Product Code: ETC094897 | 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 1, 2-Propylene Glycol market in Romania is experiencing steady growth, driven by increasing demand in various end-use industries such as automotive, construction, and pharmaceuticals. The versatile applications of 1, 2-Propylene Glycol, including its use as an antifreeze, coolant, and solvent, contribute to its rising consumption. The market is further supported by advancements in manufacturing processes and the availability of bio-based propylene glycol, which meets the growing environmental and regulatory standards.
The Romanian 1, 2-propylene glycol market is primarily driven by the rising demand in the automotive and construction industries. This compound is extensively used as an antifreeze, coolant, and hydraulic fluid, which aligns with the growth of these sectors. Additionally, the increasing use of 1, 2-propylene glycol in personal care products, pharmaceuticals, and food industries due to its properties as a humectant and solvent significantly contributes to market expansion. The push towards sustainable and bio-based products also fuels demand, as bio-based propylene glycol offers an environmentally friendly alternative.
The Romania 1, 2-Propylene Glycol market faces several challenges, primarily stemming from fluctuating raw material prices and stringent environmental regulations. The dependency on petroleum-based raw materials makes the market susceptible to crude oil price volatility, impacting production costs and pricing strategies. Additionally, environmental regulations aimed at reducing carbon footprints require manufacturers to invest in greener production technologies, which can be capital intensive. The market also grapples with competition from alternative glycols and bio-based propylene glycol, which offer more sustainable solutions but often at higher costs.
The Romanian market for 1, 2-Propylene Glycol is influenced by several government policies aimed at regulating chemical production and environmental standards. The government enforces strict compliance with European Union (EU) regulations, which dictate the safety, production, and environmental impact of chemical substances. Subsidies and tax incentives are available for companies investing in eco-friendly and sustainable chemical processes. Additionally, Romania government promotes research and development in the chemical sector to foster innovation and competitiveness in the global market.
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 Romania 1,2-Propylene Glycol Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Romania 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 Romania 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 Romania 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Romania 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Romania 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 various industries such as pharmaceuticals, cosmetics, and food beverage. |
4.2.2 Increasing investments in research and development to enhance the applications of 1,2-propylene glycol. |
4.2.3 Favorable regulatory environment promoting the use of 1,2-propylene glycol as a safe ingredient in consumer products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,2-propylene glycol. |
4.3.2 Environmental concerns regarding the disposal and potential impact of 1,2-propylene glycol on ecosystems. |
5 Romania 1,2-Propylene Glycol Market Trends |
6 Romania 1,2-Propylene Glycol Market, By Types |
6.1 Romania 1,2-Propylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.4 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.5 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2021-2031F |
6.2 Romania 1,2-Propylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2021-2031F |
6.2.3 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2021-2031F |
6.2.4 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2021-2031F |
6.2.5 Romania 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2021-2031F |
7 Romania 1,2-Propylene Glycol Market Import-Export Trade Statistics |
7.1 Romania 1,2-Propylene Glycol Market Export to Major Countries |
7.2 Romania 1,2-Propylene Glycol Market Imports from Major Countries |
8 Romania 1,2-Propylene Glycol Market Key Performance Indicators |
8.1 Research and Development Investment in 1,2-propylene glycol applications. |
8.2 Number of new product launches or expansions in industries using 1,2-propylene glycol. |
8.3 Adoption rate of 1,2-propylene glycol in various end-user industries. |
9 Romania 1,2-Propylene Glycol Market - Opportunity Assessment |
9.1 Romania 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Romania 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Romania 1,2-Propylene Glycol Market - Competitive Landscape |
10.1 Romania 1,2-Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Romania 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |