年間契約型資訊服務
商品編碼
1267882
丙二醇的全球市場 (2015-2035年):工廠生產能力、生產量、運作效率、供需數量、等級、終端用戶產業、銷售管道、地區需求、海外貿易、企業佔有率Global Propylene Glycol Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Grade, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035 |
全球丙二醇的市場規模,估計從2022年的約190萬噸,在預測期間中以5.26%的年複合成長率發展,2035年達到380萬噸的規模。
可支配所得增加,生活方式的變化,美容趨勢的高漲促進預計在預測期間內的市場成長。還有今後數年,引擎冷卻劑,飛機的解凍液,油壓工作油等也預計丙二醇使用的機會增加。
本報告提供全球丙二醇的市場調查,工廠生產能力,生產量,需求量,進出口數量的變化、預測,各種區分、各地區的明細,企業佔有率等資訊。
目錄
The global Propylene Glycol market has expanded remarkably in the historic period of 2015-2022 and reached 1900 thousand tonnes in and is expected to grow at a CAGR of 5.26% during the forecast period until 2035.
Propylene Glycol is a colourless and odourless liquid chemical with the IUPAC name Propane -1,2 diol. Commercially, Propylene Glycol is manufactured by the hydration of Propylene Oxide. Di and tri-propylene glycol as well as small quantities of higher glycols are also produced in the reaction. Propylene glycol is a synthetic material which readily absorbs water. Propylene glycol is used to synthesize polyester composites and is employed as a base for de-icing solutions. Propylene glycol finds applications in the chemical, pharmaceutical, and food industries as an antifreeze when leakage might lead to contact with the food product. The Food and Drug Administration (FDA) has classified it as an additive generally recognized as safe" for applications in the food industry. It is used to absorb excess water and preserve moisture in some food, medication, and cosmetic goods. Moreover, artificial fog or smoke made from propylene glycol is employed in theatre shows and firefighter training.
The majority of the total Propylene Glycol produced globally, is used as a food additive in the food & beverage sector. It is utilized to retain moisture and absorb excess water in specific pharmaceutical, cosmetic, or food items. It is a solvent used in the paint and plastics industries, as well as for food colours and flavors. In Cosmetic Industry, it is used for skincare products, hair care products, soaps as well as color cosmetics due to its super freezing point, humectant, and mould inhibiting properties. Rising disposable income coupled with changing lifestyles and increasing adoption of beauty trends is anticipated to fuel the market growth in the forecast period. In the coming years, the automotive sector is expected to be the fastest-growing sector owing to the increasing application of Propylene Glycol as engine coolant, deicing fluid in aircraft, hydraulic fluids, etc. The total demand for Propylene Glycol is anticipated to reach approximately 3800 thousand tonnes in 2035.
Regionally, the North America region is dominating the Propylene Glycol market, followed by Europe and Asia Pacific region. North America consumed approximately 36% of the total Propylene Glycol demand across the globe. Due to the enormous demand for this organic compound in the food & beverage industry and as well as applications in pharmaceuticals and cosmetics, the demand for Propylene Glycol is expected to rise significantly over the course of the projection period. Factors such as blooming construction, packaging, and food & beverage sectors along with other industries, coupled with growing population and urbanization in the Asia Pacific region are expected to boost the Propylene Glycol market through 2035.
Based on grade, the Propylene Glycol market is segregated into USP, Industrial, and Technical Grade. Among these, the USP grade is the most widely used in the globe. This grade captured more than 40% of the market in the year 2022.
Based on the end-user industry, the global Propylene Glycol market is segmented into Food & Beverage, Pharmaceuticals, Cosmetics, Automotive, and Others. Among these, the Food & Beverage industry is the key consumer of the Propylene Glycol market. In 2022, this industry held about 28% of the market share and is anticipated to dominate the market even in the forecast period. Surging demand for ready-to-eat food items demands higher amounts of Propylene Glycol, likely to augment market expansion.
Major players in the production of Global Propylene Glycol are LyondellBasell, Dow Chemical, SK Chemicals, ADM, Indorama Ventures, Monument Chemical, INEOS, BASF, Shell Eastern Petroleum, CNOOC & Shell Petrochemicals (CSPC), Dongying Hi Tech Spring Chemical Ltd, Manali Petrochemicals, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2035
To extract data for Global Propylene Glycol market, primary research surveys were conducted with Propylene Glycol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Propylene Glycol market over the coming years.
ChemAnalyst calculated Propylene Glycol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the raw materials to produce Propylene Glycol . ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Propylene Glycol s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, Global Propylene Glycol s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.
Table of Content