#Europe Propylene Glycol Market Trend

[chemanalystdata]

U.S. Glycerine Prices 2025, News, Trend, Graph, Chart and Forecast

 Glycerine prices are influenced by a combination of supply chain dynamics, raw material availability, production costs, and global demand trends. The market for glycerine, a versatile compound widely used in pharmaceuticals, cosmetics, food, and industrial applications, has experienced fluctuations due to various economic and geopolitical factors. The price of glycerine is closely tied to its primary sources, including vegetable oils such as palm and soybean, as well as biodiesel production, which generates crude glycerine as a byproduct. Changes in the cost of these raw materials, along with shifts in biodiesel output, directly impact glycerine prices across different regions.

The global glycerine market has been witnessing price volatility due to disruptions in supply chains, fluctuating crude oil prices, and regulatory policies affecting biodiesel production. In recent years, sustainability concerns and environmental regulations have played a significant role in shaping the market. The increasing adoption of biodiesel as a renewable energy source has led to higher glycerine production, but demand-supply imbalances sometimes create price instability. Additionally, weather conditions affecting palm and soybean cultivation influence feedstock costs, which in turn impact glycerine pricing.

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The pharmaceutical and personal care industries represent a major segment driving glycerine demand. The rising consumer preference for organic and natural ingredients in cosmetics and skincare products has increased the use of glycerine due to its humectant and moisturizing properties. The pharmaceutical sector also relies heavily on high-purity glycerine for drug formulations and medicinal applications. With the expansion of these industries, glycerine consumption continues to grow, supporting market stability but also contributing to price fluctuations based on demand surges.

The food and beverage sector is another key contributor to glycerine demand, as it is used as a sweetener, preservative, and food additive. Health-conscious consumers are pushing for cleaner-label products, leading to higher demand for plant-based and naturally derived glycerine. Regulatory approvals for its use in food applications further drive its market expansion. However, any disruption in the supply of raw materials or changes in regulatory frameworks can affect price trends, making it essential for industry players to closely monitor market conditions.

Industrial applications of glycerine, including its use in antifreeze, lubricants, and chemical intermediates, add another dimension to market dynamics. The chemical industry uses glycerine as a precursor for various derivatives, including propylene glycol and epichlorohydrin, which are essential in manufacturing plastics, resins, and coatings. The fluctuations in petrochemical prices and the shift towards bio-based chemicals influence glycerine pricing patterns. Emerging applications in bio-based polymers and green chemistry are expected to drive demand in the coming years, further affecting price movements.

The Asia-Pacific region is a dominant player in the global glycerine market due to its strong palm oil industry and biodiesel production capabilities. Countries like Indonesia and Malaysia, leading producers of palm oil, play a crucial role in determining glycerine supply and pricing. Any policy changes regarding palm oil exports, deforestation regulations, or biodiesel mandates in these countries can create ripple effects across the glycerine market. China and India, being major consumers, contribute significantly to price trends through their industrial and pharmaceutical sectors.

In North America and Europe, the demand for refined glycerine remains high due to its widespread applications in personal care, pharmaceuticals, and food processing. The growing emphasis on sustainability and circular economy principles has led to increased investments in bio-based chemicals, further supporting glycerine demand. The European Union’s strict environmental policies and carbon reduction goals have also impacted the biodiesel sector, thereby influencing glycerine production levels. In the United States, fluctuations in soybean oil prices and biodiesel blending mandates affect domestic glycerine availability and pricing.

The Middle East and Africa, though relatively smaller markets, are witnessing rising demand due to expanding pharmaceutical and personal care industries. The increasing adoption of bio-based products and growing awareness of glycerine’s multifunctional benefits are expected to boost consumption in these regions. Latin America, particularly Brazil, is a significant player in the biodiesel industry, contributing to glycerine supply through soybean-based biodiesel production. Economic conditions, trade policies, and government incentives for renewable energy play a role in shaping the region’s glycerine market.

The COVID-19 pandemic had a notable impact on glycerine prices as disruptions in supply chains, logistics challenges, and fluctuating demand created uncertainty. While some sectors experienced a decline in demand, the pharmaceutical and personal care industries saw increased consumption due to heightened hygiene awareness and medical applications. The recovery phase post-pandemic has seen market stabilization, but ongoing geopolitical tensions, inflationary pressures, and energy crises continue to affect glycerine price movements.

Future price trends in the glycerine market will depend on multiple factors, including advancements in bio-based chemicals, regulatory changes, and technological innovations in glycerine refining. The push towards sustainable and renewable resources is expected to drive the development of alternative glycerine production methods, reducing reliance on traditional feedstocks. Industry players are investing in research and development to enhance glycerine purity, optimize production efficiency, and explore novel applications in biodegradable plastics, biofuels, and green solvents.

Market participants, including manufacturers, suppliers, and end-users, must stay informed about global economic conditions, raw material price fluctuations, and evolving regulatory landscapes to make strategic decisions. Price forecasting and market analysis play a crucial role in ensuring competitiveness and profitability in the glycerine industry. Collaborations, mergers, and acquisitions within the sector can also impact pricing trends by reshaping supply chains and market dynamics.

Overall, the glycerine market remains dynamic, with numerous factors influencing price movements across different regions and applications. The growing emphasis on sustainability, increasing industrial applications, and expanding consumer preferences for bio-based products will continue to shape market trends. Companies operating in the glycerine industry must adapt to changing market conditions, optimize supply chain strategies, and invest in innovation to maintain a competitive edge in this evolving landscape.

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[mrunalijadhav]

Mono Propylene Glycol Market: Exploring Global Growth Trends, Demand Drivers, and Emerging Opportunities

The mono propylene glycol market has witnessed significant expansion, driven by its diverse applications across multiple industries. As a versatile chemical compound, mono propylene glycol is widely utilized in industries such as cosmetics, pharmaceuticals, food and beverages, and automotive. Its growing demand is fueled by increasing awareness of sustainable production practices and rising consumer preferences for safe and environmentally friendly products. The chemical's ability to serve as a humectant, solvent, and heat transfer fluid makes it indispensable in both industrial and consumer applications.

Key Factors Driving Market Demand The market's growth is significantly influenced by advancements in industrial sectors like construction, automotive, and food processing. Mono propylene glycol's utility in antifreeze and coolant formulations continues to be a major driver, especially as global temperatures fluctuate, increasing demand for temperature-regulating solutions. Additionally, its application in personal care products is expanding due to its non-toxic and skin-friendly properties. Regulatory support for its use in food-grade and pharmaceutical-grade products further boosts its acceptance across markets.

Regional Trends and Market Expansion North America and Europe hold substantial shares of the mono propylene glycol market due to well-established industrial bases and stringent quality standards. Meanwhile, Asia-Pacific is emerging as a key region for market growth, propelled by rapid industrialization, increasing investments in infrastructure, and expanding consumer markets. Countries like China and India, with their growing automotive and construction industries, are creating immense opportunities for manufacturers to capitalize on. Moreover, the region’s rising focus on sustainable production aligns with global trends in reducing the environmental impact of chemical processes.

