Bhutan Propylene Glycol Market (2025-2031) | Revenue, Companies, Value, Trends, Outlook, Industry, Growth, Segmentation, Forecast, Analysis, Size & Share

Market Forecast By Application (Unsaturated Polyester Resins,Functional Fluids,Food, Drug, and Cosmetics,Liquid Detergent,Paints and Coating,Others) And Competitive Landscape
Product Code: ETC5358709 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

Bhutan Propylene Glycol Market Size Growth Rate


The Bhutan Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 2.23% in 2025, climbs to a high of 4.89% in 2028, and moderates to 3.22% by 2029.

Bhutan Propylene Glycol Market Size Growth Rate

Propylene Glycol Market: Bhutan vs Top 5 Major Economies in 2027 (Asia)


By 2027, Bhutan's Propylene Glycol market is forecasted to achieve a stable growth rate of 4.55%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Propylene Glycol Market: Bhutan vs Top 5 Major Economies in 2027 (Asia)

Bhutan Propylene Glycol Market Overview

The propylene glycol market in Bhutan is expanding, with applications in the food, pharmaceutical, cosmetics, and industrial sectors. Propylene glycol is used as a solvent, humectant, and in the production of antifreeze and deicing solutions. The market`s growth is driven by the increasing demand for high-quality chemicals in various industries, along with the need for safe and effective additives in food and personal care products.

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The propylene glycol market in Bhutan is driven by its applications in various industries, including pharmaceuticals, food and beverages, and cosmetics. Propylene glycol is used as a solvent, humectant, and additive in a wide range of products. The growth of the pharmaceutical and personal care industries, along with increasing consumer demand for propylene glycol-based products, supports market expansion. Additionally, the versatility and safety profile of propylene glycol contribute to its widespread use and growing market presence.

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Challenges in the Bhutan propylene glycol market include high production costs, regulatory hurdles, and limited availability of raw materials. Additionally, there is competition from alternative materials, which affects market demand.

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The Bhutanese government has been taking steps to support the chemical industry, including the propylene glycol market. Policies include providing incentives for local production to reduce dependency on imports and fostering industrial growth. The government has also implemented tax benefits for companies that invest in sustainable production practices. Regulatory measures ensure the quality and safety of propylene glycol, and there are efforts to streamline the approval process for new chemical products. Additionally, investment in research and development is encouraged to enhance production efficiency and environmental compliance.

Key Highlights of the Report:

  • Bhutan Propylene Glycol Market Outlook
  • Market Size of Bhutan Propylene Glycol Market, 2024
  • Forecast of Bhutan Propylene Glycol Market, 2031
  • Historical Data and Forecast of Bhutan Propylene Glycol Revenues & Volume for the Period 2021-2031
  • Bhutan Propylene Glycol Market Trend Evolution
  • Bhutan Propylene Glycol Market Drivers and Challenges
  • Bhutan Propylene Glycol Price Trends
  • Bhutan Propylene Glycol Porter`s Five Forces
  • Bhutan Propylene Glycol Industry Life Cycle
  • Historical Data and Forecast of Bhutan Propylene Glycol Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Propylene Glycol Market Revenues & Volume By Unsaturated Polyester Resins,Functional Fluids,Food, Drug, and Cosmetics,Liquid Detergent,Paints and Coating,Others for the Period 2021-2031
  • Bhutan Propylene Glycol Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Bhutan Propylene Glycol Top Companies Market Share
  • Bhutan Propylene Glycol Competitive Benchmarking By Technical and Operational Parameters
  • Bhutan Propylene Glycol Company Profiles
  • Bhutan Propylene Glycol Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Bhutan Propylene Glycol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Bhutan Propylene Glycol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Bhutan Propylene Glycol Market Overview

3.1 Bhutan Country Macro Economic Indicators

3.2 Bhutan Propylene Glycol Market Revenues & Volume, 2021 & 2031F

3.3 Bhutan Propylene Glycol Market - Industry Life Cycle

3.4 Bhutan Propylene Glycol Market - Porter's Five Forces

3.5 Bhutan Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Bhutan Propylene Glycol Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Bhutan Propylene Glycol Market Trends

6 Bhutan Propylene Glycol Market Segmentations

6.1 Bhutan Propylene Glycol Market, By Application

6.1.1 Overview and Analysis

6.1.2 Bhutan Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F

7 Bhutan Propylene Glycol Market Import-Export Trade Statistics

7.1 Bhutan Propylene Glycol Market Export to Major Countries

7.2 Bhutan Propylene Glycol Market Imports from Major Countries

8 Bhutan Propylene Glycol Market Key Performance Indicators

9 Bhutan Propylene Glycol Market - Opportunity Assessment

9.1 Bhutan Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F

10 Bhutan Propylene Glycol Market - Competitive Landscape

10.1 Bhutan Propylene Glycol Market Revenue Share, By Companies, 2024

10.2 Bhutan Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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