Global Poly Propylene Glycol Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
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 Poly Propylene Glycol Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 PPG Average Mn ~200-1500
- 1.3.3 PPG Average Mn ~1500-3000
- 1.3.4 PPG Average Mn above 3000
- 1.4 Market Analysis by Source
- 1.4.1 Overview: Global Poly Propylene Glycol Consumption Value by Source: 2021 Versus 2025 Versus 2032
- 1.4.2 Petroleum-Based PPG
- 1.4.3 Some Bio-Based PPG
- 1.5 Market Analysis by Application Grade
- 1.5.1 Overview: Global Poly Propylene Glycol Consumption Value by Application Grade: 2021 Versus 2025 Versus 2032
- 1.5.2 Industrial Grade
- 1.5.3 Pharmaceutical/Food Grade
- 1.5.4 Electronic/High Purity Grade
- 1.6 Market Analysis by Application
- 1.6.1 Overview: Global Poly Propylene Glycol Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.6.2 Intermediate
- 1.6.3 Solvent
- 1.6.4 Skin Care and Cosmetics
- 1.6.5 Others
- 1.7 Global Poly Propylene Glycol Market Size & Forecast
- 1.7.1 Global Poly Propylene Glycol Consumption Value (2021 & 2025 & 2032)
- 1.7.2 Global Poly Propylene Glycol Sales Quantity (2021-2032)
- 1.7.3 Global Poly Propylene Glycol Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 KKPC
- 2.1.1 KKPC Details
- 2.1.2 KKPC Major Business
- 2.1.3 KKPC Poly Propylene Glycol Product and Services
- 2.1.4 KKPC Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 KKPC Recent Developments/Updates
- 2.2 Mitsui Chemical
- 2.2.1 Mitsui Chemical Details
- 2.2.2 Mitsui Chemical Major Business
- 2.2.3 Mitsui Chemical Poly Propylene Glycol Product and Services
- 2.2.4 Mitsui Chemical Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 Mitsui Chemical Recent Developments/Updates
- 2.3 BASF
- 2.3.1 BASF Details
- 2.3.2 BASF Major Business
- 2.3.3 BASF Poly Propylene Glycol Product and Services
- 2.3.4 BASF Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.3.5 BASF Recent Developments/Updates
- 2.4 Dow
- 2.4.1 Dow Details
- 2.4.2 Dow Major Business
- 2.4.3 Dow Poly Propylene Glycol Product and Services
- 2.4.4 Dow Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.4.5 Dow Recent Developments/Updates
- 2.5 AGC
- 2.5.1 AGC Details
- 2.5.2 AGC Major Business
- 2.5.3 AGC Poly Propylene Glycol Product and Services
- 2.5.4 AGC Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.5.5 AGC Recent Developments/Updates
- 2.6 Shell
- 2.6.1 Shell Details
- 2.6.2 Shell Major Business
- 2.6.3 Shell Poly Propylene Glycol Product and Services
- 2.6.4 Shell Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 Shell Recent Developments/Updates
- 2.7 Covestro
- 2.7.1 Covestro Details
- 2.7.2 Covestro Major Business
- 2.7.3 Covestro Poly Propylene Glycol Product and Services
- 2.7.4 Covestro Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.7.5 Covestro Recent Developments/Updates
- 2.8 Ineos
- 2.8.1 Ineos Details
- 2.8.2 Ineos Major Business
- 2.8.3 Ineos Poly Propylene Glycol Product and Services
- 2.8.4 Ineos Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.8.5 Ineos Recent Developments/Updates
- 2.9 Sanyo Chemical
- 2.9.1 Sanyo Chemical Details
- 2.9.2 Sanyo Chemical Major Business
- 2.9.3 Sanyo Chemical Poly Propylene Glycol Product and Services
- 2.9.4 Sanyo Chemical Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.9.5 Sanyo Chemical Recent Developments/Updates
- 2.10 Jiangsu Haian Petrochemical
- 2.10.1 Jiangsu Haian Petrochemical Details
- 2.10.2 Jiangsu Haian Petrochemical Major Business
- 2.10.3 Jiangsu Haian Petrochemical Poly Propylene Glycol Product and Services
- 2.10.4 Jiangsu Haian Petrochemical Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.10.5 Jiangsu Haian Petrochemical Recent Developments/Updates
- 2.11 Zhejiang Huangma
- 2.11.1 Zhejiang Huangma Details
- 2.11.2 Zhejiang Huangma Major Business
- 2.11.3 Zhejiang Huangma Poly Propylene Glycol Product and Services
- 2.11.4 Zhejiang Huangma Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.11.5 Zhejiang Huangma Recent Developments/Updates
- 2.12 Huntsman
- 2.12.1 Huntsman Details
- 2.12.2 Huntsman Major Business
- 2.12.3 Huntsman Poly Propylene Glycol Product and Services
- 2.12.4 Huntsman Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.12.5 Huntsman Recent Developments/Updates
- 2.13 SKC
- 2.13.1 SKC Details
- 2.13.2 SKC Major Business
- 2.13.3 SKC Poly Propylene Glycol Product and Services
- 2.13.4 SKC Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.13.5 SKC Recent Developments/Updates
- 2.14 Microworks America
- 2.14.1 Microworks America Details
- 2.14.2 Microworks America Major Business
- 2.14.3 Microworks America Poly Propylene Glycol Product and Services
- 2.14.4 Microworks America Poly Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.14.5 Microworks America Recent Developments/Updates
3 Competitive Environment: Poly Propylene Glycol by Manufacturer
- 3.1 Global Poly Propylene Glycol Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global Poly Propylene Glycol Revenue by Manufacturer (2021-2026)
- 3.3 Global Poly Propylene Glycol Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Poly Propylene Glycol by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Poly Propylene Glycol Manufacturer Market Share in 2025
- 3.4.3 Top 6 Poly Propylene Glycol Manufacturer Market Share in 2025
- 3.5 Poly Propylene Glycol Market: Overall Company Footprint Analysis
- 3.5.1 Poly Propylene Glycol Market: Region Footprint
- 3.5.2 Poly Propylene Glycol Market: Company Product Type Footprint
- 3.5.3 Poly 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 Poly Propylene Glycol Market Size by Region
- 4.1.1 Global Poly Propylene Glycol Sales Quantity by Region (2021-2032)
- 4.1.2 Global Poly Propylene Glycol Consumption Value by Region (2021-2032)
- 4.1.3 Global Poly Propylene Glycol Average Price by Region (2021-2032)
- 4.2 North America Poly Propylene Glycol Consumption Value (2021-2032)
- 4.3 Europe Poly Propylene Glycol Consumption Value (2021-2032)
- 4.4 Asia-Pacific Poly Propylene Glycol Consumption Value (2021-2032)
- 4.5 South America Poly Propylene Glycol Consumption Value (2021-2032)
- 4.6 Middle East & Africa Poly Propylene Glycol Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global Poly Propylene Glycol Sales Quantity by Type (2021-2032)
- 5.2 Global Poly Propylene Glycol Consumption Value by Type (2021-2032)
- 5.3 Global Poly Propylene Glycol Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global Poly Propylene Glycol Sales Quantity by Application (2021-2032)
- 6.2 Global Poly Propylene Glycol Consumption Value by Application (2021-2032)
- 6.3 Global Poly Propylene Glycol Average Price by Application (2021-2032)
7 North America
- 7.1 North America Poly Propylene Glycol Sales Quantity by Type (2021-2032)
- 7.2 North America Poly Propylene Glycol Sales Quantity by Application (2021-2032)
- 7.3 North America Poly Propylene Glycol Market Size by Country
- 7.3.1 North America Poly Propylene Glycol Sales Quantity by Country (2021-2032)
- 7.3.2 North America Poly Propylene Glycol Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe Poly Propylene Glycol Sales Quantity by Type (2021-2032)
- 8.2 Europe Poly Propylene Glycol Sales Quantity by Application (2021-2032)
- 8.3 Europe Poly Propylene Glycol Market Size by Country
- 8.3.1 Europe Poly Propylene Glycol Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Poly Propylene Glycol Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Poly Propylene Glycol Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific Poly Propylene Glycol Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific Poly Propylene Glycol Market Size by Region
- 9.3.1 Asia-Pacific Poly Propylene Glycol Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Poly Propylene Glycol Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America Poly Propylene Glycol Sales Quantity by Type (2021-2032)
- 10.2 South America Poly Propylene Glycol Sales Quantity by Application (2021-2032)
- 10.3 South America Poly Propylene Glycol Market Size by Country
- 10.3.1 South America Poly Propylene Glycol Sales Quantity by Country (2021-2032)
- 10.3.2 South America Poly Propylene Glycol Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Poly Propylene Glycol Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa Poly Propylene Glycol Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa Poly Propylene Glycol Market Size by Country
- 11.3.1 Middle East & Africa Poly Propylene Glycol Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Poly Propylene Glycol Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 Poly Propylene Glycol Market Drivers
- 12.2 Poly Propylene Glycol Market Restraints
- 12.3 Poly 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 Poly Propylene Glycol and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Poly Propylene Glycol
- 13.3 Poly 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 Poly Propylene Glycol Typical Distributors
- 14.3 Poly Propylene Glycol Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
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.