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Propylene Glycol is a synthetic liquid substance that absorbs water. Propylene glycol is clear, colorless, slightly syrupy liquid at room temperature. Propylene glycol is practically odorless and tasteless. Propylene glycol is used to make polyester compounds. Propylene glycol is used by the chemical, food, and pharmaceutical industries as an antifreeze when leakage might lead to contact with food.
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Global Propylene Glycol market is estimated to grow at a significant rate, during the forecast period 2018-2025. Demand for Propylene Glycol in the pharmaceutical industry and cosmetic industry as humectant such will boost Propylene Glycol Market in the upcoming year. Moreover, the major factor driving the market growth is the application of unsaturated polyester resins (UPRs) in construction, marine and transportation industries. According to BlueWeave Consulting, The global Propylene Glycol Market is expected to grow with a significant rate during the forecast period 2018-2025 owing to demand of propylene glycol in Pharmaceutical, cosmetics, automotive and food & beverages. Get https://www.blueweaveconsulting.com/global-propylene-glycol-market- bwc19104/#ReportSample Sample PDF of this Market Research Report @ Petroleum-based source of Propylene Glycol Market is projected to be the leading segment of the overall market during the forecast period On the basis of Source type, the Propylene Glycol market has been segmented into petroleum based and bio source based. Petroleum-based dominates the global Propylene Glycol owing to its huge demand in transport and construction industry. Bio-based sources are the fastest growing market due to its eco-friendly manufacturing methods, reducing dependency on natural fossil fuel and helpful in reducing carbon emission. Food, pharmaceuticals & cosmetics are projected to leading industry for utilizing applications of the Propylene Glycol during the forecast period On the basis of application, the global Propylene Glycol market has been segmented into food, pharmaceuticals & cosmetics, liquid detergents, unsaturated polyester resin, antifreeze & functional fluids, plasticizers, and others. By application type, food, pharmaceuticals & cosmetics will lead the market owing to the use of propylene glycol as food additive coupled with growing consumers’ awareness for health consciousness and improved the living of standard. Unsaturated polyester resin will be the fastest growing market due to its application in making building panels, bathroom components, fixtures, and corrosion-resistant tanks. Global Propylene Glycol Market Competitive Landscape Companies, such as LyondellBasell, SABIC, Exxon Mobil Corporation, DuPont, INEOS, Total S.A., Formosa Plastics Group, China Petrochemical Corporation, LG Chem, and Sumitomo Chemicals are the key players in manufacturing of propylene glycol
Objective of the Study: To analyze and forecast market size of the world Propylene Glycol market, in terms of Value. To examine the careful market segmentation and forecast the market size, in terms of Value, on the premise of region by segmenting world Propylene Glycol market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East and geographical area. To outline, categorized and forecast the world Propylene Glycol on the premise of product kind and application. To examine competitive developments like expansions, technological advancement, services, and regulative framework within the world Propylene Glycol market. To pinpoint the drivers and challenges for world Propylene Glycol market To spot the profile of leading the producing and provide off Propylene Glycol globally. Key Target Audience: players, that area unit concerned within Market research and consulting firms Industry associations Raw material suppliers Global Propylene Glycol manufacturers Research organizations and consulting companies Global Propylene Glycol suppliers Organizations, associations and alliances related to Propylene Glycol market Regulatory bodies Scope of the Report By Source Type petroleum based bio based By Application food, pharmaceuticals & cosmetics, liquid detergents, unsaturated polyester resin antifreeze & functional fluids plasticizers, and others By End-Use Industry building & construction food & beverage transportation pharmaceuticals & cosmetics others In addition, the report provides analysis of the Propylene Glycol market with respect to the following geographic segments: North America o US. o Canada Europe o Germany
UK. Italy France Rest of Europe Asia Pacific (APAC) o China o India o Japan o Australia o South Korea o Indonesia o Rest of Asia Pacific LATAM o Brazil o Argentina o Rest of Latin America MEA o Saudi Africa o UAE o Egypt o Rest of Middle-East Detailed Analysis https://www.blueweaveconsulting.com/global-propylene-glycol-market- bwc19104/#TOC o o o o of Table of Contents @ About BlueWeave Consulting & Research Pvt. Ltd. BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long- lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining. Technology, Telecommunication, Medical Contact Us: info@blueweaveconsulting.com https://www.blueweaveconsulting.com Global Contact: +1 866 658 6826