Propylene Glycol Market to Surpass US$ 6,276.56 Million by 2032, with a Compound Annual Growth Rate of 4.3% Over the Period 2024-2032

Polaris Market Research's latest report, titled "Propylene Glycol Market," 2024-2032. The report covers key success factors, market performance, risk factors, project costs and economics, expected ROI, and profit margins. The global market was valued at USD 4,294.68 million in 2023 and is expected to grow to USD 6,276.56 million by 2032 at a CAGR of 4.3% during the forecast period.

𝗔𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗡𝗼𝘄: https://www.polarismarketresearch.com/industry-analysis/propylene-glycol-market/request-for-sample

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹?
Propylene glycol is a harmless liquid additive that soaks up water. As a calmative, palliative, and protective propylene glycol retains moisture while circumventing mold in specific medicines, cosmetics, and foods. As a solvent, it assists in enhancing the finish and viscosity of foods, drugs, paints, and more. It is usually unperfumed, bland, and colorless, and its appearance is, to a certain degree, oily or syrupy. It is normally contemplated as a secure chemical as per the CDC, albeit repeated subjection to it has been connected to skin irritation.

𝗠𝗮𝗷𝗼𝗿 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝗻𝘁𝘀:
𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗮𝗷𝗼𝗿 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗽𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗴𝗹𝘆𝗰𝗼𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:
• BASF SE
• Global Bio-Chem Technology Group Co. LTD.
• DowDuPont
• Temix Oleo S.R.L.
• Asahi Glass Co., LTD.
• Sinopec
• INEOS Oxide Ltd.
• Arrow Chemical Group
• Chaoyang Chemicals
• Inc.
• SKC Co.
• Tongling Jintai Chemical Industrial Co.
• Royal Dutch Shell PLC.
• Helm AG, LyondellBasell Industries N.V.
• Adeka Corporation
• Huntsman Corporation
• Archer Daniels Midland Company

𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗼𝘂𝗿 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 𝗡𝗼𝘄: https://www.polarismarketresearch.com/buy/619/2

𝗚𝗿𝗼𝘄𝘁𝗵 𝗣𝗿𝗼𝘀𝗽𝗲𝗰𝘁𝘀 𝗮𝗻𝗱 𝗧𝗿𝗲𝗻𝗱𝘀
Propylene glycol is utilized as an antioxidant to expand the longevity of packaged food commodities. It can break down food supplements and nutrients and nourish baking dough by amending starches and gluten for improved steadiness. The demand for propylene glycol has escalated as a surfactant, moisture conserver, and filtering help to enhance the usage or interest of food commodities.

Propylene glycol can also carry moisture, escalate boiling point, decrease freezing point, and secure alternate materials. The increase in disposable income of consumers, growing demand for self-grooming and cosmetics, and escalating urbanization are anticipated to push the demand for propylene glycol during the forecast period.

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: This region dominated the global market due to the growing usage of propylene glycol in industries such as food and beverage, pharmaceuticals, and transportation, which has propelled market growth in the region. Growing urbanization, industrial market development in nations such as India, China, and Japan, growing automotive perforation, and increasing construction and advancement ventures push growth in the region.

𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗛𝗲𝗿𝗲: https://www.polarismarketresearch.com/industry-analysis/propylene-glycol-market

𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀:
• 𝗘𝗺𝗲𝗿𝗴𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁𝘀: Rapid industrialization and urbanization in emerging economies present lucrative opportunities for market expansion.
• 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀: Advances in manufacturing technologies, such as catalytic processes and green chemistry, hold promise for enhancing the efficiency and sustainability of propylene glycol production.
• 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝗮𝗻𝗱 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻𝘀: Collaboration among industry stakeholders, including manufacturers, suppliers, and end-users, can foster innovation, market expansion, and supply chain optimization.

𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
𝗣𝗼𝗹𝗮𝗿𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗵𝗮𝘀 𝘀𝗲𝗴𝗺𝗲𝗻𝘁𝗲𝗱 𝘁𝗵𝗲 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝗴𝗿𝗮𝗱𝗲, 𝘀𝗼𝘂𝗿𝗰𝗲, 𝗲𝗻𝗱-𝘂𝘀𝗲, 𝗮𝗻𝗱 𝗿𝗲𝗴𝗶𝗼𝗻:

Propylene Glycol, Grade Outlook (Revenue - USD Million, 2019 - 2032)
• Pharmaceutical
• Industrial

Propylene Glycol, Source Outlook (Revenue - USD Million, 2019 - 2032)
• Bio-Based
• Petroleum-Based

𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗢𝘂𝗿 𝗧𝗼𝗽 𝗥𝗲𝗽𝗼𝗿𝘁𝘀:

𝗧𝗿𝗮𝗳𝗳𝗶𝗰 𝗥𝗼𝗮𝗱 𝗠𝗮𝗿𝗸𝗶𝗻𝗴 𝗖𝗼𝗮𝘁𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/traffic-road-marking-coating-market
𝗣𝗵𝗼𝘁𝗼𝘃𝗼𝗹𝘁𝗮𝗶𝗰 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/photovoltaic-materials-market
𝗣𝗼𝗹𝘆𝗺𝗲𝗿 𝗚𝗲𝗹 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/polymer-gel-market
𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝘃𝗲 𝗧𝗲𝘅𝘁𝗶𝗹𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/protective-textile-market
𝗦𝘁𝗿𝗮𝗽𝗽𝗶𝗻𝗴 𝗠𝗮𝗰𝗵𝗶𝗻𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/strapping-machine-market

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗜𝗻𝗳𝗼:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

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This release was published on openPR.