| Product Code: ETC5358801 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Serbia`s propylene glycol market witnessed a decline in imports from 2023 to 2024, with a growth rate of -21.01%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a positive 18.04%. This decline in import growth could be attributed to shifts in demand dynamics or changes in trade policies during the period.
The Propylene Glycol market in Serbia is projected to grow at a exponential growth rate of 17.97% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Serbia Propylene Glycol Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Propylene Glycol Market - Industry Life Cycle |
3.4 Serbia Propylene Glycol Market - Porter's Five Forces |
3.5 Serbia Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Serbia Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for propylene glycol in various end-use industries such as pharmaceuticals, food and beverage, and personal care. |
4.2.2 Increasing awareness about the benefits of propylene glycol as a safe and versatile ingredient. |
4.2.3 Rise in research and development activities for the development of innovative propylene glycol-based products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as petroleum-based feedstocks can impact the production cost of propylene glycol. |
4.3.2 Stringent regulations and standards related to the use of propylene glycol in certain industries may limit market growth. |
4.3.3 Competition from alternative products and substitutes in the market. |
5 Serbia Propylene Glycol Market Trends |
6 Serbia Propylene Glycol Market Segmentations |
6.1 Serbia Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Serbia Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Serbia Propylene Glycol Market Import-Export Trade Statistics |
7.1 Serbia Propylene Glycol Market Export to Major Countries |
7.2 Serbia Propylene Glycol Market Imports from Major Countries |
8 Serbia Propylene Glycol Market Key Performance Indicators |
8.1 Research and development investment in propylene glycol-based product innovations. |
8.2 Adoption rate of propylene glycol in emerging applications and industries. |
8.3 Number of partnerships and collaborations for expanding market presence and distribution channels. |
9 Serbia Propylene Glycol Market - Opportunity Assessment |
9.1 Serbia Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Serbia Propylene Glycol Market - Competitive Landscape |
10.1 Serbia Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Serbia Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |