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[Latest] Global Propylene Glycol Market Size/Share Worth USD 7.03 Billion by 2034 at a 4.23% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Propylene Glycol Market size & share revenue was valued at approximately USD 4.66 Billion in 2024 and is expected to reach USD 5.01 Billion in 2025 and is expected to reach around USD 7.03 Billion by 2034, at a CAGR of 4.23% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Dow Inc., BASF SE, LyondellBasell Industries Holdings B.V., Huntsman Corporation, INEOS Oxide, Shell plc, ADM (Archer Daniels Midland Company), Global Bio-Chem Technology Group Co. Ltd., Repsol S.A., SK picglobal, Manali Petrochemicals Limited, Royal Dutch Shell, Adeka Corporation, Sumitomo Chemical Co. Ltd., Dairen Chemical Corporation, Zibo Haijie Chemical., HaiKe Chemical Group Ltd., Lihong Fine Chemicals & Others. Austin, TX, USA, July 17, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Propylene Glycol Market Size, Trends and Insights By Source (Petroleum-based, Bio-based), By Grade (Industrial Grade, Pharmaceutical Grade, Others), By End-Use Industry (Transportation, Building & construction, Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' in its research database.'According to the latest research study, the demand of global Propylene Glycol Market size & share was valued at approximately USD 4.66 Billion in 2024 and is expected to reach USD 5.01 Billion in 2025 and is expected to reach a value of around USD 7.03 Billion by 2034, at a compound annual growth rate (CAGR) of about 4.23% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Propylene Glycol Market @ Overview According to the CMI, industry experts believe that the global propylene glycol (PG) market can expect steady and sustained growth in the years to come. This movement has been sustained by a wide range of applications, which have started instilling interest in bio-alternatives. The chemical's versatility and safety make it an important component for a large number of end-use industries that include pharmaceuticals, food and beverage, personal care, automotive, and construction. Growing environmental considerations and strict regulatory policies have pushed manufacturers to opt for bio-based production technologies to fulfill demand going into the future while also achieving sustainability targets. Nevertheless, the global PG market stands tall as a resilient and flexible segment within the specialty chemicals market. Key Trends & Drivers Versatile industrial applications: As a synthetic organic compound, propylene glycol finds many uses as an industrial solvent and humectant, preservative, and antifreeze. The versatility of application, being the strongest factor for the demand for this market, enhances the packaging industry, among many others. It is commonly used in the food industry to carry flavors and colors. In the pharmaceutical industry, it is used as a solvent in oral, injectable, and topical formulations. In personal care products, it acts as a humectant in lotions, creams, and shampoos. It is used industrially in antifreeze solutions, de-icing fluid, and HVAC coolants. This variety in applications keeps demand sustained, even in times of economic downturn. Increasing Popularity of Bio-Based Propylene Glycol: Environmental sustainability and safe alternatives are driving the rise of interest in bio-based PG. Being made from renewable feedstock resources such as glycerin, corn, or soy, bio-based PG has a smaller carbon footprint than does petroleum-based PG. Much money is being invested by companies in R&D to scale up production and create more cost-effective production methods. Evidently, with growing consumer awareness regarding eco-labels and transparency in products, food, pharmaceutical, and cosmetic producers are starting to prefer renewable and biodegradable ingredients. This trend is expected to give a faster push to the bio-based PG segment rather than the conventional one. Growth Prospects in Personal Care and Cosmetics: Given the roaring present-day personal care market, a surge in disposable incomes, urbanization, and changing lifestyles has been the motive behind the rapid growth of such industry. Propylene glycol is extensively used in skin and hair care formulations as texture enhancers or stabilizers, and humectants. With consumer demand for clean beauty products on the increase, companies are now renovating products that had harsh chemicals with bio-based PG. This trend of personal care brands in favour of PG will grow further while demand for cruelty-free and plant-based products hits an all-time high simply because of their non-toxic and non-irritating characteristics. Request a Customized Copy of the Propylene Glycol Market Report @ The growing demand from pharmaceutical and food industries: Looking out for alternative solvents and carriers that are non-toxic and GRAS (Generally Recognized as Safe) makes PG one of the key ingredients in drug production; it is incorporated in oral and injectable drugs and topical medicines because it dissolves active ingredients well and maintains stability in the final product. Moving equivalently, PG finds a large area of use in food processing as a humectant and flavor carrier for processed foods, dairy products, and beverages. On account of an increase in pharmaceutical production and consumption of processed food all over the globe-mainly led by emerging markets such as India, China, and Brazil-demand for PG in these sectors shall continue to grow. The construction and automotive industries: Propylene glycol (PG) has found quite a few important uses within the construction and automotive industries, being favored for its properties-from a chemical standpoint that include low toxicity, thermal stability, moisture retention, and so on. PG is preponderantly utilized in the construction sphere as a heat transfer fluid for HVAC systems and antifreeze solutions, for instance, in closed-loop heating and cooling applications. Owing to low corrosion and toxicity, PG is an excellent alternative to ethylene glycol for use in residential and commercial building systems where environmental and safety considerations are paramount. PG also finds use in construction materials for concrete curing, moisture control, etc., particularly in cold regions, where freezing prevents cracking and aids in maintaining the structural integrity of dry materials. Therefore, PG is commonly used in the automotive industry as an engine coolant and a de-icing solution. Report Scope Feature of the Report Details Market Size in 2025 USD 5.01 Billion Projected Market Size in 2034 USD 7.03 Billion Market Size in 2024 USD 4.66 Billion CAGR Growth Rate 4.23% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Source, Grade, End-Use Industry and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Propylene Glycol report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Propylene Glycol report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Propylene Glycol Market Report @ SWOT Analysis Strengths: Propylene glycol enjoys the benefits of diversified uses across stable and regulated industries such as pharmaceuticals, food and beverage, and personal care. It being an approved chemical by such regulatory bodies as the FDA and EFSA aids its use in sensitive consumer products. Its manufacturing plants spread all over the world make distribution and supply reliable in the required areas. The increased acceptance of bio-based PG is, therefore, opening new market segments in line with worldwide sustainability targets. Weaknesses: Although versatile, the market suffers from structural weaknesses. Conventional PG, synthesized from petroleum-based feedstock, is subject to crude oil cartelism in prices. Also, the environmental concerns associated with petrochemical production are posing an extra layer of scrutiny by regulators. Small- and medium-scale enterprises (SMEs) may be at a disadvantage in competing because of expensive capital investments required for technology upgrades and meeting compliance requirements. Also, the demand for low-price competitors such as ethylene glycol in certain industrial applications adds to the price pressure. Opportunities: The bio-based PG subsegment shines as a golden window of growth. As industries move towards cleaner and sustainable production methods, companies investing in the manufacture of renewable PG can certainly gain an important chunk of market share. Emerging markets also present a rising opportunity as enhanced consumption of processed foods, pharmaceuticals, and personal care products creates new demand. There is also a scope for innovation in applications of PG-along with 3D printing materials or biodegradable plastics-that may provide brand-new opportunities for growth. Pooling resources with packaging and materials companies pursuant to circular economy principles could result in more PG applications. Threats: Various outside factors threaten the PG market. Prices of raw materials ebb and flow, and plants operating under the shadow of geopolitical instability will interrupt supply chains and raise production costs. Stricter environmental regulations toward petrochemical derivatives can prevent consumer applications of petroleum PG from using petroleum-based PG. Increased competition from alternative solvents in the longer run, including the newer bio-based chemicals, also poses a threat. Public perception and consumer skepticism regarding chemical ingredients, more so in foods and cosmetics, might hit demand unless these are addressed through transparency and education. Request a Customized Copy of the Propylene Glycol Market Report @ Key questions answered in this report: What is the size of the Propylene Glycol market and what is its expected growth rate? What are the primary driving factors that push the Propylene Glycol market forward? What are the Propylene Glycol Industry's top companies? What are the different categories that the Propylene Glycol Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Propylene Glycol market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Propylene Glycol Research Report | Fast Delivery Available - [220+ Pages] @ Regional Analysis The Propylene Glycol Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region: North America: North America holds a prominent share in the global propylene glycol market, driven by high demand across diverse industries such as food & beverage, pharmaceuticals, automotive, and cosmetics. The U.S. is the largest contributor, owing to the presence of major manufacturers, a mature industrial infrastructure, and advanced regulatory frameworks that support both petroleum-based and bio-based glycol production. Recent developments include capacity expansions, especially in sustainable or bio-based PG, due to increasing consumer preference for eco-friendly ingredients. The pharmaceutical and personal care sectors, in particular, are driving demand for high-purity pharmaceutical-grade PG in the region. Additionally, stringent quality and safety regulations in the food and drug sectors contribute to the consistent growth trajectory in North America. Europe: Europe, as a mature market during the acquisition of PG, considers the environmental aspect, having increased queries for bio-based alternatives. Germany, France, and the Netherlands are spearheading the sustainability initiatives, urging the conversion of petroleum-based PG to renewable ones. Also, the significant presence of direct manufacturers of cosmetics and personal care products fuels the demand for PG of extremely high purity. The regional regulations under REACH and other chemical safety programs also affect the formulation and sourcing of products. Europe is an essential exporter of specialty-grade PG for the pharmaceutical and food processing industries; hence, the market is well integrated from both demand and supply perspectives. Asia-Pacific: Asia-Pacific is the fastest developing region in the global PG market, with China and India being the largest contributors. Rapid industrialization, urbanization, and population growth increase demand in leading end-user sectors such as construction, automobiles, and the food and beverage industry. The regional market in China is held with a large industrial base, and the surging domestic demand and selling some PG derivatives as exports. India is increasingly turning to its demand in pharmaceuticals, personal care, and FMCG. Furthermore, the regional production capacity plus cost competitiveness is expected to be on a good pace due to higher investments into bio-PG and support from the government to the chemical industry. With further tightening of environmental regulations, Asia-Pacific is thus expected to witness propelled green production processes. LAMEA (Latin America, Middle East, and Africa): The LAMEA region is an emerging market for PG, with food, pharmaceutical, and construction industries proving to have untapped potential. In Latin America, Brazil and Mexico are slowly increasing their domestic consumption of PG, primarily in food processing and industrial manufacturing. The Middle East, meanwhile, sees a slow but steady demand for PG in personal care, construction, and de-icing segments-all closely linked to the rapid infrastructure growth projects in the Gulf countries. In Africa, the market is still developing, but its growth will uncontrollably build on increasing investments in pharmaceuticals, FMCG products, and agrochemicals. The region already heavily depends on imports but is slowly waking up to the idea of local manufacturing and bio-based production, with sustainability tipping the scales. Request a Customized Copy of the Propylene Glycol Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Propylene Glycol Market Size, Trends and Insights By Source (Petroleum-based, Bio-based), By Grade (Industrial Grade, Pharmaceutical Grade, Others), By End-Use Industry (Transportation, Building & construction, Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' Report at of the prominent players in the Propylene Glycol Market: Dow Inc. BASF SE LyondellBasell Industries Holdings B.V. Huntsman Corporation INEOS Oxide Shell plc ADM (Archer Daniels Midland Company) Global Bio-Chem Technology Group Co. Ltd. Repsol S.A. SK picglobal Manali Petrochemicals Limited Royal Dutch Shell Adeka Corporation Sumitomo Chemical Co. Ltd. Dairen Chemical Corporation Zibo Haijie Chemical Co. Ltd. HaiKe Chemical Group Ltd. Lihong Fine Chemicals Co. Ltd. Qingdao Shida Chemical Co. Ltd. Sasol Limited Others Click Here to Access a Free Sample Report of the Global Propylene Glycol Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. 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Which Trends Are Causing These Developments? Who Are the Global Key Players in This Propylene Glycol Market? What are Their Company Profile, Product Information, and Contact Information? What Was the Global Market Status of the Propylene Glycol Market? What Was the Capacity, Production Value, Cost and PROFIT of the Propylene Glycol Market? What Is the Current Market Status of the Propylene Glycol Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Propylene Glycol Market by Considering Applications and Types? What Are Projections of the Global Propylene Glycol Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Propylene Glycol Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Propylene Glycol Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Propylene Glycol Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Propylene Glycol Industry? Click Here to Access a Free Sample Report of the Global Propylene Glycol Market @ Reasons to Purchase Propylene Glycol Market Report Propylene Glycol Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Propylene Glycol Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Propylene Glycol Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Propylene Glycol Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Propylene Glycol market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth. Buy this Premium Propylene Glycol Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Propylene Glycol market analysis. The competitive environment of current and potential participants in the Propylene Glycol market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given. Who should buy this report? Participants and stakeholders worldwide Propylene Glycol market should find this report useful. The research will be useful to all market participants in the Propylene Glycol industry. Managers in the Propylene Glycol sector are interested in publishing up-to-date and projected data about the worldwide Propylene Glycol market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Propylene Glycol products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the Propylene Glycol Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work toward achieving sustainable growth in their respective domains. CMI offers a comprehensive solution, from data collection to investment advice. Our company's expert analysis digs out essential factors that help us understand the significance and impact of market dynamics. The professional experts utilize client insights to inform strategies for estimating future declines, forecasting opportunities for growth, and conducting consumer surveys. Follow Us: LinkedIn | Twitter | Facebook | YouTube Contact Us: Joel John CMI Consulting LLC 1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702 USA: +1 737-734-2707 India: +91 20 46022736 Email: support@ Web: Blog: Blog: Blog: Blog: Buy this Premium Propylene Glycol Research Report | Fast Delivery Available - [220+ Pages] @
