Global 1,2-Propylene Glycol Sales Market Report 2020

1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
1, 2-Propanediol which usually called as propylene glycol (PG) is a kind of bulk petrochemical that has been found widely used to produce unsaturated polyester resins (UPR), functional fluids, cosmetics, pharmaceutics and food, liquid detergents, etc. Unsaturated polyester resins are the largest market of 1, 2-Propanediol, with a global consumption market share of 41.10%. The market share is higher in developing areas like China. The demand of functional fluids is stable, with its major market founded in Europe and North America. As a kind of petrochemical, the global average price of 1, 2-Propanediol fluctuates with the price of PO, the price of which is related to the price of propylene. There are also bio based PG which is mainly supplied by ADM.

Market Analysis and Insights: Global 1,2-Propylene Glycol Market
The global 1,2-Propylene Glycol market size is projected to reach US$ 3968.7 million by 2026, from US$ 3422.2 million in 2020, at a CAGR of 2.5% during 2021-2026.

Global 1,2-Propylene Glycol Scope and Market Size
The global 1,2-Propylene Glycol market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global 1,2-Propylene Glycol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the 1,2-Propylene Glycol market is segmented into
Industrial Grade 1,2-Propylene Glycol
Food Grade 1,2-Propylene Glycol
Pharmaceutical Grade 1,2-Propylene Glycol

Segment by Application, the 1,2-Propylene Glycol market is segmented into
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents

The 1,2-Propylene Glycol market is analysed and market size information is provided by regions (countries). Segment by Application, the 1,2-Propylene Glycol market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and 1,2-Propylene Glycol Market Share Analysis
1,2-Propylene Glycol market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in 1,2-Propylene Glycol business, the date to enter into the 1,2-Propylene Glycol market, 1,2-Propylene Glycol product introduction, recent developments, etc.

The major vendors covered:
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