May 15, 2017 - 6:30 PM EDT
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Global Propylene Glycol Market Forecasts 2017-2021: Growing Opportunities in Emerging Economies Such as China and India - Research and Markets

DUBLIN, May 15, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Propylene Glycol Market - Global Forecast to 2021" report to their offering.

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The global propylene glycol market was valued at USD 3.47 Billion in 2016, and is projected to reach USD 4.60 Billion by 2021, at a CAGR of 5.8% from 2016 to 2021

Growing automotive industry in Asia-Pacific and eco-friendly production process of bio-based propylene glycol are expected drive the market during the forecast period.

The major factors restraining the growth of the global propylene glycol market is maturity of petroleum-based propylene glycol. Propylene glycol is a petrochemical that does not differ in grades or specifications between manufacturers (except industrial and USP). Industrial grade propylene glycol is used as a feedstock to manufacture other chemicals; hence it acts as a base feed with little modification at the time of application.

This gives manufacturers very little scope for product differentiation. 

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Propylene Glycol Market (2016-2021)
4.2 Propylene Glycol Market, By Region
4.3 Propylene Glycol Market in Asia-Pacific, By Country and Application
4.4 Propylene Glycol Market Size, By Application, 2016 vs 2021

5 Market Overview
5.1 Introduction
5.1.1 Usp/Ep Grade
5.1.2 Industrial Grade
5.2 Evolution
5.3 Market Dynamics
5.3.1 Impact Analysis for Short, Medium, and Long Term
5.3.2 Drivers Petroleum-Based PG Growing Demand From Asia-Pacific Region Bio-Based PG Eco-Friendly Production Process
5.3.3 Restraints Petroleum-Based PG Maturity of the Product Industries Switching to Bio-Based PG Bio-Based PG Huge Investment in R&D
5.3.4 Opportunities Petroleum-Based PG Growing Opportunities in Emerging Economies Such as China and India Bio-Based PG Rising Demand for Bio-Based PG in Pharmaceutical & Cosmetics Application
5.3.5 Challenges Petroleum-Based PG Fluctuating Raw Material Costs
5.4 Raw Material Analysis
5.4.1 Propylene
5.4.2 Glycerin
5.5 Porter's Five Forces Analysis
5.6 Industry Outlook
5.6.1 Automotive Industry
5.6.2 Construction Industry

6 Propylene Glycol Market, By Source
6.1 Introduction
6.1.1 Petroleum-Based PG Segment Accounted for the Largest Share
6.2 Petroleum-Based PG
6.2.1 Asia-Pacific is the Largest Consmuer of Petroleum-Based PG
6.2.2 Propylene Oxide
6.3 Bio-Based PG
6.3.1 Increased Use in Pharmaceuticals & Cosmetics Applications is Driving the Bio-Based PG Market
6.3.2 Glycerin
6.3.3 Sorbitol

7 Propylene Glycol Market, By Application
7.1 Introduction
7.2 Revenue Pocket Matrix, By Application
7.3 Unsaturated Polyester Resin
7.3.1 Reinforced Thermoset Reinforced Plastic Laminates Sheet Molding Compounds Electrical Components
7.3.2 Non-Reinforced Thermoset Synthetic Marble Casting Gel Coats
7.4 Food, Pharmaceuticals & Cosmetics
7.4.1 Dental Care
7.4.2 Skin Care
7.4.3 Therapentic Drugs and Medicines
7.4.4 Dairies
7.5 Antifreeze & Functional Fluids
7.5.1 Automotive Coolants
7.5.2 Hydraulic & Brake Fluid
7.5.3 Aircraft Deicing Fluid
7.5.4 Heat Transfer Fluid
7.6 Liquid Detergents
7.6.1 Household & Dishwashing
7.6.2 Industrial Soaps & Cleaning Fluids
7.7 Plasticizers
7.7.1 Cellophane Film
7.7.2 Phenolic Resin
7.8 Others
7.8.1 Asia-Pacifc to Witness the Highest Growth During the Forecast Period

8 Propylene Glycol Market, By End-Use Industry
8.1 Introduction
8.1.1 Revenue Pocket Matrix, By End-Use Industry
8.2 Transportation
8.2.1 Well-Established Automotive End-Use Industry to Drive the Propylene Glycol Market in Europe
8.2.2 Automotive
8.2.3 Aerospace
8.2.4 Marine
8.3 Building & Construction
8.3.1 Construction Industry of India and Indonesia to Drive the Propylene Glycol Market
8.4 Paharmaceuticals & Cosmetics
8.4.1 Growing Pharmaceuticals & Comsetics Industry is Fuelling the Growth of the Market
8.5 Food & Beverage
8.5.1 Rising Consumption of Processed Food to Drive the Propylene Glycol Market Between 2016 and 2021
8.6 Others
8.6.1 Europe Accounted for the Second-Largest Market Share in Other End-Use Industries

9 Propylene Glycol Market, By Region

10 Competitive Landscape

11 Company Profiles

  • Adeka Corporation (Japan)
  • Archer Daniels Midland Company
  • Arrow Chemical Group Corp. (China)
  • Asahi Glass Co., Ltd. (Japan)
  • Chaoyang Chemicals, Inc. (U.S.)
  • Dongying Hi-Tech Spring Chemical Industrial Co., Ltd. (China)
  • Dupont Tate & Lyle Bio Products Company, LLC
  • Global Bio-Chem Technology Group Co., Ltd.
  • Golden Dyechem (India)
  • Haike Chemical Group (China)
  • Helm AG (Germany)
  • Huntsman Corporation
  • Ineos Oxide (Switzerland)
  • Lyondellbasell Industries N.V.
  • Manali Petrochemicals Limited (India)
  • Oleon Nv (Belgium)
  • Other Key Market Players
  • Oxyde Belgium B.V. (Belgium)
  • Qingdao Shida Chemical Co., Ltd. (China)
  • Royal Dutch Shell PLC.
  • SKC Co., Ltd.
  • Shandong Depu Chemical Industry Science and Technology Co., Ltd (China)
  • Temix International S.R.L.
  • The DOW Chemical Company
  • Tongling Jintai Chemical Industrial Co., Ltd. (China)
  • Trinternational, Inc. (U.S.)

For more information about this report visit

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Source: PR Newswire (May 15, 2017 - 6:30 PM EDT)

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