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Tag search results for: "propylene glycol market size"
narendra Sirsat
The propylene glycol market is experiencing robust growth, driven by its multifaceted applications across various sectors. As an essential ingredient in pharmaceuticals, food and beverages, and cosmetics, propylene glycol's versatility and functionality continue to fuel demand. This growth is underpinned by the increasing adoption of propylene glycol in diverse products, reflecting its critical role in enhancing product stability and performance.The propylene glycol market size has witnessed substantial growth due to its di... more
carry
The Propylene Glycol Market is projected to experience a steady growth rate of 4.7% from USD 4.52 billion in 2022 to USD 6.53 billion in 2030. This growth is expected to be primarily fueled by the thriving automotive sector in the Asia-Pacific region and the environmentally friendly production process of bio-based propylene glycol. Europe plays a significant role in the market, with Germany leading as the primary exporter in the region.The increasing demand for functional fluids is a key driver of market growth in Europe. A... more
Stephen
Propylene Glycol Market Trends, Share, Size, Growth, Opportunity and Forecast -2024”, offers a comprehensive analysis of the industry, which comprises insights on Propylene Glycol market growth. The global propylene glycol market size was valued at USD 3.8 billion in 2019 and is projected to reach USD 4.7 billion by 2024, growing at a cagr 4.4% from 2019 to 2024. This report gives a historical overview of the propylene glycol market trends, growth, revenue, capacity, cost structure, and key driver’s... more