Outlook Bio-Based Propylene Glycol Market Report During 2016-2020

RnRMarketResearch.com includes Global Bio-based Propylene Glycol Market 2016-2020 is new research report. 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 analysts forecast global bio-based propylene glycol market to grow at a CAGR of 8.19% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global bio-based propylene glycol market for 2016-2020. To The market for pharmaceuticals, cosmetics, and food are supposed to propel the demand for bio-based propylene glycol.

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

The report, Global Bio-Based Propylene Glyocol Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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 : Archer-Daniels-Midland (ADM), Ashland, BASF, Cargill, Oleon

Other prominent vendors : Houghton Chemical, Orison

Market driver - Demand from automobile industry

Market challenge - Competition from petroleum-based propylene glycol

Market trend - Shift toward bio-based organic products

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