1. What is the projected Compound Annual Growth Rate (CAGR) of the 1,2-Propylene Glycol?
The projected CAGR is approximately XX%.
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1, 2-Propylene Glycol by Type (Hydration, Transesterification, Biosynthesis, World 1, 2-Propylene Glycol Production ), by Application (Unsaturated Polyester Resins (UPR), Functional Fluids, Cosmetics, Pharmaceutics and Food, Liquid Detergents, World 1, 2-Propylene Glycol Production ), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
Market Overview
The global 1,2-Propylene Glycol market is anticipated to reach a valuation of approximately USD 7225 million by the end of 2033, exhibiting a steady CAGR throughout the forecast period of 2025-2033. The growing demand for 1,2-Propylene Glycol in numerous end-use industries, including unsaturated polyester resins, functional fluids, cosmetics, and pharmaceuticals, is driving market expansion. The increasing urbanization and rising disposable incomes in emerging economies have spurred the demand for personal care products and pharmaceuticals, contributing to the growth of the market.
Market Dynamics
The major drivers propelling the 1,2-Propylene Glycol market include the expanding applications in the automotive, construction, and packaging industries. The increasing emphasis on sustainable products is also driving demand, as 1,2-Propylene Glycol is a biodegradable and non-toxic alternative to traditional solvents. However, fluctuations in raw material prices, stringent environmental regulations, and the availability of substitutes may pose challenges to market growth. The market is highly competitive, with key players such as Dow, LyondellBasell, and Indorama (Huntsman) dominating the landscape.
The global 1,2-propylene glycol market is projected to reach $2.7 billion by 2025, with a CAGR of 4.7% during the forecast period (2018-2025). This growth is primarily driven by the increasing demand from the polyester resins industry and the growing use of 1,2-propylene glycol in personal care and food applications. In addition, the shift towards renewable and sustainable feedstocks is expected to boost the demand for bio-based 1,2-propylene glycol in the coming years.
The polyester resins industry is the largest consumer of 1,2-propylene glycol, accounting for over 50% of the global demand. 1,2-Propylene glycol is used in the production of unsaturated polyester resins (UPRs), which are used in a wide range of applications, including fiberglass reinforced plastics, automotive parts, and marine coatings. The growing demand for UPRs in the construction and transportation industries is expected to drive the demand for 1,2-propylene glycol in the coming years.
1,2-Propylene glycol is also widely used in personal care and food applications. In personal care products, 1,2-propylene glycol is used as a humectant, emollient, and solvent. It is found in a wide range of products, including soaps, shampoos, moisturizers, and cosmetics. In food applications, 1,2-propylene glycol is used as a humectant, stabilizer, and solvent. It is found in a wide range of products, including baked goods, beverages, and processed foods.
The growth of the 1,2-propylene glycol market is being driven by several factors, including:
The growth of the 1,2-propylene glycol market is being challenged by several factors, including:
The Asia-Pacific region is expected to dominate the global 1,2-propylene glycol market over the forecast period. The growth of the market in this region is primarily driven by the increasing demand from the polyester resins industry and the growing use of 1,2-propylene glycol in personal care and food applications. China is the largest market for 1,2-propylene glycol in the Asia-Pacific region, and is expected to continue to dominate the market in the coming years.
The polyester resins segment is expected to remain the largest segment of the global 1,2-propylene glycol market over the forecast period. The growth of this segment is primarily driven by the increasing demand for UPRs in the construction and transportation industries.
The growth of the 1,2-propylene glycol industry is being catalyzed by several factors, including:
The leading players in the global 1,2-propylene glycol market include:
The 1,2-propylene glycol sector has seen several significant developments in recent years, including:
The comprehensive coverage of the 1,2-propylene glycol report includes:
The comprehensive coverage of the 1,2-propylene glycol report provides a valuable resource for industry participants, investors, and other stakeholders. The report provides a comprehensive understanding of the market dynamics, key trends, competitive landscape, and growth opportunities in the global
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of XX% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately XX%.
Key companies in the market include Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, Shandong Shida Shenghua Chemical Co., Ltd., CNOOC Shell Petrochemical, Haike Xinyuan, Daze Chemical, Depp Technology, Ningbo Zhetie Dafeng Chemical Co., Ltd..
The market segments include Type, Application.
The market size is estimated to be USD 7225 million as of 2022.
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Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4480.00, USD 6720.00, and USD 8960.00 respectively.
The market size is provided in terms of value, measured in million and volume, measured in K.
Yes, the market keyword associated with the report is "1,2-Propylene Glycol," which aids in identifying and referencing the specific market segment covered.
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