Global Bio-based Propylene Glycol Market Professional Survey Report 2019
Bio-based Propylene Glycol is produced by the process Hydrogenolysis in which glycerin is converted into propylene glycol. It is colorless, odorless, non-toxic, and slightly viscous liquid. They are hygroscopic substance and used as a humectant in cosmetics. Bio-Based Propylene Glycol is considered to be the prominent raw material for various industrial applications.
One trend in the market is increase in demand for green construction. Bio-based propylene glycol is used in the production of unsaturated polyester resins, which are used to make electrical components, paints and coatings, pipes, tanks, and ducts, all important products in the construction industry. The industry and the consumers are becoming more responsible toward the environment, as a result of which the demand for green buildings has grown. Regulatory pressure to reduce carbon footprint and a general shift towards environment friendly products to enhance sustainability of processes is expected to drive the market for bio-based propylene glycol. Additionally, with increase in disposable income of the rapidly growing population the market of personal care products and food products is expanding due to the escalating demand. This, in turn, adds to the demand for bio-based propylene glycol. However, competing uses of the bio-based feedstock sources such as corn and soy as foods and biofuels might hamper the market growth by causing supply shortages. Furthermore, supply of raw materials also depends upon the yield of the crops and the number of farmers undertaking the production of corn and soy. North America will be the major revenue contributor to the market due to increase in automotive industry.
The global Bio-based Propylene Glycol market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bio-based Propylene Glycol volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-based Propylene Glycol market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Bio-based Propylene Glycol in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Bio-based Propylene Glycol manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Ashland
BASF
Cargill
Archer-Daniels-Midland (ADM)
Oleon
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Unsaturated Polyster Resins
Functional Fluids and Antifreeze Products
Pharmaceutical
Cosmetics and Food
Detergents and Household Products
Others
Segment by Application
Cosmetics
Building & Construction
Automotive
Pharmaceutical
Detergent & Household
Others
One trend in the market is increase in demand for green construction. Bio-based propylene glycol is used in the production of unsaturated polyester resins, which are used to make electrical components, paints and coatings, pipes, tanks, and ducts, all important products in the construction industry. The industry and the consumers are becoming more responsible toward the environment, as a result of which the demand for green buildings has grown. Regulatory pressure to reduce carbon footprint and a general shift towards environment friendly products to enhance sustainability of processes is expected to drive the market for bio-based propylene glycol. Additionally, with increase in disposable income of the rapidly growing population the market of personal care products and food products is expanding due to the escalating demand. This, in turn, adds to the demand for bio-based propylene glycol. However, competing uses of the bio-based feedstock sources such as corn and soy as foods and biofuels might hamper the market growth by causing supply shortages. Furthermore, supply of raw materials also depends upon the yield of the crops and the number of farmers undertaking the production of corn and soy. North America will be the major revenue contributor to the market due to increase in automotive industry.
The global Bio-based Propylene Glycol market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bio-based Propylene Glycol volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-based Propylene Glycol market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Bio-based Propylene Glycol in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Bio-based Propylene Glycol manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Ashland
BASF
Cargill
Archer-Daniels-Midland (ADM)
Oleon
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Unsaturated Polyster Resins
Functional Fluids and Antifreeze Products
Pharmaceutical
Cosmetics and Food
Detergents and Household Products
Others
Segment by Application
Cosmetics
Building & Construction
Automotive
Pharmaceutical
Detergent & Household
Others
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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