end of 2027, growing at a CAGR of 7.8% during 2021-2027.
Propylene Glycol is a synthetic organic compound with the chemical formula C3H8O2. It is a viscous, colorless liquid which is nearly odorless but possesses a faintly sweet taste. Chemically it is classed as a diol and is miscible with a broad range of solvents, including water, acetone, and chloroform.
Global Propylene Glycol Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Propylene Glycol Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are ADM, BASF, DOW, Global Bio-Chem Technology, Lyondellbasell, Huntsman, SKC, Shell, Temix International, Ineos Oxide, AGC, Adeka, Manali Petrochemicals, Qingdao Shida Chemical, Tongling Jintai Chemical Industrial, Dongying Hi-Tech Spring Chemical Industrial, Shandong Depu Chemical Industry Science and Technology, Chaoyang Chemicals, Oleon, Golden Dyechem, Haike Chemical, Helm, Oxyde Belgium, Arrow Chemical, TRI Chemicals and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-propylene-glycol-market-research-report
Segment by Type
- By Source
- Petroleum Propylene Glycol
- Bio-Based Propylene Glycol
- By Grade
- Industrial Grade
- Pharmaceutical Grade
Segment by Application
- Building & Construction
- Food & Beverage
- Cosmetics & Personal Care
Table of Content:
1 Propylene Glycol Market Overview
2 Propylene Glycol Market Competition by Manufacturers
3 Propylene Glycol Retrospective Market Scenario by Region
4 Global Propylene Glycol Historic Market Analysis by Type
5 Global Propylene Glycol Historic Market Analysis by Application
6 Key Companies Profiled
7 Propylene Glycol Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Propylene Glycol Market Dynamics
10 Global Propylene Glycol Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta