Propylene Glycol Market size was valued at US$ 4.51 Bn. in 2023 and transportation is one of the dominating segments reviewed in our report and dominating the Global Polypropylene Market.

Propylene Glycol Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Propylene Glycol Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Propylene Glycol Market.

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Propylene Glycol Market Scope and Methodology:

The Propylene Glycol Market requires a mix of both qualitative and quantitative research methods. Propylene Glycol Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Propylene Glycol market. The bottom-up approach was used to determine the global and regional Propylene Glycol market sizes.

Propylene Glycol Market Regional Insights:

The Propylene Glycol Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Propylene Glycol Market Segmentation:

 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

The global propylene glycol market is dominated by unsaturated polyester resins and is anticipated to expand at a compound annual growth rate (CAGR) of 3.7% over the course of the forecast period. Antifreeze, functional liquids, and medicines will follow. The market for propylene glycol in the usage of unsaturated polyester resins is expanding due to the expanding construction sector and rising investments in infrastructure development in emerging regions.

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.

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Key questions answered in the Propylene Glycol Market are:

• What is Propylene Glycol?
• What is the growth rate of the Propylene Glycol Market?
• Which are the factors expected to drive the Propylene Glycol Market growth?
• What are the upcoming opportunities and trends for the Propylene Glycol Market?
• Who are the leading companies and what are their portfolios in Propylene Glycol Market? 
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Propylene Glycol Market?
• Who are the key players in the Propylene Glycol Market?
• What are the different segments of the Propylene Glycol Market?
• Which is the fastest growing region in the Propylene Glycol Market?
• What growth strategies are the players considering to increase their presence in Propylene Glycol?
• What is the CAGR at which the Propylene Glycol Market will grow during the forecast period?
• What segments are covered in the Propylene Glycol Market?

To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/global-propylene-glycol-market/33146/ 

Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment 
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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