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Bio-based Propylene Glycol Market

Bio-based Propylene Glycol Market , Share & Segment By Application (Solvent, Chemical Intermediates, Unsaturated Polyester Adhesives, Antifreeze & Coolant, Others), By End-User Industry (Food Processing, Construction, Cosmetics, Automotive, Pharmaceuticals, Transportation, Marine, Others) , and by Region | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1453 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Bio-Based Propylene Glycol Market is less harmful than ethylene glycol, it is predicted to be widely used in cosmetics and personal care accessories. Ethylene glycol is a hazardous material that must be handled with care to avoid harming animals or humans. The production process of glycol with high performance and unsaturated polyester adhesives or pastes for a variety of applications such as reinforced plastic laminating work for the maritime building, gel coatings, synthetic marble casting, and sheet moulding throughout the forecasted period. 

It also serves as a vital link between the manufacturing and alkyd adhesives industries. The most essential aspect is that propylene glycol has high expectations from the pharmaceutical business, which is a well-known and large industry in the global bio-based propylene glycol market. This pharmacy industry's bio-based propylene glycol has been used to solve a number of problems. It's utilised as a humectant and a solution preservative in tropical medicine. The increase in unsaturated polyester adhesives, which are widely used in reinforced plastic and fibreglass composite in construction, transportation, and automobiles has fueled the growth of the bio-based propylene glycol market.

MARKET DYNAMICS: 

Drivers:

  • The growing detergent & household industry

Opportunities

  •  Hydrogenolysis process.

Restraints:

  • Increase the global cost of raw materials 

Challenge:

  • Increasing health awareness 

  • Increase global growth of the population

Impact of COVID-19 Analysis

Propylene glycol is a common ingredient in household cleaning products. The bio-based propylene glycol market has grown due to increased demand for liquid detergent, as well as the coatings and paint industries. The high demand for this product may help to boost the bio-based propylene glycol market. This product is utilised extensively throughout the world's manufacturing industries, particularly in the heavy airline industry. But when Covid-19 broke out over the planet, everything came crashing down.

Governments from various countries have been forced to enforce tight lockdown procedures as a result of global health emergency instances, and the issue of locking international border areas has had a significant impact on the global bio-based propylene glycol market. Most industrial sectors and business professionals have suffered significant income losses as a result of the suspension of commercial activities. The majority of individuals prefer to work from home, but this is not an option in the industrial sector. The rising cost of labour, along with a scarcity of raw materials, has posed a significant challenge to the global economy.

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.

Segment Description:

The entire market has been split into three types, according to the bio-based propylene glycol market analysis: application, end-user, and geographical sectors. The global bio-based propylene glycol market has been divided into five divisions in terms of application: solvent, chemical intermediates, unsaturated polyester adhesives, antifreeze and coolant, and others. Food processing, transportation, cosmetics, automobile, construction, pharmaceuticals, marine, and others are the eight patterns that make up the end-user industry. The global market has been segmented into five sectors based on regional sectors: Asia-Pacific, Europe, South America, North America, and the Middle East and Africa.

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

Bio-Based Propylene Glycol Market Segment Pie Chart

Regional Analysis:

In the sphere of bio-based propylene glycol market sectors, the Asia-Pacific region is predicted to be the fastest-growing region. Construction, as well as the automobile and pharmaceutical industries, have all grown dramatically in recent years, particularly in China, India, Malaysia, and other countries. All bio-based propylene glycol products are used in the construction of panels, bathroom components, corrosion-resistant tanks, and other items. Many people in India reside in cities, which has a stronger impact on such firms, and as a result, the country's economy is expected to grow by roughly 600 million dollars in the next years.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Key Stakeholders Considered in the study:
Raw material vendors
Distributors/traders/wholesalers/suppliers
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade/Industrial associations
End-use industries are the stake holder of this report

 

Ans: The growing detergent & household industry  are the Drivers for the Global Bio-based Propylene Glycol Market

 

Ans: Hydrogenolysis process are the opportunity for the Global Bio-based Propylene Glycol Market

Ans:  This pharmacy industry's bio-based propylene glycol has been used to solve a number of problems. It's utilised as a humectant and a solution preservative in tropical medicine.The increase in unsaturated polyester adhesives, which are widely used in reinforced plastic and fiberglass composite in construction, transportation, automobiles has fueled the grow of the bio-based propylene glycol market.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

 

4.1 COVID 19 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

8.1 Solvent

8.2 Chemical Intermediates

8.3 Unsaturated Polyester Adhesives

8.4 Antifreeze & Coolant

8.5 Others

 

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

9.1 Food Processing

9.2 Construction

9.3 Cosmetics

9.4 Automotive

9.5 Pharmaceuticals

9.6 Transportation

9.7 Marine

9.8 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2    Canada

10.2.3    Mexico

10.3 Europe

10.3.1    Germany

10.3.2    UK

10.3.3    France

10.3.4    Italy

10.3.5    Spain

10.3.6    The Netherlands

10.3.7    Rest of Europe

10.4 Asia-Pacific

10.4.1    Japan

10.4.2    South Korea

10.4.3    China

10.4.4    India

10.4.5    Australia

10.4.6    Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1    Israel

10.5.2    UAE

10.5.3    South Africa

10.5.4    Rest

10.6 Latin America

10.6.1    Brazil

10.6.2    Argentina

10.6.3    Rest of Latin America

 

11. Company Profiles

11.1 BASF SE

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 The Dow Chemical Company (U.S.

11.3 LLC, Huntsman International LLC.

11.4 Oleon, Cargill

11.5 ADM, SKC Co., Ltd.

11.6 Temix International S.R.L. (Italy

11.7 Ineos Oxide

11.8 Archer Daniels Midland Company

11.9 DuPont Tate & Lyle Bio Products Company

11.10 Ashland.

11.10 Global Bio-Chem Technology Group Co., Ltd.

 

12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

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Secondary Research

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