1,2-Propylene Glycol Unlocking Growth Opportunities: Analysis and Forecast 2025-2033

Key Insights

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.

1,2-Propylene Glycol Trends

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.

Driving Forces: What's Propelling the 1,2-Propylene Glycol

The growth of the 1,2-propylene glycol market is being driven by several factors, including:

• Increasing demand from the polyester resins industry. The polyester resins industry is the largest consumer of 1,2-propylene glycol, and the growing demand for UPRs is expected to drive the demand for 1,2-propylene glycol in the coming years.
• Growing use of 1,2-propylene glycol in personal care and food applications. 1,2-Propylene glycol is widely used in personal care and food products, and the growing demand for these products is expected to drive the demand for 1,2-propylene glycol in the coming years.
• Shift towards renewable and sustainable feedstocks. The shift towards renewable and sustainable feedstocks is expected to boost the demand for bio-based 1,2-propylene glycol in the coming years.

Challenges and Restraints in 1,2-Propylene Glycol

The growth of the 1,2-propylene glycol market is being challenged by several factors, including:

• Volatility in the price of crude oil. The price of crude oil is a major factor in the cost of producing 1,2-propylene glycol. Fluctuations in the price of crude oil can impact the profitability of 1,2-propylene glycol producers.
• Competition from other glycols. 1,2-Propylene glycol is competing with other glycols, such as ethylene glycol and diethylene glycol, in several applications. The competition from other glycols can limit the growth of the 1,2-propylene glycol market.
• Regulatory restrictions. The use of 1,2-propylene glycol is regulated in some countries. These regulations can limit the growth of the 1,2-propylene glycol market in certain regions.

Key Region or Country & Segment to Dominate the Market

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.

Growth Catalysts in 1,2-Propylene Glycol Industry

The growth of the 1,2-propylene glycol industry is being catalyzed by several factors, including:

• Development of new and innovative applications. 1,2-Propylene glycol is being used in a variety of new and innovative applications, including in the production of bio-based plastics, lubricants, and solvents. These new applications are expected to drive the growth of the 1,2-propylene glycol market in the coming years.
• Government support for renewable and sustainable feedstocks. Governments around the world are providing support for the development and use of renewable and sustainable feedstocks. This support is expected to boost the demand for bio-based 1,2-propylene glycol in the coming years.
• Increasing awareness of the environmental benefits of 1,2-propylene glycol. 1,2-Propylene glycol is a biodegradable and non-toxic compound. This makes it an attractive option for companies that are looking to reduce their environmental impact. The increasing awareness of the environmental benefits of 1,2-propylene glycol is expected to drive the demand for this product in the coming years.

Leading Players in the 1,2-Propylene Glycol

The leading players in the global 1,2-propylene glycol market include:

• Dow [
• LyondellBasell [
• 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. [

Significant Developments in 1,2-Propylene Glycol Sector

The 1,2-propylene glycol sector has seen several significant developments in recent years, including:

• The development of new and innovative applications. 1,2-Propylene glycol is being used in a variety of new and innovative applications, including in the production of bio-based plastics, lubricants, and solvents. These new applications are expected to drive the growth of the 1,2-propylene glycol market in the coming years.
• The increasing adoption of renewable and sustainable feedstocks. The shift towards renewable and sustainable feedstocks is expected to boost the demand for bio-based 1,2-propylene glycol in the coming years. Several companies are investing in the development of bio-based 1,2-propylene glycol production technologies.
• The growing awareness of the environmental benefits of 1,2-propylene glycol. The increasing awareness of the environmental benefits of 1,2-propylene glycol is expected to drive the demand for this product in the coming years. 1,2-Propylene glycol is a biodegradable and non-toxic compound, making it an attractive option for companies that are looking to reduce their environmental impact.

Comprehensive Coverage 1,2-Propylene Glycol Report

The comprehensive coverage of the 1,2-propylene glycol report includes:

• Market size and forecast: The report provides a detailed analysis of the global 1,2-propylene glycol market size and forecast. The report estimates the market size in terms of volume (million tons) and value (USD billion) for the period 2018-2025.
• Market trends and dynamics: The report identifies and analyzes the key trends and dynamics that are shaping the global 1,2-propylene glycol market. The report also provides an analysis of the driving forces, challenges, and restraints that are impacting the market.
• Market segmentation: The report segments the global 1,2-propylene glycol market by type, application, and region. The report provides a detailed analysis of each segment in terms of size, growth, and forecasts.
• Competitive landscape: The report profiles the leading players in the global 1,2-propylene glycol market. The report provides a detailed analysis of the competitive landscape, including company profiles, market shares, and product portfolios.
• Growth opportunities: The report identifies and analyzes the key growth opportunities in the global 1,2-propylene glycol market. The report also provides an analysis of the potential impact of new technologies, regulations, and trends on the market.

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

1,2-Propylene Glycol Segmentation

• 1. Type
  • 1.1. Hydration
  • 1.2. Transesterification
  • 1.3. Biosynthesis
  • 1.4. World 1,2-Propylene Glycol Production
• 2. Application
  • 2.1. Unsaturated Polyester Resins (UPR)
  • 2.2. Functional Fluids
  • 2.3. Cosmetics, Pharmaceutics and Food
  • 2.4. Liquid Detergents
  • 2.5. World 1,2-Propylene Glycol Production

1,2-Propylene Glycol Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific