APO RESEARCH · REPORT
Propylene Glycol Solvent
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Growth & Trends
Global Propylene Glycol Solvent Industry Growth and Trends Forecast to 2032
Market perspective
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.
Read the full market overview
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.
Report Scope
This report provides a structured, data-driven view of the global Propylene Glycol Solvent market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Propylene Glycol Solvent market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Propylene Glycol Solvent market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Propylene Glycol Solvent.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Propylene Glycol Solvent market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Propylene Glycol Solvent Market 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
Propylene Glycol Solvent Segment by Type
Industrial Grade Propylene Glycol Solvent
Food Grade Propylene Glycol Solvent
Pharmaceutical Grade Propylene Glycol Solvent
Propylene Glycol Solvent Segment by Application
Industrial Cleaning Fluid
Paint and Ink
Food Processing
Medical Field
Personal Care
Others
Propylene Glycol Solvent Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Propylene Glycol Solvent market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Propylene Glycol Solvent and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Propylene Glycol Solvent.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Propylene Glycol Solvent manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Propylene Glycol Solvent in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Industrial Grade Propylene Glycol Solvent
- Food Grade Propylene Glycol Solvent
- Pharmaceutical Grade Propylene Glycol Solvent
Applications
- Industrial Cleaning Fluid
- Paint and Ink
- Food Processing
- Medical Field
- Personal Care
- Others
Companies covered
- 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
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Propylene Glycol Solvent Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Propylene Glycol Solvent Sales Estimates and Forecasts (2021-2032)
- 1.3 Propylene Glycol Solvent Market by Type
- 1.3.1 Industrial Grade Propylene Glycol Solvent
- 1.3.2 Food Grade Propylene Glycol Solvent
- 1.3.3 Pharmaceutical Grade Propylene Glycol Solvent
- 1.4 Global Propylene Glycol Solvent Market Size by Type
- 1.4.1 Global Propylene Glycol Solvent Market Size Overview by Type (2021-2032)
- 1.4.2 Global Propylene Glycol Solvent Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Propylene Glycol Solvent Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Propylene Glycol Solvent Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Propylene Glycol Solvent Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Propylene Glycol Solvent Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Propylene Glycol Solvent Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Propylene Glycol Solvent Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Propylene Glycol Solvent Industry Trends
- 2.2 Propylene Glycol Solvent Industry Drivers
- 2.3 Propylene Glycol Solvent Industry Opportunities and Challenges
- 2.4 Propylene Glycol Solvent Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Propylene Glycol Solvent Revenue (2021-2026)
- 3.2 Global Top Players by Propylene Glycol Solvent Sales (2021-2026)
- 3.3 Global Top Players by Propylene Glycol Solvent Price (2021-2026)
- 3.4 Global Propylene Glycol Solvent Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Propylene Glycol Solvent Major Company Production Sites & Headquarters
- 3.6 Global Propylene Glycol Solvent Company, Product Type & Application
- 3.7 Global Propylene Glycol Solvent Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Propylene Glycol Solvent Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Propylene Glycol Solvent Players Market Share by Revenue in 2025
- 3.8.3 2025 Propylene Glycol Solvent Tier 1, Tier 2, and Tier 3
4 Propylene Glycol Solvent Regional Status and Outlook
- 4.1 Global Propylene Glycol Solvent Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Propylene Glycol Solvent Historic Market Size by Region
- 4.2.1 Global Propylene Glycol Solvent Sales in Volume by Region (2021-2026)
- 4.2.2 Global Propylene Glycol Solvent Sales in Value by Region (2021-2026)
- 4.2.3 Global Propylene Glycol Solvent Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Propylene Glycol Solvent Forecasted Market Size by Region
- 4.3.1 Global Propylene Glycol Solvent Sales in Volume by Region (2027-2032)
- 4.3.2 Global Propylene Glycol Solvent Sales in Value by Region (2027-2032)
- 4.3.3 Global Propylene Glycol Solvent Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Propylene Glycol Solvent by Application
- 5.1 Propylene Glycol Solvent Market by Application
- 5.1.1 Industrial Cleaning Fluid
- 5.1.2 Paint and Ink
- 5.1.3 Food Processing
- 5.1.4 Medical Field
- 5.1.5 Personal Care
- 5.1.6 Others
- 5.2 Global Propylene Glycol Solvent Market Size by Application
- 5.2.1 Global Propylene Glycol Solvent Market Size Overview by Application (2021-2032)
- 5.2.2 Global Propylene Glycol Solvent Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Propylene Glycol Solvent Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Propylene Glycol Solvent Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Propylene Glycol Solvent Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Propylene Glycol Solvent Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Propylene Glycol Solvent Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Propylene Glycol Solvent Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Dow
- 6.1.1 Dow Company Information
- 6.1.2 Dow Business Overview
- 6.1.3 Dow Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Dow Propylene Glycol Solvent Product Portfolio
- 6.1.5 Dow Recent Developments
- 6.2 Lyondell Basell
- 6.2.1 Lyondell Basell Company Information
- 6.2.2 Lyondell Basell Business Overview
- 6.2.3 Lyondell Basell Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Lyondell Basell Propylene Glycol Solvent Product Portfolio
- 6.2.5 Lyondell Basell Recent Developments
- 6.3 Indorama(Huntsman)
- 6.3.1 Indorama(Huntsman) Company Information
- 6.3.2 Indorama(Huntsman) Business Overview
- 6.3.3 Indorama(Huntsman) Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Indorama(Huntsman) Propylene Glycol Solvent Product Portfolio
- 6.3.5 Indorama(Huntsman) Recent Developments
- 6.4 ADM
- 6.4.1 ADM Company Information
- 6.4.2 ADM Business Overview
- 6.4.3 ADM Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 ADM Propylene Glycol Solvent Product Portfolio
- 6.4.5 ADM Recent Developments
- 6.5 INEOS
- 6.5.1 INEOS Company Information
- 6.5.2 INEOS Business Overview
- 6.5.3 INEOS Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 INEOS Propylene Glycol Solvent Product Portfolio
- 6.5.5 INEOS Recent Developments
- 6.6 BASF
- 6.6.1 BASF Company Information
- 6.6.2 BASF Business Overview
- 6.6.3 BASF Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 BASF Propylene Glycol Solvent Product Portfolio
- 6.6.5 BASF Recent Developments
- 6.7 Repsol
- 6.7.1 Repsol Company Information
- 6.7.2 Repsol Business Overview
- 6.7.3 Repsol Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Repsol Propylene Glycol Solvent Product Portfolio
- 6.7.5 Repsol Recent Developments
- 6.8 SKC
- 6.8.1 SKC Company Information
- 6.8.2 SKC Business Overview
- 6.8.3 SKC Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 SKC Propylene Glycol Solvent Product Portfolio
- 6.8.5 SKC Recent Developments
- 6.9 Shell
- 6.9.1 Shell Company Information
- 6.9.2 Shell Business Overview
- 6.9.3 Shell Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Shell Propylene Glycol Solvent Product Portfolio
- 6.9.5 Shell Recent Developments
- 6.10 Shandong Shida Shenghua
- 6.10.1 Shandong Shida Shenghua Company Information
- 6.10.2 Shandong Shida Shenghua Business Overview
- 6.10.3 Shandong Shida Shenghua Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Shandong Shida Shenghua Propylene Glycol Solvent Product Portfolio
- 6.10.5 Shandong Shida Shenghua Recent Developments
- 6.11 CNOOC & Shell Petrochem
- 6.11.1 CNOOC & Shell Petrochem Company Information
- 6.11.2 CNOOC & Shell Petrochem Business Overview
- 6.11.3 CNOOC & Shell Petrochem Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 CNOOC & Shell Petrochem Propylene Glycol Solvent Product Portfolio
- 6.11.5 CNOOC & Shell Petrochem Recent Developments
- 6.12 Hi-tech Spring Chem
- 6.12.1 Hi-tech Spring Chem Company Information
- 6.12.2 Hi-tech Spring Chem Business Overview
- 6.12.3 Hi-tech Spring Chem Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Hi-tech Spring Chem Propylene Glycol Solvent Product Portfolio
- 6.12.5 Hi-tech Spring Chem Recent Developments
- 6.13 Daze Group
- 6.13.1 Daze Group Company Information
- 6.13.2 Daze Group Business Overview
- 6.13.3 Daze Group Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Daze Group Propylene Glycol Solvent Product Portfolio
- 6.13.5 Daze Group Recent Developments
- 6.14 Shandong Depu Chem
- 6.14.1 Shandong Depu Chem Company Information
- 6.14.2 Shandong Depu Chem Business Overview
- 6.14.3 Shandong Depu Chem Propylene Glycol Solvent Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Shandong Depu Chem Propylene Glycol Solvent Product Portfolio
- 6.14.5 Shandong Depu Chem Recent Developments
7 North America by Country
- 7.1 North America Propylene Glycol Solvent Sales by Country
- 7.1.1 North America Propylene Glycol Solvent Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Propylene Glycol Solvent Sales by Country (2021-2026)
- 7.1.3 North America Propylene Glycol Solvent Sales Forecast by Country (2027-2032)
- 7.2 North America Propylene Glycol Solvent Market Size by Country
- 7.2.1 North America Propylene Glycol Solvent Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Propylene Glycol Solvent Market Size by Country (2021-2026)
- 7.2.3 North America Propylene Glycol Solvent Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Propylene Glycol Solvent Sales by Country
- 8.1.1 Europe Propylene Glycol Solvent Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Propylene Glycol Solvent Sales by Country (2021-2026)
- 8.1.3 Europe Propylene Glycol Solvent Sales Forecast by Country (2027-2032)
- 8.2 Europe Propylene Glycol Solvent Market Size by Country
- 8.2.1 Europe Propylene Glycol Solvent Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Propylene Glycol Solvent Market Size by Country (2021-2026)
- 8.2.3 Europe Propylene Glycol Solvent Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Propylene Glycol Solvent Sales by Country
- 9.1.1 Asia-Pacific Propylene Glycol Solvent Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Propylene Glycol Solvent Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Propylene Glycol Solvent Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Propylene Glycol Solvent Market Size by Country
- 9.2.1 Asia-Pacific Propylene Glycol Solvent Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Propylene Glycol Solvent Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Propylene Glycol Solvent Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Propylene Glycol Solvent Sales by Country
- 10.1.1 South America Propylene Glycol Solvent Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Propylene Glycol Solvent Sales by Country (2021-2026)
- 10.1.3 South America Propylene Glycol Solvent Sales Forecast by Country (2027-2032)
- 10.2 South America Propylene Glycol Solvent Market Size by Country
- 10.2.1 South America Propylene Glycol Solvent Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Propylene Glycol Solvent Market Size by Country (2021-2026)
- 10.2.3 South America Propylene Glycol Solvent Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Propylene Glycol Solvent Sales by Country
- 11.1.1 Middle East and Africa Propylene Glycol Solvent Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Propylene Glycol Solvent Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Propylene Glycol Solvent Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Propylene Glycol Solvent Market Size by Country
- 11.2.1 Middle East and Africa Propylene Glycol Solvent Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Propylene Glycol Solvent Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Propylene Glycol Solvent Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Propylene Glycol Solvent Value Chain Analysis
- 12.1.1 Propylene Glycol Solvent Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Propylene Glycol Solvent Production Mode & Process
- 12.2 Propylene Glycol Solvent Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Propylene Glycol Solvent Distributors
- 12.2.3 Propylene Glycol Solvent Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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