Product Code: ETC094913 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The 1, 2-Propylene Glycol market in Myanmar is expanding due to its widespread application across various industries such as pharmaceuticals, food and beverage, and cosmetics. This compound is valued for its properties as a humectant, solvent, and preservative. The growing industrial base and increasing demand for processed foods and personal care products are key drivers of market growth in Myanmar.
The Myanmar 1, 2-Propylene Glycol market is being driven by several factors, including the expanding demand for this compound in various industries such as food, pharmaceuticals, and cosmetics. Its versatile applications as a solvent, emulsifier, and preservative enhance its appeal across these sectors. Additionally, the country`s growing industrialization and the rise in disposable incomes are further boosting the consumption of products containing 1, 2-Propylene Glycol. Increased awareness about the benefits of this compound in personal care products and its safe usage profile also contribute to market growth.
The Myanmar 1, 2-Propylene Glycol market faces several challenges, primarily due to fluctuating raw material prices and limited local production capabilities. Dependence on imports exposes the market to international price volatility, making it difficult for local businesses to maintain stable pricing strategies. Furthermore, the lack of advanced manufacturing infrastructure hampers the production efficiency and quality control, affecting the markets competitiveness against international players. Regulatory hurdles and a lack of stringent quality standards also pose significant challenges, as they impact the consistency and reliability of the products available in the market.
The government policy in Myanmar regarding the 1, 2-Propylene Glycol market emphasizes the need for regulatory compliance with international safety and environmental standards. The Ministry of Industry oversees the import, production, and distribution of chemical products, ensuring that companies adhere to guidelines that minimize environmental impact and promote safe handling practices. Policies also focus on fostering local production capabilities and reducing dependency on imports, which aligns with broader economic development goals.
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 Myanmar 1,2-Propylene Glycol Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 Myanmar 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 Myanmar 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Myanmar 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Myanmar 1,2-Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for personal care and pharmaceutical products in Myanmar |
4.2.2 Increasing use of 1,2-propylene glycol as a food additive in the food and beverage industry |
4.2.3 Rising awareness about the benefits of using 1,2-propylene glycol in various industrial applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,2-propylene glycol |
4.3.2 Lack of technological advancements in the manufacturing processes of 1,2-propylene glycol in Myanmar |
5 Myanmar 1,2-Propylene Glycol Market Trends |
6 Myanmar 1,2-Propylene Glycol Market, By Types |
6.1 Myanmar 1,2-Propylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.4 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.5 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2021-2031F |
6.2 Myanmar 1,2-Propylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2021-2031F |
6.2.3 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2021-2031F |
6.2.4 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2021-2031F |
6.2.5 Myanmar 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2021-2031F |
7 Myanmar 1,2-Propylene Glycol Market Import-Export Trade Statistics |
7.1 Myanmar 1,2-Propylene Glycol Market Export to Major Countries |
7.2 Myanmar 1,2-Propylene Glycol Market Imports from Major Countries |
8 Myanmar 1,2-Propylene Glycol Market Key Performance Indicators |
8.1 Adoption rate of 1,2-propylene glycol in new product formulations across industries in Myanmar |
8.2 Number of research and development initiatives focused on improving the quality and applications of 1,2-propylene glycol |
8.3 Rate of regulatory approvals for the use of 1,2-propylene glycol in different sectors in Myanmar |
9 Myanmar 1,2-Propylene Glycol Market - Opportunity Assessment |
9.1 Myanmar 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Myanmar 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar 1,2-Propylene Glycol Market - Competitive Landscape |
10.1 Myanmar 1,2-Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Myanmar 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |