1,2-Propylene Glycol Market Growth and Forecast till 2030
Posted on Mar 28 2023 6:22 AM
The "1,2-Propylene Glycol Market" Study Describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about 1,2-Propylene Glycol Industry is its growth rate. Many major technology players are [Dow, Lyondell Basell, Huntsman, ADM, INEOS, BASF, Repsol, Sumitomo Chem, Asahi Kasei, SKC, Shell, Shandong Shida Shenghua, CNOOC & Shell Petrochem, Hi-tech Spring Chem, Daze Group, Shandong Depu Chem] have been looking into 1,2-Propylene Glycol as a way to increase their market share and reach towards consumers.
Number of Tables and Figures : 151
What is the 1,2-Propylene Glycol market growth?
1,2-Propylene Glycol Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2023, at unexpected CAGR during the forecast Period 2023-2028.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 117 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the 1,2-Propylene Glycol market?
Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and in Chapters, we elaborate at full length on the impact of the pandemic and the war on the 1,2-Propylene Glycol Industry
Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this 1,2-Propylene Glycol Industry.
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This research report is the result of an extensive primary and secondary research effort into the 1,2-Propylene Glycol market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the 1,2-Propylene Glycol Market.
Which are the driving factors of the 1,2-Propylene Glycol market?
Growing demand for [Unsaturated Polyester Resins (UPR), Functional Fluids, Cosmetics, Pharmaceutics and Food, Liquid Detergents] around the world has had a direct impact on the growth of the 1,2-Propylene Glycol
The 1,2-Propylene Glycol segments and sub-section of the market are illuminated below:
Based on Product Types the Market is categorized into [Industrial Grade 1,2-Propylene Glycol, Food Grade 1,2-Propylene Glycol, Pharmaceutical Grade 1,2-Propylene Glycol] that held the largest 1,2-Propylene Glycol market share In 2022.
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1,2-Propylene Glycol Market - Competitive and Segmentation Analysis:
2.How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Short Description About 1,2-Propylene Glycol Market:
The Global 1,2-Propylene Glycol market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
Market Analysis and Insights: Global 1,2-Propylene Glycol Market
Due to the COVID-19 pandemic, the global 1,2-Propylene Glycol market size is estimated to be worth USD 3765.4 million in 2021 and is forecast to a readjusted size of USD 4243 million by 2028 with a CAGR of 1.7Percent during the forecast period 2022-2028.
Europe is the largest market with about 30Percent market share. USA is follower, accounting for about 27Percent market share.
The key players are Dow, Lyondell Basell, Huntsman, ADM, INEOS, BASF, Repsol, Sumitomo Chem, Asahi Kasei, SKC, Shell, Shandong Shida Shenghua, CNOOC & Shell Petrochem, Hi-tech Spring Chem, Daze Group, Shandong Depu Chem etc. Dow is the largest manufacturer with about 28Percent market share.
Global 1,2-Propylene Glycol Scope and Market Size
The global 1,2-Propylene Glycol market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global 1,2-Propylene Glycol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
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3.What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2027) of the following regions are covered in Chapters:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This 1,2-Propylene Glycol Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the 1,2-Propylene Glycol market? Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in 1,2-Propylene Glycol? What are the upcoming industry applications and trends for 1,2-Propylene Glycol market?
- What Are Projections of Global 1,2-Propylene Glycol Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of 1,2-Propylene Glycol? What are the raw materials used for 1,2-Propylene Glycol manufacturing?
- How big is the opportunity for the 1,2-Propylene Glycol market? How will the increasing adoption of 1,2-Propylene Glycol for mining impact the growth rate of the overall market?
- How much is the global 1,2-Propylene Glycol market worth? What was the value of the market In 2022?
- Who are the major players operating in the 1,2-Propylene Glycol market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for 1,2-Propylene Glycol Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global 1,2-Propylene Glycol Market Insights and Forecast to 2028
Major Points from Table of Contents
Global 1,2-Propylene Glycol Market Research Report 2023-2028, by Manufacturers, Regions, Types and Applications
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
1.4 Years Considered for the Study (2015-2028)
1.5 Currency Considered (U.S. Dollar)
2 Key Findings of the Study
3 Market Dynamics
3.1 Driving Factors for this Market
3.2 Factors Challenging the Market
3.3 Opportunities of the Global 1,2-Propylene Glycol Market (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and Market Developments in the 1,2-Propylene Glycol Market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis
4 Value Chain of the 1,2-Propylene Glycol Market
4.1 Value Chain Status
4.2 Upstream Raw Material Analysis
4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
4.5 Downstream Major Customer Analysis (by Region)
5 Global 1,2-Propylene Glycol Market-Segmentation by Type
6 Global 1,2-Propylene Glycol Market-Segmentation by Application
7 Global 1,2-Propylene Glycol Market-Segmentation by Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel
8 Competitive Intelligence Company Profiles
9 Global 1,2-Propylene Glycol Market-Segmentation by Geography
9.1 North America
9.4 Latin America
9.5 Middle East and Africa
10 Future Forecast of the Global 1,2-Propylene Glycol Market from 2023-2028
10.1 Future Forecast of the Global 1,2-Propylene Glycol Market from 2023-2028 Segment by Region
10.2 Global 1,2-Propylene Glycol Production and Growth Rate Forecast by Type (2023-2028)
10.3 Global 1,2-Propylene Glycol Consumption and Growth Rate Forecast by Application (2023-2028)
12.2 Research Data Source
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