Sustainability and Eco-Friendly Trends One of the most critical trends shaping the mono propylene glycol market is the growing emphasis on sustainability. Consumers and industries alike are seeking products derived from renewable sources to minimize their ecological footprint. This has led to innovations in bio-based mono propylene glycol production, offering a greener alternative to conventional petrochemical-derived options. The integration of circular economy principles in chemical manufacturing further supports the development of sustainable supply chains, benefiting manufacturers and end-users.

Technological Advancements and Market Challenges Technological innovations are playing a pivotal role in shaping the future of the mono propylene glycol market. Enhanced manufacturing processes, improved product formulations, and increased focus on R&D have led to better performance and cost-efficiency. However, the market faces challenges, including fluctuating raw material prices and competition from substitute products. Manufacturers are addressing these hurdles by investing in advanced production techniques and diversifying their product portfolios to maintain competitiveness.

Future Outlook and Opportunities The mono propylene glycol market is poised for steady growth in the coming years, with emerging opportunities in bio-based products and expanding applications in pharmaceutical and food-grade segments. As industries adopt more sustainable practices and innovative solutions, mono propylene glycol is set to remain a critical component in addressing global challenges related to efficiency and environmental impact. Companies focusing on partnerships, innovation, and eco-friendly initiatives are likely to gain a competitive edge in this evolving market.

[pharmaceuticals2]

The Artificial Tears Market: A Lucrative Opportunity

The artificial tears market is growing incrementally with an increase in dry eye syndrome, the geriatric population, and awareness about eye care. However, it discusses the prime trends and challenges that delineate the market of artificial tears.

The artificial tears market is expected to grow from US$ 2.98 billion in 2023 to US$ 4.85 billion by 2031. The market is likely to witness a CAGR of 7.2% during the period 2023-2031.

Market Overview

Over-the-counter artificial tears, which patients use to relieve conditions like irritation and redness of eyes and blurred vision due to dry eye syndrome, is a market that is likely to grow with significant amounts in the future because of factors like:

Rising Prevalence of Dry Eye Syndrome: Millions worldwide, particularly in developed countries with higher usage rates of computers and aging populations, suffer from this widespread affliction.

Increasing Geriatric Population: Older persons are more susceptible to dry eye symptoms due to changes in tear production and quality associated with aging

Rising Awareness of Eye Health: Better awareness of the requirement for eye health and information from the web is making people seek the need for eye care products 

Improvements in Technology: Superior formulation and delivery systems have promoted efficient and easy-to-use artificial tear products.

Market Segmentation-

By Type

Cellulose Derived Tears

Glycerin Derived Tears

Oil-based Emulsion Tears

Polyethylene Glycol Based Tears

Propylene Glycol Based Tears

Sodium Hyaluronate Based Artificial Tears

By Delivery Mode

Eye Drops

Ointments

By Application

Dry Eyes Treatment

Contact Lenses Moisture

By Region

North America

Europe

Asia-Pacific

South and Central America

Middle East and Africa

Key Players

Johnson Services Inc

Alcon Inc

OASIS Medical

AbbVie Inc

Bayer AG

Prestige Consumer Healthcare Inc

Santen Pharmaceutical Co Ltd

Bausch Health Companies Inc

Akorn Incorporated

Aurolab

Key Market Trends

Shift Towards Preservative-Free Products: Consumers are becoming more amenable to adopting preservative-free artificial tears to avoid probable eye irritation and allergic reactions.

Focus on therapeutic eye drops: A market full of therapeutic eye drops that will target definite underlying factors causing dryness due to inflammation or nerve damage.

Digital eye strain products surge: Digital eye strains are increasing with people spending ever more time and periods viewing screens, and products to address this will be in demand.

Tailored eye care solutions: The technological advance will stimulate tailored artificial tear formulations for an individual eye care solution.

Challenges and Opportunities

Even though the artificial tears market offers substantial opportunities for growth, it also presents certain challenges:

Competition from Generics- When generic artificial tear products emerge in the market, the market share and premium price position that branded products can command will be impacted.

Regulatory Barriers- High regulatory hurdles about ophthalmic products imply that new products take more time to reach the marketplace and that research costs increase.

Patient Compliance- Patients find it hard to comply with the use of artificial tears as they have to use the drops for an extended period.

However, strategic initiatives such as the following might be challenges that will be overcome:

Product Differentiation: The difference in developing new unique and innovative products that can be a benefit to the customer.

Strong Branding and Marketing: Building a brand from scratch will require effective knowledge of the benefits of artificial tears usage, so educating customers about those increases demand.

Strategic Partnerships: Partnering with healthcare providers and eye care specialists and establishing connections helps make a bigger case for the promotion of usage based on product visibility.

The artificial tears market is highly likely to grow significantly. This is attributed to the fact that dry eye is increasingly becoming prevalent, the population is aging, and awareness of eye health is also increasing. Based on a deeper understanding of key trends in this market, challenges it faces, and opportunities, stakeholders can position themselves to take advantage of the lucrative market.

Frequently Asked Questions-

What is the largest regional market for Artificial Tears?

Ans: - North America holds the largest regional market in Artificial Tears.

Who are the leading companies to hold the market share in the Artificial Tears market?

Ans: - Johnson Services, Inc., Alcon Inc., OASIS Medical, AbbVie Inc., Bayer AG, Prestige Consumer Healthcare Inc., Santen Pharmaceutical Co., Ltd., Bausch Health Companies Inc., Akorn, Incorporated, Aurolab are the leading companies to hold the market share.

At what growth rate would the market be estimated to grow during the forecast period of 2023 to 2031?

Ans: -It is anticipated that during the forecast period, by 2031, the Artificial Tears market will gain a growth rate of 7.2%.

What size is the Artificial Tears market?

Ans: - Global Artificial Tears market size was valued at US$ 2.98 billion in 2023 and is anticipated to reach US$ 4.85 billion by 2031.

What are the segments of the Artificial Tears market?

Ans: - The Artificial Tears market is segmented into Type, Delivery Mode, Application, and region.

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[jayanthitbrc]

Navigating the Growing Artificial Tears Market

Overview and Scope Artificial tears are eye drops, gels, or ointments that are used to relieve dryness and irritation of the ocular surface. It is commonly used to treat dry eye syndrome, a condition caused by reduced tear production or increased tear evaporation. Sizing and Forecast The artificial tears market size has grown strongly in recent years. It will grow from $3.32 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%.  The growth in the historic period can be attributed to aging population, prolonged screen time, healthcare expenditure, shift from prescription to OTC, regulatory changes. To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/artificial-tears-global-market-report Segmentation & Regional Insights The artificial tears market covered in this report is segmented – 1) By Type: Glycerin Tears, Cellulose Tears, Oil-Based Emulsion Tears, Polyethylene Glycol-based Tears, Sodium Hyaluronate Based Artificial Tears, Propylene Glycol-based Tears 2) By Dosage: Suspensions, Solution, Ointment, Emulsion, Gel, Spray 3) By Indication: Dry Eye Syndrome, Allergies, Infections, UV And Blue Light Protection, Contact Lens Moisture Retention, Other Indications 4) By Distribution: Retail Pharmacies, Hospital Pharmacies, Online Pharmacies, Ophthalmic Stores North America was the largest region in the artificial tears market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial tears market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=13799&type=smp Major Driver Impacting Market Growth The rising prevalence of dry eye disease is expected to propel the growth of the artificial tear market going forward. Dry eye disease is a condition where the eyes do not produce enough tears, or the tears are of poor quality, leading to irritation and discomfort. Artificial tears supplement natural tear production, providing lubrication and relief for dry eyes. Key Industry Players Major companies operating in the artificial tears market report are Pfizer Inc., Johnson & Johnson, AbbVie Inc., Novartis AG, Abbott Laboratories, Otsuka Pharmaceutical Co. Ltd., Alcon, Bausch Health Companies Inc., Sun Pharmaceutical Industries Ltd., Dr Reddy's Laboratories, Santen Pharmaceutical Co. Ltd., Lupin Limited, Rohto Pharmaceutical Co. Ltd. The artificial tears market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

[umadeochake]

Growth of Propylene Oxide Market Quantitative and Qualitative Analysis | Industry Challenges and Forecast till 2036

Research Nester has released a report titled “Propylene oxide Market: – Global Demand Analysis & Opportunity Outlook 2036” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.

The global propylene oxide market has shown significant growth on account of increasing application of propylene oxide as a chemical intermediate. Backed by this factor, the propylene oxide market is estimated to witness significant growth in the coming years. In 2019, the market accounted for a market value of USD 13875.7 million and is estimated to grow by a CAGR of 5% over the forecast period of 2023-2035. A significant trend in the propylene oxide market has been the development and commercialization of new production technologies, which not only reduces the production of by-products but also does not use any chlorine-based chemistry.

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Regionally, the global propylene oxide market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa region. Among the market in these regions, the Asia Pacific propylene oxide market is estimated to witness highest growth throughout the forecast period. The region is home to some of the fastest-growing economies of the world, including China, India, Bangladesh, and others. The evolution of construction, automotive, food & beverage and other industries has further strengthened the overall economic growth of the region, which is further anticipated to create lucrative opportunities for the new entrants in the market. 

The Europe propylene oxide market is expected to touch a value of USD 4199.5 by 2035 by growing at a CAGR of 2.8 percent over the forecast period. Propylene oxide has gained popularity in the European market owing to its growing adoption in end-use industries such as construction & manufacturing, automobiles, consumer electronics, and packaging. Germany is the largest as well as the fastest-growing country in Europe propylene oxide market. The rapidly growing construction sector in the country on account of population growth, demographic changes, and favorable environment has influenced the market growth. The building & construction industry is one of Europe’s main consumer of propylene oxide.

The global propylene oxide market is segmented on the basis of production process into chlorohydrin process, styrene monomer process, hydrogen peroxide process, TBA co-product process, and cumene-based process. Among these, is it anticipated that the chlorohydrin (CPHO) process will account for a market value of about USD 4920.6 million by 2020. CHPO is the oldest process used in the production of propylene oxide and held the largest market share in 2019.

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Increasing Use Of Propylene Oxide As A Chemical Intermediate to Drive the Market Growth

Increased demand for propylene oxide for the production of chemical intermediates such as for the polyurethane and solvent industries, is a key factor expected to drive the growth of the market over the forecast period. The rapidly growing healthcare sector is also expected to create lucrative opportunities for the global propylene oxide market. Propylene oxide is used for low-temperature sterilization of medical devices, bandages, and various other pharmaceutical products. It also functions as an essential chemical intermediate for the manufacture of propylene glycol, which is widely used in the chemical, food & beverage, pharmaceutical and cosmetics industries. Over the forecasted period, this factor is expected to drive the growth of the global demand for propylene oxide.

However, the possible carcinogenicity associated with the application of propylene oxide along with the environmental liability associated with the chlorohydrin process for the production of propylene oxideis expected to serve as a restraining factor in the growth of propylene oxide market during the forecast period.

This report also provides the existing competitive scenario of some of the key players of the propylene oxide market which includes company profiling of Dow, Balchem Inc (NASDAQ: BCPC), BASF SE (ETR: BAS), Ashland (NYSE: ASH); Alfa Aesar, Thermo Fisher Scientific.; Sumitomo Chemical Co, Ltd. (TYO: 4005), Huntsman International LLC (NYSE: HUN), Lyondellbasell Industries Holdings B.V. (NYSE: LYB), Eastman Chemical Company (NYSE: EMN) among other prominent players.

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Propylene Oxide Market– Global Demand Analysis & Opportunity Outlook 2036”, analyses the overall propylene oxide industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global propylene oxide market in the near future.

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[chemicalsectorupdates]

Sustainable Practices in the Propylene Oxide Market: Environmental Implications

Propylene Oxide: A Versatile Chemical Used Widely in Various Industries Production and Uses of Propylene Oxide Propylene oxide is primarily produced through a chemical process called chlorohydrin process where propylene is reacted with chlorine and water in the presence of a catalyst. This commercial process results in an approximate yield of 90% of propylene oxide. Propylene oxide production began back in the 1950s and has grown significantly over the past few decades with increasing applications across various industries. On an average, over 10 million metric tons of propylene oxide is produced globally every year to meet the growing demand. Main applications of propylene oxide include production of polyether polyols, which are further used to manufacture polyurethane flexible and rigid foams. These foams find applications as insulation in buildings as well as packaging, furniture, bedding, and automotive industries. Propylene oxide is also used to produce propylene glycols that are deployed as antifreeze and deicing fluids as well as solvents in food, pharmaceuticals and various other industries. Other notable applications of propylene oxide include production of specialty chemicals like glycol ethers used as solvents and surfactants. Global Demand and Key Markets Presently, Asia Pacific region accounts for over 50% of global propylene oxide production led by China. Other major producers include Europe and North America. The propylene oxide market is forecast to grow at over 4% annually driven by the expanding construction as well as automotive industries in developing countries and the need for insulating materials as well as car seats made from polyurethane foam. The polyurethane flexible foams produced using propylene oxide find widespread applications in bedding, furniture, automotive seating and insulation in buildings across all geographies. The polyurethane rigid foams are extensively used in construction projects for thermal and acoustic insulation. Future growth in infrastructure and real estate markets in Asian countries like India and construction growth in Africa and Middle East is expected to drive demand for insulating polyurethane foams and propylene oxide in turn. Fluctuating Raw Material Prices The prices of propylene oxide are closely linked to that of propylene, which is the main raw material. Over the past year, propylene prices have witnessed volatility due to supply disruptions and rising energy prices impacting global propylene oxide market. Any fluctuations in oil and natural gas prices from where propylene is derived further impact the prices. Presently, propylene prices and hence propylene oxide prices are on an upward trend driven by tight supply of propylene following repairs in refineries and outages at cracker units. Environmental Regulations Like several chemical commodities, propylene oxide production and operations are also regulated for environmental reasons given its hazardous nature during production. Manufacturers have to adhere to standards pertaining to air pollution control equipment at production facilities and strict disposal guidelines for any propylene oxide waste generated. Some regions and standards organizations are also promoting transition towards more sustainable production methods. In summary, propylene oxide is a critical petrochemical supporting major manufacturing sectors globally through its diverse applications especially in polyurethane products. While raw material price trends remain an important factor, the increasing uses of propylene oxide based chemicals coupled with downstream industry growth ensure steady future prospects for this multimillion ton chemical market. Adherence to environmental standards during production will also be a key aspect for sustainability.

