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Propylene Glycol Market Industry Share, Growth, Development and Demand Forecast to 2029

Propylene Glycol Market Overview

The Propylene Glycol market report published by Maximize Market Research offers a comprehensive analysis of the global market in 2022. It covers various factors including type, distribution channel, end-user and industry vertical in the Propylene Glycol market. The report also provides a forecast up to 2029, along with detailed data on mergers and acquisitions, recent developments, and business strategies adopted by key companies. ThisPropylene Glycol market report serves as a valuable resource for new market entrants seeking insights into the industry.

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Propylene Glycol Market size was valued at US$ 4.14 Bn. in 2021 and transportation is one of the dominating segments reviewed in our report and dominating the Global Polypropylene Market.

Propylene Glycol Market Scope

MMR's research provides a detailed analysis of the Propylene Glycol market, covering market size, market share, revenue, business strategies, and recent developments of major players. The report offers valuable strategies for new market entrants and established companies alike. Data for the Propylene Glycol market were collected through primary and secondary research methods and analyzed using SWOT analysis, PESTLE analysis, and PORTER's five force model. This provides insights into drivers, restraints, opportunities, and regional trends in key geographic regions such as North America, South America, Asia Pacific, the Middle East and Africa, and Europe.

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Segmentation

by Source

• Petroleum-based Propylene Glycol
• Bio-based Propylene Glycol

According to a source, the petroleum-based propylene glycol market dominates the rest of the world. Propylene glycol derived from petroleum owned more than 50% of the market share, and due to its rising application in the construction and transportation sectors, it is anticipated to dominate the global market during the coming years.
by Application

• Unsaturated Polyester Resin
• Food, Pharmaceuticals & Cosmetics
• Antifreeze & Functional Fluid
• Liquid Detergents
• Plasticizers
• Others
Unsaturated polyester resins dominate the worldwide propylene glycol market by application, and they are anticipated to rise with a CAGR of 3.7% over the course of the forecast period. They are followed by medicines, functional liquids, and antifreeze.

by End User Industry

• Transportation
• Building & Construction
• Pharmaceuticals & Cosmetics
• Food & Beverage
• Others

With more than 35% of the global market share, the Transportation end-user industry dominates the global propylene glycol market. Due to advancements in the automotive and transportation sectors and the widespread use of polypropylene in deicing fluid

Key Players

• Archer Daniels Midland Company
• BASF SE
• The DOW Chemical Company
• Global Bio-Chem Technology Group Co., Ltd.
• LyondellBasell Industries N.V.
• Huntsman Corporation
• SKC Co., Ltd.
• Royal Dutch Shell PLC.
• Remix International S.R.L.
• Dupont Tate & Lyle Bio Products Company, LLC
• Ineos Oxide
• Asahi Glass Co., Ltd.
• Adeka Corporation
• Manali Petrochemicals Limited
• Qingdao Shida Chemical Co., Ltd.
• Tongling Jintai Chemical Industrial Co., Ltd.
• Dongying Hi-tech Spring Chemical Industrial Co., Ltd.
• Shandong Depu Chemical Industry Science and Technology Co., Ltd
• Chaoyang Chemicals, Inc.
• Oleon Nv
• Golden Dyechem

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Table Of Content:

1. Global Propylene Glycol Market: Research Methodology

2. Global Propylene Glycol Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Propylene Glycol Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry

3. Global Propylene Glycol Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact

4. Global Propylene Glycol Market Segmentation
• Global Propylene Glycol Market, by Source (2022-2029)
• Global Propylene Glycol Market, by End User Industry (2022-2029)
• Global Propylene Glycol Market, by Application (2022-2029)

5. RegionalPropylene Glycol Market(2022-2029)
• RegionalPropylene Glycol Market, by Source (2022-2029)
• RegionalPropylene Glycol Market, by End User Industry (2022-2029)
• Regional Propylene Glycol Market, by Application (2022-2029)
• RegionalPropylene Glycol Market, by Country(2022-2029)

6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Regional Analysis

The MMR report provides a comprehensive analysis of the Propylene Glycol market in key geographic regions, including North America, South America, Asia Pacific, the Middle East and Africa, and Europe. It examines factors such as product penetration, manufacturing locations, and the cost of raw materials unique to each region. Moreover, the report emphasizes the significance of value chain analysis as a vital indicator for predicting the future of the Propylene Glycol market in every country.

Key Questions answered in the Propylene Glycol Market Report are:

What is Propylene Glycol Market?
What is the forecast period of the Propylene Glycol Market?
What is the competitive scenario of the Propylene Glycol market?
Which region held the largest market share in the Propylene Glycol Market?
What are the opportunities for the Propylene Glycol Market?
What are the restraining factors in the Propylene Glycol market?
Who are the key players of the Propylene Glycol market?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Propylene Glycol.
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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