Global Bio-based Propylene Glycol Market 2021-2025 The analyst has been monitoring the bio-based propylene glycol market and it is poised to grow by $ 110. 31 million during 2021-2025, progressing at a CAGR of about 5% during the forecast period.
New York, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Bio-based Propylene Glycol Market 2021-2025" - https://www.reportlinker.com/p03816815/?utm_source=GNW
Our report on the bio-based propylene glycol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growth in biodiesel production and increase in environmental awareness leading to the use of bio-based products. In addition, growth in biodiesel production is anticipated to boost the growth of the market as well.
The bio-based propylene glycol market analysis includes the application segment and geographic landscape.
The bio-based propylene glycol market is segmented as below:
• Unsaturated polyester resins
• Functional fluids and antifreeze products
• Pharmaceuticals, cosmetics, and food
• Detergents and household products
• Other applications
By Geographical Landscape
• North America
• South America
This study identifies the growth in automobile and construction industriesas one of the prime reasons driving the bio-based propylene glycol market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bio-based propylene glycol market covers the following areas:
• Bio-based propylene glycol market sizing
• Bio-based propylene glycol market forecast
• Bio-based propylene glycol market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bio-based propylene glycol market vendors that include Archer Daniels Midland Co., Ashland Global Holdings Inc., Ayas Renewables Inc., BASF SE, Dow Inc., Oleon NV, Global Bio-chem Technology Group Co. Ltd., Hawkins Inc., Huntsman Corp., and LAIR LIQUIDE SA. Also, the bio-based propylene glycol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p03816815/?utm_source=GNW
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