Global Bio-based Propylene Glycol Market 2017-2021

  • ID: 4390884
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Air Liquide
  • Ashland
  • BASF
  • Cargill
  • Houghton
  • Oleon
  • MORE
About Bio-based Propylene Glycol

Propylene glycol, which is also known as 1,2-propane diol, has various applications in industrial sectors such as pharmaceuticals, food, personal care, and construction. It is used as an antifreeze material such as in the de-freezing of aircraft before take-off. Propylene glycol is primarily used as a solvent, in binding and transporting other substances as an excipient. It also finds application as an emulsifier and assists in balancing insoluble fluids.

The analysts forecast the global bio-based propylene glycol market to grow at a CAGR of 8.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bio-based propylene glycol market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • MEA
The report, Global Bio-based Propylene Glycol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashland
  • BASF
  • Cargill
  • Archer-Daniels-Midland (ADM)
  • Oleon
Other prominent vendors
  • Air Liquide
  • Global Bio-chem Technology Group
  • Houghton
  • Orison Marketing
  • S2GBioChem
Market drivers
  • Growth in biodiesel production
  • For a full, detailed list, view the full report
Market challenges
  • Seasonality in availability and prices of bio-based propylene glycol
  • For a full, detailed list, view the full report
Market trends
  • Increase in demand for green construction
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
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FEATURED COMPANIES

  • Air Liquide
  • Ashland
  • BASF
  • Cargill
  • Houghton
  • Oleon
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Global bio-based propylene glycol market
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
  • Global bio-based propylene glycol market by application
PART 06: Market segmentation by application
  • Global bio-based propylene glycol market for unsaturated polyester resins
  • Global bio-based propylene glycol market for functional fluids and antifreeze products
  • Global bio-based propylene glycol market for pharmaceuticals, cosmetics, and food
  • Global bio-based propylene glycol market for detergents and household products
  • Global bio-based propylene glycol market for other applications
  • Global bio-based propylene glycol market by geography
PART 07: Geographical segmentation
  • Bio-based propylene glycol market in North America
  • Bio-based propylene glycol market in Europe
  • Bio-based propylene glycol market in APAC
  • Bio-based propylene glycol market in MEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increase in demand for green construction
  • Preference for bio-based products in food industry
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendors
  • Ashland
  • Archer-Daniels-Midland (ADM)
  • BASF
  • Cargill
  • Oleon
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Bio-based propylene glycol production process
Exhibit 02: Market segmentation based on application and geography
Exhibit 03: Global bio-based propylene glycol market 2016 and 2021 ($ millions)
Exhibit 04: Global bio-based propylene glycol market 2016-2021
Exhibit 05: Five forces analysis
Exhibit 06: Global bio-based propylene glycol by application 2016
Exhibit 07: Global bio-based propylene glycol by application 2021
Exhibit 08: Global bio-based propylene glycol market for unsaturated polyester resins 2016 and 2021 ($ millions)
Exhibit 09: Global bio-based propylene glycol market for unsaturated polyester resins 2016-2021
Exhibit 10: Global bio-based propylene glycol market for functional fluids and antifreeze products 2016 and 2021 ($ millions)
Exhibit 11: Global bio-based propylene glycol market for functional fluids and antifreeze products 2016-2021
Exhibit 12: Global bio-based propylene glycol market for pharmaceuticals, cosmetics, and food 2016 and 2021 ($ millions)
Exhibit 13: Global bio-based propylene glycol market for pharmaceuticals, cosmetics, and food 2016-2021
Exhibit 14: Global bio-based propylene glycol market for detergents and household products 2016 and 2021 ($ millions)
Exhibit 15: Global bio-based propylene glycol market for detergents and household products 2016-2021
Exhibit 16: Global bio-based propylene glycol market for other applications 2016 and 2021 ($ millions)
Exhibit 17: Global bio-based propylene glycol market for other applications 2016-2021
Exhibit 18: Global bio-based propylene glycol market by geography 2016
Exhibit 19: Global bio-based propylene glycol market by geography 2021
Exhibit 20: Bio-based propylene glycol market in North America 2016 and 2021 ($ millions)
Exhibit 21: Bio-based propylene glycol market in North America 2016-2021
Exhibit 22: Bio-based propylene glycol market in Europe 2016 and 2021 ($ millions)
Exhibit 23: Bio-based propylene glycol market in Europe 2016-2021
Exhibit 24: Global market for cosmetic products 2015
Exhibit 25: Segmentation of European personal care market by type 2015
Exhibit 26: Bio-based propylene glycol market in APAC 2016 and 2021 ($ millions)
Exhibit 27: Bio-based propylene glycol market in APAC 2016-2021
Exhibit 28: Bio-based propylene glycol market in MEA 2016 and 2021 ($ millions)
Exhibit 29: Bio-based propylene glycol market in MEA 2016-2021
Exhibit 30: Global biodiesel demand segmented by region 2016
Exhibit 31: Properties of propanediol and propylene glycol
Exhibit 32: Other prominent vendors
Exhibit 33: Ashland: Business segmentation by revenue 2016
Exhibit 34: Ashland: Geographical segmentation by revenue 2016
Exhibit 35: ADM: Business segmentation by revenue 2016
Exhibit 36: ADM: Geographical segmentation by revenue 2016
Exhibit 37: BASF: Business segmentation by revenue 2016
Exhibit 38: BASF: Geographic segmentation by revenue 2016
Exhibit 39: Cargill: Key market segments
Exhibit 40: Cargill: Geographical segmentation by investment 2016
Exhibit 41: Oleon: Product categories
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FEATURED COMPANIES

  • Air Liquide
  • Ashland
  • BASF
  • Cargill
  • Houghton
  • Oleon
  • MORE
New Report Released: - Global Bio-based Propylene Glycol Market 2017-2021

The author of the report recognizes the following companies as the key players in the global bio-based propylene glycol market: Ashland, BASF, Cargill, Archer-Daniels-Midland (ADM), and Oleon.

Other Prominent Vendors in the market are: Air Liquide, Global Bio-chem Technology Group, Houghton, Orison Marketing, and S2GBioChem.

Commenting on the report, an analyst from the research team said: “One trend in the market is increase in demand for green construction. Bio-based propylene glycol is used in the production of unsaturated polyester resins, which are used to make electrical components, paints and coatings, pipes, tanks, and ducts, all important products in the construction industry. The industry and the consumers are becoming more responsible toward the environment, as a result of which the demand for green buildings has grown.”

According to the report, one driver in the market is growth in biodiesel production. Biodiesel production is increasing worldwide and is expected to be worth more than $40 billion by 2021, growing at a CAGR of more than 3.5% during 2016-2021. The US, Germany, Brazil, Indonesia, and Argentina are the largest producers of biodiesel. One of the main by-products of biodiesel production is glycerol, also known as glycerin. It is estimated that for every 100 pounds of biodiesel produced, approximately 10 pounds of crude glycerol are also generated. Glycerin is one of the major feedstocks used for the production of bio-based propylene glycol along with soy and corn.

Further, the report states that one challenge in the market is seasonality in availability and prices of bio-based propylene glycol. The major feedstocks for bio-based propylene glycol are glycerin, corn, and soy. Corn and soy are agricultural products and their supply is very irregular during the year. There are peak and dull seasons of production, and this will, in turn, affect the procurement and production costs and eventually the prices of bio-based propylene glycol. During the peak season, product costs will be low. In turn, the prices of bio-based propylene glycol will also fall and its supply will increase. However, during the dull season, the prices of bio-based propylene glycol will be high and supply will reduce.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Ashland
  • BASF
  • Cargill
  • Archer-Daniels-Midland (ADM)
  • Oleon
  • Air Liquide
  • Global Bio-chem Technology Group
  • Houghton
  • Orison Marketing
  • S2GBioChem
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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