1,2-Propylene Glycol Industry Research Report 2024

1,2-Propylene Glycol Industry Research Report 2024


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.

Highlights

The global 1,2-Propylene Glycol market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
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.

Report Scope

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.
The 1,2-Propylene Glycol market size, estimations, and forecasts are provided in terms of output/shipments (K MT) 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 1,2-Propylene Glycol market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
The report will help the 1,2-Propylene Glycol manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

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:

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

Product Type Insights

Global markets are presented by 1,2-Propylene Glycol type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the 1,2-Propylene Glycol are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
1,2-Propylene Glycol segment by Type

Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the 1,2-Propylene Glycol market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the 1,2-Propylene Glycol market.
1,2-Propylene Glycol segment by Application

Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

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.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the 1,2-Propylene Glycol market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

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 1,2-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.
This report will help stakeholders to understand the global industry status and trends of 1,2-Propylene Glycol and provides them with information on key market drivers, restraints, challenges, and opportunities.
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.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the 1,2-Propylene Glycol industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of 1,2-Propylene Glycol.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of 1,2-Propylene Glycol manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of 1,2-Propylene Glycol by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption 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, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 1,2-Propylene Glycol by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Industrial Grade 1,2-Propylene Glycol
1.2.3 Food Grade 1,2-Propylene Glycol
1.2.4 Pharmaceutical Grade 1,2-Propylene Glycol
2.3 1,2-Propylene Glycol by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Unsaturated Polyester Resins (UPR)
2.3.3 Functional Fluids
2.3.4 Cosmetics, Pharmaceutics and Food
2.3.5 Liquid Detergents
2.4 Global Market Growth Prospects
2.4.1 Global 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global 1,2-Propylene Glycol Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global 1,2-Propylene Glycol Production Estimates and Forecasts (2019-2030)
2.4.4 Global 1,2-Propylene Glycol Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global 1,2-Propylene Glycol Production by Manufacturers (2019-2024)
3.2 Global 1,2-Propylene Glycol Production Value by Manufacturers (2019-2024)
3.3 Global 1,2-Propylene Glycol Average Price by Manufacturers (2019-2024)
3.4 Global 1,2-Propylene Glycol Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global 1,2-Propylene Glycol Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global 1,2-Propylene Glycol Manufacturers, Product Type & Application
3.7 Global 1,2-Propylene Glycol Manufacturers, Date of Enter into This Industry
3.8 Global 1,2-Propylene Glycol Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Dow
4.1.1 Dow 1,2-Propylene Glycol Company Information
4.1.2 Dow 1,2-Propylene Glycol Business Overview
4.1.3 Dow 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 Dow Product Portfolio
4.1.5 Dow Recent Developments
4.2 Lyondell Basell
4.2.1 Lyondell Basell 1,2-Propylene Glycol Company Information
4.2.2 Lyondell Basell 1,2-Propylene Glycol Business Overview
4.2.3 Lyondell Basell 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Lyondell Basell Product Portfolio
4.2.5 Lyondell Basell Recent Developments
4.3 Huntsman
4.3.1 Huntsman 1,2-Propylene Glycol Company Information
4.3.2 Huntsman 1,2-Propylene Glycol Business Overview
4.3.3 Huntsman 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Huntsman Product Portfolio
4.3.5 Huntsman Recent Developments
4.4 ADM
4.4.1 ADM 1,2-Propylene Glycol Company Information
4.4.2 ADM 1,2-Propylene Glycol Business Overview
4.4.3 ADM 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 ADM Product Portfolio
4.4.5 ADM Recent Developments
4.5 INEOS
4.5.1 INEOS 1,2-Propylene Glycol Company Information
4.5.2 INEOS 1,2-Propylene Glycol Business Overview
4.5.3 INEOS 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 INEOS Product Portfolio
4.5.5 INEOS Recent Developments
4.6 BASF
4.6.1 BASF 1,2-Propylene Glycol Company Information
4.6.2 BASF 1,2-Propylene Glycol Business Overview
4.6.3 BASF 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 BASF Product Portfolio
4.6.5 BASF Recent Developments
4.7 Repsol
4.7.1 Repsol 1,2-Propylene Glycol Company Information
4.7.2 Repsol 1,2-Propylene Glycol Business Overview
4.7.3 Repsol 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Repsol Product Portfolio
4.7.5 Repsol Recent Developments
4.8 Sumitomo Chem
4.8.1 Sumitomo Chem 1,2-Propylene Glycol Company Information
4.8.2 Sumitomo Chem 1,2-Propylene Glycol Business Overview
4.8.3 Sumitomo Chem 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Sumitomo Chem Product Portfolio
4.8.5 Sumitomo Chem Recent Developments
4.9 Asahi Kasei
4.9.1 Asahi Kasei 1,2-Propylene Glycol Company Information
4.9.2 Asahi Kasei 1,2-Propylene Glycol Business Overview
4.9.3 Asahi Kasei 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Asahi Kasei Product Portfolio
4.9.5 Asahi Kasei Recent Developments
4.10 SKC
4.10.1 SKC 1,2-Propylene Glycol Company Information
4.10.2 SKC 1,2-Propylene Glycol Business Overview
4.10.3 SKC 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 SKC Product Portfolio
4.10.5 SKC Recent Developments
7.11 Shell
7.11.1 Shell 1,2-Propylene Glycol Company Information
7.11.2 Shell 1,2-Propylene Glycol Business Overview
4.11.3 Shell 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
7.11.4 Shell Product Portfolio
7.11.5 Shell Recent Developments
7.12 Shandong Shida Shenghua
7.12.1 Shandong Shida Shenghua 1,2-Propylene Glycol Company Information
7.12.2 Shandong Shida Shenghua 1,2-Propylene Glycol Business Overview
7.12.3 Shandong Shida Shenghua 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
7.12.4 Shandong Shida Shenghua Product Portfolio
7.12.5 Shandong Shida Shenghua Recent Developments
7.13 CNOOC & Shell Petrochem
7.13.1 CNOOC & Shell Petrochem 1,2-Propylene Glycol Company Information
7.13.2 CNOOC & Shell Petrochem 1,2-Propylene Glycol Business Overview
7.13.3 CNOOC & Shell Petrochem 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
7.13.4 CNOOC & Shell Petrochem Product Portfolio
7.13.5 CNOOC & Shell Petrochem Recent Developments
7.14 Hi-tech Spring Chem
7.14.1 Hi-tech Spring Chem 1,2-Propylene Glycol Company Information
7.14.2 Hi-tech Spring Chem 1,2-Propylene Glycol Business Overview
7.14.3 Hi-tech Spring Chem 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
7.14.4 Hi-tech Spring Chem Product Portfolio
7.14.5 Hi-tech Spring Chem Recent Developments
7.15 Daze Group
7.15.1 Daze Group 1,2-Propylene Glycol Company Information
7.15.2 Daze Group 1,2-Propylene Glycol Business Overview
7.15.3 Daze Group 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
7.15.4 Daze Group Product Portfolio
7.15.5 Daze Group Recent Developments
7.16 Shandong Depu Chem
7.16.1 Shandong Depu Chem 1,2-Propylene Glycol Company Information
7.16.2 Shandong Depu Chem 1,2-Propylene Glycol Business Overview
7.16.3 Shandong Depu Chem 1,2-Propylene Glycol Production Capacity, Value and Gross Margin (2019-2024)
7.16.4 Shandong Depu Chem Product Portfolio
7.16.5 Shandong Depu Chem Recent Developments
5 Global 1,2-Propylene Glycol Production by Region
5.1 Global 1,2-Propylene Glycol Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global 1,2-Propylene Glycol Production by Region: 2019-2030
5.2.1 Global 1,2-Propylene Glycol Production by Region: 2019-2024
5.2.2 Global 1,2-Propylene Glycol Production Forecast by Region (2025-2030)
5.3 Global 1,2-Propylene Glycol Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global 1,2-Propylene Glycol Production Value by Region: 2019-2030
5.4.1 Global 1,2-Propylene Glycol Production Value by Region: 2019-2024
5.4.2 Global 1,2-Propylene Glycol Production Value Forecast by Region (2025-2030)
5.5 Global 1,2-Propylene Glycol Market Price Analysis by Region (2019-2024)
5.6 Global 1,2-Propylene Glycol Production and Value, YOY Growth
5.6.1 North America 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
5.6.3 China 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
6 Global 1,2-Propylene Glycol Consumption by Region
6.1 Global 1,2-Propylene Glycol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global 1,2-Propylene Glycol Consumption by Region (2019-2030)
6.2.1 Global 1,2-Propylene Glycol Consumption by Region: 2019-2030
6.2.2 Global 1,2-Propylene Glycol Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America 1,2-Propylene Glycol Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe 1,2-Propylene Glycol Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific 1,2-Propylene Glycol Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa 1,2-Propylene Glycol Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global 1,2-Propylene Glycol Production by Type (2019-2030)
7.1.1 Global 1,2-Propylene Glycol Production by Type (2019-2030) & (K MT)
7.1.2 Global 1,2-Propylene Glycol Production Market Share by Type (2019-2030)
7.2 Global 1,2-Propylene Glycol Production Value by Type (2019-2030)
7.2.1 Global 1,2-Propylene Glycol Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global 1,2-Propylene Glycol Production Value Market Share by Type (2019-2030)
7.3 Global 1,2-Propylene Glycol Price by Type (2019-2030)
8 Segment by Application
8.1 Global 1,2-Propylene Glycol Production by Application (2019-2030)
8.1.1 Global 1,2-Propylene Glycol Production by Application (2019-2030) & (K MT)
8.1.2 Global 1,2-Propylene Glycol Production by Application (2019-2030) & (K MT)
8.2 Global 1,2-Propylene Glycol Production Value by Application (2019-2030)
8.2.1 Global 1,2-Propylene Glycol Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global 1,2-Propylene Glycol Production Value Market Share by Application (2019-2030)
8.3 Global 1,2-Propylene Glycol Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 1,2-Propylene Glycol Value Chain Analysis
9.1.1 1,2-Propylene Glycol Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 1,2-Propylene Glycol Production Mode & Process
9.2 1,2-Propylene Glycol Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 1,2-Propylene Glycol Distributors
9.2.3 1,2-Propylene Glycol Customers
10 Global 1,2-Propylene Glycol Analyzing Market Dynamics
10.1 1,2-Propylene Glycol Industry Trends
10.2 1,2-Propylene Glycol Industry Drivers
10.3 1,2-Propylene Glycol Industry Opportunities and Challenges
10.4 1,2-Propylene Glycol Industry Restraints
11 Report Conclusion
12 Disclaimer

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