Philippines Propylene Glycol Market (2025-2031) Outlook | Growth, Share, Revenue, Forecast, Size, Trends, Value, Analysis, Industry & Companies

Market Forecast By Application (Unsaturated Polyester Resins,Functional Fluids,Food, Drug, and Cosmetics,Liquid Detergent,Paints and Coating,Others) And Competitive Landscape
Product Code: ETC416905 Publication Date: Oct 2022 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Propylene Glycol Market Size Growth Rate


The Philippines Propylene Glycol Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 1.14% in 2025 and reaches 2.07% by 2029.

Philippines Propylene Glycol Market Size Growth Rate

Propylene Glycol Market: Philippines vs Top 5 Major Economies in 2027 (Asia)


By 2027, the Propylene Glycol market in Philippines is anticipated to reach a growth rate of 1.66%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Propylene Glycol Market: Philippines vs Top 5 Major Economies in 2027 (Asia)

philippines propylene glycol market Synopsis

The Philippines Propylene Glycol market has witnessed consistent growth due to the compound`s versatile applications. Propylene glycol is used in various industries, including food and beverage, pharmaceuticals, cosmetics, and automotive fluids. Its properties as a solvent, humectant, and antifreeze ingredient contribute to its widespread use. The market growth is linked to the expansion of end-use industries and the increasing consumer demand for products where propylene glycol plays a crucial role. However, market players must navigate regulatory requirements and consumer preferences for natural and sustainable alternatives, which could impact the market`s trajectory.

Drivers of the Market

The Philippines propylene glycol market is driven by its applications in the food and beverage, pharmaceutical, and personal care industries. Propylene glycol is used as a food additive, a solvent in pharmaceuticals, and an ingredient in cosmetic products. The market`s growth is influenced by factors such as consumer demand for processed foods, healthcare products, and cosmetics. Regulatory approvals, safety considerations, and trends toward natural and sustainable ingredients impact the market`s dynamics.

Challenges of the Market

The Philippines propylene glycol market faces challenges linked to changing consumer preferences and increasing awareness of health and safety concerns. Propylene glycol is used in a range of products, including food, cosmetics, and pharmaceuticals. However, consumer demand for natural and organic products has led to a shift away from synthetic ingredients like propylene glycol. Moreover, concerns about potential allergic reactions and the need for product transparency present challenges to manufacturers in this market.

COVID-19 Impact on the Market

The COVID-19 pandemic could have influenced the propylene glycol market in the Philippines. Propylene glycol is used in various industries, including pharmaceuticals, cosmetics, and food production. Disruptions in manufacturing, supply chains, and shifts in consumer behavior during lockdowns might have impacted the demand for products containing propylene glycol. Changes in healthcare priorities and the economic impact of the pandemic could have influenced the market`s dynamics.

Key Players in the Market

Major players in the Philippines propylene glycol market are BASF SE, LyondellBasell Industries NV, Shell Chemicals Ltd., DowDuPont Inc., Sasol Ltd. and Eastman Chemical Company.

Key Highlights of the Report:

  • Philippines Propylene Glycol Market Outlook
  • Market Size of Philippines Propylene Glycol Market, 2024
  • Forecast of Philippines Propylene Glycol Market, 2031
  • Historical Data and Forecast of Philippines Propylene Glycol Revenues & Volume for the Period 2021-2031
  • Philippines Propylene Glycol Market Trend Evolution
  • Philippines Propylene Glycol Market Drivers and Challenges
  • Philippines Propylene Glycol Price Trends
  • Philippines Propylene Glycol Porter's Five Forces
  • Philippines Propylene Glycol Industry Life Cycle
  • Historical Data and Forecast of Philippines Propylene Glycol Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Propylene Glycol Market Revenues & Volume By Unsaturated Polyester Resins,Functional Fluids,Food, Drug, and Cosmetics,Liquid Detergent,Paints and Coating,Others for the Period 2021-2031
  • Philippines Propylene Glycol Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Philippines Propylene Glycol Top Companies Market Share
  • Philippines Propylene Glycol Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Propylene Glycol Company Profiles
  • Philippines Propylene Glycol Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Propylene Glycol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Propylene Glycol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Philippines Propylene Glycol Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Propylene Glycol Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Propylene Glycol Market - Industry Life Cycle

3.4 Philippines Propylene Glycol Market - Porter's Five Forces

3.5 Philippines Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Propylene Glycol Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Propylene Glycol Market Trends

6 Philippines Propylene Glycol Market, By Types

6.1 Philippines Propylene Glycol Market, By Application

6.1.1 Overview and Analysis

6.1.2 Philippines Propylene Glycol Market Revenues & Volume, By Application, 2021-2031F

6.1.3 Philippines Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others, 2021-2031F

7 Philippines Propylene Glycol Market Import-Export Trade Statistics

7.1 Philippines Propylene Glycol Market Export to Major Countries

7.2 Philippines Propylene Glycol Market Imports from Major Countries

8 Philippines Propylene Glycol Market Key Performance Indicators

9 Philippines Propylene Glycol Market - Opportunity Assessment

9.1 Philippines Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Propylene Glycol Market - Competitive Landscape

10.1 Philippines Propylene Glycol Market Revenue Share, By Companies, 2024

10.2 Philippines Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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