Monopropylene Glycol Market - Forecast(2022 - 2027)

Report Code: CMR 0812 Report Format: PDF + Excel
Monopropylene Glycol Market Overview:
The total exports of monopropylene glycol around the world in 2017 are 1.05 million tons which are of total value $1.36 billion. Germany has exported more in the world with 255,041 tons of monopropylene glycol and it is followed by the United States of America with 120,515 tons and China with 113,822 tons of monopropylene glycol. The year 2017 has registered a negative CAGR of -4% when compared to the previous years’ exports. In the global imports of monopropylene glycol, China had stood first in 2017 with total imports of 69,795 tons and it is followed by France with 65,617 and Italy with 57,506 tons of monopropylene glycol.  

Monopropylene Glycol Market Outlook:
Monopropylene Glycol is available in two grades food grade and industrial grade. The food grade monopropylene glycol is mostly used in the food, cosmetics, and pharmaceutical industries.  It is used as a solvent for food colorings, flavorings and it is also a humectant food additive. In the personal care industry, it is used as a moisturizer in shampoos, bubble bath, baby wipes and many others. In the pharmaceutical industry, monopropylene glycol is used as a solvent in oral, injectable, and topical formulations. In many uses of industrial grade monopropylene glycol, its application as an antifreeze in aircraft wing and runway deicer is the main one. It is also used in heat transfer liquids such as engine coolants. It is also used as a chemical intermediate in the production of high-performance unsaturated polyester resins which are used in paints, coatings and varnishes. It is also used as a solvent which is used in printing inks, and in the manufacture of non-ionic detergents which are used in the petroleum, sugar-refining, and papermaking industries. Monopropylene Glycol is also used an additive in pipe tobacco in the cryonics industry as it prevents dehydration.
Monopropylene Glycol Market report comprises of pricing analysis for different types of Monopropylene Glycol. The price of Monopropylene Glycol is expected to range from $900 to $1400 per ton of monopropylene glycol. 
Monopropylene Glycol Market Growth Drivers: One of the major drivers in the global Monopropylene Glycol Market is the rapidly growing food & beverage industry in the world. Monopropylene glycol is used extensively as an additive and humectant and many others. This extensive usage of monopropylene glycol in this industry is driving the market. 

Monopropylene Glycol Market Challenges: The main challenge in the global Monopropylene Glycol Market is the side effects of using medicines containing monopropylene glycol. 


Monopropylene Glycol Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Monopropylene Glycol market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Monopropylene Glycol market and their specific applications in different types of vehicles.

Monopropylene Glycol Market Report: Industry Coverage

Grades of Monopropylene Glycol:  Food grade and Industrial grade. 

Production Methods of Monopropylene Glycol: Catalytic and Non- Catalytic

Applications of Monopropylene Glycol: Food Colorings, Solvent, Printing Inks, Non-ionic Detergents, Sugar Refining, Paper Making, Dehydrating Agent, Moisturizer, Emulsifier, Excipient, Anti-freezing Agent, Chemical Intermediate, Chemical Feedstock, Humectant, Preservative, Vaporizers and Veterinary Medicine. 

Monopropylene Glycol market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • The Middle East and Africa: Israel, South Africa, Saudi Arabia

Monopropylene Glycol Market Key Players Perspective: 
Some of the key players mentioned in this report are Shell Chemicals, LyondellBasell, The Dow Chemical Company, Archer Daniels Midland Company, Banner Chemicals Ltd, BAX Chemicals, Airedale Chemical, Helm AG, Sigma Aldrich, Chemtex Specialty Chemicals Ltd and Solventis Ltd. among others. 

Monopropylene Glycol Market Trends:
  • September 13, 2018: MOL Petrochemicals, a subsidiary of MOL, a Hungarian oil and gas company subsidiary is entering into four separate engineering, procurement and construction contracts with ThyssenKrupp Industrial Solutions AG, Germany. This project “Polyol Project” will cover the implementation of new hydrogen-peroxide and propylene-oxide plants, the polyol plant and the propylene-glycol plant and the off-site and utility units.
  • In the month of January 2018, Archer Daniels Midland, an American global food processing and commodities trading corporation, headquartered in Chicago, Illinois, USA has paired with Pacific Northwest National Laboratory which is one of the United States Department of Energy national laboratories in Richland, Washington, USA to produce biobased propylene glycol with sorbitol and glycerol. This new source of monopropylene glycol is economically competitive with renewable sources that meets American Society for Testing and Materials standards for 100% biobased renewable carbon content. It also meets U.S. Department of Agriculture BioPreferred standards, a voluntary labeling initiative that certifies this polypropylene as biobased. 
  • Bharat Petroleum Corporation Limited (BPCL), a Government of India controlled Maharatna oil and gas company headquartered in Mumbai, has set up a polyol, propylene glycol and mono ethylene glycol petrochemical complex at one of its refineries located at Ambalamugal, Kerala in Southern India. This new plant will have the capacity to produce 250 kT/year of polyols, 100 kT/year of propylene glycol and 140 kT/year of mono ethylene glycol.
  • Netherlands based company LyondellBasell, one of the largest plastics, chemicals and refining companies in the world has successfully acquisition of an American company A. Schulman, Inc., a leading global supplier of high-performance plastic compounds, composites and powders. The acquisition will more than doubles the LyondellBasell's existing compounding business and also broadens the company's reach into growing, high-margin end markets such as automotive, construction materials, electronic goods and packaging.
1. Monopropylene Glycol Market - Overview
1.1. Definitions and Scope
2. Monopropylene Glycol Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Monopropylene Glycol Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Monopropylene Glycol Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Monopropylene Glycol Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Monopropylene Glycol Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. The threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Monopropylene Glycol Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product lifecycle
7.4. Suppliers and distributors Market Share
8. Monopropylene Glycol Market – By Grade (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. By Grade Segment Analysis
8.3.1. Food-Grade
8.3.2. Industrial
9. Monopropylene Glycol Market – By Production Method (Market Size -$Million / $Billion)
9.1. Catalytic
9.2. Non- Catalytic 
10. Monopropylene Glycol– Applications (Market Size -$Million / $Billion)
10.1. Food Colorings
10.2. Solvent
10.3. Printing Inks
10.4. Non-ionic Detergents
10.5. Sugar Refining
10.6. Emulsifier
10.7. Excipient
10.8. Paper Making 
10.9. Dehydrating Agent
10.10. Moisturizer
10.10. Anti-freezing Agent
10.12. Chemical Intermediate
10.13. Chemical Feedstock
10.14. Humectant
10.15. Preservative
10.16. Vaporizers
10.17. Veterinary Medicine
11. Monopropylene Glycol – By End Use Industry(Market Size -$Million / $Billion)
11.1. Segment type Size and Market Share Analysis 
11.2. Application Revenue and Trends by type of Application
11.3. Application Segment Analysis by Type
11.3.1. Paints & Coatings
11.3.2. Cryonics
11.3.3. Pharmaceutical
11.3.4. Food & Beverages
11.3.5. Cosmetics & Personal Care
11.3.6. Aerospace
11.3.7. Detergents
11.3.8. Automotive Others
12. Monopropylene Glycol - By Geography (Market Size -$Million / $Billion)
12.1. Monopropylene Glycol Market - North America Segment Research
12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis 
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
12.3. Monopropylene Glycol - South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis 
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
12.5. Monopropylene Glycol - Europe Segment Research
12.6. Europe Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis 
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
12.7. Monopropylene Glycol – APAC Segment Research
12.8. APAC Market Research (Market Size -$Million / $Billion)
12.8.1. Segment type Size and Market Size Analysis 
12.8.2. Revenue and Trends
12.8.3. Application Revenue and Trends by type of Application
12.8.4. Company Revenue and Product Analysis
12.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia
13. Monopropylene Glycol Market - Entropy
13.1. New product launches
13.2. M&A's, collaborations, JVs and partnerships
14. Monopropylene Glycol Market – Industry / Segment Competition landscape Premium
14.1. Market Share Analysis
14.1.1. Market Share by Country- Top companies
14.1.2. Market Share by Region- Top 10 companies
14.1.3. Market Share by type of Application – Top 10 companies
14.1.4. Market Share by type of Product / Product category- Top 10 companies
14.1.5. Market Share at global level- Top 10 companies
14.1.6. Best Practises for companies
15. Monopropylene Glycol Market – Key Company List by Country Premium
16. Monopropylene Glycol Market Company Analysis
16.1. Market Share, Company Revenue, Products, M&A, Developments
16.2. Shell Chemicals
16.3. LyondellBasell,
16.4. The Dow Chemical Company
16.5. Archer Daniels Midland Company
16.6. Banner Chemicals Ltd
16.7. BAX Chemicals
16.8. Airedale Chemical
16.9. Helm AG
16.10. Sigma Aldrich
16.11. Chemtex Specialty Chemicals Ltd 
16.12. Solventis Ltd. 
16.13. Company 12
16.14. Company 13
16.15. Company 14 and more
"*Financials would be provided on a best efforts basis for private companies"
17. Monopropylene Glycol Market -Appendix
17.1. Abbreviations
17.2. Sources
18. Monopropylene Glycol Market -Methodology Premium
18.1. Research Methodology
18.1.1. Company Expert Interviews
18.1.2. Industry Databases
18.1.3. Associations
18.1.4. Company News
18.1.5. Company Annual Reports
18.1.6. Application Trends
18.1.7. New Products and Product database
18.1.8. Company Transcripts
18.1.9. R&D Trends
18.1.10. Key Opinion Leaders Interviews
18.1.12. Supply and Demand Trends