Industry: Chemical & Material
Published Date: 2025-02-07
Pages: 134 Pages
Report ld: 3427350
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1,2-Propandiol Market Size(US$)

CAGR 2025-2031
1.9%
Market Size,2031
USD 7,160
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for 1,2-Propandiol 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.
1, 2-Propandiol, also known as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. 1, 2-Propandiol is highly versatile and finds extensive applications across various industries. Its primary use is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely used in construction, automotive, and industrial sectors. Additionally, 1, 2-Propandiol is commonly used in functional fluids, such as deicing and antifreeze agents, vital to the aviation and automotive industries. Beyond that, it is an ingredient in plasticizers, hydraulic brake fluids, and non-ionic detergents, and serves as a humectant in the pharmaceutical, cosmetic, animal feed, and tobacco industries. Furthermore, 1, 2-Propandiol acts as a highly effective solvent and extractant.
The global production of 1, 2-Propandiol is dominated by key players such as Dow, LyondellBasell, INEOS, BASF, and ADM, with the top five manufacturers controlling over 60% of the global market share. The European Union is the largest regional market, accounting for more than 25% of global consumption, driven by its demand in surface coatings and reinforced resins. The United States and China also play significant roles in the market, with both regions together accounting for over 35% of the total global demand. Industrial-grade 1, 2-Propandiol is the most widely produced and consumed type, making up about 75% of total production due to its broad use in various industrial processes, especially in UPR manufacturing.
In terms of future trends, 1, 2-Propandiol is expected to see continued growth in the unsaturated polyester resin (UPR) market, as demand increases in industries like construction, automotive, and surface coatings. Additionally, the cosmetics, pharmaceutical, and food industries are forecasted to expand their use of 1, 2-Propandiol, particularly as a humectant, as the trend toward sustainable and eco-friendly products gains momentum. With stricter environmental regulations globally, manufacturers are likely to invest in more sustainable production processes for 1, 2-Propandiol, further enhancing its market position. Its versatility and wide range of applications ensure continued demand across both mature and emerging markets.
This report aims to provide a comprehensive presentation of the global market for 1,2-Propandiol, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of 1,2-Propandiol by region & country, by Type, and by Application.
The 1,2-Propandiol market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 1,2-Propandiol.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of 1,2-Propandiol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of 1,2-Propandiol in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of 1,2-Propandiol in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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:
We identify regional market threats and growth prospects to guide your overseas layout.
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TABLE OF CONTENTS
1 Market Overview
1.1 1,2-Propandiol Product Introduction
1.2 Global 1,2-Propandiol Market Size Forecast
1.2.1 Global 1,2-Propandiol Sales Value (2020-2031)
1.2.2 Global 1,2-Propandiol Sales Volume (2020-2031)
1.2.3 Global 1,2-Propandiol Sales Price (2020-2031)
1.3 1,2-Propandiol Market Trends & Drivers
1.3.1 1,2-Propandiol Industry Trends
1.3.2 1,2-Propandiol Market Drivers & Opportunity
1.3.3 1,2-Propandiol Market Challenges
1.3.4 1,2-Propandiol Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global 1,2-Propandiol Players Revenue Ranking (2024)
2.2 Global 1,2-Propandiol Revenue by Company (2020-2025)
2.3 Global 1,2-Propandiol Players Sales Volume Ranking (2024)
2.4 Global 1,2-Propandiol Sales Volume by Company Players (2020-2025)
2.5 Global 1,2-Propandiol Average Price by Company (2020-2025)
2.6 Key Manufacturers 1,2-Propandiol Manufacturing Base and Headquarters
2.7 Key Manufacturers 1,2-Propandiol Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of 1,2-Propandiol
2.9 1,2-Propandiol Market Competitive Analysis
2.9.1 1,2-Propandiol Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by 1,2-Propandiol Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 1,2-Propandiol as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Hydration
3.1.2 Transesterification
3.1.3 Biosynthesis
3.2 Global 1,2-Propandiol Sales Value by Type
3.2.1 Global 1,2-Propandiol Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global 1,2-Propandiol Sales Value, by Type (2020-2031)
3.2.3 Global 1,2-Propandiol Sales Value, by Type (%) (2020-2031)
3.3 Global 1,2-Propandiol Sales Volume by Type
3.3.1 Global 1,2-Propandiol Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global 1,2-Propandiol Sales Volume, by Type (2020-2031)
3.3.3 Global 1,2-Propandiol Sales Volume, by Type (%) (2020-2031)
3.4 Global 1,2-Propandiol Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Unsaturated Polyester Resins (UPR)
4.1.2 Functional Fluids
4.1.3 Cosmetics, Pharmaceutics and Food
4.1.4 Liquid Detergents
4.1.5 Others
4.2 Global 1,2-Propandiol Sales Value by Application
4.2.1 Global 1,2-Propandiol Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global 1,2-Propandiol Sales Value, by Application (2020-2031)
4.2.3 Global 1,2-Propandiol Sales Value, by Application (%) (2020-2031)
4.3 Global 1,2-Propandiol Sales Volume by Application
4.3.1 Global 1,2-Propandiol Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global 1,2-Propandiol Sales Volume, by Application (2020-2031)
4.3.3 Global 1,2-Propandiol Sales Volume, by Application (%) (2020-2031)
4.4 Global 1,2-Propandiol Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global 1,2-Propandiol Sales Value by Region
5.1.1 Global 1,2-Propandiol Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global 1,2-Propandiol Sales Value by Region (2020-2025)
5.1.3 Global 1,2-Propandiol Sales Value by Region (2026-2031)
5.1.4 Global 1,2-Propandiol Sales Value by Region (%), (2020-2031)
5.2 Global 1,2-Propandiol Sales Volume by Region
5.2.1 Global 1,2-Propandiol Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global 1,2-Propandiol Sales Volume by Region (2020-2025)
5.2.3 Global 1,2-Propandiol Sales Volume by Region (2026-2031)
5.2.4 Global 1,2-Propandiol Sales Volume by Region (%), (2020-2031)
5.3 Global 1,2-Propandiol Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America 1,2-Propandiol Sales Value, 2020-2031
5.4.2 North America 1,2-Propandiol Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe 1,2-Propandiol Sales Value, 2020-2031
5.5.2 Europe 1,2-Propandiol Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific 1,2-Propandiol Sales Value, 2020-2031
5.6.2 Asia Pacific 1,2-Propandiol Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America 1,2-Propandiol Sales Value, 2020-2031
5.7.2 South America 1,2-Propandiol Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa 1,2-Propandiol Sales Value, 2020-2031
5.8.2 Middle East & Africa 1,2-Propandiol Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions 1,2-Propandiol Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions 1,2-Propandiol Sales Value
6.2.1 Key Countries/Regions 1,2-Propandiol Sales Value, 2020-2031
6.2.2 Key Countries/Regions 1,2-Propandiol Sales Volume, 2020-2031
6.3 United States
6.3.1 United States 1,2-Propandiol Sales Value, 2020-2031
6.3.2 United States 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.3.3 United States 1,2-Propandiol Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe 1,2-Propandiol Sales Value, 2020-2031
6.4.2 Europe 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe 1,2-Propandiol Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China 1,2-Propandiol Sales Value, 2020-2031
6.5.2 China 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.5.3 China 1,2-Propandiol Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan 1,2-Propandiol Sales Value, 2020-2031
6.6.2 Japan 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan 1,2-Propandiol Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea 1,2-Propandiol Sales Value, 2020-2031
6.7.2 South Korea 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea 1,2-Propandiol Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia 1,2-Propandiol Sales Value, 2020-2031
6.8.2 Southeast Asia 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia 1,2-Propandiol Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India 1,2-Propandiol Sales Value, 2020-2031
6.9.2 India 1,2-Propandiol Sales Value by Type (%), 2024 VS 2031
6.9.3 India 1,2-Propandiol Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Dow
7.1.1 Dow Company Information
7.1.2 Dow Introduction and Business Overview
7.1.3 Dow 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Dow 1,2-Propandiol Product Offerings
7.1.5 Dow Recent Development
7.2 Lyondell Basell
7.2.1 Lyondell Basell Company Information
7.2.2 Lyondell Basell Introduction and Business Overview
7.2.3 Lyondell Basell 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Lyondell Basell 1,2-Propandiol Product Offerings
7.2.5 Lyondell Basell Recent Development
7.3 Indorama (Huntsman)
7.3.1 Indorama (Huntsman) Company Information
7.3.2 Indorama (Huntsman) Introduction and Business Overview
7.3.3 Indorama (Huntsman) 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Indorama (Huntsman) 1,2-Propandiol Product Offerings
7.3.5 Indorama (Huntsman) Recent Development
7.4 ADM
7.4.1 ADM Company Information
7.4.2 ADM Introduction and Business Overview
7.4.3 ADM 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 ADM 1,2-Propandiol Product Offerings
7.4.5 ADM Recent Development
7.5 INEOS
7.5.1 INEOS Company Information
7.5.2 INEOS Introduction and Business Overview
7.5.3 INEOS 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 INEOS 1,2-Propandiol Product Offerings
7.5.5 INEOS Recent Development
7.6 BASF
7.6.1 BASF Company Information
7.6.2 BASF Introduction and Business Overview
7.6.3 BASF 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 BASF 1,2-Propandiol Product Offerings
7.6.5 BASF Recent Development
7.7 Repsol
7.7.1 Repsol Company Information
7.7.2 Repsol Introduction and Business Overview
7.7.3 Repsol 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Repsol 1,2-Propandiol Product Offerings
7.7.5 Repsol Recent Development
7.8 SKC
7.8.1 SKC Company Information
7.8.2 SKC Introduction and Business Overview
7.8.3 SKC 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 SKC 1,2-Propandiol Product Offerings
7.8.5 SKC Recent Development
7.9 Shell
7.9.1 Shell Company Information
7.9.2 Shell Introduction and Business Overview
7.9.3 Shell 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Shell 1,2-Propandiol Product Offerings
7.9.5 Shell Recent Development
7.10 Anhui Tongling Jintai
7.10.1 Anhui Tongling Jintai Company Information
7.10.2 Anhui Tongling Jintai Introduction and Business Overview
7.10.3 Anhui Tongling Jintai 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Anhui Tongling Jintai 1,2-Propandiol Product Offerings
7.10.5 Anhui Tongling Jintai Recent Development
7.11 Shandong Shida Shenghua Chemical Co., Ltd.
7.11.1 Shandong Shida Shenghua Chemical Co., Ltd. Company Information
7.11.2 Shandong Shida Shenghua Chemical Co., Ltd. Introduction and Business Overview
7.11.3 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propandiol Product Offerings
7.11.5 Shandong Shida Shenghua Chemical Co., Ltd. Recent Development
7.12 CNOOC Shell Petrochemical
7.12.1 CNOOC Shell Petrochemical Company Information
7.12.2 CNOOC Shell Petrochemical Introduction and Business Overview
7.12.3 CNOOC Shell Petrochemical 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 CNOOC Shell Petrochemical 1,2-Propandiol Product Offerings
7.12.5 CNOOC Shell Petrochemical Recent Development
7.13 Haike Xinyuan
7.13.1 Haike Xinyuan Company Information
7.13.2 Haike Xinyuan Introduction and Business Overview
7.13.3 Haike Xinyuan 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Haike Xinyuan 1,2-Propandiol Product Offerings
7.13.5 Haike Xinyuan Recent Development
7.14 Daze Chemical
7.14.1 Daze Chemical Company Information
7.14.2 Daze Chemical Introduction and Business Overview
7.14.3 Daze Chemical 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Daze Chemical 1,2-Propandiol Product Offerings
7.14.5 Daze Chemical Recent Development
7.15 Depp Technology
7.15.1 Depp Technology Company Information
7.15.2 Depp Technology Introduction and Business Overview
7.15.3 Depp Technology 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Depp Technology 1,2-Propandiol Product Offerings
