The global Propylene Glycol Laurate (PG-Laurate) market size is predicted to grow from US$ 46.2 million in 2025 to US$ 69.2 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.
Propylene glycol laurate is ester of propylene glycol and lauric acid, which is a constituent of many vegetable fats, used in skin care cosmetic and pharmaceutical formulations.
Propylene Glycol Laurate (PG-Laurate) is a colorless to slightly yellow oily liquid with excellent emulsification, dispersing, solubilizing and penetrating properties. It has been widely used in many industries, especially in the fields of cosmetics, medicine and food.
Global propylene glycol laurate manufacturers mainly include Lubrizol, NOF CORPORATION, AQIA, CREMER OLEO, Gattefosse, etc.
For applications of Propylene Glycol Laurate (PG-Laurate) Market,Cosmetic is the largest segment with a market share of nearly 68% in 2023. Medicine accounted for about 23% of global market. In terms of region, the largest segment of Propylene Glycol Laurate (PG-Laurate) Market would be Asia Pacific, with a market share of over 49% in 2023. The follower is Europe accounted for nearly 22% of global market.
Market Trends and Prospects
Technological Innovation: With the continuous advancement of technology, the production process of propylene glycol laurate will be continuously optimized, product quality will be further improved, and production costs will gradually decrease.
Environmental protection requirements: With the improvement of environmental awareness and the strictness of relevant regulations, the production of propylene glycol laurate will pay more attention to environmental protection and sustainability. The development of environmentally friendly products such as bio-based propylene glycol laurate will become a new trend in the market.
Market demand: With the vigorous development of industries such as cosmetics, medicine, and food, the demand for propylene glycol laurate will continue to grow. Especially in emerging market countries, as people's living standards improve and consumption concepts change, the demand for high-quality raw materials will become more vigorous.
LP Information, Inc. (LPI) ' newest research report, the “Propylene Glycol Laurate (PG-Laurate) Industry Forecast” looks at past sales and reviews total world Propylene Glycol Laurate (PG-Laurate) sales in 2024, providing a comprehensive analysis by region and market sector of projected Propylene Glycol Laurate (PG-Laurate) sales for 2025 through 2031. With Propylene Glycol Laurate (PG-Laurate) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Propylene Glycol Laurate (PG-Laurate) industry.
This Insight Report provides a comprehensive analysis of the global Propylene Glycol Laurate (PG-Laurate) 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 Propylene Glycol Laurate (PG-Laurate) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Propylene Glycol Laurate (PG-Laurate) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Propylene Glycol Laurate (PG-Laurate) 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 Propylene Glycol Laurate (PG-Laurate).
This report presents a comprehensive overview, market shares, and growth opportunities of Propylene Glycol Laurate (PG-Laurate) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
99%
Above 99%
Segmentation by Application:
Medicine
Cosmetic
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Lakeland Chemicals
Alzo International
CREMER OLEO
ABITEC
NOF Corporation
Gattefosse
Lubrizol Corporation
Aqia Quimica Industrial
TSK Chemical
Jiangsu Four New Interface Agent Science and Technology
Hubei Norna Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Propylene Glycol Laurate (PG-Laurate) market?
What factors are driving Propylene Glycol Laurate (PG-Laurate) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Propylene Glycol Laurate (PG-Laurate) market opportunities vary by end market size?
How does Propylene Glycol Laurate (PG-Laurate) break out by Type, by Application?
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