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Poly Propylene Glycol Market Size, Share & Industry Analysis, By Application (Rheology, Leather industry, Mass spectrometry, Laxatives manufacturing, Paintballs manufacturing , Solvent, Skin Care and Cosmetics, Others) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105404 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Polypropylene glycol is the polymer of glycol and propylene oxide. It appears as a clear viscous liquid and can be soluble in an organic solvent such as ethyl alcohol, methylbenzene, and trichloroethylene. Additionally, polypropylene glycol is highly used as an anti-static, anti-foaming, or pigment dispersing agent. It offers eco-friendly, biodegradable, and cost-effective properties. The product finds its use in a wide range of applications such as rheology, leather industry, cosmetics, spectrometry, and sports. Also, it is used as an intermediate in esterification, etherification, and polycondensation.


The increasing demand for polypropylene glycol in leather and cosmetics & personal care industries will flourish the market growth. In the cosmetic & personal care industry, polypropylene glycol is used as a softening agent, emollient, and lubrication agent. Thereby aids in preventing the skin dryness and dullness and makes its more soften. Moreover, in the leather industry, the product finds its use as a wetting agent, a surfactant, and a dispersant for leather finishing. The rapid growth in the cosmetic industry coupled with the increasing demand for leather in bags, belts, and clothe applications will contribute to providing healthy growth in the polypropylene glycol market during the forecast timeline.       

However, at toxic levels, propylene glycol causes severe neurological and seizures symptoms. This restricts its utilization in various applications and is anticipated to restrain market growth.

Key Market Driver -

The rising demand for poly propylene glycol in leather and cosmetics & personal care industries to drive the market growth.

Key Market Restraint -

Health impacts due to poly propylene glycol to restrict the market growth


Market Segmentation:


Based on application, the poly propylene glycol market is segmented into rheology, leather industry, mass spectrometry, laxatives manufacturing, paintballs manufacturing, solvent, skin care & cosmetics, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.  

Key Players Covered:


The key players in the poly propylene glycol market include KKPC, BASF, Dow, AGC, Covestro, Ineos, Sanyo Chemical, Jiangsu Haian Petrochemical, ACURO ORGANICS LIMITED, and Zhejiang Huangma.

Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis


Regional Analysis:


Asia Pacific is anticipated to witness sustainable growth in the polypropylene glycol market. The growth is attributed to the rising adoption of the product in leather processing. Additionally, the increasing product use in the laxatives and paintballs manufacturing will aid to propel the market growth in this region. The increasing demand for the product in the cosmetic & personal care industry will fuel the market growth in North America. The higher adoption of polypropylene glycol in leather processing coupled with increasing demand for the leather in the clothing application will flourish the market growth in Europe, in which the UK and Germany are the leading countries. The Middle East & Africa is anticipated to witness significant growth, owing to rising product adoption in the rheology and solvent.

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Segmentation


















 ATTRIBUTES 

 DETAILS     

By Application



  • Rheology

  • Leather industry

  • Mass spectrometry

  • Laxatives manufacturing

  • Paintballs manufacturing

  • Solvent

  • Skin Care and Cosmetics

  • Others



By Geography



  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)



  • Ongoing
  • 2023
  • 2019-2022

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