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Global Propylene Glycol (PG) Market Research Report 2026

Published Date: 2026-02-04

Report Code: QYRE-Auto-4K713

Global Propylene Glycol PG Market Research Report 2020

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Global Propylene Glycol (PG) Market Research Report 2026

Code: QYRE-Auto-4K713

Report

2026-02-04

Pages:151

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

ADM

Repsol

BASF AG

SKC Co Ltd

Shell

DOW

Lyondell Basell

Indorama(Huntsman)

INEOS

Anhui Tongling Jintai

Shandong Shida Shenghua Chemical Co., Ltd.

CNOOC Shell Petrochemical

Haike Xinyuan

Daze Chemical

Depp Technology

Ningbo Zhetie Dafeng Chemical Co., Ltd.

Propylene Glycol (PG) Market Size

The global Propylene Glycol (PG) market was valued at US$ 6396 million in 2025 and is anticipated to reach US$ 7283 million by 2032, at a CAGR of 1.9% from 2026 to 2032.

Propylene Glycol (PG) Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Propylene Glycol (PG) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Propylene Glycol (PG), also known as 1, 2-propanediol or mono-propylene glycol (MPG), is a clear, colorless liquid with a syrup-like consistency and the chemical formula C3H8O2. PG is widely used in various industries due to its versatility. Its primary application is in the production of unsaturated polyester resins (UPRs), which are essential for surface coatings and glass fiber-reinforced resins, commonly used in the construction, automotive, and industrial sectors. Additionally, Propylene Glycol is a key component in functional fluids, such as deicing and antifreeze solutions, critical for the aviation and automotive industries. It is also used in plasticizers, hydraulic brake fluids, and non-ionic detergents. Moreover, PG serves as a humectant in pharmaceuticals, cosmetics, animal feed, and tobacco, and is valued for its effectiveness as a solvent and extractant.

Globally, the Propylene Glycol market is led by major manufacturers such as Dow, LyondellBasell, INEOS, BASF, and ADM, which together control over 60% of the market share. The European Union is the largest regional market, accounting for more than 25% of global consumption, driven by its demand for surface coatings and reinforced resins. The United States and China are also significant markets, with these two regions contributing more than 35% of global demand. Industrial-grade PG is the most widely produced and consumed type, making up about 75% of total production due to its extensive use in industrial processes, particularly in UPR manufacturing.

Looking ahead, Propylene Glycol is expected to see sustained growth, particularly in the unsaturated polyester resin (UPR) market, as industries such as construction, automotive, and coatings continue to expand. Additionally, rising demand for sustainable and environmentally friendly products in the cosmetics, pharmaceutical, and food sectors will drive further use of PG, especially as a humectant. As global environmental regulations tighten, manufacturers are expected to invest in greener and more sustainable production methods for PG. With its broad range of applications and ongoing innovation, Propylene Glycol is well-positioned for continued growth across both developed and emerging markets.

This report delivers a comprehensive overview of the global Propylene Glycol (PG) market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Propylene Glycol (PG). The Propylene Glycol (PG) market size, estimates, and forecasts are provided in terms of shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Propylene Glycol (PG) market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Propylene Glycol (PG) manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Market Segmentation

Scope of Propylene Glycol (PG) Market Report

Report Metric	Details
Report Name	Propylene Glycol (PG) Market
Accounted market size in 2025	US$ 6396 million
Forecasted market size in 2032	US$ 7283 million
CAGR	1.9%
Base Year	2025
Forecasted years	2026 - 2032
Segment by Type	Hydration Transesterification Biosynthesis
by Application	Unsaturated Polyester Resins (UPR) Functional Fluids Pharmaceuticals and Food Liquid Detergents Others
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	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.
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Propylene Glycol (PG) manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Propylene Glycol (PG) production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Propylene Glycol (PG) consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.

FAQ for this report

How fast is Propylene Glycol (PG) Market growing?

Ans: The Propylene Glycol (PG) Market witnessing a CAGR of 1.9% during the forecast period 2026-2032.

What is the Propylene Glycol (PG) Market size in 2032?

Ans: The Propylene Glycol (PG) Market size in 2032 will be US$ 7283 million.

What is the market share of major companies in Propylene Glycol (PG) Market?

Ans: Globally, the Propylene Glycol market is led by major manufacturers such as Dow, LyondellBasell, INEOS, BASF, and ADM, which together control over 60% of the market share.

Who are the main players in the Propylene Glycol (PG) Market report?

Ans: The main players in the Propylene Glycol (PG) Market are 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.

What are the Application segmentation covered in the Propylene Glycol (PG) Market report?

Ans: The Applications covered in the Propylene Glycol (PG) Market report are Unsaturated Polyester Resins (UPR), Functional Fluids, Pharmaceuticals and Food, Liquid Detergents, Others

What are the Type segmentation covered in the Propylene Glycol (PG) Market report?

Ans: The Types covered in the Propylene Glycol (PG) Market report are Hydration, Transesterification, Biosynthesis

1 Propylene Glycol (PG) Market Overview

1.1 Product Definition

1.2 Propylene Glycol (PG) by Type

1.2.1 Global Propylene Glycol (PG) Market Value Growth Rate Analysis by Type: 2025 vs 2032

1.2.2 Hydration

1.2.3 Transesterification

1.2.4 Biosynthesis

1.3 Propylene Glycol (PG) by Application

1.3.1 Global Propylene Glycol (PG) Market Value Growth Rate Analysis by Application: 2025 vs 2032

1.3.2 Unsaturated Polyester Resins (UPR)

1.3.3 Functional Fluids

1.3.4 Pharmaceuticals and Food

1.3.5 Liquid Detergents

1.3.6 Others

1.4 Global Market Growth Prospects

1.4.1 Global Propylene Glycol (PG) Production Value Estimates and Forecasts (2021–2032)

1.4.2 Global Propylene Glycol (PG) Production Capacity Estimates and Forecasts (2021–2032)

1.4.3 Global Propylene Glycol (PG) Production Estimates and Forecasts (2021–2032)

1.4.4 Global Propylene Glycol (PG) Market Average Price Estimates and Forecasts (2021–2032)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Propylene Glycol (PG) Production Market Share by Manufacturers (2021–2026)

