Propylene glycol (PG) is a clear, colorless liquid with the consistency of syrup. It is practically odorless and tasteless. It is hygroscopic (attracts water), has low toxicity and outstanding stability, as well as high flash and boiling points, low vapor pressure and broad solvency. In addition, propylene glycol is an excellent solvent for many organic compounds and is completely water-soluble.
Propylene glycol is used by the chemical, food, and pharmaceutical industries as antifreeze when leakage might lead to contact with food. The Food and Drug Administration (FDA) has classified propylene glycol as an additive that is “generally recognized as safe” for use in food. It is used to absorb extra water and maintain moisture in certain medicines, cosmetics, or food products. It is a solvent for food colors and flavors, and in the paint and plastics industries. Propylene glycol is also used to create artificial smoke or fog used in fire-fighting training and in theatrical productions.
Scope of the Report:
The regions of Europe, North America and Asia (ex. China) are the main consumption bases, while Europe holds 21.56% consumption share, North America holds 20.16%, and Asia (ex. China) holds 21.13% consumption share in 2015. They occupy 62.84% of the global consumption in total.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. There will be more new investments entering the field.
The worldwide market for Propylene Glycol (PG) is expected to grow at a CAGR of roughly 9.1% over the next five years, will reach 6060 million US$ in 2024, from 3600 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Propylene Glycol (PG) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Dow
Huntsman
DuPont (Tate & Lyle )
ADM
Polioles
Lyondell Basell Industries
Repsol
BASF
Oelon
Sumitomo Chemical
Asahi
ADEKA
SKC
Shell
Shandong Shida Shenghua Chemical
Tongling Jintai Chemical
CNOOC and Shell Petrochemicals
Hi-tech Spring Chemical
Daze Group
Shandong Depu Chemical
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Industrial Grade
Food Grade
Pharmaceutical Grade
Market Segment by Applications, can be divided into
UPR
PPG
Pharmaceuticals and Food
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Propylene Glycol (PG) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Propylene Glycol (PG), with price, sales, revenue and global market share of Propylene Glycol (PG) in 2017 and 2018.
Chapter 3, the Propylene Glycol (PG) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Propylene Glycol (PG) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Propylene Glycol (PG) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Propylene Glycol (PG) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Propylene Glycol (PG) . Industry analysis & Market Report on Propylene Glycol (PG) is a syndicated market report, published as Global Propylene Glycol (PG) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Propylene Glycol (PG) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.