Singapore Propylene Glycol Market (2025-2031) Outlook | Analysis, Revenue, Companies, Share, Industry, Value, Growth, Trends, Size & Forecast
Market Forecast By Application (Unsaturated Polyester Resins,Functional Fluids,Food, Drug, and Cosmetics,Liquid Detergent,Paints and Coating,Others) And Competitive Landscape
| Product Code: ETC416903 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Singapore Propylene Glycol Market Size Growth Rate
The Singapore Propylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 0.02% in 2025, climbs to a high of 0.02% in 2027, and moderates to 0.01% by 2029.
Propylene Glycol Market: Singapore vs Top 5 Major Economies in 2027 (Asia)
The Propylene Glycol market in Singapore is projected to grow at a stable growth rate of 0.02% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Singapore Propylene Glycol Market Synopsis
The Singapore propylene glycol market serves industries requiring this chemical for applications such as food additives and antifreeze. Market trends are influenced by product quality, safety standards, and adherence to regulatory requirements to meet the demands of diverse industrial applications.
Drivers of the Market
The Singapore propylene glycol market is anticipated to grow due to its applications in industries such as food and beverage, pharmaceuticals, and cosmetics. Propylene glycol is used as a food additive, pharmaceutical excipient, and moisturizing agent in cosmetics. As consumer preferences shift towards safer and higher-quality products, the demand for propylene glycol is likely to increase, supporting market growth.
Challenges of the Market
The propylene glycol market in Singapore faces challenges related to sustainability, regulatory compliance, and market dynamics. Propylene glycol is used in various industries, including food, pharmaceuticals, and cosmetics, and ensuring its safe use and compliance with regulations is essential. Navigating sustainability initiatives, addressing concerns about regulatory changes, and adapting to market fluctuations are key challenges for market competitiveness.
COVID-19 Impact on the Market
The propylene glycol market in Singapore navigated the COVID-19 pandemic with adaptability, with sustained demand in sectors like food and pharmaceuticals. Propylene glycol remained essential for various applications. Suppliers adapted by optimizing production processes and maintaining product quality. The pandemic emphasized the significance of propylene glycol in food and drug formulations, influencing market strategies.
Key Players in the Market
Propylene glycol finds applications in food, pharmaceuticals, and industrial sectors. Key players include Dow Chemical, BASF, and local distributors of industrial chemicals.
Key Highlights of the Report:
- Singapore Propylene Glycol Market Outlook
- Market Size of Singapore Propylene Glycol Market, 2024
- Forecast of Singapore Propylene Glycol Market, 2031
- Historical Data and Forecast of Singapore Propylene Glycol Revenues & Volume for the Period 2021-2031
- Singapore Propylene Glycol Market Trend Evolution
- Singapore Propylene Glycol Market Drivers and Challenges
- Singapore Propylene Glycol Price Trends
- Singapore Propylene Glycol Porter's Five Forces
- Singapore Propylene Glycol Industry Life Cycle
- Historical Data and Forecast of Singapore Propylene Glycol Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Singapore 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
- Singapore Propylene Glycol Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Singapore Propylene Glycol Top Companies Market Share
- Singapore Propylene Glycol Competitive Benchmarking By Technical and Operational Parameters
- Singapore Propylene Glycol Company Profiles
- Singapore Propylene Glycol Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Singapore 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 Singapore 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 Singapore Propylene Glycol Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Propylene Glycol Market - Industry Life Cycle |
3.4 Singapore Propylene Glycol Market - Porter's Five Forces |
3.5 Singapore Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as pharmaceuticals, food beverage, and cosmetics |
4.2.2 Increasing adoption of propylene glycol as a solvent and humectant in various applications |
4.2.3 Rising awareness about the benefits of propylene glycol in personal care products and pharmaceuticals |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations regarding the use of propylene glycol in certain applications |
4.3.3 Competition from alternative products like glycerin and ethylene glycol |
5 Singapore Propylene Glycol Market Trends |
6 Singapore Propylene Glycol Market, By Types |
6.1 Singapore Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Singapore Propylene Glycol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Singapore Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others, 2021-2031F |
7 Singapore Propylene Glycol Market Import-Export Trade Statistics |
7.1 Singapore Propylene Glycol Market Export to Major Countries |
7.2 Singapore Propylene Glycol Market Imports from Major Countries |
8 Singapore Propylene Glycol Market Key Performance Indicators |
8.1 Rate of adoption of propylene glycol in new applications |
8.2 Growth in the number of partnerships and collaborations in the propylene glycol market |
8.3 Investment in research and development for propylene glycol innovations and applications |
9 Singapore Propylene Glycol Market - Opportunity Assessment |
9.1 Singapore Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Propylene Glycol Market - Competitive Landscape |
10.1 Singapore Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Singapore Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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