2.2 Global Propylene Glycol (PG) Production Value Market Share by Manufacturers (2021–2026)

2.3 Global Key Players of Propylene Glycol (PG), Industry Ranking, 2024 vs 2025

2.4 Global Propylene Glycol (PG) Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

2.5 Global Propylene Glycol (PG) Average Price by Manufacturers (2021–2026)

2.6 Global Key Manufacturers of Propylene Glycol (PG), Manufacturing Footprints and Headquarters

2.7 Global Key Manufacturers of Propylene Glycol (PG), Product Offerings and Applications

2.8 Global Key Manufacturers of Propylene Glycol (PG), Date of Entry into the Industry

2.9 Propylene Glycol (PG) Market Competitive Situation and Trends

2.9.1 Propylene Glycol (PG) Market Concentration Rate

2.9.2 Top 5 and Top 10 Global Propylene Glycol (PG) Players Market Share by Revenue

2.10 Mergers & Acquisitions and Expansion

3 Propylene Glycol (PG) Production by Region

3.1 Global Propylene Glycol (PG) Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

3.2 Global Propylene Glycol (PG) Production Value by Region (2021–2032)

3.2.1 Global Propylene Glycol (PG) Production Value by Region (2021–2026)

3.2.2 Global Forecasted Production Value of Propylene Glycol (PG) by Region (2027–2032)

3.3 Global Propylene Glycol (PG) Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

3.4 Global Propylene Glycol (PG) Production Volume by Region (2021–2032)

3.4.1 Global Propylene Glycol (PG) Production by Region (2021–2026)

3.4.2 Global Forecasted Production of Propylene Glycol (PG) by Region (2027–2032)

3.5 Global Propylene Glycol (PG) Market Price Analysis by Region (2021–2026)

3.6 Global Propylene Glycol (PG) Production, Value, and Year-over-Year Growth

3.6.1 North America Propylene Glycol (PG) Production Value Estimates and Forecasts (2021–2032)

3.6.2 Europe Propylene Glycol (PG) Production Value Estimates and Forecasts (2021–2032)

3.6.3 China Propylene Glycol (PG) Production Value Estimates and Forecasts (2021–2032)

3.6.4 Japan Propylene Glycol (PG) Production Value Estimates and Forecasts (2021–2032)

4 Propylene Glycol (PG) Consumption by Region

4.1 Global Propylene Glycol (PG) Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

4.2 Global Propylene Glycol (PG) Consumption by Region (2021–2032)

4.2.1 Global Propylene Glycol (PG) Consumption by Region (2021–2026)

4.2.2 Global Propylene Glycol (PG) Forecasted Consumption by Region (2027–2032)

4.3 North America

4.3.1 North America Propylene Glycol (PG) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.3.2 North America Propylene Glycol (PG) Consumption by Country (2021–2032)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Propylene Glycol (PG) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.4.2 Europe Propylene Glycol (PG) Consumption by Country (2021–2032)

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 Propylene Glycol (PG) Consumption Growth Rate by Region: 2021 vs 2025 vs 2032

4.5.2 Asia Pacific Propylene Glycol (PG) Consumption by Region (2021–2032)

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 Propylene Glycol (PG) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.6.2 Latin America, Middle East & Africa Propylene Glycol (PG) Consumption by Country (2021–2032)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Propylene Glycol (PG) Production by Type (2021–2032)

5.1.1 Global Propylene Glycol (PG) Production by Type (2021–2026)

5.1.2 Global Propylene Glycol (PG) Production by Type (2027–2032)

5.1.3 Global Propylene Glycol (PG) Production Market Share by Type (2021–2032)

5.2 Global Propylene Glycol (PG) Production Value by Type (2021–2032)

5.2.1 Global Propylene Glycol (PG) Production Value by Type (2021–2026)

5.2.2 Global Propylene Glycol (PG) Production Value by Type (2027–2032)

5.2.3 Global Propylene Glycol (PG) Production Value Market Share by Type (2021–2032)

5.3 Global Propylene Glycol (PG) Price by Type (2021–2032)

6 Segment by Application

6.1 Global Propylene Glycol (PG) Production by Application (2021–2032)

6.1.1 Global Propylene Glycol (PG) Production by Application (2021–2026)

6.1.2 Global Propylene Glycol (PG) Production by Application (2027–2032)

6.1.3 Global Propylene Glycol (PG) Production Market Share by Application (2021–2032)

6.2 Global Propylene Glycol (PG) Production Value by Application (2021–2032)

6.2.1 Global Propylene Glycol (PG) Production Value by Application (2021–2026)

6.2.2 Global Propylene Glycol (PG) Production Value by Application (2027–2032)

6.2.3 Global Propylene Glycol (PG) Production Value Market Share by Application (2021–2032)

6.3 Global Propylene Glycol (PG) Price by Application (2021–2032)

7 Key Companies Profiled

7.1 Dow

7.1.1 Dow Propylene Glycol (PG) Company Information

7.1.2 Dow Propylene Glycol (PG) Product Portfolio

7.1.3 Dow Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.2.2 Lyondell Basell Propylene Glycol (PG) Product Portfolio

7.2.3 Lyondell Basell Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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) Propylene Glycol (PG) Company Information

7.3.2 Indorama (Huntsman) Propylene Glycol (PG) Product Portfolio

7.3.3 Indorama (Huntsman) Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.4.2 ADM Propylene Glycol (PG) Product Portfolio

7.4.3 ADM Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

7.4.4 ADM Main Business and Markets Served

7.4.5 ADM Recent Developments/Updates

7.5 INEOS

7.5.1 INEOS Propylene Glycol (PG) Company Information

7.5.2 INEOS Propylene Glycol (PG) Product Portfolio

7.5.3 INEOS Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

7.5.4 INEOS Main Business and Markets Served

7.5.5 INEOS Recent Developments/Updates

7.6 BASF

7.6.1 BASF Propylene Glycol (PG) Company Information

7.6.2 BASF Propylene Glycol (PG) Product Portfolio

7.6.3 BASF Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

7.6.4 BASF Main Business and Markets Served

7.6.5 BASF Recent Developments/Updates

7.7 Repsol

7.7.1 Repsol Propylene Glycol (PG) Company Information

7.7.2 Repsol Propylene Glycol (PG) Product Portfolio

7.7.3 Repsol Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

7.7.4 Repsol Main Business and Markets Served

7.7.5 Repsol Recent Developments/Updates

7.8 SKC

7.8.1 SKC Propylene Glycol (PG) Company Information

7.8.2 SKC Propylene Glycol (PG) Product Portfolio

7.8.3 SKC Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

7.8.4 SKC Main Business and Markets Served

7.8.5 SKC Recent Developments/Updates

7.9 Shell

7.9.1 Shell Propylene Glycol (PG) Company Information

7.9.2 Shell Propylene Glycol (PG) Product Portfolio

7.9.3 Shell Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.10.2 Anhui Tongling Jintai Propylene Glycol (PG) Product Portfolio

7.10.3 Anhui Tongling Jintai Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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. Propylene Glycol (PG) Company Information

7.11.2 Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Product Portfolio

7.11.3 Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.12.2 CNOOC Shell Petrochemical Propylene Glycol (PG) Product Portfolio

7.12.3 CNOOC Shell Petrochemical Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.13.2 Haike Xinyuan Propylene Glycol (PG) Product Portfolio

7.13.3 Haike Xinyuan Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.14.2 Daze Chemical Propylene Glycol (PG) Product Portfolio

7.14.3 Daze Chemical Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Company Information

7.15.2 Depp Technology Propylene Glycol (PG) Product Portfolio

7.15.3 Depp Technology Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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. Propylene Glycol (PG) Company Information

7.16.2 Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Product Portfolio

7.16.3 Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Production, Value, Price, and Gross Margin (2021–2026)

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 Propylene Glycol (PG) Industry Chain Analysis

8.2 Propylene Glycol (PG) Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Propylene Glycol (PG) Production Modes and Processes

8.4 Propylene Glycol (PG) Sales and Marketing

8.4.1 Propylene Glycol (PG) Sales Channels

8.4.2 Propylene Glycol (PG) Distributors

8.5 Propylene Glycol (PG) Customer Analysis

9 Propylene Glycol (PG) Market Dynamics

9.1 Propylene Glycol (PG) Industry Trends

9.2 Propylene Glycol (PG) Market Drivers

9.3 Propylene Glycol (PG) Market Challenges

9.4 Propylene Glycol (PG) Market Restraints

9.5 Impact of U.S. Tariffs

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

FEATURED COMPANIES

ADM

Repsol

BASF AG

SKC Co Ltd

Shell

DOW

Lyondell Basell

Indorama(Huntsman)

INEOS

Anhui Tongling Jintai

Shandong Shida Shenghua Chemical Co., Ltd.

CNOOC Shell Petrochemical

Haike Xinyuan

Daze Chemical

Depp Technology

Ningbo Zhetie Dafeng Chemical Co., Ltd.

List of Tables

Table 1. Global Propylene Glycol (PG) Market Value by Type (US$ Million), 2025 vs 2032

Table 2. Global Propylene Glycol (PG) Market Value by Application (US$ Million), 2025 vs 2032

Table 3. Global Propylene Glycol (PG) Production Capacity (K MT) by Manufacturers in 2025

Table 4. Global Propylene Glycol (PG) Production by Manufacturers (K MT), 2021–2026

Table 5. Global Propylene Glycol (PG) Production Market Share by Manufacturers (2021–2026)

Table 6. Global Propylene Glycol (PG) Production Value by Manufacturers (US$ Million), 2021–2026

Table 7. Global Propylene Glycol (PG) Production Value Share by Manufacturers (2021–2026)

Table 8. Global Key Players of Propylene Glycol (PG), Industry Ranking, 2024 vs 2025

Table 9. Classification of Companies by Tier (Tier 1, Tier 2, Tier 3), based on Propylene Glycol (PG) Production Value, 2025

Table 10. Global Market Propylene Glycol (PG) Average Price by Manufacturers (USD/MT), 2021–2026

Table 11. Global Key Manufacturers of Propylene Glycol (PG), Manufacturing Footprints and Headquarters

Table 12. Global Key Manufacturers of Propylene Glycol (PG), Product Offerings and Applications

Table 13. Global Key Manufacturers of Propylene Glycol (PG), Date of Entry into the Industry

Table 14. Global Propylene Glycol (PG) Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions and Expansion Plans

Table 16. Global Propylene Glycol (PG) Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)

Table 17. Global Propylene Glycol (PG) Production Value (US$ Million) by Region (2021–2026)

Table 18. Global Propylene Glycol (PG) Production Value Market Share by Region (2021–2026)

Table 19. Global Propylene Glycol (PG) Production Value (US$ Million) Forecast by Region (2027–2032)

Table 20. Global Propylene Glycol (PG) Production Value Market Share Forecast by Region (2027–2032)

Table 21. Global Propylene Glycol (PG) Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)

Table 22. Global Propylene Glycol (PG) Production (K MT) by Region (2021–2026)

Table 23. Global Propylene Glycol (PG) Production Market Share by Region (2021–2026)

Table 24. Global Propylene Glycol (PG) Production (K MT) Forecast by Region (2027–2032)

Table 25. Global Propylene Glycol (PG) Production Market Share Forecast by Region (2027–2032)

Table 26. Global Propylene Glycol (PG) Market Average Price (USD/MT) by Region (2021–2026)

Table 27. Global Propylene Glycol (PG) Market Average Price (USD/MT) by Region (2027–2032)

Table 28. Global Propylene Glycol (PG) Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)

Table 29. Global Propylene Glycol (PG) Consumption by Region (K MT), 2021–2026

Table 30. Global Propylene Glycol (PG) Consumption Market Share by Region (2021–2026)

Table 31. Global Propylene Glycol (PG) Forecasted Consumption by Region (K MT), 2027–2032

Table 32. Global Propylene Glycol (PG) Forecasted Consumption Market Share by Region (2027–2032)

Table 33. North America Propylene Glycol (PG) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

Table 34. North America Propylene Glycol (PG) Consumption by Country (K MT), 2021–2026

Table 35. North America Propylene Glycol (PG) Consumption by Country (K MT), 2027–2032

Table 36. Europe Propylene Glycol (PG) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

Table 37. Europe Propylene Glycol (PG) Consumption by Country (K MT), 2021–2026

Table 38. Europe Propylene Glycol (PG) Consumption by Country (K MT), 2027–2032

Table 39. Asia Pacific Propylene Glycol (PG) Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)

Table 40. Asia Pacific Propylene Glycol (PG) Consumption by Region (K MT), 2021–2026

Table 41. Asia Pacific Propylene Glycol (PG) Consumption by Region (K MT), 2027–2032

Table 42. Latin America, Middle East & Africa Propylene Glycol (PG) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

Table 43. Latin America, Middle East & Africa Propylene Glycol (PG) Consumption by Country (K MT), 2021–2026

Table 44. Latin America, Middle East & Africa Propylene Glycol (PG) Consumption by Country (K MT), 2027–2032

Table 45. Global Propylene Glycol (PG) Production (K MT) by Type (2021–2026)

Table 46. Global Propylene Glycol (PG) Production (K MT) by Type (2027–2032)

Table 47. Global Propylene Glycol (PG) Production Market Share by Type (2021–2026)

Table 48. Global Propylene Glycol (PG) Production Market Share by Type (2027–2032)

Table 49. Global Propylene Glycol (PG) Production Value (US$ Million) by Type (2021–2026)

Table 50. Global Propylene Glycol (PG) Production Value (US$ Million) by Type (2027–2032)

Table 51. Global Propylene Glycol (PG) Production Value Market Share by Type (2021–2026)

Table 52. Global Propylene Glycol (PG) Production Value Market Share by Type (2027–2032)

Table 53. Global Propylene Glycol (PG) Price (USD/MT) by Type (2021–2026)

Table 54. Global Propylene Glycol (PG) Price (USD/MT) by Type (2027–2032)

Table 55. Global Propylene Glycol (PG) Production (K MT) by Application (2021–2026)

Table 56. Global Propylene Glycol (PG) Production (K MT) by Application (2027–2032)

Table 57. Global Propylene Glycol (PG) Production Market Share by Application (2021–2026)

Table 58. Global Propylene Glycol (PG) Production Market Share by Application (2027–2032)

Table 59. Global Propylene Glycol (PG) Production Value (US$ Million) by Application (2021–2026)

Table 60. Global Propylene Glycol (PG) Production Value (US$ Million) by Application (2027–2032)

Table 61. Global Propylene Glycol (PG) Production Value Market Share by Application (2021–2026)

Table 62. Global Propylene Glycol (PG) Production Value Market Share by Application (2027–2032)

Table 63. Global Propylene Glycol (PG) Price (USD/MT) by Application (2021–2026)

Table 64. Global Propylene Glycol (PG) Price (USD/MT) by Application (2027–2032)

Table 65. Dow Propylene Glycol (PG) Company Information

Table 66. Dow Propylene Glycol (PG) Specification and Application

Table 67. Dow Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 68. Dow Main Business and Markets Served

Table 69. Dow Recent Developments/Updates

Table 70. Lyondell Basell Propylene Glycol (PG) Company Information

Table 71. Lyondell Basell Propylene Glycol (PG) Specification and Application

Table 72. Lyondell Basell Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 73. Lyondell Basell Main Business and Markets Served

Table 74. Lyondell Basell Recent Developments/Updates

Table 75. Indorama (Huntsman) Propylene Glycol (PG) Company Information

Table 76. Indorama (Huntsman) Propylene Glycol (PG) Specification and Application

Table 77. Indorama (Huntsman) Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 78. Indorama (Huntsman) Main Business and Markets Served

Table 79. Indorama (Huntsman) Recent Developments/Updates

Table 80. ADM Propylene Glycol (PG) Company Information

Table 81. ADM Propylene Glycol (PG) Specification and Application

Table 82. ADM Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 83. ADM Main Business and Markets Served

Table 84. ADM Recent Developments/Updates

Table 85. INEOS Propylene Glycol (PG) Company Information

Table 86. INEOS Propylene Glycol (PG) Specification and Application

Table 87. INEOS Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 88. INEOS Main Business and Markets Served

Table 89. INEOS Recent Developments/Updates

Table 90. BASF Propylene Glycol (PG) Company Information

Table 91. BASF Propylene Glycol (PG) Specification and Application

Table 92. BASF Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 93. BASF Main Business and Markets Served

Table 94. BASF Recent Developments/Updates

Table 95. Repsol Propylene Glycol (PG) Company Information

Table 96. Repsol Propylene Glycol (PG) Specification and Application

Table 97. Repsol Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 98. Repsol Main Business and Markets Served

Table 99. Repsol Recent Developments/Updates

Table 100. SKC Propylene Glycol (PG) Company Information

Table 101. SKC Propylene Glycol (PG) Specification and Application

Table 102. SKC Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 103. SKC Main Business and Markets Served

Table 104. SKC Recent Developments/Updates

Table 105. Shell Propylene Glycol (PG) Company Information

Table 106. Shell Propylene Glycol (PG) Specification and Application

Table 107. Shell Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 108. Shell Main Business and Markets Served

Table 109. Shell Recent Developments/Updates

Table 110. Anhui Tongling Jintai Propylene Glycol (PG) Company Information

Table 111. Anhui Tongling Jintai Propylene Glycol (PG) Specification and Application

Table 112. Anhui Tongling Jintai Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 113. Anhui Tongling Jintai Main Business and Markets Served

Table 114. Anhui Tongling Jintai Recent Developments/Updates

Table 115. Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Company Information

Table 116. Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Specification and Application

Table 117. Shandong Shida Shenghua Chemical Co., Ltd. Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 118. Shandong Shida Shenghua Chemical Co., Ltd. Main Business and Markets Served

Table 119. Shandong Shida Shenghua Chemical Co., Ltd. Recent Developments/Updates

Table 120. CNOOC Shell Petrochemical Propylene Glycol (PG) Company Information

Table 121. CNOOC Shell Petrochemical Propylene Glycol (PG) Specification and Application

Table 122. CNOOC Shell Petrochemical Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 123. CNOOC Shell Petrochemical Main Business and Markets Served

Table 124. CNOOC Shell Petrochemical Recent Developments/Updates

Table 125. Haike Xinyuan Propylene Glycol (PG) Company Information

Table 126. Haike Xinyuan Propylene Glycol (PG) Specification and Application

Table 127. Haike Xinyuan Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 128. Haike Xinyuan Main Business and Markets Served

Table 129. Haike Xinyuan Recent Developments/Updates

Table 130. Daze Chemical Propylene Glycol (PG) Company Information

Table 131. Daze Chemical Propylene Glycol (PG) Specification and Application

Table 132. Daze Chemical Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 133. Daze Chemical Main Business and Markets Served

Table 134. Daze Chemical Recent Developments/Updates

Table 135. Depp Technology Propylene Glycol (PG) Company Information

Table 136. Depp Technology Propylene Glycol (PG) Specification and Application

Table 137. Depp Technology Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 138. Depp Technology Main Business and Markets Served

Table 139. Depp Technology Recent Developments/Updates

Table 140. Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Company Information

Table 141. Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Specification and Application

Table 142. Ningbo Zhetie Dafeng Chemical Co., Ltd. Propylene Glycol (PG) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

Table 143. Ningbo Zhetie Dafeng Chemical Co., Ltd. Main Business and Markets Served

Table 144. Ningbo Zhetie Dafeng Chemical Co., Ltd. Recent Developments/Updates

Table 145. Key Raw Materials Lists

Table 146. Raw Materials Key Suppliers Lists

Table 147. Propylene Glycol (PG) Distributors List

Table 148. Propylene Glycol (PG) Customers List

Table 149. Propylene Glycol (PG) Market Trends

Table 150. Propylene Glycol (PG) Market Drivers

Table 151. Propylene Glycol (PG) Market Challenges

Table 152. Propylene Glycol (PG) Market Restraints

Table 153. Research Programs/Design for This Report

Table 154. Key Data Information from Secondary Sources

Table 155. Key Data Information from Primary Sources

Table 156. Authors List of This Report

List of Figures

Figure 1. Product Picture of Propylene Glycol (PG)

Figure 2. Global Propylene Glycol (PG) Market Value by Type (US$ Million), 2021–2032

Figure 3. Global Propylene Glycol (PG) Market Share by Type: 2025 vs 2032

Figure 4. Hydration Product Picture

Figure 5. Transesterification Product Picture

Figure 6. Biosynthesis Product Picture

Figure 7. Global Propylene Glycol (PG) Market Value by Application (US$ Million), 2021–2032

Figure 8. Global Propylene Glycol (PG) Market Share by Application: 2025 vs 2032

Figure 9. Unsaturated Polyester Resins (UPR)

Figure 10. Functional Fluids

Figure 11. Pharmaceuticals and Food

Figure 12. Liquid Detergents

Figure 13. Others

Figure 14. Global Propylene Glycol (PG) Production Value (US$ Million), 2021 vs 2025 vs 2032

Figure 15. Global Propylene Glycol (PG) Production Value (US$ Million), 2021–2032

Figure 16. Global Propylene Glycol (PG) Production Capacity (K MT), 2021–2032

Figure 17. Global Propylene Glycol (PG) Production (K MT), 2021–2032

Figure 18. Global Propylene Glycol (PG) Average Price (USD/MT), 2021–2032

Figure 19. Propylene Glycol (PG) Report Years Considered

Figure 20. Propylene Glycol (PG) Production Share by Manufacturers in 2025

Figure 21. Global Propylene Glycol (PG) Production Value Share by Manufacturers (2025)

Figure 22. Propylene Glycol (PG) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025

Figure 23. Top 5 and Top 10 Global Players: Market Share by Propylene Glycol (PG) Revenue in 2025

Figure 24. Global Propylene Glycol (PG) Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)

Figure 25. Global Propylene Glycol (PG) Production Value Market Share by Region: 2021 vs 2025 vs 2032

Figure 26. Global Propylene Glycol (PG) Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)

Figure 27. Global Propylene Glycol (PG) Production Market Share by Region: 2021 vs 2025 vs 2032

Figure 28. North America Propylene Glycol (PG) Production Value (US$ Million) Growth Rate (2021–2032)

Figure 29. Europe Propylene Glycol (PG) Production Value (US$ Million) Growth Rate (2021–2032)

Figure 30. China Propylene Glycol (PG) Production Value (US$ Million) Growth Rate (2021–2032)

Figure 31. Japan Propylene Glycol (PG) Production Value (US$ Million) Growth Rate (2021–2032)

Figure 32. Global Propylene Glycol (PG) Consumption by Region: 2021 vs 2025 vs 2032 (K MT)

Figure 33. Global Propylene Glycol (PG) Consumption Market Share by Region: 2021 vs 2025 vs 2032

Figure 34. North America Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 35. North America Propylene Glycol (PG) Consumption Market Share by Country (2021–2032)

Figure 36. U.S. Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 37. Canada Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 38. Europe Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 39. Europe Propylene Glycol (PG) Consumption Market Share by Country (2021–2032)

Figure 40. Germany Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 41. France Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 42. U.K. Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 43. Italy Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 44. Russia Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 45. Asia Pacific Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 46. Asia Pacific Propylene Glycol (PG) Consumption Market Share by Region (2021–2032)

Figure 47. China Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 48. Japan Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 49. South Korea Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 50. China Taiwan Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 51. Southeast Asia Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 52. India Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 53. Latin America, Middle East & Africa Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 54. Latin America, Middle East & Africa Propylene Glycol (PG) Consumption Market Share by Country (2021–2032)

Figure 55. Mexico Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 56. Brazil Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 57. Turkey Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 58. GCC Countries Propylene Glycol (PG) Consumption and Growth Rate (K MT), 2021–2032

Figure 59. Global Production Market Share of Propylene Glycol (PG) by Type (2021–2032)

Figure 60. Global Production Value Market Share of Propylene Glycol (PG) by Type (2021–2032)

Figure 61. Global Propylene Glycol (PG) Price (USD/MT) by Type (2021–2032)

Figure 62. Global Production Market Share of Propylene Glycol (PG) by Application (2021–2032)

Figure 63. Global Production Value Market Share of Propylene Glycol (PG) by Application (2021–2032)

Figure 64. Global Propylene Glycol (PG) Price (USD/MT) by Application (2021–2032)

Figure 65. Propylene Glycol (PG) Value Chain

Figure 66. Channels of Distribution (Direct Vs Distribution)

Figure 67. Bottom-up and Top-down Approaches for This Report

Figure 68. Data Triangulation

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