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: • APAC • Europe • North America • MEA
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.
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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85 pages •
By Infiniti Research Limited
• Nov 2017
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