1,2-Propanediol Market Set for Growth Amid Rising Demand in Pharmaceuticals, Cosmetics, and Food Industries

LOS ANGELES, United States: The global 1,2-Propanediol market is expected to grow at a significant pace, reports QY Research. Its latest research report, titled "Global 1,2-Propanediol 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-Propanediol 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-Propanediol 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-Propanediol 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.

Globally, the 1, 2-propanediol market is dominated by key players such as Dow, LyondellBasell, INEOS, BASF, and ADM. Together, these top five manufacturers hold more than 60% of the global market share. The European Union is the largest regional market for 1, 2-propanediol, accounting for over 25% of total global consumption, driven by demand in industries such as construction and coatings. The United States and China also have significant shares, together contributing over 35% of the total market. Industrial-grade 1, 2-propanediol is the most widely produced and consumed grade, representing approximately 75% of total production, due to its widespread use in industrial applications such as UPR production.

Market Segmentation

Global 1,2-Propanediol Market, Segment by Type:

Hydration

Transesterification

Biosynthesis

Global 1,2-Propanediol Market, Segment by Application:

Unsaturated Polyester Resins (UPR)

Functional Fluids

Cosmetics, Pharmaceutics and Food

Liquid Detergents

Others

Looking at future trends, the largest demand for 1, 2-propanediol will continue to come from the unsaturated polyester resin (UPR) market, especially as industries such as construction, automotive, and coatings grow. Additionally, rising demand for environmentally friendly and sustainable products is expected to drive innovation in 1, 2-propanediol applications, particularly in cosmetics, pharmaceuticals, and food industries, where it is used as a humectant. Moreover, as stricter environmental regulations are implemented worldwide, manufacturers are likely to invest in more sustainable production processes for 1, 2-propanediol, further boosting market expansion. The versatility of this chemical, coupled with ongoing innovation, positions it for continued growth across both developed and emerging markets.

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Table of Content

1 1,2-Propanediol Market Overview
1.1 Product Definition
1.2 1,2-Propanediol by Type
1.2.1 Global 1,2-Propanediol 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-Propanediol by Application
1.3.1 Global 1,2-Propanediol 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-Propanediol Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global 1,2-Propanediol Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global 1,2-Propanediol Production Estimates and Forecasts (2019-2030)
1.4.4 Global 1,2-Propanediol Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations

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

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

4 1,2-Propanediol Consumption by Region
4.1 Global 1,2-Propanediol Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global 1,2-Propanediol Consumption by Region (2019-2030)
4.2.1 Global 1,2-Propanediol Consumption by Region (2019-2030)
4.2.2 Global 1,2-Propanediol Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America 1,2-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America 1,2-Propanediol Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe 1,2-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 1,2-Propanediol 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-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 1,2-Propanediol 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-Propanediol Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa 1,2-Propanediol 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-Propanediol Production by Type (2019-2030)
5.1.1 Global 1,2-Propanediol Production by Type (2019-2024)
5.1.2 Global 1,2-Propanediol Production by Type (2025-2030)
5.1.3 Global 1,2-Propanediol Production Market Share by Type (2019-2030)
5.2 Global 1,2-Propanediol Production Value by Type (2019-2030)
5.2.1 Global 1,2-Propanediol Production Value by Type (2019-2024)
5.2.2 Global 1,2-Propanediol Production Value by Type (2025-2030)
5.2.3 Global 1,2-Propanediol Production Value Market Share by Type (2019-2030)
5.3 Global 1,2-Propanediol Price by Type (2019-2030)

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

7 Key Companies Profiled
7.1 Dow
7.1.1 Dow 1,2-Propanediol Company Information
7.1.2 Dow 1,2-Propanediol Product Portfolio
7.1.3 Dow 1,2-Propanediol 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-Propanediol Company Information
7.2.2 Lyondell Basell 1,2-Propanediol Product Portfolio
7.2.3 Lyondell Basell 1,2-Propanediol 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-Propanediol Company Information
7.3.2 Indorama (Huntsman) 1,2-Propanediol Product Portfolio
7.3.3 Indorama (Huntsman) 1,2-Propanediol 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-Propanediol Company Information
7.4.2 ADM 1,2-Propanediol Product Portfolio
7.4.3 ADM 1,2-Propanediol 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-Propanediol Company Information
7.5.2 INEOS 1,2-Propanediol Product Portfolio
7.5.3 INEOS 1,2-Propanediol 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-Propanediol Company Information
7.6.2 BASF 1,2-Propanediol Product Portfolio
7.6.3 BASF 1,2-Propanediol 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-Propanediol Company Information
7.7.2 Repsol 1,2-Propanediol Product Portfolio
7.7.3 Repsol 1,2-Propanediol 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-Propanediol Company Information
7.8.2 SKC 1,2-Propanediol Product Portfolio
7.8.3 SKC 1,2-Propanediol 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-Propanediol Company Information
7.9.2 Shell 1,2-Propanediol Product Portfolio
7.9.3 Shell 1,2-Propanediol 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-Propanediol Company Information
7.10.2 Anhui Tongling Jintai 1,2-Propanediol Product Portfolio
7.10.3 Anhui Tongling Jintai 1,2-Propanediol 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-Propanediol Company Information
7.11.2 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propanediol Product Portfolio
7.11.3 Shandong Shida Shenghua Chemical Co., Ltd. 1,2-Propanediol 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-Propanediol Company Information
7.12.2 CNOOC Shell Petrochemical 1,2-Propanediol Product Portfolio
7.12.3 CNOOC Shell Petrochemical 1,2-Propanediol 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-Propanediol Company Information
7.13.2 Haike Xinyuan 1,2-Propanediol Product Portfolio
7.13.3 Haike Xinyuan 1,2-Propanediol 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-Propanediol Company Information
7.14.2 Daze Chemical 1,2-Propanediol Product Portfolio
7.14.3 Daze Chemical 1,2-Propanediol 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-Propanediol Company Information
7.15.2 Depp Technology 1,2-Propanediol Product Portfolio
7.15.3 Depp Technology 1,2-Propanediol 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-Propanediol Company Information
7.16.2 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propanediol Product Portfolio
7.16.3 Ningbo Zhetie Dafeng Chemical Co., Ltd. 1,2-Propanediol 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-Propanediol Industry Chain Analysis
8.2 1,2-Propanediol Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 1,2-Propanediol Production Mode & Process
8.4 1,2-Propanediol Sales and Marketing
8.4.1 1,2-Propanediol Sales Channels
8.4.2 1,2-Propanediol Distributors
8.5 1,2-Propanediol Customers

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