High Purity Propylene Glycol Market
High Purity Propylene Glycol Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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High Purity Propylene Glycol Market Size and Growth
The High Purity Propylene Glycol market is witnessing robust growth, driven by increasing demand in pharmaceuticals, food, and cosmetics. The market size is projected to reach approximately $1.1 billion by 2027, reflecting a CAGR of 5% from the previous year. Key trends include rising health consciousness and expanding application sectors. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Dow
◍ Hi-tech Spring
◍ Repsol
◍ Huntsman
◍ Shell
◍ LyondellBasell
◍ SKC
◍ AGC Chemicals
The High Purity Propylene Glycol Market is competitive, with key players like Dow, Repsol, and Huntsman driving innovation and expansion. These companies leverage high purity propylene glycol for applications in pharmaceuticals, food, and cosmetics, boosting market growth through product development and strategic partnerships. Sales revenues include:
- Dow: $55 billion (2022)
- Huntsman: $8 billion (2022)
- Shell: $385 billion (2022)
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Market Segmentation
By Application
Pharmaceutical
Food
Cosmetic
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By Product
Purity: 99.5%
Purity: 99.9%
Market Growth
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$ X Billion USD
