Propylene Glycol Market Overview
The market overview of the Propylene Glycol Market industry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels. A key highlight of the report is the sales forecasting for each segment and region.
Propylene Glycol Market size was valued at US$ 4.14 Bn. in 2021 and transportation is one of the dominating segments reviewed in our report and dominating the Global Polypropylene Market.
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Propylene Glycol Market Report Scope and Research Methodology
The research methodology employed in the report on the Propylene Glycol market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles
The analysis serves as a guide for stakeholders, investors, market players, followers, and new entrants, offering a comprehensive view of the Propylene Glycol market. This information aids in formulating investment approaches and marketing tactics. The bottom-up approach was utilized to estimate the size of the Propylene Glycol market. The approach involves aggregating data from individual segments to arrive at a total market size estimate.
Propylene Glycol Market Regional Insights
The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.
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Propylene Glycol Market Segmentation
According to a source, the petroleum-based propylene glycol market dominates the rest of the world. Propylene glycol derived from petroleum owned more than 50% of the market share, and due to its rising application in the construction and transportation sectors, it is anticipated to dominate the global market during the coming years.
Unsaturated polyester resins dominate the worldwide propylene glycol market by application, and they are anticipated to rise with a CAGR of 3.7% over the course of the forecast period. They are followed by medicines, functional liquids, and antifreeze.
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Propylene Glycol Market Key Players
• Archer Daniels Midland Company
• BASF SE
• The DOW Chemical Company
• Global Bio-Chem Technology Group Co., Ltd.
• LyondellBasell Industries N.V.
• Huntsman Corporation
• SKC Co., Ltd.
• Royal Dutch Shell PLC.
• Remix International S.R.L.
• Dupont Tate & Lyle Bio Products Company, LLC
• Ineos Oxide
• Asahi Glass Co., Ltd.
• Adeka Corporation
• Manali Petrochemicals Limited
• Qingdao Shida Chemical Co., Ltd.
• Tongling Jintai Chemical Industrial Co., Ltd.
• Dongying Hi-tech Spring Chemical Industrial Co., Ltd.
• Shandong Depu Chemical Industry Science and Technology Co., Ltd
• Chaoyang Chemicals, Inc.
• Oleon Nv
• Golden Dyechem
• Haike Chemical Group
• Helm AG
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Key questions answered in the Propylene Glycol Market are:
- What is Propylene Glycol?
- What are the factors driving the Propylene Glycol Market growth?
- What are the factors are limiting thePropylene Glycol Market growth?
- What was the Propylene Glycol market size in 2021?
- Which trends are expected to generate additional revenue for the Propylene Glycol market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Propylene Glycol Market?
- What growth strategies are the players considering to increase their foothold in the Propylene Glycol Market?
- Who held the largest market share in the Propylene Glycol Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- 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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