Propylene Glycol having a chemical formula CH3CCH2OH is colourless liquid with light sweet in taste. It is used in polymers, building materials and laser printers. This chemical is available in two types that are industrial and pharmaceutical. It is used as a solvent, flavour enhancer, thickener and stabilizer in food products like ice creams and soft drinks. Due to the change in life style there is rise in demand for consumer foods which is driving the market.
Latest added Global Propylene Glycol Market research study by AMA Research offers detailed outlook and elaborates market review till 2025. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Dow (United States), Huntsman (United States), DuPont (United States), ADM (United States), BASF SE (Germany), Sumitomo Chemical (Japan), Polioles S.A. de C.V. (Mexico), Repsol S.A (Spain), Lyondell Basell Industries (Netherlands) and ADEKA (Japan) etc. The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth.
This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Propylene Glycol Market research report include SWOT analysis.
The Global Propylene Glycol segments and Market Data Break Down are illuminated below:
by Type (Petroleum – based, Bio -based), Application (Food & beverage, Cosmetics & personal care, Pharmaceutical, Building & construction, Automotive, Others.), Grade (Industrial grade, Pharmaceutical grade)
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- Rising use of cosmetics and personal care product in developed and developing countries
- Usage of product as coolant and antifreeze in a rising automobile industry
- Innovation of bio based propylene glycol is increasing the revenue of the market
- Rising usage of propylene glycol in automobile, chemical, food and aerospace industry
- High prices associated with raw materials and low availability
- Government regulations on the usage of propylene glycol in food and other industry
- Growth of industrialization and urbanization in developing countries
- Rising pharmaceutical industry owing to the use in food and beverage
- High investments in Research and development
The regional analysis of Global Propylene Glycol Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2020-2025.
Limited scope research document specific to Country or Region meeting your business objective.
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Strategic Points Covered in Table of Content of Global Propylene Glycol Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Propylene Glycol market
Chapter 2: Exclusive Summary – the basic information of the Propylene Glycol Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Propylene Glycol
Chapter 4: Presenting the Propylene Glycol Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Propylene Glycol market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Propylene Glycol Market is a valuable source of guidance for individuals and companies.
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