Product Code: ETC5358781 | 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 New Zealand Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. Beginning strongly at 3.23% in 2025, growth softens to 1.80% in 2029.
The Propylene Glycol market in New Zealand is projected to grow at a stable growth rate of 1.50% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The propylene glycol market in New Zealand offers a versatile compound used in various applications, including food and beverage, pharmaceuticals, and cosmetics, as a solvent, humectant, and coolant. With a focus on product quality and safety, propylene glycol suppliers are ensuring compliance with regulatory standards and meeting customer requirements.
The propylene glycol market in New Zealand is driven by its extensive use in the pharmaceutical, food, and cosmetics industries. The demand for propylene glycol as a solvent, humectant, and preservative in various applications is a significant driver. Additionally, the increasing awareness of its low toxicity and environmental friendliness supports its market demand.
In the propylene market, challenges include feedstock availability and price volatility. Propylene is a crucial raw material for numerous industrial applications, but fluctuations in feedstock supply and prices impact production costs. Ensuring a stable supply chain and managing price risks are key challenges for propylene producers and consumers.
Government regulations on product safety and environmental standards have influenced the propylene glycol market in New Zealand. Policies promoting the use of safer chemicals in various applications have driven market growth.
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 New Zealand Propylene Glycol Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Propylene Glycol Market - Industry Life Cycle |
3.4 New Zealand Propylene Glycol Market - Porter's Five Forces |
3.5 New Zealand Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 New Zealand Propylene Glycol Market Trends |
6 New Zealand Propylene Glycol Market Segmentations |
6.1 New Zealand Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 New Zealand Propylene Glycol Market Import-Export Trade Statistics |
7.1 New Zealand Propylene Glycol Market Export to Major Countries |
7.2 New Zealand Propylene Glycol Market Imports from Major Countries |
8 New Zealand Propylene Glycol Market Key Performance Indicators |
9 New Zealand Propylene Glycol Market - Opportunity Assessment |
9.1 New Zealand Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Propylene Glycol Market - Competitive Landscape |
10.1 New Zealand Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |