Press release
Monopropylene Glycol (MPG) Market Overview and Production Status 2020
Global Monopropylene Glycol (MPG) Market research report published by market insight reports explores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market, and divides the Market into several parameters.This Monopropylene Glycol (MPG) Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the global market for approaching years from 2020 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.
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The global Monopropylene Glycol (MPG) market size was valued at USD 1.86 billion in 2019 and is expected to grow with a CAGR of 5.5% during the forecast period.
The prominent players in the Global Monopropylene Glycol (MPG) Market:
DowDuPont, Repsol, ADM, BASF, LyondellBasell, Huntsman, AGC Chemicals, Polioles, OLEON, INEOS, PCC Rokita, CNOOC and Shell Petrochemicals, Shell, Shandong Depu Chemical, Shandong Shida Shenghua Chemical, PJSC Nizhnekamskneftekhim, ADEKA, Dongying Hi-tech Spring Chemical, Tongling Jintai Chemical, SKC and Others.
Industry News:-
BASF MPG production unaffected by European cracker fires
BASF'S mono propylene glycol (MPG) creation is as of now unaffected by the ongoing saltine fires at its Antwerp and Ludwigshafen because of the Christmas occasion mass migration, an organization source said on Wednesday.
"MPG stocks are low, however it is the special seasons now and we would like to expand PG stocks over the Christmas occasion period," said the dealer.
"We have to re-evaluate the circumstance in the following hardly any days and perceive to what extent the saltine troubles last," included the source.
The organization was not set up to talk about nameplate MPG limits at the Antwerp site, however it was affirmed that the Ludwigshafen site delivered 80,000 tons/year of MPG.
(Original Source: - https://www.icis.com/explore/resources/news/2009/12/23/9321753/basf-mpg-production-unaffected-by-european-cracker-fires/)
Oleon officially starts up new bio-based MPG unit in Belgium
Flemish pastor president Kris Peeters has authoritatively introduced Oleon's new bio-based monopropylene glycol (MPG) unit at Ertvelde, which speaks to a venture of EUR8.2m ($10.3m) in "green science", the Belgium-put together oleochemicals maker said with respect to Thursday.
"Bio-Propylene Glycol (PG) decreases the carbon dioxide (CO2) balance by no under 70% contrasted with oil based PG. Bio-PG depends on a boundless stock of sustainable crude materials,"said Oleon CEO Chris Depreeuw.
Oleon will utilize glycerine as a feedstock for their profile based MPG creation, which is as opposed to manufactured oil based MPG, which utilizes propylene based feedstock. Oleon's glycerine is acquired as a side-effect in the assembling of its olechemicals and biodiesel from creature fats and vegetable oils..
(Original Source: - https://www.icis.com/explore/resources/news/2012/06/28/9573676/oleon-officially-starts-up-new-bio-based-mpg-unit-in-belgium/)
The 'Monopropylene Glycol (MPG)' market can be divided based on product types and It's sub-type, major applications and Third Party usage area, and important regions.
This report segments the Global Monopropylene Glycol (MPG) Market on the basis of Types are:
Industrial Grade
Food Grade
Pharmaceutical Grade
On the basis of Application, the Global Monopropylene Glycol (MPG) Market is segmented into:
Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Industrial
Others
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Monopropylene Glycol (MPG) Market these regions, from 2020 to 2025 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast).
Significant Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Monopropylene Glycol (MPG) Market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Monopropylene Glycol (MPG) Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2015 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Monopropylene Glycol (MPG) market report offers a complete and detailed study of global Monopropylene Glycol (MPG) market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter's five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.
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We also offer customization on reports based on specific client requirement:
1- Free country level analysis for any 5 countries of your choice.
2- Free Competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points.
Related Reports: -
Global Monopropylene Glycol (MPG) Market Growth 2018-2023 - (https://www.marketinsightsreports.com/reports/1120982191/global-monopropylene-glycol-mpg-market-growth-2018-2023?Mode=18 )
Global Monopropylene Glycol (MPG) Market Professional Survey Report 2019 - (https://www.marketinsightsreports.com/reports/09131450812/global-monopropylene-glycol-mpg-market-professional-survey-report-2019?Mode=18 )
Irfan Tamboli (Sales Manager) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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