Product Code: ETC094928 | 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 Nigeria 1, 2-Propylene Glycol market is witnessing steady growth due to its extensive application in food, pharmaceuticals, and industrial sectors. This compound is valued for its versatility and is commonly used as a solvent, antifreeze, and in the production of polymers.
The Nigeria market for 1, 2-propylene glycol is expanding due to its diverse applications in industries such as pharmaceuticals, food, and cosmetics.
The Nigeria 1, 2-Propylene Glycol Market faces challenges such as fluctuating prices of raw materials and competition from alternative products. Additionally, stringent regulations regarding product safety and environmental concerns pose challenges for market growth.
The Nigeria government has implemented policies aimed at promoting local production of chemicals, including propylene glycol, through incentives such as tax breaks and import tariffs on competing 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 Nigeria 1,2-Propylene Glycol Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 Nigeria 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 Nigeria 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Nigeria 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Nigeria 1,2-Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for 1,2-propylene glycol in the pharmaceutical industry for use in medications and vaccines. |
4.2.2 Increasing adoption of 1,2-propylene glycol as a solvent in the food and beverage industry due to its properties and safety standards. |
4.2.3 Rise in the cosmetics and personal care industry in Nigeria leading to higher consumption of 1,2-propylene glycol in products like lotions and creams. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,2-propylene glycol affecting the overall cost of production. |
4.3.2 Stringent regulations and compliance standards in the chemical industry impacting the manufacturing and distribution of 1,2-propylene glycol. |
5 Nigeria 1,2-Propylene Glycol Market Trends |
6 Nigeria 1,2-Propylene Glycol Market, By Types |
6.1 Nigeria 1,2-Propylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.4 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.5 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2021-2031F |
6.2 Nigeria 1,2-Propylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2021-2031F |
6.2.3 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2021-2031F |
6.2.4 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2021-2031F |
6.2.5 Nigeria 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2021-2031F |
7 Nigeria 1,2-Propylene Glycol Market Import-Export Trade Statistics |
7.1 Nigeria 1,2-Propylene Glycol Market Export to Major Countries |
7.2 Nigeria 1,2-Propylene Glycol Market Imports from Major Countries |
8 Nigeria 1,2-Propylene Glycol Market Key Performance Indicators |
8.1 Percentage increase in the number of pharmaceutical companies using 1,2-propylene glycol in their products. |
8.2 Growth in the number of food and beverage manufacturers incorporating 1,2-propylene glycol in their formulations. |
8.3 Volume of 1,2-propylene glycol imported/exported for use in cosmetics and personal care products. |
9 Nigeria 1,2-Propylene Glycol Market - Opportunity Assessment |
9.1 Nigeria 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria 1,2-Propylene Glycol Market - Competitive Landscape |
10.1 Nigeria 1,2-Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Nigeria 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |