Industry: Chemical & Material
Published Date: 2024-09-21
Pages: 180 Pages
Report ld: 2712300
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Propylene Glycol (PG) Market Size(US$)

CAGR 2024-2030
1.9%
Market Size,2030
USD 7,040
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Propylene Glycol (PG), also known as 1, 2-propanediol or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. PG is widely used in various industries due to its versatility. Its primary application is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, commonly used in the construction, automotive, and industrial sectors. Additionally, Propylene Glycol is a key component in functional fluids, such as deicing and antifreeze solutions, critical for the aviation and automotive industries. It is also used in plasticizers, hydraulic brake fluids, and non-ionic detergents. Moreover, PG serves as a humectant in pharmaceuticals, cosmetics, animal feed, and tobacco, and is valued for its effectiveness as a solvent and extractant.
The global Propylene Glycol (PG) market is projected to grow from US$ 6288 million in 2024 to US$ 7040 million by 2030, at a Compound Annual Growth Rate (CAGR) of 1.9% during the forecast period.
Globally, the Propylene Glycol market is led by major manufacturers such as Dow, LyondellBasell, INEOS, BASF, and ADM, which together control over 60% of the market share. The European Union is the largest regional market, accounting for more than 25% of global consumption, driven by its demand for surface coatings and reinforced resins. The United States and China are also significant markets, with these two regions contributing more than 35% of global demand. Industrial-grade PG is the most widely produced and consumed type, making up about 75% of total production due to its extensive use in industrial processes, particularly in UPR manufacturing.
Looking ahead, Propylene Glycol is expected to see sustained growth, particularly in the unsaturated polyester resin (UPR) market, as industries such as construction, automotive, and coatings continue to expand. Additionally, rising demand for sustainable and environmentally friendly products in the cosmetics, pharmaceutical, and food sectors will drive further use of PG, especially as a humectant. As global environmental regulations tighten, manufacturers are expected to invest in greener and more sustainable production methods for PG. With its broad range of applications and ongoing innovation, Propylene Glycol is well-positioned for continued growth across both developed and emerging markets.
In terms of production side, this report researches the Propylene Glycol (PG) production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Propylene Glycol (PG) by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
This report presents an overview of global market for Propylene Glycol (PG), capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Propylene Glycol (PG), also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Propylene Glycol (PG), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Propylene Glycol (PG) sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Propylene Glycol (PG) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Propylene Glycol (PG) sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Propylene Glycol (PG) production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Propylene Glycol (PG) in global, 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 of each country in the world.
Chapter 4: Detailed analysis of Propylene Glycol (PG) manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Propylene Glycol (PG) sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Study Coverage
1.1 Propylene Glycol (PG) Product Introduction
1.2 Market by Type
1.2.1 Global Propylene Glycol (PG) Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Hydration
1.2.3 Transesterification
1.2.4 Biosynthesis
1.3 Market by Application
1.3.1 Global Propylene Glycol (PG) Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Unsaturated Polyester Resins (UPR)
1.3.3 Functional Fluids
1.3.4 Pharmaceuticals and Food
1.3.5 Liquid Detergents
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Propylene Glycol (PG) Production
2.1 Global Propylene Glycol (PG) Production Capacity (2019-2030)
2.2 Global Propylene Glycol (PG) Production by Region: 2019 VS 2023 VS 2030
2.3 Global Propylene Glycol (PG) Production by Region
2.3.1 Global Propylene Glycol (PG) Historic Production by Region (2019-2024)
2.3.2 Global Propylene Glycol (PG) Forecasted Production by Region (2025-2030)
2.3.3 Global Propylene Glycol (PG) Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Propylene Glycol (PG) Revenue Estimates and Forecasts 2019-2030
3.2 Global Propylene Glycol (PG) Revenue by Region
3.2.1 Global Propylene Glycol (PG) Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Propylene Glycol (PG) Revenue by Region (2019-2024)
3.2.3 Global Propylene Glycol (PG) Revenue by Region (2025-2030)
3.2.4 Global Propylene Glycol (PG) Revenue Market Share by Region (2019-2030)
3.3 Global Propylene Glycol (PG) Sales Estimates and Forecasts 2019-2030
3.4 Global Propylene Glycol (PG) Sales by Region
3.4.1 Global Propylene Glycol (PG) Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Propylene Glycol (PG) Sales by Region (2019-2024)
3.4.3 Global Propylene Glycol (PG) Sales by Region (2025-2030)
3.4.4 Global Propylene Glycol (PG) Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Propylene Glycol (PG) Sales by Manufacturers
4.1.1 Global Propylene Glycol (PG) Sales by Manufacturers (2019-2024)
4.1.2 Global Propylene Glycol (PG) Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Propylene Glycol (PG) in 2023
4.2 Global Propylene Glycol (PG) Revenue by Manufacturers
4.2.1 Global Propylene Glycol (PG) Revenue by Manufacturers (2019-2024)
4.2.2 Global Propylene Glycol (PG) Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Propylene Glycol (PG) Revenue in 2023
4.3 Global Propylene Glycol (PG) Sales Price by Manufacturers (2019-2024)
4.4 Global Key Players of Propylene Glycol (PG), Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Propylene Glycol (PG) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Propylene Glycol (PG), Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Propylene Glycol (PG), Product Offered and Application
4.8 Global Key Manufacturers of Propylene Glycol (PG), Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Propylene Glycol (PG) Sales by Type
5.1.1 Global Propylene Glycol (PG) Historical Sales by Type (2019-2024)
5.1.2 Global Propylene Glycol (PG) Forecasted Sales by Type (2025-2030)
5.1.3 Global Propylene Glycol (PG) Sales Market Share by Type (2019-2030)
5.2 Global Propylene Glycol (PG) Revenue by Type
5.2.1 Global Propylene Glycol (PG) Historical Revenue by Type (2019-2024)
5.2.2 Global Propylene Glycol (PG) Forecasted Revenue by Type (2025-2030)
5.2.3 Global Propylene Glycol (PG) Revenue Market Share by Type (2019-2030)
5.3 Global Propylene Glycol (PG) Price by Type
5.3.1 Global Propylene Glycol (PG) Price by Type (2019-2024)
5.3.2 Global Propylene Glycol (PG) Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Propylene Glycol (PG) Sales by Application
6.1.1 Global Propylene Glycol (PG) Historical Sales by Application (2019-2024)
6.1.2 Global Propylene Glycol (PG) Forecasted Sales by Application (2025-2030)
6.1.3 Global Propylene Glycol (PG) Sales Market Share by Application (2019-2030)
6.2 Global Propylene Glycol (PG) Revenue by Application
6.2.1 Global Propylene Glycol (PG) Historical Revenue by Application (2019-2024)
6.2.2 Global Propylene Glycol (PG) Forecasted Revenue by Application (2025-2030)
6.2.3 Global Propylene Glycol (PG) Revenue Market Share by Application (2019-2030)
6.3 Global Propylene Glycol (PG) Price by Application
6.3.1 Global Propylene Glycol (PG) Price by Application (2019-2024)
6.3.2 Global Propylene Glycol (PG) Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Propylene Glycol (PG) Market Size by Type
7.1.1 US & Canada Propylene Glycol (PG) Sales by Type (2019-2030)
7.1.2 US & Canada Propylene Glycol (PG) Revenue by Type (2019-2030)
7.2 US & Canada Propylene Glycol (PG) Market Size by Application
7.2.1 US & Canada Propylene Glycol (PG) Sales by Application (2019-2030)
7.2.2 US & Canada Propylene Glycol (PG) Revenue by Application (2019-2030)
7.3 US & Canada Propylene Glycol (PG) Market Size by Country
7.3.1 US & Canada Propylene Glycol (PG) Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Propylene Glycol (PG) Revenue by Country (2019-2030)
7.3.3 US & Canada Propylene Glycol (PG) Sales by Country (2019-2030)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Propylene Glycol (PG) Market Size by Type
8.1.1 Europe Propylene Glycol (PG) Sales by Type (2019-2030)
8.1.2 Europe Propylene Glycol (PG) Revenue by Type (2019-2030)
8.2 Europe Propylene Glycol (PG) Market Size by Application
8.2.1 Europe Propylene Glycol (PG) Sales by Application (2019-2030)
8.2.2 Europe Propylene Glycol (PG) Revenue by Application (2019-2030)
8.3 Europe Propylene Glycol (PG) Market Size by Country
8.3.1 Europe Propylene Glycol (PG) Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Propylene Glycol (PG) Sales by Country (2019-2030)
8.3.3 Europe Propylene Glycol (PG) Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Propylene Glycol (PG) Market Size by Type
9.1.1 China Propylene Glycol (PG) Sales by Type (2019-2030)
9.1.2 China Propylene Glycol (PG) Revenue by Type (2019-2030)
9.2 China Propylene Glycol (PG) Market Size by Application
9.2.1 China Propylene Glycol (PG) Sales by Application (2019-2030)
9.2.2 China Propylene Glycol (PG) Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Propylene Glycol (PG) Market Size by Type
10.1.1 Asia Propylene Glycol (PG) Sales by Type (2019-2030)
10.1.2 Asia Propylene Glycol (PG) Revenue by Type (2019-2030)
10.2 Asia Propylene Glycol (PG) Market Size by Application
10.2.1 Asia Propylene Glycol (PG) Sales by Application (2019-2030)
10.2.2 Asia Propylene Glycol (PG) Revenue by Application (2019-2030)
10.3 Asia Propylene Glycol (PG) Market Size by Region
10.3.1 Asia Propylene Glycol (PG) Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Propylene Glycol (PG) Revenue by Region (2019-2030)
10.3.3 Asia Propylene Glycol (PG) Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Propylene Glycol (PG) Market Size by Type
11.1.1 Middle East, Africa and Latin America Propylene Glycol (PG) Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Propylene Glycol (PG) Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Propylene Glycol (PG) Market Size by Application
11.2.1 Middle East, Africa and Latin America Propylene Glycol (PG) Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Propylene Glycol (PG) Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Propylene Glycol (PG) Market Size by Country
11.3.1 Middle East, Africa and Latin America Propylene Glycol (PG) Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Propylene Glycol (PG) Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Propylene Glycol (PG) Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Dow
12.1.1 Dow Corporation Information
12.1.2 Dow Overview
12.1.3 Dow Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Dow Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Dow Recent Developments
12.2 Lyondell Basell
12.2.1 Lyondell Basell Corporation Information
12.2.2 Lyondell Basell Overview
12.2.3 Lyondell Basell Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Lyondell Basell Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Lyondell Basell Recent Developments
12.3 Indorama (Huntsman)
12.3.1 Indorama (Huntsman) Corporation Information
12.3.2 Indorama (Huntsman) Overview
12.3.3 Indorama (Huntsman) Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Indorama (Huntsman) Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Indorama (Huntsman) Recent Developments
12.4 ADM
12.4.1 ADM Corporation Information
12.4.2 ADM Overview
12.4.3 ADM Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 ADM Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 ADM Recent Developments
12.5 INEOS
12.5.1 INEOS Corporation Information
12.5.2 INEOS Overview
12.5.3 INEOS Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 INEOS Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 INEOS Recent Developments
12.6 BASF
12.6.1 BASF Corporation Information
12.6.2 BASF Overview
12.6.3 BASF Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 BASF Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 BASF Recent Developments
12.7 Repsol
12.7.1 Repsol Corporation Information
12.7.2 Repsol Overview
12.7.3 Repsol Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Repsol Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Repsol Recent Developments
12.8 SKC
12.8.1 SKC Corporation Information
12.8.2 SKC Overview
12.8.3 SKC Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 SKC Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 SKC Recent Developments
12.9 Shell
12.9.1 Shell Corporation Information
12.9.2 Shell Overview
12.9.3 Shell Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Shell Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Shell Recent Developments
12.10 Anhui Tongling Jintai
12.10.1 Anhui Tongling Jintai Corporation Information
12.10.2 Anhui Tongling Jintai Overview
12.10.3 Anhui Tongling Jintai Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Anhui Tongling Jintai Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Anhui Tongling Jintai Recent Developments
12.11 Shandong Shida Shenghua Chemical Co., Ltd.
12.11.1 Shandong Shida Shenghua Chemical Co., Ltd. Corporation Information
12.11.2 Shandong Shida Shenghua Chemical Co., Ltd. Overview
12.11.3 Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Shandong Shida Shenghua Chemical Co., Ltd. Recent Developments
12.12 CNOOC Shell Petrochemical
12.12.1 CNOOC Shell Petrochemical Corporation Information
12.12.2 CNOOC Shell Petrochemical Overview
12.12.3 CNOOC Shell Petrochemical Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 CNOOC Shell Petrochemical Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 CNOOC Shell Petrochemical Recent Developments
12.13 Haike Xinyuan
12.13.1 Haike Xinyuan Corporation Information
12.13.2 Haike Xinyuan Overview
12.13.3 Haike Xinyuan Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.13.4 Haike Xinyuan Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.13.5 Haike Xinyuan Recent Developments
12.14 Daze Chemical
12.14.1 Daze Chemical Corporation Information
12.14.2 Daze Chemical Overview
12.14.3 Daze Chemical Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.14.4 Daze Chemical Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.14.5 Daze Chemical Recent Developments
12.15 Depp Technology
12.15.1 Depp Technology Corporation Information
12.15.2 Depp Technology Overview
12.15.3 Depp Technology Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.15.4 Depp Technology Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.15.5 Depp Technology Recent Developments
12.16 Ningbo Zhetie Dafeng Chemical Co., Ltd.
12.16.1 Ningbo Zhetie Dafeng Chemical Co., Ltd. Corporation Information
12.16.2 Ningbo Zhetie Dafeng Chemical Co., Ltd. Overview
12.16.3 Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.16.4 Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Product Model Numbers, Pictures, Descriptions and Specifications
12.16.5 Ningbo Zhetie Dafeng Chemical Co., Ltd. Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Propylene Glycol (PG) Industry Chain Analysis
13.2 Propylene Glycol (PG) Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Propylene Glycol (PG) Production Mode & Process
13.4 Propylene Glycol (PG) Sales and Marketing
13.4.1 Propylene Glycol (PG) Sales Channels
13.4.2 Propylene Glycol (PG) Distributors
13.5 Propylene Glycol (PG) Customers
14 Propylene Glycol (PG) Market Dynamics
14.1 Propylene Glycol (PG) Industry Trends
14.2 Propylene Glycol (PG) Market Drivers
14.3 Propylene Glycol (PG) Market Challenges
14.4 Propylene Glycol (PG) Market Restraints
15 Key Findings in the Global Propylene Glycol (PG) Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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USD 3950.00
(Single User License)
Propylene Glycol (PG), also known as 1, 2-propanediol or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. PG is widely used in various industries due to its versatility. Its primary application is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, commonly used in the construction, automotive, and industrial sectors. Additionally, Propylene Glycol is a key component in functional fluids, such as deicing and antifreeze solutions, critical for the aviation and automotive industries. It is also used in plasticizers, hydraulic brake fluids, and non-ionic detergents. Moreover, PG serves as a humectant in pharmaceuticals, cosmetics, animal feed, and tobacco, and is valued for its effectiveness as a solvent and extractant.
Published Date: 2024-09-21
Pages: 148
USD 4350.00
(Single User License)
The global Propylene Glycol (PG) market size was US$ 6396 million in 2025 and is forecast to reach a readjusted size of US$ 7283 million by 2032 with a CAGR of 1.9% during the forecast period 2026-2032.
Published: 2026-01-04
Pages: 106
The global Propylene Glycol (PG) market was valued at US$ 6396 million in 2025 and is anticipated to reach US$ 7283 million by 2032, at a CAGR of 1.9% from 2026 to 2032.
Published: 2026-01-04
Pages: 151
The global market for Propylene Glycol (PG) was estimated to be worth US$ 6396 million in 2025 and is projected to reach US$ 7283 million, growing at a CAGR of 1.9% from 2026 to 2032.
Published: 2026-01-04
Pages: 134
The global Propylene Glycol (PG) market is projected to grow from US$ 6288 million in 2024 to US$ 7160 million by 2031, at a CAGR of 1.9% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-09-11
Pages: 177
In 2024, the global market size of Propylene Glycol (PG) was estimated to be worth US$ 6288 million and is forecast to reach approximately US$ 7160 million by 2031 with a CAGR of 1.9% during the forecast period 2025-2031.
Published: 2025-03-28
Pages: 178
The global Propylene Glycol (PG) market size was US$ 6288 million in 2024 and is forecast to a readjusted size of US$ 7160 million by 2031 with a CAGR of 1.9% during the forecast period 2025-2031.
Published: 2025-03-19
Pages: 101
The global market for Propylene Glycol (PG) was estimated to be worth US$ 6288 million in 2024 and is forecast to a readjusted size of US$ 7160 million by 2031 with a CAGR of 1.9% during the forecast period 2025-2031.
Published: 2025-01-16
Pages: 140
The global market for Propylene Glycol (PG) was valued at US$ 6288 million in the year 2024 and is projected to reach a revised size of US$ 7160 million by 2031, growing at a CAGR of 1.9% during the forecast period.
Published: 2025-01-16
Pages: 109
Propylene Glycol (PG), also known as 1, 2-propanediol or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. PG is widely used in various industries due to its versatility. Its primary application is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, commonly used in the construction, automotive, and industrial sectors. Additionally, Propylene Glycol is a key component in functional fluids, such as deicing and antifreeze solutions, critical for the aviation and automotive industries. It is also used in plasticizers, hydraulic brake fluids, and non-ionic detergents. Moreover, PG serves as a humectant in pharmaceuticals, cosmetics, animal feed, and tobacco, and is valued for its effectiveness as a solvent and extractant.
Published: 2024-09-21
Pages: 145
Propylene Glycol (PG), also known as 1, 2-propanediol or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. PG is widely used in various industries due to its versatility. Its primary application is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, commonly used in the construction, automotive, and industrial sectors. Additionally, Propylene Glycol is a key component in functional fluids, such as deicing and antifreeze solutions, critical for the aviation and automotive industries. It is also used in plasticizers, hydraulic brake fluids, and non-ionic detergents. Moreover, PG serves as a humectant in pharmaceuticals, cosmetics, animal feed, and tobacco, and is valued for its effectiveness as a solvent and extractant.
Published: 2024-09-21
Pages: 148
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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