1,2-Propandiol Market on the Rise: Expanding Applications in Cosmetics and Food Drive Increased Demand

LOS ANGELES, United States: The global 1,2-Propandiol market is expected to grow at a significant pace, reports QY Research. Its latest research report, titled "Global 1,2-Propandiol Market Research Report 2024". offers a unique point of view about the global market. Analysts believe that the changing consumption patterns are expected to have a great influence on the overall market. For a brief overview of the global 1,2-Propandiol market, the research report provides an executive summary. It explains the various factors that form an important element of the market. It includes the definition and the scope of the market with a detailed explanation of the market drivers, opportunities, restraints, and threats.

The global 1,2-Propandiol market was valued at US$ 6212 million in 2023 and is anticipated to reach US$ 7040 million by 2030, witnessing a CAGR of 1.9% during the forecast period 2024-2030.

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Key Players Mentioned in the Global 1,2-Propandiol Market Research Report: Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, Shandong Shida Shenghua Chemical Co., Ltd., CNOOC Shell Petrochemical, Haike Xinyuan, Daze Chemical, Depp Technology, Ningbo Zhetie Dafeng Chemical Co., Ltd.

The global production of 1, 2-Propandiol is dominated by key players such as Dow, LyondellBasell, INEOS, BASF, and ADM, with the top five manufacturers controlling over 60% of the global market share. The European Union is the largest regional market, accounting for more than 25% of global consumption, driven by its demand in surface coatings and reinforced resins. The United States and China also play significant roles in the market, with both regions together accounting for over 35% of the total global demand. Industrial-grade 1, 2-Propandiol is the most widely produced and consumed type, making up about 75% of total production due to its broad use in various industrial processes, especially in UPR manufacturing.

In terms of future trends, 1, 2-Propandiol is expected to see continued growth in the unsaturated polyester resin (UPR) market, as demand increases in industries like construction, automotive, and surface coatings. Additionally, the cosmetics, pharmaceutical, and food industries are forecasted to expand their use of 1, 2-Propandiol, particularly as a humectant, as the trend toward sustainable and eco-friendly products gains momentum. With stricter environmental regulations globally, manufacturers are likely to invest in more sustainable production processes for 1, 2-Propandiol, further enhancing its market position. Its versatility and wide range of applications ensure continued demand across both mature and emerging markets.

Market Segmentation

Global 1,2-Propandiol Market, Segment by Type

Hydration

Transesterification

Biosynthesis

Global 1,2-Propandiol Market, Segment by Application

Unsaturated Polyester Resins (UPR)

Functional Fluids

Cosmetics, Pharmaceutics and Food

Liquid Detergents

Others

Key regions including but not limited to North America, Asia Pacific, Europe, and the MEA are exhaustively analyzed based on market size, CAGR, market potential, economic and political factors, regulatory scenarios, and other significant parameters. The regional analysis provided in the report will help market participants to identify lucrative and untapped business opportunities in different regions and countries. It includes a special study on production and production rate, import and export, and consumption in each regional 1,2-Propandiol market considered for research. The report also offers detailed analysis of country-level 1,2-Propandiol markets.

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Table of Content

1 1,2-Propandiol Market Overview
1.1 Product Definition
1.2 1,2-Propandiol by Type
1.2.1 Global 1,2-Propandiol Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Hydration
1.2.3 Transesterification
1.2.4 Biosynthesis
1.3 1,2-Propandiol by Application
1.3.1 Global 1,2-Propandiol Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Unsaturated Polyester Resins (UPR)
1.3.3 Functional Fluids
1.3.4 Cosmetics, Pharmaceutics and Food
1.3.5 Liquid Detergents
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global 1,2-Propandiol Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global 1,2-Propandiol Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global 1,2-Propandiol Production Estimates and Forecasts (2019-2030)
1.4.4 Global 1,2-Propandiol Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
2.1 Global 1,2-Propandiol Production Market Share by Manufacturers (2019-2024)
2.2 Global 1,2-Propandiol Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of 1,2-Propandiol, Industry Ranking, 2022 VS 2023
2.4 Global 1,2-Propandiol Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global 1,2-Propandiol Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of 1,2-Propandiol, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of 1,2-Propandiol, Product Offered and Application
2.8 Global Key Manufacturers of 1,2-Propandiol, Date of Enter into This Industry
2.9 1,2-Propandiol Market Competitive Situation and Trends
2.9.1 1,2-Propandiol Market Concentration Rate
2.9.2 Global 5 and 10 Largest 1,2-Propandiol Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion

3 1,2-Propandiol Production by Region
3.1 Global 1,2-Propandiol Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global 1,2-Propandiol Production Value by Region (2019-2030)
3.2.1 Global 1,2-Propandiol Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of 1,2-Propandiol by Region (2025-2030)
3.3 Global 1,2-Propandiol Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global 1,2-Propandiol Production by Region (2019-2030)
3.4.1 Global 1,2-Propandiol Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of 1,2-Propandiol by Region (2025-2030)
3.5 Global 1,2-Propandiol Market Price Analysis by Region (2019-2024)
3.6 Global 1,2-Propandiol Production and Value, Year-over-Year Growth
3.6.1 North America 1,2-Propandiol Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe 1,2-Propandiol Production Value Estimates and Forecasts (2019-2030)
3.6.3 China 1,2-Propandiol Production Value Estimates and Forecasts (2019-2030)
3.6.4 South Korea 1,2-Propandiol Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia 1,2-Propandiol Production Value Estimates and Forecasts (2019-2030)

4 1,2-Propandiol Consumption by Region
4.1 Global 1,2-Propandiol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global 1,2-Propandiol Consumption by Region (2019-2030)
4.2.1 Global 1,2-Propandiol Consumption by Region (2019-2030)
4.2.2 Global 1,2-Propandiol Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America 1,2-Propandiol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America 1,2-Propandiol Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe 1,2-Propandiol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 1,2-Propandiol Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific 1,2-Propandiol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 1,2-Propandiol Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa 1,2-Propandiol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa 1,2-Propandiol Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries

5 Segment by Type
5.1 Global 1,2-Propandiol Production by Type (2019-2030)
5.1.1 Global 1,2-Propandiol Production by Type (2019-2024)
5.1.2 Global 1,2-Propandiol Production by Type (2025-2030)
5.1.3 Global 1,2-Propandiol Production Market Share by Type (2019-2030)
5.2 Global 1,2-Propandiol Production Value by Type (2019-2030)
5.2.1 Global 1,2-Propandiol Production Value by Type (2019-2024)
5.2.2 Global 1,2-Propandiol Production Value by Type (2025-2030)
5.2.3 Global 1,2-Propandiol Production Value Market Share by Type (2019-2030)
5.3 Global 1,2-Propandiol Price by Type (2019-2030)

6 Segment by Application
6.1 Global 1,2-Propandiol Production by Application (2019-2030)
6.1.1 Global 1,2-Propandiol Production by Application (2019-2024)
6.1.2 Global 1,2-Propandiol Production by Application (2025-2030)
6.1.3 Global 1,2-Propandiol Production Market Share by Application (2019-2030)
6.2 Global 1,2-Propandiol Production Value by Application (2019-2030)
6.2.1 Global 1,2-Propandiol Production Value by Application (2019-2024)
6.2.2 Global 1,2-Propandiol Production Value by Application (2025-2030)
6.2.3 Global 1,2-Propandiol Production Value Market Share by Application (2019-2030)
6.3 Global 1,2-Propandiol Price by Application (2019-2030)

7 Key Companies Profiled
7.1 Dow
7.1.1 Dow 1,2-Propandiol Company Information
7.1.2 Dow 1,2-Propandiol Product Portfolio
7.1.3 Dow 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Dow Main Business and Markets Served
7.1.5 Dow Recent Developments/Updates
7.2 Lyondell Basell
7.2.1 Lyondell Basell 1,2-Propandiol Company Information
7.2.2 Lyondell Basell 1,2-Propandiol Product Portfolio
7.2.3 Lyondell Basell 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Lyondell Basell Main Business and Markets Served
7.2.5 Lyondell Basell Recent Developments/Updates
7.3 Indorama (Huntsman)
7.3.1 Indorama (Huntsman) 1,2-Propandiol Company Information
7.3.2 Indorama (Huntsman) 1,2-Propandiol Product Portfolio
7.3.3 Indorama (Huntsman) 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Indorama (Huntsman) Main Business and Markets Served
7.3.5 Indorama (Huntsman) Recent Developments/Updates
7.4 ADM
7.4.1 ADM 1,2-Propandiol Company Information
7.4.2 ADM 1,2-Propandiol Product Portfolio
7.4.3 ADM 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ADM Main Business and Markets Served
7.4.5 ADM Recent Developments/Updates
7.5 INEOS
7.5.1 INEOS 1,2-Propandiol Company Information
7.5.2 INEOS 1,2-Propandiol Product Portfolio
7.5.3 INEOS 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.5.4 INEOS Main Business and Markets Served
7.5.5 INEOS Recent Developments/Updates
7.6 BASF
7.6.1 BASF 1,2-Propandiol Company Information
7.6.2 BASF 1,2-Propandiol Product Portfolio
7.6.3 BASF 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BASF Main Business and Markets Served
7.6.5 BASF Recent Developments/Updates
7.7 Repsol
7.7.1 Repsol 1,2-Propandiol Company Information
7.7.2 Repsol 1,2-Propandiol Product Portfolio
7.7.3 Repsol 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Repsol Main Business and Markets Served
7.7.5 Repsol Recent Developments/Updates
7.8 SKC
7.8.1 SKC 1,2-Propandiol Company Information
7.8.2 SKC 1,2-Propandiol Product Portfolio
7.8.3 SKC 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.8.4 SKC Main Business and Markets Served
7.8.5 SKC Recent Developments/Updates
7.9 Shell
7.9.1 Shell 1,2-Propandiol Company Information
7.9.2 Shell 1,2-Propandiol Product Portfolio
7.9.3 Shell 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shell Main Business and Markets Served
7.9.5 Shell Recent Developments/Updates
7.10 Anhui Tongling Jintai
7.10.1 Anhui Tongling Jintai 1,2-Propandiol Company Information
7.10.2 Anhui Tongling Jintai 1,2-Propandiol Product Portfolio
7.10.3 Anhui Tongling Jintai 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Anhui Tongling Jintai Main Business and Markets Served
7.10.5 Anhui Tongling Jintai Recent Developments/Updates
7.11 Shandong Shida Shenghua Chemical Co., Ltd.
7.11.1 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propandiol Company Information
7.11.2 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propandiol Product Portfolio
7.11.3 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shandong Shida Shenghua Chemical Co., Ltd. Main Business and Markets Served
7.11.5 Shandong Shida Shenghua Chemical Co., Ltd. Recent Developments/Updates
7.12 CNOOC Shell Petrochemical
7.12.1 CNOOC Shell Petrochemical 1,2-Propandiol Company Information
7.12.2 CNOOC Shell Petrochemical 1,2-Propandiol Product Portfolio
7.12.3 CNOOC Shell Petrochemical 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CNOOC Shell Petrochemical Main Business and Markets Served
7.12.5 CNOOC Shell Petrochemical Recent Developments/Updates
7.13 Haike Xinyuan
7.13.1 Haike Xinyuan 1,2-Propandiol Company Information
7.13.2 Haike Xinyuan 1,2-Propandiol Product Portfolio
7.13.3 Haike Xinyuan 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Haike Xinyuan Main Business and Markets Served
7.13.5 Haike Xinyuan Recent Developments/Updates
7.14 Daze Chemical
7.14.1 Daze Chemical 1,2-Propandiol Company Information
7.14.2 Daze Chemical 1,2-Propandiol Product Portfolio
7.14.3 Daze Chemical 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Daze Chemical Main Business and Markets Served
7.14.5 Daze Chemical Recent Developments/Updates
7.15 Depp Technology
7.15.1 Depp Technology 1,2-Propandiol Company Information
7.15.2 Depp Technology 1,2-Propandiol Product Portfolio
7.15.3 Depp Technology 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Depp Technology Main Business and Markets Served
7.15.5 Depp Technology Recent Developments/Updates
7.16 Ningbo Zhetie Dafeng Chemical Co., Ltd.
7.16.1 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propandiol Company Information
7.16.2 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propandiol Product Portfolio
7.16.3 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propandiol Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Ningbo Zhetie Dafeng Chemical Co., Ltd. Main Business and Markets Served
7.16.5 Ningbo Zhetie Dafeng Chemical Co., Ltd. Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
8.1 1,2-Propandiol Industry Chain Analysis
8.2 1,2-Propandiol Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 1,2-Propandiol Production Mode & Process
8.4 1,2-Propandiol Sales and Marketing
8.4.1 1,2-Propandiol Sales Channels
8.4.2 1,2-Propandiol Distributors
8.5 1,2-Propandiol Customers

9 1,2-Propandiol Market Dynamics
9.1 1,2-Propandiol Industry Trends
9.2 1,2-Propandiol Market Drivers
9.3 1,2-Propandiol Market Challenges
9.4 1,2-Propandiol Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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