Propylene Glycol Market Growing at a Significant Rate in the Forecast Period 2027
The Report Published On Global Propylene Glycol Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Propylene Glycol Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
Shifting consumer inclination from traditional smoking toward vaping or electronic cigarettes is a key factor expected to boost growth of the Propylene Glycol market over the forecast period. Growing popularity of e-cigarettes among the millennials and growing health concerns among geriatric population are other factors driving market growth. However, concerns among smokers regarding presence of toxicants in Propylene Glycol is projected to be a factor restraining market growth over the forecast period. Hence, market players are investing heavily in research and development of better and safer Propylene Glycol.
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Major Companies:
- Black Note Vape, Inc.
- Breazy
- Crystal Canyon Vapes LLC
- e-Liquid Factory
- Mig Vapor LLC
- Molecule Labs, Inc.
- Nicopure Labs LLC
- Philip Morris International Inc.
- Turning Point Brands, Inc.
- VMR Products LLC
- Fontem Ventures B.V
- E-liquid Brands LLC
- Vape Dudes
- KAIs Virgin Vapor
- ZampleBox LLC
- VaporFi Inc.
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Propylene Glycol is expected to rise in the coming years.
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By Type (Revenue, USD Million; 2017–2027)
- Prefilled
- Bottled
By Base Type (Revenue, USD Million; 2017–2027)
- Propylene Glycol (PG)
- Propylene Glycol (VG)
- PG & VG
By Flavor (Revenue, USD Million; 2017–2027)
- Original Tobacco
- Mint & Menthol
- Fruit & Candy
- Chocolate
- Dessert
- Others
By Distribution Channel (Revenue, USD Million; 2017–2027)
- Online
- Convenience Stores
- Supermarkets
- Others
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Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Propylene Glycol Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Propylene Glycol Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Propylene Glycol Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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