Product Code: IRTNTR75226
The 1, 2-propanediol market is forecasted to grow by USD 1798.7 mn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the 1, 2-propanediol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by favorable government policies, growing demand for 1,2-propanediol in personal care and pharmaceutical products, and increased demand for 1,2-propanediol from apac.
Technavio's 1, 2-propanediol market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.23% |
CAGR | 6.78% |
Incremental Value | $1798.7 mn |
By Product Type
- Industrial grade
- Food grade
- Pharmaceutical grade
By Application
- Unsaturated polyester resins (UPR)
- Functional fluids
- CP and F
- Liquid detergents
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing demand for green construction as one of the prime reasons driving the 1, 2-propanediol market growth during the next few years. Also, strategic partnerships and acquisitions and rising demand for unsaturated polyester resins with increasing number of wind power installations will lead to sizable demand in the market.
The report on the 1, 2-propanediol market covers the following areas:
- 1, 2-propanediol market sizing
- 1, 2-propanediol market forecast
- 1, 2-propanediol market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 1, 2-propanediol market vendors that include Archer Daniels Midland Co., Arham Petrochem Pvt. Ltd., Avril SCA, BASF SE, Dow Chemical Co., Global Bio chem Technology Group Co. Ltd., HELM AG, Huntsman International LLC, INEOS AG, LyondellBasell Industries N.V., Manali Petrochemicals Ltd., Merck KGaA, Repsol SA, Shell plc, Sisco Research Laboratories Pvt. Ltd., SKC, Sumitomo Chemical Co. Ltd., Tokyo Chemical Industry Co. Ltd., Toronto Research Chemicals Inc., and Vizag Chemical International. Also, the 1, 2-propanediol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global 1, 2-Propanediol Market 2018 - 2022
- Historic Market Size - Data Table on Global 1, 2-Propanediol Market 2018 - 2022 ($ million)
- 4.2 Product Type segment analysis 2018 - 2022
- Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
- 4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product Type
- 6.1 Market segments
- Chart on Product Type - Market share 2023-2028 (%)
- Data Table on Product Type - Market share 2023-2028 (%)
- 6.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
- 6.3 Industrial grade - Market size and forecast 2023-2028
- Chart on Industrial grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Industrial grade - Market size and forecast 2023-2028 ($ million)
- Chart on Industrial grade - Year-over-year growth 2023-2028 (%)
- Data Table on Industrial grade - Year-over-year growth 2023-2028 (%)
- 6.4 Food grade - Market size and forecast 2023-2028
- Chart on Food grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Food grade - Market size and forecast 2023-2028 ($ million)
- Chart on Food grade - Year-over-year growth 2023-2028 (%)
- Data Table on Food grade - Year-over-year growth 2023-2028 (%)
- 6.5 Pharmaceutical grade - Market size and forecast 2023-2028
- Chart on Pharmaceutical grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Pharmaceutical grade - Market size and forecast 2023-2028 ($ million)
- Chart on Pharmaceutical grade - Year-over-year growth 2023-2028 (%)
- Data Table on Pharmaceutical grade - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 7.3 Unsaturated polyester resins (UPR) - Market size and forecast 2023-2028
- Chart on Unsaturated polyester resins (UPR) - Market size and forecast 2023-2028 ($ million)
- Data Table on Unsaturated polyester resins (UPR) - Market size and forecast 2023-2028 ($ million)
- Chart on Unsaturated polyester resins (UPR) - Year-over-year growth 2023-2028 (%)
- Data Table on Unsaturated polyester resins (UPR) - Year-over-year growth 2023-2028 (%)
- 7.4 Functional fluids - Market size and forecast 2023-2028
- Chart on Functional fluids - Market size and forecast 2023-2028 ($ million)
- Data Table on Functional fluids - Market size and forecast 2023-2028 ($ million)
- Chart on Functional fluids - Year-over-year growth 2023-2028 (%)
- Data Table on Functional fluids - Year-over-year growth 2023-2028 (%)
- 7.5 CP and F - Market size and forecast 2023-2028
- Chart on CP and F - Market size and forecast 2023-2028 ($ million)
- Data Table on CP and F - Market size and forecast 2023-2028 ($ million)
- Chart on CP and F - Year-over-year growth 2023-2028 (%)
- Data Table on CP and F - Year-over-year growth 2023-2028 (%)
- 7.6 Liquid detergents - Market size and forecast 2023-2028
- Chart on Liquid detergents - Market size and forecast 2023-2028 ($ million)
- Data Table on Liquid detergents - Market size and forecast 2023-2028 ($ million)
- Chart on Liquid detergents - Year-over-year growth 2023-2028 (%)
- Data Table on Liquid detergents - Year-over-year growth 2023-2028 (%)
- 7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Archer Daniels Midland Co.
- Archer Daniels Midland Co. - Overview
- Archer Daniels Midland Co. - Business segments
- Archer Daniels Midland Co. - Key news
- Archer Daniels Midland Co. - Key offerings
- Archer Daniels Midland Co. - Segment focus
- 12.4 BASF SE
- BASF SE - Overview
- BASF SE - Business segments
- BASF SE - Key news
- BASF SE - Key offerings
- BASF SE - Segment focus
- 12.5 Dow Chemical Co.
- Dow Chemical Co. - Overview
- Dow Chemical Co. - Business segments
- Dow Chemical Co. - Key news
- Dow Chemical Co. - Key offerings
- Dow Chemical Co. - Segment focus
- 12.6 Global Bio chem Technology Group Co. Ltd.
- Global Bio chem Technology Group Co. Ltd. - Overview
- Global Bio chem Technology Group Co. Ltd. - Business segments
- Global Bio chem Technology Group Co. Ltd. - Key offerings
- Global Bio chem Technology Group Co. Ltd. - Segment focus
- 12.7 Huntsman International LLC
- Huntsman International LLC - Overview
- Huntsman International LLC - Business segments
- Huntsman International LLC - Key news
- Huntsman International LLC - Key offerings
- Huntsman International LLC - Segment focus
- 12.8 INEOS AG
- INEOS AG - Overview
- INEOS AG - Product / Service
- INEOS AG - Key news
- INEOS AG - Key offerings
- 12.9 LyondellBasell Industries N.V.
- LyondellBasell Industries N.V. - Overview
- LyondellBasell Industries N.V. - Business segments
- LyondellBasell Industries N.V. - Key news
- LyondellBasell Industries N.V. - Key offerings
- LyondellBasell Industries N.V. - Segment focus
- 12.10 Manali Petrochemicals Ltd.
- Manali Petrochemicals Ltd. - Overview
- Manali Petrochemicals Ltd. - Product / Service
- Manali Petrochemicals Ltd. - Key offerings
- 12.11 Merck KGaA
- Merck KGaA - Overview
- Merck KGaA - Business segments
- Merck KGaA - Key news
- Merck KGaA - Key offerings
- Merck KGaA - Segment focus
- 12.12 Repsol SA
- Repsol SA - Overview
- Repsol SA - Business segments
- Repsol SA - Key news
- Repsol SA - Key offerings
- Repsol SA - Segment focus
- 12.13 Shell plc
- Shell plc - Overview
- Shell plc - Business segments
- Shell plc - Key news
- Shell plc - Key offerings
- Shell plc - Segment focus
- 12.14 SKC
- SKC - Overview
- SKC - Product / Service
- SKC - Key offerings
- 12.15 Sumitomo Chemical Co. Ltd.
- Sumitomo Chemical Co. Ltd. - Overview
- Sumitomo Chemical Co. Ltd. - Business segments
- Sumitomo Chemical Co. Ltd. - Key offerings
- Sumitomo Chemical Co. Ltd. - Segment focus
- 12.16 Tokyo Chemical Industry Co. Ltd.
- Tokyo Chemical Industry Co. Ltd. - Overview
- Tokyo Chemical Industry Co. Ltd. - Product / Service
- Tokyo Chemical Industry Co. Ltd. - Key offerings
- 12.17 Toronto Research Chemicals Inc.
- Toronto Research Chemicals Inc. - Overview
- Toronto Research Chemicals Inc. - Product / Service
- Toronto Research Chemicals Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations