Global Food and Pharmaceutical Grade Propylene Glycol Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Food and Pharmaceutical Grade Propylene Glycol Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

According to APO Research, The global Food and Pharmaceutical Grade Propylene Glycol market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Food and Pharmaceutical Grade Propylene Glycol is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Food and Pharmaceutical Grade Propylene Glycol is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Food and Pharmaceutical Grade Propylene Glycol is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Food and Pharmaceutical Grade Propylene Glycol include ADM, Indorama(Huntsman), INEOS, Lyondell Basell, Repsol, BASF, CNOOC and Shell Petrochemicals, Dow and SKC, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol.

The Food and Pharmaceutical Grade Propylene Glycol market size, estimations, and forecasts are provided in terms of sales volume (K Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Food and Pharmaceutical Grade Propylene Glycol market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

ADM
Indorama(Huntsman)
INEOS
Lyondell Basell
Repsol
BASF
CNOOC and Shell Petrochemicals
Dow
SKC
Shell
Haike Xinyuan

Food and Pharmaceutical Grade Propylene Glycol segment by Type

Transesterification
Hydration
Biosynthesis

Food and Pharmaceutical Grade Propylene Glycol segment by Application

Cosmetics and Personal Care
Food and Beverage
Pharmaceuticals
Other

Food and Pharmaceutical Grade Propylene Glycol Segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Food and Pharmaceutical Grade Propylene Glycol market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Food and Pharmaceutical Grade Propylene Glycol and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Food and Pharmaceutical Grade Propylene Glycol.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Food and Pharmaceutical Grade Propylene Glycol manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Food and Pharmaceutical Grade Propylene Glycol in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Food and Pharmaceutical Grade Propylene Glycol Sales Estimates and Forecasts (2019-2030)
1.3 Food and Pharmaceutical Grade Propylene Glycol Market by Type
1.3.1 Transesterification
1.3.2 Hydration
1.3.3 Biosynthesis
1.4 Global Food and Pharmaceutical Grade Propylene Glycol Market Size by Type
1.4.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Size Overview by Type (2019-2030)
1.4.2 Global Food and Pharmaceutical Grade Propylene Glycol Historic Market Size Review by Type (2019-2024)
1.4.3 Global Food and Pharmaceutical Grade Propylene Glycol Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Type (2019-2024)
1.5.2 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Food and Pharmaceutical Grade Propylene Glycol Industry Trends
2.2 Food and Pharmaceutical Grade Propylene Glycol Industry Drivers
2.3 Food and Pharmaceutical Grade Propylene Glycol Industry Opportunities and Challenges
2.4 Food and Pharmaceutical Grade Propylene Glycol Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Food and Pharmaceutical Grade Propylene Glycol Revenue (2019-2024)
3.2 Global Top Players by Food and Pharmaceutical Grade Propylene Glycol Sales (2019-2024)
3.3 Global Top Players by Food and Pharmaceutical Grade Propylene Glycol Price (2019-2024)
3.4 Global Food and Pharmaceutical Grade Propylene Glycol Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Food and Pharmaceutical Grade Propylene Glycol Key Company Manufacturing Sites & Headquarters
3.6 Global Food and Pharmaceutical Grade Propylene Glycol Company, Product Type & Application
3.7 Global Food and Pharmaceutical Grade Propylene Glycol Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Food and Pharmaceutical Grade Propylene Glycol Market CR5 and HHI
3.8.2 Global Top 5 and 10 Food and Pharmaceutical Grade Propylene Glycol Players Market Share by Revenue in 2023
3.8.3 2023 Food and Pharmaceutical Grade Propylene Glycol Tier 1, Tier 2, and Tier 3
4 Food and Pharmaceutical Grade Propylene Glycol Regional Status and Outlook
4.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Food and Pharmaceutical Grade Propylene Glycol Historic Market Size by Region
4.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Sales in Volume by Region (2019-2024)
4.2.2 Global Food and Pharmaceutical Grade Propylene Glycol Sales in Value by Region (2019-2024)
4.2.3 Global Food and Pharmaceutical Grade Propylene Glycol Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Food and Pharmaceutical Grade Propylene Glycol Forecasted Market Size by Region
4.3.1 Global Food and Pharmaceutical Grade Propylene Glycol Sales in Volume by Region (2025-2030)
4.3.2 Global Food and Pharmaceutical Grade Propylene Glycol Sales in Value by Region (2025-2030)
4.3.3 Global Food and Pharmaceutical Grade Propylene Glycol Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Food and Pharmaceutical Grade Propylene Glycol by Application
5.1 Food and Pharmaceutical Grade Propylene Glycol Market by Application
5.1.1 Cosmetics and Personal Care
5.1.2 Food and Beverage
5.1.3 Pharmaceuticals
5.1.4 Other
5.2 Global Food and Pharmaceutical Grade Propylene Glycol Market Size by Application
5.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Size Overview by Application (2019-2030)
5.2.2 Global Food and Pharmaceutical Grade Propylene Glycol Historic Market Size Review by Application (2019-2024)
5.2.3 Global Food and Pharmaceutical Grade Propylene Glycol Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Application (2019-2024)
5.3.2 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 ADM
6.1.1 ADM Comapny Information
6.1.2 ADM Business Overview
6.1.3 ADM Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.1.4 ADM Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.1.5 ADM Recent Developments
6.2 Indorama(Huntsman)
6.2.1 Indorama(Huntsman) Comapny Information
6.2.2 Indorama(Huntsman) Business Overview
6.2.3 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.2.5 Indorama(Huntsman) Recent Developments
6.3 INEOS
6.3.1 INEOS Comapny Information
6.3.2 INEOS Business Overview
6.3.3 INEOS Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.3.4 INEOS Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.3.5 INEOS Recent Developments
6.4 Lyondell Basell
6.4.1 Lyondell Basell Comapny Information
6.4.2 Lyondell Basell Business Overview
6.4.3 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.4.5 Lyondell Basell Recent Developments
6.5 Repsol
6.5.1 Repsol Comapny Information
6.5.2 Repsol Business Overview
6.5.3 Repsol Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Repsol Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.5.5 Repsol Recent Developments
6.6 BASF
6.6.1 BASF Comapny Information
6.6.2 BASF Business Overview
6.6.3 BASF Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.6.4 BASF Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.6.5 BASF Recent Developments
6.7 CNOOC and Shell Petrochemicals
6.7.1 CNOOC and Shell Petrochemicals Comapny Information
6.7.2 CNOOC and Shell Petrochemicals Business Overview
6.7.3 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.7.4 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.7.5 CNOOC and Shell Petrochemicals Recent Developments
6.8 Dow
6.8.1 Dow Comapny Information
6.8.2 Dow Business Overview
6.8.3 Dow Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Dow Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.8.5 Dow Recent Developments
6.9 SKC
6.9.1 SKC Comapny Information
6.9.2 SKC Business Overview
6.9.3 SKC Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.9.4 SKC Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.9.5 SKC Recent Developments
6.10 Shell
6.10.1 Shell Comapny Information
6.10.2 Shell Business Overview
6.10.3 Shell Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Shell Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.10.5 Shell Recent Developments
6.11 Haike Xinyuan
6.11.1 Haike Xinyuan Comapny Information
6.11.2 Haike Xinyuan Business Overview
6.11.3 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
6.11.5 Haike Xinyuan Recent Developments
7 North America by Country
7.1 North America Food and Pharmaceutical Grade Propylene Glycol Sales by Country
7.1.1 North America Food and Pharmaceutical Grade Propylene Glycol Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Food and Pharmaceutical Grade Propylene Glycol Sales by Country (2019-2024)
7.1.3 North America Food and Pharmaceutical Grade Propylene Glycol Sales Forecast by Country (2025-2030)
7.2 North America Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
7.2.1 North America Food and Pharmaceutical Grade Propylene Glycol Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Food and Pharmaceutical Grade Propylene Glycol Market Size by Country (2019-2024)
7.2.3 North America Food and Pharmaceutical Grade Propylene Glycol Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Food and Pharmaceutical Grade Propylene Glycol Sales by Country
8.1.1 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Food and Pharmaceutical Grade Propylene Glycol Sales by Country (2019-2024)
8.1.3 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Forecast by Country (2025-2030)
8.2 Europe Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
8.2.1 Europe Food and Pharmaceutical Grade Propylene Glycol Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Food and Pharmaceutical Grade Propylene Glycol Market Size by Country (2019-2024)
8.2.3 Europe Food and Pharmaceutical Grade Propylene Glycol Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales by Country
9.1.1 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales by Country (2019-2024)
9.1.3 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
9.2.1 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Food and Pharmaceutical Grade Propylene Glycol Sales by Country
10.1.1 Latin America Food and Pharmaceutical Grade Propylene Glycol Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Food and Pharmaceutical Grade Propylene Glycol Sales by Country (2019-2024)
10.1.3 Latin America Food and Pharmaceutical Grade Propylene Glycol Sales Forecast by Country (2025-2030)
10.2 Latin America Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
10.2.1 Latin America Food and Pharmaceutical Grade Propylene Glycol Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Food and Pharmaceutical Grade Propylene Glycol Market Size by Country (2019-2024)
10.2.3 Latin America Food and Pharmaceutical Grade Propylene Glycol Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Sales by Country
11.1.1 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Sales by Country (2019-2024)
11.1.3 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
11.2.1 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Food and Pharmaceutical Grade Propylene Glycol Value Chain Analysis
12.1.1 Food and Pharmaceutical Grade Propylene Glycol Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Food and Pharmaceutical Grade Propylene Glycol Production Mode & Process
12.2 Food and Pharmaceutical Grade Propylene Glycol Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Food and Pharmaceutical Grade Propylene Glycol Distributors
12.2.3 Food and Pharmaceutical Grade Propylene Glycol Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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