Product Code: ETC416910 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Myanmar Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at -1.04% in 2025, climbs to a high of 1.89% in 2028, and moderates to 1.17% by 2029.
Myanmar's Propylene Glycol market is anticipated to experience a stable growth rate of 1.31% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The propylene glycol market in Myanmar is expanding, driven by its use in various applications, including pharmaceuticals, food and beverages, and cosmetics. Propylene glycol is valued for its safety, versatility, and effectiveness as a solvent and humectant. The market growth is supported by the increasing demand for high-quality ingredients in various consumer products. As industries seek safe and effective chemical intermediates, the demand for propylene glycol is expected to grow.
The growing demand for propylene glycol in various applications, such as food and beverages, pharmaceuticals, and cosmetics, is driving the market in Myanmar. Propylene glycol is used as a solvent, humectant, and stabilizer in various products. The increasing use of processed and convenience foods, the growth of the pharmaceutical and personal care industries, and the rising demand for safe and non-toxic ingredients are key factors contributing to market growth. Moreover, advancements in production technologies and the development of bio-based propylene glycol are further boosting demand.
The propylene glycol market in Myanmar is constrained by limited industrial applications and low adoption of advanced chemical solutions. High costs of propylene glycol and a lack of local manufacturing capabilities hinder market growth. Additionally, regulatory challenges and environmental concerns related to propylene glycol usage pose significant barriers.
To ensure product safety and consumer protection, Myanmar government implements policies to regulate the propylene glycol market. Initiatives include standards for product quality and purity, regulations on propylene glycol usage and labeling, and monitoring of import and distribution channels to prevent counterfeit or substandard products. Additionally, efforts to promote public health may include education campaigns on the safe and responsible use of propylene glycol in consumer products.
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 Propylene Glycol Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Propylene Glycol Market - Industry Life Cycle |
3.4 Myanmar Propylene Glycol Market - Porter's Five Forces |
3.5 Myanmar Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Myanmar Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for propylene glycol in industries such as food and beverage, pharmaceuticals, and cosmetics in Myanmar. |
4.2.2 Increasing awareness about the benefits of propylene glycol as a versatile chemical compound. |
4.2.3 Rise in disposable income leading to higher consumption of products containing propylene glycol in the country. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of propylene glycol affecting profit margins. |
4.3.2 Stringent regulations and compliance requirements related to the use and handling of propylene glycol in Myanmar. |
5 Myanmar Propylene Glycol Market Trends |
6 Myanmar Propylene Glycol Market, By Types |
6.1 Myanmar Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Propylene Glycol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Myanmar Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others, 2021-2031F |
7 Myanmar Propylene Glycol Market Import-Export Trade Statistics |
7.1 Myanmar Propylene Glycol Market Export to Major Countries |
7.2 Myanmar Propylene Glycol Market Imports from Major Countries |
8 Myanmar Propylene Glycol Market Key Performance Indicators |
8.1 Number of new product launches containing propylene glycol in the Myanmar market. |
8.2 Investment in research and development for innovative applications of propylene glycol. |
8.3 Growth in the number of partnerships and collaborations within the propylene glycol supply chain in Myanmar. |
9 Myanmar Propylene Glycol Market - Opportunity Assessment |
9.1 Myanmar Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar Propylene Glycol Market - Competitive Landscape |
10.1 Myanmar Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |