Propylene Glycol Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Propylene Glycol Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Propylene Glycol Market Research
Report The latest report by IMARC, titled
Propylene Glycol Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028 finds that the global propylene glycol
market is expected to grow at a CAGR of 4.3
during 2023-2028. Propylene glycol (C3H8O2) is
a viscous, colorless, hygroscopic liquid with low
toxicity and a faintly sweet taste. It is the end
product of the chemical reaction between
propylene oxide and water. The synthetic organic
compound can also be obtained from petroleum and
bio-based sources. Propylene glycol is miscible
with acetone, water, and chloroform and is used
as a solvent, emulsifier, and excipient to hold
and dissolve active ingredients. Consequently,
it finds a wide variety of applications in
cosmetics and personal care products, unsaturated
polyester resins, liquid detergents, functional
fluids, and antifreeze. It is also utilized as a
humectant, preservative in food products,
solvents, and as a major constituent of e-liquid
in electric cigarettes with vegetable
glycerin. Request Free Sample Report
https//www.imarcgroup.com/propylene-glycol-techni
cal-material-market-report-2/requestsample
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Report Description and Highlights
Report Description

Global Propylene Glycol Market Trends The
market is primarily driven by theincreasing
product applications in diverse industries. For
instance, propylene glycol is utilized across
food and beverage industry for improved texture,
flavor, appearance, and shelf life of various
produced foods. Therapid urbanization and
fast-paced lifestyle ofindividuals are also
increasing the consumption of processed food and
ready-to-eat food products, which isfueling the
market growth. Besides this, the significant
growth of the automotive industry is facilitating
the need for petroleum-based propylene
glycol,which is used in industrial chemicals such
as deicing fluids, automotive coolants, and
hydraulic and brake fluids. Nowadays, it is
also used as a drug solubilizer in the
pharmaceutical industry. Furthermore, with the
growing environmental consciousness, key
manufacturers are investing in research and
development (RD) activities to introduce
effective propylene glycol variants, such as
bio-based chemicals for producing propylene
glycol, which is expected to create a positive
outlook for the market in the upcoming
years. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Source Insights Petrol
eum-based Bio-based Application Insight
s Unsaturated Polyester Resins
Antifreeze and Functional Fluids
Food, Drug, and Cosmetics
Liquid Detergent Paints and Co
atings Others End Use Industry Insights
Transportation Building and
Construction Food and Beverage
Pharmaceuticals Cosmetics and Personal
Care

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Report Description and Highlights
Report Description
Others Regional Insights Nor
th America United States
Canada Asia Pacific
China Japan
India South Korea
Australia Indonesia
Others Europe
Germany France
United Kingdom Italy
Spain

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Report Description and Highlights
Report Description
Russia Others
Latin America Brazil
Mexico Others
Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Archer-Daniels-Midland Company BASF SE DuPont de N
  emours Inc. Global Bio-chem Technology Group Compa
  ny Limited INEOS Group Limited LyondellBasell Indu
  stries N.V. Shell Plc SK Picglobal Dow Inc.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/propylene-glycol-techni
  cal-material-market-report-2

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A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
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of International Market Analysis Research and
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Market Analysis Research and Consulting
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