China Glycol Market Analysis 2020

According to MarkNtel Advisors' research report titled "China Glycol Market Analysis, 2020", the China Glycol Market is anticipated to grow at a CAGR of around 5% during 2020-25
By: MarkNtel Research
 
DELTA, British Columbia - Oct. 9, 2020 - PRLog -- The China Glycol market is surging at a high rate owing to the factors such as burgeoning application of propylene glycol in the automotive industry for coated fabrics and seat belts and surging investment by the governments towards infrastructure development due to growing populace and rapid industrialization. Besides this, the strong foothold of large and small key players, escalating use of polyethylene terephthalate [PET] in fibers, films, solid-state resins and increasing demand for PET bottles from the packaging industry are strongly contributing towards the growth of the market in the forecasted period.

According to MarkNtel Advisors' research report "China Glycol Market Analysis, 2020", the China Glycol market is anticipated to grow at a considerable CAGR during 2020-25. Based on Product, Propylene segment acquired the considerable market share in the China Glycol Market in 2019 on account of increasing use of propylene glycol in cosmetic and personal care products as it has low toxicity. Moreover, boost in automotive industry, surging demand for propylene from transportation and building & construction industries and rising eco-friendly production process of bio-based propylene glycol are some of the factors driving the growth of the market.

Full Report:
https://www.marknteladvisors.com/research-library/china-g...

MarkNtel Advisors', the key players with a considerable market share in the China Glycol market are Dalian Shide Group, Sinopec, Quingdao Petrochemical, Taizhaou Petrochemical, China National Petroleum Corporation (CNPC), Fujian refining & Petroleum Co., Hebei Qilong Chemicals Co. Ltd., Jiangsu Tianyin Chemical Co. Ltd., Royal Dutch Shell, Anhui XinYuan Chemical Co. Ltd., etc.

Market Segmentation:

1.    By Product (Ethylene [Monoethylene, Diethylene, Triethylene], Propylene),

2.    By End-User (Automotive, HVAC, Textile & Resins, Aerospace, Healthcare, Food & Beverages, Others (Building & Construction, etc.)),

3.    By Country (North, North-East, North-West, East, South-West, South-Central),

4.   By Company (Dalian Shide Group, Sinopec, Quingdao Petrochemical, Taizhaou Petrochemical, China National Petroleum Corporation (CNPC), Fujian refining & Petroleum Co., Hebei Qilong Chemicals Co. Ltd., Jiangsu Tianyin Chemical Co. Ltd., Royal Dutch Shell, Anhui XinYuan Chemical Co. Ltd., etc.)

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Nick Thomas
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