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[Latest] Global Propylene Glycol Market Size/Share Worth USD 7.03 Billion by 2034 at a 4.23% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Propylene Glycol Market size & share revenue was valued at approximately USD 4.66 Billion in 2024 and is expected to reach USD 5.01 Billion in 2025 and is expected to reach around USD 7.03 Billion by 2034, at a CAGR of 4.23% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Dow Inc., BASF SE, LyondellBasell Industries Holdings B.V., Huntsman Corporation, INEOS Oxide, Shell plc, ADM (Archer Daniels Midland Company), Global Bio-Chem Technology Group Co. Ltd., Repsol S.A., SK picglobal, Manali Petrochemicals Limited, Royal Dutch Shell, Adeka Corporation, Sumitomo Chemical Co. Ltd., Dairen Chemical Corporation, Zibo Haijie Chemical., HaiKe Chemical Group Ltd., Lihong Fine Chemicals & Others. Austin, TX, USA, July 17, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Propylene Glycol Market Size, Trends and Insights By Source (Petroleum-based, Bio-based), By Grade (Industrial Grade, Pharmaceutical Grade, Others), By End-Use Industry (Transportation, Building & construction, Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' in its research database.'According to the latest research study, the demand of global Propylene Glycol Market size & share was valued at approximately USD 4.66 Billion in 2024 and is expected to reach USD 5.01 Billion in 2025 and is expected to reach a value of around USD 7.03 Billion by 2034, at a compound annual growth rate (CAGR) of about 4.23% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Propylene Glycol Market @ Overview According to the CMI, industry experts believe that the global propylene glycol (PG) market can expect steady and sustained growth in the years to come. This movement has been sustained by a wide range of applications, which have started instilling interest in bio-alternatives. The chemical's versatility and safety make it an important component for a large number of end-use industries that include pharmaceuticals, food and beverage, personal care, automotive, and construction. Growing environmental considerations and strict regulatory policies have pushed manufacturers to opt for bio-based production technologies to fulfill demand going into the future while also achieving sustainability targets. Nevertheless, the global PG market stands tall as a resilient and flexible segment within the specialty chemicals market. Key Trends & Drivers Versatile industrial applications: As a synthetic organic compound, propylene glycol finds many uses as an industrial solvent and humectant, preservative, and antifreeze. The versatility of application, being the strongest factor for the demand for this market, enhances the packaging industry, among many others. It is commonly used in the food industry to carry flavors and colors. In the pharmaceutical industry, it is used as a solvent in oral, injectable, and topical formulations. In personal care products, it acts as a humectant in lotions, creams, and shampoos. It is used industrially in antifreeze solutions, de-icing fluid, and HVAC coolants. This variety in applications keeps demand sustained, even in times of economic downturn. Increasing Popularity of Bio-Based Propylene Glycol: Environmental sustainability and safe alternatives are driving the rise of interest in bio-based PG. Being made from renewable feedstock resources such as glycerin, corn, or soy, bio-based PG has a smaller carbon footprint than does petroleum-based PG. Much money is being invested by companies in R&D to scale up production and create more cost-effective production methods. Evidently, with growing consumer awareness regarding eco-labels and transparency in products, food, pharmaceutical, and cosmetic producers are starting to prefer renewable and biodegradable ingredients. This trend is expected to give a faster push to the bio-based PG segment rather than the conventional one. Growth Prospects in Personal Care and Cosmetics: Given the roaring present-day personal care market, a surge in disposable incomes, urbanization, and changing lifestyles has been the motive behind the rapid growth of such industry. Propylene glycol is extensively used in skin and hair care formulations as texture enhancers or stabilizers, and humectants. With consumer demand for clean beauty products on the increase, companies are now renovating products that had harsh chemicals with bio-based PG. This trend of personal care brands in favour of PG will grow further while demand for cruelty-free and plant-based products hits an all-time high simply because of their non-toxic and non-irritating characteristics. Request a Customized Copy of the Propylene Glycol Market Report @ The growing demand from pharmaceutical and food industries: Looking out for alternative solvents and carriers that are non-toxic and GRAS (Generally Recognized as Safe) makes PG one of the key ingredients in drug production; it is incorporated in oral and injectable drugs and topical medicines because it dissolves active ingredients well and maintains stability in the final product. Moving equivalently, PG finds a large area of use in food processing as a humectant and flavor carrier for processed foods, dairy products, and beverages. On account of an increase in pharmaceutical production and consumption of processed food all over the globe-mainly led by emerging markets such as India, China, and Brazil-demand for PG in these sectors shall continue to grow. The construction and automotive industries: Propylene glycol (PG) has found quite a few important uses within the construction and automotive industries, being favored for its properties-from a chemical standpoint that include low toxicity, thermal stability, moisture retention, and so on. PG is preponderantly utilized in the construction sphere as a heat transfer fluid for HVAC systems and antifreeze solutions, for instance, in closed-loop heating and cooling applications. Owing to low corrosion and toxicity, PG is an excellent alternative to ethylene glycol for use in residential and commercial building systems where environmental and safety considerations are paramount. PG also finds use in construction materials for concrete curing, moisture control, etc., particularly in cold regions, where freezing prevents cracking and aids in maintaining the structural integrity of dry materials. Therefore, PG is commonly used in the automotive industry as an engine coolant and a de-icing solution. Report Scope Feature of the Report Details Market Size in 2025 USD 5.01 Billion Projected Market Size in 2034 USD 7.03 Billion Market Size in 2024 USD 4.66 Billion CAGR Growth Rate 4.23% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Source, Grade, End-Use Industry and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Propylene Glycol report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Propylene Glycol report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Propylene Glycol Market Report @ SWOT Analysis Strengths: Propylene glycol enjoys the benefits of diversified uses across stable and regulated industries such as pharmaceuticals, food and beverage, and personal care. It being an approved chemical by such regulatory bodies as the FDA and EFSA aids its use in sensitive consumer products. Its manufacturing plants spread all over the world make distribution and supply reliable in the required areas. The increased acceptance of bio-based PG is, therefore, opening new market segments in line with worldwide sustainability targets. Weaknesses: Although versatile, the market suffers from structural weaknesses. Conventional PG, synthesized from petroleum-based feedstock, is subject to crude oil cartelism in prices. Also, the environmental concerns associated with petrochemical production are posing an extra layer of scrutiny by regulators. Small- and medium-scale enterprises (SMEs) may be at a disadvantage in competing because of expensive capital investments required for technology upgrades and meeting compliance requirements. Also, the demand for low-price competitors such as ethylene glycol in certain industrial applications adds to the price pressure. Opportunities: The bio-based PG subsegment shines as a golden window of growth. As industries move towards cleaner and sustainable production methods, companies investing in the manufacture of renewable PG can certainly gain an important chunk of market share. Emerging markets also present a rising opportunity as enhanced consumption of processed foods, pharmaceuticals, and personal care products creates new demand. There is also a scope for innovation in applications of PG-along with 3D printing materials or biodegradable plastics-that may provide brand-new opportunities for growth. Pooling resources with packaging and materials companies pursuant to circular economy principles could result in more PG applications. Threats: Various outside factors threaten the PG market. Prices of raw materials ebb and flow, and plants operating under the shadow of geopolitical instability will interrupt supply chains and raise production costs. Stricter environmental regulations toward petrochemical derivatives can prevent consumer applications of petroleum PG from using petroleum-based PG. Increased competition from alternative solvents in the longer run, including the newer bio-based chemicals, also poses a threat. Public perception and consumer skepticism regarding chemical ingredients, more so in foods and cosmetics, might hit demand unless these are addressed through transparency and education. Request a Customized Copy of the Propylene Glycol Market Report @ Key questions answered in this report: What is the size of the Propylene Glycol market and what is its expected growth rate? What are the primary driving factors that push the Propylene Glycol market forward? What are the Propylene Glycol Industry's top companies? What are the different categories that the Propylene Glycol Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Propylene Glycol market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Propylene Glycol Research Report | Fast Delivery Available - [220+ Pages] @ Regional Analysis The Propylene Glycol Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region: North America: North America holds a prominent share in the global propylene glycol market, driven by high demand across diverse industries such as food & beverage, pharmaceuticals, automotive, and cosmetics. The U.S. is the largest contributor, owing to the presence of major manufacturers, a mature industrial infrastructure, and advanced regulatory frameworks that support both petroleum-based and bio-based glycol production. Recent developments include capacity expansions, especially in sustainable or bio-based PG, due to increasing consumer preference for eco-friendly ingredients. The pharmaceutical and personal care sectors, in particular, are driving demand for high-purity pharmaceutical-grade PG in the region. Additionally, stringent quality and safety regulations in the food and drug sectors contribute to the consistent growth trajectory in North America. Europe: Europe, as a mature market during the acquisition of PG, considers the environmental aspect, having increased queries for bio-based alternatives. Germany, France, and the Netherlands are spearheading the sustainability initiatives, urging the conversion of petroleum-based PG to renewable ones. Also, the significant presence of direct manufacturers of cosmetics and personal care products fuels the demand for PG of extremely high purity. The regional regulations under REACH and other chemical safety programs also affect the formulation and sourcing of products. Europe is an essential exporter of specialty-grade PG for the pharmaceutical and food processing industries; hence, the market is well integrated from both demand and supply perspectives. Asia-Pacific: Asia-Pacific is the fastest developing region in the global PG market, with China and India being the largest contributors. Rapid industrialization, urbanization, and population growth increase demand in leading end-user sectors such as construction, automobiles, and the food and beverage industry. The regional market in China is held with a large industrial base, and the surging domestic demand and selling some PG derivatives as exports. India is increasingly turning to its demand in pharmaceuticals, personal care, and FMCG. Furthermore, the regional production capacity plus cost competitiveness is expected to be on a good pace due to higher investments into bio-PG and support from the government to the chemical industry. With further tightening of environmental regulations, Asia-Pacific is thus expected to witness propelled green production processes. LAMEA (Latin America, Middle East, and Africa): The LAMEA region is an emerging market for PG, with food, pharmaceutical, and construction industries proving to have untapped potential. In Latin America, Brazil and Mexico are slowly increasing their domestic consumption of PG, primarily in food processing and industrial manufacturing. The Middle East, meanwhile, sees a slow but steady demand for PG in personal care, construction, and de-icing segments-all closely linked to the rapid infrastructure growth projects in the Gulf countries. In Africa, the market is still developing, but its growth will uncontrollably build on increasing investments in pharmaceuticals, FMCG products, and agrochemicals. The region already heavily depends on imports but is slowly waking up to the idea of local manufacturing and bio-based production, with sustainability tipping the scales. Request a Customized Copy of the Propylene Glycol Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Propylene Glycol Market Size, Trends and Insights By Source (Petroleum-based, Bio-based), By Grade (Industrial Grade, Pharmaceutical Grade, Others), By End-Use Industry (Transportation, Building & construction, Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' Report at of the prominent players in the Propylene Glycol Market: Dow Inc. BASF SE LyondellBasell Industries Holdings B.V. Huntsman Corporation INEOS Oxide Shell plc ADM (Archer Daniels Midland Company) Global Bio-Chem Technology Group Co. Ltd. Repsol S.A. SK picglobal Manali Petrochemicals Limited Royal Dutch Shell Adeka Corporation Sumitomo Chemical Co. Ltd. Dairen Chemical Corporation Zibo Haijie Chemical Co. Ltd. HaiKe Chemical Group Ltd. Lihong Fine Chemicals Co. Ltd. Qingdao Shida Chemical Co. Ltd. Sasol Limited Others Click Here to Access a Free Sample Report of the Global Propylene Glycol Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. Browse More Related Reports: US Flow Chemistry Market: US Flow Chemistry Market Size, Trends and Insights By Reactor (Tabular Reactor, Microreactor, Oscillatory Flow Reactor, Packed-Bed Reactors, Droplet-Based Reactor, Photochemical Reactors, Others), By Purification Method (Chromatography, Crystallization, Distillation, Liquid-Liquid Extraction, Membrane Filtration, Others), By Application (Chemical Synthesis, Pharmaceutical Synthesis, Material Science, Agrochemical Syntheis, Energy Conversion, Others), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Cement Paints Market: Cement Paints Market Size, Trends and Insights By Type (White Cement-Based Paints, Colored Cement Paints, Other Specialty Cement Paints), By Application (Exterior, Interior), By End Use (Residential, Commercial, Industrial), By Distribution Channel (Direct Sales, Retail Stores, E-Commerce, Distributors and Wholesalers), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Food Grade Calcium Chloride Market: Food Grade Calcium Chloride Market Size, Trends and Insights By Type (Calcium Chloride Dihydrate, Calcium Chloride Anhydrous), By Form (Powder, Flakes, Pellets, Granular, Liquid), By Application 9Beverage (Alcoholic, Non-alcoholic), Dairy, Meat, Bakery & Confectionery, Fruits & Vegetables, Others (Food Additives, etc.)), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 APAC Clean Room Technology Market: APAC Calcium Chloride Market Size, Trends and Insights By Product (Cleanroom Consumables, Safety Consumables, Cleaning Consumables, Other cleaning consumables, Equipment, HVAC Systems, HEPA Filters, Fan Filter Units, Others, Controls), By Type (Standard Cleanrooms, Modular Cleanrooms, Hardwall Cleanrooms, Softwall Cleanrooms, Mobile Cleanrooms), By End User (Pharmaceutical, Biotechnology, Medical Device Manufacturers, Electronics, Hospitals, Other End Users), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Aspartic Acid Market: Aspartic Acid Market Size, Trends and Insights By Source (Plant Based, Avocado, Asparagus, Molasses, Others, Animal Based, Wild game, Oysters, Sausage meat), By Product (L-Aspartic Acid, D-Aspartic Acid, DL-Aspartic Acid), By Application (Feed Supplements, Pharmaceutical & Medicine, Polyaspartic Acid, Aspartame, L-Alanine, Others), By Distribution Channels (Direct, Indirect), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Flooring Market: Flooring Market Size, Trends and Insights By Product Type (Ceramic Tiles, Porcelain Tiles, Carpet, Vinyl, Wood & Laminate, Others), By Application (Residential, Industrial), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Asia Pacific Aromatherapy Market: Asia Pacific Aromatherapy Market Size, Trends and Insights By Product Type (Essential Oils, Carrier Oils, Diffusers, Other Accessories), By Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), By End-Use Industry (Home Use, Spa and Wellness Centers, Medical and Clinical Settings, Personal Care and Cosmetics), By Distribution Channel (Online Channels, Offline Channels), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Industrial Sulfuric Acid Market: Industrial Sulfuric Acid Market Size, Trends and Insights By Type (Concentrated Sulfuric Acid, Tower/Glover Acid, Battery Acid, Others), By Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Automotive, Others), By End Use Industry (Agriculture, Chemicals, Metals & Mining, Petroleum, Automotive, Others), By Distribution Channel (Online, Offline), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 The Propylene Glycol Market is segmented as follows: By Source Petroleum-based Bio-based By Grade Industrial Grade Pharmaceutical Grade Others By End-Use Industry Transportation Building & construction Food & Beverage Pharmaceuticals Cosmetics & Personal Care Others Click Here to Get a Free Sample Report of the Global Propylene Glycol Market @ Regional Coverage: North America U.S. Canada Mexico Rest of North America Europe Germany France U.K. Russia Italy Spain Netherlands Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Taiwan Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America This Propylene Glycol Market Research/Analysis Report Contains Answers to the following Questions. Which Trends Are Causing These Developments? Who Are the Global Key Players in This Propylene Glycol Market? What are Their Company Profile, Product Information, and Contact Information? What Was the Global Market Status of the Propylene Glycol Market? What Was the Capacity, Production Value, Cost and PROFIT of the Propylene Glycol Market? What Is the Current Market Status of the Propylene Glycol Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Propylene Glycol Market by Considering Applications and Types? What Are Projections of the Global Propylene Glycol Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Propylene Glycol Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Propylene Glycol Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Propylene Glycol Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Propylene Glycol Industry? Click Here to Access a Free Sample Report of the Global Propylene Glycol Market @ Reasons to Purchase Propylene Glycol Market Report Propylene Glycol Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Propylene Glycol Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Propylene Glycol Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Propylene Glycol Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Propylene Glycol market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth. Buy this Premium Propylene Glycol Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Propylene Glycol market analysis. The competitive environment of current and potential participants in the Propylene Glycol market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given. Who should buy this report? Participants and stakeholders worldwide Propylene Glycol market should find this report useful. The research will be useful to all market participants in the Propylene Glycol industry. Managers in the Propylene Glycol sector are interested in publishing up-to-date and projected data about the worldwide Propylene Glycol market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Propylene Glycol products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the Propylene Glycol Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work toward achieving sustainable growth in their respective domains. CMI offers a comprehensive solution, from data collection to investment advice. Our company's expert analysis digs out essential factors that help us understand the significance and impact of market dynamics. The professional experts utilize client insights to inform strategies for estimating future declines, forecasting opportunities for growth, and conducting consumer surveys. Follow Us: LinkedIn | Twitter | Facebook | YouTube Contact Us: Joel John CMI Consulting LLC 1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702 USA: +1 737-734-2707 India: +91 20 46022736 Email: support@ Web: Blog: Blog: Blog: Blog: Buy this Premium Propylene Glycol Research Report | Fast Delivery Available - [220+ Pages] @ in to access your portfolio
Business Insider
4 days ago
- Business
- Business Insider
Kepler Capital Remains a Buy on BASF SE (0BFA)
In a report released on July 14, Christian Faitz from Kepler Capital maintained a Buy rating on BASF SE, with a price target of €57.00. The company's shares closed last Monday at €42.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Faitz is a 5-star analyst with an average return of 9.2% and a 52.49% success rate. Faitz covers the Basic Materials sector, focusing on stocks such as BASF SE, Lenzing, and K+S Aktiengesellschaft. In addition to Kepler Capital , BASF SE also received a Buy from Deutsche Bank 's Virginie Boucher-Ferte in a report issued on July 14. However, on the same day, Warburg Research maintained a Hold rating on BASF SE (LSE: 0BFA). 0BFA market cap is currently €38.67B and has a P/E ratio of 99.49. Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0BFA in relation to earlier this year.
Globe and Mail
6 days ago
- Business
- Globe and Mail
Water-based Barrier Coatings Market Research, Insights 2025, Share, Trends, Competitive Landscape, Business Statistics and Forecast till 2030
The water-based barrier coatings market is expanding rapidly, driven by growing demand for sustainable packaging solutions across industries. Key players like ALTANA AG, BASF SE, H.B. Fuller, Kuraray, and Michelman lead innovation and global reach. With rising environmental concerns and regulatory support, the market is set for strong, long-term growth. The water-based barrier coatings market is projected to grow from USD 1.28 billion in 2024 to USD 1.85 billion by 2030, at a CAGR of 6.3% between 2025 and 2030 in terms of value. This report provides a comprehensive analysis of the market, including water-based barrier coatings market size, trends, drivers and constraints, competitive aspects, and prospects for future growth. Water-based barrier coatings have gained prominence in the packaging industry due to their ability to facilitate recycling, enhance product protection, and extend the shelf life of food and goods. As packaging companies navigate stringent environmental regulations and strive to design recyclable and eco-friendly solutions, there is an increasing reliance on innovative coatings. Bioplastics have emerged as vital components of sustainable packaging, offering robust protection, adherence to food safety standards, and compatibility with recycling and composting processes. Download PDF Brochure: This shift is aligned with the global movement towards reducing plastic usage and adopting low-carbon materials in packaging, which fuels the demand for these advanced solutions. Many enterprises are integrating bio-based and high-performance water-based coatings into their packaging strategies in response to regulatory pressures and evolving consumer preferences. The drive to minimize pollution and transition to safer products is encouraging the adoption of water-based industrial processes worldwide. Consequently, the water-based barrier coatings market is projected to experience steady and significant growth throughout the forecast period. Oil/grease barrier type segment accounted for second-largest market share in terms of value in 2024 Water-based barrier coatings with oil and grease resistance represent the second-largest segment of the market, primarily driven by demand in the food packaging sector, particularly for fast food, baked goods, and ready-to-eat meals. These coatings effectively prevent oils and fats from permeating packaging materials, ensuring the integrity and cleanliness of the packages and preserving the products' aesthetic quality. In response to evolving consumer expectations and regulatory requirements for the safety and environmental sustainability of packaging for greasy or oily foods, manufacturers are increasingly adopting water-based coatings that safeguard the contents and comply with stringent standards. Furthermore, the growing demand for environmentally friendly and compostable packaging solutions has further accelerated the adoption of oil and grease-resistant water-based coatings across various markets. Other substrates segment accounted for second-largest market share in terms of value in 2024 Water-based barrier coatings used in bioplastics, flexible films, metal foils, and molded fiber products (known as other substrates) played the largest role in sustaining the second-highest group in the market. Because of this, these substrates are picked to make products that are more shock-resistant, less sensitive to heat, or require higher levels of chemical or waterproofness than simple paper or cardboard can deliver. Many pharmaceutical, electronic, and cosmetics companies are now using these alternative materials for their packaging needs. Because people need recyclable materials, the coating industry is creating technologies that can be used on different types of things besides paper. Because companies want their products to be more environmentally friendly and sustainability regulations are getting tougher, water-based barrier coatings are increasing, and firms keep a significant share of the market. North America was third-largest regional market for water-based barrier coatings in 2024 In 2024, North America ranked third in the water-based barrier coating market, a position significantly supported by its robust packaging industry and effective government policies. The increasing consumer demand for recyclable packaging is driving a notable shift in food service packaging, retail food products, and e-commerce shipments in the US and Canada, prompting a transition to water-based coatings. This trend is further reinforced by environmental protection initiatives, with numerous states and provinces implementing bans on single-use plastics. Water-based Barrier Coatings Companies ALTANA AG is a key player in specialty chemicals, offering additives, coatings, pigments, sealants, and instruments through its divisions BYK, ECKART, ELANTAS, and ACTEGA. In Feb 2025, ACTEGA partnered with Standridge Color Corp to launch water-based barrier-coated paperboard using ACTGreen Barrier Coatings. BASF SE, operating in 91 countries, serves diverse industries with its broad chemical portfolio. Its Surface Technologies unit focuses on eco-friendly coatings. In Aug 2024, BASF and Nippon Paint China launched sustainable industrial packaging. Globally, five major players hold 40–45% of the water-based barrier coatings market. ALTANA leads, followed by BASF, H.B. Fuller, Kuraray, and Michelman. The rest of the market includes regional manufacturers. Competition is driven by innovation, sustainability, and expanding applications. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Business Insider
12-07-2025
- Business
- Business Insider
Jefferies Sticks to Its Hold Rating for BASF SE (0BFA)
In a report released today, Chris Counihan from Jefferies maintained a Hold rating on BASF SE, with a price target of €47.00. The company's shares closed yesterday at €44.20. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Counihan is an analyst with an average return of -3.5% and a 47.95% success rate. Counihan covers the Basic Materials sector, focusing on stocks such as BASF SE, LANXESS, and Wacker Chemie AG. BASF SE has an analyst consensus of Hold, with a price target consensus of €49.25, which is an 11.42% upside from current levels. In a report released on June 27, Berenberg Bank also maintained a Hold rating on the stock with a €44.00 price target. 0BFA market cap is currently €38.84B and has a P/E ratio of 53.38. Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0BFA in relation to earlier this year.
