Monopropylene Glycol (MPG) Market report delivers future development strategies, key companies, Possibility of competition, major challenges analysis. The reports elaborate the expansion rate of the Monopropylene Glycol (MPG) market supported the highest company profile analysis. This report providing an in-depth analysis, market size, and evaluation for the developing segment among the Monopropylene Glycol (MPG) market.
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Mono propylene glycol (also known as propylene glycol, PG, propan1, 2diol and MPG) is a clear, colourless, and viscous liquid with a characteristic odour. It has the formula C3H8O, is soluble in water, and has hygroscopic properties. MPG is used across a wide range of industries as it has low toxicity, coupled with a freezing point which is depressed upon mixing with water.
There are many uses for mono propylene glycol across many different industries and some chemical manufacturers produce two grades of MPG to meet these varied needs.
The first grade is used in the food, cosmetics, and pharmaceutical industries. MPG is used as a solvent for food colourings and flavourings, and is also a classified humectant food additive (E1520). In the personal care industry it is used as a moisturiser in make-up, shampoo, bubble bath and baby wipes, to name but a few examples. The pharmaceutical industry uses MPG as a solvent in oral, injectable, and topical formulations.
Industrial grade MPG also has a variety of uses but the main application is as an antifreeze and aircraft wing and runway de-icer. This is because the freezing point of MPG lowers upon mixing with water. It is also used in heat transfer liquids such as engine coolants.
It can also be used as a chemical intermediate in the production of high performance unsaturated polyester resins used in paints and varnishes. It is also an excellent solvent that is utilised in printing inks and it is also used in the manufacture of non-ionic detergents which are used in the petroleum, sugar-refining, and paper making industries. It can also be used in the cryonics industry and can be used as an additive in pipe tobacco as it prevents dehydration. Global Monopropylene Glycol (MPG) market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Monopropylene Glycol (MPG).
Monopropylene Glycol (MPG) Market report will help you take expert decisions, recognize opportunities, plan effective professional tactics, plan new schemes, analyse drivers and restraints and give you a vision on the Monopropylene Glycol (MPG) Market forecast. In 2018, the global Monopropylene Glycol (MPG) Market size was XX million US$ and it is expected to reach XX million US$ by the end of 2025, with a CAGR of XX.X % between 2019 and 2025.
The key companies profiled in this report are:
DowDuPont, BASF, Huntsman, ADM, OLEON, Polioles, LyondellBasell, Repsol, INEOS, AGC Chemicals, Shell, ADEKA, SKC, PJSC Nizhnekamskneftekhim, PCC Rokita, Shandong Shida Shenghua Chemical, Tongling Jintai Chemical, CNOOC and Shell Petrochemicals, Dongying Hi-tech Spring Chemical, Shandong Depu Chemical,
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Major objectives of report are:
- To analyse the openings in the market for stakeholders by finding the high growth segments.
- To purposefully analyse each submarket with respect to individual growth trend and their influence to the market
- To analyse competitive growths such as expansions, agreements, new product launches, and acquisitions in the market
- To study detailed profile of key players and widely analyse their growth strategies.
Monopropylene Glycol (MPG) Market by Applications:
Monopropylene Glycol (MPG) Market by Types:
Monopropylene Glycol (MPG) Market Regional Analysis:
Geographically, the Monopropylene Glycol (MPG) market is segmented across main regions: North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Key Questions answered in Global Monopropylene Glycol (MPG) Market Research Report
- What will be the Market Size by Type, Application and Manufacturers
- What will be the Monopropylene Glycol (MPG) Production and Consumption by Regions?
- What kind of Manufacturers Profiles, Production Forecasts, Consumption Forecast studied in the report?
- How Upstream, Industry Chain and Downstream Customers analyses in the report?
- What are Opportunities & Challenges, Threat and Affecting Factors in the industry?
- What are Major Key Findings of Monopropylene Glycol (MPG) Industry?
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