Press release
Propylene Glycol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
Propylene Glycol Market Report
Request Free Sample Report: https://www.imarcgroup.com/propylene-glycol-technical-material-market-report-2/requestsample
Propylene glycol is widely used to enhance the texture, flavor, appearance, and shelf life of several processed food products. The growing demand for processed food items based on the hectic consumer work schedules and on-the-go food consumption trends is augmenting the utilization of propylene glycol in the food processing industry. Additionally, the expanding construction and transportation industries have further increased the use of propylene glycol in manufacturing various chemicals, such as deicing fluids, automotive coolants, hydraulic & brake fluids, etc. The growing product adoption in the pharmaceutical sector, as a drug solubilizer, also contributes to market growth. Additionally, the sudden outbreak of COVID-19, a highly-infectious respiratory disease, has increased the demand for propylene glycol for producing hand sanitizers and surface disinfectants. Looking forward, IMARC Group expects the global propylene glycol market to continue its moderate growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global propylene glycol market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, source, application and end use industry.
Breakup by Source:
• Petroleum-based
• Bio-based
Breakup by Application:
• Unsaturated Polyester Resins
• Antifreeze and Functional Fluids
• Food, Drug, and Cosmetics
• Liquid Detergent
• Paints and Coatings
• Others
Breakup by End Use Industry:
• Transportation
• Building and Construction
• Food and Beverage
• Pharmaceuticals
• Cosmetics and Personal Care
• Others
Breakup by Region:
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
Competitive Landscape Key Player:
• Archer-Daniels-Midland Company
• BASF SE
• Dupont
• Tate & Lyle Bio Products Company LLC
• Global Bio-chem Technology Group Company Limited
• Huntsman Corporation
• Ineos Chemicals
• LyondellBasell Industries N.V.
• SHELL Petroleum N.V. (Royal Dutch Shell)
• SK Chemicals Co. Ltd.
• Sumitomo Chemical Co. Ltd.
• The Dow Chemical Company (Dow Inc.)
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/propylene-glycol-technical-material-market-report-2
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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