What is Propylene Glycol (PG)?

Propylene glycol is a clear, colorless liquid used across several industries such as food, pharmaceuticals, cosmetics, and industrial processes. As its source is petroleum-derived alcohol PG is a versatile yet affordable solution.

What are the primary uses for propylene glycol?

It can be found as a solvent, emulsifier, humectant, and preservative in many industries such as food & beverages, pharmaceuticals, cosmetics antifreeze & deicing fluids as well as other industrial processes.

Which grades of propylene glycol exist?

There are two major grades of propylene glycol available - industrial grade and USP grade.

What factors are driving the propylene glycol market?

Key drivers for propylene glycol include its increased demand in food and beverage industries, pharmaceutical production facilities, and cosmetic industries as well as its increasing application in antifreeze/deicing fluid products.

What are the primary challenges associated with the propylene glycol market?

Some major obstacles for propylene glycol markets include increasing competition from alternatives products like glycerin and ethylene glycol as well as stringent regulations regarding certain applications for its use.

Global Propylene Glycol Market, By Source (Petroleum Based and Bio-Based), By Grade (Industrial Grade, Pharmaceutical Grade, and Other Grades), By End-User (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Construction, Transportation, Other End-Users), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Published date: Oct 2023
Report ID: 33883
Number of Pages: 253
Format:

- The Dow Chemical Company
- BASF SE Company Profile
- INEOS Oxide
- Shell Plc.
- Adeka Corporation
- Huntsman International LLC.
- LyondellBasell Industries Industries N.V.
- Archer Danials Midland Company
- Global Bio-Chem Technology Group Co., Ltd.
- DuPont Tate & Lyle Bio Products LLC
- Temix International S.R.L.
- Other Key Players

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