Global Bio-based Propylene Glycol Market 2017-2021

Global Bio-based Propylene Glycol Market 2017-2021

  • August 2017 •
  • 73 pages •
  • Report ID: 3816815
About Bio-based Propylene Glycol

Propylene glycol, which is also known as 1,2-propane diol, has various applications in industrial sectors such as pharmaceuticals, food, personal care, and construction. It is used as an antifreeze material such as in the de-freezing of aircraft before take-off. Propylene glycol is primarily used as a solvent, in binding and transporting other substances as an excipient. It also finds application as an emulsifier and assists in balancing insoluble fluids.

Technavio’s analysts forecast the global bio-based propylene glycol market to grow at a CAGR of 8.27% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global bio-based propylene glycol market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Europe
• North America

Technavio’s report, Global Bio-based Propylene Glycol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Ashland
• Cargill
• Archer-Daniels-Midland (ADM)
• Oleon

Other prominent vendors
• Air Liquide
• Global Bio-chem Technology Group
• Houghton
• Orison Marketing
• S2GBioChem

Market driver
• Growth in biodiesel production
• For a full, detailed list, view our report

Market challenge
• Seasonality in availability and prices of bio-based propylene glycol
• For a full, detailed list, view our report

Market trend
• Increase in demand for green construction
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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Country=World Industry=Chemicals ParentIndustry=HeavyIndustry Date=201708 Topic=Forecast Publisher=InfinitiResearchLimited Price=3000