Press Releases

Global Propylene Glycol Market is Expected to Grow at a CAGR of 4.4% in the Forecast Period of 2020-2025.

Expert Market Research Thumbnail Image

"According to a new report by EMR titled, ‘Global Propylene Glycol Market Report and Forecast 2020-2025, the global propylene glycol reached a volume of 2.72 million metric tons in 2019. The global propylene glycol market is expected to grow at a CAGR of 4.4% between 2020 and 2025 to reach a volume of approximately 3.5 million metric tons by 2025."

The global propylene glycol market is being driven by the growth of the market in the Asia Pacific region, which accounts for more than 40% of global consumption of the product. The region has a large consumer base for the product, with China being the largest consumer market in the Asia Pacific. The Asia Pacific region also supplies a significant volume of propylene glycol, being the net exporter of the product within the region, exporting to other Asian countries like Thailand, Singapore, China, and Korea. If the intra trade to these countries is not included, then the Asia Pacific region is one of the net importers of the product and is expected to import more propylene glycol from the United States and the Middle East in the coming years.

Download a Free Sample Report with Table of Content - https://www.expertmarketresearch.com/request?type=report&flag=H&id=951

Dow Inc (NYSE: DOW), one of the key players in the industry, is a significant producer of propylene glycol. The company has its presence in all the major regions globally, including Latin America. Dow is also fully backward integrated both in terms of primary as well as secondary feedstock, that is, PO and propylene. The capacity expansion by the company at Jubail Industrial, Saudi Arabia, has also aided the company in increasing its footprint in the lucrative the Middle East propylene glycol market.

Market Analysis by Application and Regions:

  • The product finds wide applications in the production of unsaturated polyester resins, functional fluids, food, drug and cosmetics, liquid detergent, and paints and coating, among others.
  • The regional markets for propylene glycol can be segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing demand for UPRS is driving the demand for propylene glycol as UPRS is used as plastic or fiberglass in various industries like automobiles, transportation, construction, and marine industries, among others.
  • The demand for propylene glycol grows rapidly during winters due to its anti-freezing properties.
  • The growing cosmetics industry is also boosting the demand for the product.
  • The demand for propylene glycol is also being aided by the rising household care, cosmetics, and personal care industry.
  • The growing construction sector is also providing an impetus to the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global propylene glycol market for the periods (2015-2019) and (2020-2025).
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the major regions in the propylene glycol market.
  • The EMR report provides the regional price analysis of propylene glycol for the (2015-2019) and (2020-2025) periods.
  • It also provides the trade data analysis for the major exporting and importing countries.

The major key players in the global propylene glycol market include Dow Chemical Company, LyondellBasell Industries N.V., INEOS Group, Shell Chemicals LP, BASF SE, SKC Chemicals Group, Sumitomo Chemical Co., Ltd, Archer Daniels Midland Company, and Repsol S.A., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.


Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email:
sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

"Global Propylene Glycol Market: By Application: Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Price Analysis; (HS Code: 290532) Trade Analysis; Cost Analysis; Competitive Landscape & Supplier Analysis; Value Chain Analysis; Procurement Strategy; Manufacturing Process; Production Cost Analysis"

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Global Super Absorbent Polymers (SAP) Market Report and Forecast 2020-2025

Global Super Absorbent Polymers (SAP) Market Report and Forecast 2020-2025

  • Pre-Order Available
  • Price: $ 2399
Expert Market Research Thumbnail Image
Global Inorganic Fibre Market Report and Forecast 2020-2025

The global inorganic fibre market is expected to grow in the forecast period of 2020-2025 at a CAGR of 6%. The North America region dominates the industry. The inorganic fibre market in North America ...

  • Pre-Order Available
  • Price: $ 2399
Expert Market Research Thumbnail Image
Global Super Absorbent Polymer (SAP) Market Report and Forecast 2020-2025

The Asia Pacific is a significant supply as well as consumer market. The region has a large consumer base for super absorbent polymer. The region is a major exporter of the product with China, the Rep...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Polycarbonate Market Report and Forecast 2020-2025

The Asia Pacific is the major supply market, accounting for around 60% of the market share. China’s recent capacity addition is likely to reduce Asia’s polycarbonate import reliance in the coming ...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Nylon Market Report and Forecast 2020-2025

The global nylon market demand reached a volume of about 8.4 million metric tons in 2019. The demand is expected to grow at a CAGR of 3.4% in the forecast period of 2020-2025. It is projected to attai...

  • 24 Hour Email Delivery
  • Price: $ 2399

Stay informed with our free industry updates.