Global Pharmaceutical and Food Grade Propylene Glycol Market Growth 2023-2029

Global Pharmaceutical and Food Grade Propylene Glycol Market Growth 2023-2029

In food, Propylene Glycol is used to retain food color pigments and provide for homogeneous distribution within the mixture. Propylene glycol USP/EP is approved for use as a food additive under E-number E 1520 (with strict maximum limit of 1 g/kg in human foodstuffs).

LPI (LP Information)' newest research report, the “Pharmaceutical and Food Grade Propylene Glycol Industry Forecast” looks at past sales and reviews total world Pharmaceutical and Food Grade Propylene Glycol sales in 2022, providing a comprehensive analysis by region and market sector of projected Pharmaceutical and Food Grade Propylene Glycol sales for 2023 through 2029. With Pharmaceutical and Food Grade Propylene Glycol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical and Food Grade Propylene Glycol industry.

This Insight Report provides a comprehensive analysis of the global Pharmaceutical and Food Grade Propylene Glycol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pharmaceutical and Food Grade Propylene Glycol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pharmaceutical and Food Grade Propylene Glycol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical and Food Grade Propylene Glycol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pharmaceutical and Food Grade Propylene Glycol.

The global Pharmaceutical and Food Grade Propylene Glycol market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Pharmaceutical and Food Grade Propylene Glycol is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Pharmaceutical and Food Grade Propylene Glycol is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Pharmaceutical and Food Grade Propylene Glycol is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Pharmaceutical and Food Grade Propylene Glycol players cover Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC and Shell, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical and Food Grade Propylene Glycol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hydration Method
Transesterification

Segmentation by application
Pharmaceutical
Food
Cosmetics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dow
Lyondell Basell
Indorama (Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
CNOOC Shell Petrochemical
Haike Xinyuan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pharmaceutical and Food Grade Propylene Glycol market?

What factors are driving Pharmaceutical and Food Grade Propylene Glycol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pharmaceutical and Food Grade Propylene Glycol market opportunities vary by end market size?

How does Pharmaceutical and Food Grade Propylene Glycol break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.