PROPYLENE GLYCOL Market Industry Future Growth, Latest Technology, New Demands, Business Challenges,

Author : Ash Sute | Published On : 20 Dec 2023

Propylene Glycol market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in this industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of this industry. The data of this Propylene Glycol report is represented with the tables, charts and graphs for better understanding.

In this market research report, a market study and overview is carried out by taking into account market drivers, market restraints, opportunities and challenges for a particular business. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa. This helps delineate strategies for the product distribution in those areas. Propylene Glycol market report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. This superior Propylene Glycol market report is presented with a full devotion and dedication to the clients that extend their reach to success.

Data Bridge Market Research analyses that the global propylene glycol market which was USD 4.29 billion in 2022, is expected to reach USD 6.10 billion by 2030, and is expected to undergo a CAGR of 4.52% during the forecast period of 2023 to 2030. “Petroleum-Based Propylene Glycol” dominates the source segment of the global propylene glycol market due to established production infrastructure and cost advantages. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

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Driver:

Usage in Transportation Industry

Propylene glycol is used in hydraulic fluids and fire-resistant brake as a coolant in the transportation sector for engine cooling, as a raw material for de-icing planes, and as a heat transfer fluid for high-temperature applications.

Some key players mentioned in the report are:

Dow (U.S.), LyondellBasell Industries N.V. (Netherlands), BASF SE (Germany), ADM (U.S.), Global Bio-chem Technology Group Company Limited (China), DuPont Tate and Lyle Bio Products (U.S.), SKC (South Korea), Temix Oleo (Italy), INEOS Oxide (Switzerland), Huntsman International L.L.C (U.S.), ADEKA CORPORATION (Japan), Chaoyang Chemicals, Inc. (U.S.), Manali Petrochemicals Limited (India), Haike Chemical Group Co., Ltd. (China), Arch Chemicals Inc (U.S.), Repsol (Spain), Midland Company (U.S.), Helm AG (Germany), Shell Plc (U.K.)

Key Insights that Study is going to provide:

  • The 360-degree Propylene Glycol overview based on a global and regional level
  • Market Share & Sales Revenue by Key Players & Emerging Regional Players
  • A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
  • May vary depending upon availability and feasibility of data with respect to Industry targeted
  • Patent Analysis** No of patents / Trademark filed in recent years.
  • A complete and useful guide for new market aspirants
  • Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
  • Various Propylene Glycol industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

Dow (U.S.), LyondellBasell Industries N.V. (Netherlands), BASF SE (Germany), ADM (U.S.), Global Bio-chem Technology Group Company Limited (China), DuPont Tate and Lyle Bio Products (U.S.), SKC (South Korea), Temix Oleo (Italy), INEOS Oxide (Switzerland), Huntsman International L.L.C (U.S.), ADEKA CORPORATION (Japan), Chaoyang Chemicals, Inc. (U.S.), Manali Petrochemicals Limited (India), Haike Chemical Group Co., Ltd. (China), Arch Chemicals Inc (U.S.), Repsol (Spain), Midland Company (U.S.), Helm AG (Germany), Shell Plc (U.K.)

The countries covered in the Global 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.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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