Propylene Glycol Market to show significant growth by 2025 Propylene Glycol Market - PDF | Page 2

The propylene glycol is derived from two sources namely petroleum based, and bio based.
Pharmaceutical grade glycerin is used in manufacturing bio-based propylene glycol. The U.S.
FDA has provided GRAS (generally recognized as safe) status to this making it preferred choice
for applications in food & beverage industry. The other source to produce propylene glycol is
through petroleum-based feedstock.
Propylene glycol market has applications in unsaturated polymer resins, antifreeze and
functional fluids, plasticizers, excipients, cosmetics, plasticizers and others. It is used in
beverages for flavor dissolving, keeping the animal feed moist and as an emulsifiers water and
oily elements in sprays, cream and other liquids. It is primarily used as excipients in various
medicines. For industrial applications the product is used in unsaturated polyester resin which
are used in manufacturing components for automobiles, kitchenware, bathtubs, marine
industry and in wind turbine blades. The product is also an important ingredient in
formulating paints & coatings, polyurethane foam, heat transfer fluids, aircraft de-icing and
liquid detergents.
To browse this report titled, “Propylene Glycol Market Overview and Product Scope over
2019 - 2025: Global Market Insights, Inc.”
https://www.gminsights.com/industry-analysis/propylene-glycol-market
Propylene glycol has various end use sectors such as transportation, home & personal care,
pharmaceuticals, building & construction, and others. The others include, marine, animal
feed, etc. Strategic steps taken by government to increase the infrastructure development in
countries such as Mexico, Brazil, Mexico, etc. will escalate the propylene glycol market over
forecast timeframe. Increasing environmental concerns has given push to adopt non-
conventional energy such as wind energy propelling which will further add up in the growth
path of the product market.
North America and Europe are expected to hold decent share in the propylene glycol market.
The growth rate is although sluggish in these regions due to less investment in construction
sector. Many European countries such as France, Italy, etc. are leading manufacturers of
cosmetics and personal care products, these countries are also home of some of the leading
brands, which makes it suitable destination for propylene market. Developing economies in
Asia Pacific region will show a robust growth rate in near future supported by increasing
urbanization. It is expected that market is expected to get consolidated in Asian countries due
to rising demand of unsaturated polyester resins.
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