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Global 1,2-Propylene Glycol Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 229
  • CATEGORY
  • Chemicals & Materials
1,2-Propylene Glycol market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The 1,2-Propylene Glycol market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the 1,2-Propylene Glycol manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the 1,2-Propylene Glycol market covering all its essential aspects.

Global 1,2-Propylene Glycol Market: Segmentations


Global 1,2-Propylene Glycol Market: By Types
Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol

Global 1,2-Propylene Glycol Market: By Applications
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents

Global 1,2-Propylene Glycol Market: Major Players
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

Global 1,2-Propylene Glycol Market: By Regions
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)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global 1,2-Propylene Glycol market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of 1,2-Propylene Glycol would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the 1,2-Propylene Glycol Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 1,2-Propylene Glycol Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global 1,2-Propylene Glycol Revenue by Type: 2017 Versus 2022 Versus 2032
1.2.2 Industrial Grade 1,2-Propylene Glycol
1.2.3 Food Grade 1,2-Propylene Glycol
1.2.4 Pharmaceutical Grade 1,2-Propylene Glycol
1.3 Market Analysis by Application
1.3.1 Overview: Global 1,2-Propylene Glycol Revenue by Application: 2017 Versus 2022 Versus 2032
1.3.2 Unsaturated Polyester Resins (UPR)
1.3.3 Functional Fluids
1.3.4 Cosmetics, Pharmaceutics and Food
1.3.5 Liquid Detergents
1.4 Global 1,2-Propylene Glycol Market Size & Forecast
1.4.1 Global 1,2-Propylene Glycol Sales in Value (2017-2032))
1.4.2 Global 1,2-Propylene Glycol Sales in Volume (2017-2032)
1.4.3 Global 1,2-Propylene Glycol Price by Type (2017-2032) & (USD/MT)
1.5 Global 1,2-Propylene Glycol Production Capacity Analysis
1.5.1 Global 1,2-Propylene Glycol Total Production Capacity (2017-2032)
1.5.2 Global 1,2-Propylene Glycol Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 1,2-Propylene Glycol Market Drivers
1.6.2 1,2-Propylene Glycol Market Restraints
1.6.3 1,2-Propylene Glycol Trends Analysis
2 Manufacturers Profiles
2.1 Dow
2.1.1 Dow Details
2.1.2 Dow Major Business
2.1.3 Dow 1,2-Propylene Glycol Product and Services
2.1.4 Dow 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.2 Lyondell Basell
2.2.1 Lyondell Basell Details
2.2.2 Lyondell Basell Major Business
2.2.3 Lyondell Basell 1,2-Propylene Glycol Product and Services
2.2.4 Lyondell Basell 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.3 Huntsman
2.3.1 Huntsman Details
2.3.2 Huntsman Major Business
2.3.3 Huntsman 1,2-Propylene Glycol Product and Services
2.3.4 Huntsman 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.4 ADM
2.4.1 ADM Details
2.4.2 ADM Major Business
2.4.3 ADM 1,2-Propylene Glycol Product and Services
2.4.4 ADM 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.5 INEOS
2.5.1 INEOS Details
2.5.2 INEOS Major Business
2.5.3 INEOS 1,2-Propylene Glycol Product and Services
2.5.4 INEOS 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.6 BASF
2.6.1 BASF Details
2.6.2 BASF Major Business
2.6.3 BASF 1,2-Propylene Glycol Product and Services
2.6.4 BASF 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.7 Repsol
2.7.1 Repsol Details
2.7.2 Repsol Major Business
2.7.3 Repsol 1,2-Propylene Glycol Product and Services
2.7.4 Repsol 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.8 Sumitomo Chem
2.8.1 Sumitomo Chem Details
2.8.2 Sumitomo Chem Major Business
2.8.3 Sumitomo Chem 1,2-Propylene Glycol Product and Services
2.8.4 Sumitomo Chem 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.9 Asahi Kasei
2.9.1 Asahi Kasei Details
2.9.2 Asahi Kasei Major Business
2.9.3 Asahi Kasei 1,2-Propylene Glycol Product and Services
2.9.4 Asahi Kasei 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.10 SKC
2.10.1 SKC Details
2.10.2 SKC Major Business
2.10.3 SKC 1,2-Propylene Glycol Product and Services
2.10.4 SKC 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.11 Shell
2.11.1 Shell Details
2.11.2 Shell Major Business
2.11.3 Shell 1,2-Propylene Glycol Product and Services
2.11.4 Shell 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.12 Shandong Shida Shenghua
2.12.1 Shandong Shida Shenghua Details
2.12.2 Shandong Shida Shenghua Major Business
2.12.3 Shandong Shida Shenghua 1,2-Propylene Glycol Product and Services
2.12.4 Shandong Shida Shenghua 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.13 CNOOC & Shell Petrochem
2.13.1 CNOOC & Shell Petrochem Details
2.13.2 CNOOC & Shell Petrochem Major Business
2.13.3 CNOOC & Shell Petrochem 1,2-Propylene Glycol Product and Services
2.13.4 CNOOC & Shell Petrochem 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.14 Hi-tech Spring Chem
2.14.1 Hi-tech Spring Chem Details
2.14.2 Hi-tech Spring Chem Major Business
2.14.3 Hi-tech Spring Chem 1,2-Propylene Glycol Product and Services
2.14.4 Hi-tech Spring Chem 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.15 Daze Group
2.15.1 Daze Group Details
2.15.2 Daze Group Major Business
2.15.3 Daze Group 1,2-Propylene Glycol Product and Services
2.15.4 Daze Group 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.16 Shandong Depu Chem
2.16.1 Shandong Depu Chem Details
2.16.2 Shandong Depu Chem Major Business
2.16.3 Shandong Depu Chem 1,2-Propylene Glycol Product and Services
2.16.4 Shandong Depu Chem 1,2-Propylene Glycol Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
3 1,2-Propylene Glycol Sales by Manufacturer
3.1 Global 1,2-Propylene Glycol Sales in Volume by Manufacturer (2017-2022e)
3.2 Global 1,2-Propylene Glycol Revenue by Manufacturer (2017-2022e)
3.3 Key Manufacturer Market Position in 1,2-Propylene Glycol
3.4 Market Concentration Rate
3.4.1 Top 3 1,2-Propylene Glycol Manufacturer Market Share
3.4.2 Top 6 1,2-Propylene Glycol Manufacturer Market Share
3.5 Global 1,2-Propylene Glycol Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and 1,2-Propylene Glycol Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global 1,2-Propylene Glycol Market Size by Region
4.1.1 Global 1,2-Propylene Glycol Sales in Volume by Region (2017-2032)
4.1.2 Global 1,2-Propylene Glycol Revenue by Region (2017-2032)
4.2 North America 1,2-Propylene Glycol Revenue (2017-2032)
4.3 Europe 1,2-Propylene Glycol Revenue (2017-2032)
4.4 Asia-Pacific 1,2-Propylene Glycol Revenue (2017-2032)
4.5 South America 1,2-Propylene Glycol Revenue (2017-2032)
4.6 Middle East and Africa 1,2-Propylene Glycol Revenue (2017-2032)
5 Market Segment by Type
5.1 Global 1,2-Propylene Glycol Sales in Volume by Type (2017-2032)
5.2 Global 1,2-Propylene Glycol Revenue by Type (2017-2032)
5.3 Global 1,2-Propylene Glycol Price by Type (2017-2032)
6 Market Segment by Application
6.1 Global 1,2-Propylene Glycol Sales in Volume by Application (2017-2032)
6.2 Global 1,2-Propylene Glycol Revenue by Application (2017-2032)
6.3 Global 1,2-Propylene Glycol Price by Application (2017-2032)
7 North America by Country, by Type, and by Application
7.1 North America 1,2-Propylene Glycol Sales by Type (2017-2032)
7.2 North America 1,2-Propylene Glycol Sales by Application (2017-2032)
7.3 North America 1,2-Propylene Glycol Market Size by Country
7.3.1 North America 1,2-Propylene Glycol Sales in Volume by Country (2017-2032)
7.3.2 North America 1,2-Propylene Glycol Revenue by Country (2017-2032)
7.3.3 United States Market Size and Forecast (2017-2032)
7.3.4 Canada Market Size and Forecast (2017-2032)
7.3.5 Mexico Market Size and Forecast (2017-2032)
8 Europe by Country, by Type, and by Application
8.1 Europe 1,2-Propylene Glycol Sales by Type (2017-2032)
8.2 Europe 1,2-Propylene Glycol Sales by Application (2017-2032)
8.3 Europe 1,2-Propylene Glycol Market Size by Country
8.3.1 Europe 1,2-Propylene Glycol Sales in Volume by Country (2017-2032)
8.3.2 Europe 1,2-Propylene Glycol Revenue by Country (2017-2032)
8.3.3 Germany Market Size and Forecast (2017-2032)
8.3.4 France Market Size and Forecast (2017-2032)
8.3.5 United Kingdom Market Size and Forecast (2017-2032)
8.3.6 Russia Market Size and Forecast (2017-2032)
8.3.7 Italy Market Size and Forecast (2017-2032)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific 1,2-Propylene Glycol Sales by Type (2017-2032)
9.2 Asia-Pacific 1,2-Propylene Glycol Sales by Application (2017-2032)
9.3 Asia-Pacific 1,2-Propylene Glycol Market Size by Region
9.3.1 Asia-Pacific 1,2-Propylene Glycol Sales in Volume by Region (2017-2032)
9.3.2 Asia-Pacific 1,2-Propylene Glycol Revenue by Region (2017-2032)
9.3.3 China Market Size and Forecast (2017-2032)
9.3.4 Japan Market Size and Forecast (2017-2032)
9.3.5 Korea Market Size and Forecast (2017-2032)
9.3.6 India Market Size and Forecast (2017-2032)
9.3.7 Southeast Asia Market Size and Forecast (2017-2032)
9.3.8 Australia Market Size and Forecast (2017-2032)
10 South America by Country, by Type, and by Application
10.1 South America 1,2-Propylene Glycol Sales by Type (2017-2032)
10.2 South America 1,2-Propylene Glycol Sales by Application (2017-2032)
10.3 South America 1,2-Propylene Glycol Market Size by Country
10.3.1 South America 1,2-Propylene Glycol Sales in Volume by Country (2017-2032)
10.3.2 South America 1,2-Propylene Glycol Revenue by Country (2017-2032)
10.3.3 Brazil Market Size and Forecast (2017-2032)
10.3.4 Argentina Market Size and Forecast (2017-2032)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa 1,2-Propylene Glycol Sales by Type (2017-2032)
11.2 Middle East & Africa 1,2-Propylene Glycol Sales by Application (2017-2032)
11.3 Middle East & Africa 1,2-Propylene Glycol Market Size by Country
11.3.1 Middle East & Africa 1,2-Propylene Glycol Sales in Volume by Country (2017-2032)
11.3.2 Middle East & Africa 1,2-Propylene Glycol Revenue by Country (2017-2032)
11.3.3 Turkey Market Size and Forecast (2017-2032)
11.3.4 Egypt Market Size and Forecast (2017-2032)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2032)
11.3.6 South Africa Market Size and Forecast (2017-2032)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 1,2-Propylene Glycol Typical Distributors
12.3 1,2-Propylene Glycol Typical Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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