+1-888-308-5802     
News Contact Us

North America Tripropylene Glycol Market Size 2019 – 2025 Forecasts On Regional Growth, Industry Players And Applications

Author : Ronak Bora | Published Date : 2019-07-01 

The global tripropylene glycol market is classified on the basis of geography, where, Europe and North America hold a significant share in the market. Industrial and commercial usage of the product in the United States is driving the global tripropylene glycol industry hugely. In Asia Pacific region, tripropylene glycol industry is said to witness tremendous demand in the coming years owing to vast expansions in the cosmetic, automobile, pharmaceutical, and food & beverages sectors. Latin America is also expected to be the next emerging market owing to industrialization in the automobile and food & beverages sector.

Tripropylene Glycol Market size will witness huge demand in the coming years owing to the its vast industrial applications as a solvent and additive. The product is a colorless, odorless, viscous liquid, completely soluble in water and features low toxicity.

Request for a Table of Content of this research report @ https://www.gminsights.com/request-toc/upcoming/2777

Food & beverage industry is one of the major driver for tripropylene glycol market. Increasing world population is demanding more food by the day making it one of the fastest growing industry. In 2016, the food & beverage industry globally recorded a revenue in excess of 3.5 trillion and is likely to grow with a potential rate in the coming years. Food is one of the most important part in our daily lives without which one cannot live for long. The industry is likely to foresee great shifts in the food trends and eating habits of people worldwide, according to their regions and working lifestyles. These factors are driving the food & beverage industry which in turn is fueling the tripropylene glycol industry demand.

The global tripropylene glycol market is substantially driven by the personal care industry. Increasing awareness of grooming and hygiene coupled with purchasing power parity is driving the personal care industry to a great extent. The global beauty & personal care products market vas valued over USD 430 billion in 2017 and is likely to grow with a lucrative CAGR in the upcoming years. In the developing countries of Asia Pacific and Latin America, consumers are demanding more personal care products due to the changing lifestyle and rising disposable incomes. This will surge the personal care products demand in these regions and in turn, boost the tripropylene glycol market growth in the upcoming days.

According to end-user industries, global tripropylene glycol market has been classified into seven major categories mainly, food & beverages, personal care, plastic, automobile, pharmaceutical, paints & varnish, and cosmetics. In the plastic industry, the product finds its use for alkyd resins and polyester fibers manufacturing. In the automobile industry, the product finds its extensive application as a main ingredient in hydraulic fluids, brake, engine cooling and anti-freezing liquids due to its properties such as low corrosive activity, non-volatility, and low freezing point.

 

Request for a Customization of this research report @ https://www.gminsights.com/roc/2777

Prominent players in the global tripropylene glycol market are BASF, Dow Chemical Company, Prime Laboratories, Golden Dyechem, India Glycols Limited, Paari Chem Resources, Muby Chemicals, Oleon, Archer Daniels Midland Company, HaiKe Chemical Group, LyondellBasell Industries Holdings, Flavor & Extract Manufacturers Association, Airedale Chemical Company Limited, INEOS, R. M. Chemicals, and Foodchem International Corporation to name some.

 


About Global Market Insights 


Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us 

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Automotive Coatings Market Growth Report By Product, Technology, Application, End-Use, Region-Forecast

Published Date: 2019-11-11         Author: Ronak Bora

Market.us has recently published a distinguished study on the global automotive coatings market. the study examines the market thoroughly and has provided a rather structured evaluation analysis of the business. this structured analysis is a collection of diagrammatic and graphical representations o... Read More

Ethylene Dichloride Market will witness healthy growth in the next few years

Published Date: 2019-11-11         Author: Ronak Bora

Market.us has recently published a distinguished study on the global ethylene dichloride market. the study examines the market thoroughly and has provided a rather structured evaluation analysis of the business. this structured analysis is a collection of diagrammatic and graphical representations o... Read More

Antimicrobial Coatings Market Size is driven by strong application trends in healthcare application segment

Published Date: 2019-08-09         Author: Ronak Bora

Global antimicrobial coatings market is segmented into medical & healthcare application, indoor air quality application, food application, antimicrobial textile application, mold remediation application and construction. Medical & healthcare application segment can experience substantial ... Read More

© 2019 Fractovia. All Rights Reserved