- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
Poly Propylene Glycols Ppg Market size was valued at USD 1,498.9 Mn in 2022 and is expected to grow at a CAGR of 7.4% from 2023 - 2029. Application as a food preservative and usage as a chemical feedstock of propylene glycol are the drivers which boost the global poly propylene glycols (Ppg). There are a few restrain that hang the growth including health safety related to this organic compound and allergic reactions can be displayed by consumers. It is expected that the use in the manufacture of veterinary drugs would propel enough opportunities towards the global poly propylene glycols (Ppg) market.
Poly Propylene Glycols Ppg Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
7.4%
Largest Market
North America
Fastest Growing Market
Asia pacific
Poly Propylene Glycols (Ppg) Market Dynamics
It is noticed that the global poly propylene glycols (Ppg) market has a significant market growth rate on the perspective of increasing pharmaceutical application. The pharmaceutical industry is responsible for the research, development, production, and distribution of medications. The market has experienced significant growth during the past two decades, and pharma revenues worldwide. In many pharmaceuticals, including oral, injectable, and topical formulations, propylene glycol is used as a solvent. Many water-insoluble prescriptions drugs use PG as a solvent and carrier; benzodiazepine tablets are one example. All this help in growth of market.
North-America Got Significant Share
Poly Propylene Glycols (Ppg) Market Regional Analysis
North America contributed major revenue followed by Europe and Asia Pacific. In 2019, North America region accounted huge growth rate and is anticipated to grow with a forecast year on perspective of growing application in the pharmaceutical and food processing industries. is expected to continue. The U.S. has demonstrated extensive propylene glycol use in the aerated beverage industry. Europe with 26.7% demand as an additive in the manufacturing of milk products and confectionaries. Asia Pacific, including India and China, the growth of the packaged food industry and the retail sector has helped to increase demand with high investment in the production of organic chemicals.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Poly Propylene Glycols Ppg Market Segmentation
By Product Type
By Application
- Lubricants
- Surface Active Agents
- Pharmaceutical
- Personal Care
- Others
By Geography
North America
- USA
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Frequently Asked Questions
The polypropylene glycols ppg market size was valued at USD 1,498.9 million in 2022
The polypropylene glycols ppg market key players are: KKPC Mitsui Chemical BASF Dow Shell Huntsman Covestro Ineos Sanyo Chemical Jiangsu Haian Petrochemical Zhejiang Huangma Zibo Yunchuan Chemical Sungda Chemical
The polypropylene glycols ppg market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
- Executive Summary
- Global Poly Propylene Glycols (Ppg) Market Introduction
- Global Poly Propylene Glycols (Ppg) Market Taxonomy
- Global Poly Propylene Glycols (Ppg) Market Definitions
- By Product Type
- By Application
- Global Poly Propylene Glycols (Ppg) Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Poly Propylene Glycols (Ppg) Market Dynamic Factors - Impact Analysis
- Global Poly Propylene Glycols (Ppg) Market Competition Landscape
- Global Poly Propylene Glycols (Ppg) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Poly Propylene Glycols (Ppg) Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Reagent Grade
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Industrial Grade
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmaceutical Grade
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Reagent Grade
- Global Poly Propylene Glycols (Ppg) Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
- Lubricants
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Surface Active Agents
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmaceutical
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Personal Care
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Lubricants
- Global Poly Propylene Glycols (Ppg) Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Poly Propylene Glycols (Ppg) Market - Opportunity Analysis Index, By Product Type, By Application, and Region, 2023 - 2029
- North America
- North America Poly Propylene Glycols (Ppg) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Lubricants
- Surface Active Agents
- Pharmaceutical
- Personal Care
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- USA
- Canada
- North America Poly Propylene Glycols (Ppg) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029
- North America Poly Propylene Glycols (Ppg) Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Poly Propylene Glycols (Ppg) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Lubricants
- Surface Active Agents
- Pharmaceutical
- Personal Care
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Poly Propylene Glycols (Ppg) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029
- Europe Poly Propylene Glycols (Ppg) Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Poly Propylene Glycols (Ppg) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Lubricants
- Surface Active Agents
- Pharmaceutical
- Personal Care
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Poly Propylene Glycols (Ppg) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029
- Asia-Pacific Poly Propylene Glycols (Ppg) Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Poly Propylene Glycols (Ppg) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Lubricants
- Surface Active Agents
- Pharmaceutical
- Personal Care
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Latin America Poly Propylene Glycols (Ppg) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029
- Latin America Poly Propylene Glycols (Ppg) Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Poly Propylene Glycols (Ppg) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Lubricants
- Surface Active Agents
- Pharmaceutical
- Personal Care
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Poly Propylene Glycols (Ppg) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029
- MEA Poly Propylene Glycols (Ppg) Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- KKPC
- Mitsui Chemical
- BASF
- Dow
- Shell
- Huntsman
- Covestro
- Ineos
- Sanyo Chemical
- Jiangsu Haian Petrochemical
- Zhejiang Huangma
- Zibo Yunchuan Chemical
- Sungda Chemical
- Research Methodology
- Key Assumptions and Acronyms
- KKPC
- Mitsui Chemical
- BASF
- Dow
- Shell
- Huntsman
- Covestro
- Ineos
- Sanyo Chemical
- Jiangsu Haian Petrochemical
- Zhejiang Huangma
- Zibo Yunchuan Chemical
- Sungda Chemical