Propylene Glycol Market Overview:

Hydrating propylene oxide yields propylene glycol, a stable, sticky liquid that is hygroscopic. It can dissolve in some resins, dyes, and essential oils. It is colourless and miscible with water and certain organic solvents. Propylene glycol is a common ingredient in creams, lotions, serums, shampoos, and other personal care products as a moisturiser, emollient, preservative, and solvent. Additionally, it's utilised in the production of industrial solvents, paints and coatings, unsaturated polyester resins, non-ionic detergents, antifreeze, laminates, inks, adhesives, and detergents.

Maximize Market Research, a business research firm has published a report on the “Propylene Glycol Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for Propylene Glycol Market:

Propylene Glycol Market  : was valued at US$ 59.51 Bn. in 2022. The Global Propylene Glycol Market size is estimated to grow at a CAGR of 9.6 % over the forecast period.

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Propylene Glycol Market Report Scope and Research Methodology:

Propylene glycol is frequently used to enhance the flavour, texture, look, and shelf life of certain processed foods. Some of the main factors driving the market expansion include dietary changes, an increase in the labour force, and significantly higher consumption of processed foods as a result of busy lifestyles. Nonetheless, the expansion of the building and transportation sectors has resulted in a rise in the need for propylene glycol in a number of industrial chemicals, including hydraulic and brake fluids, cutting fluids and vehicle coolants. It helps the market expand and is utilised as a solubilizer for active ingredients. Growing environmental issues are driving manufacturers in the sector to concentrate on bio-based chemicals for the production of propylene glycol. 

Propylene Glycol Market Regional Insights:

Improved dependability and increasing demand drive growth in the Propylene Glycol Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Propylene Glycol market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Propylene Glycol Market Segmentation:

by Source
Petroleum-based Propylene Glycol
Bio-based Propylene Glycol

According to Source, In the global propylene glycol market, petroleum-based propylene glycol holds the leading position. Due to its growing use in the transportation and construction sectors, petroleum-based propylene glycol, which accounted for more than 50% of the market share, is anticipated to dominate the global market during the course of the projected period. Petroleum-based propylene is widely used as a mechanical fluid and lubricant in cars and other forms of transportation, but there aren't enough producers of petroleum and petrochemicals to meet the world's demand.

by Application
Unsaturated Polyester Resin
Food, Pharmaceuticals & Cosmetics
Antifreeze & Functional Fluid
Liquid Detergents
Plasticizers
Others

By Application, the worldwide propylene glycol market is dominated by unsaturated polyester resins, which are predicted to rise at a CAGR of 3.7% over the course of the forecast period. Antifreeze, functional liquids, and medicines are the next most popular applications for this market. Propylene glycol is driving the growth of the unsaturated polyester resin market in emerging regions due to the rising construction industry and growing investment in infrastructure development.

by End User Industry

Transportation
Building & Construction
Pharmaceuticals & Cosmetics
Food & Beverage
Others

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Table of Content: Propylene Glycol Market

Part 01: Executive Summary

Part 02: Scope of the Propylene Glycol Market Report

Part 03: Global Propylene Glycol Market Landscape

Part 04: Global Propylene Glycol Market Sizing

Part 05: Global Propylene Glycol Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Propylene Glycol Market Key Players:

1. Archer Daniels Midland Company
2. BASF SE
3. The DOW Chemical Company
4. Global Bio-Chem Technology Group Co., Ltd.
5. LyondellBasell Industries N.V.
6. Huntsman Corporation
7. SKC Co., Ltd.
8. Royal Dutch Shell PLC.
9. Remix International S.R.L.
10.Dupont Tate & Lyle Bio Products Company, LLC
11.Ineos Oxide
12.Asahi Glass Co., Ltd.

Key questions answered in the Propylene Glycol Market are:

• Who are the leading companies and what are their portfolios in Propylene Glycol Market? 
• What segments are covered in the Propylene Glycol Market?
• Who are the key players in the Propylene Glycol market?
• What is Propylene Glycol?
• What was the Propylene Glycol market size in 2024?
• What is the growth rate of the Propylene Glycol Market?
• Which are the factors expected to drive the Propylene Glycol market growth?
• What are the different segments of the Propylene Glycol Market?
• What growth strategies are the players considering to increase their presence in Propylene Glycol?
• What are the upcoming industry applications and trends for the Propylene Glycol Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Propylene Glycol Market?
• What segments are covered in the Propylene Glycol Market?

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Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region 
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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