Gold Plated Tungsten Wire Market, Global Outlook and Forecast 2023-2029
| Price : US $3250 | Date : May 2023 |
| CAT ID : 4 | Pages : 111 |
The global Food and Pharmaceutical Grade Propylene Glycol market was valued at US$ 3958.4 million in 2022 and is projected to reach US$ 4431.8 million by 2029, at a CAGR of 1.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 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%.
This report aims to provide a comprehensive presentation of the global market for Food and Pharmaceutical Grade Propylene Glycol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food and Pharmaceutical Grade Propylene Glycol. This report contains market size and forecasts of Food and Pharmaceutical Grade Propylene Glycol in global, including the following market information:
Global Food and Pharmaceutical Grade Propylene Glycol Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Food and Pharmaceutical Grade Propylene Glycol Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Food and Pharmaceutical Grade Propylene Glycol companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Food and Pharmaceutical Grade Propylene Glycol manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food and Pharmaceutical Grade Propylene Glycol Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Food and Pharmaceutical Grade Propylene Glycol Market Segment Percentages, by Type, 2022 (%)
Hydration
Transesterification
Global Food and Pharmaceutical Grade Propylene Glycol Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Food and Pharmaceutical Grade Propylene Glycol Market Segment Percentages, by Application, 2022 (%)
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Other
Global Food and Pharmaceutical Grade Propylene Glycol Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Food and Pharmaceutical Grade Propylene Glycol Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food and Pharmaceutical Grade Propylene Glycol revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Food and Pharmaceutical Grade Propylene Glycol revenues share in global market, 2022 (%)
Key companies Food and Pharmaceutical Grade Propylene Glycol sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Food and Pharmaceutical Grade Propylene Glycol sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dow
Lyondell Basell
Indorama(Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
CNOOC and Shell Petrochemicals
Haike Xinyuan
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food and Pharmaceutical Grade Propylene Glycol, market overview.
Chapter 2: Global Food and Pharmaceutical Grade Propylene Glycol market size in revenue and volume.
Chapter 3: Detailed analysis of Food and Pharmaceutical Grade Propylene Glycol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food and Pharmaceutical Grade Propylene Glycol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Food and Pharmaceutical Grade Propylene Glycol capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Food and Pharmaceutical Grade Propylene Glycol Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Food and Pharmaceutical Grade Propylene Glycol Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Food and Pharmaceutical Grade Propylene Glycol Overall Market Size
2.1 Global Food and Pharmaceutical Grade Propylene Glycol Market Size: 2022 VS 2029
2.2 Global Food and Pharmaceutical Grade Propylene Glycol Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Food and Pharmaceutical Grade Propylene Glycol Sales: 2018-2029
3 Company Landscape
3.1 Top Food and Pharmaceutical Grade Propylene Glycol Players in Global Market
3.2 Top Global Food and Pharmaceutical Grade Propylene Glycol Companies Ranked by Revenue
3.3 Global Food and Pharmaceutical Grade Propylene Glycol Revenue by Companies
3.4 Global Food and Pharmaceutical Grade Propylene Glycol Sales by Companies
3.5 Global Food and Pharmaceutical Grade Propylene Glycol Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Food and Pharmaceutical Grade Propylene Glycol Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Food and Pharmaceutical Grade Propylene Glycol Product Type
3.8 Tier 1, Tier 2 and Tier 3 Food and Pharmaceutical Grade Propylene Glycol Players in Global Market
3.8.1 List of Global Tier 1 Food and Pharmaceutical Grade Propylene Glycol Companies
3.8.2 List of Global Tier 2 and Tier 3 Food and Pharmaceutical Grade Propylene Glycol Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Market Size Markets, 2022 & 2029
4.1.2 Hydration
4.1.3 Transesterification
4.2 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Revenue & Forecasts
4.2.1 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2023
4.2.2 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Revenue, 2024-2029
4.2.3 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Revenue Market Share, 2018-2029
4.3 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Sales & Forecasts
4.3.1 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2023
4.3.2 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Sales, 2024-2029
4.3.3 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Sales Market Share, 2018-2029
4.4 By Type - Global Food and Pharmaceutical Grade Propylene Glycol Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Market Size, 2022 & 2029
5.1.2 Food and Beverage
5.1.3 Cosmetics and Personal Care
5.1.4 Pharmaceuticals
5.1.5 Other
5.2 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Revenue & Forecasts
5.2.1 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2023
5.2.2 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Revenue, 2024-2029
5.2.3 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Revenue Market Share, 2018-2029
5.3 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Sales & Forecasts
5.3.1 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2023
5.3.2 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Sales, 2024-2029
5.3.3 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Sales Market Share, 2018-2029
5.4 By Application - Global Food and Pharmaceutical Grade Propylene Glycol Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Market Size, 2022 & 2029
6.2 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Revenue & Forecasts
6.2.1 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2023
6.2.2 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Revenue, 2024-2029
6.2.3 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Revenue Market Share, 2018-2029
6.3 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Sales & Forecasts
6.3.1 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2023
6.3.2 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Sales, 2024-2029
6.3.3 By Region - Global Food and Pharmaceutical Grade Propylene Glycol Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2029
6.4.2 By Country - North America Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2029
6.4.3 US Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.4.4 Canada Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.4.5 Mexico Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2029
6.5.2 By Country - Europe Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2029
6.5.3 Germany Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5.4 France Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5.5 U.K. Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5.6 Italy Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5.7 Russia Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5.8 Nordic Countries Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.5.9 Benelux Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2029
6.6.2 By Region - Asia Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2029
6.6.3 China Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.6.4 Japan Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.6.5 South Korea Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.6.6 Southeast Asia Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.6.7 India Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2029
6.7.2 By Country - South America Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2029
6.7.3 Brazil Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.7.4 Argentina Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Food and Pharmaceutical Grade Propylene Glycol Sales, 2018-2029
6.8.3 Turkey Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.8.4 Israel Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.8.5 Saudi Arabia Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
6.8.6 UAE Food and Pharmaceutical Grade Propylene Glycol Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Dow
7.1.1 Dow Company Summary
7.1.2 Dow Business Overview
7.1.3 Dow Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.1.4 Dow Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.1.5 Dow Key News & Latest Developments
7.2 Lyondell Basell
7.2.1 Lyondell Basell Company Summary
7.2.2 Lyondell Basell Business Overview
7.2.3 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.2.4 Lyondell Basell Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.2.5 Lyondell Basell Key News & Latest Developments
7.3 Indorama(Huntsman)
7.3.1 Indorama(Huntsman) Company Summary
7.3.2 Indorama(Huntsman) Business Overview
7.3.3 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.3.4 Indorama(Huntsman) Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.3.5 Indorama(Huntsman) Key News & Latest Developments
7.4 ADM
7.4.1 ADM Company Summary
7.4.2 ADM Business Overview
7.4.3 ADM Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.4.4 ADM Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.4.5 ADM Key News & Latest Developments
7.5 INEOS
7.5.1 INEOS Company Summary
7.5.2 INEOS Business Overview
7.5.3 INEOS Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.5.4 INEOS Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.5.5 INEOS Key News & Latest Developments
7.6 BASF
7.6.1 BASF Company Summary
7.6.2 BASF Business Overview
7.6.3 BASF Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.6.4 BASF Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.6.5 BASF Key News & Latest Developments
7.7 Repsol
7.7.1 Repsol Company Summary
7.7.2 Repsol Business Overview
7.7.3 Repsol Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.7.4 Repsol Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.7.5 Repsol Key News & Latest Developments
7.8 SKC
7.8.1 SKC Company Summary
7.8.2 SKC Business Overview
7.8.3 SKC Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.8.4 SKC Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.8.5 SKC Key News & Latest Developments
7.9 Shell
7.9.1 Shell Company Summary
7.9.2 Shell Business Overview
7.9.3 Shell Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.9.4 Shell Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.9.5 Shell Key News & Latest Developments
7.10 CNOOC and Shell Petrochemicals
7.10.1 CNOOC and Shell Petrochemicals Company Summary
7.10.2 CNOOC and Shell Petrochemicals Business Overview
7.10.3 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.10.4 CNOOC and Shell Petrochemicals Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.10.5 CNOOC and Shell Petrochemicals Key News & Latest Developments
7.11 Haike Xinyuan
7.11.1 Haike Xinyuan Company Summary
7.11.2 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Business Overview
7.11.3 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Major Product Offerings
7.11.4 Haike Xinyuan Food and Pharmaceutical Grade Propylene Glycol Sales and Revenue in Global (2018-2023)
7.11.5 Haike Xinyuan Key News & Latest Developments
8 Global Food and Pharmaceutical Grade Propylene Glycol Production Capacity, Analysis
8.1 Global Food and Pharmaceutical Grade Propylene Glycol Production Capacity, 2018-2029
8.2 Food and Pharmaceutical Grade Propylene Glycol Production Capacity of Key Manufacturers in Global Market
8.3 Global Food and Pharmaceutical Grade Propylene Glycol Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Food and Pharmaceutical Grade Propylene Glycol Supply Chain Analysis
10.1 Food and Pharmaceutical Grade Propylene Glycol Industry Value Chain
10.2 Food and Pharmaceutical Grade Propylene Glycol Upstream Market
10.3 Food and Pharmaceutical Grade Propylene Glycol Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Food and Pharmaceutical Grade Propylene Glycol Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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