According to our (Global Info Research) latest study, the global Poly Propylene Glycol market size was valued at US$ 1969 million in 2025 and is forecast to a readjusted size of US$ 2421 million by 2032 with a CAGR of 3.0% during review period.
Polypropylene glycol (PPG) is a polyether polymer obtained by polymerizing propylene oxide. It typically refers to low to medium molecular weight polypropylene oxide polymers with predominantly hydroxyl end groups. Its molecular formula can be expressed as a polymer of repeating units. The terminal hydroxyl groups endow it with reactivity, allowing it to be used for further esterification/etherification or as a polyol raw material in polyurethane and other systems. PPG exists in various forms, from transparent viscous liquids to waxy solids, depending on its molecular weight. It is widely used to improve lubrication, plasticize, retain moisture, and as a building block monomer for soft segments in polyurethane foams, solving problems related to viscosity adjustment, lubrication and cooling, processability, and foam performance stability in formulations. The average price of this product is approximately US$2,600 per ton, with global sales of approximately 736,000 tons.
Polypropylene glycol (PPG) is mainly classified into the following types: PPG Average Mn ~200-1500, PPG Average Mn ~1500-3000, and PPG Average Mn > 3000. PPG with an average Mn of ~200-1500 is the most widely used type, accounting for approximately 50% of total production. PPG has a wide range of applications, such as intermediates, solvents, skincare products, and cosmetics. Upstream, propylene oxide (PO) is prepared via a propylene and hydrogen peroxide derivatization route, and PPGs of different molecular weights are formed through anionic/cationic polymerization. Key parameters include molecular weight distribution (Mw/Mn), terminal hydroxyl value (mg KOH/g), water content, and ash content. Midstream manufacturers produce PPGs of different grades and functionalized terminal groups through continuous/batch polymerization and refining (dehydration, low residual monomer). Downstream, PPGs are selected based on molecular weight and hydroxyl value in PU foams, lubricating PAGs, and personal care formulations, emphasizing low VOCs and sustainability. Future trends include bio-based/low-carbon PPG, digital matching of formulations with MDI/TDI systems, and expansion into high-purity, low-impurity electronic and pharmaceutical excipient grades.
This report is a detailed and comprehensive analysis for global Poly Propylene Glycol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Poly Propylene Glycol market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Poly Propylene Glycol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Poly Propylene Glycol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Poly Propylene Glycol market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2021-2026
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 Poly 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 Poly 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 KKPC, Mitsui Chemical, BASF, Dow, AGC, Shell, Covestro, Ineos, Sanyo Chemical, Jiangsu Haian Petrochemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Poly Propylene Glycol market is split by Type and by Application. For the period 2021-2032, 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
PPG Average Mn ~200-1500
PPG Average Mn ~1500-3000
PPG Average Mn above 3000
Market segment by Source
Petroleum-Based PPG
Some Bio-Based PPG
Market segment by Application Grade
Industrial Grade
Pharmaceutical/Food Grade
Electronic/High Purity Grade
Market segment by Application
Intermediate
Solvent
Skin Care and Cosmetics
Others
Major players covered
KKPC
Mitsui Chemical
BASF
Dow
AGC
Shell
Covestro
Ineos
Sanyo Chemical
Jiangsu Haian Petrochemical
Zhejiang Huangma
Huntsman
SKC
Microworks America
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 Poly Propylene Glycol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Poly Propylene Glycol, with price, sales quantity, revenue, and global market share of Poly Propylene Glycol from 2021 to 2026.
Chapter 3, the Poly Propylene Glycol competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Poly Propylene Glycol breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
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 2021 to 2032.
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 2021 to 2026.and Poly Propylene Glycol market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
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 Poly Propylene Glycol.
Chapter 14 and 15, to describe Poly Propylene Glycol sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Poly Propylene Glycol. Industry analysis & Market Report on Poly Propylene Glycol is a syndicated market report, published as Global Poly Propylene Glycol Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Poly Propylene Glycol market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.