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Global 1,2-Propanediol Market Research Report 2025
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 primary outlet for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are used in surface coatings and glass fiber-reinforced resins. The second-largest consumer is functional fluids such as deicing and antifreeze. 1, 2-Propanediol is also used in plasticizers and hydraulic brake fluids. Other uses are in non-ionic detergents and as a humectant in the pharmaceutical, cosmetics, animal foodstuffs and tobacco industries. It is also an excellent solvent and extractant.
The global 1,2-Propanediol market was valued at US$ 4488 million in 2023 and is anticipated to reach US$ 5805.2 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
Global 1,2-Propanediol key players include Dow, Lyondell Basell, INEOS, BASF, ADM, etc. Global top five manufacturers hold a share over 60%.
EU is the largest market, with a share over 25%, followed by USA and China, both have a share over 35%.
In terms of product, Industrial Grade is the largest segment, with a share about 75%. And in terms of application, the largest application is Unsaturated Polyester Resins (UPR), followed by Cosmetics, Pharmaceutics and Food, etc.
This report aims to provide a comprehensive presentation of the global market for 1,2-Propanediol, 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-Propanediol.
Report Scope
The 1,2-Propanediol 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-Propanediol 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-Propanediol 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
DuPont
Lyondell Basell
Huntsman
INEOS
BASF
ADM
Sumitomo Chemical (Nihon Oxirane)
SKC
Repsol
Asahi Kasei
Shell
Tongling Jintai Chemical
Shandong Shida Shenghua Chemical
CNOOC and Shell Petrochemicals
Hi-tech Spring Chemical
Daze Group
Shandong Depu Chemical
Segment by Type
Industrial Grade
Food Grade
Pharmaceutical Grade
Segment by Application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
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-Propanediol 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-Propanediol 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-Propanediol 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 primary outlet for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are used in surface coatings and glass fiber-reinforced resins. The second-largest consumer is functional fluids such as deicing and antifreeze. 1, 2-Propanediol is also used in plasticizers and hydraulic brake fluids. Other uses are in non-ionic detergents and as a humectant in the pharmaceutical, cosmetics, animal foodstuffs and tobacco industries. It is also an excellent solvent and extractant.
The global 1,2-Propanediol market was valued at US$ 4488 million in 2023 and is anticipated to reach US$ 5805.2 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
Global 1,2-Propanediol key players include Dow, Lyondell Basell, INEOS, BASF, ADM, etc. Global top five manufacturers hold a share over 60%.
EU is the largest market, with a share over 25%, followed by USA and China, both have a share over 35%.
In terms of product, Industrial Grade is the largest segment, with a share about 75%. And in terms of application, the largest application is Unsaturated Polyester Resins (UPR), followed by Cosmetics, Pharmaceutics and Food, etc.
This report aims to provide a comprehensive presentation of the global market for 1,2-Propanediol, 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-Propanediol.
Report Scope
The 1,2-Propanediol 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-Propanediol 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-Propanediol 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
DuPont
Lyondell Basell
Huntsman
INEOS
BASF
ADM
Sumitomo Chemical (Nihon Oxirane)
SKC
Repsol
Asahi Kasei
Shell
Tongling Jintai Chemical
Shandong Shida Shenghua Chemical
CNOOC and Shell Petrochemicals
Hi-tech Spring Chemical
Daze Group
Shandong Depu Chemical
Segment by Type
Industrial Grade
Food Grade
Pharmaceutical Grade
Segment by Application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
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-Propanediol 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-Propanediol 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-Propanediol 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-Propanediol Market Overview
1.1 Product Definition
1.2 1,2-Propanediol Segment by Type
1.2.1 Global 1,2-Propanediol Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Industrial Grade
1.2.3 Food Grade
1.2.4 Pharmaceutical Grade
1.3 1,2-Propanediol Segment by Application
1.3.1 Global 1,2-Propanediol 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
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global 1,2-Propanediol Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global 1,2-Propanediol Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global 1,2-Propanediol Production Estimates and Forecasts (2019-2030)
1.4.4 Global 1,2-Propanediol Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global 1,2-Propanediol Production Market Share by Manufacturers (2019-2024)
2.2 Global 1,2-Propanediol Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of 1,2-Propanediol, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global 1,2-Propanediol Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global 1,2-Propanediol Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of 1,2-Propanediol, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of 1,2-Propanediol, Product Offered and Application
2.8 Global Key Manufacturers of 1,2-Propanediol, Date of Enter into This Industry
2.9 1,2-Propanediol Market Competitive Situation and Trends
2.9.1 1,2-Propanediol Market Concentration Rate
2.9.2 Global 5 and 10 Largest 1,2-Propanediol Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 1,2-Propanediol Production by Region
3.1 Global 1,2-Propanediol Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global 1,2-Propanediol Production Value by Region (2019-2030)
3.2.1 Global 1,2-Propanediol Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of 1,2-Propanediol by Region (2025-2030)
3.3 Global 1,2-Propanediol Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global 1,2-Propanediol Production by Region (2019-2030)
3.4.1 Global 1,2-Propanediol Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of 1,2-Propanediol by Region (2025-2030)
3.5 Global 1,2-Propanediol Market Price Analysis by Region (2019-2024)
3.6 Global 1,2-Propanediol Production and Value, Year-over-Year Growth
3.6.1 North America 1,2-Propanediol Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe 1,2-Propanediol Production Value Estimates and Forecasts (2019-2030)
3.6.3 China 1,2-Propanediol Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan 1,2-Propanediol Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia 1,2-Propanediol Production Value Estimates and Forecasts (2019-2030)
4 1,2-Propanediol Consumption by Region
4.1 Global 1,2-Propanediol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global 1,2-Propanediol Consumption by Region (2019-2030)
4.2.1 Global 1,2-Propanediol Consumption by Region (2019-2024)
4.2.2 Global 1,2-Propanediol Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America 1,2-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America 1,2-Propanediol Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe 1,2-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 1,2-Propanediol 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-Propanediol Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 1,2-Propanediol 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-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa 1,2-Propanediol 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-Propanediol Production by Type (2019-2030)
5.1.1 Global 1,2-Propanediol Production by Type (2019-2024)
5.1.2 Global 1,2-Propanediol Production by Type (2025-2030)
5.1.3 Global 1,2-Propanediol Production Market Share by Type (2019-2030)
5.2 Global 1,2-Propanediol Production Value by Type (2019-2030)
5.2.1 Global 1,2-Propanediol Production Value by Type (2019-2024)
5.2.2 Global 1,2-Propanediol Production Value by Type (2025-2030)
5.2.3 Global 1,2-Propanediol Production Value Market Share by Type (2019-2030)
5.3 Global 1,2-Propanediol Price by Type (2019-2030)
6 Segment by Application
6.1 Global 1,2-Propanediol Production by Application (2019-2030)
6.1.1 Global 1,2-Propanediol Production by Application (2019-2024)
6.1.2 Global 1,2-Propanediol Production by Application (2025-2030)
6.1.3 Global 1,2-Propanediol Production Market Share by Application (2019-2030)
6.2 Global 1,2-Propanediol Production Value by Application (2019-2030)
6.2.1 Global 1,2-Propanediol Production Value by Application (2019-2024)
6.2.2 Global 1,2-Propanediol Production Value by Application (2025-2030)
6.2.3 Global 1,2-Propanediol Production Value Market Share by Application (2019-2030)
6.3 Global 1,2-Propanediol Price by Application (2019-2030)
7 Key Companies Profiled
7.1 DuPont
7.1.1 DuPont 1,2-Propanediol Corporation Information
7.1.2 DuPont 1,2-Propanediol Product Portfolio
7.1.3 DuPont 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.1.4 DuPont Main Business and Markets Served
7.1.5 DuPont Recent Developments/Updates
7.2 Lyondell Basell
7.2.1 Lyondell Basell 1,2-Propanediol Corporation Information
7.2.2 Lyondell Basell 1,2-Propanediol Product Portfolio
7.2.3 Lyondell Basell 1,2-Propanediol 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-Propanediol Corporation Information
7.3.2 Huntsman 1,2-Propanediol Product Portfolio
7.3.3 Huntsman 1,2-Propanediol 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 INEOS
7.4.1 INEOS 1,2-Propanediol Corporation Information
7.4.2 INEOS 1,2-Propanediol Product Portfolio
7.4.3 INEOS 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.4.4 INEOS Main Business and Markets Served
7.4.5 INEOS Recent Developments/Updates
7.5 BASF
7.5.1 BASF 1,2-Propanediol Corporation Information
7.5.2 BASF 1,2-Propanediol Product Portfolio
7.5.3 BASF 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.5.4 BASF Main Business and Markets Served
7.5.5 BASF Recent Developments/Updates
7.6 ADM
7.6.1 ADM 1,2-Propanediol Corporation Information
7.6.2 ADM 1,2-Propanediol Product Portfolio
7.6.3 ADM 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.6.4 ADM Main Business and Markets Served
7.6.5 ADM Recent Developments/Updates
7.7 Sumitomo Chemical (Nihon Oxirane)
7.7.1 Sumitomo Chemical (Nihon Oxirane) 1,2-Propanediol Corporation Information
7.7.2 Sumitomo Chemical (Nihon Oxirane) 1,2-Propanediol Product Portfolio
7.7.3 Sumitomo Chemical (Nihon Oxirane) 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sumitomo Chemical (Nihon Oxirane) Main Business and Markets Served
7.7.5 Sumitomo Chemical (Nihon Oxirane) Recent Developments/Updates
7.8 SKC
7.8.1 SKC 1,2-Propanediol Corporation Information
7.8.2 SKC 1,2-Propanediol Product Portfolio
7.8.3 SKC 1,2-Propanediol 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 Repsol
7.9.1 Repsol 1,2-Propanediol Corporation Information
7.9.2 Repsol 1,2-Propanediol Product Portfolio
7.9.3 Repsol 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Repsol Main Business and Markets Served
7.9.5 Repsol Recent Developments/Updates
7.10 Asahi Kasei
7.10.1 Asahi Kasei 1,2-Propanediol Corporation Information
7.10.2 Asahi Kasei 1,2-Propanediol Product Portfolio
7.10.3 Asahi Kasei 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Asahi Kasei Main Business and Markets Served
7.10.5 Asahi Kasei Recent Developments/Updates
7.11 Shell
7.11.1 Shell 1,2-Propanediol Corporation Information
7.11.2 Shell 1,2-Propanediol Product Portfolio
7.11.3 Shell 1,2-Propanediol 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 Tongling Jintai Chemical
7.12.1 Tongling Jintai Chemical 1,2-Propanediol Corporation Information
7.12.2 Tongling Jintai Chemical 1,2-Propanediol Product Portfolio
7.12.3 Tongling Jintai Chemical 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Tongling Jintai Chemical Main Business and Markets Served
7.12.5 Tongling Jintai Chemical Recent Developments/Updates
7.13 Shandong Shida Shenghua Chemical
7.13.1 Shandong Shida Shenghua Chemical 1,2-Propanediol Corporation Information
7.13.2 Shandong Shida Shenghua Chemical 1,2-Propanediol Product Portfolio
7.13.3 Shandong Shida Shenghua Chemical 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Shandong Shida Shenghua Chemical Main Business and Markets Served
7.13.5 Shandong Shida Shenghua Chemical Recent Developments/Updates
7.14 CNOOC and Shell Petrochemicals
7.14.1 CNOOC and Shell Petrochemicals 1,2-Propanediol Corporation Information
7.14.2 CNOOC and Shell Petrochemicals 1,2-Propanediol Product Portfolio
7.14.3 CNOOC and Shell Petrochemicals 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.14.4 CNOOC and Shell Petrochemicals Main Business and Markets Served
7.14.5 CNOOC and Shell Petrochemicals Recent Developments/Updates
7.15 Hi-tech Spring Chemical
7.15.1 Hi-tech Spring Chemical 1,2-Propanediol Corporation Information
7.15.2 Hi-tech Spring Chemical 1,2-Propanediol Product Portfolio
7.15.3 Hi-tech Spring Chemical 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Hi-tech Spring Chemical Main Business and Markets Served
7.15.5 Hi-tech Spring Chemical Recent Developments/Updates
7.16 Daze Group
7.16.1 Daze Group 1,2-Propanediol Corporation Information
7.16.2 Daze Group 1,2-Propanediol Product Portfolio
7.16.3 Daze Group 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Daze Group Main Business and Markets Served
7.16.5 Daze Group Recent Developments/Updates
7.17 Shandong Depu Chemical
7.17.1 Shandong Depu Chemical 1,2-Propanediol Corporation Information
7.17.2 Shandong Depu Chemical 1,2-Propanediol Product Portfolio
7.17.3 Shandong Depu Chemical 1,2-Propanediol Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Shandong Depu Chemical Main Business and Markets Served
7.17.5 Shandong Depu Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 1,2-Propanediol Industry Chain Analysis
8.2 1,2-Propanediol Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 1,2-Propanediol Production Mode & Process
8.4 1,2-Propanediol Sales and Marketing
8.4.1 1,2-Propanediol Sales Channels
8.4.2 1,2-Propanediol Distributors
8.5 1,2-Propanediol Customers
9 1,2-Propanediol Market Dynamics
9.1 1,2-Propanediol Industry Trends
9.2 1,2-Propanediol Market Drivers
9.3 1,2-Propanediol Market Challenges
9.4 1,2-Propanediol 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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