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.
The growing detergent & household industry
Increase the global cost of raw materials
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.
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.
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.
Unsaturated Polyester Adhesives
Antifreeze & Coolant
By End-User Industry
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Application (Solvent, Chemical Intermediates, Unsaturated Polyester Adhesives, Antifreeze & Coolant, Others)
• By End-User Industry (Food Processing, Construction, Cosmetics, Automotive, Pharmaceuticals, Transportation, Marine, Others)
|Regional Analysis/Coverage||North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)|
|Company Profiles||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.|
|Key Drivers||• The growing detergent & household industry|
|Market Restraints||• Increase the global cost of raw materials|
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
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Bio-based Propylene Glycol Market segment, By Application
8.2 Chemical Intermediates
8.3 Unsaturated Polyester Adhesives
8.4 Antifreeze & Coolant
9. Global Bio-based Propylene Glycol Market segment, By End-User Industry:
9.1 Food Processing
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
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 Global Bio-Chem Technology Group Co., Ltd.
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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