Product Code: ETC416899 | 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 | |
The South Korea Propylene Glycol Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.60% in 2025, growth builds up to 4.61% by 2029.
Propylene glycol serves diverse applications in South Korea, including food processing, pharmaceuticals, and cosmetics. The market growth is fueled by its non-toxic properties, increasing health awareness, and industrial applications.
The South Korean propylene glycol market growth is driven by its extensive use in food and beverage, pharmaceuticals, and cosmetics industries. Rising consumer awareness regarding product safety and quality, along with regulatory approvals for its diverse applications, is bolstering market expansion.
Challenges in the South Korean propylene glycol market include price volatility of raw materials and fluctuating demand from end-use industries such as food and beverage, pharmaceuticals, and cosmetics. Regulatory compliance regarding product safety and quality standards also adds complexity to market operations.
Government policies in South Korea address safety standards, quality control, and environmental regulations in the propylene glycol market. Policies include product testing and certification requirements, regulations on chemical handling and storage, and support for sustainable production practices through subsidies and incentives.
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 South Korea Propylene Glycol Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Propylene Glycol Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Propylene Glycol Market - Industry Life Cycle |
3.4 South Korea Propylene Glycol Market - Porter's Five Forces |
3.5 South Korea Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 South Korea Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for propylene glycol in industries such as food and beverage, pharmaceuticals, and cosmetics. |
4.2.2 Increased focus on research and development to enhance the applications of propylene glycol. |
4.2.3 Government initiatives promoting the use of eco-friendly and sustainable products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propylene glycol production. |
4.3.2 Stringent regulations and standards related to the use of propylene glycol in various industries. |
4.3.3 Competition from alternative chemicals with similar properties. |
5 South Korea Propylene Glycol Market Trends |
6 South Korea Propylene Glycol Market, By Types |
6.1 South Korea Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 South Korea Propylene Glycol Market Revenues & Volume, By Application, 2018 - 2028F |
6.1.3 South Korea Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins, Functional Fluids, Food, Drug, and Cosmetics, Liquid Detergent, Paints and Coating, Others, 2018 - 2028F |
7 South Korea Propylene Glycol Market Import-Export Trade Statistics |
7.1 South Korea Propylene Glycol Market Export to Major Countries |
7.2 South Korea Propylene Glycol Market Imports from Major Countries |
8 South Korea Propylene Glycol Market Key Performance Indicators |
8.1 Research and development investment in propylene glycol innovations. |
8.2 Adoption rate of eco-friendly propylene glycol products in the market. |
8.3 Number of regulatory approvals for propylene glycol applications. |
8.4 Rate of adoption of propylene glycol in new industries or applications. |
8.5 Environmental impact measurements related to propylene glycol production and usage. |
9 South Korea Propylene Glycol Market - Opportunity Assessment |
9.1 South Korea Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2028F |
10 South Korea Propylene Glycol Market - Competitive Landscape |
10.1 South Korea Propylene Glycol Market Revenue Share, By Companies, 2021 |
10.2 South Korea Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |