Edison , NJ -- (SBWIRE) -- 08/09/2019 -- Propylene Glycol having a chemical formula CH3CCH2OH is colorless liquid with light sweet in taste. It is used in polymers, building materials and laser printers. This chemical is available in two types that are industrial and pharmaceutical. It is used as a solvent, flavour enhancer, thickener and stabilizer in food products like ice creams and soft drinks. Due to the change in life style there is rise in demand for consumer foods which is driving the market.

Advance Market Analytics recently introduced Propylene Glycol Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2024. Propylene Glycol Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

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Major Key Players in This Report Include,
Dow (United States), Huntsman (United States), DuPont (United States), ADM (United States), BASF SE (Germany), Sumitomo Chemical (Japan), Polioles S.A. de C.V. (Mexico), Repsol S.A (Spain), Lyondell Basell Industries (Netherlands) and ADEKA (Japan)

The report focuses on Global Propylene Glycol Market major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the market development trends and marketing channels are analyzed.

The market study is being classified by Type, by Application and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The research methodology used to estimate and forecast the Propylene Glycol Market began with capturing data from the key vendors' revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

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Market Drivers
Rising use of cosmetics and personal care product in developed and developing countries
Usage of product as coolant and antifreeze in a rising automobile industry

Market Trend
Innovation of bio based propylene glycol is increasing the revenue of the market
Rising usage of propylene glycol in automobile, chemical, food and aerospace industry

Restraints
High prices associated with raw materials and low availability
Government regulations on the usage of propylene glycol in food and other industry

Opportunities
Growth of industrialization and urbanization in developing countries
Rising pharmaceutical industry owing to the use in food and beverage

Strategic Points Covered in Table of Content of Propylene Glycol Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Propylene Glycol market
Chapter 2: Exclusive Summary – the basic information of the Propylene Glycol Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Propylene Glycol
Chapter 4: Presenting the Propylene Glycol Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Propylene Glycol market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Propylene Glycol Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involves the industry experts from the Propylene Glycol Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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