Chemicals Industry Today
Europe Propylene Glycol Market Valued at USD 1.37 Billion in 2024 Driven by Expanding Industrial & Pharmaceutical Applications
Polaris Market Research has published a brand-new report titled Europe Propylene Glycol Market Size, Share, Trends, & Industry Analysis Report By Grade (Pharmaceutical & Food Grade, Industrial Grade), By Source, By End User, and By Country – Market Forecast, 2025–2034 that includes extensive information and analysis of the industry dynamics. The opportunities and challenges in the report's dynamical trends might be useful for the worldwide Europe Propylene Glycol industry.
The study provides an outline of the market's foundation and organizational structure and forecasts an increase in market share. The study offers a comprehensive analysis of the Europe Propylene Glycol Market size, present revenue, regular deliverables, share, and profit projections. The study report includes a sizable database on future market forecasting based on an examination of previous data.
Brief About the Report
The Europe propylene glycol market, valued at USD 1.37 billion in 2024, is growing at a steady CAGR of 3.5% from 2025 to 2034. Demand from pharmaceuticals, food processing, and industrial applications continues to support market expansion, driving it toward a projected size of USD 1.92 billion by 2034.
The market's supply-side and demand-side Europe Propylene Glycol Market trends are evaluated in the study. The study provides important details on applications and statistics, which are compiled in the report to provide a market prediction. Additionally, it offers thorough explanations of SWOT and PESTLE analyses depending on changes in the region and industry. It sheds light on risks, obstacles, and uncertainties, as well as present and future possibilities and challenges in the market.
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Key Aspects Covered in The Report
- Market introduction and product classifications
- Applications in automotive, pharmaceuticals, food, and industrial sectors
- Regulatory environment and environmental standards in Europe
- Raw material availability and production trends
- Import–export dynamics within EU nations
- Competitive landscape and major manufacturers
- Pricing analysis and market segmentation
- Future growth prospects and strategic recommendations
Europe Propylene Glycol Market Segmentation Analysis
The study offers a thorough analysis of the numerous market segments, including application type, product component, service types, and several geographic locations. The report's segment analysis section contains thoroughly researched expert-verified industry data. Strategic recommendations are given in terms of key business segments based on market estimations.
List of Major Key Players
- Adeka Corporation
- Archer-Daniels-Midland Company
- Asahi Glass Co., LTD.
- BASF SE
- Dow Chemicals
- Helm AG
- Huntsman International LLC
- INEOS Oxide Ltd.
- LyondellBasell Industries Holdings B.V.
- Royal Dutch Shell PLC
- Sumitomo Chemicals
- Temix Oleo S.R.L.
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Leading Players Analysis
The research report's chapter is entirely devoted to the competition environment. The Europe Propylene Glycol Market key players are examined, analyzing information on their evaluation and development in addition to a quick review of the company. Understanding the techniques employed by businesses and the steps they have recently taken to combat intense rivalry allows one to examine the competitive landscape. It covers each player's company profiles comprising sales, revenue, share, recent developments, SWOT analysis, capacity, production, revenue, gross margin, growth rate, and strategies employed by the major market players.
Different potentials in the domestic and regional markets are revealed by regional analysis of the sector. Each regional industry associated with this market is carefully examined to determine its potential for growth in the present and the future. Moreover, information on recent mergers and acquisitions that have taken place in the market is the subject of the research. This section provides important financial information about mergers and acquisitions that have recently shaped the Europe Propylene Glycol industry.
Report Summary
The analysis focuses on the regional forecast by type and application and the Europe Propylene Glycol Market sales and revenue prediction. The research report features data about the target market, such as pricing trends, customer requirements, and competitor analysis. The market growth has been examined using analytical approaches like PESTLE analysis, Porter's Five Forces analysis, feasibility studies, player-specific SWOT analyses, and ROI analyses.
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The Report Provides You Answer to Below Mentioned Question
Q1. What are the Europe propylene glycol market statistics?
Ans: The market was valued at USD 1.37 billion in 2024 and is projected to reach USD 1.92 billion by 2034.
Q2. What is the growth rate of the Europe propylene glycol market?
Ans: The market is expected to grow at a CAGR of 3.5% during the forecast period.
Q3. Which country dominated the market share in 2024?
Ans: Germany dominated the market in 2024.
Q4. Who are the key players in the market?
Ans: Key companies include Adeka Corporation, Archer-Daniels-Midland Company, Asahi Glass Co., LTD., BASF SE, Dow Chemicals, Helm AG, Huntsman International LLC, INEOS Oxide Ltd., LyondellBasell Industries Holdings B.V., Royal Dutch Shell PLC, Sumitomo Chemicals, and Temix Oleo S.R.L.
Q5. Which segment, by grade, led the market in 2024?
Ans: The pharmaceutical and food grade segment held the largest market revenue share in 2024.
Q6. Which end-user segment is expected to grow the fastest?
Ans: The pharmaceutical segment is projected to record the fastest growth during the forecast period.
Objectives of the Report
- To carefully analyze and forecast the size of the market by value and volume.
- To evaluate the market shares of major segments of the market
- To explain the development of the industry in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the market, their prospects, and individual growth trends.
- To offer precise and valuable details about factors affecting the Europe Propylene Glycol Market forecasts
- To provide a meticulous assessment of crucial business strategies used by leading companies.
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Polaris Market Research & Consulting, Inc.
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