New Market Research Report: Global Bio-based Propylene Glycol Market 2016-2020

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.

Technavio's analysts forecast the global bio-based propylene glycol market to grow at a CAGR of 8.19% during the period 2016-2020.

Covered in this report
The 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.

Full Report Details at
- http://www.fastmr.com/prod/1170707_global_biobased_propylene.aspx?afid=301

The market is divided into the following segments based on geography:

* APAC
* Europe
* North America
* ROW

Technavio's report, Global Bio-Based Propylene Glyocol Market 2016-2020, 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

* Archer-Daniels-Midland (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 petroleum-based propylene glycol
* For a full, detailed list, view our report

Market trend

* Shift toward bio-based 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?

Companies Mentioned in this Report: Archer-Daniels-Midland (ADM), Ashland, BASF, Cargill, Oleon, Houghton Chemical, Orison

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