Propylene Glycol Market was valued at USD 4.8 billion in 2021 and is expected to grow at a CAGR of 7% between 2022 and 2028. Propylene glycol is a synthetic liquid substance that absorbs water. Propylene glycol is also used to make polyester compounds and as a base for de-icing solutions. Propylene glycol is used in the chemical, food and pharmaceutical industries as an antifreeze, where leaks can lead to contact with food.
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Top Major Key Players Industries
The Dow Chemical Company
BASF SE
Shell Chemicals
Repsol S.A.
Archer Daniels Midland Company
LyondellBasell Industries Holdings B.V.
Others
By applications
Unsaturated Polyester Resins
Functional Fluids
Food, Drug, and Cosmetics
Liquid Detergent
Paints and Coating
Others
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Scope of the Report
The research study analyzes the global Propylene Glycol Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Propylene Glycol Market Report
1. What was the Propylene Glycol Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Propylene Glycol Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Propylene Glycol Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Propylene Glycol market.
• The market share of the global Propylene Glycol market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Propylene Glycol market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Propylene Glycol market.
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