Regional Insights into the Propylene Glycol Market: Growth Hotspots in North America, Europe, and Asia-Pacific

 The Propylene Glycol market is expected to grow from an estimated USD 4.81 billion in 2024 to USD 8.48 billion in 2033, at a CAGR of 6.5%. Propylene glycol's increasing use in the construction sector and other uses, like as engine coolant and a raw material for de-icing aircraft in the transportation sector, is to blame for this. In many different sectors, the substance is used extensively as a solvent, heat transfer medium, and chemical intermediary. Usually, the product is manufactured in two grades: USP/EP grade and industrial or technical grade.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Propylene Glycol market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Propylene Glycol market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

The Dow Chemical Company, Lyondellbasell Industries NV, Archer Daniels Midland Company, BASF SE, Huntsman Corporation, Global Bio-Chem Technology Group, SKC Co., Dupont Tate & Lyle Bio Products, Royal Dutch Shell Plc, Temix Oleo SRL, INEOS Oxide, Asahi Glass Co. Ltd.

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Emergen Research has segmented the global Propylene Glycol market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

By Source Outlook (Revenue, USD Million; 2024-2033)

  • Petroleum-based PG
  • Bio-based PG

By Grade Outlook (Revenue, USD Million; 2024-2033)

  • Industrial Grade
    • Unsaturated Polyester Resin
    • Antifreeze & Functional Fluids
    • Liquid Detergents
    • Plasticizers
    • Paints & Coatings
  • Pharmaceutical Grade
    • Food & Beverage
    • Pharmaceuticals
    • Cosmetics
  • Other Applications
    • Animal Feed
    • Tobacco humectants
    • Inks
    • Lacquers Varnishes

By End-Use Industry Outlook (Revenue, USD Million; 2024-2033)

  • Transportation
  • Building & Construction
  • Food & Beverage
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Others
  • Paints & Coatings
  • Consumer Goods
  • Electronics
  • Tobacco
  • Textile industry

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Propylene Glycol Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Propylene Glycol Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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 About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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