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.
The primary outlet for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are used in surface coatings and glass fiber-reinforced resins. The second-largest consumer is functional fluids such as deicing and antifreeze. 1, 2-Propanediol is also used in plasticizers and hydraulic brake fluids. Other uses are in non-ionic detergents and as a humectant in the pharmaceutical, cosmetics, animal foodstuffs and ?tobacco industries. It is also an excellent solvent and extractant.
This report aims to provide a comprehensive presentation of the global market for Monopropylene Glycol (MPG), 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 Monopropylene Glycol (MPG). This report contains market size and forecasts of Monopropylene Glycol (MPG) in global, including the following market information:
Global Monopropylene Glycol (MPG) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Monopropylene Glycol (MPG) Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Monopropylene Glycol (MPG) companies in 2022 (%)
The global Monopropylene Glycol (MPG) market was valued at US$ 4617.9 million in 2022 and is projected to reach US$ 5703.6 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global 1,2-Propanediol key players include Dow, Lyondell Basell, INEOS, BASF, ADM, etc. Global top five manufacturers hold a share over 60%.
EU is the largest market, with a share over 25%, followed by USA and China, both have a share over 35%.
In terms of product, Industrial Grade is the largest segment, with a share about 75%. And in terms of application, the largest application is Unsaturated Polyester Resins (UPR), followed by Cosmetics, Pharmaceutics and Food, etc.
We surveyed the Monopropylene Glycol (MPG) 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 Monopropylene Glycol (MPG) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Monopropylene Glycol (MPG) Market Segment Percentages, by Type, 2022 (%)
Industrial Grade
Food Grade
Pharmaceutical Grade
Global Monopropylene Glycol (MPG) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Monopropylene Glycol (MPG) Market Segment Percentages, by Application, 2022 (%)
Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Industrial
Others
Global Monopropylene Glycol (MPG) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Monopropylene Glycol (MPG) 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 Monopropylene Glycol (MPG) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Monopropylene Glycol (MPG) revenues share in global market, 2022 (%)
Key companies Monopropylene Glycol (MPG) sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Monopropylene Glycol (MPG) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
DowDuPont
BASF
Huntsman
ADM
OLEON
Polioles
LyondellBasell
Repsol
INEOS
AGC Chemicals
Shell
ADEKA
SKC
PJSC Nizhnekamskneftekhim
PCC Rokita
Shandong Shida Shenghua Chemical
Tongling Jintai Chemical
CNOOC and Shell Petrochemicals
Dongying Hi-tech Spring Chemical
Shandong Depu Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Monopropylene Glycol (MPG), market overview.
Chapter 2: Global Monopropylene Glycol (MPG) market size in revenue and volume.
Chapter 3: Detailed analysis of Monopropylene Glycol (MPG) 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 Monopropylene Glycol (MPG) 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 Monopropylene Glycol (MPG) 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.
