Press release
Global Bio-based Propylene Glycol Market 2016-2020 - Market Size, Trends, Growth, Analysis and Forecast Report
Albany, NY, May 06, 2017: Bio-based propylene glycol is considered as an alternative for petroleum-based propylene glycol. It is produced from plant and animal sources and is more reliable and comparatively pure than petroleum-based propylene glycol. The chemical is used in cosmetics, food, pharmaceuticals, unsaturated polyester resins, and antifreeze agents.The global bio-based propylene glycol market to grow at a CAGR of 8.19% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global bio-based propylene glycol market for 2016-2020. To The market for pharmaceuticals, cosmetics, and food are supposed to propel the demand for bio-based propylene glycol.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
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Technavio's report, Global Bio-Based Propylene Glyocol Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Archer-Daniels-Midland (ADM)
- Ashland
- BASF
- Cargill
- Oleon
Other prominent vendors
- Houghton Chemical
- Orison
Market driver
- Demand from automobile industry
- For a full, detailed list, view our report
Market challenge
- Competition from petroleum-based propylene glycol
- For a full, detailed list, view our report
Market trend
- Shift toward bio-based organic products
- For a full, detailed list, view our report
Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=715934
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Browse more details at: http://www.researchmoz.us/global-bio-based-propylene-glycol-market-2016-2020-report.html
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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