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Industrial grade propylene glycol is prepared by direct hydration of propylene oxide and water at 150-160°C and 0.78-0.98 MPa pressure. The reaction product is evaporated and rectified to obtain the finished product.
The global Industrial Grade Propylene Glycol market size was estimated at USD 2899.40 million in 2023 and is projected to reach USD 4654.51 million by 2032, exhibiting a CAGR of 5.40% during the forecast period.
North America Industrial Grade Propylene Glycol market size was estimated at USD 827.06 million in 2023, at a CAGR of 4.63% during the forecast period of 2025 through 2032.
This report provides a deep insight into the global Industrial Grade Propylene Glycol market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global , this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Industrial Grade Propylene Glycol market in any manner.
Global : Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application.
Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- Dow
- Lyondell Basell
- Huntsman
- ADM
- INEOS
- BASF
- Repsol
- Sumitomo Chemical
- SK
- Royal Dutch Shell
- Shandong Shida Shenghua Chemical Group
- CNOOC and Shell Petrochemicals Company Limited
- Dongying Hi-tech Spring Chemical Industry
- Shandong Depu Chemical Industry
- Daze Group
Market Segmentation (by Type)
- Acrolein Hydration
- Hydrogenation
- Ethylene Oxide Hydroxyl Method
- Others
Market Segmentation (by Application)
- Industrial Antifreeze
- Coating
- Cosmetic
- Others
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the
Key Reasons to Buy this Report:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
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