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Global 1,2-Propylene Glycol Market Research Report 2024
Synopsis
1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
The global 1,2-Propylene Glycol market was valued at US$ 3765.4 million in 2023 and is anticipated to reach US$ 4243 million by 2030, witnessing a CAGR of 1.7% during the forecast period 2024-2030.
Europe is the largest market with about 30% market share. USA is follower, accounting for about 27% market share.
The key players are Dow, Lyondell Basell, Huntsman, ADM, INEOS, BASF, Repsol, Sumitomo Chem, Asahi Kasei, SKC, Shell, Shandong Shida Shenghua, CNOOC & Shell Petrochem, Hi-tech Spring Chem, Daze Group, Shandong Depu Chem etc. Dow is the largest manufacturer with about 28% market share.
This report aims to provide a comprehensive presentation of the global market for 1,2-Propylene Glycol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 1,2-Propylene Glycol.
Report Scope
The 1,2-Propylene Glycol market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global 1,2-Propylene Glycol market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the 1,2-Propylene Glycol manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Dow
Lyondell Basell
Huntsman
ADM
INEOS
BASF
Repsol
Sumitomo Chem
Asahi Kasei
SKC
Shell
Shandong Shida Shenghua
CNOOC & Shell Petrochem
Hi-tech Spring Chem
Daze Group
Shandong Depu Chem
Segment by Type
Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol
Segment by Application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of 1,2-Propylene Glycol manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of 1,2-Propylene Glycol by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of 1,2-Propylene Glycol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
The global 1,2-Propylene Glycol market was valued at US$ 3765.4 million in 2023 and is anticipated to reach US$ 4243 million by 2030, witnessing a CAGR of 1.7% during the forecast period 2024-2030.
Europe is the largest market with about 30% market share. USA is follower, accounting for about 27% market share.
The key players are Dow, Lyondell Basell, Huntsman, ADM, INEOS, BASF, Repsol, Sumitomo Chem, Asahi Kasei, SKC, Shell, Shandong Shida Shenghua, CNOOC & Shell Petrochem, Hi-tech Spring Chem, Daze Group, Shandong Depu Chem etc. Dow is the largest manufacturer with about 28% market share.
This report aims to provide a comprehensive presentation of the global market for 1,2-Propylene Glycol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 1,2-Propylene Glycol.
Report Scope
The 1,2-Propylene Glycol market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global 1,2-Propylene Glycol market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the 1,2-Propylene Glycol manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Dow
Lyondell Basell
Huntsman
ADM
INEOS
BASF
Repsol
Sumitomo Chem
Asahi Kasei
SKC
Shell
Shandong Shida Shenghua
CNOOC & Shell Petrochem
Hi-tech Spring Chem
Daze Group
Shandong Depu Chem
Segment by Type
Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol
Segment by Application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of 1,2-Propylene Glycol manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of 1,2-Propylene Glycol by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of 1,2-Propylene Glycol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 1,2-Propylene Glycol Market Overview
1.1 Product Definition
1.2 1,2-Propylene Glycol Segment by Type
1.2.1 Global 1,2-Propylene Glycol Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Industrial Grade 1,2-Propylene Glycol
1.2.3 Food Grade 1,2-Propylene Glycol
1.2.4 Pharmaceutical Grade 1,2-Propylene Glycol
1.3 1,2-Propylene Glycol Segment by Application
1.3.1 Global 1,2-Propylene Glycol Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Unsaturated Polyester Resins (UPR)
1.3.3 Functional Fluids
1.3.4 Cosmetics, Pharmaceutics and Food
1.3.5 Liquid Detergents
1.4 Global Market Growth Prospects
1.4.1 Global 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global 1,2-Propylene Glycol Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global 1,2-Propylene Glycol Production Estimates and Forecasts (2019-2030)
1.4.4 Global 1,2-Propylene Glycol Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global 1,2-Propylene Glycol Production Market Share by Manufacturers (2019-2024)
