Propylene Glycol Market estimated to reach beyond USD 4.60 Billion by 2021
The report "Propylene Glycol Market by Source (Petroleum and Bio-Based), Application (Unsaturated Polyester Resin, Antifreeze & Functional Fluid, Food, Pharmaceuticals & Cosmetics), End-Use Industry (Transportation, Building & Construction) - Global Forecast to 2021", The global propylene glycol market was valued at USD 3.47 Billion in 2016, and is projected to grow at a CAGR of 5.8% from 2016 to 2021, to reach USD 4.60 Billion by 2021.
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The target audiences for the propylene glycol market report are as follows:
- Manufacturers
- Propylene Glycol Suppliers
- Raw Material Suppliers
- Investment Banks
- Government Bodies
Browse 110 market data Tables and 89 Figures spread through 192 Pages and in-depth TOC on "Propylene Glycol Market"
Eco-friendly production process of bio-based propylene glycol has led to the growth of the global propylene glycol market. Also, the growing automotive industry in Asia-Pacific is driving the market as propylene glycol is widely used in engine coolants and sheet molding compounds among others.
Currently, the global propylene glycol market is led by various major manufacturers such as
- The Dow Chemical Company (U.S.)
- LyondellBasell Industries N.V. (Netherlands)
- BASF SE (Germany)
- Archer Daniels Midland Company (U.S.)
- Global Bio-chem Technology Group Co., Ltd. (China)
- DuPont Tate & Lyle Bio Products Company
- LLC (U.S.)
- Huntsman Corporation (U.S.)
- SKC Co., Ltd. (South Korea)
- Temix International S.R.L. (Italy)
- Ineos Oxide (Switzerland).
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