Propylene Glycol Market worth USD 4.60 Billion by 2021
The Global Propylene Glycol Market was valued at 3.32 Billion in 2015, and is projected
to reach 4.60 Billion by 2021, at a CAGR of 5.8% from 2016 to 2021. In this report, 2015 is
considered as the base year and the forecast period is from 2016 to 2021.
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The target audiences for the propylene glycol market report are as follows:
Propylene Glycol Manufacturers
Propylene Glycol Suppliers
Raw Material Suppliers
Investment Banks
Government Bodies
Eco-friendly production process of bio-based propylene glycol has led to the growth of the
global propylene glycol market. Also, the growing automotive industry in Asia-Pacific is
driving the market as propylene glycol is widely used in engine coolants and sheet molding
compounds among others.
Currently, the global propylene glycol market is led by various market players such as
The Dow Chemical Company (U.S.)
LyondellBasell Industries N.V. (Netherlands)
BASF SE (Germany)
Archer Daniels Midland Company (U.S.)
Global Bio-chem Technology Group Co., Ltd. (China)
DuPont Tate & Lyle Bio Products Company
LLC (U.S.)
Huntsman Corporation (U.S.)
SKC Co., Ltd. (South Korea)
Temix International S.R.L. (Italy)
Ineos Oxide (Switzerland).