Global Dipropylene Glycol Market Growth, Trends, COVID-19 Impact and Forecast to 2030

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Asia-Pacific is the biggest market for Dipropylene Glycol. The ever-rising population and large-scale consumption of cosmetics, chemicals, and plastic products have resulted in a 2.8% increase in demand for Dipropylene Glycol by the industrial sector present in this region.

Dipropylene Glycol Market Report Overview:

The primary goal of MMR's Dipropylene Glycol market report is to assist clients in making informed business decisions. This involves identifying areas that require improvement, recognizing well-performing segments, and guiding new entrants in navigating and establishing their presence within the competitive landscape. The report also sheds light on the existing challenges within the Dipropylene Glycol market.

Anticipated Growth in Revenue:

Dipropylene Glycol Market is expected to reach USD 5.71 Bn. at a CAGR of 2.4% during the forecast period 2030.

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Dipropylene Glycol Market Scope and Research Methodology

The report offers a comprehensive analysis of global Dipropylene Glycol market trends, forecasts, and financial aspects. It presents an in-depth examination of segments and sub-segments within both global and regional Dipropylene Glycol markets. Utilizing a bottom-up approach, the report delves into estimations of market size. The Dipropylene Glycol Market report encompasses essential information about key market participants and emerging players, including their services, revenue, financial standing, portfolios, growth strategies, and regional presence. Future market size and growth rate predictions, alongside current and prospective trends in the Dipropylene Glycol market, are also provided.

The report delves into demand projections, market trends, and micro and macro factors in detail. It identifies drivers and constraints impacting the growth of the Dipropylene Glycol market. Employing both qualitative and quantitative methods, the research employs tools such as SWOT, PESTLE, and Porter's Five Forces for the analysis of the Dipropylene Glycol market. The analysis identifies key upcoming developments projected to shape demand within the Dipropylene Glycol market over the forecast period.

Dipropylene Glycol Market Regional Revelations:

Geographically, Dipropylene Glycol market report is segmented into several key regions are as follows,

  • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • North America (the United States, Mexico, and Canada.)
  • South America (Brazil etc.)
  • The Middle East and Africa (GCC Countries and Egypt.)

Dipropylene Glycol Market Segmentation:

by Grade

Industrial Grade
Cosmetics Grade

It has been noted that industrial grade dipropylene glycol makes up over 40% of the market's supply. The demand for cosmetics grade dipropylene glycol has increased by 2.6% as a result of a rise in the demand for body care products.

by Application

Perfumes
Plasticizers
Insecticides
Polymerization Initiator
Paints & Coatings
Others

Application: It has been noted that the industrial sector uses more than 35% of the produced dipropylene glycol to make plastic. The chemical sector has reported a 3.1% increase in demand for dipropylene glycol. The cosmetics industry's demand for dipropylene glycol has increased by 3% as a result of consumers' growing preferences for makeup and personal hygiene products.

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Dipropylene Glycol Market Key Players:

1. BASF SE
2. NEI Corporation
3. The 3M Company
4. Umicore N.V.
5. Johnson Matthey
6. Targray Technologies International Inc.
7. Sumitomo Corporation
8. Toda Kogyo Corporation
9. Hitachi Chemical Energy Technology Co., Ltd.
10. Showa Denko K.K.
11. Kureha Corporation
12. Mitsubishi Chemical Corporation
13. Gravita India Ltd.
14. Mitsui Mining and Smelting Co., Ltd.
15. Pulead Technology Industry Co. Ltd.

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Key questions answered in the Dipropylene Glycol Market are:

  • What was the Dipropylene Glycol market size in 2024?
  • What is the growth rate of the Dipropylene Glycol Market?
  • Which are the factors expected to drive the Dipropylene Glycol market growth?
  • What are the different segments of the Dipropylene Glycol Market?
  • What are the factors restraining the growth of the Dipropylene Glycol Market?
  • What segments are covered in the Dipropylene Glycol Market?
  • Who are the key players in the Global Dipropylene Glycol market?
  • What are the upcoming industry applications and trends for the Dipropylene Glycol Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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