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Global Propylene Glycol Market Research Report 2024

Global Propylene Glycol Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1413552

No of Pages : 133

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Synopsis

Propylene Glycol is a synthetic organic compound with the chemical formula C3H8O2. It is a viscous, colorless liquid which is nearly odorless but possesses a faintly sweet taste. Chemically it is classed as a diol and is miscible with a broad range of solvents, including water, acetone, and chloroform.

The global Propylene Glycol market was valued at US$ 4429.8 million in 2023 and is anticipated to reach US$ 7725.7 million by 2030, witnessing a CAGR of 7.8% during the forecast period 2024-2030.

North American market for Propylene Glycol is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Propylene Glycol is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of Propylene Glycol include ADM, BASF, DOW, Global Bio-Chem Technology, Lyondellbasell, Huntsman, SKC, Shell and Temix International, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for 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 Propylene Glycol.

Report Scope

The Propylene Glycol market size, estimations, and forecasts are provided in terms of output/shipments (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 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 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.

By Company

  • ADM
  • BASF
  • DOW
  • Global Bio-Chem Technology
  • Lyondellbasell
  • Huntsman
  • SKC
  • Shell
  • Temix International
  • Ineos Oxide
  • AGC
  • Adeka
  • Manali Petrochemicals
  • Qingdao Shida Chemical
  • Tongling Jintai Chemical Industrial
  • Dongying Hi-Tech Spring Chemical Industrial
  • Shandong Depu Chemical Industry Science and Technology
  • Chaoyang Chemicals
  • Oleon
  • Golden Dyechem
  • Haike Chemical
  • Helm
  • Oxyde Belgium
  • Arrow Chemical
  • TRI Chemicals

Segment by Type
    By Source

  • Petroleum Propylene Glycol
  • Bio-Based Propylene Glycol

    By Grade

  • Industrial Grade
  • Pharmaceutical Grade
  • Other

Segment by Application

  • Transportation
  • Building & Construction
  • Food & Beverage
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Others

Production by Region

  • North America
  • Europe
  • China
  • Japan

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

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 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 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 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 Propylene Glycol Market Overview
1.1 Product Definition
1.2 Propylene Glycol Segment By Source
1.2.1 Global Propylene Glycol Market Value Growth Rate Analysis By Source 2023 VS 2030
1.2.2 Petroleum Propylene Glycol
1.2.3 Bio-Based Propylene Glycol
1.3 Propylene Glycol Segment by Application
1.3.1 Global Propylene Glycol Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Transportation
1.3.3 Building & Construction
1.3.4 Food & Beverage
1.3.5 Pharmaceuticals
1.3.6 Cosmetics & Personal Care
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Propylene Glycol Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Propylene Glycol Production Estimates and Forecasts (2019-2030)
1.4.4 Global Propylene Glycol Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Propylene Glycol Production Market Share by Manufacturers (2019-2024)
2.2 Global Propylene Glycol Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Propylene Glycol, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Propylene Glycol Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Propylene Glycol Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Propylene Glycol, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Propylene Glycol, Product Offered and Application
2.8 Global Key Manufacturers of Propylene Glycol, Date of Enter into This Industry
2.9 Propylene Glycol Market Competitive Situation and Trends
2.9.1 Propylene Glycol Market Concentration Rate
2.9.2 Global 5 and 10 Largest Propylene Glycol Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Propylene Glycol Production by Region
3.1 Global Propylene Glycol Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Propylene Glycol Production Value by Region (2019-2030)
3.2.1 Global Propylene Glycol Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Propylene Glycol by Region (2025-2030)
3.3 Global Propylene Glycol Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Propylene Glycol Production by Region (2019-2030)
3.4.1 Global Propylene Glycol Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Propylene Glycol by Region (2025-2030)
3.5 Global Propylene Glycol Market Price Analysis by Region (2019-2024)
3.6 Global Propylene Glycol Production and Value, Year-over-Year Growth
3.6.1 North America Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Propylene Glycol Production Value Estimates and Forecasts (2019-2030)
4 Propylene Glycol Consumption by Region
4.1 Global Propylene Glycol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Propylene Glycol Consumption by Region (2019-2030)
4.2.1 Global Propylene Glycol Consumption by Region (2019-2024)
4.2.2 Global Propylene Glycol Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Propylene Glycol Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 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 Propylene Glycol Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 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 Propylene Glycol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa 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 Propylene Glycol Production by Type (2019-2030)
5.1.1 Global Propylene Glycol Production by Type (2019-2024)
5.1.2 Global Propylene Glycol Production by Type (2025-2030)
5.1.3 Global Propylene Glycol Production Market Share by Type (2019-2030)
5.2 Global Propylene Glycol Production Value by Type (2019-2030)
5.2.1 Global Propylene Glycol Production Value by Type (2019-2024)
5.2.2 Global Propylene Glycol Production Value by Type (2025-2030)
5.2.3 Global Propylene Glycol Production Value Market Share by Type (2019-2030)
5.3 Global Propylene Glycol Price by Type (2019-2030)
6 Segment by Application
6.1 Global Propylene Glycol Production by Application (2019-2030)
6.1.1 Global Propylene Glycol Production by Application (2019-2024)
6.1.2 Global Propylene Glycol Production by Application (2025-2030)
6.1.3 Global Propylene Glycol Production Market Share by Application (2019-2030)
6.2 Global Propylene Glycol Production Value by Application (2019-2030)
6.2.1 Global Propylene Glycol Production Value by Application (2019-2024)
6.2.2 Global Propylene Glycol Production Value by Application (2025-2030)
6.2.3 Global Propylene Glycol Production Value Market Share by Application (2019-2030)
6.3 Global Propylene Glycol Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ADM
7.1.1 ADM Propylene Glycol Corporation Information
7.1.2 ADM Propylene Glycol Product Portfolio
7.1.3 ADM Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ADM Main Business and Markets Served
7.1.5 ADM Recent Developments/Updates
7.2 BASF
7.2.1 BASF Propylene Glycol Corporation Information
7.2.2 BASF Propylene Glycol Product Portfolio
7.2.3 BASF Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.2.4 BASF Main Business and Markets Served
7.2.5 BASF Recent Developments/Updates
7.3 DOW
7.3.1 DOW Propylene Glycol Corporation Information
7.3.2 DOW Propylene Glycol Product Portfolio
7.3.3 DOW Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.3.4 DOW Main Business and Markets Served
7.3.5 DOW Recent Developments/Updates
7.4 Global Bio-Chem Technology
7.4.1 Global Bio-Chem Technology Propylene Glycol Corporation Information
7.4.2 Global Bio-Chem Technology Propylene Glycol Product Portfolio
7.4.3 Global Bio-Chem Technology Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Global Bio-Chem Technology Main Business and Markets Served
7.4.5 Global Bio-Chem Technology Recent Developments/Updates
7.5 Lyondellbasell
7.5.1 Lyondellbasell Propylene Glycol Corporation Information
7.5.2 Lyondellbasell Propylene Glycol Product Portfolio
7.5.3 Lyondellbasell Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Lyondellbasell Main Business and Markets Served
7.5.5 Lyondellbasell Recent Developments/Updates
7.6 Huntsman
7.6.1 Huntsman Propylene Glycol Corporation Information
7.6.2 Huntsman Propylene Glycol Product Portfolio
7.6.3 Huntsman Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Huntsman Main Business and Markets Served
7.6.5 Huntsman Recent Developments/Updates
7.7 SKC
7.7.1 SKC Propylene Glycol Corporation Information
7.7.2 SKC Propylene Glycol Product Portfolio
7.7.3 SKC Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.7.4 SKC Main Business and Markets Served
7.7.5 SKC Recent Developments/Updates
7.8 Shell
7.8.1 Shell Propylene Glycol Corporation Information
7.8.2 Shell Propylene Glycol Product Portfolio
7.8.3 Shell Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Shell Main Business and Markets Served
7.7.5 Shell Recent Developments/Updates
7.9 Temix International
7.9.1 Temix International Propylene Glycol Corporation Information
7.9.2 Temix International Propylene Glycol Product Portfolio
7.9.3 Temix International Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Temix International Main Business and Markets Served
7.9.5 Temix International Recent Developments/Updates
7.10 Ineos Oxide
7.10.1 Ineos Oxide Propylene Glycol Corporation Information
7.10.2 Ineos Oxide Propylene Glycol Product Portfolio
7.10.3 Ineos Oxide Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Ineos Oxide Main Business and Markets Served
7.10.5 Ineos Oxide Recent Developments/Updates
7.11 AGC
7.11.1 AGC Propylene Glycol Corporation Information
7.11.2 AGC Propylene Glycol Product Portfolio
7.11.3 AGC Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.11.4 AGC Main Business and Markets Served
7.11.5 AGC Recent Developments/Updates
7.12 Adeka
7.12.1 Adeka Propylene Glycol Corporation Information
7.12.2 Adeka Propylene Glycol Product Portfolio
7.12.3 Adeka Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Adeka Main Business and Markets Served
7.12.5 Adeka Recent Developments/Updates
7.13 Manali Petrochemicals
7.13.1 Manali Petrochemicals Propylene Glycol Corporation Information
7.13.2 Manali Petrochemicals Propylene Glycol Product Portfolio
7.13.3 Manali Petrochemicals Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Manali Petrochemicals Main Business and Markets Served
7.13.5 Manali Petrochemicals Recent Developments/Updates
7.14 Qingdao Shida Chemical
7.14.1 Qingdao Shida Chemical Propylene Glycol Corporation Information
7.14.2 Qingdao Shida Chemical Propylene Glycol Product Portfolio
7.14.3 Qingdao Shida Chemical Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Qingdao Shida Chemical Main Business and Markets Served
7.14.5 Qingdao Shida Chemical Recent Developments/Updates
7.15 Tongling Jintai Chemical Industrial
7.15.1 Tongling Jintai Chemical Industrial Propylene Glycol Corporation Information
7.15.2 Tongling Jintai Chemical Industrial Propylene Glycol Product Portfolio
7.15.3 Tongling Jintai Chemical Industrial Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Tongling Jintai Chemical Industrial Main Business and Markets Served
7.15.5 Tongling Jintai Chemical Industrial Recent Developments/Updates
7.16 Dongying Hi-Tech Spring Chemical Industrial
7.16.1 Dongying Hi-Tech Spring Chemical Industrial Propylene Glycol Corporation Information
7.16.2 Dongying Hi-Tech Spring Chemical Industrial Propylene Glycol Product Portfolio
7.16.3 Dongying Hi-Tech Spring Chemical Industrial Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Dongying Hi-Tech Spring Chemical Industrial Main Business and Markets Served
7.16.5 Dongying Hi-Tech Spring Chemical Industrial Recent Developments/Updates
7.17 Shandong Depu Chemical Industry Science and Technology
7.17.1 Shandong Depu Chemical Industry Science and Technology Propylene Glycol Corporation Information
7.17.2 Shandong Depu Chemical Industry Science and Technology Propylene Glycol Product Portfolio
7.17.3 Shandong Depu Chemical Industry Science and Technology Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Shandong Depu Chemical Industry Science and Technology Main Business and Markets Served
7.17.5 Shandong Depu Chemical Industry Science and Technology Recent Developments/Updates
7.18 Chaoyang Chemicals
7.18.1 Chaoyang Chemicals Propylene Glycol Corporation Information
7.18.2 Chaoyang Chemicals Propylene Glycol Product Portfolio
7.18.3 Chaoyang Chemicals Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Chaoyang Chemicals Main Business and Markets Served
7.18.5 Chaoyang Chemicals Recent Developments/Updates
7.19 Oleon
7.19.1 Oleon Propylene Glycol Corporation Information
7.19.2 Oleon Propylene Glycol Product Portfolio
7.19.3 Oleon Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Oleon Main Business and Markets Served
7.19.5 Oleon Recent Developments/Updates
7.20 Golden Dyechem
7.20.1 Golden Dyechem Propylene Glycol Corporation Information
7.20.2 Golden Dyechem Propylene Glycol Product Portfolio
7.20.3 Golden Dyechem Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Golden Dyechem Main Business and Markets Served
7.20.5 Golden Dyechem Recent Developments/Updates
7.21 Haike Chemical
7.21.1 Haike Chemical Propylene Glycol Corporation Information
7.21.2 Haike Chemical Propylene Glycol Product Portfolio
7.21.3 Haike Chemical Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Haike Chemical Main Business and Markets Served
7.21.5 Haike Chemical Recent Developments/Updates
7.22 Helm
7.22.1 Helm Propylene Glycol Corporation Information
7.22.2 Helm Propylene Glycol Product Portfolio
7.22.3 Helm Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Helm Main Business and Markets Served
7.22.5 Helm Recent Developments/Updates
7.23 Oxyde Belgium
7.23.1 Oxyde Belgium Propylene Glycol Corporation Information
7.23.2 Oxyde Belgium Propylene Glycol Product Portfolio
7.23.3 Oxyde Belgium Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.23.4 Oxyde Belgium Main Business and Markets Served
7.23.5 Oxyde Belgium Recent Developments/Updates
7.24 Arrow Chemical
7.24.1 Arrow Chemical Propylene Glycol Corporation Information
7.24.2 Arrow Chemical Propylene Glycol Product Portfolio
7.24.3 Arrow Chemical Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.24.4 Arrow Chemical Main Business and Markets Served
7.24.5 Arrow Chemical Recent Developments/Updates
7.25 TRI Chemicals
7.25.1 TRI Chemicals Propylene Glycol Corporation Information
7.25.2 TRI Chemicals Propylene Glycol Product Portfolio
7.25.3 TRI Chemicals Propylene Glycol Production, Value, Price and Gross Margin (2019-2024)
7.25.4 TRI Chemicals Main Business and Markets Served
7.25.5 TRI Chemicals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Propylene Glycol Industry Chain Analysis
8.2 Propylene Glycol Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Propylene Glycol Production Mode & Process
8.4 Propylene Glycol Sales and Marketing
8.4.1 Propylene Glycol Sales Channels
8.4.2 Propylene Glycol Distributors
8.5 Propylene Glycol Customers
9 Propylene Glycol Market Dynamics
9.1 Propylene Glycol Industry Trends
9.2 Propylene Glycol Market Drivers
9.3 Propylene Glycol Market Challenges
9.4 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

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