HOME Top Market Reports Propylene Glycol Market by Source (Petroleum and Bio-Based), Application (Unsaturated Polyester Resin, Antifreeze & Functional Fluid, Food, Pharmaceuticals & Cosmetics), End-Use Industry (Transportation, Building & Construction) - Global Forecast to 2021

Propylene Glycol Market by Source (Petroleum and Bio-Based), Application (Unsaturated Polyester Resin, Antifreeze & Functional Fluid, Food, Pharmaceuticals & Cosmetics), End-Use Industry (Transportation, Building & Construction) - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: April 2017
Report Code: CH 2729

 

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The global propylene glycol market was valued at 3.32 Billion in 2015, and is projected to reach 4.60 Billion by 2021, at a CAGR of 5.8% from 2016 to 2021. In this report, 2015 is considered as the base year and the forecast period is from 2016 to 2021.

The objectives of this study are:

  • To define, describe, and analyze the global propylene glycol market by source, application, end-use industry, and region
  • To forecast and analyze the market size (in terms of value and volume) and different submarkets of five regions Asia-Pacific, Europe, North America, South America, and the Middle East & Africa,
  • To forecast and analyze the market at the country level for each region
  • To strategically analyze each submarket with respect to individual growth trends and its contribution to the global propylene glycol market
  • To analyze opportunities in the market for the stakeholders by identifying high growth segments of the global propylene glycol market
  • To identify significant market trends and factors driving or inhibiting the growth of the market and its submarkets
  • To analyze competitive developments, such as expansions, joint ventures, new products launches, expansions, and mergers & acquisitions, in the global propylene glycol market
  • To strategically profile the key market players and comprehensively analyze their growth strategies

This technical, market oriented, and commercial research study of the global propylene glycol market involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg BusinessWeek, and Factiva) to identify and collect information. The primary sources mainly include several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. After arriving at the overall market size, the total market has been split into several segments. The figure below illustrates the breakdown of the primary interviews based on company type, designation, and region conducted during the research study:

Propylene Glycol Market

To know about the assumptions considered for the study, download the pdf brochure

The key market players profiled in this report are The Dow Chemical Company (U.S.), LyondellBasell Industries N.V. (Netherlands), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Global Bio-chem Technology Group Co., Ltd. (China), DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Huntsman Corporation (U.S.), SKC Co., Ltd. (South Korea), Temix International S.R.L. (Italy), and Ineos Oxide (Switzerland) among others.

The target audiences for the propylene glycol market report are as follows:

  • Propylene Glycol Manufacturers
  • Propylene Glycol Suppliers
  • Raw Material Suppliers
  • Investment Banks
  • Government Bodies

Scope of the Report

This report categorizes the global market for propylene glycol on the basis of source, application, end-use industry, and region.

Propylene glycol market, by Source:

  • Petroleum-based Propylene Glycol
  • Bio-based Propylene Glycol

Propylene glycol market, by Application:

  • Unsaturated Polyester Resin
  • Food, Pharmaceuticals & Cosmetics
  • Antifreeze & Functional Fluid
  • Liquid Detergents
  • Plasticizers
  • Others

Propylene glycol market, by End-Use Industry:

  • Transportation
  • Building & Construction
  • Pharmaceuticals & Cosmetics
  • Food & Beverage
  • Others

Propylene glycol market, by Region:

  • Asia-Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Available Customizations:

Along with the market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis       

  • Further breakdown of a region with respect to a particular country, additional end-use industry, and/or type

Country Information

  • Additional country information (up to three)

Company Information

  • Detailed analysis and profiles of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stake Holders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 35)
    4.1 Significant Opportunities in the Propylene Glycol Market (2016–2021)
    4.2 Propylene Glycol Market, By Region
    4.3 Propylene Glycol Market in Asia-Pacific, By Country and Application
    4.4 Propylene Glycol Market Size, By Application, 2016 vs 2021

5 Market Overview (Page No. - 38)
    5.1 Introduction
           5.1.1 Usp/Ep Grade
           5.1.2 Industrial Grade
    5.2 Evolution
    5.3 Market Dynamics
           5.3.1 Impact Analysis for Short, Medium, and Long Term
           5.3.2 Drivers
                    5.3.2.1 Petroleum-Based PG
                               5.3.2.1.1 Growing Demand From Asia-Pacific Region
                    5.3.2.2 Bio-Based PG
                               5.3.2.2.1 Eco-Friendly Production Process
           5.3.3 Restraints
                    5.3.3.1 Petroleum-Based PG
                               5.3.3.1.1 Maturity of the Product
                               5.3.3.1.2 Industries Switching to Bio-Based PG
                    5.3.3.2 Bio-Based PG
                               5.3.3.2.1 Huge Investment in R&D
           5.3.4 Opportunities
                    5.3.4.1 Petroleum-Based PG
                               5.3.4.1.1 Growing Opportunities in Emerging Economies Such as China and India
                    5.3.4.2 Bio-Based PG
                               5.3.4.2.1 Rising Demand for Bio-Based PG in Pharmaceutical & Cosmetics Application
           5.3.5 Challenges
                    5.3.5.1 Petroleum-Based PG
                               5.3.5.1.1 Fluctuating Raw Material Costs
    5.4 Raw Material Analysis
           5.4.1 Propylene
           5.4.2 Glycerin
    5.5 Porter’s Five Forces Analysis
           5.5.1 Threat of New Entrants
           5.5.2 Threat of Substitutes
           5.5.3 Bargaining Power of Suppliers
           5.5.4 Bargaining Power of Buyers
           5.5.5 Intensity of Competitive Rivalry
    5.6 Industry Outlook
           5.6.1 Automotive Industry
           5.6.2 Construction Industry
                    5.6.2.1 Trends and Forecast of the Construction Industry in North America
                    5.6.2.2 Trends and Forecast of the Construction Industry in Europe
                    5.6.2.3 Trends and Forecast of the Construction Industry in Asia-Pacific
                    5.6.2.4 Trends and Forecast of the Construction Industry in Middle East & Africa
                    5.6.2.5 Trends and Forecast of the Construction Industry in South America

6 Propylene Glycol Market, By Source (Page No. - 59)
    6.1 Introduction
           6.1.1 Petroleum-Based PG Segment Accounted for the Largest Share
    6.2 Petroleum-Based PG
           6.2.1 Asia-Pacific is the Largest Consmuer of Petroleum-Based PG
           6.2.2 Propylene Oxide
    6.3 Bio-Based PG
           6.3.1 Increased Use in Pharmaceuticals & Cosmetics Applications is Driving the Bio-Based PG Market
           6.3.2 Glycerin
           6.3.3 Sorbitol

7 Propylene Glycol Market, By Application (Page No. - 65)
    7.1 Introduction
    7.2 Revenue Pocket Matrix, By Application
    7.3 Unsaturated Polyester Resin
           7.3.1 Reinforced Thermoset
                    7.3.1.1 Reinforced Plastic Laminates
                    7.3.1.2 Sheet Molding Compounds
                    7.3.1.3 Electrical Components
           7.3.2 Non-Reinforced Thermoset
                    7.3.2.1 Synthetic Marble Casting
                    7.3.2.2 Gel Coats
    7.4 Food, Pharmaceuticals & Cosmetics
           7.4.1 Dental Care
           7.4.2 Skin Care
           7.4.3 Therapentic Drugs and Medicines
           7.4.4 Dairies
    7.5 Antifreeze & Functional Fluids
           7.5.1 Automotive Coolants
           7.5.2 Hydraulic & Brake Fluid
           7.5.3 Aircraft Deicing Fluid
           7.5.4 Heat Transfer Fluid
    7.6 Liquid Detergents
           7.6.1 Household & Dishwashing
           7.6.2 Industrial Soaps & Cleaning Fluids
    7.7 Plasticizers
           7.7.1 Cellophane Film
           7.7.2 Phenolic Resin
    7.8 Others
           7.8.1 Asia-Pacifc to Witness the Highest Growth During the Forecast Period

8 Propylene Glycol Market, By End-Use Industry (Page No. - 83)
    8.1 Introduction
           8.1.1 Revenue Pocket Matrix, By End-Use Industry
    8.2 Transportation
           8.2.1 Well-Established Automotive End-Use Industry to Drive the Propylene Glycol Market in Europe
           8.2.2 Automotive
           8.2.3 Aerospace
           8.2.4 Marine
    8.3 Building & Construction
           8.3.1 Construction Industry of India and Indonesia to Drive the Propylene Glycol Market
    8.4 Paharmaceuticals & Cosmetics
           8.4.1 Growing Pharmaceuticals & Comsetics Industry is Fuelling the Growth of the Market
    8.5 Food & Beverage
           8.5.1 Rising Consumption of Processed Food to Drive the Propylene Glycol Market Between 2016 and 2021
    8.6 Others
           8.6.1 Europe Accounted for the Second-Largest Market Share in Other End-Use Industries

9 Propylene Glycol Market, By Region (Page No. - 96)
    9.1 Introduction
    9.2 Asia-Pacific
           9.2.1 Asia-Pacific Propylene Glycol Market, By Source
           9.2.2 Asia-Pacific Propylene Glycol Market, By Application
           9.2.3 Asia-Pacific Propylene Glycol Market, By End-Use Industry
           9.2.4 Asia-Pacific Propylene Glycol Market, By Country
                    9.2.4.1 China
                    9.2.4.2 Japan
                    9.2.4.3 India
                    9.2.4.4 South Korea
                    9.2.4.5 Singapore
                    9.2.4.6 Australia
                    9.2.4.7 Thailand
                    9.2.4.8 Indonesia
                    9.2.4.9 Malaysia
    9.3 North America
           9.3.1 North American Propylene Glycol Market, By Source
           9.3.2 North American Propylene Glycol Market, By Application
           9.3.3 North American Propylene Glycol Market, By End-Use Industry
           9.3.4 North American Propylene Glycol Market, By Country
                    9.3.4.1 U.S.
                    9.3.4.2 Mexico
                    9.3.4.3 Canada
    9.4 Europe
           9.4.1 European Propylene Glycol Market, By Source
           9.4.2 European Propylene Glycol Market, By Application
           9.4.3 Europe Propylene Glycol Market, By End-Use Industry
           9.4.4 European Propylene Glycol Market, By Country
                    9.4.4.1 Germany
                    9.4.4.2 France
                    9.4.4.3 U.K.
                    9.4.4.4 Spain
                    9.4.4.5 Italy
                    9.4.4.6 Belgium
                    9.4.4.7 Russia
                    9.4.4.8 Netherlands
    9.5 Middle East & Africa
           9.5.1 Middle East & Africa Propylene Glycol Market, By Source
           9.5.2 Middle East & Africa Propylene Glycol Market, By Application
           9.5.3 Middle East & Africa Propylene Glycol Market, By End-Use Industry
           9.5.4 Middle East & Africa Propylene Glycol Market, By Country
                    9.5.4.1 Saudi Arabia
                    9.5.4.2 UAE
                    9.5.4.3 Iran
                    9.5.4.4 South Africa
    9.6 South America
           9.6.1 South American Propylene Glycol Market, By Source
           9.6.2 South America Propylene Glycol Market, By Application
           9.6.3 South American Propylene Glycol Market, By End-Use Industry
           9.6.4 South American Propylene Glycol Market, By Country
                    9.6.4.1 Brazil
                    9.6.4.2 Argentina

10 Competitive Landscape (Page No. - 150)
     10.1 Introduction
             10.1.1 Dynamic
             10.1.2 Innovator
             10.1.3 Vanguard
             10.1.4 Emerging
     10.2 Overview
     10.3 Product Offerings
     10.4 Business Strategy
     10.5 Market Share Analysis
             10.5.1 The DOW Chemical Company (U.S.)
             10.5.2 Lyondellbasedll Industries N.V. (Netherland)
             10.5.3 Global Bio-Chem Technology Group Co., Ltd. (China)

11 Company Profiles (Page No. - 156)
     11.1 Archer Daniels Midland Company
             11.1.1 Business Overview
             11.1.2 Products Offered
                        11.1.2.1 Scorecard of Product Offering
             11.1.3 Business Strategy
             11.1.4 Recent Developments
     11.2 BASF SE
             11.2.1 Business Overview
             11.2.2 Products Offered
                        11.2.2.1 Scorecard of Product Offering
             11.2.3 Business Strategy
             11.2.4 Recent Developments
     11.3 The DOW Chemical Company
             11.3.1 Business Overview
             11.3.2 Products Offered
                        11.3.2.1 Scorecard of Product Offering
             11.3.3 Business Strategy
             11.3.4 Recent Developments
     11.4 Global Bio-Chem Technology Group Co., Ltd.
             11.4.1 Business Overview
             11.4.2 Products Offered
                        11.4.2.1 Scorecard of Product Offering
             11.4.3 Business Strategy
             11.4.4 Recent Developments
     11.5 Lyondellbasell Industries N.V.
             11.5.1 Business Overview
             11.5.2 Products Offered
                        11.5.2.1 Scorecard of Product Offering
             11.5.3 Business Strategy
     11.6 Huntsman Corporation
             11.6.1 Business Overview
             11.6.2 Products Offered
                        11.6.2.1 Scorecard of Product Offering
             11.6.3 Business Strategy
     11.7 SKC Co., Ltd.
             11.7.1 Business Overview
             11.7.2 Products Offered
                        11.7.2.1 Scorecard of Product Offering
             11.7.3 Business Strategy
     11.8 Royal Dutch Shell PLC.
             11.8.1 Business Overview
             11.8.2 Products Offered
                        11.8.2.1 Scorecard of Product Offering
             11.8.3 Business Strategy
     11.9 Temix International S.R.L.
             11.9.1 Business Overview
             11.9.2 Products Offered
                        11.9.2.1 Scorecard of Product Offering
             11.9.3 Business Strategy
     11.10 Dupont Tate & Lyle Bio Products Company, LLC
             11.10.1 Business Overview
             11.10.2 Products Offered
                        11.10.2.1 Scorecard of Product Offering
             11.10.3 Business Strategy
             11.10.4 Recent Developments
     11.11 Other Key Market Players
             11.11.1 Ineos Oxide (Switzerland)
             11.11.2 Asahi Glass Co., Ltd. (Japan)
             11.11.3 Adeka Corporation (Japan)
             11.11.4 Manali Petrochemicals Limited (India)
             11.11.5 Qingdao Shida Chemical Co., Ltd. (China)
             11.11.6 Tongling Jintai Chemical Industrial Co., Ltd. (China)
             11.11.7 Dongying Hi-Tech Spring Chemical Industrial Co., Ltd. (China)
             11.11.8 Shandong Depu Chemical Industry Science and Technology Co., Ltd (China)
             11.11.9 Chaoyang Chemicals, Inc. (U.S.)
             11.11.10 Oleon Nv (Belgium)
             11.11.11 Golden Dyechem (India)
             11.11.12 Haike Chemical Group (China)
             11.11.13 Helm AG (Germany)
             11.11.14 Oxyde Belgium B.V. (Belgium)
             11.11.15 Arrow Chemical Group Corp. (China)
             11.11.16 Trinternational, Inc. (U.S.)

12 Appendix (Page No. - 187)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Introducing RT: Real Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports


List of Tables (110 Tables)

Table 1 Propylene Glycol: Physical & Chemical Properties
Table 2 Top 10 Economies By GDP in Ppp Terms, 2015
Table 3 Vehicles Production, By Country, 2011-2015 (Thousand Unit)
Table 4 Contribution of the Construction Industry to the GDP of North America, 2014–2021 (USD Billion)
Table 5 Contribution of the Construction Industry to the GDP of Europe, 2014–2021 (USD Billion)
Table 6 Contribution of the Construction Industry to the GDP of Asia-Pacific, 2014–2021 (USD Billion)
Table 7 Contribution of the Construction Industry to the GDP of Middle East & Africa, 2014–2021 (USD Billion)
Table 8 Contribution of the Construction Industry to the GDP of South America, 2014–2021 (USD Billion)
Table 9 Propylene Glycol Market Size, By Source, 2014–2021 (USD Million)
Table 10 Market Size, By Source, 2014–2021 (Kiloton)
Table 11 Asia-Pacific to Be the Largest Petroleum-Based PG Market Between 2016 and 2021
Table 12 Petroleum-Based PG Market Size, By Region, 2014–2021 (USD Million)
Table 13 Petroleum-Based PG Market Size, By Region, 2014–2021 (Kiloton)
Table 14 Bio-Based PG Market Size, By Region, 2014–2021 (USD Million)
Table 15 Bio-Based PG Market Size, By Region, 2014–2021 (Kiloton)
Table 16 Propylene Glycol: Applications & Sub-Segment
Table 17 Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 18 Market Size, By Application, 2014–2021 (Kiloton)
Table 19 Propylene Glycol Market Size in Unsaturated Polyester Resin Application, By Region, 2014–2021 (USD Million)
Table 20 Market Size in Unsaturated Polyester Resin Application, By Region, 2014–2021 (Kiloton)
Table 21 Propylene Glycol Market Size in Food, Pharmaceuticals & Comsetics Application, By Region, 2014–2021 (USD Million)
Table 22 Market Size in Food, Pharmaceuticals & Comsetics Application, By Region, 2014–2021 (Kiloton)
Table 23 Propylene Glycol Market Size in Antifreeze & Functional Fluid Application, By Region, 2014–2021 (USD Million)
Table 24 Market Size in Antifreeze & Functional Fluid Application, By Region, 2014–2021 (Kiloton)
Table 25 Propylene Glycol Market Size in Liquid Detergents Application, By Region, 2014–2021 (USD Million)
Table 26 Market Size in Liquid Detergents Application, By Region, 2014–2021 (Kiloton)
Table 27 Propylene Glycol Market Size in Plasticizers Application, By Region, 2014–2021 (USD Million)
Table 28 Market Size in Plasticizers Application, By Region, 2014–2021 (Kiloton)
Table 29 Propylene Glycol Market Size in Other Applications, By Region, 2014–2021 (USD Million)
Table 30 Market Size in Other Applications, By Region, 2014–2021 (Kiloton)
Table 31 Propylene Glycol Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 32 Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 33 Propylene Glycol Market Size in Transportation Industry, By Region, 2014–2021 (USD Million)
Table 34 Market Size in Transportation Industry, By Region, 2014–2021 (Kiloton)
Table 35 Propylene Glycol Market Size in Building & Construction Industry, By Region, 2014–2021 (USD Million)
Table 36 Market Size in Building & Construction Industry, By Region, 2014–2021 (Kiloton)
Table 37 Propylene Glycol Market Size in Pharmaceuticals & Cosmetics Industry, By Region, 2014–2021 (USD Million)
Table 38 Market Size in Pharmaceuticals & Cosmetics Industry, By Region, 2014–2021 (Kiloton)
Table 39 Propylene Glycol Market Size in Food & Beverage Industry, By Region, 2014–2021 (USD Million)
Table 40 Market Size in Food & Beverage Industry, By Region, 2014–2021 (Kiloton)
Table 41 Propylene Glycol Market Size in Other End-Use Industries, By Region, 2014–2021 (USD Million)
Table 42 Market Size in Other End-Use Industries, By Region, 2014–2021 (Kiloton)
Table 43 Propylene Glycol Market Size, By Region, 2014–2021 (USD Million)
Table 44 Market Size, By Region, 2014–2021 (Kiloton)
Table 45 Asia-Pacific: Propylene Glycol Market Size, By Source, 2014–2021 (USD Million)
Table 46 Asia-Pacific: Market Size, By Source, 2014–2021 (Kiloton)
Table 47 Asia-Pacific: Market Size, By Application, 2014–2021 (USD Million)
Table 48 Asia-Pacific: Market Size, By Application, 2014–2021 (Kiloton)
Table 49 Asia-Pacific: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 50 Asia-Pacific: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 51 Asia-Pacific: Market Size, By Country, 2014–2021 (USD Million)
Table 52 Asia-Pacific: Market Size, By Country, 2014–2021 (Kiloton)
Table 53 China: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 54 China: Market Size, By Application, 2014–2021 (Kiloton)
Table 55 Japan: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 56 Japan: Market Size, By Application, 2014–2021 (Kiloton)
Table 57 India: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 58 India: Market Size, By Application, 2014–2021 (Kiloton)
Table 59 North America: Propylene Glycol Market Size, By Source, 2014–2021 (USD Million)
Table 60 North America: Market Size, By Source, 2014–2021 (Kiloton)
Table 61 North America: Market Size, By Application, 2014–2021 (USD Million)
Table 62 North America: Market Size, By Application, 2014–2021 (Kiloton)
Table 63 North America: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 64 North America: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 65 North America: Market Size, By Country, 2014–2021 (USD Million)
Table 66 North America: Market Size, By Country, 2014–2021 (Kiloton)
Table 67 U.S.: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 68 U.S.: Market Size, By Application, 2014–2021 (Kiloton)
Table 69 Mexico: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 70 Mexico: Market Size, By Application, 2014–2021 (Kiloton)
Table 71 Canada: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 72 Canada: Market Size, By Application, 2014–2021 (Kiloton)
Table 73 Europe: Propylene Glycol Market Size, By Source, 2014–2021 (USD Million)
Table 74 Europe: Market Size, By Source, 2014–2021 (Kiloton)
Table 75 Europe: Market Size, By Application, 2014–2021 (USD Million)
Table 76 Europe: Market Size, By Application, 2014–2021 (Kiloton)
Table 77 Europe: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 78 Europe: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 79 Europe: Market Size, By Country, 2014–2021 (USD Million)
Table 80 Europe: Market Size, By Country, 2014–2021 (Kiloton)
Table 81 Germany: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 82 Germany: Market Size, By Application, 2014–2021 (Kiloton)
Table 83 France: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 84 France: Market Size, By Application, 2014–2021 (Kiloton)
Table 85 U.K.: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 86 U.K.: Market Size, By Application, 2014–2021 (Kiloton)
Table 87 Middle East & Africa: Propylene Glycol Market Size, By Source, 2014–2021 (USD Million)
Table 88 Middle East & Africa: Market Size, By Source, 2014–2021 (Kiloton)
Table 89 Middle East & Africa: Market Size, By Application, 2014–2021 (USD Million)
Table 90 Middle East & Africa: Market Size, By Application, 2014–2021 (Kiloton)
Table 91 Middle East & Africa: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 92 Middle East & Africa: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 93 Middle East & Africa: Market Size, By Country, 2014–2021 (USD Million)
Table 94 Middle East & Africa: Market Size, By Country, 2014–2021 (Kiloton)
Table 95 Saudi Arabia: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 96 Saudi Arabia: Market Size, By Application, 2014–2021 (Kiloton)
Table 97 UAE: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 98 UAE: Market Size, By Application, 2014–2021 (Kiloton)
Table 99 South America: Propylene Glycol Market Size, By Source, 2014–2021 (USD Million)
Table 100 South America: Market Size, By Source, 2014–2021 (Kiloton)
Table 101 South America: Market Size, By Application, 2014–2021 (USD Million)
Table 102 South America: Market Size, By Application, 2014–2021 (Kiloton)
Table 103 South America: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 104 South America: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 105 South America: Market Size, By Country, 2014–2021 (USD Million)
Table 106 South America: Market Size, By Country, 2014–2021 (Kiloton)
Table 107 Brazil: Propylene Glycol Market Size, By Application, 2014–2021(USD Million)
Table 108 Brazil: Market Size, By Application, 2014–2021 (Kiloton)
Table 109 Argentina: Propylene Glycol Market Size, By Application, 2014–2021 (USD Million)
Table 110 Argentina: Market Size, By Application, 2014–2021 (Kiloton)


List of Figures (89 Figures)

Figure 1 Propylene Glycol: Market Segmentation
Figure 2 Propylene Glycol Market: Research Design
Figure 3 Key Industry Insights
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Propylene Glycol Market : Data Triangulation
Figure 7 Petroleum-Based PG to Dominate the Propylene Glycol Market Between 2016 and 2021
Figure 8 Unsaturated Polyester Resin to Be Largest Application in the Propylene Glycol Market in 2016
Figure 9 Transportation Segment to Lead the Propylene Glycol Market Between 2016 and 2021
Figure 10 Asia-Pacific to Register the Highest CAGR in the Propylene Glycol Market, 2016–2021
Figure 11 The Propylene Glycol Market to Witness Modertae Growth Between 2016 and 2021
Figure 12 Asia-Pacific to Be the Key Market for Propylene Glycol Between 2016 and 2021
Figure 13 Unsaturated Polyester Resin and China Dominated the Asia-Pacific Market in 2015
Figure 14 Unsaturated Polyester Resin Segment Accounts for the Largest Share
Figure 15 Focus on Bio-Based/Renewable Products
Figure 16 Overview of the Factors Governing the Propylene Glycol Market
Figure 17 Porter’s Five Forces Analysis
Figure 18 Asia-Pacific Recorded the Highest Number of Vehicles Produced in 2015
Figure 19 Contribution of the Construction Industry to the GDP of North America, 2016 vs 2021
Figure 20 Construction Industry in U.K. Contributes Maximum to the GDP of Europe, 2016 vs 2021
Figure 21 Construction Industry in China Contributes Maximum to the GDP of Asia-Pacific, 2016 vs 2021
Figure 22 Construction Industry in Saudi Arabia Contributes Maximum to the GDP of the Middle East & Africa, 2016 vs 2021
Figure 23 Construction Industry in Brazil Contributes Maximum to the GDP of South America, 2016 vs 2021.
Figure 24 Petroleum-Based PG to Dominate the Propylene Glycol Market Between 2016 and 2021
Figure 25 North America to Be the Largest Bio-Based PG Market During Forecast Period
Figure 26 Unsaturated Polyester Resin Application to Dominate the Propylene Glycol Market Between 2016 and 2021
Figure 27 Unsaturated Polyester Resin is the Largest Application of Propylene Glycol
Figure 28 Asia-Pacific to Lead the Propylene Glycol Market for Unsaturated Polyester Resin Application Between 2016 and 2021
Figure 29 Asia-Pacific to Be the Largest Propylene Glycol Market for Food, Pharmaceuticals & Cosmetics Application Between 2016 and 2021
Figure 30 North America to Dominate the Propylene Glycol Market in Antifreeze & Functional Fluid Application During the Forecast Period
Figure 31 North America to Dominate the Market in the Liquid Detergents Application During the Forecast Period
Figure 32 Asia-Pacific to Be the Largest Propylene Glycol Market in the Plasticizers Application During the Forecast Period
Figure 33 North America to Dominate the Propylene Glycol Market in Other Applications During the Forecast Period
Figure 34 Transportation Industry to Lead the Propylene Glycol Market During 2016–2021
Figure 35 Transportation Was the Largest End-Use Industry in 2015
Figure 36 Asia-Pacific to Be the Largest Propylene Glycol Market in the Transportation Segment During the Forecast Period
Figure 37 Asia-Pacific to Lead the Propylene Glycol Market in the Building & Construction Segment Between 2016 and 2021
Figure 38 North America to Be the Second-Largest Propylene Glycol Market in the Pharmaceuticals & Cosmetics Industry Between 2016 and 2021
Figure 39 Europe to Be the Largest Market in the Food & Beverage Segment During the Forecast Period
Figure 40 North America to Lead the Propylene Glycol Market in Other End-Use Industries During the Forecast Period
Figure 41 Regional Snapshot: Asia-Pacific Countries Emerging as Strategic Location for the Propylene Glycol Market
Figure 42 Asia-Pacific Market Snapshot: China to Dominate Propylene Glycol Market
Figure 43 South Korea Propylene Glycol Market Size, 2014–2021
Figure 44 Singapore Propylene Glycol Market Size, 2014–2021
Figure 45 Australia Propylene Glycol Market Size, 2014–2021
Figure 46 Thailand Propylene Glycol Market Size (USD Million), 2014–2021
Figure 47 Indonesia Propylene Glycol Market Size, 2014–2021
Figure 48 Malaysia Propylene Glycol Market Size, 2014–2021
Figure 49 North America Snapshot: U.S. Dominated the Propylene Glycol Market
Figure 50 Europe Market Snapshot: Germany to Lead the Propylene Glycol Market
Figure 51 Spain Propylene Glycol Market Size 2014–2021
Figure 52 Italy Propylene Glycol Market Size, 2014–2021
Figure 53 Belgium Propylene Glycol Market Size, 2014–2021
Figure 54 Russia Propylene Glycol Market Size, 2014–2021
Figure 55 Netherlands Propylene Glycol Market Size (USD Million), 2014–2021
Figure 56 Iran Propylene Glycol Market Size, 2014–2021
Figure 57 South Africa Propylene Glycol Market Size (USD Million), 2016–2021
Figure 58 Dive Chart
Figure 59 Market Share Analysis of Propylene Glycol Market: 2016
Figure 60 Archer Daniels Midland Company: Company Snapshot
Figure 61 Product Offering: Scorecard
Figure 62 Business Strategy: Scorecard
Figure 63 BASF SE: Company Snapshot
Figure 64 Product Offering: Scorecard
Figure 65 Business Strategy: Scorecard
Figure 66 The DOW Chemical Company: Company Snapshot
Figure 67 Product Offering: Scorecard
Figure 68 Business Strategy: Scorecard
Figure 69 Global Bio-Chem Technology Group Co., Ltd.: Company Snapshot
Figure 70 Product Offering: Scorecard
Figure 71 Business Strategy: Scorecard
Figure 72 Lyondellbasell Industries N.V.: Company Snapshot
Figure 73 Product Offering: Scorecard
Figure 74 Business Strategy: Scorecard
Figure 75 Huntsman Corporation: Company Snapshot
Figure 76 Product Offering: Scorecard
Figure 77 Business Strategy: Scorecard
Figure 78 SKC Co., Ltd. : Company Snapshot
Figure 79 Product Offering: Scorecard
Figure 80 Business Strategy: Scorecard
Figure 81 Royal Dutch Shell PLC.: Company Snapshot
Figure 82 Product Offering: Scorecard
Figure 83 Business Strategy: Scorecard
Figure 84 Temix International S.R.L.: Company Snapshot
Figure 85 Product Offering: Scorecard
Figure 86 Business Strategy: Scorecard
Figure 87 Dupont Tate & Lyle Bio Products Company, LLC: Company Snapshot
Figure 88 Product Offering: Scorecard
Figure 89 Business Strategy: Scorecard

The global propylene glycol market was valued at USD 3.47 Billion in 2016, and is projected to reach USD 4.60 Billion by 2021, at a CAGR of 5.8% from 2016 to 2021. Growing automotive industry in Asia-Pacific and eco-friendly production process of bio-based propylene glycol are expected drive the market during the forecast period.

On the basis of source, the global propylene glycol market is classified into petroleum-based and bio-based propylene glycol. The petroleum-based propylene glycol segment is expected to lead the global propylene glycol market during the forecast period, due to its growing use in the transportation and building & construction industries.

Based on application, the market is segmented into unsaturated polyester resin, food pharmaceuticals & cosmetics, antifreeze & functional fluids, liquid detergents, plasticizers, and others. The unsaturated polyester resin segment is expected to lead the global propylene glycol market during the forecast period, followed by food, pharmaceuticals & cosmetics. Growing building & construction industry, coupled with increasing investments in emerging economies such as China, India, and Brazil for the infrastructural development is driving this segment.

In terms of end-use industry, the market is classified into transportation, building & construction, pharmaceuticals & cosmetics, food & beverage, and others. Transportation is projected to be the fastest-growing end-use industry, due to the growing sales of automobiles. In addition, the increase in the use of propylene glycols in applications such as aircraft deicing fluid, automotive coolants, and hydraulic & brake fluids, is also driving this end-use industry.

On the basis of region, the market is segmented into Asia-Pacific, Europe, North America, Middle East & Africa, and South America. Currently, the Asia-Pacific region is the largest market for propylene glycol. Rapid industrialization and improved living standards is expected to drive the increasing demand for propylene glycol.  The region is also projected to be the fastest-growing market from 2016 to 2021. This growth is attributed to the rapidly growing transportation industry in the region.

Propylene Glycol Market

The major factors restraining the growth of the global propylene glycol market is maturity of petroleum-based propylene glycol. Propylene glycol is a petrochemical that does not differ in grades or specifications between manufacturers (except industrial and USP). Industrial grade propylene glycol is used as a feedstock to manufacture other chemicals; hence it acts as a base feed with little modification at the time of application. This gives manufacturers very little scope for product differentiation.  Some of the key players in the global propylene glycol market are The Dow Chemical Company (U.S.), LyondellBasell Industries N.V. (Netherlands), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Global Bio-chem Technology Group Co., Ltd. (China), DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Huntsman Corporation (U.S.), SKC Co., Ltd. (South Korea), Temix International S.R.L. (Italy), and Ineos Oxide (Switzerland) among others.

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