As the global economy mends, the 2021 growth of Propylene Glycol will have significant change from previous year. According to our (LP Information) latest study, the global Propylene Glycol market size is USD million in 2022 from USD 4333.4 million in 2021, with a change of % between 2021 and 2022. The global Propylene Glycol market size will reach USD 7470.9 million in 2028, growing at a CAGR of 8.1% over the analysis period.
The United States Propylene Glycol market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Propylene Glycol market, reaching US$ million by the year 2028. As for the Europe Propylene Glycol landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Propylene Glycol players cover ADM, BASF, DOW, and Global Bio-Chem Technology, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Propylene Glycol market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
By Source
Petroleum Propylene Glycol
Bio-Based Propylene Glycol
By Grade
Industrial Grade
Pharmaceutical Grade
Other
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Transportation
Building & Construction
Food & Beverage
Pharmaceuticals
Cosmetics & Personal Care
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
ADM
BASF
DOW
Global Bio-Chem Technology
Lyondellbasell
Huntsman
SKC
Shell
Temix International
Ineos Oxide
AGC
Adeka
Manali Petrochemicals
Qingdao Shida Chemical
Tongling Jintai Chemical Industrial
Dongying Hi-Tech Spring Chemical Industrial
Shandong Depu Chemical Industry Science and Technology
Chaoyang Chemicals
Oleon
Golden Dyechem
Haike Chemical
Helm
Oxyde Belgium
Arrow Chemical
TRI Chemicals