Propylene Glycol Market Size, Share, and Growth Analysis | Expert Review
Propylene glycol is a versatile chemical compound widely used in various industries. With its low toxicity and exceptional properties, propylene glycol has found its way into countless applications. It serves as a solvent, humectant, and viscosity regulator, making it a key ingredient in pharmaceuticals, cosmetics, and food products. The global Propylene Glycol Market size is projected to reach USD 4.7 billion by 2024, at a CAGR of 4.4% from USD 3.8 billion in 2019, as per the recent study by MarketsandMarkets™. The eco-friendly production process of bio-based propylene glycol has led to the growth of the global propylene glycol market. The growing automotive industry in APAC is also driving the market as propylene glycols are widely used in engine coolants and sheet molding compounds, among others. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264488864 Browse in-depth TOC on “Propylene Glycol Market”...