Press release
Propylene Glycol Market Research Report 2024 - By Growth, Recent Trends, Key Players And Forecast To 2033
Propylene Glycol Market
As per the report, the propylene glycol market size has grown strongly in recent years. It will grow from $4.45 billion in 2023 to $4.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The propylene glycol market size is expected to see strong growth in the next few years. It will grow to $6.15 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=8303&type=smp
Rising Demand For Processed Foods Ignites Propylene Glycol Market Growth
An increase in the consumption of processed foods is expected to propel the growth of the propylene glycol market going forward. Processed food is defined as any food that has been altered during the preparation process. Propylene glycol is used in processed foods as it is used as a preservative, flavor enhancer, and processing aid to enhance the appearance of foods. For instance, in April 2021, according to a report published by the Ministry of Commerce & Industry, India's exports of processed food products increased by 26.51 % during April-February (2020-21) compared to the same period in the previous year. Furthermore, in the first 11 months of the fiscal year (2020-21), exports of miscellaneous processed items such as Indian snacks, sauces, starch products, and vegetable flours increased by 36%. The total value of processed product exports was INR 437,980 million ($5.5 billion). Therefore, an increase in the consumption of processed foods is driving the growth of the propylene glycol market.
Innovation Product Evolution Embraces Propylene Glycol Market
Product innovation is a key trend gaining popularity in the propylene glycol market. Major companies operating in the propylene glycol market are developing innovative products to strengthen their position in the market. Bio-based propylene becomes increasingly important as health concerns increase. For instance, in March 2022, Evonik, a Germany-based chemical manufacturing company, launched its first renewable isophorone-based products by using renewable acetone for the CO2 footprint. The new isophorone products are chemically equivalent to their fossil-based predecessors and share the same processing, formulation, and performance traits. These products can assist the industry in drastically reducing its global warming potential and CO2 footprint compared to conventional isophorone products.
The propylene glycol market covered in this report is segmented -
1) By Source: Petroleum-Based, Bio-Based
2) By Grade: Industrial Grade, Pharmaceutical Grade
3) By Application: Animal Feed, Inks, Lacquers, Tobacco Humectants, Varnishes
4) By End User: Building And Construction, Consumer Goods, Cosmetics and Personal Care, Electronics, Food And Beverages, Paint And Coatings, Pharmaceuticals, Textile Industries, Tobacco, Transportation
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=8303&type=discount
Major companies operating in the propylene glycol market report are Archer-Daniels-Midland Company, BASF SE, The DOW Chemical Company, Bio-Chem Technology Group Co. Ltd., LyondellBasell Industries N.V., Huntsman Corporation, SKC CO. Ltd., INEOS Group Holdings Limited, Manali Petrochemicals Limited, DowDuPont Inc., Royal Dutch Shell PLC, ADEKA Corporation, Chaoyang Chemicals Inc., Temix International SRL, Helm AG, Repsol S.A., Arch Chemicals Inc., HaiKe Chemical Group, Global Bio-chem Technology Group Co. Ltd., DuPont Tate & Lyle Bio Products LLC, Flint Group Holdings Limited, Hubergroup Deutschland GmbH, Wikoff Color Corporation, Zeller+Gmelin GmbH & Co. KG, Marabu GmbH & Co. KG, Nutec Digital Ink Ltd., Chemicoat Co. Ltd., Oleon NV, Penta Manufacturing Company, Kraft Chemical Company
Contents of the report:
1. Executive Summary
2. Propylene Glycol Market Report Structure
3. Propylene Glycol Market Trends And Strategies
4. Propylene Glycol Market - Macro Economic Scenario
5. Propylene Glycol Market Size And Growth
…..
27. Propylene Glycol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/propylene-glycol-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Propylene Glycol Market Research Report 2024 - By Growth, Recent Trends, Key Players And Forecast To 2033 here
News-ID: 3604794 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Propylene
Bio-Based Propylene Glycol Market Report 2024 - Bio-Based Propylene Glycol Marke …
"The Business Research Company recently released a comprehensive report on the Global Bio-Based Propylene Glycol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
global Propylene Glycol Methyl Ether market is segmented by Propylene Glycol Mon …
Propylene glycol methyl ether, also known as 1-methoxy-2-propanol, is a colorless organic chemical compound. Generally, Propylene glycol methyl ether is medium boiling glycol ether that is categorized under P-series glycol ether group. This compound is produced by the reaction between propylene oxide and methanol which is carried out in presence catalyst. Propylene glycol methyl ether are used prevalently as an organic solvent in commercial as well as industrial applications such…
Global Propylene Oxide Market 2017-2025 | Polyether Polyols, Propylene Glycols, …
Press Release – 06 Sep 2018
Research and Development News --
. .
Latest Update "Global Market Study on Propylene Oxide: China and India Projected to Witness Robust Growth Rates in the APAC Regional Market During 2017-2025" with Industries Survey | Global Current Growth and Future.
' '
Market Research in its upcoming report titled Propylene Oxide Market: Global Industry Analysis and Forecast 2017-2025 has conducted an in-depth analysis of the propylene oxide market…
Advancements in Propylene Oxide Market
An oxide is a binary compound combined with an electropositive element or a group. Propylene, which is a colorless gas, belongs to the alkene group. It is obtained by thermal cracking of ethylene and has a faint odor similar to petroleum. Propylene oxide is a chemical compound of propylene and oxygen. It is organic and behaves as a chemical intermediate in various chemical synthesis processes. Propylene oxide with chemical formula…
Global Propylene Oxide Market During 2017-2025 | Polyether Polyols, Propylene Gl …
Propylene Oxide Market: Global Industry Analysis and Forecast 2017-2025 has conducted an in-depth analysis of the propylene oxide market for an eight year forecast period concluding in 2025. The study is based on key market segments that have been appropriately explained below.
Global Propylene Oxide Market: Taxonomy
- By Application
Polyether Polyols
Propylene Glycols
Propylene Glycol Ethers
Others
Flame Retardant
Fumigants
. .
– Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1293632
' '
- Best-in-class Research Methodology
Persistence Market Research analysts…
Southeast Asia Propylene Market: propylene glycol production is highly scoped th …
Propylene or propene is one of the highly used and demanded organic compounds in the industry across the globe. This organic product is used to produce different types of chemicals that are used in various end user industries. There is high scope for the Southeast Asia Propylene Market due to rise in production quantity through 2020.
Scope of the Southeast Asia Propylene Market:
According to the IndustryARC research analysis studies on…
