| Product Code: ETC5358704 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Barbados continues to heavily rely on imports of propylene glycol, with top suppliers being the USA, Germany, Dominica, Netherlands, and Saint Vincent and the Grenadines. The market shows a high concentration with a consistent Herfindahl-Hirschman Index (HHI) in 2024. Despite a remarkable compound annual growth rate (CAGR) of 21.7% from 2020 to 2024, a significant drop in growth rate of -57.07% from 2023 to 2024 indicates a potential shift in market dynamics or external factors impacting the import landscape. Stakeholders should monitor these trends for strategic decision-making.

The Propylene Glycol market in Barbados is projected to grow at a stable growth rate of 2.59% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Barbados Propylene Glycol Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Propylene Glycol Market - Industry Life Cycle |
3.4 Barbados Propylene Glycol Market - Porter's Five Forces |
3.5 Barbados Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propylene glycol as a food additive and in pharmaceuticals |
4.2.2 Growing awareness about the benefits of propylene glycol in personal care products |
4.2.3 Expansion of the food and beverage industry in Barbados |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propylene glycol production |
4.3.2 Stringent regulations regarding the use of propylene glycol in certain applications |
5 Barbados Propylene Glycol Market Trends |
6 Barbados Propylene Glycol Market Segmentations |
6.1 Barbados Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Barbados Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Barbados Propylene Glycol Market Import-Export Trade Statistics |
7.1 Barbados Propylene Glycol Market Export to Major Countries |
7.2 Barbados Propylene Glycol Market Imports from Major Countries |
8 Barbados Propylene Glycol Market Key Performance Indicators |
8.1 Average selling price of propylene glycol in Barbados |
8.2 Number of new product launches incorporating propylene glycol |
8.3 Percentage increase in propylene glycol usage in different industries |
9 Barbados Propylene Glycol Market - Opportunity Assessment |
9.1 Barbados Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Propylene Glycol Market - Competitive Landscape |
10.1 Barbados Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Barbados Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |