Global Propylene Glycol Solvent Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Propylene Glycol Solvent Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Propylene Glycol Solvent market size was valued at US$ 3380 million in 2024 and is forecast to a readjusted size of USD 4084 million by 2031 with a CAGR of 3.1% during review period.

Propylene Glycol Solvent, derived from propylene glycol, is a dihydric alcohol, characterized by its colorless, odorless, and slightly viscous nature. It possesses several excellent properties as a solvent, making it highly versatile across various industries. Propylene Glycol Solvent is widely used in the production of paints, cleansers, inks, fingernail polish and removers, and household cleaning agents. Its ability to dissolve a wide range of substances makes it ideal for these applications. In industrial settings, it is commonly utilized as a cleaning fluid, while in the consumer sector, it serves as a key component in personal care products and cosmetics.

The main applications of Propylene Glycol Solvent span several sectors, including industrial cleaning fluids, paints and inks, food processing, the medical field, and personal care products. Among these, industrial cleaning fluid represents the largest segment, accounting for 38% of the total sales share. This is due to its effectiveness in breaking down and removing contaminants, grease, and other substances in industrial environments. The solvent’s role in paint and ink manufacturing is also significant, as it helps improve consistency and performance, ensuring uniform application and durability in various formulations.

Looking forward, the demand for Propylene Glycol Solvent is expected to remain strong, particularly in industrial cleaning applications and personal care products, driven by its safety profile and effectiveness. As industries continue to seek versatile, safe, and environmentally friendly solvents, Propylene Glycol Solvent’s market position will likely strengthen across multiple sectors. Its broad range of uses, coupled with growing environmental and safety concerns, makes it a key player in both industrial and consumer markets.

Propylene Glycol Solvent also plays a significant role in the food processing and medical sectors. In food processing, it is commonly used as a carrier for flavorings, colors, and emulsifiers due to its non-toxic nature and ability to mix well with other ingredients. This makes it an essential component in processed foods, beverages, and certain pharmaceutical formulations. In the medical field, Propylene Glycol Solvent is often used as a base in oral, injectable, and topical medications, as well as in creams and ointments. Its ability to dissolve active ingredients effectively while maintaining a stable composition ensures its widespread use in drug delivery systems.

The growing demand for high-quality solvents in these sensitive industries emphasizes the importance of Propylene Glycol Solvent's safety profile. As regulations around food safety and pharmaceutical formulations tighten, the non-toxic, non-irritating, and stable nature of Propylene Glycol Solvent makes it a preferred choice in these applications, further expanding its reach in the global market.

This report is a detailed and comprehensive analysis for global Propylene Glycol Solvent market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Propylene Glycol Solvent market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Propylene Glycol Solvent market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Propylene Glycol Solvent market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Propylene Glycol Solvent market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Propylene Glycol Solvent

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Propylene Glycol Solvent market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Propylene Glycol Solvent market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hydration
Transesterification
Biosynthesis

Market segment by Application
Industrial Cleaning Fluid
Paint and Ink
Food Processing
Medical Field
Personal Care
Others

Major players covered
Dow
Lyondell Basell
Indorama (Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
Anhui Tongling Jintai
Shandong Shida Shenghua Chemical Co., Ltd.
CNOOC Shell Petrochemical
Haike Xinyuan
Daze Chemical
Depp Technology
Ningbo Zhetie Dafeng Chemical Co., Ltd.

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Propylene Glycol Solvent product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Propylene Glycol Solvent, with price, sales quantity, revenue, and global market share of Propylene Glycol Solvent from 2020 to 2025.

Chapter 3, the Propylene Glycol Solvent competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Propylene Glycol Solvent breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Propylene Glycol Solvent market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Propylene Glycol Solvent.

Chapter 14 and 15, to describe Propylene Glycol Solvent sales channel, distributors, customers, research findings and conclusion.