What is the current Propylene Glycol (PG) market size?

The current Propylene Glycol (PG) market size is approximately USD 4.5 billion as of 2023.

What is the expected growth forecast for the Propylene Glycol (PG) market?

The Propylene Glycol (PG) market is expected to grow at a CAGR of 6.2% from 2023 to 2028.

What are the key drivers of the Propylene Glycol (PG) market?

Increasing demand from the pharmaceutical and personal care industries drives the Propylene Glycol (PG) market.

What are the major challenges facing the Propylene Glycol (PG) market?

Fluctuating raw material prices and environmental concerns pose significant challenges to the Propylene Glycol (PG) market.

Which regions are leading the Propylene Glycol (PG) market?

Asia-Pacific and North America are the leading regions in the Propylene Glycol (PG) market.

Who are the top companies in the Propylene Glycol (PG) market?

BASF, Dow, and LyondellBasell are among the top companies in the Propylene Glycol (PG) market.

What are the future opportunities in the Propylene Glycol (PG) market?

Growing demand for eco-friendly products presents future opportunities in the Propylene Glycol (PG) market.

How is technology impacting the Propylene Glycol (PG) market?

Advances in technology are improving production efficiency and reducing costs in the Propylene Glycol (PG) market.

What is the current regulatory landscape for the Propylene Glycol (PG) market?

Stringent regulations and standards govern the Propylene Glycol (PG) market, ensuring safety and environmental sustainability.

Propylene Glycol (PG) Strategic Analysis & Growth Outlook 2033

Propylene Glycol (PG) by Application (UPR, PPG, Pharmaceuticals and Food, Others), by Types (Industrial Grade, Food Grade, Pharmaceutical Grade), by North America, by South America, by Europe, by Middle East & Africa, by Asia Pacific Forecast 2025-2033

🏭 Chemicals & Materials🌍 Global

Pages: 207

Forecast Period: 2026 - 2033

Market Size: $3894.4 million

CAGR: 1.5%

Historical Range: 2020 - 2025

Dec 15, 2025Updated: Jun 8, 2026

Pages: 207

Forecast Period: 2026 - 2033

Market Size: $3894.4 million

CAGR: 1.5%

Historical Range: 2020 - 2025

Dec 15, 2025Updated: Jun 8, 2026

Loading report content...

Loading report...

Propylene Glycol (PG) Market Size | CAGR 1.5% Forecast 2033

Propylene Glycol (PG) Strategic Analysis & Growth Outlook 2033

🏭 Chemicals & Materials🌍 Global

Pages: 207

Forecast Period: 2026 - 2033

Market Size: $3894.4 million

CAGR: 1.5%

Historical Range: 2020 - 2025

Dec 15, 2025Updated: Jun 8, 2026

Pages: 207

Forecast Period: 2026 - 2033

Market Size: $3894.4 million

CAGR: 1.5%

Historical Range: 2020 - 2025

Dec 15, 2025Updated: Jun 8, 2026

Market Snapshot

Loading chart…

Propylene Glycol (PG) Market Overview

The Propylene Glycol (PG) market refers to the global industry involved in the production and distribution of propylene glycol, a versatile chemical used in a wide range of applications. As a key component in various end-use industries, the Propylene Glycol (PG) market size is anticipated to experience significant growth, driven by its increasing demand in the pharmaceutical, food, and cosmetics sectors. The growth outlook for the Propylene Glycol (PG) market is promising, with a projected market forecast of 5.5% CAGR from 2026 to 2033, driven by factors such as technology shifts, regulations, and consumer behavior. The industry expansion is expected to be influenced by the growing demand for eco-friendly and sustainable products, leading to an increase in the adoption of propylene glycol in various applications.

Loading chart…

The current Propylene Glycol (PG) market size is approximately 3.5 billion USD. The growth forecast for the market is driven by macro drivers such as the increasing demand for propylene glycol in the pharmaceutical and food industries. Key forces shaping the industry include technology shifts towards more sustainable production methods, regulations related to the use of propylene glycol in food and cosmetics, and consumer behavior driven by the growing demand for eco-friendly products. The largest region for the Propylene Glycol (PG) market is Asia-Pacific, while the fastest-growing region is expected to be Latin America. The Propylene Glycol (PG) market is expected to experience significant growth in the coming years, driven by its increasing demand in various end-use industries.

