1,2-Propanediol Market Report 2022: Segment Analysis, Competitive insights, challenges, scope, application and Forecast 2028

Latest research report on “1,2-Propanediol Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
The primary outlet for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are used in surface coatings and glass fiber-reinforced resins. The second-largest consumer is functional fluids such as deicing and antifreeze. 1, 2-Propanediol is also used in plasticizers and hydraulic brake fluids. Other uses are in non-ionic detergents and as a humectant in the pharmaceutical, cosmetics, animal foodstuffs and ­tobacco industries. It is also an excellent solvent and extractant.
This report contains market size and forecasts of 1,2-Propanediol in global, including the following market information:
Global 1,2-Propanediol Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global 1,2-Propanediol Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five 1,2-Propanediol companies in 2021 (%)
The global 1,2-Propanediol market was valued at 4617.9 million in 2021 and is projected to reach US$ 5891.6 million by 2028, at a CAGR of 3.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Industrial Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of 1,2-Propanediol include DuPont, Lyondell Basell, Huntsman, INEOS, BASF, ADM, Sumitomo Chemical (Nihon Oxirane), SKC and Repsol, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the 1,2-Propanediol manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global 1,2-Propanediol Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global 1,2-Propanediol Market Segment Percentages, by Type, 2021 (%)
– Industrial Grade
– Food Grade
– Pharmaceutical Grade
Global 1,2-Propanediol Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global 1,2-Propanediol Market Segment Percentages, by Application, 2021 (%)
– Unsaturated Polyester Resins (UPR)
– Functional Fluids
– Cosmetics, Pharmaceutics and Food
– Liquid Detergents
– Others
Global 1,2-Propanediol Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global 1,2-Propanediol Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies 1,2-Propanediol revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies 1,2-Propanediol revenues share in global market, 2021 (%)
Key companies 1,2-Propanediol sales in global market, 2017-2022 (Estimated), (K MT)
Key companies 1,2-Propanediol sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– DuPont
– Lyondell Basell
– Huntsman
– Sumitomo Chemical (Nihon Oxirane)
– Repsol
– Asahi Kasei
– Shell
– Tongling Jintai Chemical
– Shandong Shida Shenghua Chemical
– CNOOC and Shell Petrochemicals
– Hi-tech Spring Chemical
– Daze Group
– Shandong Depu Chemical

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