Product Code: ETC5358739 | 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 Gabon Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 3.97% in 2025, the market peaks at 5.78% in 2028, and settles at 4.70% by 2029.
By 2027, the Propylene Glycol market in Gabon is anticipated to reach a growth rate of 5.62%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
The propylene glycol market in Gabon is expanding as this versatile chemical is used across a range of industries, including food and beverages, pharmaceuticals, and cosmetics. Propylene glycol is commonly used as a stabilizer, solvent, and humectant. As consumer demand for food, personal care products, and pharmaceuticals increases in Gabon, the need for propylene glycol is expected to rise, driving growth in the market.
The propylene glycol market in Gabon is growing due to its diverse applications in industries such as food, pharmaceuticals, cosmetics, and chemicals. As the food and beverage industry expands, there is an increasing demand for propylene glycol as a food additive, preservative, and humectant. Additionally, the rising use of propylene glycol in pharmaceuticals and personal care products, such as skincare and hair care formulations, is contributing to market growth. The growing industrialization and diversification of the chemical sector in Gabon are key factors driving the demand for propylene glycol in the country.
The propylene glycol market in Gabon faces challenges related to high import costs and limited demand from local industries. Propylene glycol, which is used in industries such as pharmaceuticals, cosmetics, and food processing, is not widely produced or consumed in Gabon. Additionally, there is a lack of local production capabilities for propylene glycol, and businesses often rely on imports to meet their demand. The relatively small size of the manufacturing and processing sectors in Gabon further limits the markets potential.
The propylene glycol market in Gabon is expanding due to the growing demand for this versatile compound in food, pharmaceuticals, cosmetics, and industrial applications. As the demand for consumer goods and chemicals increases, propylene glycols widespread use will continue to drive market growth. The governments focus on promoting industrial and consumer goods production will contribute to the growth of the propylene glycol market.
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 Gabon Propylene Glycol Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Propylene Glycol Market - Industry Life Cycle |
3.4 Gabon Propylene Glycol Market - Porter's Five Forces |
3.5 Gabon Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gabon Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Propylene Glycol Market Trends |
6 Gabon Propylene Glycol Market Segmentations |
6.1 Gabon Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Gabon Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Gabon Propylene Glycol Market Import-Export Trade Statistics |
7.1 Gabon Propylene Glycol Market Export to Major Countries |
7.2 Gabon Propylene Glycol Market Imports from Major Countries |
8 Gabon Propylene Glycol Market Key Performance Indicators |
9 Gabon Propylene Glycol Market - Opportunity Assessment |
9.1 Gabon Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gabon Propylene Glycol Market - Competitive Landscape |
10.1 Gabon Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Gabon Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |