 Global 1,2-Propanediol Market Insights, Forecast to 2025
      Global 1,2-Propanediol Market Insights, Forecast to 20251, 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.
The primary outlet for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are used in surface coatings and glass fiber-reinforced resins. The second-largest consumer is functional fluids such as deicing and antifreeze. 1, 2-Propanediol is also used in plasticizers and hydraulic brake fluids. Other uses are in non-ionic detergents and as a humectant in the pharmaceutical, cosmetics, animal foodstuffs and tobacco industries. It is also an excellent solvent and extractant.
1, 2-Propanediol which usually called as propylene glycol (PG) is a kind of bulk petrochemical that has been found widely used to produce unsaturated polyester resins (UPR), functional fluids, cosmetics, pharmaceutics and food, liquid detergents, etc. Unsaturated polyester resins are the largest market of 1, 2-Propanediol, with a global consumption market share of 35.73%. The market share is higher in developing areas like China. The demand of functional fluids is stable, with its major market founded in Europe and North America. 
The market of 1, 2-Propanediol is quite concentrated, with the top four companies take 53.93% of global market in 2015. Leading players in this industry are Dow, Lyondell Basell, Huntsman, INEOS, BASF, ADM, Sumitomo Chemical (Nihon Oxirane), SKC, etc, among which. Dow dominate the market in North America and Europe with a market share of 31.44% and five global manufacturing facilities include Stade plant, one of the world’s largest capacity plants. 
The global market of 1, 2-Propanediol has been faced with overcapacity for quite a few years, which is especially severe in China. The average capacity utilization rate in China can hardly reach 60% for the years. However, in the further, the market of 1, 2-Propanediol would be expected to be promising due to adjustment of industrial structure and surging demand in food and pharmaceutical areas. 
Global 1,2-Propanediol market size will increase to 5220 Million US$ by 2025, from 3910 Million US$ in 2018, at a CAGR of 3.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for 1,2-Propanediol.
This report researches the worldwide 1,2-Propanediol market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global 1,2-Propanediol breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
    Dow
    Lyondell Basell
    Huntsman
    INEOS
    BASF
    ADM
    Sumitomo Chemical (Nihon Oxirane)
    SKC
    Repsol
    Asahi Kasei
    Shell
    Tongling Jintai Chemical
    Shandong Shida Shenghua Chemical
    CNOOC and Shell Petrochemicals
    Hi-tech Spring Chemical
    Daze Group
    Shandong Depu Chemical
1,2-Propanediol Breakdown Data by Type
    Industrial Grade
    Food Grade
    Pharmaceutical Grade
1,2-Propanediol Breakdown Data by Application
    Unsaturated Polyester Resins (UPR)
    Functional Fluids
    Cosmetics, Pharmaceutics and Food
    Liquid Detergents
    Others
1,2-Propanediol Production Breakdown Data by Region
    United States
    Europe
    China
    Japan
    Other Regions
1,2-Propanediol Consumption Breakdown Data by Region
    North America
        United States
        Canada
        Mexico
    Asia-Pacific
        China
        India
        Japan
        South Korea
        Australia
        Indonesia
        Malaysia
        Philippines
        Thailand
        Vietnam
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Rest of Europe
    Central & South America
        Brazil
        Rest of South America
    Middle East & Africa
        GCC Countries
        Turkey
        Egypt
        South Africa
        Rest of Middle East & Africa
The study objectives are:
    To analyze and research the global 1,2-Propanediol capacity, production, value, consumption, status and forecast;
    To focus on the key 1,2-Propanediol manufacturers and study the capacity, production, value, market share and development plans in next few years.
    To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
    To define, describe and forecast the market by type, application and region.
    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
    To identify significant trends and factors driving or inhibiting the market growth.
    To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
    To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
    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.
In this study, the years considered to estimate the market size of 1,2-Propanediol :
    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary: 
Get latest Market Research Reports on  1,2-Propanediol . Industry analysis & Market Report on  1,2-Propanediol  is a syndicated market report, published as Global 1,2-Propanediol Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of  1,2-Propanediol  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.