| Product Code: ETC094880 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United States saw significant growth in 1,2-propylene glycol import shipments in 2024, with top exporting countries including South Korea, Germany, China, Singapore, and Belgium. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 25.16%, showcasing a strong upward trend in demand. Additionally, the growth rate from 2023 to 2024 was notably high at 11.69%, suggesting a continued positive trajectory for 1,2-propylene glycol imports into the USA.
2-propylene glycol market
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 United States (US) 1,2-Propylene Glycol Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 United States (US) 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 United States (US) 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 United States (US) 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 United States (US) 1,2-Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for 1,2-propylene glycol in food and beverage industries for use as a solvent, humectant, and stabilizer. |
4.2.2 Growing usage of 1,2-propylene glycol in pharmaceuticals for its properties as a solvent and carrier in drug formulations. |
4.2.3 Rising adoption of 1,2-propylene glycol in personal care products such as cosmetics, skin care, and hair care products due to its moisturizing and viscosity-controlling functions. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as crude oil and natural gas, impacting the production cost of 1,2-propylene glycol. |
4.3.2 Stringent regulations and guidelines regarding the usage of 1,2-propylene glycol in various industries, leading to compliance challenges for manufacturers. |
5 United States (US) 1,2-Propylene Glycol Market Trends |
6 United States (US) 1,2-Propylene Glycol Market, By Types |
6.1 United States (US) 1,2-Propylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2018 - 2027F |
6.1.4 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2018 - 2027F |
6.1.5 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2018 - 2027F |
6.2 United States (US) 1,2-Propylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2018 - 2027F |
6.2.3 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2018 - 2027F |
6.2.4 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2018 - 2027F |
6.2.5 United States (US) 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2018 - 2027F |
7 United States (US) 1,2-Propylene Glycol Market Import-Export Trade Statistics |
7.1 United States (US) 1,2-Propylene Glycol Market Export to Major Countries |
7.2 United States (US) 1,2-Propylene Glycol Market Imports from Major Countries |
8 United States (US) 1,2-Propylene Glycol Market Key Performance Indicators |
8.1 Average selling price of 1,2-propylene glycol in the US market. |
8.2 Number of new product launches incorporating 1,2-propylene glycol in different industries. |
8.3 Investment in research and development activities focused on enhancing the applications of 1,2-propylene glycol. |
9 United States (US) 1,2-Propylene Glycol Market - Opportunity Assessment |
9.1 United States (US) 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United States (US) 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) 1,2-Propylene Glycol Market - Competitive Landscape |
10.1 United States (US) 1,2-Propylene Glycol Market Revenue Share, By Companies, 2021 |
10.2 United States (US) 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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