Report Detail
Global Food and Pharmaceutical Grade Propylene Glycol Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
- RnM4521252 |
- 17 September, 2023 |
- Global |
- 109 Pages |
- GIR (Global Info Research) |
- Chemical & Material
According to our (Global Info Research) latest study, the global Food and Pharmaceutical Grade Propylene Glycol market size was valued at USD 1146.1 million in 2022 and is forecast to a readjusted size of USD 1389.1 million by 2029 with a CAGR of 2.8% during review period.
The European authorities responsible for consumer health have approved the use of propylene glycol with food:
In direct food contact regulated by EC Regulation No 1333/2008 on food additives: Propane-1,2-diol (propylene glycol USP/EP) is listed as an approved food additive in Annexes II+III under E1520. Propylene Glycol USP/EP meets the purity criteria for E1520 (propane- 1,2-diol) included Annexes II and III to in EC Regulation No 2012/231, laying down specifications for food additives in Annexes II and III to Regulation No 1333/2008.
In indirect food contact covered by EU Regulation 10/2011 and amendments) relating to plastic materials and articles intended to come into contact with food, such as packaging material.
Propylene Glycol (PG) USP/EP is a pharmaceutical grade of propylene glycols (PG or MPG) with a specified purity greater than 99.8%.
The key manufacturers of Food and Pharmaceutical Grade Propylene Glycol include Dow, Lyondell Basell, SKC, Shell, ADM, BASF, Repsol, etc. Dow is the world's largest player, with a market share of about 38%.
Europe and the United States are the world's top two markets, accounting for about 23% and 22% of the world market respectively.
Food and Pharmaceutical Grade Propylene Glycol is made by two main methods: Hydration and Transesterification.
In terms of application, it is used in food and beverage, cosmetics and personal care, pharmaceuticals, and other downstream industries.
Cosmetics and personal care industry is the most widely used, accounting for more than 50% of all downstream industries. The next is the food and beverage industry, accounting for about 33%.
The Global Info Research report includes an overview of the development of the Food and Pharmaceutical Grade Propylene Glycol industry chain, the market status of Food and Beverage (Hydration, Transesterification), Cosmetics and Personal Care (Hydration, Transesterification), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Food and Pharmaceutical Grade Propylene Glycol.
Regionally, the report analyzes the Food and Pharmaceutical Grade Propylene Glycol markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Food and Pharmaceutical Grade Propylene Glycol market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Food and Pharmaceutical Grade Propylene Glycol market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Food and Pharmaceutical Grade Propylene Glycol industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Tons), revenue generated, and market share of different by Type (e.g., Hydration, Transesterification).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Food and Pharmaceutical Grade Propylene Glycol market.
Regional Analysis: The report involves examining the Food and Pharmaceutical Grade Propylene Glycol market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Food and Pharmaceutical Grade Propylene Glycol market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Food and Pharmaceutical Grade Propylene Glycol:
Company Analysis: Report covers individual Food and Pharmaceutical Grade Propylene Glycol manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Food and Pharmaceutical Grade Propylene Glycol This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food and Beverage, Cosmetics and Personal Care).
Technology Analysis: Report covers specific technologies relevant to Food and Pharmaceutical Grade Propylene Glycol. It assesses the current state, advancements, and potential future developments in Food and Pharmaceutical Grade Propylene Glycol areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Food and Pharmaceutical Grade Propylene Glycol market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Food and Pharmaceutical Grade Propylene Glycol market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Hydration
Transesterification
Biosynthesis
Market segment by Application
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Other
Major players covered
Dow
Lyondell Basell
Indorama(Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
CNOOC and Shell Petrochemicals
Haike Xinyuan
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Food and Pharmaceutical Grade Propylene Glycol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Food and Pharmaceutical Grade Propylene Glycol, with price, sales, revenue and global market share of Food and Pharmaceutical Grade Propylene Glycol from 2018 to 2023.
Chapter 3, the Food and Pharmaceutical Grade Propylene Glycol competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Food and Pharmaceutical Grade Propylene Glycol breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Food and Pharmaceutical Grade Propylene Glycol market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Food and Pharmaceutical Grade Propylene Glycol.
Chapter 14 and 15, to describe Food and Pharmaceutical Grade Propylene Glycol sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Food and Pharmaceutical Grade Propylene Glycol
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 Hydration
- 1.3.3 Transesterification
- 1.3.4 Biosynthesis
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Food and Beverage
- 1.4.3 Cosmetics and Personal Care
- 1.4.4 Pharmaceuticals
- 1.4.5 Other
- 1.5 Global Food and Pharmaceutical Grade Propylene Glycol Market Size & Forecast
- 1.5.1 Global Food and Pharmaceutical Grade Propylene Glycol Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global Food and Pharmaceutical Grade Propylene Glycol Sales Quantity (2018-2029)
- 1.5.3 Global Food and Pharmaceutical Grade Propylene Glycol Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 Dow
- 2.1.1 Dow Details
- 2.1.2 Dow Major Business
- 2.1.3 Dow Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.1.4 Dow Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 Dow Recent Developments/Updates
- 2.2 Lyondell Basell
- 2.2.1 Lyondell Basell Details
- 2.2.2 Lyondell Basell Major Business
- 2.2.3 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.2.4 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 Lyondell Basell Recent Developments/Updates
- 2.3 Indorama(Huntsman)
- 2.3.1 Indorama(Huntsman) Details
- 2.3.2 Indorama(Huntsman) Major Business
- 2.3.3 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.3.4 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Indorama(Huntsman) Recent Developments/Updates
- 2.4 ADM
- 2.4.1 ADM Details
- 2.4.2 ADM Major Business
- 2.4.3 ADM Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.4.4 ADM Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 ADM Recent Developments/Updates
- 2.5 INEOS
- 2.5.1 INEOS Details
- 2.5.2 INEOS Major Business
- 2.5.3 INEOS Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.5.4 INEOS Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 INEOS Recent Developments/Updates
- 2.6 BASF
- 2.6.1 BASF Details
- 2.6.2 BASF Major Business
- 2.6.3 BASF Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.6.4 BASF Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 BASF Recent Developments/Updates
- 2.7 Repsol
- 2.7.1 Repsol Details
- 2.7.2 Repsol Major Business
- 2.7.3 Repsol Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.7.4 Repsol Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 Repsol Recent Developments/Updates
- 2.8 SKC
- 2.8.1 SKC Details
- 2.8.2 SKC Major Business
- 2.8.3 SKC Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.8.4 SKC Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 SKC Recent Developments/Updates
- 2.9 Shell
- 2.9.1 Shell Details
- 2.9.2 Shell Major Business
- 2.9.3 Shell Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.9.4 Shell Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 Shell Recent Developments/Updates
- 2.10 CNOOC and Shell Petrochemicals
- 2.10.1 CNOOC and Shell Petrochemicals Details
- 2.10.2 CNOOC and Shell Petrochemicals Major Business
- 2.10.3 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.10.4 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 CNOOC and Shell Petrochemicals Recent Developments/Updates
- 2.11 Haike Xinyuan
- 2.11.1 Haike Xinyuan Details
- 2.11.2 Haike Xinyuan Major Business
- 2.11.3 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Product and Services
- 2.11.4 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.11.5 Haike Xinyuan Recent Developments/Updates
3 Competitive Environment: Food and Pharmaceutical Grade Propylene Glycol by Manufacturer
- 3.1 Global Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global Food and Pharmaceutical Grade Propylene Glycol Revenue by Manufacturer (2018-2023)
- 3.3 Global Food and Pharmaceutical Grade Propylene Glycol Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of Food and Pharmaceutical Grade Propylene Glycol by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 Food and Pharmaceutical Grade Propylene Glycol Manufacturer Market Share in 2022
- 3.4.2 Top 6 Food and Pharmaceutical Grade Propylene Glycol Manufacturer Market Share in 2022
- 3.5 Food and Pharmaceutical Grade Propylene Glycol Market: Overall Company Footprint Analysis
- 3.5.1 Food and Pharmaceutical Grade Propylene Glycol Market: Region Footprint
- 3.5.2 Food and Pharmaceutical Grade Propylene Glycol Market: Company Product Type Footprint
- 3.5.3 Food and Pharmaceutical Grade Propylene Glycol Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Size by Region
- 4.1.1 Global Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Region (2018-2029)
- 4.1.2 Global Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Region (2018-2029)
- 4.1.3 Global Food and Pharmaceutical Grade Propylene Glycol Average Price by Region (2018-2029)
- 4.2 North America Food and Pharmaceutical Grade Propylene Glycol Consumption Value (2018-2029)
- 4.3 Europe Food and Pharmaceutical Grade Propylene Glycol Consumption Value (2018-2029)
- 4.4 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Consumption Value (2018-2029)
- 4.5 South America Food and Pharmaceutical Grade Propylene Glycol Consumption Value (2018-2029)
- 4.6 Middle East and Africa Food and Pharmaceutical Grade Propylene Glycol Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Type (2018-2029)
- 5.2 Global Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Type (2018-2029)
- 5.3 Global Food and Pharmaceutical Grade Propylene Glycol Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Application (2018-2029)
- 6.2 Global Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Application (2018-2029)
- 6.3 Global Food and Pharmaceutical Grade Propylene Glycol Average Price by Application (2018-2029)
7 North America
- 7.1 North America Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Type (2018-2029)
- 7.2 North America Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Application (2018-2029)
- 7.3 North America Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
- 7.3.1 North America Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Country (2018-2029)
- 7.3.2 North America Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Type (2018-2029)
- 8.2 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Application (2018-2029)
- 8.3 Europe Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
- 8.3.1 Europe Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Country (2018-2029)
- 8.3.2 Europe Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Market Size by Region
- 9.3.1 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Type (2018-2029)
- 10.2 South America Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Application (2018-2029)
- 10.3 South America Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
- 10.3.1 South America Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Country (2018-2029)
- 10.3.2 South America Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Market Size by Country
- 11.3.1 Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 Food and Pharmaceutical Grade Propylene Glycol Market Drivers
- 12.2 Food and Pharmaceutical Grade Propylene Glycol Market Restraints
- 12.3 Food and Pharmaceutical Grade Propylene Glycol Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
- 12.5 Influence of COVID-19 and Russia-Ukraine War
- 12.5.1 Influence of COVID-19
- 12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
- 13.1 Raw Material of Food and Pharmaceutical Grade Propylene Glycol and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Food and Pharmaceutical Grade Propylene Glycol
- 13.3 Food and Pharmaceutical Grade Propylene Glycol Production Process
- 13.4 Food and Pharmaceutical Grade Propylene Glycol Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Food and Pharmaceutical Grade Propylene Glycol Typical Distributors
- 14.3 Food and Pharmaceutical Grade Propylene Glycol Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Food and Pharmaceutical Grade Propylene Glycol. Industry analysis & Market Report on Food and Pharmaceutical Grade Propylene Glycol is a syndicated market report, published as Global Food and Pharmaceutical Grade Propylene Glycol Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Food and Pharmaceutical Grade Propylene Glycol market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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