Global Propylene Glycol Category - Procurement Market Intelligence Report
About Propylene Glycol Market
One of the key growth factors for global propylene glycol supply market is the increasing demand of the propylene glycol as an anti-freeze agent in industries such as automotive, personal care, and cosmetics due to its non-toxic nature. Moreover, it is replacing ethylene glycol, which was traditionally used as an anti-freeze and coolant in these industries, due to its toxic nature.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Propylene Glycol Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Propylene Glycol Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Rise in demand for anti-freeze agents and coolants
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- Constant change in prices of propylene glycol
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- Including a clause in SLAs for renegotiation on pricing
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- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
Press Release
SpendEdge Announces the Publication of its Procurement Research Report – Global Propylene Glycol Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Propylene Glycol Category - Procurement Market Intelligence Report: The Dow Chemical, LyondellBasell, Archer Daniels Midland, SK Group, and DuPont.
Commenting on the report, an analyst from SpendEdge said: “Buyers must have a clear understanding of all the factors when they are negotiating for the price of propylene glycol, as this will help them optimize procurement costs by negotiating better.”
According to the report, one of the key growth contributors for global propylene glycol supply market is the increasing demand of the propylene glycol as an anti-freeze agent in industries such as automotive, personal care, and cosmetics due to its non-toxic nature. Moreover, it is replacing ethylene glycol, which was traditionally used as an anti-freeze and coolant in these industries, due to its toxic nature.
Further, the report states that a major procurement challenge experienced by the buyers is the constant change in prices of propylene glycol. SpendEdge’s procurement specialists predict that the buyers must seek assistance from suppliers on forecasting of demand and pricing of raw materials.
Companies Mentioned
The Dow Chemical, LyondellBasell, Archer Daniels Midland, SK Group, and DuPont.
- PART 1: CATEGORY AT A GLANCE
- TAKEAWAY 01 | Market Overview
- TAKEAWAY 02 | Demand and Supply Snapshot
- TAKEAWAY 03 | Key Market Dynamics
- TAKEAWAY 04 | Supply Market Highlights
- TAKEAWAY 05 | Pricing Insights
- TAKEAWAY 06 | Procurement Insights
- PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
- PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Global Molasses Production Hubs
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
- PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
- PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models – Pros and Cons
- Indicative Pricing
- PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
- PART 7: TOP FIVE SUPPLIERS
- The Dow Chemical
- LyondellBasel
- Archer Daniels Midland
- SK Group
- DuPont
- PART 8: APPENDIX
- Glossary
- Key Notes
- About Us
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