Global Poly Propylene Glycol Market Growth 2023-2029
Polypropylene glycol or polypropylene oxide is the polymer of propylene glycol. Chemically it is a polyether. The term polypropylene glycol or PPG is reserved for low to medium range molar mass polymer when the nature of the end-group, which is usually a hydroxyl group, still matters. The term "oxide" is used for high molar mass polymer when end-groups no longer affect polymer properties.
LPI (LP Information)' newest research report, the “Poly Propylene Glycol Industry Forecast” looks at past sales and reviews total world Poly Propylene Glycol sales in 2022, providing a comprehensive analysis by region and market sector of projected Poly Propylene Glycol sales for 2023 through 2029. With Poly Propylene Glycol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Poly Propylene Glycol industry.
This Insight Report provides a comprehensive analysis of the global Poly 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 Poly Propylene Glycol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Poly Propylene Glycol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Poly 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 Poly Propylene Glycol.
The global Poly Propylene Glycol market size is projected to grow from US$ 1714.2 million in 2022 to US$ 2139.4 million in 2029; it is expected to grow at a CAGR of 2139.4 from 2023 to 2029.
Poly Propylene Glycol are mainly classified into the following types: PPG Average Mn ~200-1500, PPG Average Mn ~1500-3000, PPG Average Mn above 3000. PPG Average Mn ~200-1500 is the most widely used type which takes up about 50% of the total Production.
Poly Propylene Glycol have wide range of applications, such as Intermediate, Solvent, Skin Care and Cosmetics etc. And Intermediate was the most widely used area which took up about 57% of the global total.
Asia Pacific is the largest region of Poly Propylene Glycol in the world in the past few years and it will keep increasing in the next few years. Asia Pacific market took up about 57% the global consumption market, while Europe and North America were about 22%, 15%.
KKPC, Mitsui Chemical, BASF, Dow, AGC, etc. are the key suppliers in the global Poly Propylene Glycol market. Top 5 took up more than 57% of the global market in 2018. KKPC, Mitsui Chemical, BASF etc. which have leading technology and market position, are well-known suppliers around the world.
This report presents a comprehensive overview, market shares, and growth opportunities of Poly Propylene Glycol market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
PPG Average Mn ~200-1500
PPG Average Mn ~1500-3000
PPG Average Mn above 3000
Segmentation by application
Intermediate
Solvent
Skin Care and Cosmetics
Others
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.
KKPC
Mitsui Chemical
BASF
Dow
AGC
Shell
Covestro
Ineos
Sanyo Chemical
Jiangsu Haian Petrochemical
Zhejiang Huangma
Zibo Yunchuan Chemical
Sungda Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Poly Propylene Glycol market?
What factors are driving Poly Propylene Glycol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Poly Propylene Glycol market opportunities vary by end market size?
How does Poly 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.
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