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 Research
Propylene Glycol Solvent Industry Research Report 2026
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 quantifies the global Propylene Glycol Solvent market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Propylene Glycol Solvent.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Propylene Glycol Solvent manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Propylene Glycol Solvent by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Propylene Glycol Solvent in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Propylene Glycol Solvent by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Industrial Grade Propylene Glycol Solvent
- 2.2.3 Food Grade Propylene Glycol Solvent
- 2.2.4 Pharmaceutical Grade Propylene Glycol Solvent
- 2.3 Propylene Glycol Solvent by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Industrial Cleaning Fluid
- 2.3.3 Paint and Ink
- 2.3.4 Food Processing
- 2.3.5 Medical Field
- 2.3.6 Personal Care
- 2.3.7 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Propylene Glycol Solvent Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Propylene Glycol Solvent Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Propylene Glycol Solvent Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Propylene Glycol Solvent Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Propylene Glycol Solvent Production by Manufacturers (2021-2026)
- 3.2 Global Propylene Glycol Solvent Production Value by Manufacturers (2021-2026)
- 3.3 Global Propylene Glycol Solvent Average Price by Manufacturers (2021-2026)
- 3.4 Global Propylene Glycol Solvent Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Propylene Glycol Solvent Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Propylene Glycol Solvent Manufacturers, Product Type & Application
- 3.7 Global Propylene Glycol Solvent Manufacturers Established Date
- 3.8 Global Propylene Glycol Solvent Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Dow
- 4.1.1 Dow Propylene Glycol Solvent Company Information
- 4.1.2 Dow Propylene Glycol Solvent Business Overview
- 4.1.3 Dow Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Dow Product Portfolio
- 4.1.5 Dow Recent Developments
- 4.2 Lyondell Basell
- 4.2.1 Lyondell Basell Propylene Glycol Solvent Company Information
- 4.2.2 Lyondell Basell Propylene Glycol Solvent Business Overview
- 4.2.3 Lyondell Basell Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Lyondell Basell Product Portfolio
- 4.2.5 Lyondell Basell Recent Developments
- 4.3 Indorama(Huntsman)
- 4.3.1 Indorama(Huntsman) Propylene Glycol Solvent Company Information
- 4.3.2 Indorama(Huntsman) Propylene Glycol Solvent Business Overview
- 4.3.3 Indorama(Huntsman) Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Indorama(Huntsman) Product Portfolio
- 4.3.5 Indorama(Huntsman) Recent Developments
- 4.4 ADM
- 4.4.1 ADM Propylene Glycol Solvent Company Information
- 4.4.2 ADM Propylene Glycol Solvent Business Overview
- 4.4.3 ADM Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 ADM Product Portfolio
- 4.4.5 ADM Recent Developments
- 4.5 INEOS
- 4.5.1 INEOS Propylene Glycol Solvent Company Information
- 4.5.2 INEOS Propylene Glycol Solvent Business Overview
- 4.5.3 INEOS Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 INEOS Product Portfolio
- 4.5.5 INEOS Recent Developments
- 4.6 BASF
- 4.6.1 BASF Propylene Glycol Solvent Company Information
- 4.6.2 BASF Propylene Glycol Solvent Business Overview
- 4.6.3 BASF Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 BASF Product Portfolio
- 4.6.5 BASF Recent Developments
- 4.7 Repsol
- 4.7.1 Repsol Propylene Glycol Solvent Company Information
- 4.7.2 Repsol Propylene Glycol Solvent Business Overview
- 4.7.3 Repsol Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Repsol Product Portfolio
- 4.7.5 Repsol Recent Developments
- 4.8 SKC
- 4.8.1 SKC Propylene Glycol Solvent Company Information
- 4.8.2 SKC Propylene Glycol Solvent Business Overview
- 4.8.3 SKC Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 SKC Product Portfolio
- 4.8.5 SKC Recent Developments
- 4.9 Shell
- 4.9.1 Shell Propylene Glycol Solvent Company Information
- 4.9.2 Shell Propylene Glycol Solvent Business Overview
- 4.9.3 Shell Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Shell Product Portfolio
- 4.9.5 Shell Recent Developments
- 4.10 Shandong Shida Shenghua
- 4.10.1 Shandong Shida Shenghua Propylene Glycol Solvent Company Information
- 4.10.2 Shandong Shida Shenghua Propylene Glycol Solvent Business Overview
- 4.10.3 Shandong Shida Shenghua Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Shandong Shida Shenghua Product Portfolio
- 4.10.5 Shandong Shida Shenghua Recent Developments
- 4.11 CNOOC & Shell Petrochem
- 4.11.1 CNOOC & Shell Petrochem Propylene Glycol Solvent Company Information
- 4.11.2 CNOOC & Shell Petrochem Propylene Glycol Solvent Business Overview
- 4.11.3 CNOOC & Shell Petrochem Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 CNOOC & Shell Petrochem Product Portfolio
- 4.11.5 CNOOC & Shell Petrochem Recent Developments
- 4.12 Hi-tech Spring Chem
- 4.12.1 Hi-tech Spring Chem Propylene Glycol Solvent Company Information
- 4.12.2 Hi-tech Spring Chem Propylene Glycol Solvent Business Overview
- 4.12.3 Hi-tech Spring Chem Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Hi-tech Spring Chem Product Portfolio
- 4.12.5 Hi-tech Spring Chem Recent Developments
- 4.13 Daze Group
- 4.13.1 Daze Group Propylene Glycol Solvent Company Information
- 4.13.2 Daze Group Propylene Glycol Solvent Business Overview
- 4.13.3 Daze Group Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Daze Group Product Portfolio
- 4.13.5 Daze Group Recent Developments
- 4.14 Shandong Depu Chem
- 4.14.1 Shandong Depu Chem Propylene Glycol Solvent Company Information
- 4.14.2 Shandong Depu Chem Propylene Glycol Solvent Business Overview
- 4.14.3 Shandong Depu Chem Propylene Glycol Solvent Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Shandong Depu Chem Product Portfolio
- 4.14.5 Shandong Depu Chem Recent Developments
5 Global Propylene Glycol Solvent Production by Region
- 5.1 Global Propylene Glycol Solvent Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Propylene Glycol Solvent Production by Region: 2021-2032
- 5.2.1 Global Propylene Glycol Solvent Production by Region: 2021-2026
- 5.2.2 Global Propylene Glycol Solvent Production Forecast by Region (2027-2032)
- 5.3 Global Propylene Glycol Solvent Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Propylene Glycol Solvent Production Value by Region: 2021-2032
- 5.4.1 Global Propylene Glycol Solvent Production Value by Region: 2021-2026
- 5.4.2 Global Propylene Glycol Solvent Production Value Forecast by Region (2027-2032)
- 5.5 Global Propylene Glycol Solvent Market Price Analysis by Region (2021-2026)
- 5.6 Global Propylene Glycol Solvent Production and Value, YOY Growth
- 5.6.1 North America Propylene Glycol Solvent Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Propylene Glycol Solvent Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Propylene Glycol Solvent Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Propylene Glycol Solvent Production Value Estimates and Forecasts (2021-2032)
6 Global Propylene Glycol Solvent Consumption by Region
- 6.1 Global Propylene Glycol Solvent Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Propylene Glycol Solvent Consumption by Region (2021-2032)
- 6.2.1 Global Propylene Glycol Solvent Consumption by Region: 2021-2026
- 6.2.2 Global Propylene Glycol Solvent Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Propylene Glycol Solvent Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Propylene Glycol Solvent Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Propylene Glycol Solvent Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Propylene Glycol Solvent Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Propylene Glycol Solvent Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Propylene Glycol Solvent Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Propylene Glycol Solvent Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Propylene Glycol Solvent Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Propylene Glycol Solvent Production by Type (2021-2032)
- 7.1.1 Global Propylene Glycol Solvent Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Propylene Glycol Solvent Production Market Share by Type (2021-2032)
- 7.2 Global Propylene Glycol Solvent Production Value by Type (2021-2032)
- 7.2.1 Global Propylene Glycol Solvent Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Propylene Glycol Solvent Production Value Market Share by Type (2021-2032)
- 7.3 Global Propylene Glycol Solvent Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Propylene Glycol Solvent Production by Application (2021-2032)
- 8.1.1 Global Propylene Glycol Solvent Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Propylene Glycol Solvent Production Market Share by Application (2021-2032)
- 8.2 Global Propylene Glycol Solvent Production Value by Application (2021-2032)
- 8.2.1 Global Propylene Glycol Solvent Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Propylene Glycol Solvent Production Value Market Share by Application (2021-2032)
- 8.3 Global Propylene Glycol Solvent Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Propylene Glycol Solvent Value Chain Analysis
- 9.1.1 Propylene Glycol Solvent Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Propylene Glycol Solvent Production Mode & Process
- 9.2 Propylene Glycol Solvent Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Propylene Glycol Solvent Distributors
- 9.2.3 Propylene Glycol Solvent Customers
10 Global Propylene Glycol Solvent Analyzing Market Dynamics
- 10.1 Propylene Glycol Solvent Industry Trends
- 10.2 Propylene Glycol Solvent Industry Drivers
- 10.3 Propylene Glycol Solvent Industry Opportunities and Challenges
- 10.4 Propylene Glycol Solvent Industry Restraints
11 Report Conclusion
12 Disclaimer
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