Thailand 1,2-Propylene Glycol Market (2025-2031) | Revenue, Value, Share, Outlook, Forecast, Trends, Growth, Analysis, Industry, Size & Companies

Thailand 12 Propylene Glycol Market Highlights

Report Name	Thailand 12 Propylene Glycol Market
Forecast Period	2025-2031
CAGR	7.9%
Growing Sector	The Cosmetics, Pharmaceutics, and Food

Topics Covered in the Thailand 1,2-Propylene Glycol Market

Thailand 1,2-Propylene Glycol Market report thoroughly covers the market product and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand 1,2-Propylene Glycol Market Synopsis

The propylene glycol market in Thailand is expected to grow with increasing demand from various sectors such as food & beverage industries, cosmetics industry, and pharmaceutical sectors. Additionally, the an increasing demand for sustainable personal care products and technological advancements in pharmaceuticals. The increasing focus on product differentiation, customer-centric innovation, and strategic partnerships is another major driver proliferating the market growth. 

According to 6Wresearch, the Thailand 1,2-Propylene Glycol Market size is estimated to grow at a CAGR of 7.9% during the forecast period 2025-2031. As consumer awareness of product safety and quality grows, propylene glycol`s presence in personal care and food products contributes to its sustained demand. The food & beverage industry is one of the major drivers augmenting the PG demand as it is used as a food additive in various applications such as dairy products, baked goods, and processed foods to help maintain consistency and extend the shelf life of products.

The cosmetics industry is another sector driving the product demand, as 1,2-Propylene Glycol is used to improve product quality and enhance functionality, including as a humectant and solvent. However, some challenges can affect the Thailand 1,2-Propylene Glycol market growth, including the volatile prices of raw materials and the highly competitive, with numerous manufacturers in the region offering similar products. Nevertheless, the an increasing adoption of bio-based versions of PG derived from renewable sources such as corn, soy, and palm oil, among others. This is due to the growing concerns over sustainability, environmental impact, and the health hazards associated with traditional petroleum-based versions.

Government Initiatives Introduced in the Thailand 1,2-Propylene Glycol Market

The Thailand government has been supporting the growth of the chemicals industry by providing various incentives such as tax holidays, import duty exemptions, and investment allowances, among others. These initiatives have boosted the growth of the 1,2-Propylene Glycol market in the country. these initiatives are supporting the growth of the Thailand 1,2-Propylene Glycol industry. 

Key Players in the Thailand 1,2-Propylene Glycol Market

Some of the key players in the Thailand 1,2-Propylene Glycol market include 

• Dow Chemical Company
• LyondellBasell Industries, SKC Co., Ltd.
• Royal Dutch Shell

Future Insights of the Thailand 1,2-Propylene Glycol Market

The Thailand 1,2-Propylene Glycol market presents several opportunities for growth, including the expanding pharmaceutical industry and the growing demand for personal care products in the region. The increasing demand for PG in applications such as electronic cigarettes and the paint and coating industry has created further growth opportunities for the market.

Market Analysis by Product

According to Nitesh, Research Manager, 6Wresearch, the industrial-grade product is the only one recording growth in the market currently. This growth is attributed to its cost-effectiveness and effectiveness in various applications from the automobile industry to heating.

Market Analysis by Application

Based on the application, liquid detergents have been the only rapidly growing application. Due to its unique property of 1,2-propylene glycol helps it control the viscosity of liquid detergents efficiently. The growing demand for household cleaning products in Thailand is driving the rapid growth of 1,2-propylene glycol in this sector.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2021.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand 1,2-Propylene Glycol Market Outlook
• Market Size of Thailand 1,2-Propylene Glycol Market, 2024
• Forecast of Thailand 1,2-Propylene Glycol Market, 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Revenues & Volume for the Period 2021 - 2031
• Thailand 1,2-Propylene Glycol Market Trend Evolution
• Thailand 1,2-Propylene Glycol Market Drivers and Challenges
• Thailand 1,2-Propylene Glycol Price Trends
• Thailand 1,2-Propylene Glycol Porter's Five Forces
• Thailand 1,2-Propylene Glycol Industry Life Cycle
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Product for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Industrial Grade 1,2-Propylene Glycol for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Food Grade 1,2-Propylene Glycol for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Pharmaceutical Grade 1,2-Propylene Glycol for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Unsaturated Polyester Resins (UPR) for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Functional Fluids for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Cosmetics, Pharmaceutics and Food for the Period 2021 - 2031
• Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Liquid Detergents for the Period 2021 - 2031
• Thailand 1,2-Propylene Glycol Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• Thailand 1,2-Propylene Glycol Top Companies Market Share
• Thailand 1,2-Propylene Glycol Competitive Benchmarking By Technical and Operational Parameters
• Thailand 1,2-Propylene Glycol Company Profiles
• Thailand 1,2-Propylene Glycol Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Industrial Grade 1,2-Propylene Glycol
• Food Grade 1,2-Propylene Glycol
• Pharmaceutical Grade 1,2-Propylene Glycol

By Application

• Unsaturated Polyester Resins (UPR)
• Functional Fluids
• Cosmetics
• Pharmaceutics And Food
• Liquid Detergents