The global Dipropylene Glycol (DPG) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.0% during the review period (2022 to 2027)
Dipropylene glycol (DPG) is a hygroscopic, colorless, odorless liquid and has moderate viscosity. It has comparatively minor volatility and is totally miscible in water. It shows a wider range of solvent properties between other glycols. For instance, the capability of dipropylene glycol to dissolve oil like castor oil makes it very beneficial for a broad range of applications. The dipropylene glycol include regular grade and a high purity grade type having little odor. Dipropylene glycol is used as a plasticizer, solvent, intermediate in commercial chemical reactions, and polymerization chain initiator. Its low toxicity and high solubility make it an ultimate additive for perfumes and personal care products like skin and hair care products. Also, it is a commonly used ingredient in business fog fluid, used in entertainment and film market fog machines. The implementation of regular category dipropylene glycol cover urethanes, paints & coatings whereas the main applications of high purity category of dipropylene glycol comprise cosmetics, fragrance, and personal care. The rising demand from all such purposes is expected to boost the global dipropylene glycol market.The rising applications in the personal care and cosmetics industries due to the low toxicity and high solubility of DPG are likely to drive the market.Dipropylene glycol is a member of the glycol class of compounds. Simply put, ‘glycol’ is a term for any organic compound belonging to the alcohol family. A glycol, which may also be referred to as a diol, comprises two hydroxyls groups attached to different carbon atoms. There are many different types of compounds that belong to this family, such as butylene glycol, polyethylene glycol, and ethylene glycol.
Top Key players in the Dipropylene Glycol (DPG) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Dipropylene Glycol (DPG) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Dow, LyondellBasell, SKC, Repsol, INEOS, Shell, BASF, Huntsman, CNOOC and Shell Petrochemicals, Manali Petrochemicals, ADEKA, Hi-tech Spring Chemical and others.
June 2018, INEOS Oxide a UK based chemical manufacturer expanded its Dipropylene Glycol manufacturing capacity at its manufacturing facility of Koln, Germany to meet the increasing demand for the Glycol product.
Dipropylene Glycol (DPG) Market is segmented based on the type, applications, companies and regions.
By Type, Dipropylene Glycol (DPG) Market has been segmented into
The end user’s industry application on Dipropylene Glycol (DPG) Market are,
Asia Pacific is estimated to dominate the market for dipropylene glycol attributed to the max demand for plasticizer and polyurethane resins from China and India. Moreover, the growing textile industry is rising the demand for textile lubricants substantially increasing the demand for DPG. North America and Europe is expected to grow significantly due to the increasing use of glycols in printing inks, perfumes, body lotions, and other products.
The report offers in-depth assessment of the growth and other aspects of the Dipropylene Glycol (DPG) Market in important regions, including the
Forecast Period 2022 to 2027 CAGR
CAGR of 4.0% during the review period (2022 to 2027).
Dow, LyondellBasell, SKC, Repsol, INEOS, Shell, BASF, Huntsman, CNOOC and Shell Petrochemicals, Manali Petrochemicals, ADEKA, Hi-tech Spring Chemical and others.
2017 to 2021
2022 to 2027
Number of Pages
Yes, the report can be customized as per your needs
What is the study period of this market?
The Dipropylene Glycol (DPG) Market is studied from 2017 - 2027.
What is the growth rate of Dipropylene Glycol (DPG) Market?
The Dipropylene Glycol (DPG) Market is growing at a CAGR of 4.0% over the next 5 years.
What regions does this Dipropylene Glycol (DPG) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.