Propylene Glycol

Global Market Trajectory & Analytics

MCP14243

EXECUTIVE ENGAGEMENTS

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DATE

APR 2021

TABLES

207

279

EDITION

6

PRICE

USD $5450

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Propylene Glycol estimated at US$4.1 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at aCAGR of 4.7% over the period 2020-2027. Petroleum, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bio-Based segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The Propylene Glycol market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

SELECT PLAYERS

Adeka Corporation; Archer Daniels Midland Company; Arrow Chemical Group Corp.; Asahi Glass Co., Ltd.; BASF SE; Chaoyang Chemicals, Inc.; DowDuPont, Inc.; DuPont Tate & Lyle Bio Products LLC; Global Bio-Chem Technology Group Co., Ltd.; Golden Dyechem; Helm AG; Huntsman Corporation; INEOS Group AG; LyondellBasell Industries NV; Oleon NV; Oxyde Belgium bvba; Royal Dutch Shell PLC; Shandong Depu Chemical Industry Science and Technology Co., Ltd; SKC Co., Ltd.; Temix International S.R.L.; Trinternational, Inc.

SEGMENTS

» End-Use Industry (Transportation, Building & Construction, Pharmaceuticals & Cosmetics, Other End-Use Industries) » Source (Petroleum, Bio-Based)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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