Product Code: ETC13150129 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global 1,2-Propylene Glycol Market was valued at USD 4.2 Billion in 2024 and is expected to reach USD 5.8 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).
The global 1,2-Propylene Glycol market is experiencing steady growth driven by its widespread application in industries such as cosmetics, pharmaceuticals, food, and more. The increasing demand for personal care products and pharmaceuticals, coupled with the expanding food and beverage industry, is fueling the market growth. Additionally, the versatility of 1,2-Propylene Glycol as a solvent, humectant, and stabilizer further contributes to its market demand. The market is also witnessing technological advancements and product innovations to enhance its performance and sustainability, attracting more consumers and manufacturers. Geographically, Asia-Pacific is emerging as a key market for 1,2-Propylene Glycol due to the rapid industrialization and growing consumer base in countries like China and India. Overall, the global 1,2-Propylene Glycol market is expected to continue its upward trajectory in the coming years.
The Global 1,2-Propylene Glycol Market is experiencing significant growth driven by increasing demand from industries such as pharmaceuticals, cosmetics, food and beverage, and automotive. Rising awareness about the benefits of 1,2-propylene glycol as a versatile solvent, humectant, and stabilizer is fueling its adoption in various applications. Additionally, the shift towards eco-friendly and bio-based propylene glycol products presents opportunities for market players to capitalize on sustainability trends. The market is also witnessing investments in research and development to enhance product quality and expand the range of applications. As regulations on chemical substances become stricter, manufacturers are focusing on developing propylene glycol derivatives with improved safety profiles, opening up new avenues for growth in the market.
The Global 1,2-Propylene Glycol Market faces several challenges, including fluctuating raw material prices, stringent regulations regarding product safety and environmental impact, and growing competition from alternative chemicals. The volatility in raw material prices can impact production costs and profit margins for manufacturers, leading to pricing uncertainties. Compliance with strict regulations related to the use and disposal of 1,2-Propylene Glycol poses a challenge for companies operating in the market, requiring them to invest in research and development to ensure compliance. Additionally, the rise of substitutes like bio-based glycols and eco-friendly chemicals poses a threat to the market share of traditional 1,2-Propylene Glycol products, prompting companies to innovate and differentiate their offerings to stay competitive in the market.
The Global 1,2-Propylene Glycol Market is primarily driven by the increasing demand for the chemical in various end-use industries such as pharmaceuticals, food and beverage, cosmetics, and automotive. The growth in these industries, particularly in emerging economies, is driving the demand for 1,2-propylene glycol as it is widely used as a solvent, emulsifier, and humectant. Additionally, the rising awareness about the benefits of 1,2-propylene glycol, such as its non-toxic nature and versatility, is further fueling its market growth. Furthermore, the expanding applications of 1,2-propylene glycol in sectors like personal care products and industrial manufacturing are expected to contribute to the market expansion in the coming years. Innovations in production processes and increasing investments in R&D activities are also driving the market growth by enhancing product quality and expanding application scope.
Government policies related to the Global 1,2-Propylene Glycol Market typically focus on regulating the production, distribution, and use of this chemical compound to ensure public health and environmental safety. These policies may include restrictions on the sale of 1,2-Propylene Glycol for certain applications, such as food and pharmaceuticals, to prevent potential harm to consumers. Additionally, governments may impose guidelines on the disposal of waste containing 1,2-Propylene Glycol to minimize environmental impact. Regulatory bodies like the Environmental Protection Agency (EPA) in the United States and the European Chemicals Agency (ECHA) in the European Union play a key role in monitoring and enforcing these policies to promote sustainable practices within the 1,2-Propylene Glycol industry.
The global 1,2-propylene glycol market is expected to witness steady growth in the coming years, driven by increasing demand from various end-use industries such as food and beverage, pharmaceuticals, cosmetics, and automotive. The rising awareness about the benefits of 1,2-propylene glycol as a versatile solvent and humectant is likely to fuel its adoption across multiple applications. Additionally, the growing emphasis on sustainable and eco-friendly products is anticipated to drive the demand for bio-based 1,2-propylene glycol in the market. However, challenges such as volatile raw material prices and stringent regulations regarding product safety and environmental impact may hinder market growth to some extent. Overall, technological advancements, product innovations, and expanding industrial applications are expected to contribute to the positive trajectory of the global 1,2-propylene glycol market in the foreseeable future.
In the Global 1,2-Propylene Glycol Market, Asia is expected to dominate due to the rapid industrialization and increasing demand from end-use industries such as food and beverage, pharmaceuticals, and cosmetics. North America and Europe are also significant markets for 1,2-Propylene Glycol, driven by the presence of key players and stringent regulations promoting the use of environmentally friendly products. In the Middle East and Africa region, the market is projected to witness steady growth supported by the expanding manufacturing sector. Latin America is anticipated to experience moderate growth due to the rising demand for personal care and pharmaceutical products. Overall, the global 1,2-Propylene Glycol market is characterized by increasing investments in research and development activities to develop innovative products and cater to diverse industry requirements.
Global 1,2-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 Global 1,2-Propylene Glycol Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Global 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 Global 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 Global 1,2-Propylene Glycol Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global 1,2-Propylene Glycol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global 1,2-Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global 1,2-Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global 1,2-Propylene Glycol Market Trends |
6 Global 1,2-Propylene Glycol Market, 2021 - 2031 |
6.1 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2021 - 2031 |
6.1.3 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2021 - 2031 |
6.1.4 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2021 - 2031 |
6.2 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2021 - 2031 |
6.2.3 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Functional Fluids, 2021 - 2031 |
6.2.4 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2021 - 2031 |
6.2.5 Global 1,2-Propylene Glycol Market, Revenues & Volume, By Liquid Detergents, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America 1,2-Propylene Glycol Market, Overview & Analysis |
7.1 North America 1,2-Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
7.2 North America 1,2-Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
7.3 North America 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) 1,2-Propylene Glycol Market, Overview & Analysis |
8.1 Latin America (LATAM) 1,2-Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) 1,2-Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia 1,2-Propylene Glycol Market, Overview & Analysis |
9.1 Asia 1,2-Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
9.2 Asia 1,2-Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa 1,2-Propylene Glycol Market, Overview & Analysis |
10.1 Africa 1,2-Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
10.2 Africa 1,2-Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe 1,2-Propylene Glycol Market, Overview & Analysis |
11.1 Europe 1,2-Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
11.2 Europe 1,2-Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East 1,2-Propylene Glycol Market, Overview & Analysis |
12.1 Middle East 1,2-Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East 1,2-Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey 1,2-Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East 1,2-Propylene Glycol Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East 1,2-Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global 1,2-Propylene Glycol Market Key Performance Indicators |
14 Global 1,2-Propylene Glycol Market - Export/Import By Countries Assessment |
15 Global 1,2-Propylene Glycol Market - Opportunity Assessment |
15.1 Global 1,2-Propylene Glycol Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global 1,2-Propylene Glycol Market - Competitive Landscape |
16.1 Global 1,2-Propylene Glycol Market Revenue Share, By Companies, 2024 |
16.2 Global 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |