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Global Biobased Propylene Glycol Market 20162020 Prices from USD $2500

17:53 EST 1 Dec 2016 | BioPortfolio Reports

About Biobased propylene glycol

Biobased propylene glycol is considered as an alternative for petroleumbased propylene glycol. It is produced from plant and animal sources and is more reliable and comparatively pure than petroleumbased propylene glycol. The chemical is used in cosmetics, food, pharmaceuticals, unsaturated polyester resins, and antifreeze agents.

Technavio's analysts forecast the global biobased propylene glycol market to grow at a CAGR of 8.19% during the period 20162020.

Covered in this report
The report covers the present scenario and the growth prospects of the global biobased propylene glycol market for 20162020. To The market for pharmaceuticals, cosmetics, and food are supposed to propel the demand for biobased propylene glycol.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavio's report, Global BioBased Propylene Glyocol Market 20162020, has been prepared based on an indepth 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
ArcherDanielsMidland ADM
Ashland
BASF
Cargill
Oleon

Other prominent vendors
Houghton Chemical
Orison

Market driver
Demand from automobile industry
For a full, detailed list, view our report

Market challenge
Competition from petroleumbased propylene glycol
For a full, detailed list, view our report

Market trend
Shift toward biobased organic products
For a full, detailed list, view our report

Key questions answered in this 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?

Original Article: Global Biobased Propylene Glycol Market 20162020 Prices from USD $2500

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