Propylene Glycol Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Propylene Glycol Market Growth, Demand and Challenges of the Key Industry Players 2024-32


According to the latest research report by IMARC Group, The global propylene glycol market size reached US$ 4.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.1 Million by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Date added: 22 January 2024
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Title: Propylene Glycol Market Growth, Demand and Challenges of the Key Industry Players 2024-32

Global Propylene Glycol Market Research and
Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
About IMARC Group
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Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Propylene Glycol Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global propylene glycol
    market size reached US 4.3 Million in 2023.
  • Propylene glycol (C3H8O2) is a viscous,
    colorless, hygroscopic liquid with low toxicity
    and a faintly sweet taste. It is the end product
    of the chemical reaction between propylene oxide
    and water. The synthetic organic compound can
    also be obtained from petroleum and bio-based
  • Propylene glycol is miscible with acetone, water,
    and chloroform and is used as a solvent,
    emulsifier, and excipient to hold and dissolve
    active ingredients. Consequently, it finds a wide
    variety of applications in cosmetics and personal
    care products, unsaturated polyester resins,
    liquid detergents, functional fluids, and
    antifreeze. It is also utilized as a humectant,
    preservative in food products, solvents, and as a
    major constituent of e-liquid in electric
    cigarettes with vegetable glycerin.
  • Request for a PDF sample of this report

Report Description
  • Global Propylene Glycol Market Trends
  • The market is primarily driven by the increasing
    product applications in diverse industries. For
    instance, propylene glycol is utilized across
    food and beverage industry for improved texture,
    flavor, appearance, and shelf life of various
    produced foods. The rapid urbanization and
    fast-paced lifestyle of individuals are also
    increasing the consumption of processed food and
    ready-to-eat food products, which is fueling the
    market growth. Besides this, the significant
    growth of the automotive industry is facilitating
    the need for petroleum-based propylene glycol,
    which is used in industrial chemicals such as
    deicing fluids, automotive coolants, and
    hydraulic and brake fluids.
  • Nowadays, it is also used as a drug solubilizer
    in the pharmaceutical industry. Furthermore, with
    the growing environmental consciousness, key
    manufacturers are investing in research and
    development (RD) activities to introduce
    effective propylene glycol variants, such as
    bio-based chemicals for producing propylene
    glycol, which is expected to create a positive
    outlook for the market in the upcoming years.
  • View Report TOC, Figures and Tables

Report Segmentation
  • Breakup by Source
  • Petroleum-based
  • Bio-based
  • Breakup by Application
  • Unsaturated Polyester Resins
  • Antifreeze and Functional Fluids
  • Food, Drug, and Cosmetics
  • Liquid Detergent
  • Paints and Coatings
  • Others
  • Breakup by End Use Industry
  • Transportation
  • Building and Construction

Report Segmentation
  • Food and Beverage
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape with Key Players
  • Archer-Daniels-Midland Company
  • DuPont de Nemours Inc.
  • Global Bio-chem Technology Group Company Limited
  • INEOS Group Limited
  • LyondellBasell Industries N.V.
  • Shell Plc
  • SK Picglobal
  • Dow Inc.

Key Questions Answered in the Report
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Propylene Glycol
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Source    6.1  
     Petroleum-based        6.1.1 Market Trends   
        6.1.2 Market Forecast    6.2    Bio-based 
          6.2.1 Market Trends        6.2.2 Market
    Forecast7   Market Breakup by Application   
    7.1    Unsaturated Polyester Resins        7.1.1
    Market Trends        7.1.2 Market Forecast   

Table of Contents
  •     7.2    Antifreeze and Functional Fluids     
      7.2.1 Market Trends        7.2.2 Market
    Forecast    7.3    Food, Drug, and Cosmetics   
        7.3.1 Market Trends        7.3.2 Market
    Forecast    7.4    Liquid Detergent       
    7.4.1 Market Trends        7.4.2 Market
    Forecast    7.5    Paints and Coatings       
    7.5.1 Market Trends        7.5.2 Market
    Forecast    7.6    Others        7.6.1 Market
    Trends        7.6.2 Market Forecast8   Market
    Breakup by End Use Industry    8.1  
     Transportation        8.1.1 Market Trends     
      8.1.2 Market Forecast    8.2    Building and
    Construction        8.2.1 Market Trends       
    8.2.2 Market Forecast    8.3    Food and
    Beverage        8.3.1 Market Trends       
    8.3.2 Market Forecast    8.4  
     Pharmaceuticals        8.4.1 Market Trends   
        8.4.2 Market Forecast
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