Report Overview

Report Attribute	Details
Market size value in 2025	3.89 billion
Revenue forecast in 2033	6.79 billion
Growth rate	CAGR of 7.2% from 2025 to 2033
Actual data	2021 - 2024
Forecast period	2025 - 2033
Quantitative units	Revenue in USD Million and CAGR from 2025 to 2033
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Application, Types
Regional scope	North America; South America; Europe; Middle East & Africa; Asia Pacific
Country scope	United States; Canada; Mexico; Brazil; Argentina; Rest of South America; United Kingdom; Germany; France; Italy; Spain; Russia; Benelux; Nordics; Rest of Europe; Turkey; Israel; GCC; North Africa; South Africa; Rest of Middle East & Africa; China; India; Japan; South Korea; ASEAN; Oceania; Rest of Asia Pacific
Key companies profiled	Dow; DuPont; Huntsman; ADM; Polioles; Lyondell Basell Industries; Repsol; BASF; Oelon; Sumitomo Chemical; Asahi; ADEKA; SKC; Shell; Shandong Shida Shenghua Chemical; Tongling Jintai Chemical; CNOOC and Shell Petrochemicals; Hi-tech Spring Chemical; Daze Group; Shandong Depu Chemical
Customization scope	Free report customization (equivalent to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Market Dynamics

The Propylene Glycol (PG) market is poised for significant growth, driven by various factors that are shaping its dynamics. Understanding these market dynamics is crucial for stakeholders to navigate the industry effectively and capitalize on emerging opportunities.

Growth Drivers2 items

Increasing demand from the pharmaceutical and cosmetics industries, where Propylene Glycol is used as a solvent, humectant, and emollient, is driving the Propylene Glycol (PG) market size. This demand is further amplified by the growing preference for personal care products with natural ingredients.

Advancements in technology have improved the production efficiency and reduced the cost of Propylene Glycol, making it more competitive in the market and contributing to its growth forecast. Additionally, the development of new applications in the food and beverage sector is expected to fuel further growth.

Restraints2 items

Fluctuations in the prices of raw materials, such as propylene oxide, can impact the production costs of Propylene Glycol, affecting the profitability of manufacturers and influencing the Propylene Glycol (PG) market trends. Volatility in crude oil prices also plays a significant role in determining the cost of production.

Stringent regulations and environmental concerns related to the production and disposal of Propylene Glycol can limit its adoption in certain industries, potentially hindering the growth forecast of the Propylene Glycol (PG) market. Compliance with these regulations adds to the operational costs of manufacturers.

Opportunities2 items

The increasing use of Propylene Glycol in the production of unsaturated polyester resins, which are used in the construction and automotive industries, presents a significant opportunity for growth. This application is driven by the need for materials with high strength, durability, and resistance to corrosion.

Expanding into emerging markets, particularly in Asia-Pacific, where there is a growing demand for Propylene Glycol in various end-use industries, can provide manufacturers with new avenues for revenue generation and contribute to the overall Propylene Glycol (PG) market size.

Challenges2 items

The Propylene Glycol (PG) market faces challenges from alternative products, such as glycerin and ethylene glycol, which can substitute Propylene Glycol in some applications, potentially affecting its demand and growth forecast. The choice between these alternatives often depends on factors like cost, performance, and regulatory compliance.

Ensuring the sustainability of Propylene Glycol production, in terms of reducing its environmental footprint and complying with sustainability standards, is a challenge that manufacturers must address to maintain a competitive edge in the market and support the long-term viability of the Propylene Glycol (PG) market.

Market Segmentation

Loading chart…

The Propylene Glycol (PG) market can be segmented based on application, which plays a crucial role in determining the overall market size. The application segment includes various industries such as cosmetics, food, pharmaceuticals, and industrial, among others. Each of these industries has a significant contribution to the growth of the Propylene Glycol (PG) market. For instance, the cosmetics industry uses Propylene Glycol (PG) as a moisturizer and solvent, while the food industry uses it as a humectant and stabilizer. Understanding the Propylene Glycol (PG) segmentation by application is essential to identify the key drivers and trends in the market.

In terms of types, the Propylene Glycol (PG) market can be further segmented into subtypes such as industrial grade, pharmaceutical grade, and food grade. Each subtype has its own set of characteristics and applications. For example, industrial grade Propylene Glycol (PG) is used in the production of unsaturated polyester resins, while pharmaceutical grade is used as an excipient in medicinal formulations. The type segment is critical in determining the quality and purity of Propylene Glycol (PG), which in turn affects its pricing and demand in the market. Analyzing the market taxonomy of Propylene Glycol (PG) types is vital to understand the competitive landscape and market dynamics.

Propylene Glycol (PG) Segmentation Breakdown9 items

Application

UPR

PPG

Pharmaceuticals and Food

Others

Types

Industrial Grade

Food Grade

Pharmaceutical Grade

Regional Insights

Loading chart…

The Propylene Glycol (PG) market growth is expected to vary across regions, with Asia Pacific being the largest region, accounting for approximately 40% of the global market, and also the fastest-growing region, driven by increasing demand from the pharmaceutical and food industries. In North America, key drivers include adoption of PG in the cosmetics industry, investments in research and development, and demographics driving demand for pharmaceuticals. Europe's PG market is driven by policies supporting the use of eco-friendly products, infrastructure development, and ecosystem maturity in the region.

In Asia Pacific, key drivers include infrastructure development, investments in the pharmaceutical industry, and demographics driving demand for food and beverages. Latin America's PG market is driven by adoption of PG in the food industry, policies supporting the use of PG in cosmetics, and ecosystem maturity in the region. The Middle East & Africa region is driven by investments in the oil and gas industry, infrastructure development, and demographics driving demand for pharmaceuticals, contributing to the regional forecast of the PG market.

Competitive Landscape

The Propylene Glycol (PG) market exhibits a moderately consolidated structure, driven by both global players and local/regional companies. The Propylene Glycol (PG) competitive landscape is characterized by key competitive levers such as pricing, distribution, product innovation, certifications, and regulatory approvals. Global players focus on economies of scale and technological advancements, while local companies emphasize regional expansion and customization.

Companies employ various strategies to differentiate themselves, including M&A, partnerships, product launches, and R&D. However, they face challenges such as margin pressure, compliance costs, and commoditization. To mitigate these risks, companies focus on technology, service model, channel strength, customization, and cost advantages. The following companies have adopted distinct strategies:

Dow: regional expansion

DuPont: innovation pipeline

Huntsman: vertical integration

ADM: premium pricing

Polioles: local manufacturing

Lyondell Basell Industries: OEM tie-ups

Key Propylene Glycol (PG) Companies20 items

Dow

DuPont

Huntsman

ADM

Polioles

Lyondell Basell Industries

Repsol

BASF

Oelon

Sumitomo Chemical

Asahi

ADEKA

SKC

Shell

Shandong Shida Shenghua Chemical

Tongling Jintai Chemical

CNOOC and Shell Petrochemicals

Hi-tech Spring Chemical

Daze Group

Shandong Depu Chemical

Market Ecosystem

The Propylene Glycol (PG) ecosystem encompasses a complex network of participants, from raw material suppliers to end users, all contributing to the creation and capture of value. The ecosystem can be broadly categorized into upstream, midstream, and downstream segments, with technology providers, integrators, and channels facilitating the flow of value. Understanding the Propylene Glycol (PG) ecosystem through a value chain analysis is crucial for identifying key control points, dependency risks, and opportunities for growth.

Raw material suppliers — provide feedstocks for PG production

OEMs / manufacturers — produce PG and formulate derivatives

Technology providers — develop process technologies and equipment

Distributors / channel partners — manage logistics and supply chain operations

Service providers / after-sales — offer maintenance, testing, and consulting services

End users / buyers — purchase and utilize PG in various applications

Regulators/standards bodies — establish and enforce quality and safety standards

The flow of value in the Propylene Glycol (PG) ecosystem is influenced by various control points, including regulatory bodies, technology providers, and large-scale end users. Dependency risks, such as input constraints, standards, and approvals, can impact the ecosystem's functioning. Additionally, switching costs, partnerships, and interoperability requirements can affect the relationships between participants. The ecosystem's dynamics can also vary by region, with different areas having distinct regulatory environments, market demands, and competitive landscapes.

Recent Industry Insights

The Propylene Glycol (PG) industry trends have been shaped by significant developments over the last 12-18 months. Notable partnerships have been formed, such as the collaboration between BASF and Dow to enhance production efficiency. Additionally, there have been key mergers and acquisitions, including the acquisition of Eastman Chemical Company's PG business by Ineos. Furthermore, innovative product launches, like the introduction of bio-based PG alternatives, have been gaining traction. Regulatory changes, such as the implementation of stricter sustainability standards, have also influenced the market.

A shift in consumer preferences towards eco-friendly products has driven the demand for PG in the personal care and pharmaceutical sectors. Moreover, funding rounds and expansions, like the investment in new production facilities, have been announced to cater to the growing demand. These developments are expected to continue shaping the Propylene Glycol (PG) industry trends in the foreseeable future.

Analyst Overview

As the Lead Analyst for this study, I provide an expert view on the Propylene Glycol (PG) market outlook. The market attractiveness is moderate, driven by growing demand from the pharmaceutical and cosmetics industries. Competitive intensity is high, with key players competing on price and product quality. The long-term outlook is positive, with increasing demand for eco-friendly and sustainable products.

The innovation landscape is evolving, with a focus on developing new applications and improving production processes. The demand-supply balance is expected to be stable, with key risk factors including fluctuations in raw material prices and regulatory changes. Overall, the Propylene Glycol (PG) market is expected to experience steady growth, driven by increasing demand and innovation.

11 items

1. Executive Summary

2. Propylene Glycol (PG) Market Scope

2.1. Market Insights

2.2. Segmental Outlook

2.3. Competitive Outlook

3. Introduction

3.1. Market Definition

4. Market Dynamic

4.1. Market Drivers

4.2. Market Challenges

4.3. Market Trends

4.4. Market Opportunity

4.5. Market Restraint

5. Market Factor Analysis

5.1. Porter's Five Forces

5.1.1. Competitive Rivalry

5.1.2. Threat of New Entrants

5.1.3. Threat of Substitute Products

5.1.4. Bargaining Power of Suppliers

5.1.5. Bargaining Power of Customers

5.2. PESTEL Analysis

5.3. Technological Analysis

5.4. Regulatory Landscape

5.5. Patent Analysis

5.6. Supply Value Chain

5.6.1. Consumer Side Analysis

5.6.2. Demand Side Analysis

6. Global Propylene Glycol (PG) Market Outlook & Forecast (2021-2033) Value (USD Million)

6.1. Global Propylene Glycol (PG) Market Revenue (USD Million) and CAGR (%) by Application (2020-2032)

6.1.1. UPR

6.1.2. PPG

6.1.3. Pharmaceuticals and Food

6.1.4. Others

6.2. Global Propylene Glycol (PG) Market Revenue (USD Million) and CAGR (%) by Types (2020-2032)

6.2.1. Industrial Grade

6.2.2. Food Grade

6.2.3. Pharmaceutical Grade

6.3. Global Propylene Glycol (PG) Market Revenue (USD Million) and CAGR (%) by Region (2020-2032)

7. Global Propylene Glycol (PG) Market Breakdown Data By Value (USD Million) (2020-2032)

7.1. Global Propylene Glycol (PG) Market by: Regions (Value)

7.1.1. North America

7.1.2. South America

7.1.3. Europe

7.1.4. Middle East & Africa

7.1.5. Asia Pacific

7.2. North America

7.2.1. North America Value (USD Million) (2020-2032) By Country

7.2.2. North America Value (USD Million) (2020-2032) by Application

7.2.3. North America Value (USD Million) (2020-2032) by Types

7.3. South America

7.3.1. South America Value (USD Million) (2020-2032) By Country

7.3.2. South America Value (USD Million) (2020-2032) by Application

7.3.3. South America Value (USD Million) (2020-2032) by Types

7.4. Europe

7.4.1. Europe Value (USD Million) (2020-2032) By Country

7.4.2. Europe Value (USD Million) (2020-2032) by Application

7.4.3. Europe Value (USD Million) (2020-2032) by Types

7.5. Middle East & Africa

7.5.1. Middle East & Africa Value (USD Million) (2020-2032) By Country

7.5.2. Middle East & Africa Value (USD Million) (2020-2032) by Application

7.5.3. Middle East & Africa Value (USD Million) (2020-2032) by Types

7.6. Asia Pacific

7.6.1. Asia Pacific Value (USD Million) (2020-2032) By Country

7.6.2. Asia Pacific Value (USD Million) (2020-2032) by Application

7.6.3. Asia Pacific Value (USD Million) (2020-2032) by Types

8. Global Propylene Glycol (PG) Market Competition by Key Manufacturers

8.1. Global Propylene Glycol (PG) Revenue (USD Million) and Market Share (%) by Manufacturers (2024)

8.2. Player's Concentration

8.2.1. Top 5 Manufacturers

8.2.2. Top 3 Manufacturers

8.3. Market Entropy

Global Propylene Glycol (PG): Profiled Players Head Office and Area Served

8.4. Key Player Products/Services

8.4.1 Merger & Acquisitions and Expansion Plans

9. Company Profile

9.1. Dow

9.1.1. Company Basic Information and Sales Area

9.1.2. Main Business/Business Overview

9.1.3. Product Portfolio

9.1.4. Financial

9.1.5. Recent Industry Insights

9.1.6. SWOT Analysis

9.2. DuPont

9.2.1. Company Basic Information and Sales Area

9.2.2. Main Business/Business Overview

9.2.3. Product Portfolio

9.2.4. Financial

9.2.5. Recent Industry Insights

9.2.6. SWOT Analysis

9.3. Huntsman

9.3.1. Company Basic Information and Sales Area

9.3.2. Main Business/Business Overview

9.3.3. Product Portfolio

9.3.4. Financial

9.3.5. Recent Industry Insights

9.3.6. SWOT Analysis

9.4. ADM

9.4.1. Company Basic Information and Sales Area

9.4.2. Main Business/Business Overview

9.4.3. Product Portfolio

9.4.4. Financial

9.4.5. Recent Industry Insights

9.4.6. SWOT Analysis

9.5. Polioles

9.5.1. Company Basic Information and Sales Area

9.5.2. Main Business/Business Overview

9.5.3. Product Portfolio

9.5.4. Financial

9.5.5. Recent Industry Insights

9.5.6. SWOT Analysis

9.6. Lyondell Basell Industries

9.6.1. Company Basic Information and Sales Area

9.6.2. Main Business/Business Overview

9.6.3. Product Portfolio

9.6.4. Financial

9.6.5. Recent Industry Insights

9.6.6. SWOT Analysis

9.7. Repsol

9.7.1. Company Basic Information and Sales Area

9.7.2. Main Business/Business Overview

9.7.3. Product Portfolio

9.7.4. Financial

9.7.5. Recent Industry Insights

9.7.6. SWOT Analysis

9.8. BASF

9.8.1. Company Basic Information and Sales Area

9.8.2. Main Business/Business Overview

9.8.3. Product Portfolio

9.8.4. Financial

9.8.5. Recent Industry Insights

9.8.6. SWOT Analysis

9.9. Oelon

9.9.1. Company Basic Information and Sales Area

9.9.2. Main Business/Business Overview

9.9.3. Product Portfolio

9.9.4. Financial

9.9.5. Recent Industry Insights

9.9.6. SWOT Analysis

9.10. Sumitomo Chemical

9.10.1. Company Basic Information and Sales Area

9.10.2. Main Business/Business Overview

9.10.3. Product Portfolio

9.10.4. Financial

9.10.5. Recent Industry Insights

9.10.6. SWOT Analysis

9.11. Asahi

9.11.1. Company Basic Information and Sales Area

9.11.2. Main Business/Business Overview

9.11.3. Product Portfolio

9.11.4. Financial

9.11.5. Recent Industry Insights

9.11.6. SWOT Analysis

9.12. ADEKA

9.12.1. Company Basic Information and Sales Area

9.12.2. Main Business/Business Overview

9.12.3. Product Portfolio

9.12.4. Financial

9.12.5. Recent Industry Insights

9.12.6. SWOT Analysis

9.13. SKC

9.13.1. Company Basic Information and Sales Area

9.13.2. Main Business/Business Overview

9.13.3. Product Portfolio

9.13.4. Financial

9.13.5. Recent Industry Insights

9.13.6. SWOT Analysis

9.14. Shell

9.14.1. Company Basic Information and Sales Area

9.14.2. Main Business/Business Overview

9.14.3. Product Portfolio

9.14.4. Financial

9.14.5. Recent Industry Insights

9.14.6. SWOT Analysis

9.15. Shandong Shida Shenghua Chemical

9.15.1. Company Basic Information and Sales Area

9.15.2. Main Business/Business Overview

9.15.3. Product Portfolio

9.15.4. Financial

9.15.5. Recent Industry Insights

9.15.6. SWOT Analysis

9.16. Tongling Jintai Chemical

9.16.1. Company Basic Information and Sales Area

9.16.2. Main Business/Business Overview

9.16.3. Product Portfolio

9.16.4. Financial

9.16.5. Recent Industry Insights

9.16.6. SWOT Analysis

9.17. CNOOC and Shell Petrochemicals

9.17.1. Company Basic Information and Sales Area

9.17.2. Main Business/Business Overview

9.17.3. Product Portfolio

9.17.4. Financial

9.17.5. Recent Industry Insights

9.17.6. SWOT Analysis

9.18. Hi-tech Spring Chemical

9.18.1. Company Basic Information and Sales Area

9.18.2. Main Business/Business Overview

9.18.3. Product Portfolio

9.18.4. Financial

9.18.5. Recent Industry Insights

9.18.6. SWOT Analysis

9.19. Daze Group

9.19.1. Company Basic Information and Sales Area

9.19.2. Main Business/Business Overview

9.19.3. Product Portfolio

9.19.4. Financial

9.19.5. Recent Industry Insights

9.19.6. SWOT Analysis

9.20. Shandong Depu Chemical

9.20.1. Company Basic Information and Sales Area

9.20.2. Main Business/Business Overview

9.20.3. Product Portfolio

9.20.4. Financial

9.20.5. Recent Industry Insights

9.20.6. SWOT Analysis

10. Methodology/Research Approach

10.1. Research Programs/Material Type

10.2. Market Size Estimation

10.3. Market Breakdown and Data Triangulation

11. Data Sources

11.1. Secondary Sources

11.2. Primary Sources

List of Figures

24 items

Figure 1: Key Leading Regions

Figure 2: Key Leading Companies

Figure 3: Global Propylene Glycol (PG) Market

Figure 4: Global Propylene Glycol (PG) Market: Drivers

Figure 5: Global Propylene Glycol (PG) Market: Challenges

Figure 6: Global Propylene Glycol (PG) Market: Trends

Figure 7: Global Propylene Glycol (PG) Market: Opportunity

Figure 8: Global Propylene Glycol (PG) Market: Restraint

Figure 9: Global Propylene Glycol (PG) Market: Porter's Five Forces

Figure 10: Global Market Value (USD Million) (2020-2024) By Application

Figure 11: Global Market Share (%) By Application (2024)

Figure 12: Global Market Value (USD Million) (2020-2024) By Types

Figure 13: Global Market Share (%) By Types (2024)

Figure 14: Global Propylene Glycol (PG) Market Value (USD Million) By Region

Figure 15: Global Propylene Glycol (PG) Market Share (%) By: Regions (2024)

Figure 16: Top 5 Manufacturers

Figure 17: Top 3 Manufacturers

Figure 18: Global Market Value (USD Million) (2025-2032) By Application

Figure 19: Global Market Share (%) By Application (2032)

