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Propylene Glycols

Chemical Economics Handbook

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Published December 2023

Propylene glycol, dipropylene glycol and higher glycols are produced commercially from propylene oxide. Monopropylene glycol is used in a wide variety of applications, including unsaturated polyester resins, cosmetics and personal care products, functional fluids and antifreezes, liquid detergents and dog food. Dipropylene glycol is used in unsaturated polyester resins, plasticizers and personal care applications. Tripropylene glycol is used in polyurethanes and acrylates.

Global consumption of propylene glycols will continue to grow at an average of 2.5%-3.0% per year during 2023–28. Higher-than-average growth rates will be observed in regions such as mainland China, South Asia, Southeast Asia and Oceania, and Central and Eastern Europe, where strong demand for unsaturated polyester resins, cosmetics and personal care products is expected to be seen in the forecast period.

The following pie chart shows world consumption of propylene glycols:

Propylene Glycols

For more detailed information, see the table of contents, shown below.

S&P Global’s Chemical Economics Handbook –Propylene Glycols is the comprehensive and trusted guide for anyone seeking information on this industry. This latest report details global and regional information, including

Key benefits

S&P Global’s Chemical Economics Handbook –Propylene Glycols has been compiled using primary interviews with key suppliers and organizations, and leading representatives from the industry in combination with S&P Global’s unparalleled access to upstream and downstream market intelligence and expert insights into industry dynamics, trade and economics.

This report can help you

  • Identify trends and driving forces influencing chemical markets
  • Forecast and plan for future demand
  • Understand the impact of competing materials
  • Identify and evaluate potential customers and competitors
  • Evaluate producers
  • Track changing prices and trade movements
  • Analyze the impact of feedstocks, regulations, and other factors on chemical profitability
Buy individual report now Contact:
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Table of contents

Executive summary 6
Summary 7
Supply/demand overview 7
Industry characteristics 12
Introduction 15
Manufacturing processes 16
From propylene oxide 16
Monopropylene glycol 16
Monopropylene glycol by transesterification 16
Dipropylene glycol and tripropylene glycol 17
Direct synthesis from propylene and hydrogen peroxide 17
From renewable feedstocks 17
From glycerin 17
From sorbitol 18
Technology 18
Environmental issues 20
Supply and demand by region 21
United States 21
Producing companies 21
Salient statistics 21
Monopropylene glycol 23
Dipropylene glycol 24
Tripropylene glycol 25
Consumption 26
Monopropylene glycol 27
Functional fluids 28
Cosmetics and personal care products, pharmaceuticals and human food 29
Unsaturated polyester resins 30
Liquid detergents 31
Paints and coatings 31
Tobacco humectant 32
Other 32
Dipropylene glycol 33
Tripropylene glycol 35
Price 36
Trade 37
Imports 37
Exports 39
Canada 40
Producing companies 40
Salient statistics 40
Consumption 41
Price 41
Trade 42
Mexico 42
Producing companies 42
Salient statistics 42
Consumption 43
Price 43
Trade 44
Central and South America 44
Producing companies 44
Salient statistics 44
Consumption 45
Price 46
Trade 47
Western Europe 48
Producing companies 48
Salient statistics 50
Consumption 52
Unsaturated polyester resins 54
Technical 54
Functional fluids 54
Solvents 55
Food, feed, personal care and pharmaceuticals 55
Price 55
Trade 56
Central and Eastern Europe 58
Producing companies 58
Salient statistics 59
Consumption 60
Price 62
Trade 62
Eurasia 64
Producing companies 64
Salient statistics 64
Consumption 65
Price 66
Trade 67
Middle East 69
Producing companies 69
Salient statistics 69
Consumption 70
Trade 71
Africa 73
Producing companies 73
Salient statistics 73
Consumption 74
Trade 75
Mainland China 77
Producing companies 77
Salient statistics 78
Consumption 79
Industrial grades 80
Unsaturated polyester resins 80
Polyether polyols manufacture 81
Other functional fluids 81
Food or pharmaceutical grades 81
Food industry 81
Personal care products 81
Pharmaceuticals 82
Other 82
Price 82
Trade 82
Northeast Asia 83
Japan 84
Producing companies 84
Salient statistics 84
Consumption 85
Monopropylene glycol 86
Di- and tripropylene glycols 87
Price 87
Trade 89
Other Northeast Asia 89
Producing companies 89
Salient statistics 90
South Korea 90
Taiwan 90
Consumption 91
Price 92
Trade 93
South Asia 94
Producing companies 94
Salient statistics 94
India 94
Other South Asia 95
Consumption 96
India 96
Other South Asia 97
Price 98
Trade 99
Southeast Asia 100
Producing companies 100
Salient statistics 101
Consumption 102
Price 103
Trade 104
Appendix — Geographic regions 106
Additional resources 107
Revisions 108
Data Workbook 109

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