Global and United States Propylene Glycol Solvent Market Insights, Forecast to 2027

Propylene glycol is a dihydric alcohol, a colorless, odorless, slightly viscous liquid with several excellent features as a solvent. Propylene glycol can be used as a solvent to make paint, cleansers, inks, fingernail polish and removers and household cleaning agents.
Propylene glycol solvent industry is concentrated relatively. Currently, there are several producing companies in the world propylene glycol solvent industry. The main market players are Dow, Lyondell Basell, Indorama (Huntsman), ADM, INEOS, BASF, Repsol, SKC, Shell, etc. Dow is the largest manufacturer of propylene glycol solvent in 2019 based in USA, Germany, Australia, Brazil, Thailand, Saudi Arab. Global top 2 manufacturers hold a share nearly 50% in 2019.
Europe and North America are the main consumption regions. In 2019, these two regions occupied more than 61% of the global consumption volume.
Propylene glycol solvent mainly many applications, including industrial cleaning fluid, paint and ink, food processing, medical field, personal care, etc. Among those, industrial cleaning fluid is the largest application with 38% sales share in 2019.

Market Analysis and Insights: Global and United States Propylene Glycol Solvent Market
This report focuses on global and United States Propylene Glycol Solvent market.
In 2020, the global Propylene Glycol Solvent market size was US$ 1042.2 million and it is expected to reach US$ 1299.3 million by the end of 2027, with a CAGR of 3.2% during 2021-2027. In United States the Propylene Glycol Solvent market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Propylene Glycol Solvent Scope and Market Size
Propylene Glycol Solvent market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Propylene Glycol Solvent market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Propylene Glycol Solvent market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Industrial Grade Propylene Glycol Solvent
Food Grade Propylene Glycol Solvent
Pharmaceutical Grade Propylene Glycol Solvent

Segment by Application
Industrial Cleaning Fluid
Paint and Ink
Food Processing
Medical Field
Personal Care
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Dow
Lyondell Basell
Indorama(Huntsman)
ADM
INEOS
BASF
Repsol
SKC
Shell
Shandong Shida Shenghua
CNOOC & Shell Petrochem
Hi-tech Spring Chem
Daze Group
Shandong Depu Chem