1,2-Propylene Glycol Market Report – Research, Industry Analysis Reports and Market Demands

Global 1,2-Propylene Glycol Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global 1,2-Propylene Glycol Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Hydration
- 1.3.3 Transesterification
- 1.3.4 Biosynthesis
1.4 Market Analysis by Application
- 1.4.1 Overview: Global 1,2-Propylene Glycol Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Unsaturated Polyester Resins (UPR)
- 1.4.3 Functional Fluids
- 1.4.4 Cosmetics, Pharmaceutics and Food
- 1.4.5 Liquid Detergents
1.5 Global 1,2-Propylene Glycol Market Size & Forecast
- 1.5.1 Global 1,2-Propylene Glycol Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global 1,2-Propylene Glycol Sales Quantity (2020-2031)
- 1.5.3 Global 1,2-Propylene Glycol Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: 1,2-Propylene Glycol by Manufacturer

3.1 Global 1,2-Propylene Glycol Sales Quantity by Manufacturer (2020-2025)
3.2 Global 1,2-Propylene Glycol Revenue by Manufacturer (2020-2025)
3.3 Global 1,2-Propylene Glycol Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of 1,2-Propylene Glycol by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 1,2-Propylene Glycol Manufacturer Market Share in 2024
- 3.4.3 Top 6 1,2-Propylene Glycol Manufacturer Market Share in 2024
3.5 1,2-Propylene Glycol Market: Overall Company Footprint Analysis
- 3.5.1 1,2-Propylene Glycol Market: Region Footprint
- 3.5.2 1,2-Propylene Glycol Market: Company Product Type Footprint
- 3.5.3 1,2-Propylene Glycol Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global 1,2-Propylene Glycol Market Size by Region
- 4.1.1 Global 1,2-Propylene Glycol Sales Quantity by Region (2020-2031)
- 4.1.2 Global 1,2-Propylene Glycol Consumption Value by Region (2020-2031)
- 4.1.3 Global 1,2-Propylene Glycol Average Price by Region (2020-2031)
4.2 North America 1,2-Propylene Glycol Consumption Value (2020-2031)
4.3 Europe 1,2-Propylene Glycol Consumption Value (2020-2031)
4.4 Asia-Pacific 1,2-Propylene Glycol Consumption Value (2020-2031)
4.5 South America 1,2-Propylene Glycol Consumption Value (2020-2031)
4.6 Middle East & Africa 1,2-Propylene Glycol Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global 1,2-Propylene Glycol Sales Quantity by Type (2020-2031)
5.2 Global 1,2-Propylene Glycol Consumption Value by Type (2020-2031)
5.3 Global 1,2-Propylene Glycol Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global 1,2-Propylene Glycol Sales Quantity by Application (2020-2031)
6.2 Global 1,2-Propylene Glycol Consumption Value by Application (2020-2031)
6.3 Global 1,2-Propylene Glycol Average Price by Application (2020-2031)

7 North America

7.1 North America 1,2-Propylene Glycol Sales Quantity by Type (2020-2031)
7.2 North America 1,2-Propylene Glycol Sales Quantity by Application (2020-2031)
7.3 North America 1,2-Propylene Glycol Market Size by Country
- 7.3.1 North America 1,2-Propylene Glycol Sales Quantity by Country (2020-2031)
- 7.3.2 North America 1,2-Propylene Glycol Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe 1,2-Propylene Glycol Sales Quantity by Type (2020-2031)
8.2 Europe 1,2-Propylene Glycol Sales Quantity by Application (2020-2031)
8.3 Europe 1,2-Propylene Glycol Market Size by Country
- 8.3.1 Europe 1,2-Propylene Glycol Sales Quantity by Country (2020-2031)
- 8.3.2 Europe 1,2-Propylene Glycol Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific 1,2-Propylene Glycol Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific 1,2-Propylene Glycol Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific 1,2-Propylene Glycol Market Size by Region
- 9.3.1 Asia-Pacific 1,2-Propylene Glycol Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific 1,2-Propylene Glycol Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America 1,2-Propylene Glycol Sales Quantity by Type (2020-2031)
10.2 South America 1,2-Propylene Glycol Sales Quantity by Application (2020-2031)
10.3 South America 1,2-Propylene Glycol Market Size by Country
- 10.3.1 South America 1,2-Propylene Glycol Sales Quantity by Country (2020-2031)
- 10.3.2 South America 1,2-Propylene Glycol Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa 1,2-Propylene Glycol Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa 1,2-Propylene Glycol Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa 1,2-Propylene Glycol Market Size by Country
- 11.3.1 Middle East & Africa 1,2-Propylene Glycol Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa 1,2-Propylene Glycol Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 1,2-Propylene Glycol Market Drivers
12.2 1,2-Propylene Glycol Market Restraints
12.3 1,2-Propylene Glycol Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of 1,2-Propylene Glycol and Key Manufacturers
13.2 Manufacturing Costs Percentage of 1,2-Propylene Glycol
13.3 1,2-Propylene Glycol Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 1,2-Propylene Glycol Typical Distributors
14.3 1,2-Propylene Glycol Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global 1,2-Propylene Glycol market size was valued at US$ 6470 million in 2024 and is forecast to a readjusted size of USD 7348 million by 2031 with a CAGR of 1.9% during review period.
1, 2-Propylene Glycol, commonly 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-Propylene Glycol is widely used across various industries due to its versatile properties. The primary use of 1, 2-Propylene Glycol is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, commonly applied in construction, automotive, and other industrial sectors. Its second-largest application is in functional fluids, such as deicing and antifreeze solutions, critical for the aviation and automotive industries. Additionally, 1, 2-Propylene Glycol is used in the formulation of plasticizers, hydraulic brake fluids, and non-ionic detergents. It also serves as a humectant in pharmaceuticals, cosmetics, animal feed, and tobacco, and acts as a highly effective solvent and extractant.
1, 2-Propylene Glycol is produced primarily by leading global manufacturers such as Dow, LyondellBasell, INEOS, BASF, and ADM, with the top five producers controlling over 60% of the global market. The European Union is the largest market for 1, 2-Propylene Glycol, accounting for more than 25% of global consumption. This is driven by the demand in surface coatings and reinforced resins. The United States and China are also key players in the market, collectively holding over 35% of global demand. The industrial-grade variety of 1, 2-Propylene Glycol is the most significant product segment, making up about 75% of total production due to its extensive use in industrial processes, especially in UPR manufacturing.
In the future, the primary growth driver for 1, 2-Propylene Glycol will continue to be its application in unsaturated polyester resins, as industries such as automotive, construction, and coatings expand. Additionally, there is an increasing demand for 1, 2-Propylene Glycol in cosmetics, pharmaceuticals, and food sectors, where it is used as a humectant, owing to growing consumer demand for environmentally friendly and sustainable products. As global environmental regulations become stricter, manufacturers of 1, 2-Propylene Glycol are expected to invest in greener and more sustainable production processes. This, combined with the chemical’s versatility across multiple industries, will ensure continued market growth in both developed and emerging regions.
This report is a detailed and comprehensive analysis for global 1,2-Propylene Glycol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global 1,2-Propylene Glycol market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global 1,2-Propylene Glycol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global 1,2-Propylene Glycol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global 1,2-Propylene Glycol market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 1,2-Propylene Glycol
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global 1,2-Propylene Glycol market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
1,2-Propylene Glycol market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hydration
Transesterification
Biosynthesis
Market segment by Application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Major players covered
Dow
Lyondell Basell
Indorama (Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
Anhui Tongling Jintai
Shandong Shida Shenghua Chemical Co., Ltd.
CNOOC Shell Petrochemical
Haike Xinyuan
Daze Chemical
Depp Technology
Ningbo Zhetie Dafeng Chemical Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 1,2-Propylene Glycol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 1,2-Propylene Glycol, with price, sales quantity, revenue, and global market share of 1,2-Propylene Glycol from 2020 to 2025.
Chapter 3, the 1,2-Propylene Glycol competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 1,2-Propylene Glycol breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and 1,2-Propylene Glycol market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of 1,2-Propylene Glycol.
Chapter 14 and 15, to describe 1,2-Propylene Glycol sales channel, distributors, customers, research findings and conclusion.

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