Propylene glycol (PG) is a clear, colorless liquid with the consistency of syrup. It is practically odorless and tasteless. It is hygroscopic (attracts water), has low toxicity and outstanding stability, as well as high flash and boiling points, low vapor pressure and broad solvency. In addition, propylene glycol is an excellent solvent for many organic compounds and is completely water-soluble.

Propylene glycol is used by the chemical, food, and pharmaceutical industries as antifreeze when leakage might lead to contact with food. The Food and Drug Administration (FDA) has classified propylene glycol as an additive that is “generally recognized as safe” for use in food. It is used to absorb extra water and maintain moisture in certain medicines, cosmetics, or food products. It is a solvent for food colors and flavors, and in the paint and plastics industries. Propylene glycol is also used to create artificial smoke or fog used in fire-fighting training and in theatrical productions.

The regions of Europe, North America and Asia (ex. China) are the main consumption bases, while Europe holds 21.56% consumption share, North America holds 20.16%, and Asia (ex. China) holds 21.13% consumption share in 2015. They occupy 62.84% of the global consumption in total.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. There will be more new investments entering the field.

According to this study, over the next five years the Propylene Glycol (PG) market will register a 9.1% CAGR in terms of revenue, the global market size will reach US$ 6060 million by 2024, from US$ 3600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Propylene Glycol (PG) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Propylene Glycol (PG) market by product type, application, key manufacturers and key regions and countries.

This study considers the Propylene Glycol (PG) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Industrial Grade

Food Grade

Pharmaceutical Grade

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

UPR

PPG

Pharmaceuticals and Food

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Dow

Huntsman

DuPont (Tate ＆ Lyle )

ADM

Polioles

Lyondell Basell Industries

Repsol

BASF

Oelon

Sumitomo Chemical

Asahi

ADEKA

SKC

Shell

Shandong Shida Shenghua Chemical

Tongling Jintai Chemical

CNOOC and Shell Petrochemicals

Hi-tech Spring Chemical

Daze Group

Shandong Depu Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Propylene Glycol (PG) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Propylene Glycol (PG) market by identifying its various subsegments.

Focuses on the key global Propylene Glycol (PG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Propylene Glycol (PG) with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Propylene Glycol (PG) submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Propylene Glycol (PG) Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Propylene Glycol (PG) Consumption 2014-2024

2.1.2 Propylene Glycol (PG) Consumption CAGR by Region

2.2 Propylene Glycol (PG) Segment by Type

2.2.1 Industrial Grade

2.2.2 Food Grade

2.2.3 Pharmaceutical Grade

2.3 Propylene Glycol (PG) Consumption by Type

2.3.1 Global Propylene Glycol (PG) Consumption Market Share by Type (2014-2019)

2.3.2 Global Propylene Glycol (PG) Revenue and Market Share by Type (2014-2019)

2.3.3 Global Propylene Glycol (PG) Sale Price by Type (2014-2019)

2.4 Propylene Glycol (PG) Segment by Application

2.4.1 UPR

2.4.2 PPG

2.4.3 Pharmaceuticals and Food

2.4.4 Others

2.5 Propylene Glycol (PG) Consumption by Application

2.5.1 Global Propylene Glycol (PG) Consumption Market Share by Application (2014-2019)

2.5.2 Global Propylene Glycol (PG) Value and Market Share by Application (2014-2019)

2.5.3 Global Propylene Glycol (PG) Sale Price by Application (2014-2019)

3 Global Propylene Glycol (PG) by Players

3.1 Global Propylene Glycol (PG) Sales Market Share by Players

3.1.1 Global Propylene Glycol (PG) Sales by Players (2017-2019)

3.1.2 Global Propylene Glycol (PG) Sales Market Share by Players (2017-2019)

3.2 Global Propylene Glycol (PG) Revenue Market Share by Players

3.2.1 Global Propylene Glycol (PG) Revenue by Players (2017-2019)

3.2.2 Global Propylene Glycol (PG) Revenue Market Share by Players (2017-2019)

3.3 Global Propylene Glycol (PG) Sale Price by Players

3.4 Global Propylene Glycol (PG) Manufacturing Base Distribution, Sales Area, Product Types by Players

3.4.1 Global Propylene Glycol (PG) Manufacturing Base Distribution and Sales Area by Players

3.4.2 Players Propylene Glycol (PG) Products Offered

3.5 Market Concentration Rate Analysis

3.5.1 Competition Landscape Analysis

3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

3.6 New Products and Potential Entrants

3.7 Mergers & Acquisitions, Expansion

4 Propylene Glycol (PG) by Regions

4.1 Propylene Glycol (PG) by Regions

4.1.1 Global Propylene Glycol (PG) Consumption by Regions

4.1.2 Global Propylene Glycol (PG) Value by Regions

4.2 Americas Propylene Glycol (PG) Consumption Growth

4.3 APAC Propylene Glycol (PG) Consumption Growth

4.4 Europe Propylene Glycol (PG) Consumption Growth

4.5 Middle East & Africa Propylene Glycol (PG) Consumption Growth

5 Americas

5.1 Americas Propylene Glycol (PG) Consumption by Countries

5.1.1 Americas Propylene Glycol (PG) Consumption by Countries (2014-2019)

5.1.2 Americas Propylene Glycol (PG) Value by Countries (2014-2019)

5.2 Americas Propylene Glycol (PG) Consumption by Type

5.3 Americas Propylene Glycol (PG) Consumption by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Propylene Glycol (PG) Consumption by Countries

6.1.1 APAC Propylene Glycol (PG) Consumption by Countries (2014-2019)

6.1.2 APAC Propylene Glycol (PG) Value by Countries (2014-2019)

6.2 APAC Propylene Glycol (PG) Consumption by Type

6.3 APAC Propylene Glycol (PG) Consumption by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Propylene Glycol (PG) by Countries

7.1.1 Europe Propylene Glycol (PG) Consumption by Countries (2014-2019)

7.1.2 Europe Propylene Glycol (PG) Value by Countries (2014-2019)

7.2 Europe Propylene Glycol (PG) Consumption by Type

7.3 Europe Propylene Glycol (PG) Consumption by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Propylene Glycol (PG) by Countries

8.1.1 Middle East & Africa Propylene Glycol (PG) Consumption by Countries (2014-2019)

8.1.2 Middle East & Africa Propylene Glycol (PG) Value by Countries (2014-2019)

8.2 Middle East & Africa Propylene Glycol (PG) Consumption by Type

8.3 Middle East & Africa Propylene Glycol (PG) Consumption by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Marketing, Distributors and Customer

10.1 Sales Channel

10.1.1 Direct Channels

10.1.2 Indirect Channels

10.2 Propylene Glycol (PG) Distributors

10.3 Propylene Glycol (PG) Customer

11 Global Propylene Glycol (PG) Market Forecast

11.1 Global Propylene Glycol (PG) Consumption Forecast (2019-2024)

11.2 Global Propylene Glycol (PG) Forecast by Regions

11.2.1 Global Propylene Glycol (PG) Forecast by Regions (2019-2024)

11.2.2 Global Propylene Glycol (PG) Value Forecast by Regions (2019-2024)

11.2.3 Americas Consumption Forecast

11.2.4 APAC Consumption Forecast

11.2.5 Europe Consumption Forecast

11.2.6 Middle East & Africa Consumption Forecast

11.3 Americas Forecast by Countries

11.3.1 United States Market Forecast

11.3.2 Canada Market Forecast

11.3.3 Mexico Market Forecast

11.3.4 Brazil Market Forecast

11.4 APAC Forecast by Countries

11.4.1 China Market Forecast

11.4.2 Japan Market Forecast

11.4.3 Korea Market Forecast

11.4.4 Southeast Asia Market Forecast

11.4.5 India Market Forecast

11.4.6 Australia Market Forecast

11.5 Europe Forecast by Countries

11.5.1 Germany Market Forecast

11.5.2 France Market Forecast

11.5.3 UK Market Forecast

11.5.4 Italy Market Forecast

11.5.5 Russia Market Forecast

11.5.6 Spain Market Forecast

11.6 Middle East & Africa Forecast by Countries

11.6.1 Egypt Market Forecast

11.6.2 South Africa Market Forecast

11.6.3 Israel Market Forecast

11.6.4 Turkey Market Forecast

11.6.5 GCC Countries Market Forecast

11.7 Global Propylene Glycol (PG) Forecast by Type

11.8 Global Propylene Glycol (PG) Forecast by Application

12 Key Players Analysis

12.1 Dow

12.1.1 Company Details

12.1.2 Propylene Glycol (PG) Product Offered

12.1.3 Dow Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.1.4 Main Business Overview

12.1.5 Dow News

12.2 Huntsman

12.2.1 Company Details

12.2.2 Propylene Glycol (PG) Product Offered

12.2.3 Huntsman Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.2.4 Main Business Overview

12.2.5 Huntsman News

12.3 DuPont (Tate ＆ Lyle )

12.3.1 Company Details

12.3.2 Propylene Glycol (PG) Product Offered

12.3.3 DuPont (Tate ＆ Lyle ) Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.3.4 Main Business Overview

12.3.5 DuPont (Tate ＆ Lyle ) News

12.4 ADM

12.4.1 Company Details

12.4.2 Propylene Glycol (PG) Product Offered

12.4.3 ADM Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.4.4 Main Business Overview

12.4.5 ADM News

12.5 Polioles

12.5.1 Company Details

12.5.2 Propylene Glycol (PG) Product Offered

12.5.3 Polioles Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.5.4 Main Business Overview

12.5.5 Polioles News

12.6 Lyondell Basell Industries

12.6.1 Company Details

12.6.2 Propylene Glycol (PG) Product Offered

12.6.3 Lyondell Basell Industries Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.6.4 Main Business Overview

12.6.5 Lyondell Basell Industries News

12.7 Repsol

12.7.1 Company Details

12.7.2 Propylene Glycol (PG) Product Offered

12.7.3 Repsol Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.7.4 Main Business Overview

12.7.5 Repsol News

12.8 BASF

12.8.1 Company Details

12.8.2 Propylene Glycol (PG) Product Offered

12.8.3 BASF Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.8.4 Main Business Overview

12.8.5 BASF News

12.9 Oelon

12.9.1 Company Details

12.9.2 Propylene Glycol (PG) Product Offered

12.9.3 Oelon Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.9.4 Main Business Overview

12.9.5 Oelon News

12.10 Sumitomo Chemical

12.10.1 Company Details

12.10.2 Propylene Glycol (PG) Product Offered

12.10.3 Sumitomo Chemical Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)

12.10.4 Main Business Overview

12.10.5 Sumitomo Chemical News

12.11 Asahi

12.12 ADEKA

12.13 SKC

12.14 Shell

12.15 Shandong Shida Shenghua Chemical

12.16 Tongling Jintai Chemical

12.17 CNOOC and Shell Petrochemicals

12.18 Hi-tech Spring Chemical

12.19 Daze Group

12.20 Shandong Depu Chemical

13 Research Findings and Conclusion

List of Tables and Figures

Figure Picture of Propylene Glycol (PG)

Table Product Specifications of Propylene Glycol (PG)

Figure Propylene Glycol (PG) Report Years Considered