Global Propylene Glycol Market Overviews

Maximize Market Research is an Global Propylene Glycol research firm that has published a detailed analysis of the “Global Propylene Glycol Market”. MMR'sin-depth market assessments in research reports consider significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Global Propylene Glycol market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.

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Global Propylene Glycol Market Scope and Methodology:

The research methodology adopted a blend of primary and secondary approaches to Global Propylene Glycol market data. Primary techniques, like surveys, interviews, and on-the-ground market observations, provided direct access to first-hand market insights, offering valuable depth. Secondary methods, such as industry reports, corporate websites, and news sources, supplied additional context and background information. The study delved into the Global Propylene Glycol Market via commercial analysis, considering factors like revenue, financial health, service offerings, technological advancements, and corporate transactions. The holistic approach offers a thorough understanding of the market landscape, empowering stakeholders, investors, and industry participants to formulate effective investment and marketing strategies.

Global Propylene Glycol Market Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Global Propylene Glycol market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Global Propylene Glycol market status of the various countries featured in the research is provided by the Regional Analysis.

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Global Propylene Glycol Market Segmentation

by Source

Petroleum-based Propylene Glycol
Bio-based Propylene Glycol

By Source, Petroleum-based Propylene Glycol is the dominating segment in the global propylene glycol market. Petroleum-based propylene glycol held more than 50% of the market share and it is expected to lead the global market over a forecast period due to increasing use in the transportation and construction industries. Petroleum-based Propylene has wide usage in automobiles and transportation as a mechanical fluid and lubricant which has a limited petroleum and petrochemical producer to supply the global demand.


by Application

Unsaturated Polyester Resin
Food, Pharmaceuticals & Cosmetics
Antifreeze & Functional Fluid
Liquid Detergents
Plasticizers
Others

By Application, Unsaturated polyester resins are dominating the global Propylene Glycol Market and it is expected to grow with a CAGR of 3.7% during the forecast period, followed by antifreeze, functional liquids, and pharmaceuticals. The growing construction and construction industry, coupled with increased investment in infrastructure development in emerging markets, is driving the growth of the propylene glycol market in the use of unsaturated polyester resins.


by End User

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

By End-User Industry, Transportation is the dominating Segment in Global Propylene Glycol Market with more than 35% of share in the global market. Due to development in transportation and automobile industry and wide usage of polypropylene in deicing fluid, Coolant, Hydraulic and Brake Fluid which drives the growth of polypropylene glycol usage in the transportation segment. The Segment is expected to grow at a CAGR of 5.6% throughout the forecasted period.

Global 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.
17.Dongying Hi-tech Spring Chemical Industrial Co., Ltd.
18.Shandong Depu Chemical Industry Science and Technology Co., Ltd
19.Chaoyang Chemicals, Inc.
20.Oleon Nv
21.Golden Dyechem
22.Haike Chemical Group
23.Helm AG
24.Oxide Belgium B.V.
25.Arrow Chemical Group Corp.
26.Trinternational, Inc.

Key questions answered in the Global Propylene Glycol Market are:

What is Global Propylene Glycol ?
What was the Global Propylene Glycol market size in 2023?
What is the growth rate of the Global Propylene Glycol Market?
Which are the factors expected to drive the Global Propylene Glycol market growth?
What are the different segments of the Global Propylene Glycol Market?
What growth strategies are the players considering to increase their presence in Global Propylene Glycol ?
What are the upcoming industry applications and trends for the Global Propylene Glycol Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Global Propylene Glycol Market?
Who are the leading companies and what are their portfolios in Global Propylene Glycol Market?
What segments are covered in the Global Propylene Glycol Market?
Who are the key players in the Global Propylene Glycol market?


Global Propylene Glycol Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Key Offerings:

Past Market Size and Competitive Landscape (2024−2030)
Past Pricing and price curve by region (2024−2030)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
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
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 medical devices, pharmaceutical manufacturers, 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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