Global Bio-Based Propylene Glycol Market to Grow at a CAGR of 8.19% During 2016-2020: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Bio-Based Propylene Glycol Market 2016-2020” to its database.


Albany, NY -- (SBWIRE) -- 05/10/2016 -- 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.

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

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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:
North America

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)

Other prominent vendors
Houghton Chemical

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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?

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