Product Code: ETC5358744 | 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 Guyana Propylene Glycol Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at 92.26% in 2025, the market steadily declines to 34.74% by 2029.
Guyana's Propylene Glycol market is anticipated to experience a exponential growth rate of 63.43% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.
The propylene glycol market in Guyana is growing due to its wide range of applications across various industries such as food and beverages, pharmaceuticals, cosmetics, and chemicals. Propylene glycol is commonly used as a solvent, humectant, and stabilizer in products like food additives, personal care items, and antifreeze solutions. As Guyana`s industrial base continues to develop, the demand for propylene glycol is expected to rise, especially in the food and pharmaceutical sectors. The market is also influenced by increasing consumer preference for natural and non-toxic products, encouraging manufacturers to explore alternative sources of propylene glycol.
The propylene glycol market in Guyana is driven by its applications in pharmaceuticals, cosmetics, and food products. Its role as a solvent and stabilizer enhances its demand across multiple industries.
The propylene glycol market in Guyana struggles with limited applications in key industries such as pharmaceuticals, automotive, and food processing. High costs of imports and low local manufacturing capacity further challenge the market.
Environmental and industrial policies promoting eco-friendly chemical production and the expansion of the pharmaceutical and food industries drive 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 Guyana Propylene Glycol Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Propylene Glycol Market - Industry Life Cycle |
3.4 Guyana Propylene Glycol Market - Porter's Five Forces |
3.5 Guyana Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Guyana Propylene Glycol Market Trends |
6 Guyana Propylene Glycol Market Segmentations |
6.1 Guyana Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Guyana Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Guyana Propylene Glycol Market Import-Export Trade Statistics |
7.1 Guyana Propylene Glycol Market Export to Major Countries |
7.2 Guyana Propylene Glycol Market Imports from Major Countries |
8 Guyana Propylene Glycol Market Key Performance Indicators |
9 Guyana Propylene Glycol Market - Opportunity Assessment |
9.1 Guyana Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Propylene Glycol Market - Competitive Landscape |
10.1 Guyana Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Guyana Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |