According to the latest report by IMARC Group, titled “Propylene Glycol Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026,” the global propylene glycol market is expected to grow at a CAGR of around 4% during the forecast period (2021-2026) Propylene glycol refers to a colorless, viscous and hygroscopic liquid that is easily dissolvable in water, resins, dyes and essential oils. It is generally manufactured via the hydration of propylene oxide. Since it is a solvent, emollient, humectant and preservative, it is widely utilized in the formulation of numerous…

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