The Global Bio-based Propylene Glycol Market report covers the present scenario and the growth prospects of the Bio-based Propylene Glycol for 2016-2020. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors. The Bio-based Propylene Glycol Market to grow at a CAGR of 8.19% during the period 2016-2020.
Bio-based propylene glycol is considered as an alternative for petroleum-based propylene glycol. It is produced from plant and animal sources and is more reliable and comparatively pure than petroleum-based propylene glycol. The chemical is used in cosmetics, food, pharmaceuticals, unsaturated polyester resins, and antifreeze agents.
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The report provides a basic overview of the Bio-based Propylene Glycol including definitions, classifications, applications and market Sales chain structure. The Bio-based Propylene Glycol report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Bio-based Propylene Glycol Market Opportunities:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
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Top players in Bio-based Propylene Glycol Industry
• Archer-Daniels-Midland (ADM)
Other prominent vendors
• Houghton Chemical
The Bio-based Propylene Glycol is divided into the following segments based on geography:
In the end, the report makes some important proposals for a new project of Bio-based Propylene Glycol Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Bio-based Propylene Glycol industry covering all important parameters.
Factors driving Bio-based Propylene Glycol market
• Demand from automobile industry
Challenges faced by key vendors that restrain Bio-based Propylene Glycol Industry
• Competition from petroleum-based propylene glycol
Rising trends in market
• Shift toward bio-based organic products
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Key questions answered in this Bio-based Propylene Glycol report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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