About Bio-based propylene glycol

Bio-based propylene glycol is considered as an alternative for petroleum-based propylene glycol. It is produced from plant and animal sources and is more reliable and comparatively pure than petroleum-based propylene glycol. The chemical is used in cosmetics, food, pharmaceuticals, unsaturated polyester resins, and antifreeze agents.

Technavio’s analysts forecast the global bio-based propylene glycol market to grow at a CAGR of 8.19% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global bio-based propylene glycol market for 2016-2020. To The market for pharmaceuticals, cosmetics, and food are supposed to propel the demand for bio-based propylene glycol.

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

Technavio's report, Global Bio-Based Propylene Glyocol Market 2016-2020, 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
• Archer-Daniels-Midland (ADM)
• Ashland
• BASF
• Cargill
• Oleon

Other prominent vendors
• Houghton Chemical
• Orison

Market driver
• Demand from automobile industry
• For a full, detailed list, view our report

Market challenge
• Competition from petroleum-based propylene glycol
• For a full, detailed list, view our report

Market trend
• Shift toward bio-based organic products
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?