Propylene Glycol Market - Forecast(2020 - 2025)
Global Propylene Glycol Market Overview: Propylene glycol, also identified as propane 1, 2-diol according to International Union of Pure and Applied Chemistry nomenclature, is a synthetic organic compound. It is produced from petroleum products as well as it is bio-based and equipped with certain peculiar traits such as outstanding stability, high flash and boiling point, as well as low vapor pressure and broad solvency. Owing to such characteristics it has found tremendous scope of industrial application to craft products such as unsaturated polyester resin, coolants and antifreeze, hydraulic and brake fluid, aircraft deicing fluid, and paints and coatings. The analyst in this research report has stated the global propylene market size to be valued at around $3655 million as of 2018 and is estimated to be growing at a CAGR of around3.9% during the forecast period of 2019-2025. Request Sample Global Propylene Glycol Market Outlook: Propylene Glycol is segmented into two grades mainly i