Propylene Glycol Market Growth Analysis And Opportunities Outlook 2026 | Temix International S.R.L., Royal Dutch Shell PL


Posted October 23, 2020 by dbm1995

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.

 
PROPYLENE GLYCOL Market Competition Leading players have been studied depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit. Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. 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.

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

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
Global propylene glycol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of propylene glycol market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Some of the key questions answered in this report:

– Detailed Overview of PROPYLENE GLYCOL market will help deliver clients and businesses making strategies.

– Influencing factors that thriving demand and latest trend running in the market

– What trends, challenges and barriers will impact the development and sizing of PROPYLENE GLYCOL Market?

– SWOT Analysis of each defined key players along with its profile and Porter’s five forces tool mechanism to compliment the same.

– What growth momentum or acceleration market carries during the forecast period?

– What would be the market share of key countries like United States, France, Germany, UK, China, and Australia & Japan etc.?

– Which region may tap highest market share in coming era?

– What focused approach and constraints are holding the PROPYLENE GLYCOL market tight?

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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Tags propylene glycol market
Last Updated October 23, 2020