Global Propylene Glycol Market Size was valued nearly USD 4.01 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.21% during the forecast period that is 2017-2025 owing to increasing widely used in various sectors such as Cosmetics & Personal Care, Food & Beverage, Pharmaceutical, Automotive, Building & Construction, and Others industries. APAC region is projected to be dominating the worldwide propylene glycol market share by summarizing more than one third % of the global demand under its own territory. The base year considered for this study is 2017, while the forecast period is from 2019 to 2025.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global propylene glycol market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global propylene glycol market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Propylene Glycol Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Propylene Glycol Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in propylene glycol market are included as primary sources of the supply side.

After performing comprehensive engineering of propylene glycol market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been lcarried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Regional Analysis

The global glycol market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In global propylene glycol market the North America is anticipated to be fastest growing regional economy in terms of revenue and demand during the forecast period, which is followed Europe. The market growth majorly driven by its increasing use in manufacturing sectors such as Automotive, HVAC, Textiles, Polyester Fibers & Resins, Airline. The U.S market will play significant role in regional market due to high demand, largest manufacture hub, advanced technologies, and presence of major key players. Asia Pacific was valued to significant growth in 2018 and is excepted to be fastest growing and hold largest share during forecast period, in terms of value because of high demand, increasing industrialization in manufacturing sectors, presence of huge consumer base and export-oriented industrial production. In terms of production, China, India and Taiwan led the region during the forecast period.

Global Glycol Market Size, Share Analysis By Region 2017

Global Propylene Glycol Market Study Objective

1. To forecast the market size of propylene glycol market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of propylene glycol market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of propylene glycol market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of propylene glycol market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the propylene glycol market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Global Propylene Glycol Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.