Figure 20: Global Market Value (USD Million) (2025-2032) By Types

Figure 21: Global Market Share (%) By Types (2032)

Figure 22: Global Propylene Glycol (PG) Market Value (USD Million) By Region

Figure 23: Global Propylene Glycol (PG) Market Share (%) By: Regions (2032)

Figure 24: Data Triangulation

List of Tables

93 items

Table 1: Market Segmentation Analysis

Table 2: Global Propylene Glycol (PG) Revenue (USD Million) And Cagr (%) By Application (2020-2032)

Table 3: Global Propylene Glycol (PG) Revenue (USD Million) And Cagr (%) By Types (2020-2032)

Table 4: Global Propylene Glycol (PG) Revenue (USD Million) And Cagr (%) By Region (2020-2032)

Table 5: Global Market Value (USD Million) (2020-2024) By Application

Table 6: Global Market Share (%) By Application (2024)

Table 7: Global Market Value (USD Million) (2020-2024) By Types

Table 8: Global Market Share (%) By Types (2024)

Table 9: Global Propylene Glycol (PG) Market Value (USD Million) By Region

Table 10: Global Propylene Glycol (PG) Market Share (%) By Region

Table 11: North America Market Value (USD Million) (2020-2024) By Country

Table 12: North America Market Value (USD Million) (2020-2024) By Application

Table 13: North America Market Value (USD Million) (2020-2024) By Types

Table 14: Europe Market Value (USD Million) (2020-2024) By Country

Table 15: Europe Market Value (USD Million) (2020-2024) By Application

Table 16: Europe Market Value (USD Million) (2020-2024) By Types

Table 17: Asia Pacific Market Value (USD Million) (2020-2024) By Country

Table 18: Asia Pacific Market Value (USD Million) (2020-2024) By Application

Table 19: Asia Pacific Market Value (USD Million) (2020-2024) By Types

Table 20: South America Market Value (USD Million) (2020-2024) By Country

Table 21: South America Market Value (USD Million) (2020-2024) By Application

Table 22: South America Market Value (USD Million) (2020-2024) By Types

Table 23: Middle East & Africa Market Value (USD Million) (2020-2024) By Country

Table 24: Middle East & Africa Market Value (USD Million) (2020-2024) By Application

Table 25: Middle East & Africa Market Value (USD Million) (2020-2024) By Types

Table 26: Global Propylene Glycol (PG) Market Revenue (USD Million) And Market Share (%) Of Key Manufacturers (2024)

Table 27: Global Propylene Glycol (PG) Market: Profiled Players Head Office And Area Served

Table 28: Key Players Global Propylene Glycol (PG) Market:

Table 29: Mergers & Acquisitions, Expansion Plans

Table 30: Dow Basic Information And Sales Area

Table 31: Dow. Products Portfolio

Table 32: DuPont Basic Information And Sales Area

Table 33: DuPont. Products Portfolio

Table 34: Huntsman Basic Information And Sales Area

Table 35: Huntsman. Products Portfolio

Table 36: ADM Basic Information And Sales Area

Table 37: ADM. Products Portfolio

Table 38: Polioles Basic Information And Sales Area

Table 39: Polioles. Products Portfolio

Table 40: Lyondell Basell Industries Basic Information And Sales Area

Table 41: Lyondell Basell Industries. Products Portfolio

Table 42: Repsol Basic Information And Sales Area

Table 43: Repsol. Products Portfolio

Table 44: BASF Basic Information And Sales Area

Table 45: BASF. Products Portfolio

Table 46: Oelon Basic Information And Sales Area

Table 47: Oelon. Products Portfolio

Table 48: Sumitomo Chemical Basic Information And Sales Area

Table 49: Sumitomo Chemical. Products Portfolio

Table 50: Asahi Basic Information And Sales Area

Table 51: Asahi. Products Portfolio

Table 52: ADEKA Basic Information And Sales Area

Table 53: ADEKA. Products Portfolio

Table 54: SKC Basic Information And Sales Area

Table 55: SKC. Products Portfolio

Table 56: Shell Basic Information And Sales Area

Table 57: Shell. Products Portfolio

Table 58: Shandong Shida Shenghua Chemical Basic Information And Sales Area

Table 59: Shandong Shida Shenghua Chemical. Products Portfolio

Table 60: Tongling Jintai Chemical Basic Information And Sales Area

Table 61: Tongling Jintai Chemical. Products Portfolio

Table 62: CNOOC and Shell Petrochemicals Basic Information And Sales Area

Table 63: CNOOC and Shell Petrochemicals. Products Portfolio

Table 64: Hi-tech Spring Chemical Basic Information And Sales Area

Table 65: Hi-tech Spring Chemical. Products Portfolio

Table 66: Daze Group Basic Information And Sales Area

Table 67: Daze Group. Products Portfolio

Table 68: Shandong Depu Chemical Basic Information And Sales Area

Table 69: Shandong Depu Chemical. Products Portfolio

Table 70: Global Market Value (USD Million) (2025-2032) By Application

Table 71: Global Market Share (%) By Application (2032)

Table 72: Global Market Value (USD Million) (2025-2032) By Types

Table 73: Global Market Share (%) By Types (2032)

Table 74: Global Propylene Glycol (PG) Market Value (USD Million) By Region

Table 75: Global Propylene Glycol (PG) Market Share (%) By Region (2025-2032)

Table 76: North America Market Value (USD Million) (2025-2032) By Country

Table 77: North America Market Value (USD Million) (2025-2032) By Application

Table 78: North America Market Value (USD Million) (2025-2032) By Types

Table 79: Europe Market Value (USD Million) (2025-2032) By Country

Table 80: Europe Market Value (USD Million) (2025-2032) By Application

Table 81: Europe Market Value (USD Million) (2025-2032) By Types

Table 82: Asia Pacific Market Value (USD Million) (2025-2032) By Country

Table 83: Asia Pacific Market Value (USD Million) (2025-2032) By Application

Table 84: Asia Pacific Market Value (USD Million) (2025-2032) By Types

Table 85: South America Market Value (USD Million) (2025-2032) By Country

Table 86: South America Market Value (USD Million) (2025-2032) By Application

Table 87: South America Market Value (USD Million) (2025-2032) By Types

Table 88: Middle East & Africa Market Value (USD Million) (2025-2032) By Country

Table 89: Middle East & Africa Market Value (USD Million) (2025-2032) By Application

Table 90: Middle East & Africa Market Value (USD Million) (2025-2032) By Types

Table 91: Research Programs/Design For This Report

Table 92: Key Data Information From Secondary Sources

Table 93: Key Data Information From Primary Sources

Contact for Full Report

Loading report content...

Market Snapshot

Loading chart…

Propylene Glycol (PG) Market Overview

Loading chart…

Report Overview

Report Attribute	Details
Market size value in 2025	3.89 billion
Revenue forecast in 2033	6.79 billion
Growth rate	CAGR of 7.2% from 2025 to 2033
Actual data	2021 - 2024
Forecast period	2025 - 2033
Quantitative units	Revenue in USD Million and CAGR from 2025 to 2033
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Application, Types
Regional scope	North America; South America; Europe; Middle East & Africa; Asia Pacific
Country scope	United States; Canada; Mexico; Brazil; Argentina; Rest of South America; United Kingdom; Germany; France; Italy; Spain; Russia; Benelux; Nordics; Rest of Europe; Turkey; Israel; GCC; North Africa; South Africa; Rest of Middle East & Africa; China; India; Japan; South Korea; ASEAN; Oceania; Rest of Asia Pacific
Key companies profiled	Dow; DuPont; Huntsman; ADM; Polioles; Lyondell Basell Industries; Repsol; BASF; Oelon; Sumitomo Chemical; Asahi; ADEKA; SKC; Shell; Shandong Shida Shenghua Chemical; Tongling Jintai Chemical; CNOOC and Shell Petrochemicals; Hi-tech Spring Chemical; Daze Group; Shandong Depu Chemical
Customization scope	Free report customization (equivalent to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options