Propylene Glycol Market size was valued at US$ 4.51 Bn. in 2023 and transportation is one of the dominating segments reviewed in our report and dominating the Global Polypropylene Market.Propylene Glycol Market Overview:
The Propylene glycol is a sticky, stable, hygroscopic liquid made by hydrating propylene oxide. It is colorless, miscible with water and some organic solvents, and can dissolve in some resins, dyes, and essential oils. Propylene Glycol is used as a moisturizer, preservative, solvent, and emollient, it is used in a variety of personal care products such as creams, lotions, serums, and shampoos. It is also used in the manufacture of inks, adhesives, detergents, antifreeze, laminates, engine coolants, industrial solvents, chemical intermediates, unsaturated polyester resins, non-ionic detergents, paints, and coatings.To know about the Research Methodology :- Request Free Sample Report
Global Propylene Glycol Market Dynamics:
Propylene glycol is widely used to improve the texture, taste, appearance, and shelf life of various processed foods. Significant increases in processed food consumption due to busy lifestyles, dietary changes, and increased labor force are some of the major drivers of market growth. However, the growth of the construction and transportation industry has led to an increase in demand for propylene glycol in a variety of industrial chemicals such as cutting fluids, automotive coolants, and hydraulics, and brake fluids. It is used as an active ingredient solubilizer and contributes to the growth of the market. Manufacturers in the industry are focusing on bio-based chemicals for the production of propylene glycol due to growing environmental problems that act as another growth factor. In addition, the prevalence of coronavirus disease (COVID19) has increased the need for propylene glycol in the production of hand sanitizers and surface disinfectants. The increasing use of the global propylene glycol market in processed foods and beverages is estimated to hold the largest market share during the forecast period. Due to the unique properties of propylene glycol, it is widely used in a variety of applications, including, personal care products, food products, etc. However, fluctuations in raw material prices and the high investment required for research and development can hamper this market over an estimated period. Alternatively, increasing demand for bio-based propylene glycol is expected to provide new opportunities for the global propylene glycol market. The global propylene glycol ether market is used in a variety of applications in a variety of industries. Because each application requires specific characteristics and characteristics, manufacturers focus on improving the product mix and providing bespoke and bespoke products to meet customer-specific requirements. In the electronics field, we need bespoke products with special properties and improved quality. Therefore, it is presumed that product differences and adaptations create new development opportunities in the market. Propylene glycol is a petrochemical product and its quality does not vary from manufacturer to manufacturer. Industrial grade propylene glycol is used as a raw material for the production of other chemicals. Therefore, it acts as a basic feed with little change when applied. This leaves designers with little room for product differences.Global Propylene Glycol Market Segment Analysis:
By Source, Petroleum-based Propylene Glycol is the dominating segment in the global propylene glycol market. Petroleum-based propylene glycol held more than 50% of the market share and it is expected to lead the global market over a forecast period due to increasing use in the transportation and construction industries. Petroleum-based Propylene has wide usage in automobiles and transportation as a mechanical fluid and lubricant which has a limited petroleum and petrochemical producer to supply the global demand. By Application, Unsaturated polyester resins are dominating the global Propylene Glycol Market and it is expected to grow with a CAGR of 3.7% during the forecast period, followed by antifreeze, functional liquids, and pharmaceuticals. The growing construction and construction industry, coupled with increased investment in infrastructure development in emerging markets, is driving the growth of the propylene glycol market in the use of unsaturated polyester resins. By End-User Industry, Transportation is the dominating Segment in Global Propylene Glycol Market with more than 35% of share in the global market. Due to development in transportation and automobile industry and wide usage of polypropylene in deicing fluid, Coolant, Hydraulic and Brake Fluid which drives the growth of polypropylene glycol usage in the transportation segment. The Segment is expected to grow at a CAGR of 5.6% throughout the forecasted period.
Regional Insights:
The Asia Pacific is the dominating region in Global Propylene Glycol Market. The Asia Pacific held more than 34% market share in 2023. This advantage can be traced back to the epidemic growth of the Indian and Chinese automotive, construction, F & B, and pharmaceutical industries. These industries supply nearly half of the world's population in these two economies. According to the latest records from Open Government Data Platform India, India's total vehicle population in 2023 will be 210 million, the sector is growing rapidly. The automotive sector has become a major employer of propylene glycol as a coolant. In addition to antifreeze, flood control and brake fluid meet the market with great demand. The objective of the report is to present a comprehensive analysis of the Global Propylene Glycol market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Propylene Glycol market dynamics, structure by analyzing the market segments and projecting the Global Propylene Glycol market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Propylene Glycol market make the report investor’s guide.Global Propylene Glycol Market Scope :Inquire before buying
Propylene Glycol Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 4.51 Bn. Forecast Period 2024 to 2030 CAGR: 4.4% Market Size in 2030: US $ 6.09 Bn. Segments Covered: by Source Petroleum-based Propylene Glycol Bio-based Propylene Glycol by Application Unsaturated Polyester Resin Food, Pharmaceuticals & Cosmetics Antifreeze & Functional Fluid Liquid Detergents Plasticizers Others by End User Industry Transportation Building & Construction Pharmaceuticals & Cosmetics Food & Beverage Others Global Propylene Glycol Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)Key Players are :
1. Archer Daniels Midland Company 2. BASF SE 3. The DOW Chemical Company 4. Global Bio-Chem Technology Group Co., Ltd. 5. LyondellBasell Industries N.V. 6. Huntsman Corporation 7. SKC Co., Ltd. 8. Royal Dutch Shell PLC. 9. Remix International S.R.L. 10.Dupont Tate & Lyle Bio Products Company, LLC 11.Ineos Oxide 12.Asahi Glass Co., Ltd. 13.Adeka Corporation 14.Manali Petrochemicals Limited 15.Qingdao Shida Chemical Co., Ltd. 16.Tongling Jintai Chemical Industrial Co., Ltd. 17.Dongying Hi-tech Spring Chemical Industrial Co., Ltd. 18.Shandong Depu Chemical Industry Science and Technology Co., Ltd 19.Chaoyang Chemicals, Inc. 20.Oleon Nv 21.Golden Dyechem 22.Haike Chemical Group 23.Helm AG 24.Oxide Belgium B.V. 25.Arrow Chemical Group Corp. 26.Trinternational, Inc.FAQ
1] What segments are covered in the Global Propylene Glycol Market report? Ans. The segments covered in the Global Propylene Glycol Market report are based on Source, Application, and End User Industry. 2] Which region is expected to hold the highest share in the Global Propylene Glycol Market? Ans. Asia Pacific Region is expected to hold the highest share in the Global Propylene Glycol Market. 3] What is the market size of Global Propylene Glycol Marketby2030? Ans. The market size of Global Propylene Glycol Market by 2030 is US $ 6.09 Bn. 4] Who are the top key players in the Global Propylene Glycol Market? Ans. Archer Daniels Midland Company, BASF SE, The DOW Chemical Company, Global Bio-Chem Technology Group Co., Ltd., LyondellBasell Industries N.V., Huntsman Corporation, SKC Co., Ltd., Royal Dutch Shell PLC., Temix International S.R.L., Dupont Tate & Lyle Bio Products Company, LLC, Ineos Oxide, Asahi Glass Co., Ltd., Adeka Corporation, Manali Petrochemicals Limited, Qingdao Shida Chemical Co., Ltd., Tongling Jintai Chemical Industrial Co., Ltd., Dongying Hi-Tech Spring Chemical Industrial Co., Ltd., Shandong Depu Chemical Industry Science and Technology Co., Ltd, Chaoyang Chemicals, Inc., Oleon Nv, Golden Dyechem, Haike Chemical Group, Helm AG, Oxide Belgium B.V., Arrow Chemical Group Corp., Trinternational, Inc. 5] What was the market size of the Global Propylene Glycol Market in 2023? Ans. The market size of the Global Propylene Glycol Market in 2023 was US $ 4.51 Bn.
1. Propylene Glycol Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Propylene Glycol Market: Dynamics 2.1. Propylene Glycol Market Trends by Region 2.1.1. North America Propylene Glycol Market Trends 2.1.2. Europe Propylene Glycol Market Trends 2.1.3. Asia Pacific Propylene Glycol Market Trends 2.1.4. Middle East and Africa Propylene Glycol Market Trends 2.1.5. South America Propylene Glycol Market Trends 2.2. Propylene Glycol Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Propylene Glycol Market Drivers 2.2.1.2. North America Propylene Glycol Market Restraints 2.2.1.3. North America Propylene Glycol Market Opportunities 2.2.1.4. North America Propylene Glycol Market Challenges 2.2.2. Europe 2.2.2.1. Europe Propylene Glycol Market Drivers 2.2.2.2. Europe Propylene Glycol Market Restraints 2.2.2.3. Europe Propylene Glycol Market Opportunities 2.2.2.4. Europe Propylene Glycol Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Propylene Glycol Market Drivers 2.2.3.2. Asia Pacific Propylene Glycol Market Restraints 2.2.3.3. Asia Pacific Propylene Glycol Market Opportunities 2.2.3.4. Asia Pacific Propylene Glycol Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Propylene Glycol Market Drivers 2.2.4.2. Middle East and Africa Propylene Glycol Market Restraints 2.2.4.3. Middle East and Africa Propylene Glycol Market Opportunities 2.2.4.4. Middle East and Africa Propylene Glycol Market Challenges 2.2.5. South America 2.2.5.1. South America Propylene Glycol Market Drivers 2.2.5.2. South America Propylene Glycol Market Restraints 2.2.5.3. South America Propylene Glycol Market Opportunities 2.2.5.4. South America Propylene Glycol Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Propylene Glycol Industry 2.8. Analysis of Government Schemes and Initiatives For Propylene Glycol Industry 2.9. Propylene Glycol Market Trade Analysis 2.10. The Global Pandemic Impact on Propylene Glycol Market 3. Propylene Glycol Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Propylene Glycol Market Size and Forecast, by Source (2023-2030) 3.1.1. Petroleum-based Propylene Glycol 3.1.2. Bio-based Propylene Glycol 3.2. Propylene Glycol Market Size and Forecast, by Application (2023-2030) 3.2.1. Unsaturated Polyester Resin 3.2.2. Food, Pharmaceuticals & Cosmetics 3.2.3. Antifreeze & Functional Fluid 3.2.4. Liquid Detergents 3.2.5. Plasticizers 3.2.6. Others 3.3. Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 3.3.1. Transportation 3.3.2. Building & Construction 3.3.3. Pharmaceuticals & Cosmetics 3.3.4. Food & Beverage 3.3.5. Others 3.4. Propylene Glycol Market Size and Forecast, by Region (2023-2030) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Propylene Glycol Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Propylene Glycol Market Size and Forecast, by Source (2023-2030) 4.1.1. Petroleum-based Propylene Glycol 4.1.2. Bio-based Propylene Glycol 4.2. North America Propylene Glycol Market Size and Forecast, by Application (2023-2030) 4.2.1. Unsaturated Polyester Resin 4.2.2. Food, Pharmaceuticals & Cosmetics 4.2.3. Antifreeze & Functional Fluid 4.2.4. Liquid Detergents 4.2.5. Plasticizers 4.2.6. Others 4.3. North America Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 4.3.1. Transportation 4.3.2. Building & Construction 4.3.3. Pharmaceuticals & Cosmetics 4.3.4. Food & Beverage 4.3.5. Others 4.4. North America Propylene Glycol Market Size and Forecast, by Country (2023-2030) 4.4.1. United States 4.4.1.1. United States Propylene Glycol Market Size and Forecast, by Source (2023-2030) 4.4.1.1.1. Petroleum-based Propylene Glycol 4.4.1.1.2. Bio-based Propylene Glycol 4.4.1.2. United States Propylene Glycol Market Size and Forecast, by Application (2023-2030) 4.4.1.2.1. Unsaturated Polyester Resin 4.4.1.2.2. Food, Pharmaceuticals & Cosmetics 4.4.1.2.3. Antifreeze & Functional Fluid 4.4.1.2.4. Liquid Detergents 4.4.1.2.5. Plasticizers 4.4.1.2.6. Others 4.4.1.3. United States Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 4.4.1.3.1. Transportation 4.4.1.3.2. Building & Construction 4.4.1.3.3. Pharmaceuticals & Cosmetics 4.4.1.3.4. Food & Beverage 4.4.1.3.5. Others 4.4.2. Canada 4.4.2.1. Canada Propylene Glycol Market Size and Forecast, by Source (2023-2030) 4.4.2.1.1. Petroleum-based Propylene Glycol 4.4.2.1.2. Bio-based Propylene Glycol 4.4.2.2. Canada Propylene Glycol Market Size and Forecast, by Application (2023-2030) 4.4.2.2.1. Unsaturated Polyester Resin 4.4.2.2.2. Food, Pharmaceuticals & Cosmetics 4.4.2.2.3. Antifreeze & Functional Fluid 4.4.2.2.4. Liquid Detergents 4.4.2.2.5. Plasticizers 4.4.2.2.6. Others 4.4.2.3. Canada Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 4.4.2.3.1. Transportation 4.4.2.3.2. Building & Construction 4.4.2.3.3. Pharmaceuticals & Cosmetics 4.4.2.3.4. Food & Beverage 4.4.2.3.5. Others 4.4.3. Mexico 4.4.3.1. Mexico Propylene Glycol Market Size and Forecast, by Source (2023-2030) 4.4.3.1.1. Petroleum-based Propylene Glycol 4.4.3.1.2. Bio-based Propylene Glycol 4.4.3.2. Mexico Propylene Glycol Market Size and Forecast, by Application (2023-2030) 4.4.3.2.1. Unsaturated Polyester Resin 4.4.3.2.2. Food, Pharmaceuticals & Cosmetics 4.4.3.2.3. Antifreeze & Functional Fluid 4.4.3.2.4. Liquid Detergents 4.4.3.2.5. Plasticizers 4.4.3.2.6. Others 4.4.3.3. Mexico Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 4.4.3.3.1. Transportation 4.4.3.3.2. Building & Construction 4.4.3.3.3. Pharmaceuticals & Cosmetics 4.4.3.3.4. Food & Beverage 4.4.3.3.5. Others 5. Europe Propylene Glycol Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.2. Europe Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.3. Europe Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 5.4. Europe Propylene Glycol Market Size and Forecast, by Country (2023-2030) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.1.2. United Kingdom Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.1.3. United Kingdom Propylene Glycol Market Size and Forecast, by End User Industry(2023-2030) 5.4.2. France 5.4.2.1. France Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.2.2. France Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.2.3. France Propylene Glycol Market Size and Forecast, by End User Industry(2023-2030) 5.4.3. Germany 5.4.3.1. Germany Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.3.2. Germany Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.3.3. Germany Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 5.4.4. Italy 5.4.4.1. Italy Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.4.2. Italy Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.4.3. Italy Propylene Glycol Market Size and Forecast, by End User Industry(2023-2030) 5.4.5. Spain 5.4.5.1. Spain Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.5.2. Spain Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.5.3. Spain Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 5.4.6. Sweden 5.4.6.1. Sweden Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.6.2. Sweden Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.6.3. Sweden Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 5.4.7. Austria 5.4.7.1. Austria Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.7.2. Austria Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.7.3. Austria Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Propylene Glycol Market Size and Forecast, by Source (2023-2030) 5.4.8.2. Rest of Europe Propylene Glycol Market Size and Forecast, by Application (2023-2030) 5.4.8.3. Rest of Europe Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6. Asia Pacific Propylene Glycol Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.2. Asia Pacific Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4. Asia Pacific Propylene Glycol Market Size and Forecast, by Country (2023-2030) 6.4.1. China 6.4.1.1. China Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.1.2. China Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.1.3. China Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.2. S Korea 6.4.2.1. S Korea Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.2.2. S Korea Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.2.3. S Korea Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.3. Japan 6.4.3.1. Japan Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.3.2. Japan Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.3.3. Japan Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.4. India 6.4.4.1. India Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.4.2. India Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.4.3. India Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.5. Australia 6.4.5.1. Australia Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.5.2. Australia Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.5.3. Australia Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.6. Indonesia 6.4.6.1. Indonesia Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.6.2. Indonesia Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.6.3. Indonesia Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.7. Malaysia 6.4.7.1. Malaysia Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.7.2. Malaysia Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.7.3. Malaysia Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.8. Vietnam 6.4.8.1. Vietnam Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.8.2. Vietnam Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.8.3. Vietnam Propylene Glycol Market Size and Forecast, by End User Industry(2023-2030) 6.4.9. Taiwan 6.4.9.1. Taiwan Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.9.2. Taiwan Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.9.3. Taiwan Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Propylene Glycol Market Size and Forecast, by Source (2023-2030) 6.4.10.2. Rest of Asia Pacific Propylene Glycol Market Size and Forecast, by Application (2023-2030) 6.4.10.3. Rest of Asia Pacific Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 7. Middle East and Africa Propylene Glycol Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Propylene Glycol Market Size and Forecast, by Source (2023-2030) 7.2. Middle East and Africa Propylene Glycol Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 7.4. Middle East and Africa Propylene Glycol Market Size and Forecast, by Country (2023-2030) 7.4.1. South Africa 7.4.1.1. South Africa Propylene Glycol Market Size and Forecast, by Source (2023-2030) 7.4.1.2. South Africa Propylene Glycol Market Size and Forecast, by Application (2023-2030) 7.4.1.3. South Africa Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 7.4.2. GCC 7.4.2.1. GCC Propylene Glycol Market Size and Forecast, by Source (2023-2030) 7.4.2.2. GCC Propylene Glycol Market Size and Forecast, by Application (2023-2030) 7.4.2.3. GCC Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 7.4.3. Nigeria 7.4.3.1. Nigeria Propylene Glycol Market Size and Forecast, by Source (2023-2030) 7.4.3.2. Nigeria Propylene Glycol Market Size and Forecast, by Application (2023-2030) 7.4.3.3. Nigeria Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Propylene Glycol Market Size and Forecast, by Source (2023-2030) 7.4.4.2. Rest of ME&A Propylene Glycol Market Size and Forecast, by Application (2023-2030) 7.4.4.3. Rest of ME&A Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 8. South America Propylene Glycol Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Propylene Glycol Market Size and Forecast, by Source (2023-2030) 8.2. South America Propylene Glycol Market Size and Forecast, by Application (2023-2030) 8.3. South America Propylene Glycol Market Size and Forecast, by End User Industry(2023-2030) 8.4. South America Propylene Glycol Market Size and Forecast, by Country (2023-2030) 8.4.1. Brazil 8.4.1.1. Brazil Propylene Glycol Market Size and Forecast, by Source (2023-2030) 8.4.1.2. Brazil Propylene Glycol Market Size and Forecast, by Application (2023-2030) 8.4.1.3. Brazil Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 8.4.2. Argentina 8.4.2.1. Argentina Propylene Glycol Market Size and Forecast, by Source (2023-2030) 8.4.2.2. Argentina Propylene Glycol Market Size and Forecast, by Application (2023-2030) 8.4.2.3. Argentina Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Propylene Glycol Market Size and Forecast, by Source (2023-2030) 8.4.3.2. Rest Of South America Propylene Glycol Market Size and Forecast, by Application (2023-2030) 8.4.3.3. Rest Of South America Propylene Glycol Market Size and Forecast, by End User Industry (2023-2030) 9. Global Propylene Glycol Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Propylene Glycol Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Archer Daniels Midland Company 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. BASF SE 10.3. The DOW Chemical Company 10.4. Global Bio-Chem Technology Group Co., Ltd. 10.5. LyondellBasell Industries N.V. 10.6. Huntsman Corporation 10.7. SKC Co., Ltd. 10.8. Royal Dutch Shell PLC. 10.9. Remix International S.R.L. 10.10. Dupont Tate & Lyle Bio Products Company, LLC 10.11. Ineos Oxide 10.12. Asahi Glass Co., Ltd. 10.13. Adeka Corporation 10.14. Manali Petrochemicals Limited 10.15. Qingdao Shida Chemical Co., Ltd. 10.16. Tongling Jintai Chemical Industrial Co., Ltd. 10.17. Dongying Hi-tech Spring Chemical Industrial Co., Ltd. 10.18. Shandong Depu Chemical Industry Science and Technology Co., Ltd 10.19. Chaoyang Chemicals, Inc. 10.20. Oleon Nv 10.21. Golden Dyechem 10.22. Haike Chemical Group 10.23. Helm AG 10.24. Oxide Belgium B.V. 10.25. Arrow Chemical Group Corp. 10.26. Trinternational, Inc. 11. Key Findings 12. Industry Recommendations 13. Propylene Glycol Market: Research Methodology 14. Terms and Glossary