
New report on Bio-Based Propylene Glycol application market is segmented into Unsaturated Polyester Resins, Fluids and Coolants, Detergents, Food, Pharmaceuticals and others. Fluids and Coolants segment is the largest revenue-generating segment due to bio-based PG's physical properties such as high boiling point and low freeze point. Propylene Glycol (PG) is a multifunctional organic molecule that is produced from petroleum products, mainly propylene oxide. It is used in various industries such as electronic, food, pharmaceutical, cosmetics and fiberglass resins. Bio-Based Propylene Glycol is a product, which is derived renewably and it reduces emission of the greenhouse gases. It has relatively high boiling point and low freezing point. Bio-Based Propylene Glycol offers fruity odor and can be used efficiently in the industries that manufacture perfumes and colognes. It has a broad spectrum of applications such as antifreeze, waste heat recovery, coolants, solar system, etc. Due to soaring concern for environment, industries are finding their way out in the bio-based routes for developing propylene glycol.