| Product Code: ETC5358762 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania continued to see significant imports of propylene glycol, with top exporting countries being the Netherlands, Poland, Germany, Belgium, and Estonia. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 15.7% from 2020 to 2024, the industry witnessed a notable growth spurt. The growth rate from 2023 to 2024 stood at an impressive 19.22%, reflecting a robust upward trend in propylene glycol imports to Lithuania.

In the Europe region, the Propylene Glycol market in Lithuania is projected to expand at a stable growth rate of 4.65% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Lithuania Propylene Glycol Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Propylene Glycol Market - Industry Life Cycle |
3.4 Lithuania Propylene Glycol Market - Porter's Five Forces |
3.5 Lithuania Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propylene glycol in various end-use industries such as pharmaceuticals, food and beverage, and cosmetics. |
4.2.2 Growing awareness about the benefits of propylene glycol, such as its use as a solvent, emulsifier, and humectant. |
4.2.3 Rising investments in research and development activities to develop innovative applications for propylene glycol. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as petroleum-based feedstock, impacting the overall production cost of propylene glycol. |
4.3.2 Stringent regulations regarding the use and disposal of propylene glycol, leading to compliance challenges for manufacturers. |
4.3.3 Competition from alternative products and substitutes affecting the market growth of propylene glycol. |
5 Lithuania Propylene Glycol Market Trends |
6 Lithuania Propylene Glycol Market Segmentations |
6.1 Lithuania Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Lithuania Propylene Glycol Market Import-Export Trade Statistics |
7.1 Lithuania Propylene Glycol Market Export to Major Countries |
7.2 Lithuania Propylene Glycol Market Imports from Major Countries |
8 Lithuania Propylene Glycol Market Key Performance Indicators |
8.1 Research and development investment in propylene glycol-based products. |
8.2 Adoption rate of propylene glycol in new applications and industries. |
8.3 Number of new product launches and innovations in the propylene glycol market. |
8.4 Environmental sustainability initiatives and certifications related to propylene glycol production. |
8.5 Market penetration rate of propylene glycol in emerging sectors or geographies. |
9 Lithuania Propylene Glycol Market - Opportunity Assessment |
9.1 Lithuania Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Propylene Glycol Market - Competitive Landscape |
10.1 Lithuania Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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