Global 1,2-Propandiol Market Growth 2023-2029

Global 1,2-Propandiol Market Growth 2023-2029

1,2-Propanediol is an organic compound with the chemical formula c3h8o2,which is miscible with water,ethanol and various organic solvents.Under normal conditions,it is a colorless viscous liquid,almost odorless, and smells slightly sweet.

LPI (LP Information)' newest research report, the “1,2-Propandiol Industry Forecast” looks at past sales and reviews total world 1,2-Propandiol sales in 2022, providing a comprehensive analysis by region and market sector of projected 1,2-Propandiol sales for 2023 through 2029. With 1,2-Propandiol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 1,2-Propandiol industry.

This Insight Report provides a comprehensive analysis of the global 1,2-Propandiol 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 1,2-Propandiol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 1,2-Propandiol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 1,2-Propandiol 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 1,2-Propandiol.

The global 1,2-Propandiol market size is projected to grow from US$ 5878.1 million in 2022 to US$ 6241.7 million in 2029; it is expected to grow at a CAGR of 6241.7 from 2023 to 2029.

Dow is one of the most important global manufacturers of 1,2-propandiol, holds a share of 30%, other key manufacturers include lyondell Basell and Indorama(Huntsman). North America is the largest 1,2-propanediol market with a 25% share. Among them, Industrial 1,2-Propanediol type is the largest segment, with a share of more than 75%. And in terms of application, the unsaturated polyester resin (UPR) segment holds a share of about 35%.

This report presents a comprehensive overview, market shares, and growth opportunities of 1,2-Propandiol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Industrial Grade
Food & Pharma Grade

Segmentation by application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
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.
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
Shaanxi Yulin Yunhua Green Energy
Ningbo Zhetie Dafeng Chemical Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global 1,2-Propandiol market?

What factors are driving 1,2-Propandiol market growth, globally and by region?

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

How do 1,2-Propandiol market opportunities vary by end market size?

How does 1,2-Propandiol 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.