The Bio-Based Propylene Glycol Market Report is considered to be a safer alternative to ethylene glycol, making it a promising choice for utilization in cosmetics and personal care products. Unlike ethylene glycol, which poses significant risks to both animals and humans, bio-based propylene glycol offers a more secure option that requires careful handling to prevent any potential harm.
MARKET DYNAMICS:
Drivers:
- The growing detergent & household industry
Opportunities
- Hydrogenolysis process.
Restraints:
- Increase the global cost of raw materials
Challenge:
- Increasing health awareness
- Increase global growth of the population
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Market Segmentation:
By Application
- Solvent
- Chemical Intermediates
- Unsaturated Polyester Adhesives
- Antifreeze & Coolant
- Others
By End-User Industry
- Food Processing
- Construction
- Cosmetics
- Automotive
- Pharmaceuticals
- Transportation
- Marine
- Others
Key Players:
BASF SE, The Dow Chemical Company, LLC, Huntsman International LLC., Oleon, Cargill, Temix International S.R.L., Ineos Oxide, Archer Daniels Midland Company, DuPont Tate & Lyle Bio Products Company, Ashland, Global Bio-Chem Technology Group Co., Ltd., ADM, SKC Co., Ltd., and Others.
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