[salvinak]

Rising Demand from Pharmaceutical Industry to Boost Bio-Propylene Glycol Market Growth

Bio-Based Propylene Glycol Market Scope & Overview

The report includes market analysis for each geographical region, as well as a cross-section of the global economy. The study includes a competitiveness analysis of the industry as well as a structural evaluation of Porter's Five Forces to assist readers in assessing the financial status of key market participants. The Bio-Based Propylene Glycol Market report focuses on the various opportunities, constraints, and expansions that are expected to have an immediate impact on business outcomes.

The research report will highlight innovations and cutting-edge technologies that will have a significant impact on the global Bio-Based Propylene Glycol market's development over the forecast year. To create a cross-sectional view of the global economy, the study examines all industries in terms of demand estimates in various regions. The study examines numerous demand, constraint, and opportunity factors that are expected to influence market growth in the near future.

Market Segmentation Analysis

The research used a bottom-up methodology to estimate the overall size of the Bio-Based Propylene Glycol market over the predicted time period. These categories and sub-segments have been documented by market specialists and other knowledgeable individuals in order to provide an accurate and complete picture of the market. External validation of these segments and sub-segments was also performed by comparing data from previous years. Data was collected and forecasted for a wide range of product categories across many industry verticals, end-user sectors, and applications.

Key players:

 BASF SE, The Dow Chemical Company, LLC, Huntsman International LLC., Oleon, Cargill, Temix International S.R.L., Ineos Oxide, Archer Daniels Midland Company, DuPont Tate & Lyle Bio Products Company, Ashland, Global Bio-Chem Technology Group Co., Ltd., ADM, SKC Co., Ltd., and Others.

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Market Segmentation:

By Application

Solvent

Chemical Intermediates

Unsaturated Polyester Adhesives

Antifreeze & Coolant

Others

By End-User Industry

Food Processing

Construction

Cosmetics

Automotive

Pharmaceuticals

Transportation

Marine

Others

COVID-19 Impact Analysis

During the primary and secondary research phases, several industry experts and delegates are interviewed for a report on the Bio-Based Propylene Glycol market in order to provide clients with accurate information to solve market challenges during and after COVID-19. Suppliers, end users, and distributors can use the market research report to get answers to a variety of questions, as well as to plan acquisitions and look for additional growth opportunities. It looks into potential solutions as well as current and future challenges.

Regional Outlook

To assist market participants in determining the regional state of significant global business suppliers, the report includes a regional market rivalry analysis and a model assessment of SWOT analysis. The Bio-Based Propylene Glycol market research covers all major regions, including the Middle East and Africa, North America, Asia Pacific, and Europe.

Competitive Analysis

The research examines, among other things, expansion and growth plans, price dynamics, and manufacturing techniques. A basic overview is also provided by a global market study that considers definitions, classifications, implementations, and supply chain structure. The global Bio-Based Propylene Glycol market share research includes information on key market players, production patterns, industry environment analysis, and regional growth trends, among other things.

Key Questions Answered in the Bio-Based Propylene Glycol Market Report

What are the most effective strategies for remaining competitive in a volatile market?

What will the market size and compound annual growth rate be during the forecast period?

What are the primary factors that are expected to influence future market growth?

Conclusion

The Bio-Based Propylene Glycol market research report will cover all significant discoveries and breakthroughs that will have a significant impact on the global market over the forecast time period.

Table of Contents

1. Introduction

2. Research Methodology

3. Market Dynamics

4. Impact Analysis

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Global Bio-based Propylene Glycol Market segment, By Application

9. Global Bio-based Propylene Glycol Market segment, By End-User Industry:

10. Regional Analysis

11. Company Profiles

12. Competitive Landscape

13. Conclusion

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[sophiareddy123]

The Propylene Glycol Market is segmented by Grade (Industrial, Food and Beverages, and Pharmaceutical), Application (Flavoring Agent, Antifreeze and Deicer Agent, Unsaturated Polyester Resins, Chemical Intermediates, and Other Applications), End-user Industry (Transportation, Building and Construction, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa).

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[fatpos-global]

Propylene Oxide Market to Surge at 5.17% CAGR, which is anticipated to reach USD 26.67 billion by 2030

Fatpos Global has released a report titled “Propylene Oxide Market –Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030” which is anticipated to reach USD 26.6 billion by 2030. According to a study by Fatpos Global, increased use of polyurethanes in sealants, thermal insulators, and flooring will fuel industry growth over the next seven years. Increased global infrastructure spending is expected to drive demand over the forecast period. In addition to industry growth, Propylene Oxide market penetration is expected to rise above the forecast level. On the other hand, increasing Investment by the major players in new environmentally friendly techniques to produce Propylene Oxide will create more opportunities that will result in the growth of the Propylene Oxide market over the forecast period.

The market report on Propylene Oxide Market includes in-depth insights as:

The estimated value of the market was USD 16.12 billion in the year 2020.

Propylene Oxide in Europe held the largest market share in the year 2020.

Based on, Application, Polyether Polyols, emerged as a key segment in the Propylene Oxide market.

Based on Process, Chlorohydrin emerged as a key segment in the Propylene Oxide market.

Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“Propylene glycol is widely used as a construction chemical for paints, grouts, adhesives, caulking materials, and coatings in both infrastructure and the construction industry. Another industry that is booming recently is the automotive industry, which directly benefits the Propylene Oxide as the products are used in a range of components such as flexible foams, paints, adhesives, and sealants. Thus, it can be said that the Propylene Oxide is inextricably linked with the automotive industry”, said a lead analyst at Fatpos Global.

Download Free Sample Report: https://www.fatposglobal.com/sample-request/propylene-oxide-market-862

Propylene oxide (PO) is a highly reactive organic chemical that is useful as a chemical intermediate in the manufacture of various commercial materials. It is a bulk chemical that can be produced through several technologies. Propylene oxide is a crucial raw material. Propylene Glycol Production Material. In recent years, propylene glycol production has seen a significant increase due to its increasing number of uses in a wide variety of end-use industries such as food and beverage, pharmaceutical, chemical, and others. Propylene glycol is used as a chemical raw material for the production of unsaturated polyester resins, vaporizers for the supply of pharmaceutical and personal care products, humectants in hand disinfectants, deicing agents in airplanes, and solvents for many substances.

The Propylene Oxide Market is segmented by Application into Polyether Polyols and Propylene Glycol. The Polyether Polyols segment is projected to grow at the highest CAGR from 20202 to 2030. The growth in this segment is due to the increasing demand for polyurethane foams from various end-use industries such as automotive, construction and construction, textiles and furniture, and packaging. Polyether polyols are mainly used in polyurethane foams. Applications such as furniture, bedding, and car seats, as well as under the carpet. Rigid foam is widely used in the construction industry, where it is mainly used for insulation. Rigid foam is also used in commercial refrigeration and packaging

Key Players in the Market

Some of the key players operating in the Propylene Oxide Market are The Dow Chemical Company, LyondellBasell Industries Holdings B.V., LyondellBasell Industries Holdings B.V., SK Chemicals, BASF SE, Huntsman International LLC., AGC Chemicals, Sumitomo Chemicals Co., Royal Dutch Shell Plc., Huntsman Corporation.

Get Valuable Insights into Propylene Oxide Market.

In the new report, Fatpos Global thrives to present an unbiased analysis of the Propylene Oxide Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021–2030. The study includes compelling insights into growth that is witnessed in the market. Propylene Oxide market is segmented By Application into Polyether Polyols, Propylene Glycol; By Process into Chlorohydrin, Styrene Monomer, TBA Co-Product, Cumene-based, Hydrogen Peroxide; By End-Use Industry into Automotive, Building & Construction. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

About us

An acronym for “Failures Are the Pillar of Success”, FATPOS Global has grown to become an end-to-end market intelligence firm. At FATPOS Global, we have emerged to become a reliable market research and management consulting company that caters to non-profits, corporations, and government agencies. Our aim is to help organizations make the right decisions backed by reliable data, in order to help them meet their growth goals.

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[latestanalysis]

Global Europe Propylene Glycol Market Size, SWOT Analysis, Growth , Application , Buisness Strategy ,Key Indicators, Forecast till 2027

The European Propylene Glycol market is valued at USD 208,585 Thousand in 2020 and is expected to reach USD 238,193.24 Thousand by 2027, growing at a CAGR of 2.01% from 2020 to 2027.

Propylene Glycol is a basic chemical used as a solvent in various industries such as Pharmaceutical and cosmetics and in the manufacturing of cosmetic products such as skin creams, deodorants, shampoo, ointments and toothpastes, among others. It is also used as a base ingredient in many packaged food products as a preservative to increase the shelf life of the product.

Get Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Europe-Propylene-Glycol-Market/request-sample

Market Drivers: Growing Demand from End-Use Industries

The growth of the Propylene glycol market is fostered by the growing demand from several end-use industries, such as automotive, construction, food & beverages, pharmaceuticals and cosmetics & personal care among others.

Propylene Glycol is a base chemical used as a solvent in various industries and in the manufacture of cosmetic products like skin creams, deodorants, shampoo, ointments and toothpastes, among others. It is also used as a basic ingredient in many Packed Food Products to increase the shelf life of the product.

Entitled with several advantages, the Transportation sector is the largest consumer of Propylene Glycol. Transportation is the significant-growing end-use industry due to the growing automobile sales. Increasing use of propylene glycols in aircraft deicing fluid, automotive coolants, and hydraulic & brake fluids boost the demand of the market during the forecast period.

Propylene Glycol is also used in building and construction especially in the manufacture of hobs for cookers, tiles for roofs, bathrooms accessories, pipes, ducts and tanks. This growing building & construction industry, incorporation with increasing investments in emerging economies for infrastructural development, is propelling the growth of the propylene glycol market.

Market Restraints: Fluctuating prices of propylene glycol products

Fluctuation in the prices of Propylene Glycol is anticipated to be one of the major factor hindering market growth. In 2017, with the recovery of the global economy, the demand for Propylene Glycol was significantly high. During the same time, since a number of Propylene Glycol installations were not functioning properly globally, the supply of Propylene Glycol was reduced, which resulted in increasingly heightened conflicts between supply and demand.

For instance: in 2017, BASF mentioned that due to a supply shortage of raw materials for their supplier the company’s production of Propylene Glycol was disrupted. This fluctuation in raw material prices were observed until the COVID-29 pandemic affected the global production and prices of petroleum-based products hit a major fall.

However, with slow development, prices hit high once again in the end of the year 2020. In November 2020, OQ chemicals announced that it will increase prices of majority of its specialty chemical products due to strong demand and increasing raw material costs. This led to a continuous increase in the prices of Propylene Glycol. Due to an increase in price, end-users particularly in the European region switched to other alternative products. This further slowed down the market for Propylene Glycol. Thus, fluctuation in price levels would have a significant impact on the overall Propylene Glycol market.

Market Opportunity: Multi-Functionality of Propylene glycol

Various types of Propylene Glycol have multi functions based on their characteristics and chemical composition. For instance, Propylene Glycol have gained a momentous traction in transportation sector due to its anti-freezing features. Propylene glycol occurs naturally, and is very less toxic as compared to other counterparts. Due to this reason, this chemical is quite favorable when it comes to environment-friendly chemical label.

The products made from propylene glycol are very popular of their non-allergic features. Estimates on the prevalence of propylene glycol allergy range from 0.8% (10% propylene glycol in aqueous solution) to 3.5% (30% propylene glycol in aqueous solution). Due to this, they have multiple opportunities in the sensitive sectors such as pharmaceutical, cosmetics and personal care.

Value Chain Analysis

The European Propylene glycol market is evolving continuously and expected to witness significant growth during the period of forecast. Constant evolution in products and their various applications leads to the increasing demands across various end uses.

Factors such as investments by key operating players, the presence of a strong pipeline, extensive research and development activities, robust product portfolio, and increasing government initiatives are expected to significantly drive the market.

However, in 2019 and 2020, due to the COVID-19 virus, many companies in the Propylene glycol market were forced to halt their manufacturing and production operations. The business operations of this market were paused. This break in proceedings of the business operations directly influenced the revenue drift of the Propylene glycol market. In addition to the slow growth and sluggish sales due to COVID-19; it is also expected to have a major impact on the supply chain and product demand in the various end use industries. Trade has been affected badly and the sector’s concern has moved on from being centered on supply & value chain disruption from China and India to the overall slump in demand for this product in the eastern European region.

Propylene Glycol Market; COVID-19 Impact Analysis

The chemicals industry is anticipated to experience the impact of the COVID-19 (Corona Virus) pandemic from every direction. Just as supply chains are being interrupted by epidemics in important regions, demand may fall owing to ambiguity in the global economy and capital markets. Workforces are facing the risk of infection & governments are beginning to enact restrictions on movement and both add an unpredictable dimension to the crisis.

The COVID-19 pandemic is causing extensive concern and economic hardship for consumers, businesses and communities across the world. The situation is fast-moving with varied-ranging impacts. There’s no one-size-fits-all approach to the current environment and it’s positively not business as usual. Most companies already have business continuity plans, but those may not address the fast-moving and unknown variables of an outbreak like Corona Virus (COVID 19)

Propylene Glycol Market: Impact on GDP

The pandemic has had a noticeable impact on global economic growth. According to the estimates by the United Nations, the global economy could shrink by almost 0.9-1% this year. Before the outbreak, the World Economic Situation and Prospects 2020 had predicted world output to expand at a modest pace of 2.5% in 2020. Similarly, estimates by the Organization for Economic Cooperation and Development (OECD) project a 0.5-1.5% decrease depending on the contained outbreak and downside scenario, respectively.

The regional trade volume has also been affected drastically putting a halt on the business and the consequent growth of the Eastern European trade. The pandemic has made the regional governments of most countries impose nation-wide lockdown in their respective countries, thereby closing production plants and various workers not able to join their organizations. This production slump has also led to the minimal output in the first quarter of this year.

The wide range of possibilities for the predicted decline is explained by the unprecedented nature of this health crisis & the uncertainty around its precise economic impact. But WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008?09. Estimates of the expected recovery in 2021 are equally uncertain, with outcomes depending largely on the duration of the outbreak and the effectiveness of the policy responses.

Market Segmentation

The Europe Propylene Glycol Market is segmented into type such as Petroleum Based PG, and Bio-Based PG, by Grade such as Industrial Grade (Unsaturated Polyester Resin, Antifreeze & Functional Fluids, Liquid Detergents, Plasticizers, and Paint & Coatings), Pharmaceutical Grade (Food & Beverage, Pharmaceuticals, and Cosmetics), by Other Applications (Animal feed, Tobacco humectants, Inks, and Lacquers). Further, market is segmented into end use such as Transportation, Building & Construction, Food & Beverages, Pharmaceuticals, and Cosmetics & Personal Care.

Also, the Europe Propylene Glycol Market is segmented into various countries such as Germany, UK, France, Turkey, Switzerland, Norway, Sweden, Spain, Italy, Denmark, Finland, Iceland, Poland, Luxembourg, Netherlands, and Belgium.

Market Key players

Various key players are listed in this report such as Croda International, The Dow Chemical Company, Eastman Chemical Company, Honeywell, PBF Chalmette Refinery, Arkema S.A., Chevron Phillips Chemical, Solvay S.A., Symrise AG, OQ Chemicals, Repsol S.A., Royal Dutch Shell, Adeka Europe GmbH,LyondellBasell Industries N.V., BASF SE, Temix International S.R.L.

Market Taxonomy

By Type

Petroleum Based PG

Bio-Based PG

By Grade

Industrial Grade

Unsaturated Polyester Resin

Antifreeze & Functional Fluids

Liquid Detergents

Plasticizers

Paint & Coatings

Pharmaceutical Grade

Food & Beverage

Pharmaceuticals

Cosmetics

Other Applications (Animal feed, Tobacco humectants, Inks, and Lacquers)

By End Use

Transportation

Building & Construction

Food & Beverages

Pharmaceuticals

Cosmetics & Personal Care

By Country

Germany

UK

France

Turkey

Switzerland

Norway

Sweden

Spain

Italy

Denmark

Finland

Iceland

Poland

Luxembourg

Netherlands

Belgium

Browse Full Research Report @ https://qualiketresearch.com/reports-details/Europe-Propylene-Glycol-Market

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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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Propylene Oxide Prices, News, Trend, Graph, Chart, Monitor and Forecast

 Propylene Oxide prices have been subject to fluctuations influenced by multiple market dynamics, including raw material costs, supply chain disruptions, demand from end-use industries, and global economic conditions. As a crucial chemical intermediate, propylene oxide is widely used in producing polyurethane foams, propylene glycol, and other derivatives, making it a key component in industries such as automotive, construction, packaging, and pharmaceuticals. The price trend of this chemical is largely driven by the cost of its primary feedstocks, such as propylene and chlorine, along with energy prices, which have shown volatility due to geopolitical tensions and regulatory changes. Additionally, supply constraints caused by plant shutdowns, maintenance activities, and logistics challenges have further influenced market pricing, leading to short-term spikes and dips.

The global supply chain disruptions seen in recent years have had a significant impact on the availability and pricing of propylene oxide. Factors such as shipping container shortages, port congestion, and labor strikes have contributed to the irregular supply of this chemical, causing price hikes at various points. Additionally, natural disasters or extreme weather conditions affecting key production regions have resulted in temporary shutdowns of manufacturing facilities, leading to supply shortfalls. The impact of these disruptions is particularly noticeable in regions that heavily rely on imports, where any delay in shipments translates to immediate price volatility. Meanwhile, major producing countries such as the United States, China, and Germany have played a crucial role in stabilizing or disrupting global supply, depending on their domestic production capacities and trade policies.

Get Real time Prices for Propylene Oxide: https://www.chemanalyst.com/Pricing-data/propylene-oxide-58

On the demand side, the growth of industries that rely on polyurethane foams has been a major driving force behind the market trend. The construction sector, in particular, has been a significant consumer, given the widespread use of polyurethane-based insulation materials. The rising demand for energy-efficient buildings and sustainable insulation solutions has propelled the need for propylene oxide, pushing prices higher when supply fails to keep pace. Similarly, the automotive industry has shown an increasing reliance on polyurethane foams for vehicle seating, interior components, and lightweight applications, further supporting market demand. However, economic downturns or slowdowns in these industries can lead to decreased consumption, putting downward pressure on prices.

The Asian market, led by China and India, has been a key region for propylene oxide consumption and production. Rapid industrialization, increasing urbanization, and expanding manufacturing capabilities have fueled the demand for this chemical across multiple sectors. China, being one of the largest producers and consumers, has a strong influence on global price movements, especially when domestic policies, trade restrictions, or environmental regulations impact production levels. The introduction of stricter emission norms and sustainability goals has also affected manufacturing costs, as companies have had to invest in cleaner production technologies, which can lead to price increases. In contrast, markets in North America and Europe have experienced more stable pricing trends, supported by well-established supply chains and advanced production techniques. However, fluctuations in crude oil and natural gas prices, which impact feedstock costs, remain a persistent challenge for price stability in these regions.

Technological advancements in the production of propylene oxide have also contributed to cost variations. Traditional methods such as the chlorohydrin process and the oxidation of propylene using hydroperoxides have seen efficiency improvements, leading to better yields and lower waste generation. Innovations in catalytic processes and greener manufacturing approaches have helped mitigate some cost pressures by reducing raw material wastage and energy consumption. However, initial capital investments required for such technological upgrades have sometimes led to short-term price increases as companies seek to recover their investments. Moreover, environmental regulations aimed at reducing carbon emissions have pushed manufacturers toward adopting sustainable processes, which can also have cost implications, thereby influencing market pricing.

Another crucial factor in propylene oxide price trends is the influence of global trade policies, tariffs, and geopolitical tensions. Trade disputes between major economies, such as the United States and China, have created uncertainty in the supply chain, impacting production costs and availability. Tariffs on chemical imports and exports can lead to price differences across regions, creating arbitrage opportunities or supply shortages in specific markets. Additionally, currency fluctuations and inflationary pressures have played a role in determining the final cost of propylene oxide for manufacturers and end-users. The strengthening or weakening of key currencies, such as the US dollar, euro, or Chinese yuan, has affected the affordability of imports and exports, further contributing to price shifts.

Sustainability initiatives and the growing focus on circular economy practices have also influenced the propylene oxide market. Companies are increasingly exploring bio-based alternatives and eco-friendly production methods to align with global environmental goals. While such transitions are still in their early stages, they have the potential to reshape the supply chain and cost structure of propylene oxide in the long run. The adoption of carbon-neutral production technologies and the integration of renewable energy sources in manufacturing facilities could lead to cost reductions over time. However, in the short term, these initiatives may add to operational expenses, thereby influencing price movements.

Looking ahead, the market for propylene oxide is expected to remain dynamic, with multiple factors shaping its price trajectory. The balance between supply and demand, coupled with raw material cost trends, will continue to be key determinants of price fluctuations. Emerging markets in Asia-Pacific, Latin America, and the Middle East are likely to play a growing role in global demand, driven by increasing industrial activities and infrastructural developments. Meanwhile, technological advancements and sustainability efforts are set to influence production costs and market competitiveness. The continued evolution of trade policies, energy prices, and regulatory frameworks will also contribute to shaping the future pricing landscape for propylene oxide.

In conclusion, the propylene oxide market is characterized by a complex interplay of supply chain dynamics, feedstock price fluctuations, technological innovations, and regulatory developments. Prices have been influenced by global economic trends, demand from key industries, and the impact of sustainability initiatives on production costs. With ongoing changes in trade policies and market conditions, stakeholders in the industry will need to closely monitor these factors to navigate price volatility effectively. Whether through strategic sourcing, investment in advanced production methods, or adaptation to shifting consumer demands, companies operating in the propylene oxide market must remain agile to optimize costs and maintain competitiveness in an evolving landscape.

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[sanemyamen]

Global Antifreeze Coolant Market is set to Fly High Growth in Years to Come

Advance Market Analytics released a new market study on Global Antifreeze Coolant Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Antifreeze Coolant Forecast till 2027*.

Antifreeze coolant is a colored liquid that is mixed with water which help to regulate the engine during extreme temperatures. As the temperature outside changes from hot to cold coolant is pumped throughout the engine block to maintain an even operating temperature. Antifreeze does more than just regulate temperature, however it also helps to prevent corrosion. Anti-freeze coolants are used in automobiles, HVAC systems. The antifreeze agents added in water in a certain proportion, that mixture is called an anti-freeze coolant. It is used to reduce excess heat generated by bringing down temperature in vehicle engine, machinery components, etc.

Key Players included in the Research Coverage of Antifreeze Coolant Market are BP plc. (United Kingdom)

Shell Global (Netherlands)

Exxon Mobil Corporation (United States)

Chevron Corporation (United States)

Total S.A. (France)

BASF SE (Germany)

Old World Industries, LLC (United States)

Amsoil Inc. (United States)

Sinopec Corporation (China)

KOST USA, Inc. (United States)

Castrol (United Kingdom)

What's Trending in Market: Advancements in Aerospace and Automotive Technologies

Growing Commercial Aerospace Subsector

Challenges: Can Cause Corrosion if not Replaced when the Coolant Become Old

Opportunities: Heavy Financial Investment is made in R&D for the Aerospace Sector

Growing Demand for Passenger Cars and Light Weight Commercial Vehicles in developing Countries

Market Growth Drivers: Increasing Demands of Automobile

Increasing Adoption of HVAC Systems in Commercial Construction

Increasing Requirement for Protection against Corrosion and Freezing

The Global Antifreeze Coolant Market segments and Market Data Break Down by Type (Ethylene Glycol Coolant, Propylene Glycol Coolant, Methanol, Glycerol), Application (Aerospace, Electronics, Automotive (Passenger Vehicle, Commercial Vehicle), Construction, Others (Machinery)), Technology (Organic Acid, Inorganic Acid, Hybrid Organic) To comprehend Global Antifreeze Coolant market dynamics in the world mainly, the worldwide Antifreeze Coolant market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia.

Presented By

AMA Research & Media LLP

[marketres12]

Data Bridge Market Research analyzes that the global E-Liquids Market has grown at a CAGR of 21.8% during the forecast period of 2022-2029. E-Liquid is a kind of aromatic solution in e-cigarettes, which is commonly used in e-cigarettes. E-cigarette vapor is created by heating an electronic liquid to create an aerosol. Their main function is to make money in e-cigarettes.

[balrajgis]

Propylene Oxide Market Demand, Overview, Size, Trend | Dow Inc., LyondellBasell Industries Holdings B.V., Royal Dutch Shell PLC, BASF SE

Global Propylene Oxide Market report from Global Insight Services is the single authoritative source of intelligence on Propylene Oxide Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Propylene oxide is a flammable, colorless, and a highly reactive organic compound. It is used as an intermediate in the production of polyurethanes, propylene glycol, and other chemicals. It is also used as a fumigant and has been used as a fuel. Propylene oxide is a health hazard, and exposure to high concentrations can cause central nervous system damage.

Get Free Sample Copy of This Report – https://www.globalinsightservices.com/request-sample/GIS20545/

Key Trends

Propylene oxide is a highly versatile chemical compound with a wide range of applications in the production of polymers, solvents, and other chemicals. The propylene oxide market is expected to grow at a moderate pace in the coming years, owing to the growing demand from the Asia-Pacific region. The Asia-Pacific region is the largest market for propylene oxide, accounting for more than 50% of the global demand. The region is expected to witness the highest growth in the coming years, owing to the growing demand from the end-use industries, such as construction, automotive, and electronics.

Key Drivers

The key drivers of the propylene oxide market are the increasing demand for polyurethane foams, coatings, and adhesives, and the growing demand for propylene oxide in the Asia-Pacific region. The Asia-Pacific region is the largest market for propylene oxide, followed by North America and Europe. The demand for propylene oxide in the Asia-Pacific region is expected to grow at the highest rate due to the growing demand for propylene oxide in the region.

Market Segments:

By Application

Polyether Polyols

Propylene Glycol

By Production Process

Chlorohydrin Process

Styrene Monomer Process

By End-Use Industry 

Automotive

Building & Construction

By Region

North AmericaThe U.S.

Get A Customized Scope to Match Your Need Ask an Expert – https://www.globalinsightservices.com/request-customization/GIS20545

Key Market Players:

Dow Inc.

LyondellBasell Industries Holdings B.V.

Royal Dutch Shell PLC

BASF SE

SKC Company

AGC Inc.

Repsol

Sumitomo Chemical Co., Ltd.

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10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Excel data pack included with all report purchases

Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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[chemicalblog]

Increasing in demand for packaging industries to boost the Global Polymeric Plasticizer Market by the year 2030

Global Polymeric Plasticizer Market  - Overview

Polymeric plasticizers are formed by a reaction between difunctional acids (usually adipic, sebacic acid) and ethyl glycol or propylene glycol. Plasticizers are basically softening substances which are used to improve the processability and enhance the flexibility of any product. A wide range of polymeric plasticizers is available in diverse groups and composition which can be applied to suit numerous possible applications. The global polymeric plasticizers market is anticipated to demonstrate steady growth and reach a significant valuation over the forecast period of 2021-2030, as deemed by Market Research Future (MRFR) in its extensively studied report.

Polymeric plasticizers find principal application in PVCs and other polymers. However, they also find application in wires & cables, seals, transmission belts, films, hoses & tubes, synthetic and natural leather and other multiple purposes. Plasticizers are typically applied to the production of a variety of plastic products. The packaging industry too is a key end-user and promises considerable growth in the forthcoming years. Polymer plasticizers are used in the packaging industry since they are able to meet food packaging requirements on account of its low viscosity and high efficiency in plasticizing. They are extensively used in the production of cling films. Polymeric plasticizers exhibit greater stability under extended or severe conditions, are resistant to extraction by oils, solvents, and fluids and hence result in optimal performance in end-use applications. Furthermore, due to the advantages of ease of processability and low cost, polymeric plasticizers experience heightened demand from key end-use industries which can be linked to the growth of the global polymeric plasticizers market trends. Polymeric plasticizers are increasingly becoming the focus of material scientists, and rigorous R&D activities have led to the development of technologically advanced and improved plasticizers. Legislation and health safety issues have prompted the use of natural-based polymeric plasticizers that are characterized by low toxicity and low migration. Such trends are likely to augment the growth of the global polymeric plasticizers market over the forecast period. In contrast, surging environmental and toxicity concerns are likely to restrict the growth of the global polymeric plasticizers market over the forecast period. The use of phthalate esters as a whole has witnessed an overall decline in recent years which might undermine market growth. Furthermore, the European Union banned the use of DEHP, BBP, and DBP in 2015 has restrained the growth of the market in Europe to a large extent.

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Global Polymeric Plasticizer Market  – Prominent Players Some of the prominent players in the global polymeric plasticizer market are BASF SE (Germany), DowDuPont, Inc. (US), Eastman Chemical Company (US), LANXESS (Germany), and Resymat Mexico (Mexico).

Global Polymeric Plasticizer Market: Drivers & Trends

The increase in demand for packaging industries is likely to drive the global polymeric plasticizer market growth. Even, the mounting construction and paint industry on account of developing domestic as well as the commercial market in various regions globally has boosted the global polymeric plasticizer market over the forecasted period.

Plasticizers market is also likely to grow considerably in the forecast period owing to the swelling demand for plasticizers in the packaging, automotive, and construction industries. With this, the rising demand for polymers in water-proof roofs, swimming pool liners, and footwear is also further probable to boost the plasticizers market growth globally noticeably. Besides, the proliferation in the construction industry has extensively uses plasticized polymers for making flooring and roofing cover. This is further expected to affect the plasticizers market growth positively. However, mounting environmental regulations and the availability of alternatives could hamper polymeric plasticizer market growth in the coming years. On the other side, the relentless product innovations coupled with increasing research & development activities to create bio-derived plasticizers are expected to cater to new growth opportunities in the polymeric plasticizer market during the estimated period.

Moving forward, polymeric plasticizers are progressively becoming the focus of scientists, and with the help of rigorous R&D activities, it has led to the development of technologically advanced and improved plasticizers. Health safety issues have also prompted the use of natural-based polymeric plasticizers that are categorized by low toxicity and low migration. Such trends are, hence, likely to augment the growth of the global polymeric plasticizers market during the forecast period.

In contrast, surging environmental and toxicity concerns are somehow likely to restrict the growth of the global polymeric plasticizers market in the years to come. Access Complete Report @ https://www.marketresearchfuture.com/reports/polymeric-plasticizer-market-3562 Polymeric Plasticizer Market    - Segments:

The global polymeric plasticizer market has been segmented based on application and end user.

By application, the global polymeric plasticizer market has been segmented into adhesive, pigment, films, membranes, cables, and others.

By end user, the global polymeric plasticizer market has been segmented into paints, packaging, automotive, construction, electronics, and others. Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=3562

Global Polymeric Plasticizer Market  -Regional Analysis

By region, the global polymeric plasticizer market has been segmented into Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW).

APAC is leading the global polymeric plasticizer market. The packaging industry in the region is flourishing which generates considerable demand for polymeric plasticizer. The growth of the APAC market can also be attributed to heightened demand from the paint and construction industry in the region. China, South Korea, Taiwan, India, and Japan are the key contributors to the APAC polymeric plasticizer market. South Korea is the largest consumer of polymeric plasticizer in APAC.

Booming automotive and electrical industry is working in favor of the North America polymeric plasticizer market which is expected to showcase substantial growth over the forecast period.

Europe ranks third in the global polymeric plasticizer market. Huge volume of consumption of polymeric plasticizer in the construction and paints industry can be credited for the growth of the Europe market.

In RoW market, Latin America and the Middle East & Africa markets have demonstrated substantial growth in recent years on account of application in adhesives, cables, membranes, pigments, films, and others. Industry/ Innovation/ Related News

In June 2018, Emerald Kalama Chemical, producer of technologically advanced specialty chemicals expanded its plasticizer range with the introduction of Vitroflex B, a non-phthalate plasticizer. The new product has been designed to enhance the performance characteristics and be a more environmentally friendly alternative to chlorinated paraffin.

In November 2018, researchers at the University of California developed 'non migratory' plasticizers. The new plasticizers work equally well as PVC plasticizers, but contrary to them, these migratory plasticizers do not do not leach out. Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos About Market Research Future:- At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Us: Wantstats Research and Media Private Limited 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Maharashtra, India

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The propylene glycol market is expected to be growing at a growth rate of 6.1% in the forecast period of 2021 to 2028. The propylene glycol market report analyses the growth, which is currently being growing due to the rising growth of various end user industries.