Product Code: ETC416911 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Propylene Glycol Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at 5.63% in 2025, it steadily loses momentum, ending at 4.52% by 2029.
Australia`s propylene glycol market is experiencing steady growth due to its widespread use in pharmaceuticals, cosmetics, food, and industrial applications. As a versatile chemical, propylene glycol is used as a solvent, humectant, and antifreeze agent. The market is influenced by demand from the food processing and personal care industries, along with increasing adoption in eco-friendly deicing solutions. However, concerns over synthetic production methods and price fluctuations of crude oil-derived raw materials affect market stability.
The propylene glycol market in Australia is driven by increasing demand from the food, pharmaceutical, and automotive sectors. Its use as a humectant, solvent, and antifreeze agent is boosting market demand. Growing adoption of bio-based propylene glycol, driven by rising environmental concerns and regulatory support for sustainable products, is supporting market expansion. Additionally, increasing demand for personal care and cosmetic products is contributing to market growth.
The propylene glycol market in Australia faces challenges from fluctuating raw material prices and increasing environmental regulations. Growing competition from bio-based propylene glycol also affects market dynamics.
The Australia Propylene Glycol Market offers promising investment potential due to its use in food, pharmaceuticals, and personal care products. Investment opportunities include expanding production capacity, improving product purity, and exploring export markets.
The propylene glycol market is regulated under the Australian Chemical Control Act. Import tariffs on propylene oxide, a key raw material, are low. The government supports domestic production through tax incentives and funding for improved manufacturing efficiency.
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 Australia Propylene Glycol Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Propylene Glycol Market - Industry Life Cycle |
3.4 Australia Propylene Glycol Market - Porter's Five Forces |
3.5 Australia Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Propylene Glycol Market Trends |
6 Australia Propylene Glycol Market, By Types |
6.1 Australia Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia Propylene Glycol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Australia Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others, 2021-2031F |
7 Australia Propylene Glycol Market Import-Export Trade Statistics |
7.1 Australia Propylene Glycol Market Export to Major Countries |
7.2 Australia Propylene Glycol Market Imports from Major Countries |
8 Australia Propylene Glycol Market Key Performance Indicators |
9 Australia Propylene Glycol Market - Opportunity Assessment |
9.1 Australia Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Propylene Glycol Market - Competitive Landscape |
10.1 Australia Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Australia Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |