Market Overview:
The global polypropylene glycol market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polypropylene glycol from various applications such as intermediate, solvent, skin care and cosmetics, and others. In terms of type, the PPG average Mn ~200-1500 segment is projected to grow at a higher CAGR during the forecast period followed by PPG average Mn ~1500-3000 and PPG average Mn above 3000 segments. North America dominates the global polypropylene glycol market with a share of more than 30%.
Product Definition:
polypropylene glycol (PPG) is a clear, colorless, viscous liquid that is soluble in water and has a mild sweet taste. PPG is used as a humectant (a substance that helps retain moisture) in food products and as an emulsifier in cosmetic products.
PPG Average Mn ~200-1500:
PPG Average Mn ~200-1500 is a high performance propylene glycol used in food & beverage, personal care and pharmaceutical industries. It offers excellent solubility in water, low toxicity and heat stability which makes it suitable for various applications. PPG Average Mn ~200-1500 has the ability to form hydrogels at room temperature when mixed with water or other polymers such as ethylene oxide and ethanolamines.
PPG Average Mn ~1500-3000:
PPG Average Mn ~ 1500-3000 is a premium grade of polypropylene glycol with an average molecular weight between 1500 and 3000. It has applications in paints, coatings, printing inks, adhesives & sealants and other industries. PPG Average Mn ~1500-3000 is produced by the catalytic polymerization of ethylene oxide which has been commercially available since the early 1960s under the brand name “Amon” from The Dow Chemical Company.
Application Insights:
Skin care and cosmetics was the largest application segment in 2016, accounting for over 55% of the overall market. Increasing demand for skin care products due to rising awareness about maintaining good skin quality is expected to drive product demand over the forecast period. Rising consumer preference towards luxury goods is also likely to have a positive impact on market growth during the same period.
Intermediate segment emerged as another lucrative application sector for polypropylene glycols with a share of around 30% in 2016. The major applications include paints and coatings, adhesives, foams, emulsions, and plastics among others.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 40% of the overall revenue share. The region is expected to witness significant growth on account of rising product demand from end-use industries, such as paints & coatings, automotive, pharmaceuticals and others. Increasing population coupled with rising living standards have led to an increase in consumer spending on personal care products such as skin care creams and lotions which will drive product demand further.
The increasing number of MNCs manufacturing polypropylene glycol in countries like China owing to low raw material prices has resulted in a shift towards this chemical compound for manufacturing various products including solvents, adhesives & sealants used by professionals including painters, plumbers etc., thus driving industry growth across the globe.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging is expected to drive the growth of the polypropylene glycol market.
- Growing awareness about the benefits of using polypropylene glycols is projected to fuel its demand in various end-use industries over the forecast period.
- Stringent environmental regulations regarding VOC emissions are likely to propel the use of polypropylene glycols as they have low VOC emissions compared with other alternatives.
- Rising investments in research and development activities for new applications is anticipated to provide opportunities for market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Poly Propylene Glycol Market Research Report
By Type
PPG Average Mn ~200-1500, PPG Average Mn ~1500-3000, PPG Average Mn above 3000
By Application
Intermediate, Solvent, Skin Care and Cosmetics, Others
By Companies
KKPC, Mitsui Chemical, BASF, Dow, AGC, Shell, Covestro, Ineos, Sanyo Chemical, Jiangsu Haian Petrochemical, Zhejiang Huangma, Zibo Yunchuan Chemical, Sungda Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Poly Propylene Glycol Market Report Segments:
The global Poly Propylene Glycol market is segmented on the basis of:
Types
PPG Average Mn ~200-1500, PPG Average Mn ~1500-3000, PPG Average Mn above 3000
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Intermediate, Solvent, Skin Care and Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KKPC
- Mitsui Chemical
- BASF
- Dow
- AGC
- Shell
- Covestro
- Ineos
- Sanyo Chemical
- Jiangsu Haian Petrochemical
- Zhejiang Huangma
- Zibo Yunchuan Chemical
- Sungda Chemical
Highlights of The Poly Propylene Glycol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PPG Average Mn ~200-1500
- PPG Average Mn ~1500-3000
- PPG Average Mn above 3000
- By Application:
- Intermediate
- Solvent
- Skin Care and Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Poly Propylene Glycol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polypropylene glycol is a synthetic compound that is used as a solvent, emulsifier, and lubricant. It can be found in many products including cosmetics, food items, and pharmaceuticals. Polypropylene glycol is also known to be toxic if ingested in large quantities.
Some of the major companies in the poly propylene glycol market are KKPC, Mitsui Chemical, BASF, Dow, AGC, Shell, Covestro, Ineos, Sanyo Chemical, Jiangsu Haian Petrochemical, Zhejiang Huangma, Zibo Yunchuan Chemical, Sungda Chemical.
The poly propylene glycol market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Poly Propylene Glycol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Poly Propylene Glycol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Poly Propylene Glycol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Poly Propylene Glycol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Poly Propylene Glycol Market Size & Forecast, 2020-2028
4.5.1 Poly Propylene Glycol Market Size and Y-o-Y Growth
4.5.2 Poly Propylene Glycol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PPG Average Mn ~200-1500
5.2.2 PPG Average Mn ~1500-3000
5.2.3 PPG Average Mn above 3000
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Intermediate
6.2.2 Solvent
6.2.3 Skin Care and Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Poly Propylene Glycol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Poly Propylene Glycol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PPG Average Mn ~200-1500
9.6.2 PPG Average Mn ~1500-3000
9.6.3 PPG Average Mn above 3000
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Intermediate
9.10.2 Solvent
9.10.3 Skin Care and Cosmetics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PPG Average Mn ~200-1500
10.6.2 PPG Average Mn ~1500-3000
10.6.3 PPG Average Mn above 3000
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Intermediate
10.10.2 Solvent
10.10.3 Skin Care and Cosmetics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PPG Average Mn ~200-1500
11.6.2 PPG Average Mn ~1500-3000
11.6.3 PPG Average Mn above 3000
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Intermediate
11.10.2 Solvent
11.10.3 Skin Care and Cosmetics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PPG Average Mn ~200-1500
12.6.2 PPG Average Mn ~1500-3000
12.6.3 PPG Average Mn above 3000
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Intermediate
12.10.2 Solvent
12.10.3 Skin Care and Cosmetics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PPG Average Mn ~200-1500
13.6.2 PPG Average Mn ~1500-3000
13.6.3 PPG Average Mn above 3000
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Intermediate
13.10.2 Solvent
13.10.3 Skin Care and Cosmetics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Poly Propylene Glycol Market: Competitive Dashboard
14.2 Global Poly Propylene Glycol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KKPC
14.3.2 Mitsui Chemical
14.3.3 BASF
14.3.4 Dow
14.3.5 AGC
14.3.6 Shell
14.3.7 Covestro
14.3.8 Ineos
14.3.9 Sanyo Chemical
14.3.10 Jiangsu Haian Petrochemical
14.3.11 Zhejiang Huangma
14.3.12 Zibo Yunchuan Chemical
14.3.13 Sungda Chemical
