The sample report shall be delivered to you within 24 hours. The trusted and reliable Monopropylene glycol (MPG) reports are published by ICIS weekly in Asia, Europe and the US. Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. Propylene Glycol (PG) 2020 World Market Outlook and Forecast up to 2029 grants access to the unique data on the examined market. 3. Due to rising environmental standards, various industries are increasing the use of propylene glycol as it is less toxic and has fewer side-effects than its substitutes. Having used a large variety of primary and secondary sources, our research team combined, canvassed and presented all available information on product in an all-encompassing research report clearly and coherently. KEY COMPANIES IN THE PROPYLENE GLYCOL MARKET WORLDWIDE 7. The global propylene glycol market is expected to grow at a CAGR of 4.4% between 2021 and 2026 to reach a volume of approximately 3.5 million metric tons by 2026. 11 Market Dynamics and Channel Analysis. Propylene glycol finds extensive application in the following industries: 1. According to a new report by Expert Market Research titled, ‘Global Propylene Glycol Market Report and Forecast 2020-2025, the global propylene glycol reached a volume of 2.72 million metric tons in 2019.The global propylene glycol market is expected to grow at a CAGR of 4.4% between 2020 and 2025 to reach a volume of approximately 3.5 million metric tons by 2025. Find out more about ICIS consulting services >>. See a sample below or register for free to see much more. Integrated PO producers appeared to favour higher-priced polyols rather than MPG. Propylene glycol (PG) market plant capacity, production, operating efficiency, demand & supply, end use, grade, distribution channel. Explore full report with table of contents@ https://www.expertmarketresearch.com/reports/propylene-glycol-market. Global Market 1,3-Propylene Glycol Average Price (USD/MT) of Key Manufacturers (2015-2020) Table 10. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation. Many buyers were sitting on ample inventories for most of Q3. Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. 10.2.1 Price Factor. 10.1 Global Market Size by Application. Middle East and Africa Trisodium Phosphate Market – https://www.expertmarketresearch.com/reports/trisodium-phosphate-market, Pyrite Market – https://www.expertmarketresearch.com/reports/pyrite-market, Benzyl Bromide Market – https://www.expertmarketresearch.com/reports/benzyl-bromide-market, Alunite Market – https://www.expertmarketresearch.com/reports/alunite-market, N-Pentane Market – https://www.expertmarketresearch.com/reports/n-pentane-market. The hurricane hit the area on 27 August and caused long-term power outages. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models. ICIS produces a series of highly informative and timely conferences. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. This equates to a PGP price of 59.0 cpp and a CGP price of 57.5 cpp. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Historical Market Size (2019): 2.72 million metric tons The global glycols market was valued at USD 31.80 billion in 2017 and is expected to grow at a CAGR of 5.1% from 2018 to 2026. “2013-2028 Report on Global Propylene Glycol (PG) Market by Player, Region, Type, Application and Sales Channel” the new research report adds in kandjmarketresearch.com research reports database. DPG demand was generally slow, while MPG USP demand remained below Q1 highs. © Copyright iCrowdNewswire LLC 9.3 Global Propylene Glycol (PG) Price by Type. PROPYLENE GLYCOL … Global Propylene Glycol Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 5.47% during forecast period. Asia Pacific. Artificial Intelligence driven Marketing Communications, Get in touch with one of our representatives and get yourPress Release published today. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic. Despite the steeper cost, market participants said demand remained strong. We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. You can discover details including top producing & exporting countries, real-time market prices, local product varieties, seasonality, production & export volumes, and more. Also Read@ Impact of COVID-19 on Global Polypropylene Market. Reference price of PROPYLENE is 1221.495USD/MT, down 0.12% from 1222.995USD/MT on 2020-12-17. Explore detailed information about the global Propylene Glycol markets. Purchase by the Gallon / Drums / Totes. Order online or call 800-658-7716. Market Info Reports offers excusive Research Report on 2015-2025 Global Poly Propylene Glycol Market Research by Type, End-Use and Region (COVID-19 Version). Offtake into UPRs for the construction industry improved and detergent demand was steady. Home » Reports » Global Propylene Glycol Coolant Market Report 2019 – Market Size, Share, Price, Trend and Forecast. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Hurricane Laura impacted production at Indorama’s facility in Port Neches, Texas. We offer the following regional Monopropylene glycol analysis and news coverage to keep you informed of factors and developments affecting prices in the Monopropylene glycol marketplace. Intratec provides Propylene pricing data, covering 13 years of historical prices and forecasts. Propylene Glycol Market Price, Trends, Growth, Report & Forecast 2020-2025 Posted on March 18, 2020 May 5, 2020 Author admin Comment(0) According to a new report by EMR titled, ‘Global Propylene Glycol Market Report and Forecast 2020-2025, the global propylene glycol reached a volume of 2.72 million metric tons in 2019. This is in response to the rising demand for the chemical in the region. As with many other petrochemicals, MPG hit a trough at the start of Q2 and slowly rebounded in the following months as portions of the economy began to reopen. PROPYLENE GLYCOL FEEDSTOCK MARKET 8. Also covered, propylene glycol ethers for the European market. It is relatively non-toxic but is a mild irritant and defatting agent. Market is expected to achieve a healthy CAGR of 5.36% during the forecast period. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China. You can control cookies through your browser settings. Propylene glycol market prices forecast up to 2022 6. 6. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture. Propylene glycol market forecast for next five years, including market volumes and prices is also provided Reasons to Buy Your knowledge of propylene glycol market will become wider Forecast Market Size (2025): 3.5 million metric tons, Request a free sample copy in PDF or view report summary@ https://www.expertmarketresearch.com/reports/propylene-glycol-market/requestsample. Propylene glycol ethers are high performance industrial solvents used in paints and coatings, cleaners, inks, adhesives, textiles, cosmetics, agriculture and electronics. Propylene Market Report and Price Trend Propylene Highlights from 07 Dec,2020 - 18 Dec,2020 During the last fortnight, Propylene prices moved down in Asia due to dull demand trends in the region. Demand for industrial-grade MPG (PGI) was largely subdued throughout Q3, especially with the industry being hit heavily by the effects of the coronavirus. It is an organic compound with viscous properties and appears as a colourless liquid. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. For the balance of Q1, we expect pricing to go up another 2 – 3 cpp. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. Demand struggled for industrial-grade material for much of Q3. Region market overview covers the following: production of propylene glycol in a region/country, consumption trends, price data, trade in the recent year and manufacturers The intelligence within the reports, gathered from across the markets by our locall- based reporters, will allow you to make informed and confident business decisions. Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish-speaking countries. Propylene glycol price index developments are calculated from multiple separate sources of data to ensure statistical accuracy. MPG demand increased in Q3, particularly in the final month of the quarter. Free Delivery. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. Although power was restored within 2-3 weeks, market participants said that supply remained tight in the following weeks. PG is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications, aircraft wing and runway de-icer, food, pharmaceuticals and personal care products, and paints/coatings. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players. ICIS price reports also cover propylene glycol ethers for the European market. It is commonly produced from propylene oxide industrially. We offer the following regional Propylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Propylene marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Propylene Breaking news of latest developments affecting the markets. 24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The manufacture of plasticisers and hydraulic brake fluids consume considerable quantities of propylene glycol and it is also used in the manufacture of non-ionic detergents which are utilised not only in the petroleum, sugar refining and paper making industries, but also in the preparation of toiletries, antibiotics and liquid washing formulations. The price assessments cover spot markets in Asia and Europe, while in the US, contract prices are published. Insight and analysis of factors driving prices. 10.2.4 Special Needs Factor. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. ICIS pricing intelligence is delivered to you online via the ICIS dashboard. The last month of Q3 saw a jump in enquiries as the market appeared to tighten and customers shopped around to secure volumes. All rights reserved. The new report by Expert Market Research titled, ‘Global Propylene Glycol Market Growth, Size, Share, Analysis, Trends, Report and Forecast 2020-2025’, gives an in-depth analysis of the global propylene glycol market, assessing the market based on its … According to a new report by EMR titled, ‘Global Propylene Glycol Market Report and Forecast 2021-2026, the global propylene glycol reached a volume of 2.72 million metric tons in 2020. MPG operating rates increased further in Q3, although producers kept a careful eye on inventories and demand and increased rates at different times during the quarter. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, Monopropylene glycol prices, markets & analysis. Functional Fluids ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Supply fell during Q3, as high upstream PO prices weighed on production rates for MPG as production costs rose significantly. The key highlights of the report include: 1. Liquid Detergent North America Grades assessed include: Unbiased commentary gives details of a general overview, graphs, feedstock information and news on different grades, where applicable. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Mono propylene glycol (MPG), otherwise referred to as propylene glycol (PG), is a product that is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively. Uptake from the pharmaceutical side for USP grade was a lot stronger, leading some sellers to focus more on USP than PGI. Find out more about ICIS pricing reports >>. Price Glycol Factory Supplier Price Skincare Organic Ingredients 2 3-Butylene Glycol Butanediol 24Months Shelflie US $3.22-$5.50 / Kilogram 200 Kilograms (Min Order) USA is the largest market propylene glycol supplier in the market with a net export surplus of 51 KMT/year as of 2016. ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Find out more about the ICIS Supply and Demand Window. The Global Propylene Glycol (PG) Market Research Report offers a wide-ranging insight into the development policies and plans in addition to manufacturing processes and cost structures. Spot polymer-grade propylene (PGP) prices dipped early in January from 31 cents per pound to 29 cents and then stayed in a tidy band of 29-30.25 cents until early March. 5. It is classified as a diol as it contains two alcohol (-OH) groups. After falling for much of 2020, propylene contracts began to rise in Q3, leading to higher MPG prices. ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Therefore the Propylene glycol price index means that the values provided are relative a chosen point in time which is defined as 1.00. Propylene Price Decline in Q1 2020 Propylene has been a different story. Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Demand Market Outlook 4. Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. Raw material is the largest driver of propylene glycol cost. Unfortunately, we are experiencing a repeat of what transpired with the propylene market in 2017 although the price then increased + 20 cpp. The increasing population in the region, accompanied by increasing construction spending in the developing markets of China, India, and South Korea, is projected to make this region an ideal destination for the propylene glycol industry. Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis. Find out more about ICIS consulting expertise in China >>. Global Propylene Glycol Coolant Market Report 2019 – Market Size, Share, Price, Trend and Forecast. The price assessments cover spot markets in Asia and Europe, while in the US, contract prices are published. Others, 1. Propylene, Propylene oxide (PO), Methanol. 10.2 Downstream Customers Analysis. Track historical price data. APAC is expected to account for the largest market share in the global propylene glycol market during the forecast period, in terms of both volume and value. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions. Propylene glycol is hydroscopic liquid which is produced by reacting propylene oxide with water. 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