Mono Propylene Glycol Industry Set for Robust Expansion, Expected to Reach US$ 6,473 Million by 2033
The mono propylene glycol market is expected to be worth US$ 3,974 million in 2023. By 2033, the market is expected to be worth US$ 6,473 million. The market is estimated to grow at a CAGR of 5% during the forecast period of 2023 to 2033. The global food and beverage sector is driving demand for mono propylene glycol for usage in food flavoring, food coloring, preservation of food, and other applications, hence influencing the mono propylene glycol market volume. Monopropylene can be found in paints & varnishes, baths, and as a cooling fluid in autos. The growing usage of mono propylene glycol across a variety of end-use sectors, such as the chemical industry, pharmaceuticals, cosmetic goods, and others, is expected to drive the market. Click Here to Request Your Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-10801 Asia-Pacific, particularly China, is a major consumer and producer of mono propylene glycol. The growing...