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Tag search results for: "propylene glycol market size report"
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
