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Insights & Forecast with Potential Impact of COVID-19 - Bio-based Propylene Glycol Market 2020-2024 | Growth In Biodiesel Production to Boost Growth | Technavio

Technavio has been monitoring the bio-based propylene glycol market and it is poised to grow by $ 116.27 mn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Bio-based Propylene Glycol Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Archer Daniels Midland Co., Ayas Renewables Inc., Global Bio-chem Technology Group Co. Ltd., Huntsman Corp., L Air Liquide SA, and Oleon NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growth in biodiesel production has been instrumental in driving the growth of the market. However, fluctuations in prices of bio-based propylene glycol might hamper market growth.

Bio-based Propylene Glycol Market 2020-2024 : Segmentation

Bio-based Propylene Glycol Market is segmented as below:

  • Application
    • Unsaturated Polyester Resins
    • Functional Fluids And Antifreeze Products
    • Pharmaceuticals, Cosmetics, And Food
    • Detergents And Household Products
    • Other Applications
  • Geography
    • North America
    • APAC
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43992

Bio-based Propylene Glycol Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our bio-based propylene glycol market report covers the following areas:

  • Bio-based Propylene Glycol Market size
  • Bio-based Propylene Glycol Market trends
  • Bio-based Propylene Glycol Market industry analysis

This study identifies an increase in environmental awareness and the use of bio-based products as the prime reasons driving the bio-based propylene glycol market growth during the next few years.

Bio-based Propylene Glycol Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the bio-based propylene glycol market, including some of the vendors such as Archer Daniels Midland Co., Ayas Renewables Inc., Global Bio-chem Technology Group Co. Ltd., Huntsman Corp., L Air Liquide SA, and Oleon NV. Backed with competitive intelligence and benchmarking, our research reports on the Bio-based Propylene Glycol Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Bio-based Propylene Glycol Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist bio-based propylene glycol market growth during the next five years
  • Estimation of the bio-based propylene glycol market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the bio-based propylene glycol market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bio-based propylene glycol market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Unsaturated polyester resins - Market size and forecast 2019-2024
  • Functional fluids and antifreeze products - Market size and forecast 2019-2024
  • Detergents and household products - Market size and forecast 2019-2024
  • Other applications - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Driver

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Archer Daniels Midland Co.
  • Ayas Renewables Inc.
  • Global Bio-chem Technology Group Co. Ltd.
  • Huntsman Corp.
  • L Air Liquide SA
  • Oleon NV

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200624005652/en/

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