Product Code: ETC094911 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Bangladesh 1, 2-Propylene Glycol market has experienced steady growth, driven by the rising demand from industries such as pharmaceuticals, cosmetics, and food processing. With increasing awareness about the benefits of this compound and its versatile applications, the market is expected to continue its upward trajectory.
The 1,2-Propylene Glycol market in Bangladesh is experiencing growth primarily due to increasing demand from various industries such as cosmetics, pharmaceuticals, and food processing. The versatility of 1,2-Propylene Glycol as a solvent, humectant, and stabilizer has propelled its demand in these sectors. Additionally, the rise in disposable income among the population has led to higher consumption of personal care and food products, further boosting the demand for 1,2-Propylene Glycol in Bangladesh.
Despite the potential demand for 1, 2-Propylene Glycol in various industries such as pharmaceuticals, cosmetics, and food, the market in Bangladesh faces challenges regarding the availability and cost of raw materials. Additionally, there might be regulatory hurdles in terms of quality standards and certifications.
The Bangladesh government has implemented stringent regulations regarding the production, import, and usage of chemicals, including propylene glycol. These regulations are aimed at ensuring product safety, environmental protection, and public health. The government encourages local production of chemicals to reduce dependency on imports and to promote self-sufficiency in the industry. Additionally, incentives such as tax breaks and subsidies may be provided to companies investing in the production of chemicals like 1, 2-propylene glycol.
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 Bangladesh 1,2-Propylene Glycol Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 Bangladesh 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Bangladesh 1,2-Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for 1,2-propylene glycol in various industries such as pharmaceuticals, cosmetics, and food beverages |
4.2.2 Increasing awareness about the benefits and applications of 1,2-propylene glycol |
4.2.3 Favorable government regulations supporting the use of 1,2-propylene glycol in different sectors |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,2-propylene glycol |
4.3.2 Concerns regarding the environmental impact of 1,2-propylene glycol production processes |
4.3.3 Competition from alternative chemicals or substitutes in the market |
5 Bangladesh 1,2-Propylene Glycol Market Trends |
6 Bangladesh 1,2-Propylene Glycol Market, By Types |
6.1 Bangladesh 1,2-Propylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.4 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.5 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2021-2031F |
6.2 Bangladesh 1,2-Propylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2021-2031F |
6.2.3 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2021-2031F |
6.2.4 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2021-2031F |
6.2.5 Bangladesh 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2021-2031F |
7 Bangladesh 1,2-Propylene Glycol Market Import-Export Trade Statistics |
7.1 Bangladesh 1,2-Propylene Glycol Market Export to Major Countries |
7.2 Bangladesh 1,2-Propylene Glycol Market Imports from Major Countries |
8 Bangladesh 1,2-Propylene Glycol Market Key Performance Indicators |
8.1 Adoption rate of 1,2-propylene glycol in emerging industries |
8.2 Number of new product launches containing 1,2-propylene glycol |
8.3 Investment in research and development for enhancing the applications of 1,2-propylene glycol |
9 Bangladesh 1,2-Propylene Glycol Market - Opportunity Assessment |
9.1 Bangladesh 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bangladesh 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh 1,2-Propylene Glycol Market - Competitive Landscape |
10.1 Bangladesh 1,2-Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |