This report studies the global 1,2-Propanediol market status and forecast, categorizes the global 1,2-Propanediol market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
1, 2-Propanediol, commonly named propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with the consistency of syrup with formula C3H8O2.
The primary outlet for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are used in surface coatings and glass fiber-reinforced resins. The second-largest consumer is functional fluids such as deicing and antifreeze. 1, 2-Propanediol is also used in plasticizers and hydraulic brake fluids. Other uses are in non-ionic detergents and as a humectant in the pharmaceutical, cosmetics, animal foodstuffs and -tobacco industries. It is also an excellent solvent and extractant.
1, 2-Propanediol which usually called as propylene glycol (PG) is a kind of bulk petrochemical that has been found widely used to produce unsaturated polyester resins (UPR), functional fluids, cosmetics, pharmaceutics and food, liquid detergents, etc. Unsaturated polyester resins are the largest market of 1, 2-Propanediol, with a global consumption market share of 35.73%. The market share is higher in developing areas like China. The demand of functional fluids is stable, with its major market founded in Europe and North America.
The market of 1, 2-Propanediol is quite concentrated, with the top four companies take 53.93% of global market in 2015. Leading players in this industry are Dow, Lyondell Basell, Huntsman, INEOS, BASF, ADM, Sumitomo Chemical (Nihon Oxirane), SKC, etc, among which. Dow dominate the market in North America and Europe with a market share of 31.44% and five global manufacturing facilities include Stade plant, one of the world’s largest capacity plants.
The global market of 1, 2-Propanediol has been faced with overcapacity for quite a few years, which is especially severe in China. The average capacity utilization rate in China can hardly reach 60% for the years. However, in the further, the market of 1, 2-Propanediol would be expected to be promising due to adjustment of industrial structure and surging demand in food and pharmaceutical areas.
The global 1,2-Propanediol market is valued at 3910 million US$ in 2017 and will reach 5220 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.
The major manufacturers covered in this report
Sumitomo Chemical (Nihon Oxirane)
Tongling Jintai Chemical
Shandong Shida Shenghua Chemical
CNOOC and Shell Petrochemicals
Hi-tech Spring Chemical
Shandong Depu Chemical
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To analyze and study the global 1,2-Propanediol capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key 1,2-Propanediol manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of Contents
1 1,2-Propanediol Market Overview
2 Global 1,2-Propanediol Market Competition by Manufacturers
3 Global 1,2-Propanediol Capacity, Production, Revenue (Value) by Region (2013-2018)
4 Global 1,2-Propanediol Supply (Production), Consumption, Export, Import by Region (2013-2018)
5 Global 1,2-Propanediol Production, Revenue (Value), Price Trend by Type
6 Global 1,2-Propanediol Market Analysis by Application
7 Global 1,2-Propanediol Manufacturers Profiles/Analysis
8 1,2-Propanediol Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global 1,2-Propanediol Market Forecast (2018-2025)
13 Research Findings and Conclusion
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