Press release
Global Bio-Based Propylene Glycol Market is expected to reach an impressive valuation of 133.95 USD Mn by the year 2029, with a Compound Annual Growth Rate (CAGR) of 4.95% during the forecast period.
Global Bio-Based Propylene Glycol Market
Maximize Market Research Pvt. Ltd., a leading market research company headquartered in Pune, India, is pleased to announce the release of its latest market research report on the Bio-Based Propylene Glycol Market. This comprehensive report provides valuable insights into the current market trends, future growth prospects, and the impact of the COVID-19 pandemic on the global Bio-Based Propylene Glycol market.
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The report profiles key players in the Bio-Based Propylene Glycol Market, including Archer Daniels Midland Company, BASF SE, The Dow Chemical Company, DuPont Tate & Lyle Bio Products Company, LLC, and Huntsman International LLC, among others
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What are Global Bio-Based Propylene Glycol Market Dynamics?
This growth is driven by various factors, including the environmentally sustainable manufacturing methods of bio-based propylene glycol, its expanding use in the automotive industry as a coolant due to its low freezing point, and the rapid growth of the building and construction industry in emerging economies such as China, India, South Korea, and Brazil. Additionally, the rising demand for bio-based propylene glycol in various pharmaceutical-grade applications contributes to its promising market outlook.
Bio-Based Propylene Glycol is a chemically neutral, safe, and semi-viscous chemical fluid used in various food, cosmetic, and industrial applications. It possesses excellent antifreeze, emulsifying, and adhesive properties while maintaining a very low toxicity level. Derived from plants through a catalytic process, bio-based propylene glycol is known for its ability to reduce greenhouse gas emissions. It finds application in the manufacturing of colognes and perfumes, among other products.
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What is Global Bio-Based Propylene Glycol Market Regional Insight?
Geographically, the Asia-Pacific region (APAC) commands the largest market share, with rapid growth attributed to expanding end-user industries, including automotive, building and construction, and the presence of major market players. North America and Europe follow as significant market regions.
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What is Global Bio-Based Propylene Glycol Market Segmentation?
by Application
• Unsaturated Polyester Resins (UPRs)
• Solvent
• Antifreeze & Coolant
• Chemical Intermediates
• Others
by End-Users
• Cosmetics
• Building & Construction
• Automotive
• Pharmaceutical
• Detergent & Household
• Others
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Who are Global Bio-Based Propylene Glycol Market Key Players?
• Archer Daniels Midland Company (U.S.)
• BASF SE (Germany)
• The Dow Chemical Company (U.S.)
• DuPont Tate & Lyle Bio Products Company, LLC (UK)
• Huntsman International LLC. (U.S.)
• Oleon (Belgium)
• Ashland. (U.S.)
• Cargill
• ADM
• Global Bio-Chem Technology Group Co., Ltd. (China)
• SKC Co., Ltd. (South Korea)
• Temix International S.R.L. (Italy)
• Ineos Oxide (Switzerland)
Table of content for the Global Bio-Based Propylene Glycol Market includes:
Global Bio-Based Propylene Glycol Market: Research Methodology
Global Bio-Based Propylene Glycol Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Bio-Based Propylene Glycol Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
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
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