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Bio-Based Propylene Glycol Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Bio-Based Propylene Glycol Market u2013 Size, Share, Outlook, and Opportunity Analysis, 2019 u2013 2027<br>

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Bio-Based Propylene Glycol Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. BIO-BASED PROPYLENE GLYCOL MARKET ANALYSIS Bio-Based Propylene Glycol Market, by Application (Unsaturated Polyester Resin, Antifreeze & Coolant, Chemical Intermediates, Solvent, and Others), by End-use Industry (Automotive, Food Processing, Cosmetics, Pharmaceuticals, Construction, Marine, Transportation, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

  3. Market Dynamics Bio-based propylene glycol is product that is derived from plants by catalytic process, having high boiling and flash point, stability, and low vapor pressure. Bio-based propylene glycol helps in reducing greenhouse gas emissions. It offers fruity odor and is used in the manufacturing of colognes and perfumes. It has very low toxicity and is listed in generally recognized as safe (GRAS) for use in food and pharmaceuticals. The bio-based propylene glycol finds applications in waste heat recovery, solar system, and others.

  4. Market Outlook Eco-friendly methods of manufacturing of propylene glycol is a major factor driving growth of the global bio-based propylene glycol market. It is used as a coolant in automobile industry due to its lower freezing point property. The coolant helps in preventing corrosion in the cooling system and also carries away the engine's waste heat. Significant growth in automotive industry due to increasing middle class and young population is expected to boost growth of the bio-based propylene glycol market during the forecast period. According to the U.S. International Trade Organization (ITA) 2017, China is the world’s largest vehicle market, reporting sales of over 28 million units in 2016, which is expected to reach 35 million units by 2025.

  5. Key Players Key players operating in the global bio-based propylene glycol market include Archer Daniels Midland Company, BASF SE, Huntsman International LLC., Oleon, The Dow Chemical Company, Ashland, DuPont Tate & Lyle Bio Products Company, and others.

  6. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/ongoing-insight/bio-based-propylene-glycol-market-2583

  7. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  8. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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