Global 1,2-Propanediol Supply, Demand and Key Producers, 2026-2032
Description
The global 1,2-Propanediol market size is expected to reach $ 7474 million by 2032, rising at a market growth of 1.9% CAGR during the forecast period (2026-2032).
1, 2-Propanediol, commonly referred to as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency, and its chemical formula is C3H8O2. It is widely used in industrial and consumer applications due to its versatility. The primary market for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely utilized in industries such as construction and automotive. The second-largest area of application is in functional fluids, including deicing and antifreeze solutions, which play a crucial role in the aviation and automotive sectors. 1, 2-Propanediol also serves as an ingredient in plasticizers and hydraulic brake fluids, and it is a key component in non-ionic detergents. Furthermore, it is used as a humectant in industries such as pharmaceuticals, cosmetics, animal feed, and tobacco. Its effectiveness as a solvent and extractant further enhances its broad range of applications.
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.
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.
This report studies the global 1,2-Propanediol production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for 1,2-Propanediol and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of 1,2-Propanediol that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global 1,2-Propanediol total production and demand, 2021-2032, (K MT)
Global 1,2-Propanediol total production value, 2021-2032, (USD Million)
Global 1,2-Propanediol production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global 1,2-Propanediol consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: 1,2-Propanediol domestic production, consumption, key domestic manufacturers and share
Global 1,2-Propanediol production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global 1,2-Propanediol production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global 1,2-Propanediol production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global 1,2-Propanediol market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World 1,2-Propanediol market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global 1,2-Propanediol Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global 1,2-Propanediol Market, Segmentation by Type:
Hydration
Transesterification
Biosynthesis
Global 1,2-Propanediol Market, Segmentation by Application:
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Others
Companies Profiled:
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.
Key Questions Answered:
1. How big is the global 1,2-Propanediol market?
2. What is the demand of the global 1,2-Propanediol market?
3. What is the year over year growth of the global 1,2-Propanediol market?
4. What is the production and production value of the global 1,2-Propanediol market?
5. Who are the key producers in the global 1,2-Propanediol market?
6. What are the growth factors driving the market demand?
1, 2-Propanediol, commonly referred to as propylene glycol (PG) or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency, and its chemical formula is C3H8O2. It is widely used in industrial and consumer applications due to its versatility. The primary market for 1, 2-propanediol is unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, widely utilized in industries such as construction and automotive. The second-largest area of application is in functional fluids, including deicing and antifreeze solutions, which play a crucial role in the aviation and automotive sectors. 1, 2-Propanediol also serves as an ingredient in plasticizers and hydraulic brake fluids, and it is a key component in non-ionic detergents. Furthermore, it is used as a humectant in industries such as pharmaceuticals, cosmetics, animal feed, and tobacco. Its effectiveness as a solvent and extractant further enhances its broad range of applications.
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.
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.
This report studies the global 1,2-Propanediol production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for 1,2-Propanediol and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of 1,2-Propanediol that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global 1,2-Propanediol total production and demand, 2021-2032, (K MT)
Global 1,2-Propanediol total production value, 2021-2032, (USD Million)
Global 1,2-Propanediol production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global 1,2-Propanediol consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: 1,2-Propanediol domestic production, consumption, key domestic manufacturers and share
Global 1,2-Propanediol production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global 1,2-Propanediol production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global 1,2-Propanediol production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global 1,2-Propanediol market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, Anhui Tongling Jintai, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World 1,2-Propanediol market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global 1,2-Propanediol Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global 1,2-Propanediol Market, Segmentation by Type:
Hydration
Transesterification
Biosynthesis
Global 1,2-Propanediol Market, Segmentation by Application:
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Others
Companies Profiled:
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.
Key Questions Answered:
1. How big is the global 1,2-Propanediol market?
2. What is the demand of the global 1,2-Propanediol market?
3. What is the year over year growth of the global 1,2-Propanediol market?
4. What is the production and production value of the global 1,2-Propanediol market?
5. Who are the key producers in the global 1,2-Propanediol market?
6. What are the growth factors driving the market demand?
Table of Contents
144 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
Questions or Comments?
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