Propylene glycol is an organic compound with the chemical formula CH?CHCH?OH. It is traditionally produced from propylene oxide, a petrochemical product and is widely used in various end use industries such as plastic, food, electronic and pharmaceutical among some other industries. Bio-based propylene glycol is derived renewably and can be used efficiently in the industries that manufacture perfumes and colognes. The analysts forecast the global 1,2-propanediol market to exhibit a CAGR of 5.89% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global 1,2-propanediol for 2019-2024. To calculate the market size, the report considers the 1,2-propanediol sales volume and revenue.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.

Geographically, the global 1,2-propanediol market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.

  • North America (U.S., Canada, Mexico, etc.)
  • Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
  • Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
  • South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)

On the basis of product, the global 1,2-propanediol market is segmented into:

  • Petroleum based Propylene Glycol
  • Bio-Based Propylene Glycol

Based on application, the 1,2-propanediol market is segmented into:

  • Food & Beverages
  • Unsaturated Polyester Resin
  • Pharmaceuticals & Cosmetics
  • Antifreeze & Functional Fluid
  • Liquid Detergents
  • Plasticizers

The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global 1,2-propanediol market are:

  • Adeka Corporation
  • AGC Inc.
  • Archer Daniels Midland Company
  • China Petrochemical Corporation (Sinopec Group)
  • CNOOC & Shell Petrochemicals Co (CSPC)
  • DuPont Tate & Lyle Bio Products Company, LLC
  • Global Bio-chem Technology Group Co., Ltd.
  • Hi-tech Spring Chemical Industry Co., Ltd.
  • Huntsman Corporation
  • INEOS Group Limited
  • LyondellBasell Industries N.V.
  • Manali Petrochemicals Limited (MPL)
  • Oleon NV
  • Royal Dutch Shell PLC
  • request free sample to get a complete list of companies

Objective of the study:

  • To analyze and forecast the market size of global 1,2-propanediol market.
  • To classify and forecast global 1,2-propanediol market based on region, product, and application.
  • To identify drivers and challenges for global 1,2-propanediol market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in global 1,2-propanediol market.
  • To conduct pricing analysis for global 1,2-propanediol market.
  • To identify and analyze the profile of leading players operating in global 1,2-propanediol market.

The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

  • Manufacturers of 1,2-propanediol
  • Raw material suppliers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to 1,2-propanediol

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with 1,2-propanediol suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.