Global 1,2-Propylene Glycol Market Growth 2023-2029
LPI (LP Information)‘ newest research report, the “1,2-Propylene Glycol Industry Forecast” looks at past sales and reviews total world 1,2-Propylene Glycol sales in 2022, providing a comprehensive analysis by region and market sector of projected 1,2-Propylene Glycol sales for 2023 through 2029. With 1,2-Propylene Glycol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 1,2-Propylene Glycol industry.
This Insight Report provides a comprehensive analysis of the global 1,2-Propylene Glycol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 1,2-Propylene Glycol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 1,2-Propylene Glycol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 1,2-Propylene Glycol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 1,2-Propylene Glycol.
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The global 1,2-Propylene Glycol market size is projected to grow from US$ 3683.5 million in 2022 to US$ 4163 million in 2029; it is expected to grow at a CAGR of 4163 from 2023 to 2029.
Europe is the largest market with about 30% market share. USA is follower, accounting for about 27% market share.
The key players are 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 etc. Dow is the largest manufacturer with about 28% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of 1,2-Propylene Glycol market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global 1,2-Propylene Glycol Includes:
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
Market Segment by Type, covers:
Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol
Market Segment by Applications, can be divided into:
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Related Information:
North America 1,2-Propylene Glycol Growth 2023-2029
United States 1,2-Propylene Glycol Growth 2023-2029
Asia-Pacific 1,2-Propylene Glycol Growth 2023-2029
Europe 1,2-Propylene Glycol Growth 2023-2029
EMEA 1,2-Propylene Glycol Growth 2023-2029
Global 1,2-Propylene Glycol Growth 2023-2029
China 1,2-Propylene Glycol Growth 2023-2029
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