Product Code: ETC5358785 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Norway Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 0.13% in 2027, following an initial rate of 0.11%, before easing to 0.08% at the end of the period.
By 2027, Norway's Propylene Glycol market is forecasted to achieve a stable growth rate of 0.13%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Norway`s propylene glycol market is diverse, covering applications in the food, pharmaceutical, and cosmetics industries, as well as industrial uses such as antifreeze and de-icing solutions. Norways cold climate increases the need for propylene glycol in automotive and aviation sectors. The market is shaped by environmental regulations promoting the use of bio-based propylene glycol, alongside technological advancements in production efficiency and sustainability.
The Norway propylene glycol market is driven by its wide range of applications across various industries, including pharmaceuticals, food and beverages, and cosmetics. The rising demand for personal care products and antifreeze solutions in Norways cold climate plays a significant role in market growth. Additionally, the expansion of the pharmaceutical sector, driven by Norways healthcare focus, has increased the demand for high-purity propylene glycol, boosting market growth.
The propylene glycol market in Norway is hindered by several factors. Firstly, the market is affected by the volatility of raw material prices, particularly propylene, which is a key ingredient in the production of propylene glycol. Fluctuations in propylene prices can lead to unstable production costs and, consequently, affect market prices.
Propylene glycol is used in various applications, including pharmaceuticals, food, and cosmetics. In Norway, the use and production of propylene glycol are regulated under the European Union`s REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) regulations, which Norway adheres to. These regulations ensure that propylene glycol and its derivatives are safe for use in consumer products and minimize any potential health risks.
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 Norway Propylene Glycol Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Propylene Glycol Market - Industry Life Cycle |
3.4 Norway Propylene Glycol Market - Porter's Five Forces |
3.5 Norway Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Norway Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propylene glycol in the food and beverage industry for use as a solvent, humectant, and preservative |
4.2.2 Growing awareness about the benefits of propylene glycol in personal care products such as cosmetics and pharmaceuticals |
4.2.3 Rising adoption of propylene glycol as a feedstock in the production of unsaturated polyester resins and functional fluids |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of propylene glycol, impacting the overall cost of production |
4.3.2 Stringent regulations and standards related to the usage of propylene glycol in different industries, leading to compliance challenges |
5 Norway Propylene Glycol Market Trends |
6 Norway Propylene Glycol Market Segmentations |
6.1 Norway Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Norway Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Norway Propylene Glycol Market Import-Export Trade Statistics |
7.1 Norway Propylene Glycol Market Export to Major Countries |
7.2 Norway Propylene Glycol Market Imports from Major Countries |
8 Norway Propylene Glycol Market Key Performance Indicators |
8.1 Adoption rate of propylene glycol in new application areas |
8.2 Investment in research and development activities for propylene glycol innovations |
8.3 Environmental sustainability initiatives related to propylene glycol production and usage |
8.4 Market penetration of propylene glycol derivatives in key industries |
8.5 Customer satisfaction and loyalty metrics related to propylene glycol products |
9 Norway Propylene Glycol Market - Opportunity Assessment |
9.1 Norway Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Norway Propylene Glycol Market - Competitive Landscape |
10.1 Norway Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Norway Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |