Propylene Glycol Market Share, Size & Growth Forecast by 2030

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The global propylene glycol market is expected to grow at 5.1 % CAGR from 2024 to 2030. It is expected to reach above USD 6.0 billion by 2030 from USD 3.9 billion in 2023.

The global propylene glycol market is expected to grow at 5.1 % CAGR from 2024 to 2030. It is expected to reach above USD 6.0 billion by 2030 from USD 3.9 billion in 2023.

Comprehensive information and analysis on major market trends, expansion prospects, and new difficulties are offered by the Propylene Glycol market report. By delivering actionable intelligence, Propylene Glycol stay ahead of the competition and make well-informed decisions. The company provides thorough reports that assist clients in navigating complex market landscapes, promoting strategic growth, and grasping new opportunities in a constantly changing global market by utilizing a combination of qualitative and quantitative research methods.

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List of the Key Players

Dow Chemical Company, Lyondellbasell Industries N.V., Archer Daniels Midland Company (Adm), BASF Se, Huntsman Corporation, Global Bio-Chem Technology Group Co., Ltd., SKC Co., Ltd., Dupont Tate Lyle Bio Products, Llc, Royal Dutch Shell Plc., Temix Oleo S.R.L., INEOS .

Propylene Glycol Market Segmentation

Propylene Glycol Market by Source, 2020-2029, (USD Billion), (Kilotons)

Petroleum-based PG

Bio-based PG

Propylene Glycol Market by Grade, 2020-2029, (USD Billion), (Kilotons)

Industrial Grade

Unsaturated Polyester Resin

Antifreeze Functional Fluids

Liquid Detergents

Plasticizers

Paints Coatings

Pharmaceutical Grade

Food Beverage

Pharmaceuticals

Cosmetics

Other Applications

Animal Feed

Tobacco humectants

Inks

Lacquers

Varnishes

Propylene Glycol Market by End-Use Industry, 2020-2029, (USD Billion), (Kilotons)

Transportation

Building Construction

Food Beverage

Pharmaceuticals

Cosmetics Personal Care

Others

Paints Coatings

Consumer Goods

Electronics

Tobacco

Textile industry

Regional Analysis

North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, the Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Some extract from Table of Contents

  • Overview of Propylene Glycol Market
  • Propylene Glycol Size (Sales Volume) Comparison by Type (2025-2034)
  • Propylene Glycol Size (Consumption) and Market Share Comparison by Application (2025-2034)
  • Propylene Glycol Size Comparison by Region (2025-2034)
  • Propylene Glycol Sales, Revenue and Growth Rate (2025-2034)
  • Propylene Glycol Competitive Situation and Trends
  • Propylene Glycol Manufacturing Cost Analysis
  • The most recent innovative headway and supply chain pattern mapping

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