Propylene Glycol Market Size, Industry Analysis, Growth, Analysis, 2032
Propylene Glycol Market Size - By Grade (Industrial Grade And Pharmaceutical Grade) And By End-Use Industry (Cosmetics & Personal Care, Food & Beverage, Pharmaceutical, Automotive, Building & Construction, And Others), By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 4.61 Billion | USD 6.90 Billion | 4.57% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- 1.3.3. Level 1: Primary Research
- 1.3.4. Level 2: Secondary Research
- 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
- 1.1. Report Description
- Chapter 2. Executive Summary
- 2.1. Global Propylene Glycol Market, 2016-2025 (Kilotons) (USD Billion)
- 2.2. Propylene Glycol: Market Snapshot
- Chapter 3. Propylene Glycol Market: Industry Analysis
- 3.1. Propylene Glycol: Market Dynamics
- 3.1.1. Introduction
- 3.1.2. Classification of functional fluids market
- 3.2. Value Chain Analysis
- 3.2.1. Propylene Glycol: Value Chain Analysis
- 3.3. Market Drivers
- 3.3.1. Eco-friendly production process
- 3.3.2. The increased use of propylene glycol in processed food and drinks
- 3.4. Restraints
- 3.4.1. Huge investments needed for R&D activities
- 3.5. Opportunities
- 3.5.1. Rising demand for bio-based propylene glycol
- 3.6. Porter's Five Forces Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1. Market attractiveness analysis by grade
- 3.7.2. Market attractiveness analysis by end-use industry
- 3.7.3. Market attractiveness analysis by region
- 3.1. Propylene Glycol: Market Dynamics
- Chapter 4. Global Propylene Glycol Market: Value Chain Analysis
- 4.1. Propylene Glycol: Value Chain Analysis
- 4.2. Propylene Glycol Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Propylene Glycol Raw Material Manufacturers List
- 4.2.3. Price Trends of Propylene Glycol Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
- Chapter 5. Global Propylene Glycol Market: Competitive Landscape
- 5.1. Company Market Share Analysis
- 5.1.1. Global Propylene Glycol Market: Company Market Share, 2018
- 5.2. Strategic Development
- 5.2.1. Acquisitions & Mergers
- 5.2.2. New Product Launch
- 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
- 5.2.4. Research and Development and Regional Expansion
- 5.3. Portfolio Type
- 5.1. Company Market Share Analysis
- Chapter 6. Global Propylene Glycol Market: Grade Overview
- 6.1. Global Propylene Glycol Market Share, by Grade, 2018 and 2025
- 6.2. Industrial Grade
- 6.2.1. Overview
- 6.2.2. Global Propylene Glycol Market by Industrial Grade, 2016-2025 (Kilotons) (USD Billion)
- 6.3. Pharmaceutical Grade
- 6.3.1. Overview
- 6.3.2. Global Propylene Glycol Market by Pharmaceutical Grade, 2016-2025 (Kilotons) (USD Billion)
- Chapter 7. Global Propylene Glycol Market: End-use Industry Overview
- 7.1. Global Propylene Glycol Market Share, by End-use Industry, 2018 and 2025
- 7.2. Cosmetics & Personal Care
- 7.2.1. Overview
- 7.2.2. Global Propylene Glycol Market for Cosmetics & Personal Care, 2016-2025 (Kilotons) (USD Billion)
- 7.3. Food & Beverage
- 7.3.1. Overview
- 7.3.2. Global Propylene Glycol Market for Food & Beverage, 2016-2025 (Kilotons) (USD Billion)
- 7.4. Pharmaceutical
- 7.4.1. Overview
- 7.4.2. Global Propylene Glycol Market for Pharmaceutical, 2016-2025 (Kilotons) (USD Billion)
- 7.5. Automotive
- 7.5.1. Overview
- 7.5.2. Global Propylene Glycol Market for Automotive, 2016-2025 (Kilotons)(USD Billion)
- 7.6. Building & Construction
- 7.6.1. Overview
- 7.6.2. Global Propylene Glycol Market for Building & Construction, 2016-2025 (Kilotons)(USD Billion)
- 7.7. Others
- 7.7.1. Overview
- 7.7.2. Global Propylene Glycol Market for Others, 2016-2025 (Kilotons) (USD Billion)
- Chapter 8. Global Propylene Glycol Market: Regional Analysis
- 8.1. Global Propylene Glycol Market: Regional overview
- 8.1.1. Global Propylene Glycol Market Share, by Region, 2014 and 2022
- 8.2. North America
- 8.2.1. Overview
- 8.2.2. North America Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.2.3. North America Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.2.4. North America Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.2.5. North America Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.2.6. The U.S.
- 8.2.6.1. The U.S. Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.2.6.2. The U.S. Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.2.6.3. The U.S. Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.2.6.4. The U.S. Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.2.7. Rest of North America
- 8.2.7.1. Rest of North America Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.2.7.2. Rest of North America Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.2.7.3. Rest of North America Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.2.7.4. Rest of North America Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.3. Europe
- 8.3.1. Overview
- 8.3.2. Europe Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.3.3. Europe Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.3.4. Europe Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.3.5. Europe Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.3.6. UK
- 8.3.6.1. UK Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.3.6.2. UK Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.3.6.3. UK Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.3.6.4. UK Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.3.7. France
- 8.3.7.1. France Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.3.7.2. France Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.3.7.3. France Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.3.7.4. France Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.3.8. Germany
- 8.3.8.1. Germany Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.3.8.2. Germany Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.3.8.3. Germany Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.3.8.4. Germany Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.3.9. Rest of Europe
- 8.3.9.1. Rest of Europe Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.3.9.2. Rest of Europe Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.3.9.3. Rest of Europe Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.3.9.4. Rest of Europe Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Overview
- 8.4.2. Asia Pacific Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.4.3. Asia Pacific Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.4.4. Asia Pacific Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.4.5. Asia Pacific Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.4.6. China
- 8.4.6.1. China Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.4.6.2. China Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.4.6.3. China Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.4.6.4. China Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.4.7. Japan
- 8.4.7.1. Japan Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.4.7.2. Japan Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.4.7.3. Japan Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.4.7.4. Japan Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.4.8. India
- 8.4.8.1. India Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.4.8.2. India Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.4.8.3. India Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.4.8.4. India Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.4.9. Rest of Asia Pacific
- 8.4.9.1. Rest of Asia Pacific Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.4.9.2. Rest of Asia Pacific Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.4.9.3. Rest of Asia Pacific Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.4.9.4. Rest of Asia Pacific Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.5.2. Latin America Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.5.3. Latin America Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.5.4. Latin America Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.5.5. Brazil
- 8.5.5.1. Brazil Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.5.5.2. Brazil Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.5.5.3. Brazil Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.5.5.4. Brazil Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.5.6. Rest of Latin America
- 8.5.6.1. Rest of Latin America Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.5.6.2. Rest of Latin America Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.5.6.3. Rest of Latin America Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.5.6.4. Rest of Latin America Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.6. The Middle East and Africa
- 8.6.1. The Middle East and Africa Propylene Glycol Market Volume, by Grade, 2016-2025 (Kilotons)
- 8.6.2. The Middle East and Africa Propylene Glycol Market Revenue, by Grade, 2016-2025 (USD Billion)
- 8.6.3. The Middle East and Africa Propylene Glycol Market Volume, by End-use Industry, 2016-2025 (Kilotons)
- 8.6.4. The Middle East and Africa Propylene Glycol Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
- 8.1. Global Propylene Glycol Market: Regional overview
- Chapter 9. Company Profiles
- 9.1. The Dow Chemical Company
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategy
- 9.1.5. Recent Developments
- 9.2. LyondellBasell Industries N.V.
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategy
- 9.2.5. Recent Developments
- 9.3. BASF SE
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategy
- 9.3.5. Recent Developments
- 9.4. Archer Daniels Midland Company
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategy
- 9.4.5. Recent Developments
- 9.5. Global Bio-chem Technology Group Co., Ltd.
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategy
- 9.5.5. Recent Developments
- 9.6. DuPont Tate & Lyle Bio Products Company, LLC
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategy
- 9.6.5. Recent Developments
- 9.7. Huntsman Corporation
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategy
- 9.7.5. Recent Developments
- 9.8. SKC Co., Ltd.
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategy
- 9.8.5. Recent Developments
- 9.9. Temix International S.R.L.
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategy
- 9.9.5. Recent Developments
- 9.10. Ineos Oxide
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategy
- 9.10.5. Recent Developments
- 9.1. The Dow Chemical Company
Table Of Figures
List of Figures
1. Global Propylene Glycol Market Segmentation by Grade, End-use Industry, and Region
2. Global Propylene Glycol Market, 2016–2025 (Kilotons) (USD Billion)
3. Value Chain Analysis: Propylene Glycol Market
4. Porter’s Five Forces Analysis
5. Market Attractiveness Analysis by Grade
6. Market Attractiveness Analysis by End-use Industry
7. Market Attractiveness Analysis by Region
8. Global Propylene Glycol Market: Company Market Share, 2018
9. Global Propylene Glycol Market Share, by Grade, 2016–2025
10. Global Propylene Glycol Market Share, by Industrial Grade, 2016–2025 (Kilotons) (USD Billion)
11. Global Propylene Glycol Market Share, by Pharmaceutical Grade, 2016–2025 (Kilotons)(USD Billion)
12. Global Propylene Glycol Market Share, by End-use Industry, 2016–2025
13. Global Propylene Glycol Market for Cosmetics & Personal Care, 2016–2025 (Kilotons) (USD Billion)
14. Global Propylene Glycol Market for Food & Beverage, 2016–2025 (Kilotons) (USD Billion)
15. Global Propylene Glycol Market for Pharmaceutical, 2016–2025 (Kilotons) (USD Billion)
16. Global Propylene Glycol Market for Automotive, 2016–2025 (Kilotons) (USD Billion)
17. Global Propylene Glycol Market for Building & Construction, 2016–2025 (Kilotons) (USD Billion)
18. Global Propylene Glycol Market for Others, 2016–2025 (Kilotons) (USD Billion)
19. Global Propylene Glycol Market Share, by Region, 2016–2025
20. North America Propylene Glycol Market, 2016–2025 (USD Billion) (Kilotons)
21. Europe Propylene Glycol Market, 2016–2025 (USD Billion) (Kilotons)
22. Asia Pacific Propylene Glycol Market, 2016–2025 (USD Billion) (Kilotons)
23. Latin America Propylene Glycol Market, 2016–2025 (USD Billion) (Kilotons)
24. The Middle East and Africa Propylene Glycol Market, 2016–2025 (USD Billion) (Kilotons)
Table Of Tables
List of Tables
1. Global Propylene Glycol Market Snapshot
2. Drivers for Propylene Glycol Market: Impact Analysis
3. Restraints of Propylene Glycol Market: Impact Analysis
4. North America Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
5. North America Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
6. North America Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
7. North America Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
8. The U.S. Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
9. The U.S. Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
10. The U.S. Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
11. The U.S. Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
12. Rest of North America Propylene Glycol Market Volume, by Grade, 2016–2025 (USD Billion)
13. Rest of North America Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
14. Rest of North America Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
15. Rest of North America Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
16. Europe Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
17. Europe Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
18. Europe Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
19. Europe Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
20. UK Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
21. UK Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
22. UK Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
23. UK Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
24. France Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
25. France Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
26. France Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
27. France Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
28. Germany Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
29. Germany Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
30. Germany Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
31. Germany Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
32. Rest of Europe Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
33. Rest of Europe Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
34. Rest of Europe Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
35. Rest of Europe Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
36. Asia Pacific Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
37. Asia Pacific Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
38. Asia Pacific Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
39. Asia Pacific Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
40. China Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
41. China Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
42. China Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
43. China Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
44. Japan Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
45. Japan Propylene Glycol Market Revenue, by Grade, 2016–2025 ((USD Billion)
46. Japan Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
47. Japan Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
48. India Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
49. India Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
50. India Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
51. India Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
52. Rest of Asia Pacific Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
53. Rest of Asia Pacific Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
54. Rest of Asia Pacific Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
55. Rest of Asia Pacific Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
56. Latin America Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
57. Latin America Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
58. Latin America Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
59. Latin America Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
60. Brazil Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
61. Brazil Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
62. Brazil Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
63. Brazil Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
64. Rest of Latin America Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
65. Rest of Latin America Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
66. Rest of Latin America Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
67. Rest of Latin America Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
68. The Middle East and Africa Propylene Glycol Market Volume, by Grade, 2016–2025 (Kilotons)
69. The Middle East and Africa Propylene Glycol Market Revenue, by Grade, 2016–2025 (USD Billion)
70. The Middle East and Africa Propylene Glycol Market Volume, by End-use Industry, 2016–2025 (Kilotons)
71. The Middle East and Africa Propylene Glycol Market Revenue, by End-use Industry, 2016–2025 (USD Billion)
Methodology
FrequentlyAsked Questions
Propylene glycol is a synthetic organic molecule used in food and industry. The colorless, odorless liquid tastes somewhat sweet. Food, cosmetics, and pharmaceuticals employ propylene glycol as a humectant because it absorbs water. It is used as a solvent in flavoring, fragrance, and medicinal manufacture. Propylene glycol also cools heat transfer systems and makes antifreeze. Although widely used, propylene glycol can cause adverse reactions in some people and should be used cautiously.
The flourishing automotive and food and beverage industries are likely to drive the propylene glycol market globally in the future. The increasing use of propylene glycol in processed food and drinks globally is expected to further boost the propylene glycol market over the estimated timeframe.
According to the report, the global propylene glycol market size was worth around USD 4.61 billion in 2023 and is predicted to grow to around USD 6.90 billion by 2032.
The global propylene glycol market is expected to grow at a CAGR of 4.57% during the forecast period.
Asia Pacific dominated the propylene glycol market in 2032 and is expected to register the highest CAGR in the future.
Some key players in the global propylene glycol market are The Dow Chemical Company, BASF SE, Archer Daniels Midland Company, LyondellBasell Industries N.V., DuPont Tate & Lyle Bio Products Company, LLC, Global Bio-chem Technology Group Co., Ltd., Huntsman Corporation, SKC Co., Ltd., Temix International S.R.L., and Ineos Oxide, among others.
The global propylene glycol market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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