7.15.5 Depp Technology Recent Development
7.16 Ningbo Zhetie Dafeng Chemical Co., Ltd.
7.16.1 Ningbo Zhetie Dafeng Chemical Co., Ltd. Company Information
7.16.2 Ningbo Zhetie Dafeng Chemical Co., Ltd. Introduction and Business Overview
7.16.3 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propandiol Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propandiol Product Offerings
7.16.5 Ningbo Zhetie Dafeng Chemical Co., Ltd. Recent Development
8 Industry Chain Analysis
8.1 1,2-Propandiol Industrial Chain
8.2 1,2-Propandiol Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 1,2-Propandiol Sales Model
8.5.2 Sales Channel
8.5.3 1,2-Propandiol Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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1, 2-Propandiol, also known as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. 1, 2-Propandiol is highly versatile and finds extensive applications across various industries. Its primary use is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely used in construction, automotive, and industrial sectors. Additionally, 1, 2-Propandiol is commonly used in functional fluids, such as deicing and antifreeze agents, vital to the aviation and automotive industries. Beyond that, it is an ingredient in plasticizers, hydraulic brake fluids, and non-ionic detergents, and serves as a humectant in the pharmaceutical, cosmetic, animal feed, and tobacco industries. Furthermore, 1, 2-Propandiol acts as a highly effective solvent and extractant.
Published: 2024-09-21
Pages: 147
1, 2-Propandiol, also known as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. 1, 2-Propandiol is highly versatile and finds extensive applications across various industries. Its primary use is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely used in construction, automotive, and industrial sectors. Additionally, 1, 2-Propandiol is commonly used in functional fluids, such as deicing and antifreeze agents, vital to the aviation and automotive industries. Beyond that, it is an ingredient in plasticizers, hydraulic brake fluids, and non-ionic detergents, and serves as a humectant in the pharmaceutical, cosmetic, animal feed, and tobacco industries. Furthermore, 1, 2-Propandiol acts as a highly effective solvent and extractant.
Published: 2024-09-21
Pages: 179
1, 2-Propandiol, also known as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. 1, 2-Propandiol is highly versatile and finds extensive applications across various industries. Its primary use is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely used in construction, automotive, and industrial sectors. Additionally, 1, 2-Propandiol is commonly used in functional fluids, such as deicing and antifreeze agents, vital to the aviation and automotive industries. Beyond that, it is an ingredient in plasticizers, hydraulic brake fluids, and non-ionic detergents, and serves as a humectant in the pharmaceutical, cosmetic, animal feed, and tobacco industries. Furthermore, 1, 2-Propandiol acts as a highly effective solvent and extractant.
Published: 2024-09-21
Pages: 147
1, 2-Propandiol, also known as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. 1, 2-Propandiol is highly versatile and finds extensive applications across various industries. Its primary use is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely used in construction, automotive, and industrial sectors. Additionally, 1, 2-Propandiol is commonly used in functional fluids, such as deicing and antifreeze agents, vital to the aviation and automotive industries. Beyond that, it is an ingredient in plasticizers, hydraulic brake fluids, and non-ionic detergents, and serves as a humectant in the pharmaceutical, cosmetic, animal feed, and tobacco industries. Furthermore, 1, 2-Propandiol acts as a highly effective solvent and extractant.
Published: 2024-09-21
Pages: 110
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