2.2 Global 1,2-Propylene Glycol Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of 1,2-Propylene Glycol, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global 1,2-Propylene Glycol Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global 1,2-Propylene Glycol Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of 1,2-Propylene Glycol, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of 1,2-Propylene Glycol, Product Offered and Application
2.8 Global Key Manufacturers of 1,2-Propylene Glycol, Date of Enter into This Industry
2.9 1,2-Propylene Glycol Market Competitive Situation and Trends
2.9.1 1,2-Propylene Glycol Market Concentration Rate
2.9.2 Global 5 and 10 Largest 1,2-Propylene Glycol Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 1,2-Propylene Glycol Production by Region
3.1 Global 1,2-Propylene Glycol Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global 1,2-Propylene Glycol Production Value by Region (2019-2030)
3.2.1 Global 1,2-Propylene Glycol Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of 1,2-Propylene Glycol by Region (2025-2030)
3.3 Global 1,2-Propylene Glycol Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global 1,2-Propylene Glycol Production by Region (2019-2030)
3.4.1 Global 1,2-Propylene Glycol Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of 1,2-Propylene Glycol by Region (2025-2030)
3.5 Global 1,2-Propylene Glycol Market Price Analysis by Region (2019-2024)
3.6 Global 1,2-Propylene Glycol Production and Value, Year-over-Year Growth
3.6.1 North America 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.3 China 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan 1,2-Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
4 1,2-Propylene Glycol Consumption by Region
4.1 Global 1,2-Propylene Glycol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global 1,2-Propylene Glycol Consumption by Region (2019-2030)
4.2.1 Global 1,2-Propylene Glycol Consumption by Region (2019-2024)
4.2.2 Global 1,2-Propylene Glycol Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America 1,2-Propylene Glycol Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 1,2-Propylene Glycol Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific 1,2-Propylene Glycol Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 1,2-Propylene Glycol Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa 1,2-Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa 1,2-Propylene Glycol Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global 1,2-Propylene Glycol Production by Type (2019-2030)
5.1.1 Global 1,2-Propylene Glycol Production by Type (2019-2024)
5.1.2 Global 1,2-Propylene Glycol Production by Type (2025-2030)
5.1.3 Global 1,2-Propylene Glycol Production Market Share by Type (2019-2030)
5.2 Global 1,2-Propylene Glycol Production Value by Type (2019-2030)
5.2.1 Global 1,2-Propylene Glycol Production Value by Type (2019-2024)
5.2.2 Global 1,2-Propylene Glycol Production Value by Type (2025-2030)
5.2.3 Global 1,2-Propylene Glycol Production Value Market Share by Type (2019-2030)
5.3 Global 1,2-Propylene Glycol Price by Type (2019-2030)
6 Segment by Application
6.1 Global 1,2-Propylene Glycol Production by Application (2019-2030)
6.1.1 Global 1,2-Propylene Glycol Production by Application (2019-2024)
6.1.2 Global 1,2-Propylene Glycol Production by Application (2025-2030)
6.1.3 Global 1,2-Propylene Glycol Production Market Share by Application (2019-2030)
6.2 Global 1,2-Propylene Glycol Production Value by Application (2019-2030)
6.2.1 Global 1,2-Propylene Glycol Production Value by Application (2019-2024)
6.2.2 Global 1,2-Propylene Glycol Production Value by Application (2025-2030)
6.2.3 Global 1,2-Propylene Glycol Production Value Market Share by Application (2019-2030)
6.3 Global 1,2-Propylene Glycol Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Dow
7.1.1 Dow 1,2-Propylene Glycol Corporation Information
7.1.2 Dow 1,2-Propylene Glycol Product Portfolio
7.1.3 Dow 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Dow Main Business and Markets Served
7.1.5 Dow Recent Developments/Updates
7.2 Lyondell Basell
7.2.1 Lyondell Basell 1,2-Propylene Glycol Corporation Information
7.2.2 Lyondell Basell 1,2-Propylene Glycol Product Portfolio
7.2.3 Lyondell Basell 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Lyondell Basell Main Business and Markets Served
7.2.5 Lyondell Basell Recent Developments/Updates
7.3 Huntsman
7.3.1 Huntsman 1,2-Propylene Glycol Corporation Information
7.3.2 Huntsman 1,2-Propylene Glycol Product Portfolio
7.3.3 Huntsman 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Huntsman Main Business and Markets Served
7.3.5 Huntsman Recent Developments/Updates
7.4 ADM
7.4.1 ADM 1,2-Propylene Glycol Corporation Information
7.4.2 ADM 1,2-Propylene Glycol Product Portfolio
7.4.3 ADM 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ADM Main Business and Markets Served
7.4.5 ADM Recent Developments/Updates
7.5 INEOS
7.5.1 INEOS 1,2-Propylene Glycol Corporation Information
7.5.2 INEOS 1,2-Propylene Glycol Product Portfolio
7.5.3 INEOS 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.5.4 INEOS Main Business and Markets Served
7.5.5 INEOS Recent Developments/Updates
7.6 BASF
7.6.1 BASF 1,2-Propylene Glycol Corporation Information
7.6.2 BASF 1,2-Propylene Glycol Product Portfolio
7.6.3 BASF 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BASF Main Business and Markets Served
7.6.5 BASF Recent Developments/Updates
7.7 Repsol
7.7.1 Repsol 1,2-Propylene Glycol Corporation Information
7.7.2 Repsol 1,2-Propylene Glycol Product Portfolio
7.7.3 Repsol 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Repsol Main Business and Markets Served
7.7.5 Repsol Recent Developments/Updates
7.8 Sumitomo Chem
7.8.1 Sumitomo Chem 1,2-Propylene Glycol Corporation Information
7.8.2 Sumitomo Chem 1,2-Propylene Glycol Product Portfolio
7.8.3 Sumitomo Chem 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Sumitomo Chem Main Business and Markets Served
7.7.5 Sumitomo Chem Recent Developments/Updates
7.9 Asahi Kasei
7.9.1 Asahi Kasei 1,2-Propylene Glycol Corporation Information
7.9.2 Asahi Kasei 1,2-Propylene Glycol Product Portfolio
7.9.3 Asahi Kasei 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Asahi Kasei Main Business and Markets Served
7.9.5 Asahi Kasei Recent Developments/Updates
7.10 SKC
7.10.1 SKC 1,2-Propylene Glycol Corporation Information
7.10.2 SKC 1,2-Propylene Glycol Product Portfolio
7.10.3 SKC 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.10.4 SKC Main Business and Markets Served
7.10.5 SKC Recent Developments/Updates
7.11 Shell
7.11.1 Shell 1,2-Propylene Glycol Corporation Information
7.11.2 Shell 1,2-Propylene Glycol Product Portfolio
7.11.3 Shell 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shell Main Business and Markets Served
7.11.5 Shell Recent Developments/Updates
7.12 Shandong Shida Shenghua
7.12.1 Shandong Shida Shenghua 1,2-Propylene Glycol Corporation Information
7.12.2 Shandong Shida Shenghua 1,2-Propylene Glycol Product Portfolio
7.12.3 Shandong Shida Shenghua 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Shandong Shida Shenghua Main Business and Markets Served
7.12.5 Shandong Shida Shenghua Recent Developments/Updates
7.13 CNOOC & Shell Petrochem
7.13.1 CNOOC & Shell Petrochem 1,2-Propylene Glycol Corporation Information
7.13.2 CNOOC & Shell Petrochem 1,2-Propylene Glycol Product Portfolio
7.13.3 CNOOC & Shell Petrochem 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.13.4 CNOOC & Shell Petrochem Main Business and Markets Served
7.13.5 CNOOC & Shell Petrochem Recent Developments/Updates
7.14 Hi-tech Spring Chem
7.14.1 Hi-tech Spring Chem 1,2-Propylene Glycol Corporation Information
7.14.2 Hi-tech Spring Chem 1,2-Propylene Glycol Product Portfolio
7.14.3 Hi-tech Spring Chem 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Hi-tech Spring Chem Main Business and Markets Served
7.14.5 Hi-tech Spring Chem Recent Developments/Updates
7.15 Daze Group
7.15.1 Daze Group 1,2-Propylene Glycol Corporation Information
7.15.2 Daze Group 1,2-Propylene Glycol Product Portfolio
7.15.3 Daze Group 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Daze Group Main Business and Markets Served
7.15.5 Daze Group Recent Developments/Updates
7.16 Shandong Depu Chem
7.16.1 Shandong Depu Chem 1,2-Propylene Glycol Corporation Information
7.16.2 Shandong Depu Chem 1,2-Propylene Glycol Product Portfolio
7.16.3 Shandong Depu Chem 1,2-Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Shandong Depu Chem Main Business and Markets Served
7.16.5 Shandong Depu Chem Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 1,2-Propylene Glycol Industry Chain Analysis
8.2 1,2-Propylene Glycol Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 1,2-Propylene Glycol Production Mode & Process
8.4 1,2-Propylene Glycol Sales and Marketing
8.4.1 1,2-Propylene Glycol Sales Channels
8.4.2 1,2-Propylene Glycol Distributors
8.5 1,2-Propylene Glycol Customers
9 1,2-Propylene Glycol Market Dynamics
9.1 1,2-Propylene Glycol Industry Trends
9.2 1,2-Propylene Glycol Market Drivers
9.3 1,2-Propylene Glycol Market Challenges
9.4 1,2-Propylene Glycol Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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