Global Propylene Glycol (PG) Market Growth 2019-2024

  • ID:PD041061
  • February 2019
  • LPI (LP Information)
                          

DecisionDatabases.com offers Global Propylene Glycol (PG) Market Research Report with market statistics and future prospect for the year 2019-2024. This report explores historical data, market share, sales, consumption, revenue and market dynamic resulting in high quality and precise data. The future trend and outlook are analyzed and compiled with the help of industry experts. This report offers different segment analysis based on global, regional and country level along with key players with their revenue, sales, and strategic development. The data is gathered and analyzed  through primary and secondary research based on expert interviews, white papers, journals and various other sources.

Propylene glycol (PG) is a clear, colorless liquid with the consistency of syrup. It is practically odorless and tasteless. It is hygroscopic (attracts water), has low toxicity and outstanding stability, as well as high flash and boiling points, low vapor pressure and broad solvency. In addition, propylene glycol is an excellent solvent for many organic compounds and is completely water-soluble.

Propylene glycol is used by the chemical, food, and pharmaceutical industries as antifreeze when leakage might lead to contact with food. The Food and Drug Administration (FDA) has classified propylene glycol as an additive that is “generally recognized as safe” for use in food. It is used to absorb extra water and maintain moisture in certain medicines, cosmetics, or food products. It is a solvent for food colors and flavors, and in the paint and plastics industries. Propylene glycol is also used to create artificial smoke or fog used in fire-fighting training and in theatrical productions.

The regions of Europe, North America and Asia (ex. China) are the main consumption bases, while Europe holds 21.56% consumption share, North America holds 20.16%, and Asia (ex. China) holds 21.13% consumption share in 2015. They occupy 62.84% of the global consumption in total.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. There will be more new investments entering the field.

According to this study, over the next five years the Propylene Glycol (PG) market will register a 9.1% CAGR in terms of revenue, the global market size will reach US$ 6060 million by 2024, from US$ 3600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Propylene Glycol (PG) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Propylene Glycol (PG) market by product type, application, key manufacturers and key regions and countries.

This study considers the Propylene Glycol (PG) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  •  Industrial Grade
  •  Food Grade
  •  Pharmaceutical Grade
 
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
  •  UPR
  •  PPG
  •  Pharmaceuticals and Food
  •  Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
  •  Americas
  •  United States
  •  Canada
  •  Mexico
  •  Brazil
  •  APAC
  •  China
  •  Japan
  •  Korea
  •  Southeast Asia
  •  India
  •  Australia
  •  Europe
  •  Germany
  •  France
  •  UK
  •  Italy
  •  Russia
  •  Spain
  •  Middle East & Africa
  •  Egypt
  •  South Africa
  •  Israel
  •  Turkey
  •  GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
  •  Dow
  •  Huntsman
  •  DuPont (Tate & Lyle )
  •  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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
  •  To study and analyze the global Propylene Glycol (PG) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  •  To understand the structure of Propylene Glycol (PG) market by identifying its various subsegments.
  •  Focuses on the key global Propylene Glycol (PG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  •  To analyze the Propylene Glycol (PG) with respect to individual growth trends, future prospects, and their contribution to the total market.
  •  To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  •  To project the consumption of Propylene Glycol (PG) submarkets, with respect to key regions (along with their respective key countries).
  •  To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  •  To strategically profile the key players and comprehensively analyze their growth strategies.

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
 
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Propylene Glycol (PG) Consumption 2014-2024
2.1.2 Propylene Glycol (PG) Consumption CAGR by Region
2.2 Propylene Glycol (PG) Segment by Type
2.2.1 Industrial Grade
2.2.2 Food Grade
2.2.3 Pharmaceutical Grade
2.3 Propylene Glycol (PG) Consumption by Type
2.3.1 Global Propylene Glycol (PG) Consumption Market Share by Type (2014-2019)
2.3.2 Global Propylene Glycol (PG) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Propylene Glycol (PG) Sale Price by Type (2014-2019)
2.4 Propylene Glycol (PG) Segment by Application
2.4.1 UPR
2.4.2 PPG
2.4.3 Pharmaceuticals and Food
2.4.4 Others
2.5 Propylene Glycol (PG) Consumption by Application
2.5.1 Global Propylene Glycol (PG) Consumption Market Share by Application (2014-2019)
2.5.2 Global Propylene Glycol (PG) Value and Market Share by Application (2014-2019)
2.5.3 Global Propylene Glycol (PG) Sale Price by Application (2014-2019)
 
3 Global Propylene Glycol (PG) by Players
3.1 Global Propylene Glycol (PG) Sales Market Share by Players
3.1.1 Global Propylene Glycol (PG) Sales by Players (2017-2019)
3.1.2 Global Propylene Glycol (PG) Sales Market Share by Players (2017-2019)
3.2 Global Propylene Glycol (PG) Revenue Market Share by Players
3.2.1 Global Propylene Glycol (PG) Revenue by Players (2017-2019)
3.2.2 Global Propylene Glycol (PG) Revenue Market Share by Players (2017-2019)
3.3 Global Propylene Glycol (PG) Sale Price by Players
3.4 Global Propylene Glycol (PG) Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Propylene Glycol (PG) Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Propylene Glycol (PG) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
 
4 Propylene Glycol (PG) by Regions
4.1 Propylene Glycol (PG) by Regions
4.1.1 Global Propylene Glycol (PG) Consumption by Regions
4.1.2 Global Propylene Glycol (PG) Value by Regions
4.2 Americas Propylene Glycol (PG) Consumption Growth
4.3 APAC Propylene Glycol (PG) Consumption Growth
4.4 Europe Propylene Glycol (PG) Consumption Growth
4.5 Middle East & Africa Propylene Glycol (PG) Consumption Growth
 
5 Americas
5.1 Americas Propylene Glycol (PG) Consumption by Countries
5.1.1 Americas Propylene Glycol (PG) Consumption by Countries (2014-2019)
5.1.2 Americas Propylene Glycol (PG) Value by Countries (2014-2019)
5.2 Americas Propylene Glycol (PG) Consumption by Type
5.3 Americas Propylene Glycol (PG) Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
 
6 APAC
6.1 APAC Propylene Glycol (PG) Consumption by Countries
6.1.1 APAC Propylene Glycol (PG) Consumption by Countries (2014-2019)
6.1.2 APAC Propylene Glycol (PG) Value by Countries (2014-2019)
6.2 APAC Propylene Glycol (PG) Consumption by Type
6.3 APAC Propylene Glycol (PG) Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
 
7 Europe
7.1 Europe Propylene Glycol (PG) by Countries
7.1.1 Europe Propylene Glycol (PG) Consumption by Countries (2014-2019)
7.1.2 Europe Propylene Glycol (PG) Value by Countries (2014-2019)
7.2 Europe Propylene Glycol (PG) Consumption by Type
7.3 Europe Propylene Glycol (PG) Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
 
8 Middle East & Africa
8.1 Middle East & Africa Propylene Glycol (PG) by Countries
8.1.1 Middle East & Africa Propylene Glycol (PG) Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Propylene Glycol (PG) Value by Countries (2014-2019)
8.2 Middle East & Africa Propylene Glycol (PG) Consumption by Type
8.3 Middle East & Africa Propylene Glycol (PG) Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
 
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
 
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Propylene Glycol (PG) Distributors
10.3 Propylene Glycol (PG) Customer
 
11 Global Propylene Glycol (PG) Market Forecast
11.1 Global Propylene Glycol (PG) Consumption Forecast (2019-2024)
11.2 Global Propylene Glycol (PG) Forecast by Regions
11.2.1 Global Propylene Glycol (PG) Forecast by Regions (2019-2024)
11.2.2 Global Propylene Glycol (PG) Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Propylene Glycol (PG) Forecast by Type
11.8 Global Propylene Glycol (PG) Forecast by Application
 
12 Key Players Analysis
12.1 Dow
12.1.1 Company Details
12.1.2 Propylene Glycol (PG) Product Offered
12.1.3 Dow Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Dow News
12.2 Huntsman
12.2.1 Company Details
12.2.2 Propylene Glycol (PG) Product Offered
12.2.3 Huntsman Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Huntsman News
12.3 DuPont (Tate & Lyle )
12.3.1 Company Details
12.3.2 Propylene Glycol (PG) Product Offered
12.3.3 DuPont (Tate & Lyle ) Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 DuPont (Tate & Lyle ) News
12.4 ADM
12.4.1 Company Details
12.4.2 Propylene Glycol (PG) Product Offered
12.4.3 ADM Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 ADM News
12.5 Polioles
12.5.1 Company Details
12.5.2 Propylene Glycol (PG) Product Offered
12.5.3 Polioles Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Polioles News
12.6 Lyondell Basell Industries
12.6.1 Company Details
12.6.2 Propylene Glycol (PG) Product Offered
12.6.3 Lyondell Basell Industries Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Lyondell Basell Industries News
12.7 Repsol
12.7.1 Company Details
12.7.2 Propylene Glycol (PG) Product Offered
12.7.3 Repsol Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Repsol News
12.8 BASF
12.8.1 Company Details
12.8.2 Propylene Glycol (PG) Product Offered
12.8.3 BASF Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 BASF News
12.9 Oelon
12.9.1 Company Details
12.9.2 Propylene Glycol (PG) Product Offered
12.9.3 Oelon Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Oelon News
12.10 Sumitomo Chemical
12.10.1 Company Details
12.10.2 Propylene Glycol (PG) Product Offered
12.10.3 Sumitomo Chemical Propylene Glycol (PG) Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Sumitomo Chemical News
12.11 Asahi
12.12 ADEKA
12.13 SKC
12.14 Shell
12.15 Shandong Shida Shenghua Chemical
12.16 Tongling Jintai Chemical
12.17 CNOOC and Shell Petrochemicals
12.18 Hi-tech Spring Chemical
12.19 Daze Group
12.20 Shandong Depu Chemical
 
13 Research Findings and Conclusion

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