Product Code: ETC416895 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Hungary Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting high at 5.42% in 2025, the market steadily declines to 3.92% by 2029.
By 2027, the Propylene Glycol market in Hungary is anticipated to reach a growth rate of 2.82%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.
The Hungary Propylene Glycol Market is witnessing steady growth, driven by its widespread applications across industries such as food and beverage, pharmaceuticals, cosmetics, and automotive. Propylene glycol is commonly used as a solvent, humectant, and antifreeze agent, among other functions. In Hungary, the increasing demand for convenience foods, personal care products, and pharmaceutical formulations is driving the consumption of propylene glycol. Moreover, stringent regulations regarding product quality and safety are boosting the adoption of high-quality propylene glycol among manufacturers in Hungary.
The Hungary propylene glycol market is driven by the diverse applications of propylene glycol in industries such as food & beverage, pharmaceuticals, cosmetics, and automotive. Propylene glycol serves as a versatile solvent, humectant, and coolant in various products and processes, including food additives, pharmaceutical formulations, personal care products, and antifreeze solutions. Moreover, increasing consumer awareness regarding product quality and safety standards further fuels the demand for high-purity propylene glycol in the market.
Challenges in the propylene glycol market may include sourcing raw materials at competitive prices, ensuring product quality and consistency, and complying with stringent regulations on product safety and environmental impact.
Government policies in Hungary regarding the propylene glycol market focus on ensuring product quality, safety, and environmental sustainability. These policies may include regulations governing the production, storage, and transportation of propylene glycol, standards for product purity and labeling, and incentives for companies to develop eco-friendly production processes.
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 Hungary Propylene Glycol Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Propylene Glycol Market Revenues & Volume, 2021 & 2028F |
3.3 Hungary Propylene Glycol Market - Industry Life Cycle |
3.4 Hungary Propylene Glycol Market - Porter's Five Forces |
3.5 Hungary Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Hungary Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propylene glycol in food and beverage industry as a food additive and humectant. |
4.2.2 Growing use of propylene glycol in pharmaceuticals and personal care products for its moisturizing properties. |
4.2.3 Rising awareness about the benefits of propylene glycol as a less toxic alternative to ethylene glycol in antifreeze and coolants. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like propylene oxide impacting the production cost of propylene glycol. |
4.3.2 Stringent regulations related to the usage and disposal of propylene glycol in various industries. |
4.3.3 Competition from substitutes like glycerin and butylene glycol in certain applications. |
5 Hungary Propylene Glycol Market Trends |
6 Hungary Propylene Glycol Market, By Types |
6.1 Hungary Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Hungary Propylene Glycol Market Revenues & Volume, By Application, 2018 - 2028F |
6.1.3 Hungary Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others, 2018 - 2028F |
7 Hungary Propylene Glycol Market Import-Export Trade Statistics |
7.1 Hungary Propylene Glycol Market Export to Major Countries |
7.2 Hungary Propylene Glycol Market Imports from Major Countries |
8 Hungary Propylene Glycol Market Key Performance Indicators |
8.1 Average selling price of propylene glycol in Hungary. |
8.2 Percentage of propylene glycol usage in the food and beverage industry. |
8.3 Number of new product launches containing propylene glycol in pharmaceutical and personal care sectors. |
9 Hungary Propylene Glycol Market - Opportunity Assessment |
9.1 Hungary Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Hungary Propylene Glycol Market - Competitive Landscape |
10.1 Hungary Propylene Glycol Market Revenue Share, By Companies, 2021 |
10.2 Hungary Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |