Propylene Glycol Market Overview
The Propylene Glycol market research is based on forecasts from major organizations as well as market statistics. The Propylene Glycol analysis at global, regional and national market levels has been provided in the report with the competitive scenario for predicted periods and individual firm valuations.
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Propylene Glycol Market Segmentation
According to Source, In the worldwide propylene glycol market, petroleum-based propylene glycol has the leading position. Due to its growing usage in the transportation and construction sectors, petroleum-based propylene glycol, which accounted for more than 50% of the market share, is anticipated to dominate the worldwide market during the course of the projected period. Petroleum-based propylene is widely used as a mechanical fluid and lubricant in cars and other forms of transportation, but there aren't enough producers of petroleum and petrochemicals to meet the world's demand.
by Source
Petroleum-based Propylene Glycol
Bio-based Propylene Glycol
by Application
Unsaturated Polyester Resin
Food, Pharmaceuticals & Cosmetics
Antifreeze & Functional Fluid
Liquid Detergents
Plasticizers
Others
by End User
Industry Transportation
Building & Construction
Pharmaceuticals & Cosmetics
Food & Beverage
Others
Propylene Glycol Market Key Players
1. Archer Daniels Midland Company
2. BASF SE
3. The DOW Chemical Company
4. Global Bio-Chem Technology Group Co., Ltd.
5. LyondellBasell Industries N.V.
6. Huntsman Corporation
7. SKC Co., Ltd.
8. Royal Dutch Shell PLC.
9. Remix International S.R.L.
10.Dupont Tate & Lyle Bio Products Company, LLC
11.Ineos Oxide
12.Asahi Glass Co., Ltd.
13.Adeka Corporation
14.Manali Petrochemicals Limited
15.Qingdao Shida Chemical Co., Ltd.
16.Tongling Jintai Chemical Industrial Co., Ltd.
17.Dongying Hi-tech Spring Chemical Industrial Co., Ltd.
18.Shandong Depu Chemical Industry Science and Technology Co., Ltd
19.Chaoyang Chemicals, Inc.
20.Oleon Nv
21.Golden Dyechem
22.Haike Chemical Group
23.Helm AG
24.Oxide Belgium B.V.
25.Arrow Chemical Group Corp.
26.Trinternational, Inc.
Propylene Glycol Market Report Scope and Research Methodology
The main objective of this report is to identify and analyze the profiles of the leading players operating in the global Propylene Glycol market. The bottom-up approach was used to estimate the global and regional Propylene Glycol market size. The report provides historical, current, and future data on the Propylene Glycol market, based on company, segments, and regional distribution. This data was collected through exhaustive primary and secondary research.
The report also provides a detailed analysis of Propylene Glycol industry trends and developments, including market drivers, restraints, opportunities, and challenges. PESTLE, PORTER, and SWOT analyses were used by MMR to obtain accurate insights and understand the Propylene Glycol market from different perspectives.
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Propylene Glycol Market Regional Insights
The regional analysis in the report provides insights into the Propylene Glycol market in different countries. The report covers the following regions:
North America: The United States, Canada, and Mexico
Europe: France, Netherlands, Switzerland, United Kingdom, Germany, Russia, Belgium, Turkey, Spain, Italy, and Rest of Europe
Asia Pacific: China, India, Japan, South Korea, Malaysia, Singapore, Thailand, Australia, Indonesia, Philippines, and Rest of Asia Pacific
Middle East and Africa: Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of Middle East and Africa
South America: Argentina, Brazil, and Rest of South America
The report provides a detailed analysis of the Propylene Glycol market in each region, including market size, growth drivers, and challenges. This information can be used by businesses to identify opportunities and challenges in different markets and make informed decisions about their international expansion strategies.
Key questions answered in the Propylene Glycol Market are:
- Which segment dominated the global Propylene Glycol market?
- How the Propylene Glycol market segments are expected to develop in the global market?
- Who are the major players in the industry that are expected to dominate the global Propylene Glycol market?
- How have the most successful companies in the Propylene Glycol industry planned for future growth and expansion?
- What are the Propylene Glycol emerging trends in the Propylene Glycol market?
- What was the Propylene Glycol market size in 2023?
- Which region held the largest Propylene Glycol market share in 2023?
Key Offerings:
- Market Share and Size
- Market Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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