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Global Food and Pharmaceutical Grade Propylene Glycol Market Research Report 2024

Global Food and Pharmaceutical Grade Propylene Glycol Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1736928

No of Pages : 101

Synopsis
The European authorities responsible for consumer health have approved the use of propylene glycol with food:

In direct food contact regulated by EC Regulation No 1333/2008 on food additives: Propane-1,2-diol (propylene glycol USP/EP) is listed as an approved food additive in Annexes II+III under E1520. Propylene Glycol USP/EP meets the purity criteria for E1520 (propane- 1,2-diol) included Annexes II and III to in EC Regulation No 2012/231, laying down specifications for food additives in Annexes II and III to Regulation No 1333/2008.
In indirect food contact covered by EU Regulation 10/2011 and amendments) relating to plastic materials and articles intended to come into contact with food, such as packaging material.

Propylene Glycol (PG) USP/EP is a pharmaceutical grade of propylene glycols (PG or MPG) with a specified purity greater than 99.8%.
The global Food and Pharmaceutical Grade Propylene Glycol market was valued at US$ 1113.9 million in 2023 and is anticipated to reach US$ 1298.3 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
The key manufacturers of Food and Pharmaceutical Grade Propylene Glycol include Dow, Lyondell Basell, SKC, Shell, ADM, BASF, Repsol, etc. Dow is the world's largest player, with a market share of about 38%.
Europe and the United States are the world's top two markets, accounting for about 23% and 22% of the world market respectively.
Food and Pharmaceutical Grade Propylene Glycol is made by two main methods: Hydration and Transesterification.
In terms of application, it is used in food and beverage, cosmetics and personal care, pharmaceuticals, and other downstream industries.
Cosmetics and personal care industry is the most widely used, accounting for more than 50% of all downstream industries. The next is the food and beverage industry, accounting for about 33%.
This report aims to provide a comprehensive presentation of the global market for Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol.
Report Scope
The Food and Pharmaceutical Grade Propylene Glycol market size, estimations, and forecasts are provided in terms of output/shipments (K Tons) 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 Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade 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
Indorama(Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
CNOOC and Shell Petrochemicals
Haike Xinyuan
Segment by Type
Hydration
Transesterification
Biosynthesis
Segment by Application
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Other
Production by Region
North America
Europe
China
South Korea
Southeast Asia
Consumption by Region
North America
United States
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 Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade 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.
Index
1 Food and Pharmaceutical Grade Propylene Glycol Market Overview
1.1 Product Definition
1.2 Food and Pharmaceutical Grade Propylene Glycol Segment by Type
1.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Hydration
1.2.3 Transesterification
1.2.4 Biosynthesis
1.3 Food and Pharmaceutical Grade Propylene Glycol Segment by Application
1.3.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food and Beverage
1.3.3 Cosmetics and Personal Care
1.3.4 Pharmaceuticals
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Food and Pharmaceutical Grade Propylene Glycol Production Estimates and Forecasts (2019-2030)
1.4.4 Global Food and Pharmaceutical Grade Propylene Glycol Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Market Share by Manufacturers (2019-2024)
2.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Food and Pharmaceutical Grade Propylene Glycol, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Food and Pharmaceutical Grade Propylene Glycol Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Food and Pharmaceutical Grade Propylene Glycol Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Food and Pharmaceutical Grade Propylene Glycol, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Food and Pharmaceutical Grade Propylene Glycol, Product Offered and Application
2.8 Global Key Manufacturers of Food and Pharmaceutical Grade Propylene Glycol, Date of Enter into This Industry
2.9 Food and Pharmaceutical Grade Propylene Glycol Market Competitive Situation and Trends
2.9.1 Food and Pharmaceutical Grade Propylene Glycol Market Concentration Rate
2.9.2 Global 5 and 10 Largest Food and Pharmaceutical Grade Propylene Glycol Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Food and Pharmaceutical Grade Propylene Glycol Production by Region
3.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Region (2019-2030)
3.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Food and Pharmaceutical Grade Propylene Glycol by Region (2025-2030)
3.3 Global Food and Pharmaceutical Grade Propylene Glycol Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Food and Pharmaceutical Grade Propylene Glycol Production by Region (2019-2030)
3.4.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Food and Pharmaceutical Grade Propylene Glycol by Region (2025-2030)
3.5 Global Food and Pharmaceutical Grade Propylene Glycol Market Price Analysis by Region (2019-2024)
3.6 Global Food and Pharmaceutical Grade Propylene Glycol Production and Value, Year-over-Year Growth
3.6.1 North America Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.4 South Korea Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Food and Pharmaceutical Grade Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
4 Food and Pharmaceutical Grade Propylene Glycol Consumption by Region
4.1 Global Food and Pharmaceutical Grade Propylene Glycol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Food and Pharmaceutical Grade Propylene Glycol Consumption by Region (2019-2030)
4.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Consumption by Region (2019-2024)
4.2.2 Global Food and Pharmaceutical Grade Propylene Glycol Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Food and Pharmaceutical Grade Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Food and Pharmaceutical Grade Propylene Glycol Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Food and Pharmaceutical Grade Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Production by Type (2019-2030)
5.1.1 Global Food and Pharmaceutical Grade Propylene Glycol Production by Type (2019-2024)
5.1.2 Global Food and Pharmaceutical Grade Propylene Glycol Production by Type (2025-2030)
5.1.3 Global Food and Pharmaceutical Grade Propylene Glycol Production Market Share by Type (2019-2030)
5.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Type (2019-2030)
5.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Type (2019-2024)
5.2.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Type (2025-2030)
5.2.3 Global Food and Pharmaceutical Grade Propylene Glycol Production Value Market Share by Type (2019-2030)
5.3 Global Food and Pharmaceutical Grade Propylene Glycol Price by Type (2019-2030)
6 Segment by Application
6.1 Global Food and Pharmaceutical Grade Propylene Glycol Production by Application (2019-2030)
6.1.1 Global Food and Pharmaceutical Grade Propylene Glycol Production by Application (2019-2024)
6.1.2 Global Food and Pharmaceutical Grade Propylene Glycol Production by Application (2025-2030)
6.1.3 Global Food and Pharmaceutical Grade Propylene Glycol Production Market Share by Application (2019-2030)
6.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Application (2019-2030)
6.2.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Application (2019-2024)
6.2.2 Global Food and Pharmaceutical Grade Propylene Glycol Production Value by Application (2025-2030)
6.2.3 Global Food and Pharmaceutical Grade Propylene Glycol Production Value Market Share by Application (2019-2030)
6.3 Global Food and Pharmaceutical Grade Propylene Glycol Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Dow
7.1.1 Dow Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.1.2 Dow Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.1.3 Dow Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.2.2 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.2.3 Lyondell Basell Food and Pharmaceutical Grade 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 Indorama(Huntsman)
7.3.1 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.3.2 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.3.3 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Indorama(Huntsman) Main Business and Markets Served
7.3.5 Indorama(Huntsman) Recent Developments/Updates
7.4 ADM
7.4.1 ADM Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.4.2 ADM Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.4.3 ADM Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.5.2 INEOS Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.5.3 INEOS Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.6.2 BASF Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.6.3 BASF Food and Pharmaceutical Grade 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 Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.7.2 Repsol Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.7.3 Repsol Food and Pharmaceutical Grade 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 SKC
7.8.1 SKC Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.8.2 SKC Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.8.3 SKC Food and Pharmaceutical Grade Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.8.4 SKC Main Business and Markets Served
7.7.5 SKC Recent Developments/Updates
7.9 Shell
7.9.1 Shell Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.9.2 Shell Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.9.3 Shell Food and Pharmaceutical Grade Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shell Main Business and Markets Served
7.9.5 Shell Recent Developments/Updates
7.10 CNOOC and Shell Petrochemicals
7.10.1 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.10.2 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.10.3 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.10.4 CNOOC and Shell Petrochemicals Main Business and Markets Served
7.10.5 CNOOC and Shell Petrochemicals Recent Developments/Updates
7.11 Haike Xinyuan
7.11.1 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Corporation Information
7.11.2 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Product Portfolio
7.11.3 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Haike Xinyuan Main Business and Markets Served
7.11.5 Haike Xinyuan Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Food and Pharmaceutical Grade Propylene Glycol Industry Chain Analysis
8.2 Food and Pharmaceutical Grade Propylene Glycol Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Food and Pharmaceutical Grade Propylene Glycol Production Mode & Process
8.4 Food and Pharmaceutical Grade Propylene Glycol Sales and Marketing
8.4.1 Food and Pharmaceutical Grade Propylene Glycol Sales Channels
8.4.2 Food and Pharmaceutical Grade Propylene Glycol Distributors
8.5 Food and Pharmaceutical Grade Propylene Glycol Customers
9 Food and Pharmaceutical Grade Propylene Glycol Market Dynamics
9.1 Food and Pharmaceutical Grade Propylene Glycol Industry Trends
9.2 Food and Pharmaceutical Grade Propylene Glycol Market Drivers
9.3 Food and Pharmaceutical Grade Propylene Glycol Market Challenges
9.4 Food and Pharmaceutical Grade 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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