Global Monopropylene Glycol (MPG) Market Research Report 2020

SKU ID : QYR- 14411452

Publishing Date : 07-Feb-2020

No. of pages : 124

PRICE
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  • Mono propylene glycol (also known as propylene glycol, PG, propan1, 2diol and MPG) is a clear, colourless, and viscous liquid with a characteristic odour. It has the formula C3H8O, is soluble in water, and has hygroscopic properties. MPG is used across a wide range of industries as it has low toxicity, coupled with a freezing point which is depressed upon mixing with water.

    There are many uses for mono propylene glycol across many different industries and some chemical manufacturers produce two grades of MPG to meet these varied needs.

    The first grade is used in the food, cosmetics, and pharmaceutical industries. MPG is used as a solvent for food colourings and flavourings, and is also a classified humectant food additive (E1520). In the personal care industry it is used as a moisturiser in make-up, shampoo, bubble bath and baby wipes, to name but a few examples. The pharmaceutical industry uses MPG as a solvent in oral, injectable, and topical formulations.

    Industrial grade MPG also has a variety of uses but the main application is as an antifreeze and aircraft wing and runway de-icer. This is because the freezing point of MPG lowers upon mixing with water. It is also used in heat transfer liquids such as engine coolants.

    It can also be used as a chemical intermediate in the production of high performance unsaturated polyester resins used in paints and varnishes. It is also an excellent solvent that is utilised in printing inks and it is also used in the manufacture of non-ionic detergents which are used in the petroleum, sugar-refining, and paper making industries. It can also be used in the cryonics industry and can be used as an additive in pipe tobacco as it prevents dehydration.

    Market Analysis and Insights: Global Monopropylene Glycol (MPG) Market
    The global Monopropylene Glycol (MPG) market is valued at xx million US$ in 2020 is expected to reach xx million US$ by the end of 2026, growing at a CAGR of xx% during 2021-2026.
    Global Monopropylene Glycol (MPG) Market: Drivers and Restrains
    The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
    A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
    Market Segment Analysis
    The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
    Segment by Type
    Industrial Grade
    Food Grade
    Pharmaceutical Grade

    Segment by Application
    Food & Beverages
    Cosmetics & Personal Care
    Pharmaceuticals
    Industrial
    Others

    Global Monopropylene Glycol (MPG) Market: Regional Analysis
    The report offers in-depth assessment of the growth and other aspects of the Monopropylene Glycol (MPG) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
    The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
    Global Monopropylene Glycol (MPG) Market:

    Competitive Landscape


    This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
    The major players in the market include DowDuPont, BASF, Huntsman, ADM, OLEON, Polioles, LyondellBasell, Repsol, INEOS, AGC Chemicals, Shell, ADEKA, SKC, PJSC Nizhnekamskneftekhim, PCC Rokita, Shandong Shida Shenghua Chemical, Tongling Jintai Chemical, CNOOC and Shell Petrochemicals, Dongying Hi-tech Spring Chemical, Shandong Depu Chemical, etc.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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