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Propylene Glycol - Global Market Trajectory & Analytics

  • ID: 4805441
  • Report
  • April 2021
  • Region: Global
  • 279 Pages
  • Global Industry Analysts, Inc
Global Propylene Glycol Market to Reach $5.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Propylene Glycol estimated at US$4.1 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 4.7% over the period 2020-2027. Petroleum, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bio-Based segment is readjusted to a revised 5.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.2% CAGR

The Propylene Glycol market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Select Competitors (Total 42 Featured):
  • Adeka Corporation
  • Archer Daniels Midland Company
  • Arrow Chemical Group Corp.
  • Asahi Glass Co., Ltd.
  • BASF SE
  • Chaoyang Chemicals, Inc.
  • DowDuPont, Inc.
  • DuPont Tate & Lyle Bio Products LLC
  • Global Bio-Chem Technology Group Co., Ltd.
  • Golden Dyechem
  • Helm AG
  • Huntsman Corporation
  • INEOS Group AG
  • LyondellBasell Industries NV
  • Oleon NV
  • Oxyde Belgium bvba
  • Royal Dutch Shell PLC
  • Shandong Depu Chemical Industry Science and Technology Co., Ltd
  • SKC Co., Ltd.
  • Temix International S.R.L.
  • Trinternational, Inc.
Frequently Asked Questions about the Global Market for Propylene Glycol

What is the estimated value of the Global Market for Propylene Glycol?

The Global Market for Propylene Glycol was estimated to be valued at $4.1 Billion in 2020.

What is the growth rate of the Global Market for Propylene Glycol?

The growth rate of the Global Market for Propylene Glycol is 4.6%, with an estimated value of $5.6 Billion by 2027.

What is the forecasted size of the Global Market for Propylene Glycol?

The Global Market for Propylene Glycol is estimated to be worth $5.6 Billion by 2027.
Note: Product cover images may vary from those shown

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown