The Business Research Company’s Propylene Glycol Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Propylene Glycol Global Market Report 2023 evaluates propylene glycol market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global propylene glycol market size is expected to grow from $4.20 billion in 2022 to $4.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The propylene glycol market is expected to grow to $5.64 billion in 2027 at a CAGR of 5.8%.

The propylene glycol market segments in the report are:
Propylene Glycol By Source :
Petroleum-Based
Bio-Based

Propylene Glycol By Grade :
Industrial Grade
Pharmaceutical Grade

Propylene Glycol By Application :
Animal Feed
Inks
Lacquers
Tobacco Humectants
Varnishes

Propylene Glycol By End User :
Building And Construction
Consumer Goods
Cosmetics and Personal Care
Electronics
Food And Beverages
Paint And Coatings
Pharmaceuticals
Textile Industries
Tobacco
Transportation

Asia-Pacific was the largest region in the propylene glycol market in 2022.

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The table of contents in TBRC’s propylene glycol market report includes:
1. Executive Summary
2. Propylene Glycol Market Characteristics
3. Propylene Glycol Market Trends And Strategies
4. Propylene Glycol Market - Macro Economic Scenario
5. Propylene Glycol Market Size And Growth
...............
26. Africa Propylene Glycol Market
27. Propylene Glycol Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Propylene Glycol Market
29. Propylene Glycol Market Future Outlook and Potential Analysis
30. Appendix

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