PROPYLENE GLYCOL Market Industry Future Growth, Latest Technology, New Demands, Business Challenges, Opportunities, Industry Trends, Key Players and Revenue Analysis
Propylene Glycol market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in this industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of this industry. The data of this Propylene Glycol report is represented with the tables, charts and graphs for better understanding.
In this market research report, a market study and overview is carried out by
taking into account market drivers, market restraints, opportunities and
challenges for a particular business. Geographical scope of the products is
also taken into consideration methodically for the major global areas such as
Asia, North America, South America, and Africa. This helps delineate strategies
for the product distribution in those areas. Propylene Glycol market report
estimates the size of the market with respect to the information on key
retailer revenues, development of the industry by upstream and downstream,
industry progress, key companies, key developments, along with market segments
and application. This superior Propylene Glycol market report is presented with
a full devotion and dedication to the clients that extend their reach to
success.
Data Bridge
Market Research analyses that the global propylene glycol market which was USD 4.29 billion in 2022,
is expected to reach USD 6.10 billion by 2030, and is expected to undergo a
CAGR of 4.52% during the forecast period of 2023 to 2030. “Petroleum-Based
Propylene Glycol” dominates the source segment of the global propylene glycol
market due to established production infrastructure and cost advantages. In
addition to the insights on market scenarios such as market value, growth rate,
segmentation, geographical coverage, and major players, the market reports
curated by the Data Bridge Market Research also include in-depth expert
analysis, geographically represented company-wise production and capacity,
network layouts of distributors and partners, detailed and updated price trend
analysis and deficit analysis of supply chain and demand
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Report, Visit @ https://www.databridgemarketresearch.com/reports/global-propylene-glycol-market
Driver:
Usage in Transportation Industry
Propylene glycol is used in hydraulic fluids and fire-resistant brake as
a coolant in the transportation sector for engine cooling, as a raw material
for de-icing planes, and as a heat transfer fluid for high-temperature
applications.
Some key
players mentioned in the report are:
Dow (U.S.), LyondellBasell Industries N.V. (Netherlands), BASF SE
(Germany), ADM (U.S.), Global Bio-chem Technology Group Company Limited
(China), DuPont Tate and Lyle Bio Products (U.S.), SKC (South Korea), Temix
Oleo (Italy), INEOS Oxide (Switzerland), Huntsman International L.L.C (U.S.),
ADEKA CORPORATION (Japan), Chaoyang Chemicals, Inc. (U.S.), Manali
Petrochemicals Limited (India), Haike Chemical Group Co., Ltd. (China), Arch
Chemicals Inc (U.S.), Repsol (Spain), Midland Company (U.S.), Helm AG (Germany),
Shell Plc (U.K.)
Key Insights that Study is going to
provide:
·
The
360-degree Propylene Glycol overview based on a global and regional level
·
Market
Share & Sales Revenue by Key Players & Emerging Regional Players
·
A
separate chapter on Market Entropy to gain insights on Leaders aggressiveness
towards market [Merger & Acquisition / Recent Investment and Key
Developments]
·
May
vary depending upon availability and feasibility of data with respect to
Industry targeted
·
Patent
Analysis** No of patents / Trademark filed in recent years.
·
A
complete and useful guide for new market aspirants
·
Forecast
information will drive strategic, innovative and profitable business plans and
SWOT analysis of players will pave the way for growth opportunities, risk
analysis, investment feasibility and recommendations
·
Various
Propylene Glycol industry leading players are studied with respect to their
company profile, product portfolio, capacity, price, cost, and revenue.
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