Product Code: ETC5358698 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Andorra Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 1.39% in 2025, climbs to a high of 1.60% in 2027, and moderates to 0.06% by 2029.
In the Europe region, the Propylene Glycol market in Andorra is projected to expand at a stable growth rate of 1.60% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.
The market for propylene glycol in Andorra is showing steady growth due to its wide application in various industries such as pharmaceuticals, cosmetics, and food processing.
The growth of the Andorran Propylene Glycol market is driven by its widespread use as a versatile chemical compound in various industries such as food and beverage, pharmaceuticals, cosmetics, and automotive. Propylene glycol serves as a humectant, solvent, and stabilizer in food products, as well as a carrier in pharmaceutical formulations and a moisturizer in personal care products. Additionally, its use as a coolant and antifreeze in automotive applications contributes to its demand in the market.
One challenge in the propylene glycol market in Andorra could be the volatility of raw material prices, which can impact production costs and product pricing. Additionally, regulatory restrictions or concerns regarding the environmental impact of propylene glycol usage may pose challenges for market growth.
Government policies in Andorra may influence the propylene glycol market through regulations on its use in food, pharmaceuticals, and cosmetics, ensuring safety and quality standards while promoting innovation and competitiveness in related industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Andorra Propylene Glycol Market Overview |
3.1 Andorra Country Macro Economic Indicators |
3.2 Andorra Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Andorra Propylene Glycol Market - Industry Life Cycle |
3.4 Andorra Propylene Glycol Market - Porter's Five Forces |
3.5 Andorra Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Andorra Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Andorra Propylene Glycol Market Trends |
6 Andorra Propylene Glycol Market Segmentations |
6.1 Andorra Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Andorra Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Andorra Propylene Glycol Market Import-Export Trade Statistics |
7.1 Andorra Propylene Glycol Market Export to Major Countries |
7.2 Andorra Propylene Glycol Market Imports from Major Countries |
8 Andorra Propylene Glycol Market Key Performance Indicators |
9 Andorra Propylene Glycol Market - Opportunity Assessment |
9.1 Andorra Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Andorra Propylene Glycol Market - Competitive Landscape |
10.1 Andorra Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Andorra Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |