Global Mono Propylene Glycol Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by the increasing demand for pharmaceutical grade MPGs in the chemicals industry and pharmaceuticals industry, which are used as solvents and diluents in various applications such as paints, coatings, adhesives, and plastics.
The global mono propylene glycol market is segmented on the basis of type into pharmaceutical grade MPGs (Pharmaceutical Grade), food grade MPGs (Food Grade), technical grade MPGs (Technical Grade). Pharmaceutical grade MPGs accounted for a major share of the global mono propylene glycol market in 2017 owing to its wide application in various industries such as chemicals industry and pharmaceuticals industry. The demand for food-grade MPGs is also increasing due to its use as an additive or preservative agent in food products such as ice cream, frozen desserts, bakery products etc, while technical-grade MPG has limited application across industries due to its high cost of production.
The global mono propylene glycol market can be classified on the basis of application into chemical industry and pharmaceuticals industry; chemical industry accounted for a major share of the global mono propylene glycol market owing to its wide usage across various industries including paints & coatings, adhesives & sealants etc, while pharmaceuticals sector accounted for a minor share due to stringent regulations imposed by regulatory bodies like US FDA on manufacturing processes followed by manufacturers which restricts their production capacity.
Some Of The Growth Factors Of This Market:
- Propylene glycol has been used in various industries such as food and beverage, personal care and cosmetics, pharmaceuticals and medical devices, paints and coatings, textiles and fibers, plastics and rubber.
- Propylene glycol has been used in various industries such as food and beverage, personal care and cosmetics, pharmaceuticals and medical devices, paints and coatings, textiles and fibers.
- Propylene Glycol can be used as an additive in foods.
Industry Growth Insights published a new data on “Mono Propylene Glycol Market”. The research report is titled “Mono Propylene Glycol Market research by Types (Pharmaceutical Grade, Food Grade, Technical Grade), By Applications (Chemicals Industry, Pharmaceuticals Industry, Other), By Players/Companies Royal Dutch Shell, Dow Chemical, LuondellBasell Industries, Huntsman Corporation, Adeka, AGC Inc., Repsol, Sadara Chemical Company”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mono Propylene Glycol Market Research Report
By Type
Pharmaceutical Grade, Food Grade, Technical Grade
By Application
Chemicals Industry, Pharmaceuticals Industry, Other
By Companies
Royal Dutch Shell, Dow Chemical, LuondellBasell Industries, Huntsman Corporation, Adeka, AGC Inc., Repsol, Sadara Chemical Company
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Mono Propylene Glycol Market Report Segments:
The global Mono Propylene Glycol market is segmented on the basis of:
Types
Pharmaceutical Grade, Food Grade, Technical Grade
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
Chemicals Industry, Pharmaceuticals Industry, Other
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:
- Royal Dutch Shell
- Dow Chemical
- LuondellBasell Industries
- Huntsman Corporation
- Adeka
- AGC Inc.
- Repsol
- Sadara Chemical Company
Highlights of The Mono 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:
- Pharmaceutical Grade
- Food Grade
- Technical Grade
- By Application:
- Chemicals Industry
- Pharmaceuticals Industry
- Other
- 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 Mono 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Mono propylene glycol is a clear, colorless liquid that is used as a solvent and emulsifier. It has a sweet taste and can be found in many products, including cosmetics, food items, and pharmaceuticals. Mono propylene glycol is also used in antifreeze to prevent freezing damage.
Some of the major players in the mono propylene glycol market are Royal Dutch Shell, Dow Chemical, LuondellBasell Industries, Huntsman Corporation, Adeka, AGC Inc., Repsol, Sadara Chemical Company.
The mono propylene glycol market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mono Propylene Glycol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mono Propylene Glycol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mono Propylene Glycol Market - Supply Chain
4.5. Global Mono Propylene Glycol Market Forecast
4.5.1. Mono Propylene Glycol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mono Propylene Glycol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mono Propylene Glycol Market Absolute $ Opportunity
5. Global Mono Propylene Glycol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mono Propylene Glycol Market Size and Volume Forecast by Type
5.3.1. Pharmaceutical Grade
5.3.2. Food Grade
5.3.3. Technical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mono Propylene Glycol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mono Propylene Glycol Market Size and Volume Forecast by Application
6.3.1. Chemicals Industry
6.3.2. Pharmaceuticals Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mono Propylene Glycol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mono Propylene Glycol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mono Propylene Glycol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mono Propylene Glycol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mono Propylene Glycol Demand Share Forecast, 2019-2026
9. North America Mono Propylene Glycol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mono Propylene Glycol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mono Propylene Glycol Market Size and Volume Forecast by Application
9.4.1. Chemicals Industry
9.4.2. Pharmaceuticals Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mono Propylene Glycol Market Size and Volume Forecast by Type
9.7.1. Pharmaceutical Grade
9.7.2. Food Grade
9.7.3. Technical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mono Propylene Glycol Demand Share Forecast, 2019-2026
10. Latin America Mono Propylene Glycol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mono Propylene Glycol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mono Propylene Glycol Market Size and Volume Forecast by Application
10.4.1. Chemicals Industry
10.4.2. Pharmaceuticals Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mono Propylene Glycol Market Size and Volume Forecast by Type
10.7.1. Pharmaceutical Grade
10.7.2. Food Grade
10.7.3. Technical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mono Propylene Glycol Demand Share Forecast, 2019-2026
11. Europe Mono Propylene Glycol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mono Propylene Glycol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mono Propylene Glycol Market Size and Volume Forecast by Application
11.4.1. Chemicals Industry
11.4.2. Pharmaceuticals Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mono Propylene Glycol Market Size and Volume Forecast by Type
11.7.1. Pharmaceutical Grade
11.7.2. Food Grade
11.7.3. Technical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mono Propylene Glycol Demand Share, 2019-2026
12. Asia Pacific Mono Propylene Glycol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mono Propylene Glycol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mono Propylene Glycol Market Size and Volume Forecast by Application
12.4.1. Chemicals Industry
12.4.2. Pharmaceuticals Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mono Propylene Glycol Market Size and Volume Forecast by Type
12.7.1. Pharmaceutical Grade
12.7.2. Food Grade
12.7.3. Technical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mono Propylene Glycol Demand Share, 2019-2026
13. Middle East & Africa Mono Propylene Glycol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mono Propylene Glycol Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mono Propylene Glycol Market Size and Volume Forecast by Application
13.4.1. Chemicals Industry
13.4.2. Pharmaceuticals Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mono Propylene Glycol Market Size and Volume Forecast by Type
13.7.1. Pharmaceutical Grade
13.7.2. Food Grade
13.7.3. Technical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mono Propylene Glycol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mono Propylene Glycol Market: Market Share Analysis
14.2. Mono Propylene Glycol Distributors and Customers
14.3. Mono Propylene Glycol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Royal Dutch Shell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dow Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LuondellBasell Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huntsman Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adeka
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AGC Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Repsol
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sadara Chemical Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
