Report overview
1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
This report aims to provide a comprehensive presentation of the global market for 1,2-Propylene Glycol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 1,2-Propylene Glycol. This report contains market size and forecasts of 1,2-Propylene Glycol in global, including the following market information:
Global 1,2-Propylene Glycol Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global 1,2-Propylene Glycol Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five 1,2-Propylene Glycol companies in 2022 (%)
The global 1,2-Propylene Glycol market was valued at US$ 3874.4 million in 2022 and is projected to reach US$ 4337.8 million by 2029, at a CAGR of 1.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest market with about 30% market share. USA is follower, accounting for about 27% market share.
The key players are Dow, Lyondell Basell, Huntsman, ADM, INEOS, BASF, Repsol, Sumitomo Chem, Asahi Kasei, SKC, Shell, Shandong Shida Shenghua, CNOOC & Shell Petrochem, Hi-tech Spring Chem, Daze Group, Shandong Depu Chem etc. Dow is the largest manufacturer with about 28% market share.
We surveyed the 1,2-Propylene Glycol manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 1,2-Propylene Glycol Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global 1,2-Propylene Glycol Market Segment Percentages, by Type, 2022 (%)
Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol
Global 1,2-Propylene Glycol Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global 1,2-Propylene Glycol Market Segment Percentages, by Application, 2022 (%)
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Global 1,2-Propylene Glycol Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global 1,2-Propylene Glycol Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies 1,2-Propylene Glycol revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies 1,2-Propylene Glycol revenues share in global market, 2022 (%)
Key companies 1,2-Propylene Glycol sales in global market, 2018-2023 (Estimated), (K MT)
Key companies 1,2-Propylene Glycol sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dow
Lyondell Basell
Huntsman
ADM
INEOS
BASF
Repsol
Sumitomo Chem
Asahi Kasei
SKC
Shell
Shandong Shida Shenghua
CNOOC & Shell Petrochem
Hi-tech Spring Chem
Daze Group
Shandong Depu Chem
Outline of Major Chapters:
Chapter 1: Introduces the definition of 1,2-Propylene Glycol, market overview.
Chapter 2: Global 1,2-Propylene Glycol market size in revenue and volume.
Chapter 3: Detailed analysis of 1,2-Propylene Glycol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of 1,2-Propylene Glycol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global 1,2-Propylene Glycol capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
