Thailand 1,2-Propylene Glycol Market (2026-2032) | Revenue, Value, Share, Outlook, Forecast, Trends, Growth, Analysis, Industry, Size & Companies

Name: Thailand 1,2-Propylene Glycol Market | Analysis & Share 2032
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Thailand 1,2-Propylene Glycol Market, Thailand 1,2-Propylene Glycol Market Forecast , Thailand 1,2-Propylene Glycol Market Outlook, Thailand 1,2-Propylene Glycol Market Trends, Thailand 1,2-Propylene Glycol Market Analysis, Thailand 1,2-Propylene Glycol Market Growth, Thailand 1,2-Propylene Glycol Market Size, Thailand 1,2-Propylene Glycol Market Share, Thailand 1,2-Propylene Glycol Market Volume

Market Forecast 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) And Competitive Landscape

Product Code: ETC094904	Publication Date: Jun 2021	Updated Date: Mar 2026	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Thailand 1,2-propylene Glycol Market: Import Trend Analysis

Thailand import trend for the 1,2-propylene glycol market showed a growth rate of 5.26% from 2023 to 2024, with a compound annual growth rate (CAGR) of 9.49% between 2020 and 2024. This increase can be attributed to a steady demand shift towards higher-quality chemical inputs in various industries, indicating market stability and sustained import momentum during the period.

Thailand 1,2-propylene Glycol Market: Import Trend Analysis

Thailand 1,2-Propylene Glycol Market Sees 5.26% YoY Growth in 2024 Driven by Rising Demand in Cosmetics and Pharmaceuticals

Thailand's imports of 1,2-propylene glycol were USD 11.4 Million in 2024, increasing by 5.26% YoY, with a 9.49% CAGR during 2020–2024. Increasing utilisation in cosmetics and pharmaceuticals supported demand expansion.

Thailand 1,2-Propylene Glycol Market Size, Drivers and Growth Rate

Thailand 1,2-Propylene Glycol Market is projected to generate revenue of USD 290 million by 2031, growing at a compound annual growth rate (CAGR) of 7.9% during the forecast period 2025-2031.

Thailand 1,2-Propylene Glycol Market is experiencing major growth, driven by rising demand from the food & beverage, pharmaceutical, and cosmetic industries, along with expanding applications in antifreeze and industrial manufacturing sectors.

Thailand 1,2-Propylene Glycol Market Highlights

The size of Thailand 1,2-Propylene Glycol Market was demonstrated USD 185 million in 2024 and is expected to reach USD 290 million by 2031.
Thailand 1,2-Propylene Glycol Market was growing at a CAGR of 5.8% in 2024 and is projected to expand at a CAGR of 7.9% during 2025-2031.
In terms of Application, the food-grade segment contributed the highest revenue in 2024 due to its extensive use as a humectant, stabilizer, and preservative in processed foods and beverages.
The industrial-grade segment is expected to be the fastest-growing category, driven by increasing demand for propylene glycol in antifreeze formulations, polyester resins, and chemical intermediates.

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 the food & beverage industries, the cosmetics industry, and the pharmaceutical sector. 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 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, 2025
Forecast of Thailand 1,2-Propylene Glycol Market, 2032
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Revenues & Volume for the Period 2022 - 2032F
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 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Industrial Grade 1,2-Propylene Glycol for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Food Grade 1,2-Propylene Glycol for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Pharmaceutical Grade 1,2-Propylene Glycol for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Application for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Unsaturated Polyester Resins (UPR) for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Functional Fluids for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Cosmetics, Pharmaceutics and Food for the Period 2022 - 2032F
Historical Data and Forecast of Thailand 1,2-Propylene Glycol Market Revenues & Volume By Liquid Detergents for the Period 2022 - 2032F
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

Thailand 1,2-Propylene Glycol Market (2026-2032): FAQs

What are the key factors contributing to the Thailand 1,2-propylene glycol market's growth?

Who are the key players in the Thailand 1,2-propylene glycol market?

What are the market challenges for the Thailand 1,2-propylene glycol market's growth?

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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 Thailand 1,2-Propylene Glycol Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand 1,2-Propylene Glycol Market Revenues & Volume, 2022 & 2032F

3.3 Thailand 1,2-Propylene Glycol Market - Industry Life Cycle

3.4 Thailand 1,2-Propylene Glycol Market - Porter's Five Forces

3.5 Thailand 1,2-Propylene Glycol Market Revenues & Volume Share, By Product, 2022 & 2032F

3.6 Thailand 1,2-Propylene Glycol Market Revenues & Volume Share, By Application, 2022 & 2032F

4 Thailand 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 end-use industries such as food and beverage, pharmaceuticals, and cosmetics

4.2.2 Increasing awareness about the benefits and applications of 1,2-propylene glycol in Thailand

4.2.3 Favorable regulatory environment supporting the usage of 1,2-propylene glycol in different sectors

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting the production cost of 1,2-propylene glycol

4.3.2 Competition from alternative products or substitutes affecting market penetration

4.3.3 Environmental concerns related to the production and disposal of 1,2-propylene glycol

5 Thailand 1,2-Propylene Glycol Market Trends

6 Thailand 1,2-Propylene Glycol Market, By Types

6.1 Thailand 1,2-Propylene Glycol Market, By Product

6.1.1 Overview and Analysis

6.1.2 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2022-2032F

6.1.3 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2022-2032F

6.1.4 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2022-2032F

6.1.5 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2022-2032F

6.2 Thailand 1,2-Propylene Glycol Market, By Application

6.2.1 Overview and Analysis

6.2.2 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2022-2032F

6.2.3 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2022-2032F

6.2.4 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2022-2032F

6.2.5 Thailand 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2022-2032F

7 Thailand 1,2-Propylene Glycol Market Import-Export Trade Statistics

7.1 Thailand 1,2-Propylene Glycol Market Export to Major Countries

7.2 Thailand 1,2-Propylene Glycol Market Imports from Major Countries

8 Thailand 1,2-Propylene Glycol Market Key Performance Indicators

8.1 Adoption rate of 1,2-propylene glycol in new applications or industries

8.2 Rate of new product development or innovation in the 1,2-propylene glycol market

8.3 Number of regulatory approvals or certifications obtained for 1,2-propylene glycol products

9 Thailand 1,2-Propylene Glycol Market - Opportunity Assessment

9.1 Thailand 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2022 & 2032F

9.2 Thailand 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2022 & 2032F

10 Thailand 1,2-Propylene Glycol Market - Competitive Landscape

10.1 Thailand 1,2-Propylene Glycol Market Revenue Share, By Companies, 2025

10.2 Thailand 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

India 1,2-Propylene Glycol Market

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