Surfactants & Soap Ingredients · Direct
Monitoring · monthly
Procurement Category Intelligence

Propylene Glycol

Overview
Market size
$4.9B
global, USD
CAGR
4.3%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity

Market outlook

2031$6.0B

What changed

Demand by region

Asia Pacific demand49%
North America demand22%
Europe demand18%
Rest of world demand11%
share of global demandtotal 100%

Cost drivers

Propylene oxide feedstock55%
Energy and utilities15%
Logistics and transportation15%
Labor and manufacturing overhead15%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked